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

INNOSPEC INC. is the larger business by last-quarter revenue ($455.6M vs $392.4M, roughly 1.2× Krispy Kreme, Inc.). INNOSPEC INC. runs the higher net margin — 10.4% vs -7.1%, a 17.5% gap on every dollar of revenue. On growth, INNOSPEC INC. posted the faster year-over-year revenue change (-2.4% vs -2.9%). INNOSPEC INC. produced more free cash flow last quarter ($46.8M vs $27.9M). Over the past eight quarters, INNOSPEC INC.'s revenue compounded faster (-4.6% 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...

Innospec Inc., formerly known as Octel Corporation and Associated Octel Company, Ltd., is an American specialty chemical company. It comprises three business units:The Performance Chemicals business trades in the personal care, home care, agrochemical, mining and industrial markets. The Fuel Specialties business specializes in manufacturing and supplying fuel additives. The Oilfield Services business supplies drilling, completion and production chemicals.

DNUT vs IOSP — Head-to-Head

Bigger by revenue
IOSP
IOSP
1.2× larger
IOSP
$455.6M
$392.4M
DNUT
Growing faster (revenue YoY)
IOSP
IOSP
+0.5% gap
IOSP
-2.4%
-2.9%
DNUT
Higher net margin
IOSP
IOSP
17.5% more per $
IOSP
10.4%
-7.1%
DNUT
More free cash flow
IOSP
IOSP
$18.9M more FCF
IOSP
$46.8M
$27.9M
DNUT
Faster 2-yr revenue CAGR
IOSP
IOSP
Annualised
IOSP
-4.6%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
IOSP
IOSP
Revenue
$392.4M
$455.6M
Net Profit
$-27.8M
$47.4M
Gross Margin
28.0%
Operating Margin
-1.9%
10.3%
Net Margin
-7.1%
10.4%
Revenue YoY
-2.9%
-2.4%
Net Profit YoY
-23.8%
167.3%
EPS (diluted)
$-0.18
$1.90

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
IOSP
IOSP
Q4 25
$392.4M
$455.6M
Q3 25
$375.3M
$441.9M
Q2 25
$379.8M
$439.7M
Q1 25
$375.2M
$440.8M
Q4 24
$404.0M
$466.8M
Q3 24
$379.9M
$443.4M
Q2 24
$438.8M
$435.0M
Q1 24
$442.7M
$500.2M
Net Profit
DNUT
DNUT
IOSP
IOSP
Q4 25
$-27.8M
$47.4M
Q3 25
$-19.4M
$12.9M
Q2 25
$-435.3M
$23.5M
Q1 25
$-33.3M
$32.8M
Q4 24
$-22.4M
$-70.4M
Q3 24
$39.6M
$33.4M
Q2 24
$-5.5M
$31.2M
Q1 24
$-8.5M
$41.4M
Gross Margin
DNUT
DNUT
IOSP
IOSP
Q4 25
28.0%
Q3 25
26.4%
Q2 25
28.0%
Q1 25
28.4%
Q4 24
29.2%
Q3 24
28.0%
Q2 24
29.2%
Q1 24
31.1%
Operating Margin
DNUT
DNUT
IOSP
IOSP
Q4 25
-1.9%
10.3%
Q3 25
-1.9%
1.3%
Q2 25
-114.4%
7.8%
Q1 25
-5.4%
9.6%
Q4 24
-2.8%
8.8%
Q3 24
-4.2%
10.3%
Q2 24
1.6%
9.4%
Q1 24
2.7%
10.1%
Net Margin
DNUT
DNUT
IOSP
IOSP
Q4 25
-7.1%
10.4%
Q3 25
-5.2%
2.9%
Q2 25
-114.6%
5.3%
Q1 25
-8.9%
7.4%
Q4 24
-5.6%
-15.1%
Q3 24
10.4%
7.5%
Q2 24
-1.3%
7.2%
Q1 24
-1.9%
8.3%
EPS (diluted)
DNUT
DNUT
IOSP
IOSP
Q4 25
$-0.18
$1.90
Q3 25
$-0.11
$0.52
Q2 25
$-2.55
$0.94
Q1 25
$-0.20
$1.31
Q4 24
$-0.13
$-2.80
Q3 24
$0.23
$1.33
Q2 24
$-0.03
$1.24
Q1 24
$-0.05
$1.65

