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Dave Inc.

DAVETechnologyNASDAQ

Software - Application · Last scanned May 29, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$554.2M
+59.7% YoY
Net Income
$195.9M
+238.4% YoY
EBITDA
$182.2M
+139.7% YoY
Free Cash Flow
$85.7M

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About Dave Inc.

Dave Inc. provides various financial products and services through its financial services platform in the United States. With a market capitalization of $3.42B, it sits in mid-cap territory. It offers Budget, personal financial management tool that helps members anticipate upcoming transactions and receive notifications by utilizing historical bank account data to identify recurring charges; ExtraCash, a form of a discretionary overdraft to bridge liquidity gaps between paycheck; Side Hustle, a job application portal to find supplemental or temporary work.

Key stats
Market Cap$3.42B
P/E (TTM)17.24
Fwd P/E13.01
EPS$15.59
Beta3.94
52W Change+33.9%
ROE111.6%
Analysis

The company holds $180.0M in cash, though total debt stands at $268.2M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $85.7M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 111.6%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 32.0% further supports the picture of efficient asset utilization. Revenue has grown from $204.8M (2022) to $554.2M (2025), reflecting a 171% increase over the period.

With a beta above 1.5, DAVE tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. No single metric tells the full story. Reviewing DAVE's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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