🚀 VC round data is live in beta, check it out!
Dave Valuation Multiples
Discover revenue and EBITDA valuation multiples for Dave and similar public comparables like Banco Inter, Banco Invex, Bank Jago, Klarna and more.
Dave Overview
About Dave
Dave Inc is a financial services company. It is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit and finding side gigs.
Founded
2015
HQ
Employees
274
Website
Sectors
Financials (LTM)
EV
$3B
Dave Financials
Dave reported last 12-month revenue of $583M and EBITDA of $240M.
In the same LTM period, Dave generated $240M in EBITDA and $194M in net income.
Revenue (LTM)
Dave P&L
In the most recent fiscal year, Dave reported revenue of $554M and EBITDA of $227M.
Dave expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $583M | XXX | $554M | XXX | XXX | XXX |
| Gross Profit | — | XXX | $480M | XXX | XXX | XXX |
| Gross Margin | — | XXX | 87% | XXX | XXX | XXX |
| EBITDA | $240M | XXX | $227M | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBIT Margin | 34% | XXX | 34% | XXX | XXX | XXX |
| Net Profit | $194M | XXX | $196M | XXX | XXX | XXX |
| Net Margin | 33% | XXX | 35% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Dave Stock Performance
Dave has current market cap of $3B, and enterprise value of $3B.
Market Cap Evolution
Dave's stock price is $210.79.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $3B | $3B | 0.0% | XXX | XXX | XXX | $14.51 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialDave Valuation Multiples
Dave trades at 4.9x EV/Revenue multiple, and 11.8x EV/EBITDA.
EV / Revenue (LTM)
Dave Financial Valuation Multiples
As of March 20, 2026, Dave has market cap of $3B and EV of $3B.
Equity research analysts estimate Dave's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Dave has a P/E ratio of 14.7x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV (current) | $3B | XXX | $3B | XXX | XXX | XXX |
| EV/Revenue | 4.9x | XXX | 5.1x | XXX | XXX | XXX |
| EV/EBITDA | 11.8x | XXX | 12.5x | XXX | XXX | XXX |
| EV/EBIT | 14.1x | XXX | 15.2x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 5.9x | XXX | XXX | XXX |
| P/E | 14.7x | XXX | 14.5x | XXX | XXX | XXX |
| EV/FCF | 9.6x | XXX | 10.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Dave Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Dave Margins & Growth Rates
Dave's revenue in the last 12 month grew by 23%.
Dave's revenue per employee in the last FY averaged $2.1M.
Dave's rule of 40 is 64% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Dave's rule of X is 99% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Dave Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | 41% | XXX | XXX | XXX |
| EBITDA Growth | 27% | XXX | 27% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 64% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 99% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 12% | XXX | 12% | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 19% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 2% | XXX | — | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 53% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Dave Public Comps
See public comps and valuation multiples for other Neobanking comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Banco Inter | XXX | XXX | XXX | XXX | XXX | XXX |
| Banco Invex | XXX | XXX | XXX | XXX | XXX | XXX |
| Bank Jago | XXX | XXX | XXX | XXX | XXX | XXX |
| Klarna | XXX | XXX | XXX | XXX | XXX | XXX |
| NOBA Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Dave M&A Activity
Dave acquired XXX companies to date.
Last acquisition by Dave was on XXXXXXXX, XXXXX. Dave acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Dave
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialDave Investment Activity
Dave invested in XXX companies to date.
Dave made its latest investment on XXXXXXXX, XXXXX. Dave invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Dave
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Dave
| When was Dave founded? | Dave was founded in 2015. |
| Where is Dave headquartered? | Dave is headquartered in United States. |
| How many employees does Dave have? | As of today, Dave has over 274 employees. |
| Who is the CEO of Dave? | Dave's CEO is Jason Wilk. |
| Is Dave publicly listed? | Yes, Dave is a public company listed on Nasdaq. |
| What is the stock symbol of Dave? | Dave trades under DAVE ticker. |
| When did Dave go public? | Dave went public in 2022. |
| Who are competitors of Dave? | Dave main competitors are Banco Inter, Banco Invex, Bank Jago, Klarna. |
| What is the current market cap of Dave? | Dave's current market cap is $3B. |
| What is the current revenue of Dave? | Dave's last 12 months revenue is $583M. |
| What is the current revenue growth of Dave? | Dave revenue growth (NTM/LTM) is 23%. |
| What is the current EV/Revenue multiple of Dave? | Current revenue multiple of Dave is 4.9x. |
| Is Dave profitable? | Yes, Dave is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Dave? | Dave's last 12 months EBITDA is $240M. |
| What is Dave's EBITDA margin? | Dave's last 12 months EBITDA margin is 41%. |
| What is the current EV/EBITDA multiple of Dave? | Current EBITDA multiple of Dave is 11.8x. |
| What is the current FCF of Dave? | Dave's last 12 months FCF is $296M. |
| What is Dave's FCF margin? | Dave's last 12 months FCF margin is 51%. |
| What is the current EV/FCF multiple of Dave? | Current FCF multiple of Dave is 9.6x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.