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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and Iridium Communications Inc. (IRDM). Click either name above to swap in a different company.
Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $219.1M, roughly 1.8× Iridium Communications Inc.). Iridium Communications Inc. runs the higher net margin — 9.9% vs -7.1%, a 16.9% gap on every dollar of revenue. On growth, Iridium Communications Inc. posted the faster year-over-year revenue change (1.9% vs -2.9%). Over the past eight quarters, Iridium Communications Inc.'s revenue compounded faster (4.4% 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...
Iridium Communications Inc. is a publicly traded American company headquartered in McLean, Virginia, United States. Iridium operates the Iridium satellite constellation, a system of 80 satellites: 66 are active satellites and the remaining fourteen function as in-orbit spares. Iridium Satellites are used for worldwide voice and data communication from handheld satellite phones, satellite messenger communication devices and integrated transceivers, as well as for two-way satellite messaging se...
DNUT vs IRDM — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $219.1M |
| Net Profit | $-27.8M | $21.6M |
| Gross Margin | — | — |
| Operating Margin | -1.9% | 23.2% |
| Net Margin | -7.1% | 9.9% |
| Revenue YoY | -2.9% | 1.9% |
| Net Profit YoY | -23.8% | — |
| EPS (diluted) | $-0.18 | — |
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 | — | $219.1M | ||
| Q4 25 | $392.4M | $212.9M | ||
| Q3 25 | $375.3M | $226.9M | ||
| Q2 25 | $379.8M | $216.9M | ||
| Q1 25 | $375.2M | $214.9M | ||
| Q4 24 | $404.0M | $213.0M | ||
| Q3 24 | $379.9M | $212.8M | ||
| Q2 24 | $438.8M | $201.1M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $-27.8M | $24.9M | ||
| Q3 25 | $-19.4M | $37.1M | ||
| Q2 25 | $-435.3M | $22.0M | ||
| Q1 25 | $-33.3M | $30.4M | ||
| Q4 24 | $-22.4M | $36.3M | ||
| Q3 24 | $39.6M | $24.4M | ||
| Q2 24 | $-5.5M | $32.3M |
| Q1 26 | — | 23.2% | ||
| Q4 25 | -1.9% | 25.9% | ||
| Q3 25 | -1.9% | 30.9% | ||
| Q2 25 | -114.4% | 23.2% | ||
| Q1 25 | -5.4% | 28.1% | ||
| Q4 24 | -2.8% | 24.5% | ||
| Q3 24 | -4.2% | 25.8% | ||
| Q2 24 | 1.6% | 21.7% |
| Q1 26 | — | 9.9% | ||
| Q4 25 | -7.1% | 11.7% | ||
| Q3 25 | -5.2% | 16.4% | ||
| Q2 25 | -114.6% | 10.1% | ||
| Q1 25 | -8.9% | 14.2% | ||
| Q4 24 | -5.6% | 17.1% | ||
| Q3 24 | 10.4% | 11.5% | ||
| Q2 24 | -1.3% | 16.1% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.18 | $0.24 | ||
| Q3 25 | $-0.11 | $0.35 | ||
| Q2 25 | $-2.55 | $0.20 | ||
| Q1 25 | $-0.20 | $0.27 | ||
| Q4 24 | $-0.13 | $0.30 | ||
| Q3 24 | $0.23 | $0.21 | ||
| Q2 24 | $-0.03 | $0.27 |
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 | — |
| Total DebtLower is stronger | $911.9M | — |
| Stockholders' EquityBook value | $650.1M | — |
| Total Assets | $2.6B | — |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $42.4M | $96.5M | ||
| Q3 25 | $30.7M | $88.5M | ||
| Q2 25 | $21.3M | $79.3M | ||
| Q1 25 | $18.7M | $50.9M | ||
| Q4 24 | $29.0M | $93.5M | ||
| Q3 24 | $25.4M | $159.6M | ||
| Q2 24 | $28.6M | $63.5M |
| Q1 26 | — | — | ||
| Q4 25 | $911.9M | $1.8B | ||
| Q3 25 | $906.2M | — | ||
| Q2 25 | $889.4M | — | ||
| Q1 25 | $935.0M | — | ||
| Q4 24 | $844.5M | $1.8B | ||
| Q3 24 | $804.6M | — | ||
| Q2 24 | $895.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $650.1M | $462.6M | ||
| Q3 25 | $670.3M | $450.5M | ||
| Q2 25 | $693.6M | $473.6M | ||
| Q1 25 | $1.1B | $518.4M | ||
| Q4 24 | $1.1B | $576.6M | ||
| Q3 24 | $1.2B | $663.8M | ||
| Q2 24 | $1.1B | $786.7M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $2.5B | ||
| Q3 25 | $2.6B | $2.6B | ||
| Q2 25 | $2.6B | $2.6B | ||
| Q1 25 | $3.1B | $2.6B | ||
| Q4 24 | $3.1B | $2.7B | ||
| Q3 24 | $3.1B | $2.8B | ||
| Q2 24 | $3.2B | $2.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.40× | 3.80× | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.74× | 3.05× | ||
| 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% | 13.7% |
| 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 | $108.6M | ||
| Q3 25 | $42.3M | $100.8M | ||
| Q2 25 | $-32.5M | $129.6M | ||
| Q1 25 | $-20.8M | $61.1M | ||
| Q4 24 | $27.0M | $104.8M | ||
| Q3 24 | $3.3M | $118.6M | ||
| Q2 24 | $33.2M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | $27.9M | $75.1M | ||
| Q3 25 | $15.5M | $79.2M | ||
| Q2 25 | $-60.8M | $108.9M | ||
| Q1 25 | $-46.7M | $36.5M | ||
| Q4 24 | $-6.9M | $80.5M | ||
| Q3 24 | $-22.9M | $100.0M | ||
| Q2 24 | $1.6M | $68.7M |
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 35.3% | ||
| Q3 25 | 4.1% | 34.9% | ||
| Q2 25 | -16.0% | 50.2% | ||
| Q1 25 | -12.5% | 17.0% | ||
| Q4 24 | -1.7% | 37.8% | ||
| Q3 24 | -6.0% | 47.0% | ||
| Q2 24 | 0.4% | 34.2% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 4.4% | 15.7% | ||
| Q3 25 | 7.1% | 9.5% | ||
| Q2 25 | 7.4% | 9.5% | ||
| Q1 25 | 6.9% | 11.4% | ||
| Q4 24 | 8.4% | 11.4% | ||
| Q3 24 | 6.9% | 8.7% | ||
| Q2 24 | 7.2% | 6.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.37× | ||
| Q3 25 | — | 2.71× | ||
| Q2 25 | — | 5.90× | ||
| Q1 25 | — | 2.01× | ||
| Q4 24 | — | 2.88× | ||
| Q3 24 | 0.08× | 4.85× | ||
| Q2 24 | — | 2.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DNUT
Segment breakdown not available.
IRDM
| Voice and data | $57.4M | 26% |
| IoT data (2) | $46.0M | 21% |
| Government | $39.5M | 18% |
| Government service revenue (5) | $27.6M | 13% |
| Subscriber equipment | $20.2M | 9% |
| Hosted payload and other data service (4) | $14.8M | 7% |
| Broadband (3) | $12.2M | 6% |
| Commercial | $1.3M | 1% |
