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Side-by-side financial comparison of BELDEN INC. (BDC) and Krispy Kreme, Inc. (DNUT). Click either name above to swap in a different company.

BELDEN INC. is the larger business by last-quarter revenue ($696.4M vs $392.4M, roughly 1.8× Krispy Kreme, Inc.). BELDEN INC. runs the higher net margin — 7.3% vs -7.1%, a 14.4% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs -2.9%). Krispy Kreme, Inc. produced more free cash flow last quarter ($27.9M vs $-63.1M). Over the past eight quarters, BELDEN INC.'s revenue compounded faster (7.3% CAGR vs -5.9%).

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...

BDC vs DNUT — Head-to-Head

Bigger by revenue
BDC
BDC
1.8× larger
BDC
$696.4M
$392.4M
DNUT
Growing faster (revenue YoY)
BDC
BDC
+14.3% gap
BDC
11.4%
-2.9%
DNUT
Higher net margin
BDC
BDC
14.4% more per $
BDC
7.3%
-7.1%
DNUT
More free cash flow
DNUT
DNUT
$91.0M more FCF
DNUT
$27.9M
$-63.1M
BDC
Faster 2-yr revenue CAGR
BDC
BDC
Annualised
BDC
7.3%
-5.9%
DNUT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BDC
BDC
DNUT
DNUT
Revenue
$696.4M
$392.4M
Net Profit
$51.0M
$-27.8M
Gross Margin
37.1%
Operating Margin
11.2%
-1.9%
Net Margin
7.3%
-7.1%
Revenue YoY
11.4%
-2.9%
Net Profit YoY
-1.8%
-23.8%
EPS (diluted)
$1.30
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BDC
BDC
DNUT
DNUT
Q1 26
$696.4M
Q4 25
$720.1M
$392.4M
Q3 25
$698.2M
$375.3M
Q2 25
$672.0M
$379.8M
Q1 25
$624.9M
$375.2M
Q4 24
$666.0M
$404.0M
Q3 24
$654.9M
$379.9M
Q2 24
$604.3M
$438.8M
Net Profit
BDC
BDC
DNUT
DNUT
Q1 26
$51.0M
Q4 25
$67.9M
$-27.8M
Q3 25
$56.7M
$-19.4M
Q2 25
$61.0M
$-435.3M
Q1 25
$51.9M
$-33.3M
Q4 24
$58.4M
$-22.4M
Q3 24
$53.7M
$39.6M
Q2 24
$49.0M
$-5.5M
Gross Margin
BDC
BDC
DNUT
DNUT
Q1 26
37.1%
Q4 25
36.6%
Q3 25
37.7%
Q2 25
38.5%
Q1 25
39.3%
Q4 24
37.5%
Q3 24
37.3%
Q2 24
37.5%
Operating Margin
BDC
BDC
DNUT
DNUT
Q1 26
11.2%
Q4 25
12.2%
-1.9%
Q3 25
10.9%
-1.9%
Q2 25
11.8%
-114.4%
Q1 25
11.6%
-5.4%
Q4 24
10.4%
-2.8%
Q3 24
11.5%
-4.2%
Q2 24
11.4%
1.6%
Net Margin
BDC
BDC
DNUT
DNUT
Q1 26
7.3%
Q4 25
9.4%
-7.1%
Q3 25
8.1%
-5.2%
Q2 25
9.1%
-114.6%
Q1 25
8.3%
-8.9%
Q4 24
8.8%
-5.6%
Q3 24
8.2%
10.4%
Q2 24
8.1%
-1.3%
EPS (diluted)
BDC
BDC
DNUT
DNUT
Q1 26
$1.30
Q4 25
$1.70
$-0.18
Q3 25
$1.41
$-0.11
Q2 25
$1.53
$-2.55
Q1 25
$1.27
$-0.20
Q4 24
$1.41
$-0.13
Q3 24
$1.30
$0.23
Q2 24
$1.19
