Dave (DAVE) Operating Margin (2021 - 2026)
Dave's (DAVE) quarterly Operating Margin came in at 23.84% in Q2 2026, down 190.0% year-over-year from 26.49% in Q2 2025, and down 24.25% quarter-over-quarter from 31.48% in Q1 2026.
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Dave (DAVE) Operating Margin (2021 - 2026) Analysis & Trends
Dave has disclosed Operating Margin across 6 years of filings, most recently posting 23.84% for Q2 2026.
- In Q2 2026, Operating Margin fell 190.0% year-over-year to 23.84%; the TTM figure through Jun 2026 stood at 27.96% (up 1301.0% YoY), while the FY2025 annual figure was 27.63%, up 2732.0% from the prior year.
- Operating Margin came in at 23.84% for Q2 2026 at Dave, down from 31.48% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 34.39% in Q4 2023 to a low of 153.82% in Q2 2022.
- Average Operating Margin over 5 years is 21.37%, with a median of 7.01% recorded in 2024.
- Year-over-year, Operating Margin plunged 14859 bps in 2022 and jumped 9907 bps in 2023.
- Over 5 years, Operating Margin stood at 64.68% in 2022, then jumped by 153 bps to 34.39% in 2023, then plunged by 61 bps to 13.42% in 2024, then jumped by 149 bps to 33.45% in 2025, then retreated by 29 bps to 23.84% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 23.84% in Q2 2026, 31.48% in Q1 2026, and 33.45% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 3.18% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 21.24% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 23.84% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 13.35% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 8.46% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | -5.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.84% |
| Mar 31, 2026 | 31.48% |
| Dec 31, 2025 | 33.45% |
| Sep 30, 2025 | 22.98% |
| Jun 30, 2025 | 25.74% |
| Mar 31, 2025 | 26.08% |
| Dec 31, 2024 | 13.42% |
| Sep 30, 2024 | -11.74% |
| Jun 30, 2024 | -2.28% |
| Mar 31, 2024 | -15.64% |
| Dec 31, 2023 | 34.39% |
| Sep 30, 2023 | -40.90% |
| Jun 30, 2023 | -66.95% |
| Mar 31, 2023 | -52.58% |
| Dec 31, 2022 | -64.68% |
| Sep 30, 2022 | -99.32% |
| Jun 30, 2022 | -153.82% |
| Mar 31, 2022 | -88.06% |
| Dec 31, 2021 | -7.23% |
| Sep 30, 2021 | -3.28% |