NASDAQ : PLAY
Dave & Buster's Entertainment, Inc. — Financial statements
Communication Services · Entertainment · United States
Last price 8.13 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 283.17M
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Financial statements
Dave & Buster's Entertainment, Inc. (PLAY) reported revenue of 2.08B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.08B | 2.10B | 2.13B | 2.21B | 1.96B | 1.30B |
| Cost of Revenue | 1.28B | 1.27B | 1.25B | 1.28B | 1.16B | 862.70M |
| Gross Profit | 796.90M | 837.40M | 883.40M | 928.60M | 808.70M | 441.30M |
| Selling, General & Admin | 404.60M | 412.10M | 375.10M | 385.50M | 362.20M | 107.70M |
| Other Operating Expenses | 700.00K | 3.20M | 10.90M | 9.70M | 1.00M | |
| Operating Expenses | 721.90M | 713.70M | 642.90M | 622.10M | 547.10M | 254.10M |
| Operating Income | 75.00M | 123.70M | 240.50M | 306.50M | 261.60M | 187.20M |
| Interest Expense | -154.30M | -154.60M | -135.70M | -132.10M | -88.00M | -53.90M |
| Interest & Investment Income | 900.00K | 600.00K | 400.00K | 4.70M | 600.00K | |
| Currency Exchange Gain (Loss) | 100.00K | |||||
| EBT Excluding Unusual Items | -78.40M | -30.30M | 105.20M | 179.10M | 174.30M | 133.30M |
| Merger & Restructuring Charges | -2.30M | -700.00K | -3.40M | |||
| Gain (Loss) on Sale of Assets | -19.10M | -19.10M | -12.80M | 1.80M | ||
| Asset Writedown | -16.70M | -17.80M | -3.90M | -1.70M | 800.00K | |
| Other Unusual Items | -700.00K | -15.20M | -16.10M | -1.50M | -5.60M | |
| Pretax Income | -117.20M | -67.90M | 69.90M | 163.10M | 173.60M | 127.70M |
| Income Tax Expense | -28.60M | -19.20M | 11.60M | 36.20M | 36.50M | 19.00M |
| Net Income | -88.60M | -48.70M | 58.30M | 126.90M | 137.10M | 108.70M |
| Net Income to Common | -88.60M | -48.70M | 58.30M | 126.90M | 137.10M | 108.70M |
| Shares Outstanding (Basic) | 34.78M | 34.67M | 39.07M | 43.20M | 48.49M | 48.14M |
| Shares Outstanding (Diluted) | 34.78M | 34.67M | 40.01M | 44.07M | 49.17M | 49.26M |
| EPS (Basic) | -2.55 | -1.40 | 1.49 | 2.94 | 2.83 | 2.26 |
| EPS (Diluted) | -2.55 | -1.40 | 1.46 | 2.88 | 2.79 | 2.21 |
| Free Cash Flow | -16.00M | -100.60M | -217.90M | 34.00M | 210.20M | 191.00M |
| Free Cash Flow Per Share | -0.46 | -2.90 | -5.45 | 0.77 | 4.28 | 3.88 |
| Gross Margin | 38.29% | 39.82% | 41.42% | 42.11% | 41.17% | 33.84% |
| Operating Margin | 3.60% | 5.88% | 11.28% | 13.90% | 13.32% | 14.36% |
| Profit Margin | -4.26% | -2.32% | 2.73% | 5.75% | 6.98% | 8.34% |
| Free Cash Flow Margin | -0.77% | -4.78% | -10.22% | 1.54% | 10.70% | 14.65% |
| EBITDA | 370.60M | 403.10M | 478.70M | 515.00M | 430.90M | 325.50M |
| EBITDA Margin | 17.81% | 19.17% | 22.45% | 23.35% | 21.93% | 24.96% |
| D&A For EBITDA | 295.60M | 279.40M | 238.20M | 208.50M | 169.30M | 138.30M |
| EBIT | 75.00M | 123.70M | 240.50M | 306.50M | 261.60M | 187.20M |
| EBIT Margin | 3.60% | 5.88% | 11.28% | 13.90% | 13.32% | 14.36% |
