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Side-by-side financial comparison of Dave & Buster's Entertainment, Inc. (PLAY) and PROGRESS SOFTWARE CORP (PRGS). 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 $252.7M, roughly 1.8× PROGRESS SOFTWARE CORP). PROGRESS SOFTWARE CORP runs the higher net margin — 10.2% vs -9.4%, a 19.6% gap on every dollar of revenue. On growth, PROGRESS SOFTWARE CORP posted the faster year-over-year revenue change (17.5% vs -1.1%). PROGRESS SOFTWARE CORP produced more free cash flow last quarter ($59.9M vs $-20.6M). Over the past eight quarters, PROGRESS SOFTWARE CORP's revenue compounded faster (17.0% 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.

Progress Software Corporation develops and sells enterprise software products including application development platforms, data connectivity tools, and digital experience solutions. It serves global enterprise clients across finance, healthcare, manufacturing, retail and other sectors, helping organizations build scalable, high-performance business applications and streamline operational workflows.

PLAY vs PRGS — Head-to-Head

Bigger by revenue
PLAY
PLAY
1.8× larger
PLAY
$448.2M
$252.7M
PRGS
Growing faster (revenue YoY)
PRGS
PRGS
+18.6% gap
PRGS
17.5%
-1.1%
PLAY
Higher net margin
PRGS
PRGS
19.6% more per $
PRGS
10.2%
-9.4%
PLAY
More free cash flow
PRGS
PRGS
$80.5M more FCF
PRGS
$59.9M
$-20.6M
PLAY
Faster 2-yr revenue CAGR
PRGS
PRGS
Annualised
PRGS
17.0%
-13.5%
PLAY

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PLAY
PLAY
PRGS
PRGS
Revenue
$448.2M
$252.7M
Net Profit
$-42.1M
$25.7M
Gross Margin
85.8%
81.6%
Operating Margin
-3.6%
15.2%
Net Margin
-9.4%
10.2%
Revenue YoY
-1.1%
17.5%
Net Profit YoY
-28.7%
2144.6%
EPS (diluted)
$-1.22
$0.59

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
PLAY
PLAY
PRGS
PRGS
Q4 25
$448.2M
$252.7M
Q3 25
$557.4M
$249.8M
Q2 25
$567.7M
$237.4M
Q1 25
$534.5M
$238.0M
Q4 24
$453.0M
$215.0M
Q3 24
$557.1M
$178.7M
Q2 24
$588.1M
$175.1M
Q1 24
$599.0M
$184.7M
Net Profit
PLAY
PLAY
PRGS
PRGS
Q4 25
$-42.1M
$25.7M
Q3 25
$11.4M
$19.4M
Q2 25
$21.7M
$17.0M
Q1 25
$9.3M
$10.9M
Q4 24
$-32.7M
$1.1M
Q3 24
$40.3M
$28.5M
Q2 24
$41.4M
$16.2M
Q1 24
$36.1M
$22.6M
Gross Margin
PLAY
PLAY
PRGS
PRGS
Q4 25
85.8%
81.6%
Q3 25
86.3%
81.0%
Q2 25
85.5%
80.1%
Q1 25
85.5%
80.6%
Q4 24
85.0%
83.0%
Q3 24
85.3%
83.7%
Q2 24
85.2%
81.7%
Q1 24
84.1%
82.2%
Operating Margin
PLAY
PLAY
PRGS
PRGS
Q4 25
-3.6%
15.2%
Q3 25
9.5%
17.6%
Q2 25
11.1%
16.3%
Q1 25
8.3%
13.6%
Q4 24
1.4%
10.0%
Q3 24
15.2%
22.6%
Q2 24
14.5%
15.5%
Q1 24
14.9%
19.0%
Net Margin
PLAY
PLAY
PRGS
PRGS
Q4 25
-9.4%
10.2%
Q3 25
2.0%
7.8%
Q2 25
3.8%
7.2%
Q1 25
1.7%
4.6%
Q4 24
-7.2%
0.5%
Q3 24
7.2%
15.9%
Q2 24
7.0%
9.2%
Q1 24
6.0%
12.3%
EPS (diluted)
PLAY
PLAY
PRGS
PRGS
Q4 25
$-1.22
$0.59
Q3 25
$0.32
$0.44
Q2 25
$0.62
$0.39
Q1 25
$0.32
$0.24
Q4 24
$-0.84
$0.01
Q3 24
$0.99
$0.65
Q2 24
$0.99
$0.37
Q1 24
$0.95
$0.51

