PLAY Dave & Buster's Entertainment, Inc. - Common Stock

NASDAQ · Hotels, Restaurants & Leisure · View on SEC EDGAR ↗
$10.04
Price · Aug 18, 2026
Fundamentals as of Jun 15, 2026

About Dave & Buster's Entertainment, Inc. - Common Stock Company overview from Wikipedia

Dave & Buster's Entertainment, Inc. (D&B) is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of May 2026, the company has 160 locations in the United States, three in India as well as two each in Puerto Rico, and Canada, and one each in Australia and the Philippines.

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Dave & Buster's Entertainment, Inc. (D&B) is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of May 2026, the company has 160 locations in the United States, three in India as well as two each in Puerto Rico, and Canada, and one each in Australia and the Philippines.

History

In 1982, David "Dave" Corriveau (1951–2015) and James "Buster" Corley (1951–2023) opened the first Dave & Buster’s in Dallas. Corley had previously operated a bar called "Buster's" in Little Rock, Arkansas, next door to a saloon and game parlor called first "Cash McCool's" & then "Slick Willy’s World of Entertainment", owned by Corriveau. After opening Dave & Buster's, the two operated as co-CEOs.

In 1989, Edison Brothers Stores purchased a majority of the ownership in the restaurant to finance further expansion into other cities. Dave & Buster's was spun off from Edison Brothers, and went public with Andy Newman as chairman in 1995. By 1997, the chain could be found in ten locations across the country.

D&B acquired nine Jillian's locations after Jillian's filed for Chapter 11 Bankruptcy in 2004. Seven of these Jillian's locations were rebranded with the Dave & Buster's name, while two were closed following the acquisition. The company announced on December 8, 2005, that it would be acquired by private equity firm Wellspring Capital Management.

On July 16, 2008, Dave & Buster's Holdings Inc, filed with the SEC to again become a publicly traded company. The company had set a date for the Initial public offering IPO of October 5, 2012. However, it pulled out right before it opened. In June 2010, Oak Hill Capital Partners, in partnership with the company's management team, completed its acquisition of Dave & Buster's from Wellspring Capital Management.

In October 2014, Dave & Buster's launched a second IPO, selling its 5.88 million shares at an offering price range of $16–18. The offering raised $94 million, to be used for debt repayments. Shares are traded on the NASDAQ stock exchange using the symbol PLAY.

Co-founder David Corriveau died on February 7, 2015 at his home in Dallas, Texas.

Dave & Buster's, as with all other entertainment and restaurant businesses, was affected by the COVID-19 pandemic due to restrictions on non-essential businesses. The company's same-store sales fell by 70% during fiscal year 2020. As restrictions eased, the company began to recover in fiscal year 2021, being down by 10% only. The case of Omicron variant spread still affected the business resulting in a sales decrease in the fourth quarter of 2021.

Dave & Buster's CEO Brian Jenkins retired in September 2021, with chairman Kevin Sheehan named interim CEO. On April 6, 2022, Dave & Buster's announced that it would acquire the Plano, Texas-based family entertainment center chain Main Event Entertainment from Ardent Leisure and RedBird Capital Partners for $835 million, with its CEO Chris Morris becoming the new CEO of Dave & Buster's upon the completion of the sale in June 2022.

On January 2, 2023, co-founder James "Buster" Corley died of suicide that was caused by a self-inflicted gunshot wound sustained in his home near White Rock Lake. His daughter Kate Corley said that her father had suffered a stroke four months earlier that "caused severe damage to the communication and personality part of his brain".

In 2023, the chain began to pilot a new location format known as the "store of the future", which began to expand to other locations in 2024. It focuses on new types of interactive social gaming spaces (such as electronic darts and shuffleboard tables) and updates to the bar experience (including a new self-serve beer wall in the arcade area, viewing areas with larger televisions, a 40 foot (480 in) video wall, and a "VIP watch room").

Operations

Food and drinks

Items on the Dave & Buster's menu are offered from early lunch until late night and include pastas, burgers, steaks, seafood, chicken and desserts. The menu is frequently updated to reflect current trends and guest favorites. Some locations serve Sunday brunch. Buffets are available for special events and private parties. All D&Bs offer full bar service. Dave & Buster's is more targeted towards an adult clientele than most location-based entertainment in general, with all guests under 21 required to be accompanied by a guardian and only allowed in until 10 p.m.

Games

Dave & Buster's dubbed their arcade section, which features interactive games and simulators, "Million Dollar Midway". In 1997, Dave & Buster's introduced the Power Card, a declining balance card or 'debit card' that replaces traditional tokens and tickets, and is required to activate most arcade games and can be reloaded at so called "power stations". The Power Card is intended to enable customers to activate games more easily and encourage extended play of games to increase customer spending. By replacing most coin operations, the Power Card has reduced the technical difficulties and maintenance issues associated with coin-operated equipment. In 2015, Dave & Buster's installed proximity game card readers that allow guests to simply tap on the readers to play. Since 2020, Power Cards have been able to be added to Google Pay and Apple Wallet through the DING DING DING app.

Events and sponsorships

Dave & Buster's is a corporate sponsor of the Ultimate Fighting Championship organization. There are screening rooms for every UFC pay-per-view and episode of The Ultimate Fighter. D&B also sponsors the charity Dave Bevans' Children in the fundraising event "D&B for DB's".

