Dave (DAVEW) Cost of Revenue (2021 - 2026)

Dave's (DAVEW) quarterly Cost of Revenue came in at $9.6 million in Q1 2026, up 51.89% year-on-year from $6.3 million in Q1 2025, and down 2.8% quarter-over-quarter from $9.8 million in Q4 2025.

Dave (DAVEW) Cost of Revenue (2021 - 2026) Analysis & Trends

Dave has disclosed Cost of Revenue across 6 years of filings, most recently posting $9.6 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $9.6 million, up 51.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.8 million (up 33.62% YoY), and the FY2025 annual result was $33.4 million, changed 0.41% from the prior year.
  • Cost of Revenue came in at $9.6 million for Q1 2026 at Dave, down from $9.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $18.5 million in Q1 2023 to a low of -$26.8 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $7.6 million (2022), against an average of $7.1 million.
  • Across the five-year window, Cost of Revenue jumped 197.55% in 2022 and plunged 422.13% in 2023, its largest moves.
  • Dave's Cost of Revenue stood at $8.3 million in 2022, then slumped by 422.13% to -$26.8 million in 2023, then surged by 127.83% to $7.5 million in 2024, then soared by 31.85% to $9.8 million in 2025, then decreased by 2.8% to $9.6 million in 2026.
  • The last three Cost of Revenue figures came in at $9.6 million (Q1 2026), $9.8 million (Q4 2025), and $11.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 245.77 Bn 227.80 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 173.38 Bn 170.83 Bn - 55.33 Mn
3 Salesforce 149.14 Bn 137.30 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 141.25 Bn 140.21 Bn 11.88 Bn 1.33 Bn
5 Shopify 141.09 Bn 135.35 Bn 1.55 Bn 1.62 Bn
6 ServiceNow 109.96 Bn 104.78 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 104.55 Bn 103.15 Bn 1.26 Bn 211.49 Mn
8 Adobe 95.76 Bn 88.87 Bn 5.73 Bn 1.71 Bn
9 Automatic Data Processing 93.36 Bn 90.13 Bn 2.87 Bn 3.07 Bn
10 Dave - - 148.85 Mn 9.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.56 Mn
Mar 31, 2026 9.56 Mn
Dec 31, 2025 9.84 Mn
Dec 31, 2025 9.84 Mn
Sep 30, 2025 11.25 Mn
Sep 30, 2025 11.25 Mn
Jun 30, 2025 7.17 Mn
Jun 30, 2025 7.17 Mn
Mar 31, 2025 6.29 Mn
Mar 31, 2025 6.29 Mn
Dec 31, 2024 7.46 Mn
Dec 31, 2024 7.46 Mn
Sep 30, 2024 8.40 Mn
Sep 30, 2024 8.40 Mn
Jun 30, 2024 6.15 Mn
Jun 30, 2024 6.15 Mn
Mar 31, 2024 16.92 Mn
Mar 31, 2024 16.92 Mn
Dec 31, 2023 -26.80 Mn
Dec 31, 2023 -26.80 Mn