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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $230.6M, roughly 1.7× Gogo Inc.). Gogo Inc. runs the higher net margin — -4.3% vs -7.1%, a 2.7% gap on every dollar of revenue. On growth, Gogo Inc. posted the faster year-over-year revenue change (67.3% vs -2.9%). Krispy Kreme, Inc. produced more free cash flow last quarter ($27.9M vs $-25.4M). Over the past eight quarters, Gogo Inc.'s revenue compounded faster (48.7% 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...

Gogo Inc. is an American provider of in-flight broadband Internet service and other connectivity services for business aircraft, headquartered in Broomfield, Colorado. Through its Gogo LLC subsidiary, Gogo previously provided in-flight WiFi to 17 airlines until the Commercial Air business was sold to Intelsat for $400 million in December 2020. According to Gogo, over 2,500 commercial aircraft and 6,600 business aircraft have been equipped with its onboard Wi-Fi services. The company is the de...

DNUT vs GOGO — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.7× larger
DNUT
$392.4M
$230.6M
GOGO
Growing faster (revenue YoY)
GOGO
GOGO
+70.2% gap
GOGO
67.3%
-2.9%
DNUT
Higher net margin
GOGO
GOGO
2.7% more per $
GOGO
-4.3%
-7.1%
DNUT
More free cash flow
DNUT
DNUT
$53.3M more FCF
DNUT
$27.9M
$-25.4M
GOGO
Faster 2-yr revenue CAGR
GOGO
GOGO
Annualised
GOGO
48.7%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
GOGO
GOGO
Revenue
$392.4M
$230.6M
Net Profit
$-27.8M
$-10.0M
Gross Margin
Operating Margin
-1.9%
6.2%
Net Margin
-7.1%
-4.3%
Revenue YoY
-2.9%
67.3%
Net Profit YoY
-23.8%
64.6%
EPS (diluted)
$-0.18
$-0.08

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
GOGO
GOGO
Q4 25
$392.4M
$230.6M
Q3 25
$375.3M
$223.6M
Q2 25
$379.8M
$226.0M
Q1 25
$375.2M
$230.3M
Q4 24
$404.0M
$137.8M
Q3 24
$379.9M
$100.5M
Q2 24
$438.8M
$102.1M
Q1 24
$442.7M
$104.3M
Net Profit
DNUT
DNUT
GOGO
GOGO
Q4 25
$-27.8M
$-10.0M
Q3 25
$-19.4M
$-1.9M
Q2 25
$-435.3M
$12.8M
Q1 25
$-33.3M
$12.0M
Q4 24
$-22.4M
$-28.2M
Q3 24
$39.6M
$10.6M
Q2 24
$-5.5M
$839.0K
Q1 24
$-8.5M
$30.5M
Gross Margin
DNUT
DNUT
GOGO
GOGO
Q4 25
Q3 25
Q2 25
87.8%
Q1 25
87.3%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
DNUT
DNUT
GOGO
GOGO
Q4 25
-1.9%
6.2%
Q3 25
-1.9%
12.9%
Q2 25
-114.4%
15.9%
Q1 25
-5.4%
15.3%
Q4 24
-2.8%
-17.5%
Q3 24
-4.2%
19.0%
Q2 24
1.6%
21.2%
Q1 24
2.7%
33.2%
Net Margin
DNUT
DNUT
GOGO
GOGO
Q4 25
-7.1%
-4.3%
Q3 25
-5.2%
-0.9%
Q2 25
-114.6%
5.7%
Q1 25
-8.9%
5.2%
Q4 24
-5.6%
-20.5%
Q3 24
10.4%
10.6%
Q2 24
-1.3%
0.8%
Q1 24
-1.9%
29.2%
EPS (diluted)
DNUT
DNUT
GOGO
GOGO
Q4 25
$-0.18
$-0.08
Q3 25
$-0.11
$-0.01
Q2 25
$-2.55
$0.09
Q1 25
$-0.20
$0.09
Q4 24
$-0.13
$-0.22
Q3 24
$0.23
$0.08
Q2 24
$-0.03
$0.01
Q1 24
$-0.05
$0.23