Prior sponsorships include a World Wrestling Entertainment match and a 2009 tour by the rock band Bowling for Soup. The WWE match took place on the July 20, 2009, edition of WWE Raw on the USA Network. It is believed to be the first match on any WWE program to have a specific sponsor associated with it.

Dave & Buster's also sponsors postgame reports of San Jose Sharks games.

International

Current

In January 2025, Dave & Busters reported that they opened the first Indian branch under a partnership with the Malpani Group in Bengaluru on December 26, 2024. A second outlet was opened in Andheri, Mumbai with a third opened in Tagore Garden, Delhi in 2026.

Dave & Busters opened its first store in the Philippines on October 11, 2025 at the Opus Mall in Bridgetowne, Quezon City, Metro Manila, under a franchising agreement with The Bistro Group.

They opened their first store in Australia on May 16, 2026 in the northern suburb of Clarkson, Western Australia in the city of Perth.

Former

The firm opened a UK restaurant in 1998 in Cribbs Causeway. Another restaurant was subsequently opened in Solihull. The UK restaurants were unsuccessful and both have since closed.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

PLAY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$10.04
Market Cap
$349M
P/E (TTM)
-7.2
EPS (TTM)
$-1.40
Revenue (TTM)
$2.10B
Div Yield
ROE
-37.8%
Debt/Equity
16.7
52W Range
$9 – $26

PLAY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $2.10B
9-point trend, +109.2%
2017-01-29 2026-02-03
EPS $-1.40
10-point trend, -166.7%
2017-01-29 2026-02-03
Free Cash Flow $-101M
9-point trend, -298.2%
2017-01-29 2026-02-03
Margins -2.3%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
PLAY
Peer Median
P/E (TTM)
5-point trend, -191.0%
-7.2
28.9
P/S (TTM)
5-point trend, -74.4%
0.2
1.3
P/B
5-point trend, +24.8%
3.8
5.0
EV / EBITDA
5-point trend, +127.2%
21.5
Price / FCF
5-point trend, -178.4%
-3.5

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
PLAY
Peer Median
Operating Margin
5-point trend, -71.5%
4.1%
Net Profit Margin
5-point trend, -127.9%
-2.3%
5.4%
ROA
5-point trend, -126.0%
-1.2%
2.7%
ROE
5-point trend, -190.9%
-37.8%
24.5%
ROIC
5-point trend, -83.0%
3.8%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
PLAY
Peer Median
Debt / Equity
5-point trend, +965.6%
16.7
1217.9
Current Ratio
5-point trend, -38.9%
0.3
0.7
Quick Ratio
5-point trend, -54.1%
0.0

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
PLAY
Peer Median
Revenue YoY
5-point trend, +61.3%
-1.4%
Revenue CAGR 3Y
5-point trend, +61.3%
2.3%
Revenue CAGR 5Y
5-point trend, +61.3%
37.0%
EPS YoY
5-point trend, -163.3%
-49.3%
Net Income YoY
5-point trend, -144.8%
-54.1%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
PLAY
Peer Median
EPS (Diluted)
5-point trend, -163.3%
$-1.40

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
PLAY
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
Jan. 9, 2020$0.1600
Oct. 10, 2019$0.1600
June 24, 2019$0.1500
March 25, 2019$0.1500
Dec. 24, 2018$0.1500
Sept. 24, 2018$0.1500

PLAY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 18 analysts
  • Strong Buy 3 16.7%
  • Buy 6 33.3%
  • Hold 9 50.0%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

