Dave (DAVE) Net Margin (2021 - 2026)
Dave's (DAVE) quarterly Net Margin came in at 3.92% in Q2 2026, down 295.0% year-over-year from 2.01% in Q2 2025, and down 89.29% quarter-over-quarter from 36.57% in Q1 2026.
Analysis
Dave (DAVE) Net Margin (2021 - 2026) Analysis & Trends
Dave has disclosed Net Margin across 6 years of filings, most recently posting 3.92% for Q2 2026.
- In Q2 2026, Net Margin fell 295.0% year-over-year to 3.92%; the TTM figure through Jun 2026 stood at 24.78% (up 1441.0% YoY), while the FY2025 annual figure was 23.95%, up 1021.0% from the prior year.
- Net Margin came in at 3.92% for Q2 2026 at Dave, down from 36.57% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 61.09% in Q3 2025 to a low of 83.62% in Q3 2022.
- Average Net Margin over 5 years is 6.79%, with a median of 2.82% recorded in 2025.
- Year-over-year, Net Margin tumbled 8855 bps in 2022 and surged 7031 bps in 2024.
- Over 5 years, Net Margin stood at 36.02% in 2022, then surged by 140 bps to 14.31% in 2023, then tumbled by 54 bps to 6.56% in 2024, then tumbled by 74 bps to 1.72% in 2025, then surged by 128 bps to 3.92% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.92% in Q2 2026, 36.57% in Q1 2026, and 1.72% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 4.16% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 17.27% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 3.92% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 13.59% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 3.97% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | -6.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92% |
| Mar 31, 2026 | 36.57% |
| Dec 31, 2025 | 1.72% |
| Sep 30, 2025 | 61.09% |
| Jun 30, 2025 | 6.86% |
| Mar 31, 2025 | 26.68% |
| Dec 31, 2024 | 6.56% |
| Sep 30, 2024 | 0.50% |
| Jun 30, 2024 | 7.94% |
| Mar 31, 2024 | 46.51% |
| Dec 31, 2023 | 14.31% |
| Sep 30, 2023 | -18.31% |
| Jun 30, 2023 | -36.94% |
| Mar 31, 2023 | -23.80% |
| Dec 31, 2022 | -36.02% |
| Sep 30, 2022 | -83.62% |
| Jun 30, 2022 | -59.20% |
| Mar 31, 2022 | -77.07% |
| Dec 31, 2021 | -37.05% |
| Sep 30, 2021 | -19.63% |