Dave Inc. (DAVE) Stock

Dave Inc. (DAVE) is a Financials stock trading at $335.31 (as of 2026-08-20), with a market capitalization of $4.59B and a trailing P/E of 20.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Dave Inc. offers financial products through an online platform, including Insights for tracking income and expenses between paychecks, ExtraCash for overdraft and short-term credit, and Side Hustle as a job application portal. It also provides Dave Banking, a digital checking and demand deposit account.

Understand Dave Inc.: how it makes money

Dave Inc. runs an online personal finance platform that offers financial management (Insights), a short-term credit and overdraft alternative (ExtraCash), a job portal (Side Hustle), and a digital checking account (Dave Banking), and it makes money through primarily service-based operating revenue, plus smaller transaction-based revenue.

Dave's profit engine is that most of its operating revenue is service-based, with transaction-based revenue playing a much smaller role.

Revenue by segment (latest quarter)
Service$0.1B
Transaction$0.0B
Other$0.0B

Business quality (Exceptional): Clear product set, revenue is presented in service-based and transaction-based categories, but there is limited detail here on what specific products drive each revenue bucket.

Valuation: At 18× earnings, DAVE trades 46% above the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Multiple customer-facing products feed operating revenue: Dave offers Insights, ExtraCash, Side Hustle, and Dave Banking through its online platform.
  • High operating profitability in the latest period: Operating margin for the period ended 2026-03-31 is 44.3%.

Bear case

  • Revenue concentration in one category: Service-based revenue is the dominant portion of operating revenue, while transaction revenue is comparatively small.
  • ExtraCash credit offering raises performance and compliance sensitivities: Because ExtraCash is a short-term credit alternative, results can be influenced by credit performance and regulatory requirements.
Valuation — source: SEC EDGAR (first-party)
Price$335.31
Market Cap$4.59B
P/E Ratio20.6
EV / EBITDA20.3
Price / Book22.06
Price / Sales7.13
FCF Yield7.1%
DCF Value (model)$260.97
DCF Upside vs Price-22.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$554.18M
Net Margin35.3%
Revenue Growth (YoY)29.6%
EPS Growth (YoY)-22.1%
FCF Growth (YoY)0.1%
Financial Health — source: SEC EDGAR
Altman Z-Score24.82 (safe)
Valuation vs Sector & Industry
Stock P/E20.6
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector36.1%
vs Industry59.5%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderHood River Capital Management LLC ($199.49M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOJason Wilk
Employees274
CountryUS
IPO Date2021-04-26

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DAVE earnings history · DAVE institutional & insider holders · DAVE KPIs & operating metrics · DAVE financials · DAVE investor presentations & press releases · DAVE SEC filings · DAVE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.