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Side-by-side financial comparison of Credo Technology Group Holding Ltd (CRDO) and Krispy Kreme, Inc. (DNUT). Click either name above to swap in a different company.

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $268.0M, roughly 1.5× Credo Technology Group Holding Ltd). Credo Technology Group Holding Ltd runs the higher net margin — 30.8% vs -7.1%, a 37.9% gap on every dollar of revenue. On growth, Credo Technology Group Holding Ltd posted the faster year-over-year revenue change (272.1% vs -2.9%). Credo Technology Group Holding Ltd produced more free cash flow last quarter ($38.5M vs $27.9M). Over the past eight quarters, Credo Technology Group Holding Ltd's revenue compounded faster (124.8% CAGR vs -5.9%).

Seiko Group is a corporate group composed of Seiko Group Corporation and its subsidiaries and affiliates. It used to be recognized as a corporate group consisting of three core companies Seiko Holdings Corp., Seiko Instruments Inc., and Seiko Epson Corp. The three companies were linked by a common thread of timepiece technology. Although Epson still develops and manufactures wristwatches for the Seiko Group, Epson and its subsidiaries are not considered part of the group.

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...

CRDO vs DNUT — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.5× larger
DNUT
$392.4M
$268.0M
CRDO
Growing faster (revenue YoY)
CRDO
CRDO
+275.0% gap
CRDO
272.1%
-2.9%
DNUT
Higher net margin
CRDO
CRDO
37.9% more per $
CRDO
30.8%
-7.1%
DNUT
More free cash flow
CRDO
CRDO
$10.5M more FCF
CRDO
$38.5M
$27.9M
DNUT
Faster 2-yr revenue CAGR
CRDO
CRDO
Annualised
CRDO
124.8%
-5.9%
DNUT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
CRDO
CRDO
DNUT
DNUT
Revenue
$268.0M
$392.4M
Net Profit
$82.6M
$-27.8M
Gross Margin
67.5%
Operating Margin
29.4%
-1.9%
Net Margin
30.8%
-7.1%
Revenue YoY
272.1%
-2.9%
Net Profit YoY
2055.9%
-23.8%
EPS (diluted)
$0.44
$-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
CRDO
CRDO
DNUT
DNUT
Q4 25
$268.0M
$392.4M
Q3 25
$223.1M
$375.3M
Q2 25
$170.0M
$379.8M
Q1 25
$135.0M
$375.2M
Q4 24
$72.0M
$404.0M
Q3 24
$59.7M
$379.9M
Q2 24
$60.8M
$438.8M
Q1 24
$53.1M
$442.7M
Net Profit
CRDO
CRDO
DNUT
DNUT
Q4 25
$82.6M
$-27.8M
Q3 25
$63.4M
$-19.4M
Q2 25
$36.6M
$-435.3M
Q1 25
$29.4M
$-33.3M
Q4 24
$-4.2M
$-22.4M
Q3 24
$-9.5M
$39.6M
Q2 24
$-10.5M
$-5.5M
Q1 24
$428.0K
$-8.5M
Gross Margin
CRDO
CRDO
DNUT
DNUT
Q4 25
67.5%
Q3 25
67.4%
Q2 25
67.2%
Q1 25
63.6%
Q4 24
63.2%
Q3 24
62.4%
Q2 24
65.8%
Q1 24
61.4%
Operating Margin
CRDO
CRDO
DNUT
DNUT
Q4 25
29.4%
-1.9%
Q3 25
27.2%
-1.9%
Q2 25
19.9%
-114.4%
Q1 25
19.4%
-5.4%
Q4 24
-11.7%
-2.8%
Q3 24
-24.2%
-4.2%
Q2 24
-13.0%
1.6%
Q1 24
-11.1%
2.7%
Net Margin
CRDO
CRDO
DNUT
DNUT
Q4 25
30.8%
-7.1%
Q3 25
28.4%
-5.2%
Q2 25
21.5%
-114.6%
Q1 25
21.7%
-8.9%
Q4 24
-5.9%
-5.6%
Q3 24
-16.0%
10.4%
Q2 24
-17.2%
-1.3%
Q1 24
0.8%
-1.9%
EPS (diluted)
CRDO
CRDO
DNUT
DNUT
Q4 25
$0.44
$-0.18
Q3 25
$0.34
$-0.11
Q2 25
$0.22
$-2.55
Q1 25
$0.16
$-0.20
Q4 24
$-0.03
$-0.13
Q3 24
$-0.06
$0.23
Q2 24
$-0.06
$-0.03
Q1 24
$0.00
$-0.05

