Dave Inc. Warrants (DAVEW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DAVEW SEC filings page.
Dave Inc. Warrants (DAVEW) reported $643.7M in revenue over the twelve months to Jun 30, 2026, up 48.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash conversion, not borrowing, is now the dominant mechanic: rapid scaling produces surplus cash with minimal physical reinvestment.
In FY2025, operating cash flow reached$290M against$196M of net income, showing earnings are translating into cash rather than remaining mainly accrual-based. Free cash flow nearly matched operating cash flow despite capital expenditures of only$317K ; routine equipment spending is not absorbing the cash generated, so reported investing activity largely reflects capital deployment outside ordinary capex.
Revenue expanded
Debt-to-equity fell from 0.4x in FY2024 to 0.0x in FY2025, removing borrowing as a visible source of balance-sheet expansion. The current ratio still declined from 8.1x to 3.8x, indicating that short-term cushion narrowed even as long-term leverage disappeared.
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Dave Inc. Warrants's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Dave Inc. Warrants, and counted as zero in the overall score.
Dave Inc. Warrants's revenue surged 59.7% year-over-year to $554.2M, reflecting rapid business expansion. This strong growth earns a score of 94/100.
Dave Inc. Warrants carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 90/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.83, Dave Inc. Warrants holds $3.83 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
Dave Inc. Warrants converts 52.3% of revenue into free cash flow ($289.7M). This strong cash generation earns a score of 97/100.
Not available for Dave Inc. Warrants, and counted as zero in the overall score.
Dave Inc. Warrants passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Dave Inc. Warrants generates $1.48 in operating cash flow ($290.0M OCF vs $196.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Dave Inc. Warrants generated $170.8M in revenue in Q2 2026. This represents an increase of 29.6% from the same quarter a year earlier. Against the prior quarter it is up 7.8%.
Dave Inc. Warrants reported $6.7M in net income in Q2 2026. This represents a decrease of 26.0% from the same quarter a year earlier. Against the prior quarter it is down 88.5%.
Dave Inc. Warrants earned $0.49 per diluted share (EPS) in Q2 2026. This represents a decrease of 21.0% from the same quarter a year earlier. Against the prior quarter it is down 87.8%.
Not reported for Q2 2026.
Cash & Balance Sheet
Dave Inc. Warrants generated $68.1M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 0.1% from the same quarter a year earlier. Against the prior quarter it is down 16.9%.
Dave Inc. Warrants held $209.6M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Dave Inc. Warrants's net profit margin was 3.9% in Q2 2026, showing the share of revenue converted to profit. This is down 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 32.6 percentage points.
Dave Inc. Warrants's ROE was 3.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 25.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Dave Inc. Warrants spent $19.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 89.8%.
Dave Inc. Warrants invested $232K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 82.7% from the same quarter a year earlier. Against the prior quarter it is up 1121.1%.
Not reported for Q2 2026.
DAVEW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $170.8M+29.6% | $158.4M+46.7% | $163.7M+62.4% | $150.7M+63.0% | $131.8M+64.5% | $108.0M+46.7% | $100.8M+37.9% | $92.5M+40.5% |
