DAVE - NASDAQ

Dave Inc.

DAVE·NASDAQ

$249.33

+1.3%

TechnologySoftware - Application

Dave Inc. provides a suite of financial products and services through its financial service online platform. The company offers Insights, a personal financial management tool to manage income and expenses between paychecks for members; ExtraCash, a free overdraft and short-term credit alternative, which allows members to advance funds to their account and avoid a fee; and Side Hustle, a job application portal. It also provides Dave Banking, a digital checking and demand deposit account. The company was founded in 2015 and is based in West Hollywood, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$3.35B

EPS14.6500

P/E Ratio17.02

Earnings Date08/05/2026

290.02M

Operating Cash Flow

132%

3Y-746.0%

5Y-3271.0%

10Y-2754.0%

-202.75M

Investing Cash Flow

342%

3Y-29.0%

5Y-6025.0%

10Y+929.0%

-56.29M

Financing Cash Flow

-21%

3Y-117.0%

5Y-1427.0%

10Y-266.0%

Dave Inc. Cash Conversion Engine

DAVE · NASDAQ

FCF Components

Net Income195.87M

Depreciation & Amortization7.13M

Stock-Based Compensation29.90M

Change in Working Capital-18.70M

Others110.02M

Capital Expenditures-317.00K

Free Cash Flow289.71M

Cash Flow Quality Analysis

FCF Conversion Rate

147.9%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

0.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+132.0%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$18.70M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Dave Inc. Cash Flow Statement

DAVE • NASDAQ

Dave Inc. Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
OPERATING ACTIVITIES
Net Income	195.9M	57.9M	-48.5M	-128.9M	-20M	-7M	787K
Depreciation & Amortization	7.1M	7.7M	5.5M	7.1M	3.1M	1.7M	805K
Change in Deferred Taxes	-34.2M	0.0	0.0	0.0	0.0	0.0	20.2M
Stock-Based Compensation	29.9M	37.3M	26.7M	40.6M	7.4M	1.5M	446K
Other Non-Cash Items	110M	24.1M	61.2M	45.4M	863K	25.3M	-648K
Cash Taxes Paid	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(2.8M)	(0.0)
Change in Working Capital	-18.7M	-1.8M	-11.2M	-9.1M	8.2M	-30.7M	-32.5M
Cash from Operating Activities	290M	125.1M	33.8M	-44.9M	-541K	-9.1M	-10.9M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-317K	-262K	-688K	-9.3M	-371K	-231K	-2.6M
Acquisitions, Net	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(1.7M)
Purchase of Investments	-189.9M	-170.6M	-154.4M	-519.8M	-5K	-138K	-32.9M
Sale/Maturity of Investments	189.9M	243.8M	211.6M	357.8M	9.4M	7.8M	15.8M
Other Investing Items	-202.4M	-118.8M	-70.9M	-114.3M	-46.3M	-4M	-1.7M
Cash from Investing Activities	-202.7M	-45.8M	-14.4M	-285.6M	-37.2M	(3.4M)	-19.7M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-43.7M	1.3M	-12K	194.5M	0.0	0.0	-154K
Net Issuance of Debt	0.0	-71M	0.0	120M	66.1M	3.9M	-1.3M
Share Repurchases	-43.7M	(0.0)	-12K	-536K	(0.0)	(0.0)	-154K
Other Financing Items	-12.6M	-1.3M	34K	7.3M	-1M	331K	-14.3M
Cash from Financing Activities	-56.3M	-71M	22K	321.8M	65M	4.2M	33.9M
CASH FLOW SUMMARY
Net Change in Cash	31M	8.3M	19.4M	-8.7M	27.3M	-1.5M	3.2M
Cash at Beginning of Period	51.4M	43.1M	23.7M	32.4M	5.1M	6.6M	3.3M
Cash at End of Period	82.4M	51.4M	43.1M	23.7M	32.4M	5.1M	6.6M
Free Cash Flow	289.7M	124.9M	25.2M	-54.2M	-7M	-13.4M	-13.5M

SEC Filings

DAVE - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 05, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 20, 2026	April 20, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 09, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 06, 2026	March 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 03, 2026	March 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 26, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 02, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing

Showing 1 to 10 of 101 filings

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