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Side-by-side financial comparison of DENNY'S Corp (DENN) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.
DENNY'S Corp is the larger business by last-quarter revenue ($113.2M vs $101.1M, roughly 1.1× FORRESTER RESEARCH, INC.). DENNY'S Corp runs the higher net margin — 0.6% vs -33.5%, a 34.1% gap on every dollar of revenue. On growth, DENNY'S Corp posted the faster year-over-year revenue change (1.3% vs -6.5%). DENNY'S Corp produced more free cash flow last quarter ($16.0M vs $-4.3M). Over the past eight quarters, FORRESTER RESEARCH, INC.'s revenue compounded faster (0.5% CAGR vs -0.9%).
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.
Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.
DENN vs FORR — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.2M | $101.1M |
| Net Profit | $632.0K | $-33.9M |
| Gross Margin | — | 56.7% |
| Operating Margin | 9.2% | -36.6% |
| Net Margin | 0.6% | -33.5% |
| Revenue YoY | 1.3% | -6.5% |
| Net Profit YoY | -90.3% | -7941.4% |
| EPS (diluted) | $0.01 | $-1.75 |
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.
| Q4 25 | — | $101.1M | ||
| Q3 25 | $113.2M | $94.3M | ||
| Q2 25 | $117.7M | $111.7M | ||
| Q1 25 | $111.6M | $89.9M | ||
| Q4 24 | $114.7M | $108.0M | ||
| Q3 24 | $111.8M | $102.5M | ||
| Q2 24 | $115.9M | $121.8M | ||
| Q1 24 | $110.0M | $100.1M |
| Q4 25 | — | $-33.9M | ||
| Q3 25 | $632.0K | $-2.1M | ||
| Q2 25 | $2.5M | $3.9M | ||
| Q1 25 | $326.0K | $-87.3M | ||
| Q4 24 | $6.8M | $432.0K | ||
| Q3 24 | $6.5M | $-5.8M | ||
| Q2 24 | $3.6M | $6.3M | ||
| Q1 24 | $4.7M | $-6.7M |
| Q4 25 | — | 56.7% | ||
| Q3 25 | — | 60.0% | ||
| Q2 25 | — | 55.5% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 58.8% | ||
| Q3 24 | — | 60.5% | ||
| Q2 24 | — | 57.3% | ||
| Q1 24 | — | 54.9% |
| Q4 25 | — | -36.6% | ||
| Q3 25 | 9.2% | 4.7% | ||
| Q2 25 | 7.3% | 6.2% | ||
| Q1 25 | 4.7% | -97.5% | ||
| Q4 24 | 12.6% | -0.5% | ||
| Q3 24 | 10.5% | -0.7% | ||
| Q2 24 | 7.9% | 9.3% | ||
| Q1 24 | 9.1% | -9.3% |
| Q4 25 | — | -33.5% | ||
| Q3 25 | 0.6% | -2.3% | ||
| Q2 25 | 2.1% | 3.5% | ||
| Q1 25 | 0.3% | -97.1% | ||
| Q4 24 | 5.9% | 0.4% | ||
| Q3 24 | 5.8% | -5.7% | ||
| Q2 24 | 3.1% | 5.2% | ||
| Q1 24 | 4.3% | -6.7% |
| Q4 25 | — | $-1.75 | ||
| Q3 25 | $0.01 | $-0.11 | ||
| Q2 25 | $0.05 | $0.20 | ||
| Q1 25 | $0.01 | $-4.62 | ||
| Q4 24 | $0.13 | $0.02 | ||
| Q3 24 | $0.12 | $-0.30 | ||
| Q2 24 | $0.07 | $0.33 | ||
| Q1 24 | $0.09 | $-0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-32.7M | $126.5M |
| Total Assets | $502.9M | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $63.3M | ||
| Q3 25 | — | $65.1M | ||
| Q2 25 | — | $67.8M | ||
| Q1 25 | $1.1M | $75.6M | ||
| Q4 24 | $100.0K | $56.1M | ||
| Q3 24 | $2.9M | $62.8M | ||
| Q2 24 | $2.8M | $58.9M | ||
| Q1 24 | $2.8M | $61.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $270.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $126.5M | ||
| Q3 25 | $-32.7M | $157.7M | ||
| Q2 25 | $-34.6M | $159.5M | ||
| Q1 25 | $-36.4M | $147.4M | ||
| Q4 24 | $-34.0M | $229.5M | ||
| Q3 24 | $-54.5M | $234.3M | ||
| Q2 24 | $-53.2M | $237.1M | ||
| Q1 24 | $-55.7M | $230.9M |
| Q4 25 | — | $404.0M | ||
| Q3 25 | $502.9M | $414.2M | ||
| Q2 25 | $491.1M | $436.0M | ||
| Q1 25 | $488.1M | $439.8M | ||
| Q4 24 | $496.3M | $503.9M | ||
| Q3 24 | $461.6M | $505.3M | ||
| Q2 24 | $459.9M | $524.2M | ||
| Q1 24 | $460.4M | $555.7M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $16.0M | $-3.2M |
| Free Cash FlowOCF − Capex | $16.0M | $-4.3M |
| FCF MarginFCF / Revenue | 14.1% | -4.2% |
| Capex IntensityCapex / Revenue | 0.0% | 1.1% |
| Cash ConversionOCF / Net Profit | 25.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $16.0M | $1.2M | ||
| Q2 25 | $9.4M | $-3.6M | ||
| Q1 25 | $5.0M | $26.7M | ||
| Q4 24 | $8.5M | $-1.8M | ||
| Q3 24 | $6.6M | $264.0K | ||
| Q2 24 | $14.2M | $-2.9M | ||
| Q1 24 | $215.0K | $611.0K |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | $16.0M | $524.0K | ||
| Q2 25 | — | $-4.2M | ||
| Q1 25 | — | $26.1M | ||
| Q4 24 | — | $-2.5M | ||
| Q3 24 | — | $-223.0K | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-815.0K |
| Q4 25 | — | -4.2% | ||
| Q3 25 | 14.1% | 0.6% | ||
| Q2 25 | — | -3.8% | ||
| Q1 25 | — | 29.0% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | — | -0.2% | ||
| Q2 24 | — | -3.1% | ||
| Q1 24 | — | -0.8% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | 25.28× | — | ||
| Q2 25 | 3.79× | -0.93× | ||
| Q1 25 | 15.38× | — | ||
| Q4 24 | 1.26× | -4.24× | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 3.97× | -0.46× | ||
| Q1 24 | 0.05× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DENN
| Franchisor Owned Outlet | $57.4M | 51% |
| Royalty | $27.7M | 25% |
| Advertising | $18.6M | 16% |
| Occupancy | $7.7M | 7% |
| Initial And Other Fees | $1.7M | 1% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
