
Dave Inc
NASDAQ:DAVE

Operating Margin
Dave Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
US |
![]() |
Dave Inc
NASDAQ:DAVE
|
3.7B USD |
17%
|
|
DE |
![]() |
SAP SE
XETRA:SAP
|
298.1B EUR |
26%
|
|
US |
![]() |
Palantir Technologies Inc
NYSE:PLTR
|
315.1B USD |
13%
|
|
US |
![]() |
Salesforce Inc
NYSE:CRM
|
261.1B USD |
21%
|
|
US |
![]() |
Intuit Inc
NASDAQ:INTU
|
217.9B USD |
26%
|
|
US |
N
|
NCR Corp
LSE:0K45
|
175.1B USD |
1%
|
|
US |
![]() |
Adobe Inc
NASDAQ:ADBE
|
161.6B USD |
36%
|
|
US |
![]() |
Applovin Corp
NASDAQ:APP
|
115.6B USD |
46%
|
|
US |
![]() |
Microstrategy Inc
NASDAQ:MSTR
|
107.5B USD |
-14%
|
|
US |
![]() |
Cadence Design Systems Inc
NASDAQ:CDNS
|
89.2B USD |
31%
|
|
US |
![]() |
Synopsys Inc
NASDAQ:SNPS
|
85.1B USD |
21%
|
Dave Inc
Glance View
Dave Inc., launched with a mission to disrupt traditional banking, has carved out its niche by targeting a demographic often overlooked by established financial institutions: people living paycheck to paycheck. The company recognized that many individuals are burdened by hefty overdraft fees, essentially a hidden tax on those least able to shoulder it. Dave's platform offers a simple solution: a mobile banking app designed to help users avoid overdraft fees, build their credit, and manage their finances effectively. Leveraging technology, the company provides features like budgeting tools, notifications about upcoming charges, and the ability to predict account balances. By charging a nominal subscription fee instead of banking fees, Dave levels the playing field for its users. Dave's revenue model is multifaceted, yet straightforward. It draws income primarily from its subscription model, charging users a small monthly fee for access to its premium services, which include more detailed personal finance tools and higher advance limits. Additionally, through partnerships with established banks, Dave introduces its users to financial products like small cash advances—called the "ExtraCash" feature—offered without interest, provided the advance is repaid on time. By positioning itself as a financial sidekick to its users, Dave not only generates revenue from these partnerships but also garners interchange fees from debit card transactions facilitated through its platform. This innovative approach weaves Dave into the daily fabric of its users' financial lives, creating a model where its success is symbiotically linked to the financial wellness of its customers.

See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Dave Inc's most recent financial statements, the company has Operating Margin of 16.9%.