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Side-by-side financial comparison of DONEGAL GROUP INC (DGICA) 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 $239.8M, roughly 1.9× DONEGAL GROUP INC). DONEGAL GROUP INC runs the higher net margin — 7.2% vs -9.4%, a 16.6% gap on every dollar of revenue. On growth, Dave & Buster's Entertainment, Inc. posted the faster year-over-year revenue change (-1.1% vs -4.1%). Over the past eight quarters, DONEGAL GROUP INC's revenue compounded faster (-0.3% CAGR vs -13.5%).

Donegal Group Inc. is a regional US insurance holding company offering personal and commercial property and casualty insurance products. It serves Mid-Atlantic, Midwest, and Southern US customers, delivering tailored coverage for individuals, families, and small to medium businesses.

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.

DGICA vs PLAY — Head-to-Head

Bigger by revenue
PLAY
PLAY
1.9× larger
PLAY
$448.2M
$239.8M
DGICA
Growing faster (revenue YoY)
PLAY
PLAY
+3.0% gap
PLAY
-1.1%
-4.1%
DGICA
Higher net margin
DGICA
DGICA
16.6% more per $
DGICA
7.2%
-9.4%
PLAY
Faster 2-yr revenue CAGR
DGICA
DGICA
Annualised
DGICA
-0.3%
-13.5%
PLAY

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DGICA
DGICA
PLAY
PLAY
Revenue
$239.8M
$448.2M
Net Profit
$17.2M
$-42.1M
Gross Margin
85.8%
Operating Margin
8.7%
-3.6%
Net Margin
7.2%
-9.4%
Revenue YoY
-4.1%
-1.1%
Net Profit YoY
-28.4%
-28.7%
EPS (diluted)
$-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
DGICA
DGICA
PLAY
PLAY
Q4 25
$239.8M
$448.2M
Q3 25
$245.9M
$557.4M
Q2 25
$247.1M
$567.7M
Q1 25
$245.2M
$534.5M
Q4 24
$250.0M
$453.0M
Q3 24
$251.7M
$557.1M
Q2 24
$246.8M
$588.1M
Q1 24
$241.1M
$599.0M
Net Profit
DGICA
DGICA
PLAY
PLAY
Q4 25
$17.2M
$-42.1M
Q3 25
$20.1M
$11.4M
Q2 25
$16.9M
$21.7M
Q1 25
$25.2M
$9.3M
Q4 24
$24.0M
$-32.7M
Q3 24
$16.8M
$40.3M
Q2 24
$4.2M
$41.4M
Q1 24
$6.0M
$36.1M
Gross Margin
DGICA
DGICA
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
DGICA
DGICA
PLAY
PLAY
Q4 25
8.7%
-3.6%
Q3 25
10.2%
9.5%
Q2 25
8.3%
11.1%
Q1 25
12.7%
8.3%
Q4 24
11.9%
1.4%
Q3 24
8.1%
15.2%
Q2 24
2.0%
14.5%
Q1 24
3.0%
14.9%
Net Margin
DGICA
DGICA
PLAY
PLAY
Q4 25
7.2%
-9.4%
Q3 25
8.2%
2.0%
Q2 25
6.8%
3.8%
Q1 25
10.3%
1.7%
Q4 24
9.6%
-7.2%
Q3 24
6.7%
7.2%
Q2 24
1.7%
7.0%
Q1 24
2.5%
6.0%
EPS (diluted)
DGICA
DGICA
PLAY
PLAY
Q4 25
$-1.22
Q3 25
$0.32
Q2 25
$0.62
Q1 25
$0.32
Q4 24
$-0.84
Q3 24
$0.99
Q2 24
$0.99
Q1 24
$0.95

Balance Sheet & Financial Strength

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

Metric
DGICA
DGICA
PLAY
PLAY
Cash + ST InvestmentsLiquidity on hand
$13.6M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$640.4M
$130.8M
Total Assets
$2.4B
$4.1B
Debt / EquityLower = less leverage
12.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGICA
DGICA
PLAY
PLAY
Q4 25
$13.6M
Q3 25
$12.0M
Q2 25
$11.9M
Q1 25
$6.9M
Q4 24
$8.6M
Q3 24
$13.1M
Q2 24
$32.1M
Q1 24
$37.3M
Total Debt
DGICA
DGICA
PLAY
PLAY
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
Stockholders' Equity
DGICA
DGICA
PLAY
PLAY
Q4 25
$640.4M
$130.8M
Q3 25
$627.4M
$166.2M
Q2 25
$605.7M
$146.8M
Q1 25
$584.7M
$145.8M
Q4 24
$545.8M
$226.6M
Q3 24
$513.4M
$284.4M
Q2 24
$484.1M
$292.5M
Q1 24
$485.1M
$251.2M
Total Assets
DGICA
DGICA
PLAY
PLAY
Q4 25
$2.4B
$4.1B
Q3 25
$2.4B
$4.1B
Q2 25
$2.4B
$4.1B
Q1 25
$2.4B
$4.0B
Q4 24
$2.3B
$3.9B
Q3 24
$2.3B
$3.8B
Q2 24
$2.3B
$3.8B
Q1 24
$2.3B
$3.8B
Debt / Equity
DGICA
DGICA
PLAY
PLAY
Q4 25
12.17×
Q3 25
9.57×
Q2 25
10.98×
Q1 25
10.45×
Q4 24
6.58×
Q3 24
4.72×
Q2 24
4.58×
Q1 24
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
DGICA
DGICA
PLAY
PLAY
Operating Cash FlowLast quarter
$70.2M
$58.0M
Free Cash FlowOCF − Capex
$-20.6M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
17.5%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$-195.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGICA
DGICA
PLAY
PLAY
Q4 25
$70.2M
$58.0M
Q3 25
$22.4M
$34.0M
Q2 25
$12.1M
$95.8M
Q1 25
$25.7M
$108.9M
Q4 24
$67.4M
$-7.2M
Q3 24
$12.7M
$101.8M
Q2 24
$21.7M
$108.8M
Q1 24
$4.8M
$97.2M
Free Cash Flow
DGICA
DGICA
PLAY
PLAY
Q4 25
$-20.6M
Q3 25
$-55.2M
Q2 25
$-58.8M
Q1 25
$-61.0M
Q4 24
$-138.4M
Q3 24
$-14.3M
Q2 24
$-4.2M
Q1 24
$-25.4M
FCF Margin
DGICA
DGICA
PLAY
PLAY
Q4 25
-4.6%
Q3 25
-9.9%
Q2 25
-10.4%
Q1 25
-11.4%
Q4 24
-30.6%
Q3 24
-2.6%
Q2 24
-0.7%
Q1 24
-4.2%
Capex Intensity
DGICA
DGICA
PLAY
PLAY
Q4 25
17.5%
Q3 25
16.0%
Q2 25
27.2%
Q1 25
31.8%
Q4 24
29.0%
Q3 24
20.8%
Q2 24
19.2%
Q1 24
20.5%
Cash Conversion
DGICA
DGICA
PLAY
PLAY
Q4 25
4.08×
Q3 25
1.11×
2.98×
Q2 25
0.72×
4.41×
Q1 25
1.02×
11.71×
Q4 24
2.81×
Q3 24
0.76×
2.53×
Q2 24
5.22×
2.63×
Q1 24
0.81×
2.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DGICA
DGICA

Commercial Lines Segment$140.8M59%
Personal Lines Segment$86.0M36%
Investments Function Segment$12.4M5%

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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