Dave Inc.DAVEEarnings & Financial Report
Dave & Buster's Entertainment, Inc. is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of February 2024, the company has 158 locations in the United States, as well as two in Puerto Rico and two in Canada.
DAVE Q4 FY2025 Key Financial Metrics
Revenue
$163.7M
Gross Profit
N/A
Operating Profit
$64.2M
Net Profit
$65.9M
Gross Margin
N/A
Operating Margin
39.2%
Net Margin
40.3%
YoY Growth
62.4%
EPS
$4.60
Dave Inc. Q4 FY2025 Financial Summary
Dave Inc. reported revenue of $163.7M (up 62.4% YoY) for Q4 FY2025, with a net profit of $65.9M (up 292.4% YoY) (40.3% margin).
Key Financial Metrics
| Total Revenue | $163.7M |
|---|---|
| Net Profit | $65.9M |
| Gross Margin | N/A |
| Operating Margin | 39.2% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Dave Inc. Q4 FY2025 revenue of $163.7M breaks down across 3 segments, led by Service Based Revenue at $153.2M (93.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Service Based Revenue | $153.2M | 93.6% |
| Interchange Revenue Net | $6.4M | 3.9% |
| Transaction Based Revenue Other Net | $4.1M | 2.5% |
Dave Inc. Revenue by Segment — Quarterly Trend
Dave Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Service Based Revenue and Interchange Revenue Net) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Service Based Revenue | $153.2M | — | — | — |
| Interchange Revenue Net | $6.4M | $6.1M | $6.0M | $5.9M |
| Transaction Based Revenue Other Net | $4.1M | $4.7M | $3.4M | — |
Dave Inc. Annual Revenue by Year
Dave Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $554.2M).
Dave Inc. Quarterly Revenue & Net Profit History
Dave Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $163.7M | +62.4% | $65.9M | 40.3% |
| Q3 FY2025 | $150.7M | +63.0% | $92.1M | 61.1% |
| Q2 FY2025 | $131.8M | +64.5% | $9.0M | 6.9% |
| Q1 FY2025 | $108.0M | +46.7% | $28.8M | 26.7% |
| Q4 FY2024 | $100.8M | +37.9% | $16.8M | 16.7% |
| Q3 FY2024 | $92.5M | +40.5% | $466.0K | 0.5% |
| Q2 FY2024 | $80.1M | +30.8% | $6.4M | 7.9% |
| Q1 FY2024 | $73.6M | +24.9% | $34.2M | 46.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $73.6M | $80.1M | $92.5M | $100.8M | $108.0M | $131.8M | $150.7M | $163.7M |
| YoY Growth | 24.9% | 30.8% | 40.5% | 37.9% | 46.7% | 64.5% | 63.0% | 62.4% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $235.6M | $247.2M | $272.2M | $299.3M | $315.7M | $363.6M | $433.3M | $487.4M |
| Liabilities | $108.3M | $105.4M | $116.4M | $116.2M | $116.2M | $146.5M | $141.9M | $134.7M |
| Equity | $127.3M | $141.8M | $155.8M | $183.1M | $199.5M | $217.1M | $291.3M | $352.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.3M | $28.0M | $37.0M | $125.1M | $45.2M | $68.2M | $83.2M | $290.0M |