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Side-by-side financial comparison of Dave & Buster's Entertainment, Inc. (PLAY) and VIAVI SOLUTIONS INC. (VIAV). 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 $406.8M, roughly 1.1× VIAVI SOLUTIONS INC.). VIAVI SOLUTIONS INC. runs the higher net margin — 1.6% vs -9.4%, a 11.0% gap on every dollar of revenue. On growth, VIAVI SOLUTIONS INC. posted the faster year-over-year revenue change (42.8% vs -1.1%). Over the past eight quarters, VIAVI SOLUTIONS INC.'s revenue compounded faster (27.1% 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.

Viavi Solutions Inc., formerly part of JDS Uniphase Corporation (JDSU), is an American network test, measurement and assurance technology company based in Chandler, Arizona. The company manufactures testing and monitoring equipment for networks. It also develops optical technology used for a range of applications including material quality control, currency anti-counterfeiting and 3D motion sensing, including Microsoft's Kinect video game controller.

PLAY vs VIAV — Head-to-Head

Bigger by revenue
PLAY
PLAY
1.1× larger
PLAY
$448.2M
$406.8M
VIAV
Growing faster (revenue YoY)
VIAV
VIAV
+43.9% gap
VIAV
42.8%
-1.1%
PLAY
Higher net margin
VIAV
VIAV
11.0% more per $
VIAV
1.6%
-9.4%
PLAY
Faster 2-yr revenue CAGR
VIAV
VIAV
Annualised
VIAV
27.1%
-13.5%
PLAY

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
PLAY
PLAY
VIAV
VIAV
Revenue
$448.2M
$406.8M
Net Profit
$-42.1M
$6.4M
Gross Margin
85.8%
57.5%
Operating Margin
-3.6%
6.1%
Net Margin
-9.4%
1.6%
Revenue YoY
-1.1%
42.8%
Net Profit YoY
-28.7%
-76.1%
EPS (diluted)
$-1.22
$0.03

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
VIAV
VIAV
Q1 26
$406.8M
Q4 25
$448.2M
$369.3M
Q3 25
$557.4M
$299.1M
Q2 25
$567.7M
$290.5M
Q1 25
$534.5M
$284.8M
Q4 24
$453.0M
$270.8M
Q3 24
$557.1M
$238.2M
Q2 24
$588.1M
$252.0M
Net Profit
PLAY
PLAY
VIAV
VIAV
Q1 26
$6.4M
Q4 25
$-42.1M
$-48.1M
Q3 25
$11.4M
$-21.4M
Q2 25
$21.7M
$8.0M
Q1 25
$9.3M
$19.5M
Q4 24
$-32.7M
$9.1M
Q3 24
$40.3M
$-1.8M
Q2 24
$41.4M
$-21.7M
Gross Margin
PLAY
PLAY
VIAV
VIAV
Q1 26
57.5%
Q4 25
85.8%
57.0%
Q3 25
86.3%
56.5%
Q2 25
85.5%
56.3%
Q1 25
85.5%
56.4%
Q4 24
85.0%
59.4%
Q3 24
85.3%
57.1%
Q2 24
85.2%
57.8%
Operating Margin
PLAY
PLAY
VIAV
VIAV
Q1 26
6.1%
Q4 25
-3.6%
3.1%
Q3 25
9.5%
2.5%
Q2 25
11.1%
5.3%
Q1 25
8.3%
3.0%
Q4 24
1.4%
8.2%
Q3 24
15.2%
4.8%
Q2 24
14.5%
-2.3%
Net Margin
PLAY
PLAY
VIAV
VIAV
Q1 26
1.6%
Q4 25
-9.4%
-13.0%
Q3 25
2.0%
-7.2%
Q2 25
3.8%
2.8%
Q1 25
1.7%
6.8%
Q4 24
-7.2%
3.4%
Q3 24
7.2%
-0.8%
Q2 24
7.0%
-8.6%
EPS (diluted)
PLAY
PLAY
VIAV
VIAV
Q1 26
$0.03
Q4 25
$-1.22
$-0.21
Q3 25
$0.32
$-0.10
Q2 25
$0.62
$0.03
Q1 25
$0.32
$0.09
Q4 24
$-0.84
$0.04
Q3 24
$0.99
$-0.01
Q2 24
$0.99
$-0.10