Balance Sheet & Financial Strength

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

Metric
PLAY
PLAY
PRGS
PRGS
Cash + ST InvestmentsLiquidity on hand
$13.6M
$94.8M
Total DebtLower is stronger
$1.6B
$1.4B
Stockholders' EquityBook value
$130.8M
$478.3M
Total Assets
$4.1B
$2.5B
Debt / EquityLower = less leverage
12.17×
2.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLAY
PLAY
PRGS
PRGS
Q4 25
$13.6M
$94.8M
Q3 25
$12.0M
$99.0M
Q2 25
$11.9M
$102.0M
Q1 25
$6.9M
$124.2M
Q4 24
$8.6M
$118.1M
Q3 24
$13.1M
$232.7M
Q2 24
$32.1M
$190.4M
Q1 24
$37.3M
$133.2M
Total Debt
PLAY
PLAY
PRGS
PRGS
Q4 25
$1.6B
$1.4B
Q3 25
$1.6B
$1.4B
Q2 25
$1.6B
$1.5B
Q1 25
$1.5B
$1.5B
Q4 24
$1.5B
$1.5B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
Stockholders' Equity
PLAY
PLAY
PRGS
PRGS
Q4 25
$130.8M
$478.3M
Q3 25
$166.2M
$477.7M
Q2 25
$146.8M
$452.7M
Q1 25
$145.8M
$431.8M
Q4 24
$226.6M
$438.8M
Q3 24
$284.4M
$425.6M
Q2 24
$292.5M
$401.7M
Q1 24
$251.2M
$461.7M
Total Assets
PLAY
PLAY
PRGS
PRGS
Q4 25
$4.1B
$2.5B
Q3 25
$4.1B
$2.4B
Q2 25
$4.1B
$2.4B
Q1 25
$4.0B
$2.5B
Q4 24
$3.9B
$2.5B
Q3 24
$3.8B
$1.6B
Q2 24
$3.8B
$1.6B
Q1 24
$3.8B
$1.5B
Debt / Equity
PLAY
PLAY
PRGS
PRGS
Q4 25
12.17×
2.93×
Q3 25
9.57×
2.97×
Q2 25
10.98×
3.22×
Q1 25
10.45×
3.50×
Q4 24
6.58×
3.48×
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
PLAY
PLAY
PRGS
PRGS
Operating Cash FlowLast quarter
$58.0M
$62.8M
Free Cash FlowOCF − Capex
$-20.6M
$59.9M
FCF MarginFCF / Revenue
-4.6%
23.7%
Capex IntensityCapex / Revenue
17.5%
1.1%
Cash ConversionOCF / Net Profit
2.44×
TTM Free Cash FlowTrailing 4 quarters
$-195.6M
$229.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLAY
PLAY
PRGS
PRGS
Q4 25
$58.0M
$62.8M
Q3 25
$34.0M
$73.4M
Q2 25
$95.8M
$30.0M
Q1 25
$108.9M
$68.9M
Q4 24
$-7.2M
$19.7M
Q3 24
$101.8M
$57.7M
Q2 24
$108.8M
$63.7M
Q1 24
$97.2M
$70.5M
Free Cash Flow
PLAY
PLAY
PRGS
PRGS
Q4 25
$-20.6M
$59.9M
Q3 25
$-55.2M
$72.4M
Q2 25
$-58.8M
$29.5M
Q1 25
$-61.0M
$67.7M
Q4 24
$-138.4M
$16.8M
Q3 24
$-14.3M
$56.6M
Q2 24
$-4.2M
$62.7M
Q1 24
$-25.4M
$70.2M
FCF Margin
PLAY
PLAY
PRGS
PRGS
Q4 25
-4.6%
23.7%
Q3 25
-9.9%
29.0%
Q2 25
-10.4%
12.4%
Q1 25
-11.4%
28.4%
Q4 24
-30.6%
7.8%
Q3 24
-2.6%
31.7%
Q2 24
-0.7%
35.8%
Q1 24
-4.2%
38.0%
Capex Intensity
PLAY
PLAY
PRGS
PRGS
Q4 25
17.5%
1.1%
Q3 25
16.0%
0.4%
Q2 25
27.2%
0.2%
Q1 25
31.8%
0.5%
Q4 24
29.0%
1.3%
Q3 24
20.8%
0.6%
Q2 24
19.2%
0.5%
Q1 24
20.5%
0.2%
Cash Conversion
PLAY
PLAY
PRGS
PRGS
Q4 25
2.44×
Q3 25
2.98×
3.78×
Q2 25
4.41×
1.76×
Q1 25
11.71×
6.30×
Q4 24
17.13×
Q3 24
2.53×
2.03×
Q2 24
2.63×
3.93×
Q1 24
2.69×
3.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PRGS
PRGS

Maintenanceand Services$187.5M74%
Share File Acquisition$67.5M27%

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