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Side-by-side financial comparison of Cheer Holding, Inc. (CHR) and DENNY'S Corp (DENN). Click either name above to swap in a different company.

DENNY'S Corp is the larger business by last-quarter revenue ($113.2M vs $71.0M, roughly 1.6× Cheer Holding, Inc.). Cheer Holding, Inc. runs the higher net margin — 10.9% vs 0.6%, a 10.4% gap on every dollar of revenue. On growth, DENNY'S Corp posted the faster year-over-year revenue change (1.3% vs -0.1%).

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.

CHR vs DENN — Head-to-Head

Bigger by revenue
DENN
DENN
1.6× larger
DENN
$113.2M
$71.0M
CHR
Growing faster (revenue YoY)
DENN
DENN
+1.4% gap
DENN
1.3%
-0.1%
CHR
Higher net margin
CHR
CHR
10.4% more per $
CHR
10.9%
0.6%
DENN

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
CHR
CHR
DENN
DENN
Revenue
$71.0M
$113.2M
Net Profit
$7.8M
$632.0K
Gross Margin
70.7%
Operating Margin
11.7%
9.2%
Net Margin
10.9%
0.6%
Revenue YoY
-0.1%
1.3%
Net Profit YoY
-37.5%
-90.3%
EPS (diluted)
$0.67
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHR
CHR
DENN
DENN
Q3 25
$113.2M
Q2 25
$71.0M
$117.7M
Q1 25
$111.6M
Q4 24
$114.7M
Q3 24
$111.8M
Q2 24
$71.1M
$115.9M
Q1 24
$110.0M
Q4 23
$115.4M
Net Profit
CHR
CHR
DENN
DENN
Q3 25
$632.0K
Q2 25
$7.8M
$2.5M
Q1 25
$326.0K
Q4 24
$6.8M
Q3 24
$6.5M
Q2 24
$12.4M
$3.6M
Q1 24
$4.7M
Q4 23
$2.9M
Gross Margin
CHR
CHR
DENN
DENN
Q3 25
Q2 25
70.7%
Q1 25
Q4 24
Q3 24
Q2 24
73.4%
Q1 24
Q4 23
Operating Margin
CHR
CHR
DENN
DENN
Q3 25
9.2%
Q2 25
11.7%
7.3%
Q1 25
4.7%
Q4 24
12.6%
Q3 24
10.5%
Q2 24
16.4%
7.9%
Q1 24
9.1%
Q4 23
6.7%
Net Margin
CHR
CHR
DENN
DENN
Q3 25
0.6%
Q2 25
10.9%
2.1%
Q1 25
0.3%
Q4 24
5.9%
Q3 24
5.8%
Q2 24
17.5%
3.1%
Q1 24
4.3%
Q4 23
2.5%
EPS (diluted)
CHR
CHR
DENN
DENN
Q3 25
$0.01
Q2 25
$0.67
$0.05
Q1 25
$0.01
Q4 24
$0.13
Q3 24
$0.12
Q2 24
$1.23
$0.07
Q1 24
$0.09
Q4 23
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHR
CHR
DENN
DENN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$322.1M
$-32.7M
Total Assets
$362.7M
$502.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHR
CHR
DENN
DENN
Q3 25
Q2 25
Q1 25
$1.1M
Q4 24
$100.0K
Q3 24
$2.9M
Q2 24
$186.1M
$2.8M
Q1 24
$2.8M
Q4 23
$100.0K
Total Debt
CHR
CHR
DENN
DENN
Q3 25
Q2 25
Q1 25
Q4 24
$270.6M
Q3 24
Q2 24
Q1 24
Q4 23
$264.6M
Stockholders' Equity
CHR
CHR
DENN
DENN
Q3 25
$-32.7M
Q2 25
$322.1M
$-34.6M
Q1 25
$-36.4M
Q4 24
$-34.0M
Q3 24
$-54.5M
Q2 24
$286.1M
$-53.2M
Q1 24
$-55.7M
Q4 23
$-62.7M
Total Assets
CHR
CHR
DENN
DENN
Q3 25
$502.9M
Q2 25
$362.7M
$491.1M
Q1 25
$488.1M
Q4 24
$496.3M
Q3 24
$461.6M
Q2 24
$333.2M
$459.9M
Q1 24
$460.4M
Q4 23
$464.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHR
CHR
DENN
DENN
Operating Cash FlowLast quarter
$3.9M
$16.0M
Free Cash FlowOCF − Capex
$16.0M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
0.51×
25.28×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHR
CHR
DENN
DENN
Q3 25
$16.0M
Q2 25
$3.9M
$9.4M
Q1 25
$5.0M
Q4 24
$8.5M
Q3 24
$6.6M
Q2 24
$-6.7M
$14.2M
Q1 24
$215.0K
Q4 23
$21.4M
Free Cash Flow
CHR
CHR
DENN
DENN
Q3 25
$16.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
FCF Margin
CHR
CHR
DENN
DENN
Q3 25
14.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Capex Intensity
CHR
CHR
DENN
DENN
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Q4 23
Cash Conversion
CHR
CHR
DENN
DENN
Q3 25
25.28×
Q2 25
0.51×
3.79×
Q1 25
15.38×
Q4 24
1.26×
Q3 24
1.01×
Q2 24
-0.54×
3.97×
Q1 24
0.05×
Q4 23
7.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHR
CHR

Segment breakdown not available.

DENN
DENN

Franchisor Owned Outlet$57.4M51%
Royalty$27.7M25%
Advertising$18.6M16%
Occupancy$7.7M7%
Initial And Other Fees$1.7M1%

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