DNUT · Krispy Kreme, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $367.03M | - | $375.30M | $379.77M | $375.18M | - | $379.87M | $438.81M | $442.70M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $58.03M | - | $49.39M | $62.92M | $59.41M | - | $71.11M | $64.47M | $71.57M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $32.12M | - | $33.45M | $35.78M | $33.90M | - | $31.38M | $34.60M | $33.59M | - |
| Operating Income | ($3.63M) | - | ($7.18M) | ($434.55M) | ($20.27M) | - | ($16.00M) | $6.86M | $11.91M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $3.58M | - | ($2.82M) | ($20.45M) | ($2.67M) | - | $17.68M | ($3.61M) | $4.26M | - |
| Net Income | ($22.78M) | - | ($19.44M) | ($435.26M) | ($33.28M) | - | $39.56M | ($5.49M) | ($8.53M) | - |
| EPS - Basic | ($0.16) | - | ($0.11) | ($2.55) | ($0.20) | - | $0.23 | ($0.03) | ($0.05) | - |
| EPS - Diluted | ($0.16) | - | ($0.11) | ($2.55) | ($0.20) | - | $0.23 | ($0.03) | ($0.05) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $74.22M | $42.39M | $30.71M | $21.26M | $18.72M | $28.96M | $25.41M | $28.63M | $33.13M | $38.19M |
| Accounts Receivable | $53.46M | $55.74M | $53.84M | $57.25M | $69.31M | $57.44M | $62.02M | $57.35M | $57.29M | $45.86M |
| Inventory | $27.22M | $26.88M | $28.08M | $33.70M | $31.52M | $28.13M | $31.49M | $39.46M | $39.26M | $34.72M |
| Accounts Payable | $130.71M | $134.38M | $116.54M | $97.44M | $117.18M | $123.32M | $123.13M | $135.20M | $128.56M | $156.49M |
| Current Assets | $186.86M | $174.45M | $161.79M | $154.56M | $157.99M | $172.94M | $164.33M | $168.17M | $174.01M | $173.58M |
| Total Assets | $2.39B | $2.59B | $2.60B | $2.63B | $3.09B | $3.07B | $3.07B | $3.22B | $3.23B | $3.24B |
| Current Liabilities | $445.97M | $457.28M | $448.93M | $457.61M | $449.46M | $486.17M | $475.47M | $493.57M | $490.06M | $525.59M |
| Long-term Debt | $829.65M | - | $906.21M | $889.44M | $934.97M | - | $804.64M | $894.98M | $881.78M | - |
| Total Liabilities | $1.75B | $1.92B | $1.91B | $1.91B | $1.96B | $1.91B | $1.86B | $1.99B | $1.99B | $1.98B |
| Stockholders' Equity | $631.79M | $650.12M | $670.27M | $693.59M | $1.10B | $1.13B | $1.18B | $1.14B | $1.15B | $1.17B |
| Retained Earnings | ($844.17M) | ($821.39M) | ($793.61M) | ($774.16M) | ($338.89M) | ($299.64M) | ($271.24M) | ($304.84M) | ($293.43M) | ($278.99M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $20.17M | - | - | - | ($20.83M) | - | - | - | ($17.70M) | - |
| Investing Cash Flow | $100.05M | - | - | - | ($25.81M) | - | - | - | ($29.05M) | - |
| Financing Cash Flow | ($88.10M) | - | - | - | $36.80M | - | - | - | $43.58M | - |
| CapEx | $8.78M | - | - | - | $25.90M | - | - | - | $29.06M | - |
| Free Cash Flow | $11.38M | - | - | - | ($46.73M) | - | - | - | ($46.77M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -1.0% | - | -1.9% | -114.4% | -5.4% | - | -4.2% | 1.6% | 2.7% | - |
| EBITDA margin | 7.8% | - | 7.0% | -105.0% | 3.6% | - | 4.0% | 9.4% | 10.3% | - |
| Net margin | -6.2% | - | -5.2% | -114.6% | -8.9% | - | 10.4% | -1.3% | -1.9% | - |
| Free cash flow margin | 3.1% | - | - | - | -12.5% | - | - | - | -10.6% | - |
| FCF / Net income | -0.50 | - | - | - | 1.40 | - | - | - | 5.48 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 15.8% | - | 13.2% | 16.6% | 15.8% | - | 18.7% | 14.7% | 16.2% | - |
| Effective tax rate | - | - | - | - | - | - | 30.9% | - | - | - |
