Dave (DAVEW) Invested Capital (2021 - 2026)

Dave's (DAVEW) quarterly Invested Capital came in at $403.8 million in Q1 2026, up 102.43% year-on-year from $199.5 million in Q1 2025, and down 5.6% quarter-over-quarter from $427.7 million in Q4 2025.

Dave (DAVEW) Invested Capital (2021 - 2026) Analysis & Trends

Dave has disclosed Invested Capital across 6 years of filings, most recently posting $403.8 million for Q1 2026.

  • Invested Capital for Q1 2026 came in at $403.8 million, up 102.43% year-over-year; the trailing twelve-month figure through Mar 2026 was $403.8 million (up 102.43% YoY), and the FY2025 annual result was $427.7 million, up 133.6% from the prior year.
  • Invested Capital came in at $403.8 million for Q1 2026 at Dave, down from $427.7 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $427.7 million in Q4 2025 to a low of $79.2 million in Q3 2023.
  • The 5-year median for Invested Capital is $155.8 million (2024), against an average of $183.4 million.
  • Across the five-year window, Invested Capital jumped 233.46% in 2022 and tumbled 54.1% in 2023, its largest moves.
  • Dave's Invested Capital stood at $106.6 million in 2022, then decreased by 18.3% to $87.1 million in 2023, then surged by 110.31% to $183.1 million in 2024, then jumped by 133.6% to $427.7 million in 2025, then dropped by 5.6% to $403.8 million in 2026.
  • The last three Invested Capital figures came in at $403.8 million (Q1 2026), $427.7 million (Q4 2025), and $291.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Sap Se 235.96 Bn 217.99 Bn 8.16 Bn 60.16 Bn
2 Full Truck Alliance 175.15 Bn 172.60 Bn - 5.83 Bn
3 Salesforce 144.15 Bn 132.31 Bn 8.56 Bn 73.52 Bn
4 Shopify 140.98 Bn 135.24 Bn 1.55 Bn 12.50 Bn
5 Uber Technologies 140.94 Bn 139.90 Bn 11.88 Bn 24.75 Bn
6 ServiceNow 105.94 Bn 100.75 Bn 2.83 Bn 11.73 Bn
7 Cadence Design Systems 104.65 Bn 103.24 Bn 1.26 Bn 6.99 Bn
8 Automatic Data Processing 91.31 Bn 88.08 Bn 2.87 Bn 6.35 Bn
9 Adobe 83.82 Bn 76.93 Bn 5.73 Bn 16.81 Bn
10 Dave - - 148.85 Mn 403.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 403.78 Mn
Dec 31, 2025 427.73 Mn
Sep 30, 2025 291.31 Mn
Jun 30, 2025 217.07 Mn
Mar 31, 2025 199.46 Mn
Dec 31, 2024 183.10 Mn
Sep 30, 2024 155.82 Mn
Jun 30, 2024 141.76 Mn
Mar 31, 2024 127.31 Mn
Dec 31, 2023 87.06 Mn
Sep 30, 2023 79.18 Mn
Jun 30, 2023 84.12 Mn
Mar 31, 2023 100.08 Mn
Dec 31, 2022 106.56 Mn
Sep 30, 2022 143.23 Mn
Jun 30, 2022 183.27 Mn
Mar 31, 2022 186.80 Mn
Dec 31, 2021 58.74 Mn
Sep 30, 2021 52.63 Mn
Jun 30, 2021 56.57 Mn