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Nasdaq · Consumer Discretionary

Dave & Buster's Entertainment, Inc. (PLAY)

As-reported financials and SEC filings for Dave & Buster's Entertainment, Inc. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Dave & Buster's Entertainment, Inc.

Dave & Buster's Entertainment, Inc. operates 243 venues across North America under the Dave & Buster's and Main Event brands, offering combined dining and entertainment experiences. Their locations feature a variety of arcade games, sports viewing on large screens, and full-service food and beverage menus, targeting both families and young adults. The company serves customers seeking a social and interactive environment for eating, playing games, and watching live sports.

Snapshot

Revenue
$2.10B
Revenue growth (YoY)
-1.4%
Net income
$-48.7M
Diluted EPS
$-1.40
Gross margin
85.7%
Operating margin
4.1%
Net margin
-2.3%
FCF margin
-4.8%
ROE
-53.4%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$327.0M
Long-term debt / equity
16.61×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended February 3, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Dave & Buster's Entertainment

  • Revenue fell 1.4% to $2.1B in FY2025, after a 3.3% decline the year before.
  • Operating margin is 4.1% in FY2025, -10.3 pp against 14.4% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $559M, down 1.5% from Q1 FY2025.
  • Free cash flow was negative $101M in FY2025.
  • Net income turned to a $49M loss in FY2025, from a $58M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Dave & Buster's Entertainment’s fundamentals sit among the 42 restaurant companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin85.7%
Highest of 9
Operating margin4.1%
46th percentile of 40
Net margin-2.3%
27th percentile of 42
FCF margin-4.8%
15th percentile of 42
Revenue growth (YoY)-1.4%
15th percentile of 42
ROE-53.4%
4th percentile of 29
Long-term debt / equity16.61×
Highest of 23
Short interest5.10d
70th percentile of 41

Dave & Buster's Entertainment’s gross margin of 85.7% is the highest of the 9 restaurant companies reporting it. Dave & Buster's Entertainment’s long-term debt to equity of 16.61 is the highest of the 23 restaurant companies reporting it. Dave & Buster's Entertainment’s return on equity of -53.4% ranks in the 4th percentile of the 29 restaurant companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$31.5M
reported long value
InvestorAs ofPosition valueSharesChange
Two Sigma InvestmentsquantQ2 2026$11.8M1.0MNew
Point72 Asset ManagementquantQ2 2026$7.8M685.3KAdded
Citadel AdvisorsquantQ2 2026$5.1M444.6KNew
D. E. ShawquantQ2 2026$4.3M373.4KAdded
AQR Capital ManagementquantQ2 2026$2.5M217.5KAdded
Millennium ManagementquantQ2 2026$180,05215.8KReduced

No longer held by: Maverick Capital (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-04-17
Klohn SteveSVP Chief Information OfficerSell7.0K$14.69$103K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
8.4M
settled 2026-08-14
Change vs prior
-14.2%
vs previous settlement
Days to cover
5.10
at avg daily volume
Avg daily volume
1.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-148.4M-14.2%5.10
2026-07-319.8M-13.5%7.91
2026-07-1511.3M-1.9%7.94
2026-06-3011.5M+7.9%4.99
2026-06-1510.7M+19.3%5.57
2026-05-299.0M-3.6%5.14
2026-05-159.3M+1.2%5.74
2026-04-309.2M+11.8%4.66

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.10B$2.13B$2.21B$1.96B$1.30B
Gross profit$1.80B$1.82B$1.85B$1.64B$1.10B
Operating income$86.1M$220.4M$306.6M$262.5M$187.2M
Net income$-48.7M$58.3M$126.9M$137.1M$108.6M
Diluted EPS$-1.40$1.46$2.88$2.79$2.21

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$16.6M$6.9M$37.3M$181.6M$25.9M
Current assets$124.1M$94.4M$137.5M$293.7M$145.6M
Total assets$4.12B$4.02B$3.75B$3.76B$2.35B
Current liabilities$434.6M$433.9M$435.6M$438.0M$311.5M
Long-term debt$1.51B$1.48B$1.28B$1.22B$431.4M
Total liabilities$4.03B$3.87B$3.50B$3.35B$2.07B
Total equity$91.2M$145.8M$251.2M$410.5M$275.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$290.8M$312.3M$364.2M$444.4M$283.2M
Capital expenditure$391.4M$530.2M$330.2M$234.2M$92.2M
Free cash flow$-100.6M$-217.9M$34.0M$210.2M$191.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$559.2M-1.5%$5.7M$0.16
Q4 FY2025$529.6M-0.9%$-39.7M$-1.14
Q3 FY2025$448.2M-1.1%$-42.1M$-1.22
Q2 FY2025$557.4M0.1%$11.4M$0.32
Q1 FY2025$567.7M-3.5%$21.7M$0.62
Q4 FY2024$534.5M-10.8%$9.3M$0.24
Q3 FY2024$453.0M$-32.7M$-0.84
Q2 FY2024$557.1M$40.3M$0.99

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryRetail-Eating Places
Latest annual periodFY2025 (ended February 3, 2026)
Latest reported quarterQ1 FY2026 (ended May 5, 2026)
Oldest indexed filing2016
SEC CIK1525769

Selected SEC filings

10-Q2026-06-15
View on EDGAR →
8-K2026-08-04
View on EDGAR →
8-K2026-06-25
View on EDGAR →
8-K2026-06-15
View on EDGAR →
8-K2026-05-01
View on EDGAR →

Largest restaurant peers

All restaurant stocksAll Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.