7 analysts · 2026-08-17
Median target $14.00 +39.5%
Mean target $17.00 +69.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.61%
Next Report
Sep 14, 2026
Period EPS Actual EPS Est Surprise
June 30, 2026 $0.16 $0.62 -0.46%
March 31, 2026 $-1.15 $0.40 -1.6%
Dec. 31, 2025 $-1.22 $-1.03 -0.19%
Sept. 30, 2025 $0.32 $0.94 -0.62%
June 30, 2025 $0.62 $1.00 -0.38%
March 31, 2025 $0.24 $0.72 -0.48%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PLAY $708M -14.5 -1.4% -2.3% -37.8%
PRKS 11.9 -3.6% 10.1% -40.5%
FUN $1.56B -1.0 14.4% -51.6% -137.6%
PRSU $943M 42.1 23.4% 5.0% 4.1%
LUCK -71.6 4.0% -0.83% 4.2%
XPOF -5.6 -20.7% -348.8% 15.9%
PUSA
AIFA
LTH $5.88B 16.0 14.3% 12.5% 12.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 14
Annual Income Statement data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue 11-point trend, +181.6% $2.10B $2.13B $2.21B $1.96B $1.30B $437M $1.35B · $1.14B $1.01B $867M $747M
Cost of Revenue 12-point trend, +105.0% $300M $314M $353M $323M $205M $75M $233M $220M $197M $180M $163M $146M
SG&A Expense 12-point trend, +162.5% $117M $100M $114M $137M $76M $47M $69M $62M $60M $54M $54M $45M
Operating Expenses 12-point trend, +199.7% $2.02B $1.91B $1.90B $1.70B $1.12B $689M $1.21B $1.10B $974M $855M $757M $673M
Operating Income 12-point trend, +16.6% $86M $220M $307M $262M $187M $-253M $148M $161M $166M $151M $110M $74M
Interest Expense 10-point trend, +266.2% · · $127M $87M $54M $37M $21M $13M $9M $7M $11M $35M
Pretax Income 12-point trend, -690.7% $-68M $70M $163M $174M $128M $-290M $127M $148M $156M $144M $92M $11M
Income Tax 12-point trend, -597.7% $-19M $12M $36M $36M $19M $-83M $27M $31M $35M $53M $32M $4M
Net Income 7-point trend, -148.6% $-49M $58M $127M $137M $109M $-207M $100M · · · · ·
EPS (Basic) 12-point trend, -736.4% $-1.40 $1.49 $2.94 $2.83 $2.26 $-4.75 $3.00 $3.00 $2.93 $2.16 $1.46 $0.22
EPS (Diluted) 12-point trend, -766.7% $-1.40 $1.46 $2.88 $2.79 $2.21 $-4.75 $2.94 $2.93 $2.84 $2.10 $1.39 $0.21
Shares (Basic) 12-point trend, -1.8% 34,670,000 39,070,000 43,200,000 48,490,000 48,140,000 43,549,887 33,450,217 39,047,106 41,276,314 41,951,770 40,968,455 35,314,884
Shares (Diluted) 12-point trend, -6.6% 34,670,000 40,010,000 44,070,000 49,170,000 49,260,000 43,549,887 34,099,378 39,975,122 42,583,009 43,288,592 42,783,905 37,126,048
EBITDA 11-point trend, +16.6% $86M $220M $307M $263M $187M $-253M · $161M $166M $151M $110M $74M
Balance Sheet 27
Annual Balance Sheet data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents 12-point trend, -76.6% $17M $7M $37M $182M $26M $12M $25M $22M $19M $20M $25M $71M
Inventory 11-point trend, +104.3% $40M $40M $37M $45M $40M $24M $34M $27M $28M $22M $20M ·
Prepaid Expense 12-point trend, +23.1% $13M $18M $18M $20M $11M $12M $14M $21M $19M $16M $13M $11M
Other Current Assets 9-point trend, +118.7% · · · $22M $3M $1M $3M $20M $25M $12M $18M $10M
Current Assets 12-point trend, -13.2% $124M $94M $138M $294M $146M $119M $79M $91M $95M $76M $110M $143M
PP&E (Net) 12-point trend, +294.2% $1.72B $1.63B $1.33B $1.18B $779M $815M $901M $805M $726M $607M $524M $436M
PP&E (Gross) 11-point trend, +341.4% · $3.04B $2.56B $2.22B $1.69B $1.61B $1.59B $1.38B $1.20B $994M $833M $688M
Accum. Depreciation 12-point trend, +563.2% $1.67B $1.40B $1.22B $1.04B $909M $799M $687M $578M $474M $388M $309M $252M
Goodwill 12-point trend, +172.4% $743M $743M $742M $744M $273M $273M $273M $273M $273M $273M $273M $273M
Intangibles · · · · · · · · · · · $4M
Other Non-current Assets 12-point trend, +104.9% $40M $38M $34M $30M $23M $24M $20M $18M $16M $16M $18M $20M
Total Assets 12-point trend, +333.2% $4.12B $4.02B $3.75B $3.76B $2.35B $2.35B $2.37B $1.27B $1.20B $1.05B $1.00B $950M
Accounts Payable 12-point trend, +258.6% $126M $134M $119M $85M $62M $36M $65M $60M $55M $55M $43M $35M
Accrued Liabilities 12-point trend, +236.7% $300M $291M $306M $343M $248M $235M $207M $157M $135M $112M $104M $89M
