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Side-by-side financial comparison of Nordson Corporation (NDSN) and Dave & Buster's Entertainment, Inc. (PLAY). Click either name above to swap in a different company.
Nordson Corporation is the larger business by last-quarter revenue ($751.8M vs $448.2M, roughly 1.7× Dave & Buster's Entertainment, Inc.). Nordson Corporation runs the higher net margin — 20.2% vs -9.4%, a 29.6% gap on every dollar of revenue. On growth, Nordson Corporation posted the faster year-over-year revenue change (1.0% vs -1.1%). Nordson Corporation produced more free cash flow last quarter ($193.9M vs $-20.6M). Over the past eight quarters, Nordson Corporation's revenue compounded faster (9.0% CAGR vs -13.5%).
Nordson Corporation is an American multinational corporation that designs and manufactures dispensing equipment for consumer and industrial adhesives, sealants and coatings. The company also manufactures equipment used in the testing and inspection of electronic components, technology-based systems for curing and surface treatment processes as well as medical devices and component technologies.
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.
NDSN vs PLAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $751.8M | $448.2M |
| Net Profit | $151.6M | $-42.1M |
| Gross Margin | 56.3% | 85.8% |
| Operating Margin | 28.5% | -3.6% |
| Net Margin | 20.2% | -9.4% |
| Revenue YoY | 1.0% | -1.1% |
| Net Profit YoY | 24.1% | -28.7% |
| EPS (diluted) | $2.67 | $-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.
| Q4 25 | $751.8M | $448.2M | ||
| Q3 25 | $741.5M | $557.4M | ||
| Q2 25 | $682.9M | $567.7M | ||
| Q1 25 | $615.4M | $534.5M | ||
| Q4 24 | $744.5M | $453.0M | ||
| Q3 24 | $661.6M | $557.1M | ||
| Q2 24 | $650.6M | $588.1M | ||
| Q1 24 | $633.2M | $599.0M |
| Q4 25 | $151.6M | $-42.1M | ||
| Q3 25 | $125.8M | $11.4M | ||
| Q2 25 | $112.4M | $21.7M | ||
| Q1 25 | $94.7M | $9.3M | ||
| Q4 24 | $122.2M | $-32.7M | ||
| Q3 24 | $117.3M | $40.3M | ||
| Q2 24 | $118.2M | $41.4M | ||
| Q1 24 | $109.6M | $36.1M |
| Q4 25 | 56.3% | 85.8% | ||
| Q3 25 | 54.8% | 86.3% | ||
| Q2 25 | 54.7% | 85.5% | ||
| Q1 25 | 54.6% | 85.5% | ||
| Q4 24 | 54.1% | 85.0% | ||
| Q3 24 | 55.8% | 85.3% | ||
| Q2 24 | 56.2% | 85.2% | ||
| Q1 24 | 55.0% | 84.1% |
| Q4 25 | 28.5% | -3.6% | ||
| Q3 25 | 25.3% | 9.5% | ||
| Q2 25 | 24.7% | 11.1% | ||
| Q1 25 | 22.9% | 8.3% | ||
| Q4 24 | 24.0% | 1.4% | ||
| Q3 24 | 25.3% | 15.2% | ||
| Q2 24 | 25.9% | 14.5% | ||
| Q1 24 | 25.2% | 14.9% |
| Q4 25 | 20.2% | -9.4% | ||
| Q3 25 | 17.0% | 2.0% | ||
| Q2 25 | 16.5% | 3.8% | ||
| Q1 25 | 15.4% | 1.7% | ||
| Q4 24 | 16.4% | -7.2% | ||
| Q3 24 | 17.7% | 7.2% | ||
| Q2 24 | 18.2% | 7.0% | ||
| Q1 24 | 17.3% | 6.0% |
| Q4 25 | $2.67 | $-1.22 | ||
| Q3 25 | $2.22 | $0.32 | ||
| Q2 25 | $1.97 | $0.62 | ||
| Q1 25 | $1.65 | $0.32 | ||
| Q4 24 | $2.12 | $-0.84 | ||
| Q3 24 | $2.04 | $0.99 | ||
| Q2 24 | $2.05 | $0.99 | ||
| Q1 24 | $1.90 | $0.95 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $108.4M | $13.6M |
| Total DebtLower is stronger | $2.0B | $1.6B |
