Filing Flows › Dave & Buster's Entertainment (PLAY) › Q3 FY26
Dave & Buster's Entertainment (PLAY) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Dec 9, 2025
Dave & Buster's Entertainment (PLAY) reported revenue of $448M for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -20% from the quarter before. Operating margin was -3.6%, net loss $42.1M (9.4% of revenue).
Dave & Buster's Entertainment, Q3 FY26: revenue $448M (-1% year over year), operating margin -3.6%, net loss $42.1M, operating cash flow $58.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $448M | -20% | -1% |
| Operating profit | −$16.2M | -131% | — |
| Net earnings | −$42.1M | -469% | — |
| Operating cash flow | $58.0M | +71% | — |
What changed
Revenue was $448.2M in Q3 FY26, down 1% year over year and down 20% from the previous quarter. Entertainment was the largest line at 61% of revenue. Entertainment lost $14.9M year over year (down 5%), 310% of the total change.
Operating costs exceeded revenue by $16.2M, an operating margin of -3.6%. Total costs grew 4% against a revenue fall of 1%. The fastest-growing cost line was General & admin (+34%). The quarter ended with a net loss of $42.1M, after a profit of $11.4M the previous quarter. Net interest and other expense of $40.2M was the main reason.
Operating cash flow was $58.0M. Non-cash charges added back $63.0M of depreciation and amortization and $8.9M of share-based compensation. Working capital and other items added $28.2M. Capital expenditures of $78.6M exceeded it, leaving free cash flow of −$20.6M.
Questions
What was Dave & Buster's Entertainment's revenue in the third quarter fiscal 2026?
Dave & Buster's Entertainment (PLAY) reported revenue of $448M for the third quarter fiscal 2026 (Q3 FY26), -1% from a year earlier and -20% from the quarter before.
Was Dave & Buster's Entertainment profitable in the third quarter fiscal 2026?
Operating loss was $16.2M (-3.6% of revenue) and net loss $42.1M.