Dave (DAVE) Net Margin (2021 - 2026)
Dave's Net Margin came in at 3.92% for Q2 2026, down 2.95 percentage points from 6.86% a year earlier and down 32.66 percentage points from the prior quarter.
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Analysis
Dave (DAVE) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Dave reported Net Margin of 34.59%, up 21.86 percentage points year-over-year; for FY2025, it came in at 35.34%, up 18.67 percentage points from FY2024.
- Net Margin has increased in each of the last three years, with a four-year change of +38.79 percentage points (FY2021 to FY2025).
- Going back by year, Net Margin was 16.67% in FY2024 (+35.40 pp), -18.73% in FY2023 (+44.20 pp), -62.93% in FY2022 (-59.49 pp) and -3.44% in FY2021.
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q3 2024.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +13.18 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2024 (a gain of 70.31 percentage points), and the weakest in Q3 2022 (a drop of 76.96 percentage points).
- Business Quant data shows DAVE's Net Margin at 36.57% (Q1 2026), 40.28% (Q4 2025) and 61.09% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 50.15 Bn | 8.37 Bn | - | 12.72% |
| 2 | Block | 46.92 Bn | 18.21 Bn | 3.17 Bn | 1.34% |
| 3 | Coinbase Global | 44.86 Bn | 1.67 Bn | - | -29.46% |
| 4 | Corpay | 26.85 Bn | 16.73 Bn | - | 18.55% |
| 5 | Fiserv | 25.70 Bn | 22.38 Bn | 2.90 Bn | 11.85% |
| 6 | Global Payments | 22.98 Bn | 772.96 Mn | 2.03 Bn | 0.39% |
| 7 | Guidewire Software | 15.62 Bn | 12.19 Bn | 269.68 Mn | 7.64% |
| 8 | Bitmine Immersion Technologies | 12.62 Bn | 10.00 Bn | 40.81 Mn | -179.60% |
| 9 | Chime Financial | 11.63 Bn | 7.42 Bn | 594.87 Mn | 4.16% |
| 10 | Dave | 4.68 Bn | 4.04 Bn | 160.49 Mn | 3.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.92% |
| Mar 31, 2026 | 36.57% |
| Dec 31, 2025 | 40.28% |
| Sep 30, 2025 | 61.09% |
| Jun 30, 2025 | 6.86% |
| Mar 31, 2025 | 26.68% |
| Dec 31, 2024 | 16.67% |
| Sep 30, 2024 | 0.50% |
| Jun 30, 2024 | 7.94% |
| Mar 31, 2024 | 46.51% |
| Dec 31, 2023 | 0.24% |
| 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 | 6.16% |
| Sep 30, 2021 | -6.66% |
API Access
Dave Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=DAVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "DAVE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=DAVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();