DNUT Financials Krispy Kreme, Inc.

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 41 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$1.5B	-$524M	0.0%	-30.8%	-80.6%	-20.2%	-$64M	$978M	$42M
2024	$1.7B	$4M	0.0%	-0.5%	0.3%	0.1%	-$75M	$901M	$29M
2023	$1.7B	-$37M	0.0%	0.8%	-3.1%	-1.1%	-$76M	$891M	$38M
2023	$1.5B	-$9M	0.0%	1.9%	-0.7%	-0.3%	$28M	$779M	$35M
2022	$1.4B	-$15M	0.0%	3.0%	-1.2%	-0.5%	$22M	$717M	$39M
2021	$1.1B	-$64M	0.0%	0.4%	-9.4%	-2.1%	-$69M	$827M	$37M
2019	$959M	-$37M	0.0%	4.0%	—	—	$4M	—	$35M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$331M	-$20M	0.0%	-3.3%	-3.3%	-0.9%	-$18M	$865M	$22M
Mar '26	$367M	-$23M	0.0%	-1.0%	-3.6%	-1.0%	$11M	$888M	$74M
Dec '25	$392M	-$28M	0.0%	-1.9%	-4.3%	-1.1%	$28M	$978M	$42M
Sep '25	$375M	-$19M	0.0%	-1.9%	-2.9%	-0.7%	$16M	$979M	$31M
Jun '25	$380M	-$435M	0.0%	-114.4%	-62.8%	-16.5%	-$61M	$957M	$21M
Mar '25	$375M	-$33M	0.0%	-5.4%	-3.0%	-1.1%	-$47M	$990M	$19M
Dec '24	$404M	-$22M	0.0%	-2.8%	-2.0%	-0.7%	-$7M	$901M	$29M
Sep '24	$380M	$40M	0.0%	-4.2%	3.4%	1.3%	-$23M	$852M	$25M
Jun '24	$439M	-$5M	0.0%	1.6%	-0.5%	-0.2%	$2M	$955M	$29M
Mar '24	$443M	-$9M	0.0%	2.7%	-0.7%	-0.3%	-$47M	$942M	$33M
Dec '23	$451M	$3M	0.0%	-1.2%	0.2%	0.1%	-$31M	$891M	$38M
Oct '23	$407M	-$40M	0.0%	-0.5%	-3.5%	-1.3%	-$37M	$871M	$26M
Jul '23	$409M	$223000	0.0%	1.4%	0.0%	0.0%	$8M	$855M	$27M
Apr '23	$419M	-$301000	0.0%	3.6%	-0.0%	-0.0%	-$16M	$817M	$30M
Jan '23	$405M	-$3M	0.0%	1.3%	-0.2%	-0.1%	$32M	$779M	$35M
Oct '22	$378M	-$13M	0.0%	-0.3%	-1.1%	-0.4%	-$7M	$779M	$28M
Jul '22	$375M	-$4M	0.0%	2.0%	-0.3%	-0.1%	$4M	$726M	$26M
Apr '22	$373M	$4M	0.0%	4.6%	0.3%	0.1%	-$1M	$717M	$32M
Jan '22	$371M	$1M	0.0%	4.4%	0.1%	0.0%	$6M	$717M	$39M
Oct '21	$343M	-$6M	0.0%	0.5%	-0.5%	-0.2%	$11M	$721M	$45M

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 451.6× (Dec '24) to 189.9× (Nov '25).
The price-to-sales ratio has fallen from 1.8× (Mar '23) to 0.4× (Sep '26).
The dividend yield has risen from 0.9% (Mar '23) to 2.1% (Sep '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 Sep '26, Krispy Kreme, Inc. traded at a price-to-earnings ratio of about 189.9× (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.