7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.9% per year over the past 5 years.
Operating margin has contracted, at -30.8% in the latest year.
Financial health
Total debt ($978M) exceeds cash ($42M); net debt is $935M.
Total debt has grown slower than revenue (4.3% vs 7.9% per year).
The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Shareholder returns
Dividends have been paid for 7 consecutive years.
The dividend has grown 310.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.5B
-$524M
0.0%
-30.8%
-$64M
$978M
$42M
2024
$1.7B
$4M
0.0%
-0.5%
-$75M
$901M
$29M
2023
$1.7B
-$37M
0.0%
0.8%
-$76M
$891M
$38M
2023
$1.5B
-$9M
0.0%
1.9%
$28M
$779M
$35M
2022
$1.4B
-$15M
0.0%
3.0%
$22M
$717M
$39M
2021
$1.1B
-$64M
0.0%
0.4%
-$69M
$827M
$37M
2019
$959M
-$37M
0.0%
4.0%
$4M
—
$35M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$367M
-$23M
0.0%
-1.0%
$11M
$888M
$74M
Dec '25
$392M
-$28M
0.0%
-1.9%
$28M
$978M
$42M
Sep '25
$375M
-$19M
0.0%
-1.9%
$16M
$979M
$31M
Jun '25
$380M
-$435M
0.0%
-114.4%
-$61M
$957M
$21M
Mar '25
$375M
-$33M
0.0%
-5.4%
-$47M
$990M
$19M
Dec '24
$404M
-$22M
0.0%
-2.8%
-$7M
$901M
$29M
Sep '24
$380M
$40M
0.0%
-4.2%
-$23M
$852M
$25M
Jun '24
$439M
-$5M
0.0%
1.6%
$2M
$955M
$29M
Mar '24
$443M
-$9M
0.0%
2.7%
-$47M
$942M
$33M
Dec '23
$451M
$3M
0.0%
-1.2%
-$31M
$891M
$38M
Oct '23
$407M
-$40M
0.0%
-0.5%
-$37M
$871M
$26M
Jul '23
$409M
$223000
0.0%
1.4%
$8M
$855M
$27M
Apr '23
$419M
-$301000
0.0%
3.6%
-$16M
$817M
$30M
Jan '23
$405M
-$3M
0.0%
1.3%
$32M
$779M
$35M
Oct '22
$378M
-$13M
0.0%
-0.3%
-$7M
$779M
$28M
Jul '22
$375M
-$4M
0.0%
2.0%
$4M
$726M
$26M
Apr '22
$373M
$4M
0.0%
4.6%
-$1M
$717M
$32M
Jan '22
$371M
$1M
0.0%
4.4%
$6M
$717M
$39M
Oct '21
$343M
-$6M
0.0%
0.5%
$11M
$721M
$45M
Jul '21
$349M
-$17M
0.0%
2.6%
-$6M
$1.2B
$37M
Valuation over time
How the market has priced DNUT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 448.7× (Dec '24) to 188.7× (Nov '25).
The price-to-sales ratio has fallen from 1.8× (Mar '23) to 0.4× (Jun '26).
The dividend yield has risen from 0.9% (Mar '23) to 1.9% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is DNUT growing its revenue and profit?
Over the past 5 years, Krispy Kreme, Inc.'s revenue has grown 7.9% per year. These are computed facts, not advice.
How much debt does DNUT have?
As of FY2025, Krispy Kreme, Inc. reported $978M of total debt against $42M of cash.
What is DNUT's profit margin?
In FY2025, gross margin was —, operating margin -30.8%, and net margin -34.4%.
What is DNUT's P/E ratio?
As of Jun '26, Krispy Kreme, Inc. traded at a price-to-earnings ratio of about 188.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.