Filing Flows › Dave & Buster's Entertainment (PLAY) › Q2 FY26
Dave & Buster's Entertainment (PLAY) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Sep 15, 2025
Dave & Buster's Entertainment (PLAY) reported revenue of $557M for the second quarter fiscal 2026 (Q2 FY26), +0.1% from a year earlier and -2% from the quarter before. Operating margin was 9.5%, net earnings $11.4M (2.0% of revenue).
Dave & Buster's Entertainment, Q2 FY26: revenue $557M (+0.1% year over year), operating margin 9.5%, net earnings $11.4M, operating cash flow $34.0M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $557M | -2% | +0.1% |
| Operating profit | $53.0M | -16% | -37% |
| Net earnings | $11.4M | -47% | -72% |
| Operating cash flow | $34.0M | -65% | -67% |
What changed
Revenue was $557.4M in Q2 FY26, roughly flat year over year and down 2% from the previous quarter. Entertainment was the largest line at 64% of revenue. Food and non-alcoholic beverages added $7.9M year over year (up 6%), 2633% of the total change. Entertainment declined 3%.
Operating profit was $53.0M, a 9.5% margin (down 5.7 points year over year). Operating profit fell $31.5M even though revenue rose $300K versus a year earlier, so costs grew faster than sales. Total costs grew 7% against flat revenue. The fastest-growing cost line was General & admin (+14%). Net earnings were $11.4M, down 72% year over year. The effective tax rate was 20.3%.
Operating cash flow was $34.0M (down 67% year over year), 298% of net earnings. Non-cash charges added back $65.2M of depreciation and amortization and $7.9M of share-based compensation. Working capital and other items used $50.5M. Capital expenditures of $89.2M exceeded it, leaving free cash flow of −$55.2M.
Questions
What was Dave & Buster's Entertainment's revenue in the second quarter fiscal 2026?
Dave & Buster's Entertainment (PLAY) reported revenue of $557M for the second quarter fiscal 2026 (Q2 FY26), +0.1% from a year earlier and -2% from the quarter before.
Was Dave & Buster's Entertainment profitable in the second quarter fiscal 2026?
Operating profit was $53.0M (9.5% of revenue) and net earnings $11.4M.