| Effective Tax Rate | 16.59% | 22.20% | 21.02% | 14.88% | ||
| Revenue as Reported | 2.08B | 2.10B | 2.13B | 2.21B | 1.96B | 1.30B |
| Advertising Expenses | 32.20M |
Balance sheet
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 16.00M | 16.60M | 6.90M | 37.30M | 181.60M | 25.91M |
| Cash & Short-Term Investments | 16.00M | 16.60M | 6.90M | 37.30M | 181.60M | 25.91M |
| Accounts Receivable | 15.60M | 19.30M | 20.10M | 21.90M | 21.70M | |
| Other Receivables | 33.80M | 35.20M | 9.10M | 22.90M | 25.50M | 64.92M |
| Receivables | 49.40M | 54.50M | 29.20M | 44.80M | 47.20M | 64.92M |
| Inventory | 39.40M | 39.90M | 39.80M | 37.20M | 45.40M | 40.32M |
| Prepaid Expenses | 23.00M | 13.10M | 18.50M | 18.20M | 19.50M | 11.32M |
| Other Current Assets | 3.10M | |||||
| Total Current Assets | 127.80M | 124.10M | 94.40M | 137.50M | 293.70M | 145.57M |
| Property, Plant & Equipment | 3.02B | 3.02B | 2.95B | 2.66B | 2.51B | 1.82B |
| Goodwill | 742.60M | 742.60M | 742.60M | 742.50M | 744.50M | 272.60M |
| Other Intangible Assets | 178.20M | 178.20M | 178.20M | 178.20M | 178.20M | 84.16M |
| Long-Term Deferred Tax Assets | 10.10M | 9.00M | 10.10M | 6.00M | 500.00K | 9.96M |
| Long-Term Deferred Charges | 3.97M | |||||
| Other Long-Term Assets | 39.20M | 40.50M | 37.50M | 34.20M | 30.30M | 13.73M |
| Total Assets | 4.12B | 4.12B | 4.02B | 3.75B | 3.76B | 2.35B |
| Accounts Payable | 124.00M | 125.50M | 134.40M | 118.60M | 84.70M | 62.49M |
| Accrued Expenses | 108.50M | 112.00M | 82.80M | 88.80M | 129.90M | 71.77M |
| Current Portion of Long-Term Debt | 7.00M | 7.00M | 7.00M | 9.00M | 8.50M | 3.82M |
| Current Portion of Leases | 90.90M | 81.00M | 77.80M | 63.10M | 64.10M | 45.45M |
| Current Income Taxes Payable | 1.10M | 1.80M | 1.80M | 2.00M | 1.90M | 529.00K |
| Current Unearned Revenue | 83.90M | 93.10M | 118.10M | 141.50M | 130.80M | 104.82M |
| Other Current Liabilities | 15.30M | 14.20M | 12.00M | 12.60M | 18.10M | 22.64M |
| Total Current Liabilities | 430.70M | 434.60M | 433.90M | 435.60M | 438.00M | 311.51M |
| Long-Term Debt | 1.92B | 1.88B | 1.74B | 1.28B | 1.22B | 431.39M |
| Long-Term Leases | 1.57B | 1.60B | 1.58B | 1.56B | 1.57B | 1.28B |
| Long-Term Deferred Tax Liabilities | 66.60M | 68.60M | 73.00M | 89.80M | 66.30M | 12.01M |
| Other Long-Term Liabilities | 47.60M | 44.40M | 45.00M | 135.30M | 55.70M | 37.87M |
| Total Liabilities | 4.03B | 4.03B | 3.87B | 3.50B | 3.35B | 2.07B |
| Common Stock | 600.00K | 600.00K | 600.00K | 600.00K | 600.00K | 616.00K |
| Additional Paid-In Capital | 632.90M | 629.50M | 609.90M | 597.60M | 577.50M | 548.78M |
| Retained Earnings | 602.00M | 608.80M | 657.50M | 599.20M | 472.30M | 335.13M |
| Treasury Stock | -1.15B | -1.15B | -1.12B | -945.30M | -639.00M | -605.43M |
| Comprehensive Income & Other | -700.00K | -1.10M | -1.60M | -900.00K | -900.00K | -3.63M |
| Shareholders' Equity | 87.90M | 91.20M | 145.80M | 251.20M | 410.50M | 275.46M |
