Dine Brands Global, Inc. Revenue Disclosure
| 2025 | 2024 | 2023 | ||||||||||||||||||
| Franchise Revenues | (In millions) | |||||||||||||||||||
| Royalties | $ | 307.8 | $ | 313.4 | $ | 325.6 | ||||||||||||||
| Advertising fees | 281.8 | 290.4 | 300.8 | |||||||||||||||||
| Proprietary product sales and other | 66.9 | 72.4 | 71.1 | |||||||||||||||||
| Franchise and development fees | 9.0 | 9.7 | 8.9 | |||||||||||||||||
| Total franchise revenues | $ | 665.5 | $ | 686.0 | $ | 706.4 | ||||||||||||||
| Deferred Franchise Revenue (short- and long-term) | ||||||||
| (In millions) | ||||||||
Balance at December 29, 2024 | $ | 42.7 | ||||||
Recognized during the year | (8.6) | |||||||
Deferred during the year | 5.7 | |||||||
Balance at December 28, 2025 | $ | 39.8 | ||||||
Fiscal Years | (In millions) | |||||||
| 2026 | $ | 5.6 | ||||||
| 2027 | 4.7 | |||||||
| 2028 | 3.8 | |||||||
| 2029 | 3.3 | |||||||
| 2030 | 3.0 | |||||||
| Thereafter | 19.4 | |||||||
| Total | $ | 39.8 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 2, 2022 | |
| 2020 | Mar 2, 2021 | |
| 2019 | Feb 24, 2020 | |
| 2018 | Feb 21, 2019 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.