vs

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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $274.2M, roughly 1.4× Figma, Inc.). Krispy Kreme, Inc. runs the higher net margin — -7.1% vs -400.1%, a 393.0% gap on every dollar of revenue. On growth, Figma, Inc. posted the faster year-over-year revenue change (38.0% vs -2.9%). Figma, Inc. produced more free cash flow last quarter ($49.5M vs $27.9M).

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...

Figma is a collaborative web application for interface design, with additional offline features enabled by desktop applications for macOS and Windows. The feature set of Figma focuses on user interface and user experience design, with an emphasis on real-time collaboration, utilizing a variety of vector graphics editor and prototyping tools. The Figma mobile app for Android and iOS allows viewing and interacting with Figma prototypes in real-time on mobile and tablet devices.

DNUT vs FIG — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.4× larger
DNUT
$392.4M
$274.2M
FIG
Growing faster (revenue YoY)
FIG
FIG
+40.9% gap
FIG
38.0%
-2.9%
DNUT
Higher net margin
DNUT
DNUT
393.0% more per $
DNUT
-7.1%
-400.1%
FIG
More free cash flow
FIG
FIG
$21.5M more FCF
FIG
$49.5M
$27.9M
DNUT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DNUT
DNUT
FIG
FIG
Revenue
$392.4M
$274.2M
Net Profit
$-27.8M
$-1.1B
Gross Margin
69.4%
Operating Margin
-1.9%
-414.6%
Net Margin
-7.1%
-400.1%
Revenue YoY
-2.9%
38.0%
Net Profit YoY
-23.8%
-6933.0%
EPS (diluted)
$-0.18
$-2.72

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
FIG
FIG
Q4 25
$392.4M
Q3 25
$375.3M
$274.2M
Q2 25
$379.8M
$249.6M
Q1 25
$375.2M
Q4 24
$404.0M
Q3 24
$379.9M
$198.6M
Q2 24
$438.8M
$177.2M
Q1 24
$442.7M
Net Profit
DNUT
DNUT
FIG
FIG
Q4 25
$-27.8M
Q3 25
$-19.4M
$-1.1B
Q2 25
$-435.3M
$28.2M
Q1 25
$-33.3M
Q4 24
$-22.4M
Q3 24
$39.6M
$-15.6M
Q2 24
$-5.5M
$-827.9M
Q1 24
$-8.5M
Gross Margin
DNUT
DNUT
FIG
FIG
Q4 25
Q3 25
69.4%
Q2 25
88.8%
Q1 25
Q4 24
Q3 24
90.6%
Q2 24
77.7%
Q1 24
Operating Margin
DNUT
DNUT
FIG
FIG
Q4 25
-1.9%
Q3 25
-1.9%
-414.6%
Q2 25
-114.4%
0.8%
Q1 25
-5.4%
Q4 24
-2.8%
Q3 24
-4.2%
-23.8%
Q2 24
1.6%
-504.7%
Q1 24
2.7%
Net Margin
DNUT
DNUT
FIG
FIG
Q4 25
-7.1%
Q3 25
-5.2%
-400.1%
Q2 25
-114.6%
11.3%
Q1 25
-8.9%
Q4 24
-5.6%
Q3 24
10.4%
-7.9%
Q2 24
-1.3%
-467.2%
Q1 24
-1.9%
EPS (diluted)
DNUT
DNUT
FIG
FIG
Q4 25
$-0.18
Q3 25
$-0.11
$-2.72
Q2 25
$-2.55
$0.00
Q1 25
$-0.20
Q4 24
$-0.13
Q3 24
$0.23
$-0.07
Q2 24
$-0.03
$-4.39
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
FIG
FIG
Cash + ST InvestmentsLiquidity on hand
$42.4M
$1.6B
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$1.4B
Total Assets
$2.6B
$2.1B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
FIG
FIG
Q4 25
$42.4M
Q3 25
$30.7M
$1.6B
Q2 25
$21.3M
$1.6B
Q1 25
$18.7M
Q4 24
$29.0M
Q3 24
$25.4M
$416.1M
Q2 24
$28.6M
$586.1M
Q1 24
$33.1M
Total Debt
DNUT
DNUT
FIG
FIG
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
DNUT
DNUT
FIG
FIG
Q4 25
$650.1M
Q3 25
$670.3M
$1.4B
Q2 25
$693.6M
$1.4B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.2B
$1.2B
Q2 24
$1.1B
$862.4M
Q1 24
$1.2B
Total Assets
DNUT
DNUT
FIG
FIG
Q4 25
$2.6B
Q3 25
$2.6B
$2.1B
Q2 25
$2.6B
$2.0B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.2B
Q1 24
$3.2B
Debt / Equity
DNUT
DNUT
FIG
FIG
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
DNUT
DNUT
FIG
FIG
Operating Cash FlowLast quarter
$45.0M
$51.2M
Free Cash FlowOCF − Capex
$27.9M
$49.5M
FCF MarginFCF / Revenue
7.1%
18.0%
Capex IntensityCapex / Revenue
4.4%
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
FIG
FIG
Q4 25
$45.0M
Q3 25
$42.3M
$51.2M
Q2 25
$-32.5M
Q1 25
$-20.8M
Q4 24
$27.0M
Q3 24
$3.3M
Q2 24
$33.2M
Q1 24
$-17.7M
Free Cash Flow
DNUT
DNUT
FIG
FIG
Q4 25
$27.9M
Q3 25
$15.5M
$49.5M
Q2 25
$-60.8M
Q1 25
$-46.7M
Q4 24
$-6.9M
Q3 24
$-22.9M
Q2 24
$1.6M
Q1 24
$-46.8M
FCF Margin
DNUT
DNUT
FIG
FIG
Q4 25
7.1%
Q3 25
4.1%
18.0%
Q2 25
-16.0%
Q1 25
-12.5%
Q4 24
-1.7%
Q3 24
-6.0%
Q2 24
0.4%
Q1 24
-10.6%
Capex Intensity
DNUT
DNUT
FIG
FIG
Q4 25
4.4%
Q3 25
7.1%
0.6%
Q2 25
7.4%
Q1 25
6.9%
Q4 24
8.4%
Q3 24
6.9%
Q2 24
7.2%
Q1 24
6.6%
Cash Conversion
DNUT
DNUT
FIG
FIG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.08×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

FIG
FIG

Non Us$147.4M54%
US$126.8M46%

Related Comparisons