Current Liabilities 12-point trend, +245.6% $435M $434M $436M $438M $312M $272M $291M $244M $208M $178M $157M $126M
Capital Leases 7-point trend, +27.9% $1.56B $1.58B $1.56B $1.57B $1.28B $1.27B $1.22B · · · · ·
Deferred Tax 12-point trend, +146.5% $69M $73M $90M $66M $12M $14M $19M $15M $10M $14M $35M $28M
Other Non-current Liabilities 12-point trend, +4755.3% $445M $309M $135M $56M $38M $50M $36M $24M $21M $17M $10M $9M
Long-term Debt 12-point trend, +261.0% $1.55B $1.52B $1.34B $1.29B $440M $610M $648M $394M $367M $265M $338M $430M
Total Debt 11-point trend, +254.8% $1.52B $1.49B $1.29B $1.23B $431M $596M · $393M $366M $264M $338M $429M
Common Stock 12-point trend, +49.3% $600.0K $600.0K $600.0K $600.0K $616.0K $605.0K $434.0K $432.0K $427.0K $425.0K $416.0K $402.0K
Retained Earnings 12-point trend, +9346.1% $609M $658M $599M $472M $335M $226M $433M $354M $248M $144M $66M $6M
Treasury Stock 11-point trend, +96334.0% $1.15B $1.12B $945M $639M $605M $596M $595M $297M $147M $15M · $1M
AOCI 8-point trend, -61.1% $-1M $-2M $-900.0K $-900.0K $-4M $-9M $-8M $-683.0K · · · ·
Stockholders' Equity 12-point trend, -64.7% $91M $146M $251M $410M $275M $153M $170M $388M $422M $439M $346M $259M
Liabilities + Equity 12-point trend, +333.2% $4.12B $4.02B $3.75B $3.76B $2.35B $2.35B $2.37B $1.27B $1.20B $1.05B $1.00B $950M
Shares Outstanding 11-point trend, -16.5% 34,750,000 63,160,000 62,860,000 62,420,000 61,560,000 60,480,000 30,603,340 37,522,085 40,102,085 42,204,587 41,618,933 ·
Cash Flow 17
Annual Cash Flow data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
D&A 12-point trend, +294.3% $279M $238M $208M $169M $138M $139M $132M $118M $103M $88M $79M $71M
Stock-based Comp 12-point trend, +786.1% $20M $5M $16M $20M $12M $7M $7M $7M $9M $6M $4M $2M
Deferred Tax 12-point trend, -85.8% $-3M $-21M $17M $28M $-8M $-3M $6M $5M $-9M $7M $8M $-2M
Amort. of Intangibles 6-point trend, -95.6% · · · · · · $61.0K $188.0K $588.0K $1M $1M $1M
Operating Cash Flow 12-point trend, +235.4% $291M $312M $364M $444M $283M $-49M $289M $338M $265M $231M $187M $87M
CapEx 12-point trend, +201.8% $391M $530M $330M $234M $92M $83M $228M $216M $220M $181M $163M $130M
Investing Cash Flow 10-point trend, -142.6% $-387M $-530M $-329M $-1.05B $-92M $-82M $-227M $-204M $-217M $-159M · ·
Net Debt Issued · · · · · $-255M · · · · · ·
Stock Issued 3-point trend, -100.0% · · · $0 $0 $182M · · · · · ·
Stock Repurchased 10-point trend, -17.1% $24M $172M $300M $25M $0 $0 $297M $149M $152M $29M · ·
Net Stock Activity 8-point trend, +17.1% $-24M $-172M $-300M $-25M · $182M · $-149M $-152M $-29M · ·
Dividends Paid 5-point trend, -100.0% · · · $0 $0 $5M $16M $12M · · · ·
Financing Cash Flow 10-point trend, +236.9% $106M $187M $-179M $763M $-178M $118M $-59M $-131M $-49M $-77M · ·
Net Change in Cash 12-point trend, -70.4% $10M $-30M $-144M $156M $14M $-13M $3M $3M $-1M $-5M $-45M $33M
Taxes Paid 12-point trend, +118.8% $11M $20M $10M $-30M $22M $-9M $27M $13M $43M $28M $8M $5M
Free Cash Flow 11-point trend, -134.1% $-101M $-218M $34M $210M $191M $-132M · $121M $45M $51M $24M $-43M
Levered FCF 9-point trend, +1.5% · · $-65M $141M $145M $-159M · $111M $38M $46M $17M $-66M
Profitability 7
Annual Profitability data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Operating Margin 9-point trend, -58.6% 4.1% 10.3% 13.9% 13.4% 14.3% · · · 14.5% 15.0% 12.7% 9.9%
Net Margin 5-point trend, -127.9% -2.3% 2.7% 5.8% 7.0% 8.3% · · · · · · ·
Pretax Margin 9-point trend, -309.7% -3.2% 3.3% 7.4% 8.8% 9.8% · · · 13.7% 14.3% 10.6% 1.5%
EBITDA Margin 9-point trend, -58.6% 4.1% 10.3% 13.9% 13.4% 14.3% · · · 14.5% 15.0% 12.7% 9.9%
ROA 5-point trend, -126.0% -1.2% 1.5% 3.4% 4.5% 4.6% · · · · · · ·
ROE 5-point trend, -190.9% -37.8% 31.3% 54.8% 35.5% 41.6% · · · · · · ·
