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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $199.4M, roughly 2.0× Ecovyst Inc.). On growth, Ecovyst Inc. posted the faster year-over-year revenue change (34.0% vs -2.9%). Krispy Kreme, Inc. produced more free cash flow last quarter ($27.9M vs $22.9M). Over the past eight quarters, Ecovyst Inc.'s revenue compounded faster (18.7% CAGR vs -5.9%).

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...

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

DNUT vs ECVT — Head-to-Head

Bigger by revenue
DNUT
DNUT
2.0× larger
DNUT
$392.4M
$199.4M
ECVT
Growing faster (revenue YoY)
ECVT
ECVT
+36.9% gap
ECVT
34.0%
-2.9%
DNUT
More free cash flow
DNUT
DNUT
$5.0M more FCF
DNUT
$27.9M
$22.9M
ECVT
Faster 2-yr revenue CAGR
ECVT
ECVT
Annualised
ECVT
18.7%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
ECVT
ECVT
Revenue
$392.4M
$199.4M
Net Profit
$-27.8M
Gross Margin
23.4%
Operating Margin
-1.9%
10.9%
Net Margin
-7.1%
Revenue YoY
-2.9%
34.0%
Net Profit YoY
-23.8%
EPS (diluted)
$-0.18
$0.06

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
DNUT
DNUT
ECVT
ECVT
Q4 25
$392.4M
$199.4M
Q3 25
$375.3M
$204.9M
Q2 25
$379.8M
$176.1M
Q1 25
$375.2M
$143.1M
Q4 24
$404.0M
$148.9M
Q3 24
$379.9M
$153.9M
Q2 24
$438.8M
$154.0M
Q1 24
$442.7M
$141.6M
Net Profit
DNUT
DNUT
ECVT
ECVT
Q4 25
$-27.8M
Q3 25
$-19.4M
$-79.3M
Q2 25
$-435.3M
$6.0M
Q1 25
$-33.3M
$-3.6M
Q4 24
$-22.4M
Q3 24
$39.6M
$14.3M
Q2 24
$-5.5M
$8.3M
Q1 24
$-8.5M
$1.2M
Gross Margin
DNUT
DNUT
ECVT
ECVT
Q4 25
23.4%
Q3 25
25.4%
Q2 25
22.8%
Q1 25
13.3%
Q4 24
28.9%
Q3 24
29.3%
Q2 24
27.3%
Q1 24
23.5%
Operating Margin
DNUT
DNUT
ECVT
ECVT
Q4 25
-1.9%
10.9%
Q3 25
-1.9%
13.8%
Q2 25
-114.4%
9.0%
Q1 25
-5.4%
-0.7%
Q4 24
-2.8%
15.1%
Q3 24
-4.2%
17.9%
Q2 24
1.6%
14.1%
Q1 24
2.7%
9.5%
Net Margin
DNUT
DNUT
ECVT
ECVT
Q4 25
-7.1%
Q3 25
-5.2%
-38.7%
Q2 25
-114.6%
3.4%
Q1 25
-8.9%
-2.5%
Q4 24
-5.6%
Q3 24
10.4%
9.3%
Q2 24
-1.3%
5.4%
Q1 24
-1.9%
0.9%
EPS (diluted)
DNUT
DNUT
ECVT
ECVT
Q4 25
$-0.18
$0.06
Q3 25
$-0.11
$-0.69
Q2 25
$-2.55
$0.05
Q1 25
$-0.20
$-0.03
Q4 24
$-0.13
$-0.26
Q3 24
$0.23
$0.12
Q2 24
$-0.03
$0.07
Q1 24
$-0.05
$0.01

