Earnings Releases·Nov 4, 2026, 7:15 AM ET

Dine Brands Global, Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 total revenues rose 15.1% year-over-year to $248.9 million, driven by $36.9 million in company-owned revenue growth from acquisitions and new openings, while GAAP net income declined to $4.5 million ($0.37/share) from $7.0 million ($0.48/share) in the prior year period.
Adjusted EBITDA remained flat at $49.0 million for the quarter, though full-year-to-date Adjusted EBITDA fell to $154.0 million from $159.9 million, with operating cash flow for the first nine months dropping to $37.8 million from $83.3 million due to timing of marketing spend and higher compensation.
Comparable domestic same-restaurant sales increased 0.9% for Applebee's and 0.8% for IHOP, while Fuzzy's Taco Shop sales decreased 2.7%; the company opened 23 new restaurants and closed 28 in the quarter, including seven dual-branded locations.
Capital return activity included $6.5 million in common stock repurchases and $2.4 million in dividends paid during the third quarter, bringing total repurchases to $35.9 million and dividends to $7.2 million for the first nine months of 2026.
The company maintains a strong liquidity position with $173.6 million in total cash and restricted cash (including $91.1 million unrestricted) and approximately $224.5 million in available borrowing capacity under its 2025 Variable Funding Senior Notes.