ROIC 11-point trend, -46.4% 3.8% 11.3% 15.4% 12.6% 22.5% -24.0% · 16.3% 16.3% 13.5% 10.4% 7.1%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 11-point trend, -74.9% 0.3 0.2 0.3 0.7 0.5 0.4 · 0.4 0.5 0.4 0.7 1.1
Quick Ratio 11-point trend, -93.2% 0.0 0.0 0.1 0.4 0.1 0.0 · 0.1 0.1 0.1 0.2 0.6
Debt / Equity 11-point trend, +906.3% 16.7 10.2 5.1 3.0 1.6 3.9 · 1.0 0.9 0.6 1.0 1.7
LT Debt / Equity 11-point trend, +901.7% 16.6 10.1 5.1 3.0 1.6 3.9 · 1.0 0.8 0.6 1.0 1.7
Interest Coverage 9-point trend, +13.4% · · 2.4 3.0 3.5 -6.8 · 12.3 19.1 21.5 9.6 2.1
Efficiency 2
Annual Efficiency data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 9-point trend, -37.2% 0.5 0.5 0.6 0.6 0.6 · · · 1.0 1.0 0.9 0.8
Inventory Turnover 9-point trend, -13.5% 7.5 8.2 8.2 7.2 6.4 2.6 · 8.0 8.0 8.7 · ·
Per Share 6
Annual Per Share data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share 9-point trend, -74.8% $2.62 $4.10 $6.24 $8.48 $5.68 $3.22 · $10.34 $10.51 $10.41 · ·
Revenue / Share 9-point trend, +201.5% $60.65 $53.30 $50.04 $39.95 $26.47 · · · $26.77 $23.22 $20.26 $20.11
Cash Flow / Share 11-point trend, +259.1% $8.39 $7.81 $8.26 $9.04 $5.75 $-1.13 · $8.45 $6.22 $5.34 $4.37 $2.34
Cash / Share 9-point trend, +0.4% $0.48 $0.19 $0.93 $3.75 $0.53 $0.25 · $0.58 $0.47 $0.48 · ·
Dividend / Share Flat — no change across 2 periods · · · · · · $1 $1 · · · ·
EPS (TTM) 12-point trend, -766.7% $-1.40 $1.46 $2.88 $2.79 $2.21 $-4.75 $2.94 $2.93 $2.84 $2.10 $1.39 $0.21
Growth Rates 7
Annual Growth Rates data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 5-point trend, -100.7% -1.4% -3.3% 12.3% 50.6% 198.7% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -96.8% 2.3% 17.8% 71.6% · · · · · · · · ·
Revenue CAGR 5Y 37.0% · · · · · · · · · · ·
EPS YoY 3-point trend, -287.9% · -49.3% 3.2% 26.2% · · · · · · · ·
EPS CAGR 3Y · -12.9% · · · · · · · · · ·
Net Income YoY 3-point trend, -306.9% · -54.1% -7.4% 26.1% · · · · · · · ·
Net Income CAGR 3Y · -18.8% · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for PLAY
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM 12-point trend, +181.6% $2.10B $2.13B $2.21B $1.96B $1.30B $437M $1.35B $1.27B $1.14B $1.01B $867M $747M
Net Income TTM 11-point trend, -181.7% $-49M $58M $127M $137M $109M $-207M $100M $117M $113M $91M $60M ·
Market Cap 9-point trend, -69.4% $708M $973M $2.22B $2.01B $1.71B $1.62B · $1.93B $1.91B $2.31B · ·
Enterprise Value 9-point trend, -13.4% $2.21B $2.45B $3.48B $3.06B $2.12B $2.21B · $2.30B $2.26B $2.56B · ·
P/E 12-point trend, -110.6% -14.5 18.8 19.2 14.9 16.0 -7.2 15.0 17.5 16.8 26.1 26.1 136.9
P/S 9-point trend, -85.4% 0.3 0.5 1.0 1.0 1.3 3.7 · 1.5 1.7 2.3 · ·
P/B 9-point trend, +47.4% 7.8 6.7 8.8 4.9 6.2 10.6 · 5.0 4.5 5.3 · ·
P / Tangible Book · · · · 611.5 · · · · · · ·
P / Cash Flow 9-point trend, -75.7% 2.4 3.1 6.1 4.5 6.0 -32.9 · 5.7 7.2 10.0 · ·
P / FCF 9-point trend, -115.4% -7.0 -4.5 65.4 9.6 9.0 -12.3 · 15.9 42.7 45.6 · ·
EV / EBITDA 9-point trend, +51.3% 25.7 11.1 11.3 11.7 11.3 -8.7 · 14.3 13.6 17.0 · ·
EV / FCF 9-point trend, -143.7% -22.0 -11.3 102.3 14.6 11.1 -16.7 · 18.9 50.5 50.4 · ·
EV / Revenue 9-point trend, -58.6% 1.1 1.1 1.6 1.6 1.6 5.1 · 1.8 2.0 2.5 · ·
Dividend Yield 4-point trend, -100.0% · · · 0.00% 0.00% 0.30% · 0.60% · · · ·
Earnings Yield 12-point trend, -1041.1% -6.9% 5.3% 5.2% 6.7% 6.3% -14.0% 6.7% 5.7% 5.9% 3.8% 3.8% 0.73%
Payout Ratio · · · 0.00% · · · · · · · ·
Annual Payout 5-point trend, -100.0% · · · $0 $0 $5M $16M $12M · · · ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-02-032025-02-042024-02-042023-01-292022-01-30
Revenue $2.10B$2.13B$2.21B$1.96B$1.30B
Operating Margin % 4.1%10.3%13.9%13.4%14.3%
Net Income $-49M$58M$127M$137M$109M
Diluted EPS $-1.40$1.46$2.88$2.79$2.21
Balance Sheet
2026-02-032025-02-042024-02-042023-01-292022-01-30
Debt / Equity 16.710.25.13.01.6
Current Ratio 0.30.20.30.70.5
Quick Ratio 0.00.00.10.40.1
Cash Flow
2026-02-032025-02-042024-02-042023-01-292022-01-30
Free Cash Flow $-101M$-218M$34M$210M$191M

