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Side-by-side financial comparison of Dave Inc. (DAVE) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $163.7M, roughly 1.7× Dave Inc.). Dave Inc. runs the higher net margin — 40.3% vs 15.3%, a 25.0% gap on every dollar of revenue. On growth, Dave Inc. posted the faster year-over-year revenue change (62.4% vs -29.1%). Dave Inc. produced more free cash flow last quarter ($289.7M vs $-57.2M).

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.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

DAVE vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
1.7× larger
MATW
$284.8M
$163.7M
DAVE
Growing faster (revenue YoY)
DAVE
DAVE
+91.5% gap
DAVE
62.4%
-29.1%
MATW
Higher net margin
DAVE
DAVE
25.0% more per $
DAVE
40.3%
15.3%
MATW
More free cash flow
DAVE
DAVE
$347.0M more FCF
DAVE
$289.7M
$-57.2M
MATW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DAVE
DAVE
MATW
MATW
Revenue
$163.7M
$284.8M
Net Profit
$65.9M
$43.6M
Gross Margin
35.0%
Operating Margin
39.2%
34.2%
Net Margin
40.3%
15.3%
Revenue YoY
62.4%
-29.1%
Net Profit YoY
292.4%
1356.6%
EPS (diluted)
$4.60
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DAVE
DAVE
MATW
MATW
Q4 25
$163.7M
$284.8M
Q3 25
$150.7M
Q2 25
$131.8M
Q1 25
$108.0M
Q4 24
$100.8M
Q3 24
$92.5M
Q2 24
$80.1M
Q1 24
$73.6M
Net Profit
DAVE
DAVE
MATW
MATW
Q4 25
$65.9M
$43.6M
Q3 25
$92.1M
Q2 25
$9.0M
Q1 25
$28.8M
Q4 24
$16.8M
Q3 24
$466.0K
Q2 24
$6.4M
Q1 24
$34.2M
Gross Margin
DAVE
DAVE
MATW
MATW
Q4 25
35.0%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
DAVE
DAVE
MATW
MATW
Q4 25
39.2%
34.2%
Q3 25
38.8%
Q2 25
8.7%
Q1 25
31.4%
Q4 24
17.3%
Q3 24
0.9%
Q2 24
5.7%
Q1 24
50.9%
Net Margin
DAVE
DAVE
MATW
MATW
Q4 25
40.3%
15.3%
Q3 25
61.1%
Q2 25
6.9%
Q1 25
26.7%
Q4 24
16.7%
Q3 24
0.5%
Q2 24
7.9%
Q1 24
46.5%
EPS (diluted)
DAVE
DAVE
MATW
MATW
Q4 25
$4.60
$1.39
Q3 25
$6.34
Q2 25
$0.62
Q1 25
$1.97
Q4 24
$1.09
Q3 24
$0.03
Q2 24
$0.47
Q1 24
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DAVE
DAVE
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$80.5M
$31.4M
Total DebtLower is stronger
$0
$529.8M
Stockholders' EquityBook value
$352.7M
$543.2M
Total Assets
$487.4M
$1.6B
Debt / EquityLower = less leverage
0.00×
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAVE
DAVE
MATW
MATW
Q4 25
$80.5M
$31.4M
Q3 25
$49.9M
Q2 25
$61.8M
Q1 25
$47.1M
Q4 24
$49.8M
Q3 24
$35.2M
Q2 24
$48.7M
Q1 24
$56.6M
Total Debt
DAVE
DAVE
MATW
MATW
Q4 25
$0
$529.8M
Q3 25
$75.0M
Q2 25
$75.0M
Q1 25
$75.0M
Q4 24
$75.0M
Q3 24
$75.0M
Q2 24
$75.0M
Q1 24
$75.0M
Stockholders' Equity
DAVE
DAVE
MATW
MATW
Q4 25
$352.7M
$543.2M
Q3 25
$291.3M
Q2 25
$217.1M
Q1 25
$199.5M
Q4 24
$183.1M
Q3 24
$155.8M
Q2 24
$141.8M
Q1 24
$127.3M
Total Assets
DAVE
DAVE
MATW
MATW
Q4 25
$487.4M
$1.6B
Q3 25
$433.3M
Q2 25
$363.6M
Q1 25
$315.7M
Q4 24
$299.3M
Q3 24
$272.2M
Q2 24
$247.2M
Q1 24
$235.6M
Debt / Equity
DAVE
DAVE
MATW
MATW
Q4 25
0.00×
0.98×
Q3 25
0.26×
Q2 25
0.35×
Q1 25
0.38×
Q4 24
0.41×
Q3 24
0.48×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DAVE
DAVE
MATW
MATW
Operating Cash FlowLast quarter
$290.0M
$-52.0M
Free Cash FlowOCF − Capex
$289.7M
$-57.2M
FCF MarginFCF / Revenue
177.0%
-20.1%
Capex IntensityCapex / Revenue
0.2%
1.8%
Cash ConversionOCF / Net Profit
4.40×
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$486.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAVE
DAVE
MATW
MATW
Q4 25
$290.0M
$-52.0M
Q3 25
$83.2M
Q2 25
$68.2M
Q1 25
$45.2M
Q4 24
$125.1M
Q3 24
$37.0M
Q2 24
$28.0M
Q1 24
$18.3M
Free Cash Flow
DAVE
DAVE
MATW
MATW
Q4 25
$289.7M
$-57.2M
Q3 25
$83.2M
Q2 25
$68.1M
Q1 25
$45.2M
Q4 24
$124.9M
Q3 24
$37.0M
Q2 24
$27.9M
Q1 24
$18.3M
FCF Margin
DAVE
DAVE
MATW
MATW
Q4 25
177.0%
-20.1%
Q3 25
55.2%
Q2 25
51.7%
Q1 25
41.9%
Q4 24
123.8%
Q3 24
40.0%
Q2 24
34.8%
Q1 24
24.9%
Capex Intensity
DAVE
DAVE
MATW
MATW
Q4 25
0.2%
1.8%
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.3%
Q3 24
0.1%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
DAVE
DAVE
MATW
MATW
Q4 25
4.40×
-1.19×
Q3 25
0.90×
Q2 25
7.55×
Q1 25
1.57×
Q4 24
7.45×
Q3 24
79.47×
Q2 24
4.41×
Q1 24
0.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DAVE
DAVE

Service Based Revenue$153.2M94%
Interchange Revenue Net$6.4M4%
Transaction Based Revenue Other Net$4.1M3%

MATW
MATW

Segment breakdown not available.

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