Q2 26 EPS
$1.16
MISS 3.28%
Est. $1.20
Q2 26 Revenue
$240.9M
BEAT +1.53%
Est. $237.3M
vs S&P Since Q2 26
-0.1%
TRAILING MARKET
DIN +0.4% vs S&P +0.5%
Market Reaction
Did DIN Beat Earnings? Q2 2026 Results
Dine Brands Global delivered a split verdict in Q2 2026, beating on revenue while falling short on the bottom line, as the company's accelerating push into company-owned restaurants reshaped its financial profile in ways that weighed on profitability… Read more Dine Brands Global delivered a split verdict in Q2 2026, beating on revenue while falling short on the bottom line, as the company's accelerating push into company-owned restaurants reshaped its financial profile in ways that weighed on profitability. Revenue rose 4.4% year over year to $240.90 million, edging past the $237.27 million consensus estimate by 1.53%, but adjusted EPS of $1.16 missed the $1.20 consensus by 3.28%, essentially flat with the $1.17 reported in Q2 2025. The key driver of the divergence was the company's acquisition of 60 Applebee's restaurants from franchisees since February 2026, which nearly doubled company-owned restaurant revenues to $47.30 million but also produced a segment-level operating loss as related expenses of $49.10 million exceeded that revenue. GAAP net income fell sharply to $4.30 million from $13.80 million a year ago, and adjusted EBITDA slipped to $54.20 million from $56.20 million. IHOP provided a bright spot with domestic comparable sales up 1.5%, while Applebee's comps declined 1.8%. Management maintained its fiscal 2026 guidance, expressing confidence in the dual-brand expansion and long-term growth initiatives heading into the second half.
Key Takeaways
- • IHOP domestic comparable same-restaurant sales increased 1.5%, marking third consecutive quarter of industry outperformance on sales and traffic
- • Applebee's domestic comparable same-restaurant sales decreased 1.8%
- • Company-owned restaurant revenues grew to $47.3M from $28.2M driven by acquisitions of restaurants from franchisees
- • Fuzzy's Taco Shop domestic comparable same-restaurant sales increased 4.6%
- • Everyday value platform, barbell marketing strategy, and investment in guest experience cited as working across brands
- • IHOP off-premise sales mix at 20.2%; Applebee's off-premise at 22.8%
DIN Forward Guidance & Outlook
The company maintained its fiscal 2026 financial performance guidance. Management expressed confidence in long-term growth initiatives entering the second half of the year, including the continued expansion of the dual brand program.
DIN YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
DIN Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the second quarter, our brands made meaningful progress in an environment in which consumers remain focused on affordability and value, highlighted by IHOP's third consecutive quarter of industry outperformance on both sales and traffic.”
— John Peyton, Q2 2026 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
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 MISS | $1.20 | $1.16 | -3.28% | $240.9M | +1.53% |
| 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% |