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Side-by-side financial comparison of Claritev Corp (CTEV) and Dave & Buster's Entertainment, Inc. (PLAY). Click either name above to swap in a different company.

Dave & Buster's Entertainment, Inc. is the larger business by last-quarter revenue ($448.2M vs $246.6M, roughly 1.8× Claritev Corp). Dave & Buster's Entertainment, Inc. runs the higher net margin — -9.4% vs -32.7%, a 23.3% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -1.1%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-20.6M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -13.5%).

Dave & Buster's Entertainment, Inc. 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 February 2024, the company has 158 locations in the United States, as well as two in Puerto Rico and two in Canada.

CTEV vs PLAY — Head-to-Head

Bigger by revenue
PLAY
PLAY
1.8× larger
PLAY
$448.2M
$246.6M
CTEV
Growing faster (revenue YoY)
CTEV
CTEV
+7.3% gap
CTEV
6.2%
-1.1%
PLAY
Higher net margin
PLAY
PLAY
23.3% more per $
PLAY
-9.4%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$57.0M more FCF
CTEV
$36.4M
$-20.6M
PLAY
Faster 2-yr revenue CAGR
CTEV
CTEV
Annualised
CTEV
2.5%
-13.5%
PLAY

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CTEV
CTEV
PLAY
PLAY
Revenue
$246.6M
$448.2M
Net Profit
$-80.6M
$-42.1M
Gross Margin
85.8%
Operating Margin
-3.1%
-3.6%
Net Margin
-32.7%
-9.4%
Revenue YoY
6.2%
-1.1%
Net Profit YoY
41.6%
-28.7%
EPS (diluted)
$-4.88
$-1.22

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
CTEV
CTEV
PLAY
PLAY
Q4 25
$246.6M
$448.2M
Q3 25
$246.0M
$557.4M
Q2 25
$241.6M
$567.7M
Q1 25
$231.3M
$534.5M
Q4 24
$232.1M
$453.0M
Q3 24
$230.5M
$557.1M
Q2 24
$233.5M
$588.1M
Q1 24
$234.5M
$599.0M
Net Profit
CTEV
CTEV
PLAY
PLAY
Q4 25
$-80.6M
$-42.1M
Q3 25
$-69.8M
$11.4M
Q2 25
$-62.6M
$21.7M
Q1 25
$-71.3M
$9.3M
Q4 24
$-138.0M
$-32.7M
Q3 24
$-391.4M
$40.3M
Q2 24
$-576.7M
$41.4M
Q1 24
$-539.7M
$36.1M
Gross Margin
CTEV
CTEV
PLAY
PLAY
Q4 25
85.8%
Q3 25
86.3%
Q2 25
85.5%
Q1 25
85.5%
Q4 24
85.0%
Q3 24
85.3%
Q2 24
85.2%
Q1 24
84.1%
Operating Margin
CTEV
CTEV
PLAY
PLAY
Q4 25
-3.1%
-3.6%
Q3 25
4.1%
9.5%
Q2 25
6.9%
11.1%
Q1 25
4.2%
8.3%
Q4 24
-17.8%
1.4%
Q3 24
-146.7%
15.2%
Q2 24
-224.4%
14.5%
Q1 24
-207.4%
14.9%
Net Margin
CTEV
CTEV
PLAY
PLAY
Q4 25
-32.7%
-9.4%
Q3 25
-28.4%
2.0%
Q2 25
-25.9%
3.8%
Q1 25
-30.8%
1.7%
Q4 24
-59.4%
-7.2%
Q3 24
-169.8%
7.2%
Q2 24
-247.0%
7.0%
Q1 24
-230.1%
6.0%
EPS (diluted)
CTEV
CTEV
PLAY
PLAY
Q4 25
$-4.88
$-1.22
Q3 25
$-4.23
$0.32
Q2 25
$-3.81
$0.62
Q1 25
$-4.38
$0.32
Q4 24
$-8.49
$-0.84
Q3 24
$-24.25
$0.99
Q2 24
$-35.78
$0.99
Q1 24
$-33.40
$0.95

