vs
Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
KENNAMETAL INC is the larger business by last-quarter revenue ($529.5M vs $392.4M, roughly 1.3× Krispy Kreme, Inc.). KENNAMETAL INC runs the higher net margin — 6.4% vs -7.1%, a 13.5% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (9.8% vs -2.9%). KENNAMETAL INC produced more free cash flow last quarter ($42.4M vs $27.9M). Over the past eight quarters, KENNAMETAL INC's revenue compounded faster (1.3% 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...
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
DNUT vs KMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $529.5M |
| Net Profit | $-27.8M | $33.9M |
| Gross Margin | — | 32.8% |
| Operating Margin | -1.9% | 9.9% |
| Net Margin | -7.1% | 6.4% |
| Revenue YoY | -2.9% | 9.8% |
| Net Profit YoY | -23.8% | 89.0% |
| EPS (diluted) | $-0.18 | $0.44 |
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.
| Q4 25 | $392.4M | $529.5M | ||
| Q3 25 | $375.3M | $498.0M | ||
| Q2 25 | $379.8M | $516.4M | ||
| Q1 25 | $375.2M | $486.4M | ||
| Q4 24 | $404.0M | $482.1M | ||
| Q3 24 | $379.9M | $481.9M | ||
| Q2 24 | $438.8M | $543.3M | ||
| Q1 24 | $442.7M | $515.8M |
| Q4 25 | $-27.8M | $33.9M | ||
| Q3 25 | $-19.4M | $23.3M | ||
| Q2 25 | $-435.3M | $21.6M | ||
| Q1 25 | $-33.3M | $31.5M | ||
| Q4 24 | $-22.4M | $17.9M | ||
| Q3 24 | $39.6M | $22.1M | ||
| Q2 24 | $-5.5M | $37.2M | ||
| Q1 24 | $-8.5M | $19.0M |
| Q4 25 | — | 32.8% | ||
| Q3 25 | — | 31.0% | ||
| Q2 25 | — | 28.2% | ||
| Q1 25 | — | 32.1% | ||
| Q4 24 | — | 30.1% | ||
| Q3 24 | — | 31.3% | ||
| Q2 24 | — | 31.5% | ||
| Q1 24 | — | 29.7% |
| Q4 25 | -1.9% | 9.9% | ||
| Q3 25 | -1.9% | 7.5% | ||
| Q2 25 | -114.4% | 6.1% | ||
| Q1 25 | -5.4% | 9.1% | ||
| Q4 24 | -2.8% | 6.6% | ||
| Q3 24 | -4.2% | 7.5% | ||
| Q2 24 | 1.6% | 11.3% | ||
| Q1 24 | 2.7% | 6.8% |
| Q4 25 | -7.1% | 6.4% | ||
| Q3 25 | -5.2% | 4.7% | ||
| Q2 25 | -114.6% | 4.2% | ||
| Q1 25 | -8.9% | 6.5% | ||
| Q4 24 | -5.6% | 3.7% | ||
| Q3 24 | 10.4% | 4.6% | ||
| Q2 24 | -1.3% | 6.8% | ||
| Q1 24 | -1.9% | 3.7% |
| Q4 25 | $-0.18 | $0.44 | ||
| Q3 25 | $-0.11 | $0.30 | ||
| Q2 25 | $-2.55 | $0.28 | ||
| Q1 25 | $-0.20 | $0.41 | ||
| Q4 24 | $-0.13 | $0.23 | ||
| Q3 24 | $0.23 | $0.28 | ||
| Q2 24 | $-0.03 | $0.47 | ||
| Q1 24 | $-0.05 | $0.24 |
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 | $129.3M |
| Total DebtLower is stronger | $911.9M | $597.2M |
| Stockholders' EquityBook value | $650.1M | $1.3B |
| Total Assets | $2.6B | $2.6B |
| Debt / EquityLower = less leverage | 1.40× | 0.45× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.4M | $129.3M | ||
| Q3 25 | $30.7M | $103.5M | ||
| Q2 25 | $21.3M | $140.5M | ||
| Q1 25 | $18.7M | $97.5M | ||
| Q4 24 | $29.0M | $121.2M | ||
| Q3 24 | $25.4M | $119.6M | ||
| Q2 24 | $28.6M | $128.0M | ||
| Q1 24 | $33.1M | $92.1M |
| Q4 25 | $911.9M | $597.2M | ||
| Q3 25 | $906.2M | $597.0M | ||
| Q2 25 | $889.4M | $596.8M | ||
| Q1 25 | $935.0M | $596.6M | ||
| Q4 24 | $844.5M | $596.4M | ||
| Q3 24 | $804.6M | $596.2M | ||
| Q2 24 | $895.0M | $596.0M | ||
| Q1 24 | $881.8M | $595.8M |
| Q4 25 | $650.1M | $1.3B | ||
| Q3 25 | $670.3M | $1.3B | ||
| Q2 25 | $693.6M | $1.3B | ||
| Q1 25 | $1.1B | $1.2B | ||
| Q4 24 | $1.1B | $1.2B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.1B | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
| Q4 25 | $2.6B | $2.6B | ||
| Q3 25 | $2.6B | $2.5B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $3.1B | $2.5B | ||
| Q4 24 | $3.1B | $2.4B | ||
| Q3 24 | $3.1B | $2.5B | ||
| Q2 24 | $3.2B | $2.5B | ||
| Q1 24 | $3.2B | $2.5B |
| Q4 25 | 1.40× | 0.45× | ||
| Q3 25 | 1.35× | 0.46× | ||
| Q2 25 | 1.28× | 0.46× | ||
| Q1 25 | 0.85× | 0.48× | ||
| Q4 24 | 0.74× | 0.49× | ||
| Q3 24 | 0.68× | 0.47× | ||
| Q2 24 | 0.79× | 0.48× | ||
| Q1 24 | 0.76× | 0.47× |
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 | $55.1M |
| Free Cash FlowOCF − Capex | $27.9M | $42.4M |
| FCF MarginFCF / Revenue | 7.1% | 8.0% |
| Capex IntensityCapex / Revenue | 4.4% | 2.4% |
| Cash ConversionOCF / Net Profit | — | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | $99.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.0M | $55.1M | ||
| Q3 25 | $42.3M | $17.5M | ||
| Q2 25 | $-32.5M | $78.6M | ||
| Q1 25 | $-20.8M | $28.8M | ||
| Q4 24 | $27.0M | $55.2M | ||
| Q3 24 | $3.3M | $45.7M | ||
| Q2 24 | $33.2M | $113.6M | ||
| Q1 24 | $-17.7M | $75.2M |
| Q4 25 | $27.9M | $42.4M | ||
| Q3 25 | $15.5M | $-5.5M | ||
| Q2 25 | $-60.8M | $57.1M | ||
| Q1 25 | $-46.7M | $5.3M | ||
| Q4 24 | $-6.9M | $35.9M | ||
| Q3 24 | $-22.9M | $21.0M | ||
| Q2 24 | $1.6M | $90.3M | ||
| Q1 24 | $-46.8M | $48.4M |
| Q4 25 | 7.1% | 8.0% | ||
| Q3 25 | 4.1% | -1.1% | ||
| Q2 25 | -16.0% | 11.1% | ||
| Q1 25 | -12.5% | 1.1% | ||
| Q4 24 | -1.7% | 7.5% | ||
| Q3 24 | -6.0% | 4.4% | ||
| Q2 24 | 0.4% | 16.6% | ||
| Q1 24 | -10.6% | 9.4% |
| Q4 25 | 4.4% | 2.4% | ||
| Q3 25 | 7.1% | 4.6% | ||
| Q2 25 | 7.4% | 4.2% | ||
| Q1 25 | 6.9% | 4.8% | ||
| Q4 24 | 8.4% | 4.0% | ||
| Q3 24 | 6.9% | 5.1% | ||
| Q2 24 | 7.2% | 4.3% | ||
| Q1 24 | 6.6% | 5.2% |
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 0.75× | ||
| Q2 25 | — | 3.64× | ||
| Q1 25 | — | 0.92× | ||
| Q4 24 | — | 3.08× | ||
| Q3 24 | 0.08× | 2.07× | ||
| Q2 24 | — | 3.06× | ||
| Q1 24 | — | 3.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DNUT
Segment breakdown not available.
KMT
| Metal Cutting | $331.1M | 63% |
| Infrastructure | $198.5M | 37% |