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Institutional owners (13F) 211 filers · $457.4M total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
43 (-8 vs prior Q) 42 (0 vs prior Q) 67 (+12 vs prior Q) 54 (-12 vs prior Q) +2.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
Hill Path Capital LP $81,159,507 7,119,255 17.74% Shares
NOMURA HOLDINGS INC $27,487,577 2,411,191 6.01% Shares
EMINENCE CAPITAL, LP $25,407,592 2,346,038 5.55% Shares
GOLDMAN SACHS GROUP INC $24,449,432 2,144,687 5.35% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $20,560,493 1,803,552 4.49% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $16,598,400 1,456,000 3.63% Shares
Wolf Hill Capital Management, LP $15,468,694 1,356,903 3.38% Shares
VANGUARD CAPITAL MANAGEMENT LLC $13,267,742 1,163,837 2.90% Shares
TWO SIGMA INVESTMENTS, LP $11,750,539 1,030,749 2.57% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $8,690,197 762,298 1.90% Shares
Point72 Asset Management, L.P. $7,812,762 685,330 1.71% Shares
MUFG Securities EMEA plc $7,501,200 658,000 1.64% Shares
CastleKnight Management LP $7,060,761 619,365 1.54% Shares
Jump Financial, LLC $6,963,120 610,800 1.52% Shares
STATE STREET CORP $6,759,345 592,925 1.48% Shares
GEODE CAPITAL MANAGEMENT, LLC $6,685,770 586,300 1.46% Shares
Engineers Gate Manager LP $6,124,696 537,254 1.34% Shares
Public Sector Pension Investment Board $6,087,600 534,000 1.33% Shares
CIBC WORLD MARKETS CORP $5,443,302 335,799 1.19% Shares
ING GROEP NV $5,141,400 451,000 1.12% Shares
Windward Management LP $5,130,000 450,000 1.12% Call option
DIMENSIONAL FUND ADVISORS LP $4,550,139 399,135 0.99% Shares
Saba Capital Management, L.P. $4,361,708 382,606 0.95% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $4,089,180 358,700 0.89% Put option
Windward Management LP $3,990,000 350,000 0.87% Shares
CenterBook Partners LP $3,815,683 334,709 0.83% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $3,803,040 333,600 0.83% Call option
Clearline Capital LP $3,626,682 318,130 0.79% Shares
TUDOR INVESTMENT CORP ET AL $3,390,919 297,449 0.74% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $3,346,755 293,575 0.73% Shares
BANK OF AMERICA CORP /DE/ $3,299,012 289,387 0.72% Shares
NATIXIS $3,243,300 284,500 0.71% Shares
NORGES BANK $3,125,880 274,200 0.68% Shares
JANE STREET GROUP, LLC $2,941,177 257,998 0.64% Shares
CAPITAL FUND MANAGEMENT S.A. $2,938,840 257,793 0.64% Shares
Nebula Research & Development LLC $2,803,997 93,218 0.61% Shares
D. E. Shaw & Co., Inc. $2,758,800 242,000 0.60% Put option
BlackRock, Inc. $2,681,234 235,196 0.59% Shares
CITADEL ADVISORS LLC $2,626,560 230,400 0.57% Call option
Walleye Capital LLC $2,545,996 223,333 0.56% Shares
Centiva Capital, LP $2,484,060 217,900 0.54% Put option
AQR CAPITAL MANAGEMENT LLC $2,372,477 208,112 0.52% Shares
WOLVERINE TRADING, LLC $2,339,568 123,200 0.51% Call option
Patient Capital Management, LLC $2,325,851 204,022 0.51% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $2,287,649 200,671 0.50% Shares
JANE STREET GROUP, LLC $2,230,980 195,700 0.49% Put option
VANGUARD FIDUCIARY TRUST CO $2,205,592 193,473 0.48% Shares
CIBC Bancorp USA Inc. $2,114,757 185,505 0.46% Shares
CIBC WORLD MARKET INC. $2,097,600 184,000 0.46% Shares
Connor, Clark & Lunn Investment Management Ltd. $2,091,387 183,455 0.46% Shares
CITADEL ADVISORS LLC $1,920,900 168,500 0.42% Put option
Shay Capital LLC $1,892,047 165,969 0.41% Shares
NATIONAL BANK OF CANADA /FI/ $1,858,200 163,000 0.41% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $1,739,264 152,567 0.38% Shares
D. E. Shaw & Co., Inc. $1,733,701 152,079 0.38% Shares
ExodusPoint Capital Management, LP $1,717,775 150,682 0.38% Shares
Schonfeld Strategic Advisors LLC $1,645,509 144,343 0.36% Shares
XTX Topco Ltd $1,532,217 134,405 0.33% Shares
Quinn Opportunity Partners LLC $1,498,017 131,405 0.33% Shares
Squarepoint Ops LLC $1,495,315 131,168 0.33% Shares
GOLDMAN SACHS GROUP INC $1,482,000 130,000 0.32% Call option
D. E. Shaw & Co., Inc. $1,447,800 127,000 0.32% Call option
WOLVERINE TRADING, LLC $1,445,139 76,100 0.32% Put option
BNP PARIBAS FINANCIAL MARKETS $1,411,753 123,838 0.31% Shares
JANE STREET GROUP, LLC $1,390,800 122,000 0.30% Call option
Numerai GP LLC $1,282,785 112,525 0.28% Shares
Kazazian Asset Management, LLC $1,281,246 112,390 0.28% Shares
Jain Global LLC $1,255,870 110,164 0.27% Shares
Campbell & CO Investment Adviser LLC $1,231,873 108,059 0.27% Shares
CITIGROUP INC $1,231,747 108,048 0.27% Shares
Trexquant Investment LP $1,134,973 99,559 0.25% Shares
GOLDMAN SACHS GROUP INC $1,117,200 98,000 0.24% Put option
Walleye Trading LLC $1,096,680 96,200 0.24% Call option
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. $1,091,778 95,770 0.24% Shares
Keeley-Teton Advisors, LLC $1,088,198 61,935 0.24% Shares
M.E. ALLISON & CO., INC. $999,780 87,700 0.22% Shares
Diametric Capital, LP $978,838 85,863 0.21% Shares
Walleye Capital LLC $907,440 79,600 0.20% Call option
Walleye Capital LLC $858,420 75,300 0.19% Put option
CITADEL ADVISORS LLC $769,728 67,520 0.17% Shares
Point72 Asset Management, L.P. $718,200 63,000 0.16% Call option
AMERICAN CENTURY COMPANIES INC $682,108 59,834 0.15% Shares
Y-Intercept (Hong Kong) Ltd $657,826 57,704 0.14% Shares
Hudson Bay Capital Management LP $558,600 49,000 0.12% Call option
WOLVERINE TRADING, LLC $553,938 29,170 0.12% Shares
Walleye Trading LLC $497,040 43,600 0.11% Put option
Quadrature Capital Ltd $495,011 43,422 0.11% Shares
Skopos Labs, Inc. $431,284 39,823 0.09% Shares
RHUMBLINE ADVISERS $419,672 36,814 0.09% Shares
ALLIANCEBERNSTEIN L.P. $368,328 34,010 0.08% Shares
Quantbot Technologies LP $358,963 31,488 0.08% Shares
HSBC HOLDINGS PLC $352,737 31,133 0.08% Shares
Bank of New York Mellon Corp $348,874 30,603 0.08% Shares
Entropy Technologies, LP $347,985 30,525 0.08% Shares
BEESE FULMER INVESTMENT MANAGEMENT, INC. $339,948 29,820 0.07% Shares
WELLS FARGO & COMPANY/MN $283,415 24,861 0.06% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $275,580 25,446 0.06% Shares
Brevan Howard Capital Management LP $269,963 23,681 0.06% Shares
AlphaQuest LLC $268,989 16,594 0.06% Shares
CAPITAL FUND MANAGEMENT S.A. $267,900 23,500 0.06% Call option

