Dave (DAVE) Tax Rate (2023 - 2026)
Dave (DAVE) recorded Tax Rate of 54.42% in Q2 2026, up 32.97 percentage points from 21.45% a year earlier and up 37.00 percentage points from the prior quarter.
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Analysis
Dave (DAVE) Tax Rate (2023 - 2026) Analysis & Trends
On a TTM basis, Dave's Tax Rate came in at -7.30% as of Jun 30, 2026, down 20.78 percentage points year-over-year; for FY2025, it came in at -16.57%, down 20.68 percentage points from FY2024.
- Annual Tax Rate has a four-year change of -16.08 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 4.11% in FY2024 (+4.36 pp), -0.25% in FY2023 (-0.30 pp), 0.05% in FY2022 (+0.54 pp) and -0.49% in FY2021.
- The Q2 2026 figure is the highest quarterly Tax Rate in data going back to Q1 2021.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of +0.89 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 60.39 percentage points in Q2 2025, against a drop of 102.03 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.42% (Q1 2026), -2.68% (Q4 2025) and -57.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.73% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 26.96% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 30.70% |
| 10 | Dave | 3.67 Bn | 3.03 Bn | 160.49 Mn | 54.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.42% |
| Mar 31, 2026 | 17.42% |
| Jun 30, 2025 | 21.45% |
| Mar 31, 2025 | 14.93% |
| Dec 31, 2024 | 3.93% |
| Sep 30, 2024 | 44.46% |
| Mar 31, 2024 | 8.55% |
| Dec 31, 2023 | 34.91% |
API Access
Dave Tax Rate 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=tax-rate&ticker=DAVE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DAVE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();