| Stockholders' EquityBook value | $3.0B | $130.8M |
| Total Assets | $5.9B | $4.1B |
| Debt / EquityLower = less leverage | 0.66× | 12.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.4M | $13.6M | ||
| Q3 25 | $147.8M | $12.0M | ||
| Q2 25 | $130.2M | $11.9M | ||
| Q1 25 | $130.4M | $6.9M | ||
| Q4 24 | $116.0M | $8.6M | ||
| Q3 24 | $165.3M | $13.1M | ||
| Q2 24 | $125.4M | $32.1M | ||
| Q1 24 | $136.2M | $37.3M |
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $2.1B | $1.6B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.2B | $1.5B | ||
| Q4 24 | $2.2B | $1.5B | ||
| Q3 24 | $1.5B | $1.3B | ||
| Q2 24 | $1.5B | $1.3B | ||
| Q1 24 | $1.6B | $1.3B |
| Q4 25 | $3.0B | $130.8M | ||
| Q3 25 | $3.0B | $166.2M | ||
| Q2 25 | $3.0B | $146.8M | ||
| Q1 25 | $2.9B | $145.8M | ||
| Q4 24 | $2.9B | $226.6M | ||
| Q3 24 | $2.9B | $284.4M | ||
| Q2 24 | $2.8B | $292.5M | ||
| Q1 24 | $2.7B | $251.2M |
| Q4 25 | $5.9B | $4.1B | ||
| Q3 25 | $6.0B | $4.1B | ||
| Q2 25 | $6.1B | $4.1B | ||
| Q1 25 | $5.9B | $4.0B | ||
| Q4 24 | $6.0B | $3.9B | ||
| Q3 24 | $5.2B | $3.8B | ||
| Q2 24 | $5.2B | $3.8B | ||
| Q1 24 | $5.2B | $3.8B |
| Q4 25 | 0.66× | 12.17× | ||
| Q3 25 | 0.71× | 9.57× | ||
| Q2 25 | 0.74× | 10.98× | ||
| Q1 25 | 0.75× | 10.45× | ||
| Q4 24 | 0.75× | 6.58× | ||
| Q3 24 | 0.52× | 4.72× | ||
| Q2 24 | 0.55× | 4.58× | ||
| Q1 24 | 0.60× | 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $202.9M | $58.0M |
| Free Cash FlowOCF − Capex | $193.9M | $-20.6M |
| FCF MarginFCF / Revenue | 25.8% | -4.6% |
| Capex IntensityCapex / Revenue | 1.2% | 17.5% |
| Cash ConversionOCF / Net Profit | 1.34× | — |
| TTM Free Cash FlowTrailing 4 quarters | $661.1M | $-195.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $202.9M | $58.0M | ||
| Q3 25 | $238.0M | $34.0M | ||
| Q2 25 | $119.2M | $95.8M | ||
| Q1 25 | $159.1M | $108.9M | ||
| Q4 24 | $96.4M | $-7.2M | ||
| Q3 24 | $164.8M | $101.8M | ||
| Q2 24 | $122.6M | $108.8M | ||
| Q1 24 | $172.4M | $97.2M |
| Q4 25 | $193.9M | $-20.6M | ||
| Q3 25 | $226.4M | $-55.2M | ||
| Q2 25 | $103.1M | $-58.8M | ||
| Q1 25 | $137.7M | $-61.0M | ||
| Q4 24 | $75.8M | $-138.4M | ||
| Q3 24 | $143.0M | $-14.3M | ||
| Q2 24 | $108.2M | $-4.2M | ||
| Q1 24 | $164.8M | $-25.4M |
| Q4 25 | 25.8% | -4.6% | ||
| Q3 25 | 30.5% | -9.9% | ||
| Q2 25 | 15.1% | -10.4% | ||
| Q1 25 | 22.4% | -11.4% | ||
| Q4 24 | 10.2% | -30.6% | ||
| Q3 24 | 21.6% | -2.6% | ||
| Q2 24 | 16.6% | -0.7% | ||
| Q1 24 | 26.0% | -4.2% |
| Q4 25 | 1.2% | 17.5% | ||
| Q3 25 | 1.6% | 16.0% | ||
| Q2 25 | 2.3% | 27.2% | ||
| Q1 25 | 3.5% | 31.8% | ||
| Q4 24 | 2.8% | 29.0% | ||
| Q3 24 | 3.3% | 20.8% | ||
| Q2 24 | 2.2% | 19.2% | ||
| Q1 24 | 1.2% | 20.5% |
| Q4 25 | 1.34× | — | ||
| Q3 25 | 1.89× | 2.98× | ||
| Q2 25 | 1.06× | 4.41× | ||
| Q1 25 | 1.68× | 11.71× | ||
| Q4 24 | 0.79× | — | ||
| Q3 24 | 1.41× | 2.53× | ||
| Q2 24 | 1.04× | 2.63× | ||
| Q1 24 | 1.57× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NDSN
| Advanced Technology Systems | $624.5M | 83% |
| Other | $127.3M | 17% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |