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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $242.9M, roughly 1.6× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs -7.1%, a 42.1% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (12.2% vs -2.9%). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (8.5% 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...
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
DNUT vs HCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $242.9M |
| Net Profit | $-27.8M | $85.0M |
| Gross Margin | — | — |
| Operating Margin | -1.9% | — |
| Net Margin | -7.1% | 35.0% |
| Revenue YoY | -2.9% | 12.2% |
| Net Profit YoY | -23.8% | 14.6% |
| EPS (diluted) | $-0.18 | $5.45 |
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.
| Q1 26 | — | $242.9M | ||
| Q4 25 | $392.4M | $246.2M | ||
| Q3 25 | $375.3M | $216.3M | ||
| Q2 25 | $379.8M | $221.9M | ||
| Q1 25 | $375.2M | $216.4M | ||
| Q4 24 | $404.0M | $161.9M | ||
| Q3 24 | $379.9M | $175.3M | ||
| Q2 24 | $438.8M | $206.2M |
| Q1 26 | — | $85.0M | ||
| Q4 25 | $-27.8M | $97.7M | ||
| Q3 25 | $-19.4M | $65.5M | ||
| Q2 25 | $-435.3M | $66.2M | ||
| Q1 25 | $-33.3M | $69.7M | ||
| Q4 24 | $-22.4M | $2.6M | ||
| Q3 24 | $39.6M | $5.7M | ||
| Q2 24 | $-5.5M | $54.1M |
| Q1 26 | — | — | ||
| Q4 25 | -1.9% | 58.5% | ||
| Q3 25 | -1.9% | 41.9% | ||
| Q2 25 | -114.4% | 42.5% | ||
| Q1 25 | -5.4% | 46.4% | ||
| Q4 24 | -2.8% | 3.6% | ||
| Q3 24 | -4.2% | 8.0% | ||
| Q2 24 | 1.6% | 36.9% |
| Q1 26 | — | 35.0% | ||
| Q4 25 | -7.1% | 39.7% | ||
| Q3 25 | -5.2% | 30.3% | ||
| Q2 25 | -114.6% | 29.8% | ||
| Q1 25 | -8.9% | 32.2% | ||
| Q4 24 | -5.6% | 1.6% | ||
| Q3 24 | 10.4% | 3.2% | ||
| Q2 24 | -1.3% | 26.2% |
| Q1 26 | — | $5.45 | ||
| Q4 25 | $-0.18 | $7.29 | ||
| Q3 25 | $-0.11 | $4.90 | ||
| Q2 25 | $-2.55 | $5.18 | ||
| Q1 25 | $-0.20 | $5.35 | ||
| Q4 24 | $-0.13 | $0.32 | ||
| Q3 24 | $0.23 | $0.52 | ||
| Q2 24 | $-0.03 | $4.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $42.4M | $1.0B |
| Total DebtLower is stronger | $911.9M | $31.7M |
| Stockholders' EquityBook value | $650.1M | $1.1B |
| Total Assets | $2.6B | $2.6B |
| Debt / EquityLower = less leverage | 1.40× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $42.4M | $1.2B | ||
| Q3 25 | $30.7M | $987.9M | ||
| Q2 25 | $21.3M | $947.2M | ||
| Q1 25 | $18.7M | $754.5M | ||
| Q4 24 | $29.0M | $532.5M | ||
| Q3 24 | $25.4M | $518.8M | ||
| Q2 24 | $28.6M | $445.8M |
| Q1 26 | — | $31.7M | ||
| 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 26 | — | $1.1B | ||
| Q4 25 | $650.1M | $1.0B | ||
| Q3 25 | $670.3M | $821.8M | ||
| Q2 25 | $693.6M | $758.6M | ||
| Q1 25 | $1.1B | $522.7M | ||
| Q4 24 | $1.1B | $453.3M | ||
| Q3 24 | $1.2B | $455.3M | ||
| Q2 24 | $1.1B | $447.3M |
| Q1 26 | — | $2.6B | ||
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.6B | $2.3B | ||
| Q2 25 | $2.6B | $2.4B | ||
| Q1 25 | $3.1B | $2.3B | ||
| Q4 24 | $3.1B | $2.2B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.2B | $1.9B |
| Q1 26 | — | 0.03× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $45.0M | — |
| Free Cash FlowOCF − Capex | $27.9M | — |
| FCF MarginFCF / Revenue | 7.1% | — |
| Capex IntensityCapex / Revenue | 4.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $45.0M | $444.4M | ||
| Q3 25 | $42.3M | $26.7M | ||
| Q2 25 | $-32.5M | $145.0M | ||
| Q1 25 | $-20.8M | $162.0M | ||
| Q4 24 | $27.0M | $331.8M | ||
| Q3 24 | $3.3M | $104.1M | ||
| Q2 24 | $33.2M | $-29.0M |
| Q1 26 | — | — | ||
| Q4 25 | $27.9M | $440.8M | ||
| Q3 25 | $15.5M | $25.9M | ||
| Q2 25 | $-60.8M | $144.5M | ||
| Q1 25 | $-46.7M | $160.3M | ||
| Q4 24 | $-6.9M | $327.8M | ||
| Q3 24 | $-22.9M | $103.2M | ||
| Q2 24 | $1.6M | $-30.1M |
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 179.0% | ||
| Q3 25 | 4.1% | 12.0% | ||
| Q2 25 | -16.0% | 65.1% | ||
| Q1 25 | -12.5% | 74.1% | ||
| Q4 24 | -1.7% | 202.5% | ||
| Q3 24 | -6.0% | 58.9% | ||
| Q2 24 | 0.4% | -14.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 1.5% | ||
| Q3 25 | 7.1% | 0.4% | ||
| Q2 25 | 7.4% | 0.2% | ||
| Q1 25 | 6.9% | 0.8% | ||
| Q4 24 | 8.4% | 2.5% | ||
| Q3 24 | 6.9% | 0.5% | ||
| Q2 24 | 7.2% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.55× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | 2.19× | ||
| Q1 25 | — | 2.32× | ||
| Q4 24 | — | 128.41× | ||
| Q3 24 | 0.08× | 18.33× | ||
| Q2 24 | — | -0.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