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
ECVT
ECVT
Cash + ST InvestmentsLiquidity on hand
$42.4M
$197.2M
Total DebtLower is stronger
$911.9M
$392.6M
Stockholders' EquityBook value
$650.1M
$603.4M
Total Assets
$2.6B
$1.3B
Debt / EquityLower = less leverage
1.40×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
ECVT
ECVT
Q4 25
$42.4M
$197.2M
Q3 25
$30.7M
$82.0M
Q2 25
$21.3M
$69.6M
Q1 25
$18.7M
$127.5M
Q4 24
$29.0M
$131.4M
Q3 24
$25.4M
$123.5M
Q2 24
$28.6M
$83.3M
Q1 24
$33.1M
$103.1M
Total Debt
DNUT
DNUT
ECVT
ECVT
Q4 25
$911.9M
$392.6M
Q3 25
$906.2M
$854.8M
Q2 25
$889.4M
$856.6M
Q1 25
$935.0M
$859.0M
Q4 24
$844.5M
$860.8M
Q3 24
$804.6M
$862.7M
Q2 24
$895.0M
$862.4M
Q1 24
$881.8M
$866.2M
Stockholders' Equity
DNUT
DNUT
ECVT
ECVT
Q4 25
$650.1M
$603.4M
Q3 25
$670.3M
$607.9M
Q2 25
$693.6M
$692.4M
Q1 25
$1.1B
$698.7M
Q4 24
$1.1B
$700.5M
Q3 24
$1.2B
$729.4M
Q2 24
$1.1B
$717.3M
Q1 24
$1.2B
$711.4M
Total Assets
DNUT
DNUT
ECVT
ECVT
Q4 25
$2.6B
$1.3B
Q3 25
$2.6B
$1.7B
Q2 25
$2.6B
$1.8B
Q1 25
$3.1B
$1.8B
Q4 24
$3.1B
$1.8B
Q3 24
$3.1B
$1.8B
Q2 24
$3.2B
$1.8B
Q1 24
$3.2B
$1.8B
Debt / Equity
DNUT
DNUT
ECVT
ECVT
Q4 25
1.40×
0.65×
Q3 25
1.35×
1.41×
Q2 25
1.28×
1.24×
Q1 25
0.85×
1.23×
Q4 24
0.74×
1.23×
Q3 24
0.68×
1.18×
Q2 24
0.79×
1.20×
Q1 24
0.76×
1.22×

Cash Flow & Capital Efficiency

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

Metric
DNUT
DNUT
ECVT
ECVT
Operating Cash FlowLast quarter
$45.0M
$41.8M
Free Cash FlowOCF − Capex
$27.9M
$22.9M
FCF MarginFCF / Revenue
7.1%
11.5%
Capex IntensityCapex / Revenue
4.4%
9.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$69.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
ECVT
ECVT
Q4 25
$45.0M
$41.8M
Q3 25
$42.3M
$55.3M
Q2 25
$-32.5M
$33.0M
Q1 25
$-20.8M
$10.3M
Q4 24
$27.0M
$43.5M
Q3 24
$3.3M
$59.9M
Q2 24
$33.2M
$10.0M
Q1 24
$-17.7M
$36.5M
Free Cash Flow
DNUT
DNUT
ECVT
ECVT
Q4 25
$27.9M
$22.9M
Q3 25
$15.5M
$53.2M
Q2 25
$-60.8M
$7.8M
Q1 25
$-46.7M
$-14.0M
Q4 24
$-6.9M
$30.9M
Q3 24
$-22.9M
$53.6M
Q2 24
$1.6M
$-9.3M
Q1 24
$-46.8M
$19.1M
FCF Margin
DNUT
DNUT
ECVT
ECVT
Q4 25
7.1%
11.5%
Q3 25
4.1%
26.0%
Q2 25
-16.0%
4.4%
Q1 25
-12.5%
-9.8%
Q4 24
-1.7%
20.7%
Q3 24
-6.0%
34.9%
Q2 24
0.4%
-6.1%
Q1 24
-10.6%
13.5%
Capex Intensity
DNUT
DNUT
ECVT
ECVT
Q4 25
4.4%
9.4%
Q3 25
7.1%
1.0%
Q2 25
7.4%
14.4%
Q1 25
6.9%
16.9%
Q4 24
8.4%
8.5%
Q3 24
6.9%
4.1%
Q2 24
7.2%
12.5%
Q1 24
6.6%
12.3%
Cash Conversion
DNUT
DNUT
ECVT
ECVT
Q4 25
Q3 25
Q2 25
5.52×
Q1 25
Q4 24
Q3 24
0.08×
4.21×
Q2 24
1.20×
Q1 24
29.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

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