| Interest Expense | $2.0M+13.7% | $1.7M-1.6% | $1.7M-6.7% | $1.8M-8.9% | $1.8M-9.6% | $1.8M-20.7% | $1.8M-34.0% | $2.0M-35.8% |
| Income Tax | $8.0M+223.5% | $12.2M+141.8% | -$1.7M-350.4% | -$33.6M-9119.3% | $2.5M+238.5% | $5.1M+57.9% | $687K+615.6% | $373K+4044.4% |
| Net Income | $6.7M-26.0% | $57.9M+101.1% | $66.1M+290.2% | $92.1M+19657.9% | $9.0M+42.2% | $28.8M-15.9% | $16.9M+5670.1% | $466K+103.9% |
| EPS (Basic) | $0.53-22.1% | $4.31+96.8% | $4.89+270.5% | $6.84+17000.0% | $0.68+33.3% | $2.19-21.8% | $1.32+4300.0% | $0.04+104.0% |
| EPS (Diluted) | $0.49-21.0% | $4.02+104.1% | $4.57+290.6% | $6.34+21033.3% | $0.62+31.9% | $1.97-24.2% | $1.17+3800.0% | $0.03+103.0% |
| Diluted Shares (Avg) | 14M-6.0% | 14M-1.7% | N/A | 15M+4.3% | 15M+7.5% | 15M+11.1% | N/A | 14M+16.5% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
DAVEW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $570.8M+57.0% | $530.5M+68.1% | $487.4M+62.8% | $433.3M+59.1% | $363.6M+47.1% | $315.7M+34.0% | $299.3M+1.8% | $272.2M-7.5% |
| Current Assets | $519.1M+49.9% | $479.6M+60.5% | $436.7M+54.7% | $386.0M+51.6% | $346.4M+50.9% | $298.8M+36.8% | $282.3M+1.9% | $254.7M-8.5% |
| Cash & Equivalents | $209.6M+239.8% | $133.3M+183.7% | $80.5M+62.0% | $49.9M+42.3% | $61.7M+26.9% | $47.0M-15.3% | $49.7M+19.1% | $35.1M-19.6% |
| Short-Term Investments | $43.0M+43313.1% | $42.6M+43373.5% | $0-100.0% | $0-100.0% | $99K+4.2% | $98K-91.0% | $97K-89.8% | $96K-94.1% |
| Long-Term Investments | $0-100.0% | $0-100.0% | $0-100.0% | $37K-81.9% | $80K-67.1% | $122K-56.6% | $163K-48.7% | $204K-42.5% |
| Total Liabilities | $362.9M+147.7% | $326.7M+181.2% | $134.7M+15.9% | $141.9M+21.9% | $146.5M+39.0% | $116.2M+7.3% | $116.2M-43.8% | $116.4M-45.9% |
| Current Liabilities | $122.9M+237.6% | $124.3M+257.6% | $114.0M+225.1% | $44.4M+18.6% | $36.4M+37.6% | $34.8M+18.9% | $35.1M+36.9% | $37.4M+7.3% |
| Non-Current Liabilities | $240.0M+118.0% | $202.4M+148.6% | $20.7M-74.5% | $97.5M+23.5% | $110.1M+39.4% | $81.4M+3.0% | $81.2M-55.2% | $79.0M-56.2% |
| Long-Term Debt | N/A | N/A | $0-100.0% | $75.0M0.0% | $75.0M0.0% | $75.0M0.0% | $75.0M0.0% | $75.0M0.0% |
| Total Equity | $207.9M-4.2% | $203.8M+2.2% | $352.7M+92.6% | $291.3M+87.0% | $217.1M+53.1% | $199.5M+56.7% | $183.1M+110.3% | $155.8M+96.8% |
| Retained Earnings | $108.0M+194.3% | $101.4M+182.0% | $43.4M+128.5% | -$22.5M+86.7% | -$114.6M+32.5% | -$123.6M+29.8% | -$152.4M+27.5% | -$169.3M+19.6% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
DAVEW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $68.4M+0.2% | $82.0M+81.3% | $93.3M+123.6% | $83.2M+124.8% | $68.2M+143.3% | $45.2M+146.7% | $41.7M+166.8% | $37.0M+141.0% |
| Depreciation & Amortization | $2.1M+26.7% | $1.6M+5.7% | $2.1M-10.6% | $1.9M+2.3% | $1.6M-8.3% | $1.5M-11.4% | $2.3M+39.3% | $1.8M+27.6% |
| Stock-Based Compensation | $16.3M+96.4% | $7.1M-5.3% | N/A | $7.2M-46.3% | $8.3M+7.8% | $7.5M+23.0% | N/A | $13.4M+100.0% |
| Capital Expenditures | $232K+82.7% | $19K-48.6% | $91K+82.0% | $62K-4.6% | $127K-5.9% | $37K+208.3% | $50K+66.7% | $65K+1.6% |
| Free Cash Flow | $68.1M+0.1% | $82.0M+81.4% | $93.2M+123.7% | $83.2M+125.0% | $68.1M+144.0% | $45.2M+146.6% | $41.7M+167.0% | $37.0M+141.5% |
| Investing Cash Flow | $27.4M+151.0% | -$10.1M+63.9% | -$50.8M-89.6% | -$70.1M-38.4% | -$53.8M-55.8% | -$28.1M-142.4% | -$26.8M-54.4% | -$50.6M-144.4% |
| Financing Cash Flow | -$19.5M-4767.9% | -$19.1M+4.1% | -$11.8M-9214.2% | -$25.0M-40375.8% | $418K+192.1% | -$19.9M+71.8% | -$127K-805.6% | $62K+313.3% |
| Share Buybacks | $19.1M | $186.7M+2609.7% | $11.8M | $25.0M | $0 | $6.9M | $0 | $0 |
Not reported in any period shown, so not listed: Dividends Paid.
