Dine Brands Global (DIN) Q4 2025 Earnings
Reported Feb 25, 2026 at 7:15 AM ET · SEC Source
Q4 25 EPS
$1.46
BEAT +38.23%
Est. $1.06
Q4 25 Revenue
$217.6M
MISS 3.83%
Est. $226.3M
vs S&P Since Q4 25
+10.0%
BEATING MARKET
DIN +18.2% vs S&P +8.2%
Full Year 2025 Results
FY 25 EPS
$4.45
FY 25 Revenue
$879.3M
Market Reaction
Did DIN Beat Earnings? Q4 2025 Results
Dine Brands Global delivered a sharply split Q4 2025, with adjusted earnings beating Wall Street's expectations by a wide margin even as revenue fell short of forecasts. The parent of Applebee's and IHOP posted non-GAAP EPS of $1.46, well ahead of th… Read more Dine Brands Global delivered a sharply split Q4 2025, with adjusted earnings beating Wall Street's expectations by a wide margin even as revenue fell short of forecasts. The parent of Applebee's and IHOP posted non-GAAP EPS of $1.46, well ahead of the $1.06 consensus estimate, while revenue of $217.60 million rose 6.3% year over year but trailed the $226.27 million analysts had anticipated. The headline GAAP picture was murkier: a $29.00 million non-cash intangible asset impairment charge helped push the company to a net loss of $12.20 million, or $0.93 per diluted share, reversing net income of $5.20 million a year ago. Consolidated adjusted EBITDA climbed to $59.80 million from $50.10 million, supported by the company's ongoing conversion of franchise locations to company-owned restaurants. With broader economic sentiment weighing on casual dining, management's FY2026 guidance of flat-to-2% domestic comparable sales growth for both brands, alongside adjusted EBITDA of $220 million to $230 million, signals cautious but steady expectations heading into the new fiscal year.
Key Takeaways
- • Higher company-owned restaurant sales from acquisitions of Applebee's and IHOP restaurants from franchisees
- • Applebee's full-year domestic comps improved to +1.3% from -4.2% in prior year
- • IHOP Q4 domestic comps increased 0.3%
- • Off-premise sales accounted for 23.0% of Applebee's and 21.2% of IHOP sales mix in Q4
- • Dual-branded restaurant strategy driving development momentum with 28 domestic and 18 international openings in 2025
- • Recovery of fees from a franchisee reduced G&A in Q4
DIN YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
DIN Revenue by Segment
With YoY comparisons, source: SEC Filings
“In 2025 our brands' performance improved as we made meaningful progress against our strategic priorities by strengthening the fundamentals of the business and positioning our brands for long-term growth.”
— John Peyton, Q4 2025 Earnings Press Release
DIN Earnings Trends
DIN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
DIN EPS Trend
Earnings per share: estimate vs actual
DIN Revenue Trend
Quarterly revenue: estimate vs actual
DIN Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.00 | $1.07 | +6.64% | $225.2M | +1.27% |
| Q4 25 BEAT FY | $1.06 | $1.46 | +38.23% | $217.6M | -3.83% |
| FY Full Year | — | $4.45 | — | $879.3M | — |
| Q3 25 MISS | $0.99 | $0.73 | -26.26% | $216.2M | -2.00% |
| Q2 25 MISS | $1.45 | $1.17 | -19.35% | $230.8M | +3.30% |