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDC
BDC
DNUT
DNUT
Cash + ST InvestmentsLiquidity on hand
$272.2M
$42.4M
Total DebtLower is stronger
$1.3B
$911.9M
Stockholders' EquityBook value
$1.3B
$650.1M
Total Assets
$2.6B
Debt / EquityLower = less leverage
0.98×
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
DNUT
DNUT
Q1 26
$272.2M
Q4 25
$389.9M
$42.4M
Q3 25
$314.3M
$30.7M
Q2 25
$301.5M
$21.3M
Q1 25
$259.0M
$18.7M
Q4 24
$370.3M
$29.0M
Q3 24
$323.0M
$25.4M
Q2 24
$564.8M
$28.6M
Total Debt
BDC
BDC
DNUT
DNUT
Q1 26
$1.3B
Q4 25
$911.9M
Q3 25
$906.2M
Q2 25
$889.4M
Q1 25
$935.0M
Q4 24
$844.5M
Q3 24
$804.6M
Q2 24
$895.0M
Stockholders' Equity
BDC
BDC
DNUT
DNUT
Q1 26
$1.3B
Q4 25
$1.3B
$650.1M
Q3 25
$1.2B
$670.3M
Q2 25
$1.2B
$693.6M
Q1 25
$1.2B
$1.1B
Q4 24
$1.3B
$1.1B
Q3 24
$1.2B
$1.2B
Q2 24
$1.2B
$1.1B
Total Assets
BDC
BDC
DNUT
DNUT
Q1 26
Q4 25
$3.5B
$2.6B
Q3 25
$3.4B
$2.6B
Q2 25
$3.4B
$2.6B
Q1 25
$3.3B
$3.1B
Q4 24
$3.3B
$3.1B
Q3 24
$3.3B
$3.1B
Q2 24
$3.5B
$3.2B
Debt / Equity
BDC
BDC
DNUT
DNUT
Q1 26
0.98×
Q4 25
1.40×
Q3 25
1.35×
Q2 25
1.28×
Q1 25
0.85×
Q4 24
0.74×
Q3 24
0.68×
Q2 24
0.79×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDC
BDC
DNUT
DNUT
Operating Cash FlowLast quarter
$45.0M
Free Cash FlowOCF − Capex
$-63.1M
$27.9M
FCF MarginFCF / Revenue
-9.1%
7.1%
Capex IntensityCapex / Revenue
6.4%
4.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$180.4M
$-64.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
DNUT
DNUT
Q1 26
Q4 25
$160.4M
$45.0M
Q3 25
$105.0M
$42.3M
Q2 25
$82.0M
$-32.5M
Q1 25
$7.4M
$-20.8M
Q4 24
$174.7M
$27.0M
Q3 24
$91.7M
$3.3M
Q2 24
$83.0M
$33.2M
Free Cash Flow
BDC
BDC
DNUT
DNUT
Q1 26
$-63.1M
Q4 25
$121.3M
$27.9M
Q3 25
$65.3M
$15.5M
Q2 25
$56.9M
$-60.8M
Q1 25
$-24.8M
$-46.7M
Q4 24
$116.4M
$-6.9M
Q3 24
$67.2M
$-22.9M
Q2 24
$61.0M
$1.6M
FCF Margin
BDC
BDC
DNUT
DNUT
Q1 26
-9.1%
Q4 25
16.8%
7.1%
Q3 25
9.4%
4.1%
Q2 25
8.5%
-16.0%
Q1 25
-4.0%
-12.5%
Q4 24
17.5%
-1.7%
Q3 24
10.3%
-6.0%
Q2 24
10.1%
0.4%
Capex Intensity
BDC
BDC
DNUT
DNUT
Q1 26
6.4%
Q4 25
5.4%
4.4%
Q3 25
5.7%
7.1%
Q2 25
3.7%
7.4%
Q1 25
5.2%
6.9%
Q4 24
8.8%
8.4%
Q3 24
3.7%
6.9%
Q2 24
3.6%
7.2%
Cash Conversion
BDC
BDC
DNUT
DNUT
Q1 26
Q4 25
2.36×
Q3 25
1.85×
Q2 25
1.34×
Q1 25
0.14×
Q4 24
2.99×
Q3 24
1.71×
0.08×
Q2 24
1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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