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Side-by-side financial comparison of DENNY'S Corp (DENN) and Riot Platforms, Inc. (RIOT). Click either name above to swap in a different company.
Riot Platforms, Inc. is the larger business by last-quarter revenue ($152.8M vs $113.2M, roughly 1.3× DENNY'S Corp). DENNY'S Corp runs the higher net margin — 0.6% vs -452.0%, a 452.5% gap on every dollar of revenue. On growth, Riot Platforms, Inc. posted the faster year-over-year revenue change (7.2% vs 1.3%). DENNY'S Corp produced more free cash flow last quarter ($16.0M vs $-774.3M). Over the past eight quarters, Riot Platforms, Inc.'s revenue compounded faster (38.8% 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.
Riot Platforms, Inc. is a leading U.S.-based enterprise focused on Bitcoin mining, operating multiple large-scale, energy-efficient data centers across North America. It also invests in blockchain infrastructure development and holds Bitcoin as a core long-term reserve asset, centering its business strategy around the digital asset ecosystem.
DENN vs RIOT — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.2M | $152.8M |
| Net Profit | $632.0K | $-690.7M |
| Gross Margin | — | — |
| Operating Margin | 9.2% | -447.9% |
| Net Margin | 0.6% | -452.0% |
| Revenue YoY | 1.3% | 7.2% |
| Net Profit YoY | -90.3% | -606.3% |
| EPS (diluted) | $0.01 | $-1.89 |
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 | — | $152.8M | ||
| Q3 25 | $113.2M | $180.2M | ||
| Q2 25 | $117.7M | $153.0M | ||
| Q1 25 | $111.6M | $161.4M | ||
| Q4 24 | $114.7M | $142.6M | ||
| Q3 24 | $111.8M | $84.8M | ||
| Q2 24 | $115.9M | $70.0M | ||
| Q1 24 | $110.0M | $79.3M |
| Q4 25 | — | $-690.7M | ||
| Q3 25 | $632.0K | $104.5M | ||
| Q2 25 | $2.5M | $219.5M | ||
| Q1 25 | $326.0K | $-296.4M | ||
| Q4 24 | $6.8M | $136.4M | ||
| Q3 24 | $6.5M | $-154.4M | ||
| Q2 24 | $3.6M | $-84.4M | ||
| Q1 24 | $4.7M | $211.8M |
| Q4 25 | — | -447.9% | ||
| Q3 25 | 9.2% | 44.4% | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 4.7% | -144.9% | ||
| Q4 24 | 12.6% | — | ||
| Q3 24 | 10.5% | -143.3% | ||
| Q2 24 | 7.9% | -167.2% | ||
| Q1 24 | 9.1% | — |
| Q4 25 | — | -452.0% | ||
| Q3 25 | 0.6% | 58.0% | ||
| Q2 25 | 2.1% | 143.4% | ||
| Q1 25 | 0.3% | -183.6% | ||
| Q4 24 | 5.9% | 95.7% | ||
| Q3 24 | 5.8% | -182.1% | ||
| Q2 24 | 3.1% | -120.6% | ||
| Q1 24 | 4.3% | 267.1% |
| Q4 25 | — | $-1.89 | ||
| Q3 25 | $0.01 | $0.26 | ||
| Q2 25 | $0.05 | $0.58 | ||
| Q1 25 | $0.01 | $-0.90 | ||
| Q4 24 | $0.13 | $0.39 | ||
| Q3 24 | $0.12 | $-0.54 | ||
| Q2 24 | $0.07 | $-0.32 | ||
| Q1 24 | $0.09 | $0.51 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $233.5M |