Balance Sheet & Financial Strength

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

Metric
CTEV
CTEV
PLAY
PLAY
Cash + ST InvestmentsLiquidity on hand
$16.8M
$13.6M
Total DebtLower is stronger
$4.6B
$1.6B
Stockholders' EquityBook value
$-173.9M
$130.8M
Total Assets
$4.9B
$4.1B
Debt / EquityLower = less leverage
12.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
PLAY
PLAY
Q4 25
$16.8M
$13.6M
Q3 25
$39.2M
$12.0M
Q2 25
$56.4M
$11.9M
Q1 25
$23.1M
$6.9M
Q4 24
$16.8M
$8.6M
Q3 24
$86.6M
$13.1M
Q2 24
$48.8M
$32.1M
Q1 24
$58.7M
$37.3M
Total Debt
CTEV
CTEV
PLAY
PLAY
Q4 25
$4.6B
$1.6B
Q3 25
$4.5B
$1.6B
Q2 25
$4.5B
$1.6B
Q1 25
$4.5B
$1.5B
Q4 24
$4.5B
$1.5B
Q3 24
$4.5B
$1.3B
Q2 24
$4.5B
$1.3B
Q1 24
$4.5B
$1.3B
Stockholders' Equity
CTEV
CTEV
PLAY
PLAY
Q4 25
$-173.9M
$130.8M
Q3 25
$-101.8M
$166.2M
Q2 25
$-39.9M
$146.8M
Q1 25
$14.8M
$145.8M
Q4 24
$84.0M
$226.6M
Q3 24
$207.6M
$284.4M
Q2 24
$603.4M
$292.5M
Q1 24
$1.2B
$251.2M
Total Assets
CTEV
CTEV
PLAY
PLAY
Q4 25
$4.9B
$4.1B
Q3 25
$5.0B
$4.1B
Q2 25
$5.1B
$4.1B
Q1 25
$5.1B
$4.0B
Q4 24
$5.2B
$3.9B
Q3 24
$5.3B
$3.8B
Q2 24
$5.7B
$3.8B
Q1 24
$6.4B
$3.8B
Debt / Equity
CTEV
CTEV
PLAY
PLAY
Q4 25
12.17×
Q3 25
9.57×
Q2 25
10.98×
Q1 25
304.87×
10.45×
Q4 24
53.67×
6.58×
Q3 24
21.73×
4.72×
Q2 24
7.48×
4.58×
Q1 24
3.85×
5.33×

Cash Flow & Capital Efficiency

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

Metric
CTEV
CTEV
PLAY
PLAY
Operating Cash FlowLast quarter
$66.3M
$58.0M
Free Cash FlowOCF − Capex
$36.4M
$-20.6M
FCF MarginFCF / Revenue
14.8%
-4.6%
Capex IntensityCapex / Revenue
12.1%
17.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M
$-195.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
PLAY
PLAY
Q4 25
$66.3M
$58.0M
Q3 25
$19.9M
$34.0M
Q2 25
$61.2M
$95.8M
Q1 25
$-30.1M
$108.9M
Q4 24
$-33.4M
$-7.2M
Q3 24
$72.8M
$101.8M
Q2 24
$18.5M
$108.8M
Q1 24
$49.7M
$97.2M
Free Cash Flow
CTEV
CTEV
PLAY
PLAY
Q4 25
$36.4M
$-20.6M
Q3 25
$-16.3M
$-55.2M
Q2 25
$36.6M
$-58.8M
Q1 25
$-68.9M
$-61.0M
Q4 24
$-63.8M
$-138.4M
Q3 24
$41.1M
$-14.3M
Q2 24
$-7.0M
$-4.2M
Q1 24
$19.2M
$-25.4M
FCF Margin
CTEV
CTEV
PLAY
PLAY
Q4 25
14.8%
-4.6%
Q3 25
-6.6%
-9.9%
Q2 25
15.2%
-10.4%
Q1 25
-29.8%
-11.4%
Q4 24
-27.5%
-30.6%
Q3 24
17.8%
-2.6%
Q2 24
-3.0%
-0.7%
Q1 24
8.2%
-4.2%
Capex Intensity
CTEV
CTEV
PLAY
PLAY
Q4 25
12.1%
17.5%
Q3 25
14.7%
16.0%
Q2 25
10.2%
27.2%
Q1 25
16.8%
31.8%
Q4 24
13.1%
29.0%
Q3 24
13.8%
20.8%
Q2 24
10.9%
19.2%
Q1 24
13.0%
20.5%
Cash Conversion
CTEV
CTEV
PLAY
PLAY
Q4 25
Q3 25
2.98×
Q2 25
4.41×
Q1 25
11.71×
Q4 24
Q3 24
2.53×
Q2 24
2.63×
Q1 24
2.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CTEV
CTEV

Segment breakdown not available.

PLAY
PLAY

Game Play Credit Usage$273.1M61%
Food And Nonalcoholic Beverages$115.1M26%
Alcoholic Beverage$53.7M12%
Other Entertainment$6.3M1%
Gift Card Revenue$3.5M1%

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