| Return on assets | -1.0% | - | -0.7% | -16.5% | -1.1% | - | 1.3% | -0.2% | -0.3% | - |
| Return on equity | -3.6% | - | -2.9% | -62.8% | -3.0% | - | 3.4% | -0.5% | -0.7% | - |
| Return on invested capital | -0.2% | - | -0.4% | -21.7% | -0.8% | - | -0.6% | 0.3% | 0.5% | - |
| Liquidity | ||||||||||
| Current ratio | 0.42 | 0.38 | 0.36 | 0.34 | 0.35 | 0.36 | 0.35 | 0.34 | 0.36 | 0.33 |
| Quick ratio | 0.36 | 0.32 | 0.30 | 0.26 | 0.28 | 0.30 | 0.28 | 0.26 | 0.27 | 0.26 |
| Cash ratio | 0.17 | 0.09 | 0.07 | 0.05 | 0.04 | 0.06 | 0.05 | 0.06 | 0.07 | 0.07 |
| Leverage | ||||||||||
| Debt / Equity | 1.31 | - | 1.35 | 1.28 | 0.85 | - | 0.68 | 0.79 | 0.76 | - |
| Debt / Assets | 0.35 | - | 0.35 | 0.34 | 0.30 | - | 0.26 | 0.28 | 0.27 | - |
| Debt / EBITDA | 29.12 | - | 34.50 | - | 68.59 | - | 52.34 | 21.59 | 19.38 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.78 | 3.99 | 3.88 | 3.79 | 2.80 | 2.71 | 2.60 | 2.84 | 2.80 | 2.77 |
| Liabilities / Assets | 0.73 | 0.74 | 0.73 | 0.73 | 0.63 | 0.62 | 0.61 | 0.62 | 0.61 | 0.61 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.14 | 0.14 | 0.12 | - | 0.12 | 0.14 | 0.14 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 53d | - | 52d | 55d | 67d | - | 60d | 48d | 47d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | 47.5x | - | - | - |
| P / B | 0.9x | - | 0.9x | 0.7x | 0.8x | - | 1.6x | 1.6x | 2.2x | - |
| P / S | 1.5x | - | 1.6x | 1.2x | 2.3x | - | 4.9x | 4.1x | 5.8x | - |
| EV / EBITDA | 46.0x | - | 55.7x | - | 129.7x | - | 172.5x | 64.8x | 75.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.2% | - | -1.2% | -13.5% | -15.3% | - | -6.8% | 7.3% | 5.7% | - |
| Revenue CAGR (3y) | -4.3% | - | -0.2% | 0.4% | 0.2% | - | 9.4% | 7.9% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 82.1% | - | 55.1% | - | - | - | -657.4% | 21.5% | -20.3% | - |
| Net income growth (YoY) | 31.5% | - | - | -7826.8% | -290.0% | - | - | - | -2735.2% | - |
| EPS growth (YoY) | 20.0% | - | - | -8400.0% | -300.0% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 0.1% | - | - | - | -188.9% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -42.6% | -42.7% | -43.2% | -38.9% | -4.5% | -3.0% | 2.4% | -6.1% | -4.2% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$1.52B totalUSSegment$913.05M · 60.0%
International Segment$535.09M · 35.1%
Market Development Segment$74.48M · 4.9%
Product / service
$3.02B totalProduct$1.49B · 49.3%
Finished Product In Shops$1.45B · 47.9%
Mix And Equipment Revenue From Franchisees$40.91M · 1.4%
Royalty$36.50M · 1.2%
Shipping And Handling$4.40M · 0.1%
Advertising$3.40M · 0.1%
Geographic
$1.52B totalUS$937.75M · 61.6%
All Other$182.36M · 12.0%
GB$159.47M · 10.5%
MX$125.16M · 8.2%
Australia New Zealand$117.88M · 7.7%
Peer comparison
Same SIC group: Retail-Food Stores
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| BBXIA/B | $307.26M | -20.8% | -26.0% |
Comparing Krispy Kreme against the 1 most active filer in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 23, 2025 | $0.0350 |
| Jan 22, 2025 | $0.0350 |
| Oct 23, 2024 | $0.0350 |
| Jul 24, 2024 | $0.0350 |
| Apr 23, 2024 | $0.0350 |
| Jan 23, 2024 | $0.0350 |
| Oct 25, 2023 | $0.0350 |
| Jul 25, 2023 | $0.0350 |
| Apr 25, 2023 | $0.0350 |
| Jan 24, 2023 | $0.0350 |
| Oct 25, 2022 | $0.0350 |
| Jul 26, 2022 | $0.0350 |
| Apr 26, 2022 | $0.0350 |
| Jan 25, 2022 | $0.0350 |
| Oct 26, 2021 | $0.0350 |