Dave Inc. (DAVE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 147.59M | 121.45M | 150.72M | 131.76M | 107.98M | 100.84M | 92.49M | 80.12M | 73.63M | 73.12M | 65.81M | 61.23M | 58.93M | 59.6M | 56.81M | 45.8M | 42.55M | 41.16M | 40.2M | 37.23M |
| Revenue Growth % | 36.68% | 20.44% | 62.97% | 64.46% | 46.65% | 37.91% | 40.54% | 30.84% | 24.95% | 22.68% | 15.85% | 33.69% | 38.49% | 44.8% | 41.32% | 23.04% | 23.6% | 16.1% | - | - |
| Cost of Goods Sold | 27.59M | 37.33M | 19.97M | 17.29M | 7.11M | 6.28M | 8.58M | 7.79M | 7.72M | 7.51M | 30.14M | 31.16M | 31.48M | 30.4M | 33.79M | 46.73M | 24.44M | 13.92M | 21.64M | 15.36M |
| COGS % of Revenue | 18.69% | 30.74% | 13.25% | 13.12% | 6.58% | 6.23% | 9.27% | 9.73% | 10.49% | 10.27% | 45.81% | 50.89% | 53.43% | 51.01% | 59.48% | 102.02% | 57.43% | 33.81% | 53.83% | 41.27% |
| Gross Profit | 120M | 84.12M | 130.75M | 114.47M | 100.87M | 94.56M | 83.91M | 72.32M | 65.91M | 65.61M | 35.67M | 30.07M | 27.44M | 29.2M | 23.02M | -923K | 18.11M | 27.24M | 18.56M | 21.86M |
| Gross Margin % | 81.31% | 69.26% | 86.75% | 86.88% | 93.42% | 93.77% | 90.73% | 90.27% | 89.51% | 89.73% | 54.19% | 49.11% | 46.57% | 48.99% | 40.52% | -2.02% | 42.57% | 66.19% | 46.17% | 58.73% |
| Gross Profit Growth % | 18.96% | -11.04% | 55.82% | 58.27% | 53.05% | 44.12% | 135.27% | 140.51% | 140.16% | 124.68% | 54.94% | 3357.96% | 51.5% | 7.18% | 24.02% | -104.22% | -8.62% | 14.51% | - | - |
| Operating Expenses | 98.85M | 165.25M | 84.85M | 73.38M | 65.72M | 73.56M | 81.36M | 66.65M | 60.51M | 63.83M | 46.24M | 50.99M | 39.92M | 49.1M | 60.94M | 52.09M | 40.79M | 20.62M | 34.23M | 13.22M |
| OpEx % of Revenue | 66.98% | 136.06% | 56.3% | 55.7% | 60.87% | 72.95% | 87.97% | 83.2% | 82.18% | 87.3% | 70.26% | 83.27% | 67.75% | 82.38% | 107.28% | 113.73% | 95.85% | 50.09% | 85.16% | 35.51% |
| Selling, General & Admin | 0 | 44.52M | 43.75M | 41.89M | 37.83M | 39.76M | 43.26M | 35.26M | 33.65M | 33.55M | 46.24M | 50.99M | 39.92M | 49.1M | 60.94M | 52.09M | 40.79M | 20.62M | 34.23M | 12.62M |
| SG&A % of Revenue | - | 36.66% | 29.03% | 31.79% | 35.03% | 39.43% | 46.78% | 44.01% | 45.7% | 45.89% | 70.26% | 83.27% | 67.75% | 82.38% | 107.28% | 113.73% | 95.85% | 50.09% | 85.16% | 33.9% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600K |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.61% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 21.15M | -81.13M | 45.9M | 41.08M | 35.15M | 20.99M | 2.55M | 5.67M | 5.4M | 1.77M | -10.57M | -20.92M | -12.48M | -19.9M | -37.92M | -53.02M | -22.67M | 6.63M | -15.67M | 8.65M |
| Operating Margin % | 14.33% | -66.8% | 30.45% | 31.18% | 32.55% | 20.82% | 2.76% | 7.08% | 7.33% | 2.42% | -16.07% | -34.16% | -21.18% | -33.39% | -66.76% | -115.74% | -53.28% | 16.1% | -38.98% | 23.22% |
| Operating Income Growth % | -39.83% | -486.47% | 1699.92% | 624.68% | 551.03% | 1084.04% | 124.12% | 127.1% | 143.25% | 108.91% | 72.12% | 60.55% | 44.95% | -400.38% | -141.99% | -713.17% | -549.42% | 28.22% | - | - |
| EBITDA | 21.15M | -79.04M | 47.78M | 42.7M | 36.69M | 23.34M | 4.39M | 7.43M | 7.13M | 3.45M | -9.14M | -19.7M | -11.19M | -18.4M | -34.08M | -51.34M | -21.66M | 6.69M | -14.87M | 8.69M |
| EBITDA Margin % | 14.33% | -65.08% | 31.7% | 32.41% | 33.98% | 23.14% | 4.75% | 9.28% | 9.69% | 4.72% | -13.89% | -32.17% | -18.99% | -30.87% | -59.98% | -112.08% | -50.89% | 16.26% | -36.99% | 23.35% |
| EBITDA Growth % | -42.35% | -438.71% | 988.61% | 474.34% | 414.31% | 575.59% | 148.02% | 137.74% | 163.76% | 118.77% | 73.18% | 61.63% | 48.34% | -375% | -129.14% | -690.67% | -398.42% | 28.76% | - | - |