| Total Liabilities & Equity | 4.12B | 4.12B | 4.02B | 3.75B | 3.76B | 2.35B |
| Total Debt | 3.59B | 3.57B | 3.40B | 2.91B | 2.86B | 1.76B |
| Net Cash (Debt) | -3.57B | -3.55B | -3.40B | -2.88B | -2.68B | -1.73B |
| Net Cash Per Share | -102.65 | -102.37 | -84.88 | -65.29 | -54.54 | -35.17 |
| Filing Date Shares Outstanding | 34.83M | 34.74M | 34.52M | 40.30M | 48.41M | 48.57M |
| Total Common Shares Outstanding | 34.85M | 34.75M | 35.55M | 40.27M | 48.41M | 48.49M |
| Working Capital | -302.90M | -310.50M | -339.50M | -298.10M | -144.30M | -165.94M |
| Book Value Per Share | 2.52 | 2.62 | 4.10 | 6.24 | 8.48 | 5.68 |
| Tangible Book Value | -832.90M | -829.60M | -775.00M | -669.50M | -512.20M | -81.30M |
| Tangible Book Value Per Share | -23.90 | -23.87 | -21.80 | -16.63 | -10.58 | -1.68 |
| Land | 78.50M | 71.40M | 38.70M | 26.80M | 12.30M | |
| Buildings | 1.64B | 1.49B | 86.50M | 49.90M | 42.31M | |
| Machinery | 892.80M | 816.60M | 692.60M | 573.10M | 459.71M | |
| Construction In Progress | 131.90M | 188.20M | 120.00M | 98.40M | 44.02M | |
| Leasehold Improvements | 1.21B | 1.10B | 830.46M |
Cash flow statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -88.60M | -48.70M | 58.30M | 126.90M | 137.10M | 108.70M |
| Depreciation & Amortization | 295.60M | 279.40M | 238.20M | 208.50M | 169.30M | 138.30M |
| Asset Writedown & Restructuring Costs | 17.80M | 17.80M | 3.90M | 1.70M | ||
| Stock-Based Compensation | 12.10M | 19.60M | 4.60M | 16.00M | 20.00M | 12.50M |
| Other Operating Activities | 6.20M | 14.80M | 36.00M | 51.60M | 44.80M | 11.90M |
| Change in Accounts Receivable | 8.50M | 800.00K | 1.80M | -100.00K | -9.30M | -1.90M |
| Change in Inventory | -300.00K | -100.00K | -2.60M | 8.10M | -200.00K | -16.50M |
| Change in Accounts Payable | 69.10M | 24.40M | -11.90M | -1.30M | 1.20M | 14.30M |
| Change in Income Taxes | -19.70M | -26.10M | 13.50M | 2.70M | 40.20M | 5.20M |
| Change in Other Net Operating Assets | 20.90M | 8.90M | -29.50M | -49.90M | 41.30M | 10.70M |
| Operating Cash Flow | 321.60M | 290.80M | 312.30M | 364.20M | 444.40M | 283.20M |
| Capital Expenditures | -337.60M | -391.40M | -530.20M | -330.20M | -234.20M | -92.20M |
| Sale of Property, Plant & Equipment | 400.00K | 1.10M | 1.30M | 700.00K | ||
| Cash Acquisitions | -818.70M | |||||
| Other Investing Activities | 4.50M | |||||
| Investing Cash Flow | -337.60M | -386.90M | -529.80M | -329.10M | -1.05B | -91.50M |
| Long-Term Debt Issued | 919.40M | 1.63B | 297.90M | 821.50M | 83.00M | |
| Long-Term Debt Repaid | -787.30M | -1.26B | -166.50M | -16.10M | -253.00M | |
| Lease Payments | -2.20M | -2.10M | -1.00M | |||
| Net Debt Issued (Repaid) | 22.70M | 132.10M | 370.20M | 131.40M | 805.40M | -170.00M |
| Issuance of Common Stock | 7.90M | 4.10M | 8.70M | 5.10M | ||
| Repurchase of Common Stock | -2.00M | -25.60M | -173.60M | -303.10M | -33.50M | -9.50M |
| Other Financing Activities | -700.00K | -700.00K | -17.40M | -11.80M | -17.70M | -3.30M |