Company insiders 51 insiders · 30 officers · 15 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Tarun Lal Chief Executive Officer April 24, 2026 A 49,165 2 0 $69,690
Christopher Daniel Morris Chief Executive Officer Oct. 8, 2024 A 83,847 0 0 $0
Brian Jenkins Chief Executive Officer April 23, 2021 A 278,827 0 0 $0
Michael Quartieri Chief Financial Officer April 24, 2024 F 42,659 0 0 $0
Scott Justin Bowman SVP, Chief Financial Officer April 23, 2021 A 85,132 0 0 $0
Antonio Pineiro President, International June 2, 2026 A 88,508 0 0 $0
Margo Lynn Manning Chief Operating Officer May 6, 2022 F 134,951 0 0 $0
Dolf A Berle Pres. & COO Nov. 10, 2016 M 1 0 0 $0
Rachel Morgan Chief Legal Officer, Corp Sec June 22, 2026 A 126,050 0 0 $0
Jeremy Tucker Chief Marketing Officer June 22, 2026 A 231,092 0 0 $0
Steve Klohn SVP Chief Information Officer June 8, 2026 F 43,026 0 1 $-102,668
Kevin Fish SVP, Chief Tech & Digital Ofc June 2, 2026 A 40,823 0 0 $0
Tony Wehner Pres. Operations, Main Event June 2, 2026 A 114,883 0 0 $0
Les Lehner SVP, Chief Development Officer June 2, 2026 A 89,873 0 0 $0
Rodolfo Rodriguez Jr SVP, Chief Legal Officer April 24, 2026 A 27,366 1 0 $14,673
Humera Kassem Chief People Officer June 27, 2025 A 20,330 0 0 $0
John Mulleady Former Chief Dev Ofc June 27, 2025 A 63,090 0 0 $0
Megan Estrada Chief Marketing Officer Oct. 8, 2024 A 14,391 0 0 $0
Ashley Zickefoose SVP, Chief Marketing Officer April 24, 2023 A 24,342 0 0 $0
Randall L Jones VP Accounting and Controller Jan. 24, 2023 D 5,284 0 0 $0
Brandon Charles Coleman III SVP, Chief Marketing Officer May 13, 2022 S 32,302 0 0 $0
John Paul Hurtado SVP, Chief Information Officer May 6, 2022 F 51,270 0 0 $0
Robert William Edmund SVP, General Counsel May 6, 2022 F 58,928 0 0 $0
Michasel Joseph Metzinger VP of Accounting & Controller May 6, 2022 F 10,492 0 0 $0
Kevin Bachus SVP, Ent. & Games Strategy May 6, 2022 F 52,251 0 0 $0
John P Gleason SVP & CMO Dec. 23, 2019 M 21,325 0 0 $0
Joseph Benjamin Deprospero Vice President of Finance April 11, 2019 A 14,684 0 0 $0
Michael J Plunkett SVP of Purch & Intl Ops April 1, 2019 M 1 0 0 $0
Angelia E Pelham SVP of Human Resources April 12, 2018 A 0 0 $0
Jay L Tobin SVP, Gen Counsel & Sec April 12, 2018 A 57,824 0 0 $0
Atish Shah Director April 24, 2026 A 28,717 0 0 $0
Hamish Dodds Director June 27, 2025 A 44,216 0 0 $0
Michael J Griffith Director Dec. 13, 2024 P 54,269 0 0 $0
Jennifer Storms Director April 24, 2024 A 30,838 0 0 $0
Gail Mandel Director April 24, 2024 A 8,775 0 0 $0
Patricia H Mueller Director April 18, 2022 A 24,367 0 0 $0
Stephen M King Director May 7, 2021 M 0 0 0 $0
Jonathan S Halkyard Director April 23, 2021 A 32,979 0 0 $0
John C Hockin Director April 23, 2021 A 2,820 0 0 $0
Victor L. Crawford Director April 27, 2020 A 13,409 0 0 $0
Alan J Lacy Director April 7, 2017 A 42,877 0 0 $0
JONES DAVID A /WI Director April 12, 2016 M 3,283 0 0 $0
Aldo Rosales Aug. 10, 2026 A 104,591 0 0 $0
Cory Hatton Aug. 10, 2026 A 100,475 0 0 $0
Darin Harper Aug. 10, 2026 A 309,952 0 0 $0
Kevin M Sheehan Aug. 10, 2026 A 129,876 0 0 $0
James P. Chambers Aug. 5, 2026 A 31,408 0 0 $0
Charles Protell Aug. 5, 2026 A 784 0 0 $0
Allen R Weiss Aug. 5, 2026 A 18,835 0 0 $0