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
GOGO
GOGO
Cash + ST InvestmentsLiquidity on hand
$42.4M
$125.2M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$101.1M
Total Assets
$2.6B
$1.3B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
GOGO
GOGO
Q4 25
$42.4M
$125.2M
Q3 25
$30.7M
$133.6M
Q2 25
$21.3M
$102.1M
Q1 25
$18.7M
$70.3M
Q4 24
$29.0M
$41.8M
Q3 24
$25.4M
$176.7M
Q2 24
$28.6M
$161.6M
Q1 24
$33.1M
$152.8M
Total Debt
DNUT
DNUT
GOGO
GOGO
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
GOGO
GOGO
Q4 25
$650.1M
$101.1M
Q3 25
$670.3M
$107.0M
Q2 25
$693.6M
$102.8M
Q1 25
$1.1B
$82.9M
Q4 24
$1.1B
$69.3M
Q3 24
$1.2B
$52.7M
Q2 24
$1.1B
$52.0M
Q1 24
$1.2B
$62.4M
Total Assets
DNUT
DNUT
GOGO
GOGO
Q4 25
$2.6B
$1.3B
Q3 25
$2.6B
$1.3B
Q2 25
$2.6B
$1.3B
Q1 25
$3.1B
$1.2B
Q4 24
$3.1B
$1.2B
Q3 24
$3.1B
$810.7M
Q2 24
$3.2B
$802.7M
Q1 24
$3.2B
$809.0M
Debt / Equity
DNUT
DNUT
GOGO
GOGO
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
GOGO
GOGO
Operating Cash FlowLast quarter
$45.0M
$8.5M
Free Cash FlowOCF − Capex
$27.9M
$-25.4M
FCF MarginFCF / Revenue
7.1%
-11.0%
Capex IntensityCapex / Revenue
4.4%
14.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$65.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
GOGO
GOGO
Q4 25
$45.0M
$8.5M
Q3 25
$42.3M
$46.8M
Q2 25
$-32.5M
$36.7M
Q1 25
$-20.8M
$32.5M
Q4 24
$27.0M
$-38.3M
Q3 24
$3.3M
$25.1M
Q2 24
$33.2M
$24.9M
Q1 24
$-17.7M
$29.7M
Free Cash Flow
DNUT
DNUT
GOGO
GOGO
Q4 25
$27.9M
$-25.4M
Q3 25
$15.5M
$27.3M
Q2 25
$-60.8M
$33.5M
Q1 25
$-46.7M
$29.7M
Q4 24
$-6.9M
$-42.6M
Q3 24
$-22.9M
$20.7M
Q2 24
$1.6M
$21.6M
Q1 24
$-46.8M
$28.2M
FCF Margin
DNUT
DNUT
GOGO
GOGO
Q4 25
7.1%
-11.0%
Q3 25
4.1%
12.2%
Q2 25
-16.0%
14.8%
Q1 25
-12.5%
12.9%
Q4 24
-1.7%
-30.9%
Q3 24
-6.0%
20.6%
Q2 24
0.4%
21.1%
Q1 24
-10.6%
27.0%
Capex Intensity
DNUT
DNUT
GOGO
GOGO
Q4 25
4.4%
14.7%
Q3 25
7.1%
8.7%
Q2 25
7.4%
1.4%
Q1 25
6.9%
1.2%
Q4 24
8.4%
3.1%
Q3 24
6.9%
4.4%
Q2 24
7.2%
3.3%
Q1 24
6.6%
1.4%
Cash Conversion
DNUT
DNUT
GOGO
GOGO
Q4 25
Q3 25
Q2 25
2.87×
Q1 25
2.70×
Q4 24
Q3 24
0.08×
2.36×
Q2 24
29.74×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

GOGO
GOGO

Services$191.9M83%
Products$38.7M17%
Fcc Reimbursement Program$2.0M1%

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