Balance Sheet & Financial Strength

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

Metric
CRDO
CRDO
DNUT
DNUT
Cash + ST InvestmentsLiquidity on hand
$813.6M
$42.4M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$1.3B
$650.1M
Total Assets
$1.4B
$2.6B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRDO
CRDO
DNUT
DNUT
Q4 25
$813.6M
$42.4M
Q3 25
$479.6M
$30.7M
Q2 25
$431.3M
$21.3M
Q1 25
$379.2M
$18.7M
Q4 24
$383.0M
$29.0M
Q3 24
$398.6M
$25.4M
Q2 24
$410.0M
$28.6M
Q1 24
$409.1M
$33.1M
Total Debt
CRDO
CRDO
DNUT
DNUT
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
Q1 24
$881.8M
Stockholders' Equity
CRDO
CRDO
DNUT
DNUT
Q4 25
$1.3B
$650.1M
Q3 25
$781.4M
$670.3M
Q2 25
$681.6M
$693.6M
Q1 25
$618.2M
$1.1B
Q4 24
$567.9M
$1.1B
Q3 24
$553.1M
$1.2B
Q2 24
$540.2M
$1.1B
Q1 24
$534.0M
$1.2B
Total Assets
CRDO
CRDO
DNUT
DNUT
Q4 25
$1.4B
$2.6B
Q3 25
$905.2M
$2.6B
Q2 25
$809.3M
$2.6B
Q1 25
$719.9M
$3.1B
Q4 24
$638.6M
$3.1B
Q3 24
$644.9M
$3.1B
Q2 24
$601.9M
$3.2B
Q1 24
$592.5M
$3.2B
Debt / Equity
CRDO
CRDO
DNUT
DNUT
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×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
CRDO
CRDO
DNUT
DNUT
Operating Cash FlowLast quarter
$61.7M
$45.0M
Free Cash FlowOCF − Capex
$38.5M
$27.9M
FCF MarginFCF / Revenue
14.4%
7.1%
Capex IntensityCapex / Revenue
8.7%
4.4%
Cash ConversionOCF / Net Profit
0.75×
TTM Free Cash FlowTrailing 4 quarters
$143.6M
$-64.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRDO
CRDO
DNUT
DNUT
Q4 25
$61.7M
$45.0M
Q3 25
$54.2M
$42.3M
Q2 25
$57.8M
$-32.5M
Q1 25
$4.2M
$-20.8M
Q4 24
$10.3M
$27.0M
Q3 24
$-7.2M
$3.3M
Q2 24
$4.2M
$33.2M
Q1 24
$-1.0M
$-17.7M
Free Cash Flow
CRDO
CRDO
DNUT
DNUT
Q4 25
$38.5M
$27.9M
Q3 25
$51.3M
$15.5M
Q2 25
$54.2M
$-60.8M
Q1 25
$-383.0K
$-46.7M
Q4 24
$-11.7M
$-6.9M
Q3 24
$-13.1M
$-22.9M
Q2 24
$962.0K
$1.6M
Q1 24
$-6.1M
$-46.8M
FCF Margin
CRDO
CRDO
DNUT
DNUT
Q4 25
14.4%
7.1%
Q3 25
23.0%
4.1%
Q2 25
31.9%
-16.0%
Q1 25
-0.3%
-12.5%
Q4 24
-16.2%
-1.7%
Q3 24
-21.9%
-6.0%
Q2 24
1.6%
0.4%
Q1 24
-11.6%
-10.6%
Capex Intensity
CRDO
CRDO
DNUT
DNUT
Q4 25
8.7%
4.4%
Q3 25
1.3%
7.1%
Q2 25
2.1%
7.4%
Q1 25
3.4%
6.9%
Q4 24
30.5%
8.4%
Q3 24
9.8%
6.9%
Q2 24
5.3%
7.2%
Q1 24
9.6%
6.6%
Cash Conversion
CRDO
CRDO
DNUT
DNUT
Q4 25
0.75×
Q3 25
0.85×
Q2 25
1.58×
Q1 25
0.14×
Q4 24
Q3 24
0.08×
Q2 24
Q1 24
-2.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRDO
CRDO

Other$132.1M49%
HK$104.4M39%
RESTOFTHEWORLD$31.5M12%

DNUT
DNUT

Segment breakdown not available.

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