Dave Inc./DE (DAVEW) Financial Statements (2026 and earlier)

Company Profile

Business Address 1265 SOUTH COCHRAN AVENUE
LOS ANGELES, CA 90019
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6199 - Finance Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments121,31190,288155,937191,96380
Cash and cash equivalent80,52349,71841,75922,88980
Short-term investments40,78840,570114,178169,074 
Receivables297,307175,857112,846104,183 
Prepaid expense  148831750
Other current assets     
Other undisclosed current assets18,07816,1277,95511,591 
Total current assets:436,696282,272276,886308,568830
Noncurrent Assets
Operating lease, right-of-use asset195507773735 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization4747041,1181,026 
Long-term investments and receivables  16331875 
Long-term investments  16331875 
Intangible asset, including goodwill, after accumulated amortization13,67013,64213,20610,163 
Intangible asset, excluding goodwill, after accumulated amortization13,67013,64213,20610,163 
Asset, held-in-trust     253,789
Restricted cash and investments1,8411,6591,319788 
Deferred income tax assets34,185    
Other noncurrent assets357380403137 
Total noncurrent assets:50,72217,05517,13712,924253,789
TOTAL ASSETS:487,418299,327294,023321,492254,619
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23,05623,47418,11122,3835,036
Accounts payable8,3586,7675,48511,418 
Accrued liabilities14,69816,70712,62610,9655,036
Debt75,000 00 
Other liabilities8,0404,1323,8654,311 
Other undisclosed current liabilities7,9017,4553,6289,723 
Total current liabilities:113,99735,06125,60436,4175,036
Noncurrent Liabilities
Long-term debt and lease obligation 75,00075,00075,000 
Long-term debt, excluding current maturities 75,00075,00075,000 
Liabilities, other than long-term debt4,6173,2376726748,882
Deferred compensation liability, classified     8,882
Other liabilities4,4763,033129124 
Operating lease, liability141204543550 
Other undisclosed noncurrent liabilities16,0772,928105,684102,84116,306
Total noncurrent liabilities:20,69481,165181,356178,51525,188
Total liabilities:134,691116,226206,960214,93230,224
Equity
Equity, attributable to parent, including:352,727183,10187,063106,560(29,372)
Treasury stock, value(43,730)    
Additional paid in capital352,664335,326296,733270,037 
Accumulated other comprehensive income3742216491,675 
Retained earnings (accumulated deficit)43,418(152,447)(210,320)(161,803)(29,372)
Other undisclosed equity, attributable to parent111(3,349)1
Other undisclosed equity     253,766
Total equity:352,727183,10187,063106,560224,394
TOTAL LIABILITIES AND EQUITY:487,418299,327294,023321,492254,619

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenues554,182347,076259,093204,838 
Cost of revenue
(Provision for Loan, Lease, and Other Losses)		    (66,266) 
Gross profit:554,182347,076259,093138,572 
Operating expenses(367,559)(312,465)(301,293)(339,233) 
Other undisclosed operating loss     (6,377)
Operating income (loss):186,62334,611(42,200)(200,661)(6,377)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		(18,596)25,743(6,197)5,4221,107
Interest and debt expense  33,442(11,774)4,290 
Income (loss) from continuing operations before equity method investments, income taxes:168,02793,796(60,171)(190,949)(5,270)
Other undisclosed income (loss) from continuing operations before income taxes  (33,442)11,77461,976 
Income (loss) from continuing operations before income taxes:168,02760,354(48,397)(128,973)(5,270)
Income tax expense (benefit)27,838(2,481)(120)67 
Income (loss) from continuing operations:195,86557,873(48,517)(128,906)(5,270)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(5,270)
Net income (loss) attributable to parent:195,86557,873(48,517)(128,906)(5,270)
Preferred stock dividends and other adjustments     24,127
Net income (loss) available to common stockholders, diluted:195,86557,873(48,517)(128,906)18,857

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Net income (loss):195,86557,873(48,517)(128,906)(5,270)
Comprehensive income (loss):195,86557,873(48,517)(128,906)(5,270)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent153(428)2,324(1,675) 
Comprehensive income (loss), net of tax, attributable to parent:196,01857,445(46,193)(130,581)(5,270)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: