Dave (DAVE) Operating Margin (2021 - 2026)
Dave's (DAVE) quarterly Operating Margin came in at 31.57% in Q1 2026, up 484.0% year-on-year from 5.41% in Q1 2025, and down 5.45% quarter-over-quarter from 33.39% in Q4 2025.
Dave (DAVE) Operating Margin (2021 - 2026) Analysis & Trends
Dave has disclosed Operating Margin across 6 years of filings, most recently posting 31.57% for Q1 2026.
- Operating Margin for Q1 2026 came in at 31.57%, up 484.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.65% (up 1920.0% YoY), and the FY2025 annual result was 6.37%, up 272.0% from the prior year.
- Operating Margin came in at 31.57% for Q1 2026 at Dave, down from 33.39% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 39.07% in Q4 2023 to a low of 132.31% in Q2 2022.
- The 5-year median for Operating Margin is 6.32% (2024), against an average of 16.95%.
- Across the five-year window, Operating Margin sank 12708 bps in 2022 and surged 8785 bps in 2023, its largest moves.
- Dave's Operating Margin stood at 48.77% in 2022, then jumped by 180 bps to 39.07% in 2023, then slumped by 66 bps to 13.42% in 2024, then soared by 149 bps to 33.39% in 2025, then fell by 5 bps to 31.57% in 2026.
- The last three Operating Margin figures came in at 31.57% (Q1 2026), 33.39% (Q4 2025), and 22.98% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 14.56% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.05% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 21.08% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.26% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 13.34% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | -22.99% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Dave | 4.11 Bn | 3.93 Bn | 148.85 Mn | 31.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.57% |
| Dec 31, 2025 | 33.39% |
| Sep 30, 2025 | 22.98% |
| Jun 30, 2025 | 25.74% |
| Mar 31, 2025 | 26.72% |
| Dec 31, 2024 | 13.42% |
| Sep 30, 2024 | -6.32% |
| Jun 30, 2024 | -0.60% |
| Mar 31, 2024 | -15.64% |
| Dec 31, 2023 | 39.07% |
| Sep 30, 2023 | -26.80% |
| Jun 30, 2023 | -45.97% |
| Mar 31, 2023 | -52.58% |
| Dec 31, 2022 | -48.77% |
| Sep 30, 2022 | -83.47% |
| Jun 30, 2022 | -132.31% |
| Mar 31, 2022 | -68.66% |
| Dec 31, 2021 | -7.23% |
| Sep 30, 2021 | -3.28% |
| Jun 30, 2021 | -5.23% |