| Financing Cash Flow | 20.00M | 105.80M | 187.10M | -179.40M | 762.90M | -177.70M |
| Net Cash Flow | 4.00M | 9.70M | -30.40M | -144.30M | 155.70M | 14.00M |
| Free Cash Flow | -16.00M | -100.60M | -217.90M | 34.00M | 210.20M | 191.00M |
| Free Cash Flow Margin | -0.77% | -4.78% | -10.22% | 1.54% | 10.70% | 14.65% |
| Free Cash Flow Per Share | -0.46 | -2.90 | -5.45 | 0.77 | 4.28 | 3.88 |
| Levered Free Cash Flow | -15.46M | -134.21M | -223.60M | 13.30M | 174.31M | 174.66M |
| Unlevered Free Cash Flow | 80.97M | -37.59M | -138.79M | 95.86M | 229.31M | 208.35M |
| Free Cash Flow After Leases | -18.20M | -102.70M | -218.90M | 34.00M | 210.20M | 191.00M |
| Cash Income Tax Paid | 2.50M | 10.80M | 20.10M | 9.70M | -30.40M | 21.50M |
| Change in Working Capital | 78.50M | 7.90M | -28.70M | -40.50M | 73.20M | 11.80M |
Ratios
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 296.41M | 673.84M | 1.05B | 2.22B | 2.01B | 1.71B |
| Enterprise Value | 3.87B | 4.25B | 4.32B | 5.18B | 4.77B | 3.50B |
| Last Close Price | 7.83 | 19.43 | 27.38 | 55.19 | 41.60 | 35.31 |
| PE Ratio | 18.08 | 17.48 | 14.65 | 15.73 | ||
| Forward PE | 24.44 | 10.09 | 13.57 | 12.43 | 12.66 | |
| PS Ratio | 0.14 | 0.32 | 0.49 | 1.01 | 1.02 | 1.31 |
| PB Ratio | 3.10 | 7.39 | 7.23 | 8.83 | 4.89 | 6.21 |
| P/FCF Ratio | 65.24 | 9.56 | 8.95 | |||
| P/OCF Ratio | 0.93 | 2.32 | 3.38 | 6.09 | 4.52 | 6.04 |
| PEG Ratio | 1.82 | 1.82 | 1.82 | 2.11 | 2.63 | |
| EV/Sales Ratio | 1.86 | 2.02 | 2.02 | 2.35 | 2.43 | 2.68 |
| EV/EBITDA Ratio | 10.44 | 10.54 | 9.02 | 10.06 | 11.08 | 10.74 |
| EV/EBIT Ratio | 51.61 | 34.33 | 17.96 | 16.91 | 18.25 | 18.68 |
| EV/FCF Ratio | 152.43 | 22.72 | 18.31 | |||
| Debt / Equity Ratio | 40.80 | 39.10 | 23.34 | 11.60 | 6.97 | 6.38 |
| Debt / EBITDA Ratio | 5.71 | 5.42 | 4.69 | 3.85 | 4.48 | 3.58 |
| Debt / FCF Ratio | 85.72 | 13.62 | 9.21 | |||
| Net Debt / Equity Ratio | 40.61 | 38.92 | 23.29 | 11.45 | 6.53 | 6.29 |
| Net Debt / EBITDA Ratio | 9.63 | 8.80 | 7.09 | 5.59 | 6.22 | 5.32 |
| Net Debt / FCF Ratio | -223.12 | -35.28 | -15.59 | 84.63 | 12.76 | 9.07 |
| Asset Turnover | 0.51 | 0.52 | 0.55 | 0.59 | 0.64 | 0.56 |
| Inventory Turnover | 32.72 | 31.75 | 32.45 | 30.91 | 26.96 | 26.91 |
| Quick Ratio | 0.15 | 0.16 | 0.08 | 0.19 | 0.52 | 0.29 |
| Current Ratio | 0.30 | 0.29 | 0.22 | 0.32 | 0.67 | 0.47 |
| Return on Equity (ROE) | -69.74% | -41.10% | 29.37% | 38.36% | 39.97% | 50.71% |
| Return on Assets (ROA) | 1.14% | 1.90% | 3.87% | 5.10% | 5.36% | 4.98% |
| Return on Invested Capital (ROIC) | 2.05% | 3.45% | 6.01% | 7.67% | 8.10% | 7.83% |
| Return on Capital Employed (ROCE) | 2.00% | 3.40% | 6.70% | 9.20% | 7.90% | 9.20% |
| Earnings Yield | -29.93% | -7.23% | 5.53% | 5.72% | 6.83% | 6.36% |
| FCF Yield | -5.32% | -14.93% | -20.67% | 1.53% | 10.46% | 11.17% |
| Buyback Yield / Dilution | 5.97% | 13.35% | 9.21% | 10.37% | 0.18% | -13.11% |
| Total Shareholder Return | 5.97% | 13.35% | 9.21% | 10.37% | 0.18% | -13.11% |