Nathaniel Lipman Aug. 5, 2026 A 18,715 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Hill Path Capital Partners LP, Hill Path Capital Partners II LP, Hill Path Capital Co-Investment Partners LP, Hill Path D Fund LP, Hill Path G Fund LP, Hill Path J Fund LP, Hill Path Capital Partners GP LLC, Hill Path Capital Partners II GP LLC, HP D GP LLC, HP G GP LLC, HP J GP LLC, Hill Path Investment Holdings LLC, Hill Path Investment Holdings II LLC, Hill Path Capital LP, Hill Path Holdings LLC, ROSS SCOTT I ×14 filings April 9, 2025 20.60% Amendment SEC
KKR Dragon Aggregator L.P., KKR Dragon Aggregator GP LLC, Powell Investors II Limited Partnership, KKR Special Situations Fund II Limited, KKR Special Situations (EEA) Fund II L.P., KKR Associates Special Situations (EEA) II Limited, KKR Associates Special Situations (Offshore) II L.P., KKR Special Situations (Offshore) II Limited, KKR Financial Holdings LLC, KKR Credit Fund Advisors LLC, KKR Credit Advisors (US) LLC, Kohlberg Kravis Roberts & Co. L.P., KKR & Co. GP LLC, KKR Holdco LLC, KKR Group Partnership L.P., KKR Group Holdings Corp., KKR & Co. Inc., KKR Management LLP, Henry R. Kravis, George R. Roberts ×6 filings March 28, 2022 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 34 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EBIT · Harbor ETF Trust 0.08% 839 NS April 30, 2026 N-PORT
IWC · iShares Trust 0.06% 92,881 SH Aug. 8, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.06% 160,761 SH Aug. 8, 2026 Daily
FNDA · SCHWAB STRATEGIC TRUST 0.05% 329,994 NS May 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.03% 29,580 NS April 30, 2026 N-PORT
AVSC · AMERICAN CENTURY ETF TRUST 0.02% 46,436 NS May 31, 2026 N-PORT
VTWG · VANGUARD SCOTTSDALE FUNDS 0.02% 29,235 SH Aug. 8, 2026 Daily
VCR · VANGUARD WORLD FUND 0.02% 105,266 SH Aug. 8, 2026 Daily
FDIS · FIDELITY COVINGTON TRUST 0.02% 28,223 NS April 30, 2026 N-PORT
IWO · iShares Trust 0.02% 249,735 SH Aug. 8, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 156,807 SH Aug. 8, 2026 Daily
RSSL · Global X Funds 0.01% 11,968 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.01% 115,577 NS April 30, 2026 N-PORT
ITWO · ProShares Trust 0.01% 1,280 NS May 31, 2026 N-PORT
IWM · iShares Trust 0.01% 695,226 SH Aug. 8, 2026 Daily
SCHA · SCHWAB STRATEGIC TRUST 0.01% 129,240 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.01% 1,001 NS May 31, 2026 N-PORT
URTY · ProShares Trust 0.00% 1,016 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.00% 3,381 NS May 31, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.00% 1,144 NS May 31, 2026 N-PORT
AVSU · AMERICAN CENTURY ETF TRUST 0.00% 656 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.00% 25 NS May 31, 2026 N-PORT
AVUS · AMERICAN CENTURY ETF TRUST 0.00% 7,691 NS May 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 2,190 NS April 30, 2026 N-PORT
IWV · iShares Trust 0.00% 9,670 SH Aug. 8, 2026 Daily
SCHB · SCHWAB STRATEGIC TRUST 0.00% 15,802 NS May 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 38,065 SH Aug. 8, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.00% 317,044 SH Aug. 8, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 818,525 SH Aug. 8, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 2,267 SH Aug. 8, 2026 Daily
EBI · RBB Fund Trust 0.00% 24 NS May 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.00% 333 NS April 30, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 594 NS April 30, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.00% 193 NS April 30, 2026 N-PORT