DAVEW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 3.9%-2.9pp | 36.6%+9.9pp | 40.4%+23.6pp | 61.1%+60.6pp | 6.9%-1.1pp | 26.7%-19.8pp | 16.8%+17.2pp | 0.5%+18.8pp |
| Return on Equity | 3.2%-0.9pp | 28.4%+14.0pp | 18.7%+9.5pp | 31.6%+31.3pp | 4.2%-0.3pp | 14.4%-12.5pp | 9.3%+9.6pp | 0.3%+15.5pp |
| Return on Assets | 1.2%-1.3pp | 10.9%+1.8pp | 13.6%+7.9pp | 21.3%+21.1pp | 2.5%-0.1pp | 9.1%-5.4pp | 5.7%+5.8pp | 0.2%+4.3pp |
| Current Ratio | 4.22-5.3x | 3.86-4.7x | 3.83-4.2x | 8.69+1.9x | 9.51+0.8x | 8.59+1.1x | 8.05-2.8x | 6.81-1.2x |
| Debt-to-Equity | 1.75+1.4x | 1.60+1.2x | 0.00-0.4x | 0.26-0.2x | 0.35-0.2x | 0.38-0.2x | 0.41-0.5x | 0.48-0.5x |
| Asset Turnover | 0.30-0.1x | 0.300.0x | 0.340.0x | 0.350.0x | 0.360.0x | 0.340.0x | 0.34+0.1x | 0.34+0.1x |
| FCF Margin | 39.9%-11.8pp | 51.8%+9.9pp | 56.9%+15.6pp | 55.2%+15.2pp | 51.7%+16.9pp | 41.9%+17.0pp | 41.3%+20.0pp | 40.0%+16.7pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Dave Inc. Warrants DAVEW | FY2025 | $554.2M | $196.0M | 35.4% | N/A | 61/100 |
| Alpha Modus Holdings, Inc. Warrant AMODW | FY2025 | $7K | N/A | N/A | N/A | — |
| Triller Group Inc. Warrant ILLRW | FY2025 | $21.6M | -$174.5M | N/A | N/A | 24/100 |
| Auddia Inc. Warrants AUUDW | FY2025 | $0 | -$7.7M | N/A | N/A | — |
Where Dave Inc. Warrants Ranks
Frequently Asked Questions
What is Dave Inc. Warrants's annual revenue?
Dave Inc. Warrants (DAVEW) reported $554.2M in total revenue for fiscal year 2025. This represents a 59.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Dave Inc. Warrants's revenue growing?
Dave Inc. Warrants (DAVEW) revenue grew by 59.7% year-over-year, from $347.1M to $554.2M in fiscal year 2025.
Is Dave Inc. Warrants profitable?
Yes, Dave Inc. Warrants (DAVEW) reported a net income of $196.0M in fiscal year 2025, with a net profit margin of 35.4%.
How much debt does Dave Inc. Warrants have?
As of fiscal year 2025, Dave Inc. Warrants (DAVEW) had $80.5M in cash and equivalents against $0 in long-term debt.
What is Dave Inc. Warrants's net profit margin?
Dave Inc. Warrants (DAVEW) had a net profit margin of 35.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Dave Inc. Warrants's return on equity (ROE)?
Dave Inc. Warrants (DAVEW) has a return on equity of 55.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Dave Inc. Warrants's free cash flow?
Dave Inc. Warrants (DAVEW) generated $289.7M in free cash flow during fiscal year 2025. This represents a 132.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Dave Inc. Warrants's operating cash flow?
Dave Inc. Warrants (DAVEW) generated $290.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Dave Inc. Warrants's total assets?
Dave Inc. Warrants (DAVEW) had $487.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Dave Inc. Warrants's capital expenditures?
Dave Inc. Warrants (DAVEW) invested $317K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Dave Inc. Warrants's current ratio?
Dave Inc. Warrants (DAVEW) had a current ratio of 3.83 as of fiscal year 2025, which is generally considered healthy.
What is Dave Inc. Warrants's debt-to-equity ratio?
Dave Inc. Warrants (DAVEW) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dave Inc. Warrants's return on assets (ROA)?
Dave Inc. Warrants (DAVEW) had a return on assets of 40.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Dave Inc. Warrants's Piotroski F-Score?
Dave Inc. Warrants (DAVEW) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dave Inc. Warrants's earnings high quality?
Dave Inc. Warrants (DAVEW) has an earnings quality ratio of 1.48x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Dave Inc. Warrants?
Dave Inc. Warrants (DAVEW) scores 61 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.