| Total DebtLower is stronger | — | $840.8M |
| Stockholders' EquityBook value | $-32.7M | $2.9B |
| Total Assets | $502.9M | $3.9B |
| Debt / EquityLower = less leverage | — | 0.29× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $233.5M | ||
| Q3 25 | — | $330.7M | ||
| Q2 25 | — | $255.4M | ||
| Q1 25 | $1.1M | $163.7M | ||
| Q4 24 | $100.0K | $277.9M | ||
| Q3 24 | $2.9M | $355.7M | ||
| Q2 24 | $2.8M | $481.2M | ||
| Q1 24 | $2.8M | $688.5M |
| Q4 25 | — | $840.8M | ||
| Q3 25 | — | $5.3M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $5.3M | ||
| Q4 24 | $270.6M | $584.6M | ||
| Q3 24 | — | $5.7M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $2.9B | ||
| Q3 25 | $-32.7M | $3.5B | ||
| Q2 25 | $-34.6M | $3.3B | ||
| Q1 25 | $-36.4M | $2.9B | ||
| Q4 24 | $-34.0M | $3.1B | ||
| Q3 24 | $-54.5M | $2.7B | ||
| Q2 24 | $-53.2M | $2.6B | ||
| Q1 24 | $-55.7M | $2.5B |
| Q4 25 | — | $3.9B | ||
| Q3 25 | $502.9M | $4.5B | ||
| Q2 25 | $491.1M | $4.3B | ||
| Q1 25 | $488.1M | $3.7B | ||
| Q4 24 | $496.3M | $3.9B | ||
| Q3 24 | $461.6M | $2.9B | ||
| Q2 24 | $459.9M | $2.7B | ||
| Q1 24 | $460.4M | $2.6B |
| Q4 25 | — | 0.29× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-572.9M |
| Free Cash FlowOCF − Capex | $16.0M | $-774.3M |
| FCF MarginFCF / Revenue | 14.1% | -506.6% |
| Capex IntensityCapex / Revenue | 0.0% | 131.8% |
| Cash ConversionOCF / Net Profit | 25.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-572.9M | ||
| Q3 25 | $16.0M | $-114.0M | ||
| Q2 25 | $9.4M | $-231.3M | ||
| Q1 25 | $5.0M | $-122.1M | ||
| Q4 24 | $8.5M | $-255.1M | ||
| Q3 24 | $6.6M | $-56.3M | ||
| Q2 24 | $14.2M | $-42.5M | ||
| Q1 24 | $215.0K | $-57.9M |
| Q4 25 | — | $-774.3M | ||
| Q3 25 | $16.0M | $-139.7M | ||
| Q2 25 | — | $-291.7M | ||
| Q1 25 | — | $-154.9M | ||
| Q4 24 | — | $-495.4M | ||
| Q3 24 | — | $-127.6M | ||
| Q2 24 | — | $-96.1M | ||
| Q1 24 | — | $-115.2M |
| Q4 25 | — | -506.6% | ||
| Q3 25 | 14.1% | -77.5% | ||
| Q2 25 | — | -190.7% | ||
| Q1 25 | — | -96.0% | ||
| Q4 24 | — | -347.5% | ||
| Q3 24 | — | -150.5% | ||
| Q2 24 | — | -137.2% | ||
| Q1 24 | — | -145.2% |
| Q4 25 | — | 131.8% | ||
| Q3 25 | 0.0% | 14.3% | ||
| Q2 25 | — | 39.5% | ||
| Q1 25 | — | 20.4% | ||
| Q4 24 | — | 168.6% | ||
| Q3 24 | 0.0% | 84.1% | ||
| Q2 24 | — | 76.5% | ||
| Q1 24 | — | 72.3% |
| Q4 25 | — | — | ||
| Q3 25 | 25.28× | -1.09× | ||
| Q2 25 | 3.79× | -1.05× | ||
| Q1 25 | 15.38× | — | ||
| Q4 24 | 1.26× | -1.87× | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 3.97× | — | ||
| Q1 24 | 0.05× | -0.27× |
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% |
RIOT
| Bitcoin Mining Segment | $131.7M | 86% |
| Engineering Segment | $21.1M | 14% |
