PLAYNasdaqRetail-Eating PlacesFiscal year ends February 2
Dave & Buster's Entertainment, Inc.
Financials through Q2 FY2026, quarter ended Aug 4, 2026Last filing: 10-Q on Sep 14, 2026
$7.71+0.11 (+1.45%)
Close on Oct 19, 2026
- Market cap
- $268.39M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
85.7%+2.9 pts over 5 years
Operating margin
4.1%+62.0 pts over 5 years
Net margin
-2.3%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.4% | +2.3% | +36.9% | +9.3% | |
| Gross profit | -0.9% | +3.2% | +37.9% | +9.9% | |
| Operating income | -60.9% | -31.0% | – | -2.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | – | -41.1% | |
| Return on assets | – | – | -1.2% | |
| Current ratio | 0.43 | 0.44 | 0.29 | |
| Debt to equity | 0.60 | 3.89 | 16.69 | |
| Net debt to EBITDA | 1.02× | -5.14× | 4.12× | |
| Interest coverage | 21.5× | -6.8× | 0.6× | |
| Inventory turnover | 8.7× | 2.6× | 7.5× | |
| Capex to revenue | 18.0% | 19.0% | 18.6% | |
| Diluted shares | 43M | 44M | 35M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Dave & Buster's Entertainment generated $1.69B from operations and spent $2.10B on capital expenditure, dividends and share buybacks. 75% of that went back into the business.
Generated
$1.69B
Used
$2.10B
Capital expenditure$1.58B75%Dividends$00%Share buybacks$520.80M25%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-2.3%
×Asset turnover0.52×
×Equity multiplier34.31×
=Return on equity, FY2025-41.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -2.3% | 0.52× | 34.31× | -41.1% |
| FY2024 | 2.7% | 0.55× | 19.57× | 29.4% |
| FY2023 | 5.8% | 0.59× | 11.36× | 38.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$48.70M
- Cash generatingOperating cash flow above zero$290.80M
- Return on assets improvedROA up on the prior year1.6% → -1.2%
- Earnings backed by cashOperating cash flow above net income$290.80M vs -$48.70M
- Less leverageLong-term debt to assets fell36.8% → 36.8%
- Better liquidityCurrent ratio rose0.22 → 0.29
- No dilutionShare count did not rise40M → 35M
- Gross margin improvedGross margin up on the prior year85.26% → 85.72%
- More efficientAsset turnover rose0.57 → 0.52