Filing Flows › Dine Brands Global (DIN) › Q2 2025
Dine Brands Global (DIN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Dine Brands Global (DIN) reported revenue of $231M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +7% from the quarter before. Operating margin was 8.2%, net earnings $13.8M (6.0% of revenue).
Dine Brands Global, Q2 2025: revenue $231M (+12% year over year), operating margin 8.2%, net earnings $13.8M, operating cash flow $37.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $231M | +7% | +12% |
| Gross profit | $92.2M | +2% | -7% |
| Operating profit | $18.9M | +48% | -39% |
| Net earnings | $13.8M | +69% | -40% |
| Operating cash flow | $37.0M | +129% | +71% |
| Free cash flow | $31.0M | +142% | +71% |
What changed
Revenue was $230.8M in Q2 2025, up 12% year over year and up 7% from the previous quarter. Royalties, franchise fees and other was the largest line at 44% of revenue. Company restaurant sales added $27.9M year over year (up 9346%), 114% of the total change. Proprietary product sales and other declined 13%.
Gross margin was 40.0%, down 8.2 points from a year earlier. Operating profit was $18.9M, a 8.2% margin (down 6.9 points year over year). Operating profit fell $12.3M even though revenue rose $24.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 8% against revenue growth of 12%. Net earnings were $13.8M, down 40% year over year. The effective tax rate was 27.0%.
Operating cash flow was $37.0M (up 71% year over year), 268% of net earnings. Non-cash charges added back $10.5M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $9.4M. Capital expenditures of $5.9M left free cash flow of $31.0M.
Questions
What was Dine Brands Global's revenue in the second quarter 2025?
Dine Brands Global (DIN) reported revenue of $231M for the second quarter 2025 (Q2 2025), +12% from a year earlier and +7% from the quarter before.
Was Dine Brands Global profitable in the second quarter 2025?
Operating profit was $18.9M (8.2% of revenue) and net earnings $13.8M.
Source: Dine Brands Global 10-Q on SEC EDGAR.