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Dave (DAVE) operating margin by quarter

Dave's operating margin was 37.7% in Q3 2026 (third quarter 2026), +29.1 pts from Q2 2026. Over the last 7 quarters it ranged from 8.6% (Q2 2026) to 44.3% (Q1 2026).

Dave operating margin by quarterDave operating margin by quarter31.4%Q1 20258.7%Q2 202538.8%Q3 202539.2%Q4 202544.3%Q1 20268.6%Q2 202637.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202637.7%+29.1 pts-1.1 pts
Q2 20268.6%-35.7 pts-0.1 pts
Q1 202644.3%+5.1 pts+12.9 pts
Q4 202539.2%+0.5 pts—
Q3 202538.8%+30.0 pts—
Q2 20258.7%-22.6 pts—
Q1 202531.4%——

Q3 2026 at a glance

Dave, Q3 2026: revenue $198M (+31% year over year), operating margin 37.7%, net earnings $63.8M, operating cash flow $81.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Dave's operating margin?

Dave's operating margin was 37.7% in Q3 2026 (third quarter 2026), +29.1 pts from Q2 2026.

How has Dave's operating margin changed?

Over the last 7 quarters it ranged from 8.6% (Q2 2026) to 44.3% (Q1 2026).

Q3 2026 results → · How Dave makes money →