Balance Sheet & Financial Strength

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

Metric
PLAY
PLAY
VIAV
VIAV
Cash + ST InvestmentsLiquidity on hand
$13.6M
$500.8M
Total DebtLower is stronger
$1.6B
$1.1B
Stockholders' EquityBook value
$130.8M
$846.5M
Total Assets
$4.1B
$2.5B
Debt / EquityLower = less leverage
12.17×
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLAY
PLAY
VIAV
VIAV
Q1 26
$500.8M
Q4 25
$13.6M
$767.4M
Q3 25
$12.0M
$545.6M
Q2 25
$11.9M
$425.3M
Q1 25
$6.9M
$396.8M
Q4 24
$8.6M
$509.4M
Q3 24
$13.1M
$493.1M
Q2 24
$32.1M
$491.2M
Total Debt
PLAY
PLAY
VIAV
VIAV
Q1 26
$1.1B
Q4 25
$1.6B
$1.2B
Q3 25
$1.6B
$640.5M
Q2 25
$1.6B
$396.3M
Q1 25
$1.5B
$396.1M
Q4 24
$1.5B
$639.3M
Q3 24
$1.3B
$637.6M
Q2 24
$1.3B
$636.0M
Stockholders' Equity
PLAY
PLAY
VIAV
VIAV
Q1 26
$846.5M
Q4 25
$130.8M
$834.3M
Q3 25
$166.2M
$723.9M
Q2 25
$146.8M
$780.2M
Q1 25
$145.8M
$728.8M
Q4 24
$226.6M
$682.8M
Q3 24
$284.4M
$702.1M
Q2 24
$292.5M
$681.6M
Total Assets
PLAY
PLAY
VIAV
VIAV
Q1 26
$2.5B
Q4 25
$4.1B
$2.8B
Q3 25
$4.1B
$2.1B
Q2 25
$4.1B
$2.0B
Q1 25
$4.0B
$1.9B
Q4 24
$3.9B
$1.7B
Q3 24
$3.8B
$1.7B
Q2 24
$3.8B
$1.7B
Debt / Equity
PLAY
PLAY
VIAV
VIAV
Q1 26
1.28×
Q4 25
12.17×
1.46×
Q3 25
9.57×
0.88×
Q2 25
10.98×
0.51×
Q1 25
10.45×
0.54×
Q4 24
6.58×
0.94×
Q3 24
4.72×
0.91×
Q2 24
4.58×
0.93×

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
VIAV
VIAV
Operating Cash FlowLast quarter
$58.0M
Free Cash FlowOCF − Capex
$-20.6M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
17.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-195.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLAY
PLAY
VIAV
VIAV
Q1 26
Q4 25
$58.0M
$42.5M
Q3 25
$34.0M
$31.0M
Q2 25
$95.8M
$23.8M
Q1 25
$108.9M
$7.8M
Q4 24
$-7.2M
$44.7M
Q3 24
$101.8M
$13.5M
Q2 24
$108.8M
$26.2M
Free Cash Flow
PLAY
PLAY
VIAV
VIAV
Q1 26
Q4 25
$-20.6M
$36.9M
Q3 25
$-55.2M
$22.5M
Q2 25
$-58.8M
$18.3M
Q1 25
$-61.0M
$1.0M
Q4 24
$-138.4M
$36.5M
Q3 24
$-14.3M
$6.2M
Q2 24
$-4.2M
$22.4M
FCF Margin
PLAY
PLAY
VIAV
VIAV
Q1 26
Q4 25
-4.6%
10.0%
Q3 25
-9.9%
7.5%
Q2 25
-10.4%
6.3%
Q1 25
-11.4%
0.4%
Q4 24
-30.6%
13.5%
Q3 24
-2.6%
2.6%
Q2 24
-0.7%
8.9%
Capex Intensity
PLAY
PLAY
VIAV
VIAV
Q1 26
Q4 25
17.5%
1.5%
Q3 25
16.0%
2.8%
Q2 25
27.2%
1.9%
Q1 25
31.8%
2.4%
Q4 24
29.0%
3.0%
Q3 24
20.8%
3.1%
Q2 24
19.2%
1.5%
Cash Conversion
PLAY
PLAY
VIAV
VIAV
Q1 26
Q4 25
Q3 25
2.98×
Q2 25
4.41×
2.98×
Q1 25
11.71×
0.40×
Q4 24
4.91×
Q3 24
2.53×
Q2 24
2.63×

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%

VIAV
VIAV

Segment breakdown not available.

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