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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›DAVE›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Dave Inc./DE (DAVE) financials

Income statement

Dave Inc./DE (DAVE) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$153M$205M$259M$347M$554M
Revenue growth—33.9%26.5%34.0%59.7%
Operating income-$6.38M————
Operating margin-4.2%————
Net income-$20.0M-$129M-$48.5M$57.9M$196M
Net margin-13.1%-62.9%-18.7%16.7%35.3%
EPS (diluted)-$4.69-$11.12-$4.07$4.19$13.53

Cash flow

Dave Inc./DE (DAVE) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow-$541K-$44.9M$33.8M$125M$290M
Capital expenditures$371K$728K$688K$262K$317K
Free cash flow-$912K-$45.6M$33.1M$125M$290M
Share buybacks$0.00$536K$0.00$0.00$43.7M

Balance sheet

Dave Inc./DE (DAVE) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$32.0M$22.9M$41.8M$49.7M$80.5M
Total assets$147M$321M$294M$299M$487M
Total liabilities$108M$215M$207M$116M$135M
Long-term debt$35.0M$75.0M$75.0M$75.0M$0.00
Shareholders' equity$38.7M$107M$87.1M$183M$353M
Retained earnings-$32.9M-$162M-$210M-$152M$43.4M
Shares (wtd avg diluted)4.27M11.6M11.9M13.8M14.5M

Every figure is extracted from Dave Inc./DE’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Dave Inc./DE's annual revenue?
Dave Inc./DE (DAVE) reported $554M of revenue for fiscal year 2025 — up 59.7% from $347M in FY2024, per its annual report filed with the SEC.
Is Dave Inc./DE profitable?
Yes — DAVE earned $196M of net income in FY2025, a 35.3% net margin, per SEC filings.
What is Dave Inc./DE's free cash flow?
$290M in FY2025 (operating cash flow $290M minus $317K of capital expenditures), from the SEC cash-flow statement.
Does DAVE pay a dividend?
Dave Inc./DE reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DAVE analysis — verdict, score & filings →Is DAVE a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.