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
IOSP
IOSP
Cash + ST InvestmentsLiquidity on hand
$42.4M
$292.5M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$1.3B
Total Assets
$2.6B
$1.8B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
IOSP
IOSP
Q4 25
$42.4M
$292.5M
Q3 25
$30.7M
$270.8M
Q2 25
$21.3M
$266.6M
Q1 25
$18.7M
$299.8M
Q4 24
$29.0M
$289.2M
Q3 24
$25.4M
$303.8M
Q2 24
$28.6M
$240.2M
Q1 24
$33.1M
$270.1M
Total Debt
DNUT
DNUT
IOSP
IOSP
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
IOSP
IOSP
Q4 25
$650.1M
$1.3B
Q3 25
$670.3M
$1.3B
Q2 25
$693.6M
$1.3B
Q1 25
$1.1B
$1.3B
Q4 24
$1.1B
$1.2B
Q3 24
$1.2B
$1.2B
Q2 24
$1.1B
$1.2B
Q1 24
$1.2B
$1.2B
Total Assets
DNUT
DNUT
IOSP
IOSP
Q4 25
$2.6B
$1.8B
Q3 25
$2.6B
$1.8B
Q2 25
$2.6B
$1.8B
Q1 25
$3.1B
$1.8B
Q4 24
$3.1B
$1.7B
Q3 24
$3.1B
$1.8B
Q2 24
$3.2B
$1.7B
Q1 24
$3.2B
$1.7B
Debt / Equity
DNUT
DNUT
IOSP
IOSP
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
IOSP
IOSP
Operating Cash FlowLast quarter
$45.0M
$61.4M
Free Cash FlowOCF − Capex
$27.9M
$46.8M
FCF MarginFCF / Revenue
7.1%
10.3%
Capex IntensityCapex / Revenue
4.4%
3.2%
Cash ConversionOCF / Net Profit
1.30×
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$88.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
IOSP
IOSP
Q4 25
$45.0M
$61.4M
Q3 25
$42.3M
$39.3M
Q2 25
$-32.5M
$9.3M
Q1 25
$-20.8M
$28.3M
Q4 24
$27.0M
$25.7M
Q3 24
$3.3M
$73.5M
Q2 24
$33.2M
$4.7M
Q1 24
$-17.7M
$80.6M
Free Cash Flow
DNUT
DNUT
IOSP
IOSP
Q4 25
$27.9M
$46.8M
Q3 25
$15.5M
$25.0M
Q2 25
$-60.8M
$-3.7M
Q1 25
$-46.7M
$19.9M
Q4 24
$-6.9M
$13.6M
Q3 24
$-22.9M
$65.8M
Q2 24
$1.6M
$-6.2M
Q1 24
$-46.8M
$69.9M
FCF Margin
DNUT
DNUT
IOSP
IOSP
Q4 25
7.1%
10.3%
Q3 25
4.1%
5.7%
Q2 25
-16.0%
-0.8%
Q1 25
-12.5%
4.5%
Q4 24
-1.7%
2.9%
Q3 24
-6.0%
14.8%
Q2 24
0.4%
-1.4%
Q1 24
-10.6%
14.0%
Capex Intensity
DNUT
DNUT
IOSP
IOSP
Q4 25
4.4%
3.2%
Q3 25
7.1%
3.2%
Q2 25
7.4%
3.0%
Q1 25
6.9%
1.9%
Q4 24
8.4%
2.6%
Q3 24
6.9%
1.7%
Q2 24
7.2%
2.5%
Q1 24
6.6%
2.1%
Cash Conversion
DNUT
DNUT
IOSP
IOSP
Q4 25
1.30×
Q3 25
3.05×
Q2 25
0.40×
Q1 25
0.86×
Q4 24
Q3 24
0.08×
2.20×
Q2 24
0.15×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

IOSP
IOSP

Refinery And Performance$147.0M32%
Personal Care$99.7M22%
Oilfield Services$93.1M20%
Other Fuel Specialties$47.1M10%
Other Performance Chemicals$40.0M9%
Home Care$28.7M6%

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