DNUT
Krispy Kreme, Inc.
DNUT lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
DNUT Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Stable | |
| Weak |
DNUT's profitability and cash flow are currently stable, but its revenue and balance sheet are under pressure.
DNUT PE Valuation
DNUT has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 48x next year's earnings.
DNUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect DNUT to return to profit, with revenue holding steady. However, they disagree widely on these estimates.
DNUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.08 | — |
| Q3 2026 | -$0.54 | +$2.45 |
| Q2 2026 | -$0.57 | +$2.08 |
| Q1 2026 | -$3.00 | -$2.87 |
| Q4 2025 | -$3.04 | -15300% |
| Q3 2025 | -$2.99 | -1969% |
| Q2 2025 | -$2.65 | -$2.34 |
| Q1 2025 | -$0.13 | +$0.15 |
| Q4 2024 | $0.02 | +$0.25 |
DNUT lost $0.54 per share over the past year, a smaller loss than the year before.
DNUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $328.8M | -12% |
| Q2 2026 | $331M | -13% |
| Q1 2026 | $367M | -2.2% |
| Q4 2025 | $392.4M | -2.9% |
| Q3 2025 | $375.3M | -1.2% |
| Q2 2025 | $379.8M | -13% |
| Q1 2025 | $375.2M | -15% |
| Q4 2024 | $404M | -10% |
DNUT's revenue has slid since its 2023 peak: $329M last quarter, down 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -2.7% | -0.8 points |
| Q2 2026 | -3.3% | +111 points |
| Q1 2026 | -1% | +4.4 points |
| Q4 2025 | -1.9% | +1 points |
| Q3 2025 | -1.9% | +2.3 points |
| Q2 2025 | -114% | -116 points |
| Q1 2025 | -5.4% | -8.1 points |
| Q4 2024 | -2.9% | -1.7 points |
DNUT's operating margin was −2.7% last quarter, down 0.8 points from the same quarter a year ago.
DNUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$3.8M | -125% |
| Q2 2026 | -$17.5M | +$43.2M |
| Q1 2026 | $11.4M | +$58.1M |
| Q4 2025 | $27.9M | +$34.8M |
| Q3 2025 | $15.5M | +$38.4M |
| Q2 2025 | -$60.8M | -3997% |
| Q1 2025 | -$46.7M | +$38K |
| Q4 2024 | -$6.9M | +$24.4M |
DNUT's free cash flow has turned positive after six years mostly in the red: $18M over the past year.
DNUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +900K shares |
| 1 year | +1.4% | +2.3M shares |
| 3 years | +3.1% | +5.3M shares |
| 5 years | +4.5% | +7.4M shares |
| Available history | +8.6% | +13.8M shares |
DNUT has 173M diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $208,000 |
| Q2 2026 | $125,000 |
| Q1 2026 | $402,000 |
| Q4 2025 | $166,000 |
| Q3 2025 | $397,000 |
| Q2 2025 | $664,000 |
| Q1 2025 | $123,000 |
| Q4 2024 | $1.1M |
DNUT spent $901,000 buying back its own shares over the past year, down 61% from the year before.
DNUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 9.4x | High |
| Q2 2026 | 8.7x | High |
| Q1 2025 | 10.4x | High |
| Q4 2024 | 7.0x | High |
| Q3 2024 | 6.2x | High |
| Q2 2024 | 6.3x | High |
| Q1 2024 | 6.4x | High |
| Q4 2023 | 6.1x | High |
DNUT's net debt is about 9.4 years of its operating earnings (EBITDA), up from 6.2 years a year ago.
DNUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.1 | Neutral |
| Stochastic | 51.3 | Neutral |
DNUT's weekly RSI is 55 (neutral) and its Stochastic is 51 (neutral).
DNUT PE vs Consumer Defensive Sector
| Metric | DNUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
DNUT has no meaningful PE right now: it lost money over the past year.
DNUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.22 | 15% above |
| 20 week MA | $3.28 | 13% above |
| 50 week MA | $3.50 | 6% above |
| 100 week MA | $4.17 | 11% below |
| 200 week MA | $8.55 | 57% below |
DNUT has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 57% below its 200-week average.
DNUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $19.1 | $16.9 | -12% |
| 2022 | $16.9 | $10.5 | -38% |
| 2023 | $10.5 | $15.1 | +44% |
| 2024 | $15.1 | $9.78 | -35% |
| 2025 | $9.78 | $4.28 | -56% |
| 2026 YTD | $4.28 | $3.71 | -13% |
DNUT has finished lower in four of the last five years. It's down 13% so far in 2026.