| D&A (Non-Cash Add-back) | 0 | 2.09M | 1.88M | 1.62M | 1.54M | 2.34M | 1.84M | 1.77M | 1.73M | 1.68M | 1.44M | 1.22M | 1.29M | 1.5M | 3.85M | 1.68M | 1.02M | 66K | 800K | 45.5K |
| EBIT | 21.15M | 65.7M | 60.22M | 13.29M | 35.63M | 19.34M | 2.8M | 6.54M | 39.66M | 3.07M | -10.57M | -19.58M | -11.12M | -18.68M | -45.08M | -24.8M | -31.22M | -14.6M | -7.19M | -6.27M |
| Net Interest Income | 0 | -1.44M | -1.5M | -1.19M | -1.33M | -1.33M | -1.52M | -1.43M | -722K | -1.51M | -1.73M | -1.54M | -1.71M | -1.8M | -1.23M | -1.64M | -1.54M | -1.4M | -239K | -438K |
| Interest Income | -824K | 283K | 294K | 588K | 431K | 513K | 439K | 537K | 1.5M | 1.29M | 1.33M | 1.49M | 1.19M | 1.12M | 1.17M | 647K | 13K | 0 | 470K | 70K |
| Interest Expense | 1.73M | 1.72M | 1.79M | 1.78M | 1.76M | 1.84M | 1.96M | 1.97M | 2.22M | 2.79M | 3.06M | 3.03M | 2.9M | 2.92M | 2.4M | 2.29M | 1.55M | 1.4M | 709K | 508K |
| Other Income/Expense | 49.01M | 145.35M | 12.53M | -29.57M | -1.28M | -3.5M | -1.71M | -1.09M | 32.05M | -1.5M | -1.47M | -1.69M | -1.53M | -1.7M | -9.56M | 25.92M | -10.1M | -21.72M | 7.78M | -9.5M |
| Pretax Income | 70.16M | 64.3M | 58.43M | 11.51M | 33.87M | 17.49M | 839K | 4.58M | 37.45M | 275K | -12.04M | -22.61M | -14.02M | -21.6M | -47.48M | -27.09M | -32.77M | -15.09M | -7.89M | -851K |
| Pretax Margin % | 47.54% | 52.94% | 38.77% | 8.73% | 31.37% | 17.35% | 0.91% | 5.71% | 50.86% | 0.38% | -18.3% | -36.93% | -23.79% | -36.24% | -83.58% | -59.15% | -77.02% | -36.67% | -19.64% | -2.29% |
| Income Tax | 12.22M | -1.7M | -33.64M | 2.47M | 5.06M | 687K | 373K | -1.78M | 3.2M | 96K | 9K | 7K | 8K | -100K | 26K | 22K | 22K | 98K | -6K | 13K |
| Effective Tax Rate % | 17.42% | -2.64% | -57.58% | 21.45% | 14.93% | 3.93% | 44.46% | -38.94% | 8.55% | 34.91% | -0.07% | -0.03% | -0.06% | 0.46% | -0.05% | -0.08% | -0.07% | -0.65% | 0.08% | -1.53% |
| Net Income | 57.94M | 66M | 92.07M | 9.04M | 28.81M | 16.81M | 466K | 6.36M | 34.24M | 179K | -12.05M | -22.62M | -14.03M | -21.5M | -47.5M | -27.11M | -32.8M | -15.19M | -7.89M | -864K |
| Net Margin % | 39.26% | 54.34% | 61.09% | 6.86% | 26.68% | 16.67% | 0.5% | 7.94% | 46.51% | 0.24% | -18.31% | -36.94% | -23.8% | -36.07% | -83.62% | -59.2% | -77.07% | -36.91% | -19.63% | -2.32% |
| Net Income Growth % | 101.08% | 292.72% | 19657.94% | 42.18% | -15.86% | 9288.83% | 103.87% | 128.11% | 344.16% | 100.83% | 74.63% | 16.58% | 57.23% | -41.52% | -502.15% | -3038.31% | -929.83% | 56.11% | - | - |
| Net Income (Continuing) | 57.94M | 66M | 92.07M | 9.04M | 28.81M | 16.81M | 466K | 6.36M | 34.24M | 179K | -12.05M | -22.62M | -14.03M | -21.5M | -47.5M | -27.11M | -32.8M | -15.19M | -7.89M | -864K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 4.02 | 4.57 | 6.34 | 0.62 | 1.97 | 1.22 | 0.03 | 0.47 | 2.60 | 0.01 | -1.01 | -1.90 | -1.18 | -1.82 | -4.04 | -2.33 | -3.00 | -1.31 | -0.68 | -0.07 |
| EPS Growth % | 104.06% | 274.59% | 18882.04% | 31.91% | -24.23% | 8431.47% | 103.31% | 124.74% | 320.34% | 100.79% | 75% | 18.45% | 60.67% | -38.93% | -494.12% | -3035.94% | - | -0.77% | - | - |
| EPS (Basic) | 4.31 | 4.88 | 6.84 | 0.68 | 2.19 | 1.34 | 0.04 | 0.51 | 2.80 | 0.01 | -1.01 | -1.90 | -1.18 | -1.82 | -4.04 | -2.33 | -3.00 | -1.31 | -0.68 | -0.07 |
| Diluted Shares Outstanding | 14.4M | 14.44M | 14.53M | 14.55M | 14.65M | 14.43M | 13.93M | 13.54M | 13.15M | 12.54M | 11.96M | 11.88M | 11.87M | 11.8M | 11.76M | 11.64M | 11.6M | 11.63M | 11.63M | 11.63M |
| Basic Shares Outstanding | 13.43M | 13.51M | 13.46M | 13.36M | 13.13M | 12.75M | 12.64M | 12.42M | 12.21M | 12.07M | 11.96M | 11.88M | 11.87M | 11.8M | 11.76M | 11.64M | 11.6M | 11.63M | 11.63M | 11.63M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |