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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $360.9M, roughly 1.1× LivaNova PLC). LivaNova PLC runs the higher net margin — 8.6% vs -7.1%, a 15.6% gap on every dollar of revenue. On growth, LivaNova PLC posted the faster year-over-year revenue change (12.1% vs -2.9%). LivaNova PLC produced more free cash flow last quarter ($50.2M vs $27.9M). Over the past eight quarters, LivaNova PLC's revenue compounded faster (10.6% 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...

LivaNova, plc is an American medical device manufacturer based in the UK. The company develops devices used for cardiac surgery and neuromodulation. The company was formed in 2015 by a $2.7B merger between Houston, Texas-based Cyberonics, Inc. and Milan, Italy-based Sorin S.p.a. The company trades on the NASDAQ stock exchange under the ticker symbol "LIVN".

DNUT vs LIVN — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.1× larger
DNUT
$392.4M
$360.9M
LIVN
Growing faster (revenue YoY)
LIVN
LIVN
+15.0% gap
LIVN
12.1%
-2.9%
DNUT
Higher net margin
LIVN
LIVN
15.6% more per $
LIVN
8.6%
-7.1%
DNUT
More free cash flow
LIVN
LIVN
$22.2M more FCF
LIVN
$50.2M
$27.9M
DNUT
Faster 2-yr revenue CAGR
LIVN
LIVN
Annualised
LIVN
10.6%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
LIVN
LIVN
Revenue
$392.4M
$360.9M
Net Profit
$-27.8M
$30.9M
Gross Margin
65.2%
Operating Margin
-1.9%
11.8%
Net Margin
-7.1%
8.6%
Revenue YoY
-2.9%
12.1%
Net Profit YoY
-23.8%
-44.7%
EPS (diluted)
$-0.18
$0.57

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
LIVN
LIVN
Q4 25
$392.4M
$360.9M
Q3 25
$375.3M
$357.8M
Q2 25
$379.8M
$352.5M
Q1 25
$375.2M
$316.9M
Q4 24
$404.0M
$321.8M
Q3 24
$379.9M
$318.1M
Q2 24
$438.8M
$318.6M
Q1 24
$442.7M
$294.9M
Net Profit
DNUT
DNUT
LIVN
LIVN
Q4 25
$-27.8M
$30.9M
Q3 25
$-19.4M
$26.8M
Q2 25
$-435.3M
$27.2M
Q1 25
$-33.3M
$-327.3M
Q4 24
$-22.4M
$55.9M
Q3 24
$39.6M
$33.0M
Q2 24
$-5.5M
$16.3M
Q1 24
$-8.5M
$-41.9M
Gross Margin
DNUT
DNUT
LIVN
LIVN
Q4 25
65.2%
Q3 25
68.4%
Q2 25
67.8%
Q1 25
69.7%
Q4 24
68.2%
Q3 24
70.8%
Q2 24
68.7%
Q1 24
70.3%
Operating Margin
DNUT
DNUT
LIVN
LIVN
Q4 25
-1.9%
11.8%
Q3 25
-1.9%
15.1%
Q2 25
-114.4%
15.4%
Q1 25
-5.4%
15.3%
Q4 24
-2.8%
11.5%
Q3 24
-4.2%
11.2%
Q2 24
1.6%
12.6%
Q1 24
2.7%
5.5%
Net Margin
DNUT
DNUT
LIVN
LIVN
Q4 25
-7.1%
8.6%
Q3 25
-5.2%
7.5%
Q2 25
-114.6%
7.7%
Q1 25
-8.9%
-103.3%
Q4 24
-5.6%
17.4%
Q3 24
10.4%
10.4%
Q2 24
-1.3%
5.1%
Q1 24
-1.9%
-14.2%
EPS (diluted)
DNUT
DNUT
LIVN
LIVN
Q4 25
$-0.18
$0.57
Q3 25
$-0.11
$0.49
Q2 25
$-2.55
$0.50
Q1 25
$-0.20
$-6.01
Q4 24
$-0.13
$1.04
Q3 24
$0.23
$0.60
Q2 24
$-0.03
$0.30
Q1 24
$-0.05
$-0.78

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
LIVN
LIVN
Cash + ST InvestmentsLiquidity on hand
$42.4M
$635.6M
Total DebtLower is stronger
$911.9M
$376.1M
Stockholders' EquityBook value
$650.1M
$1.2B
Total Assets
$2.6B
$2.6B
Debt / EquityLower = less leverage
1.40×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
LIVN
LIVN
Q4 25
$42.4M
$635.6M
Q3 25
$30.7M
$646.1M
Q2 25
$21.3M
$593.6M
Q1 25
$18.7M
$738.4M
Q4 24
$29.0M
$428.9M
Q3 24
$25.4M
$346.4M
Q2 24
$28.6M
$329.2M
Q1 24
$33.1M
$309.2M
Total Debt
DNUT
DNUT
LIVN
LIVN
Q4 25
$911.9M
$376.1M
Q3 25
$906.2M
$434.5M
Q2 25
$889.4M
$430.6M
Q1 25
$935.0M
$628.2M
Q4 24
$844.5M
$627.0M
Q3 24
$804.6M
$625.5M
Q2 24
$895.0M
$624.5M
Q1 24
$881.8M
$623.8M
Stockholders' Equity
DNUT
DNUT
LIVN
LIVN
Q4 25
$650.1M
$1.2B
Q3 25
$670.3M
$1.2B
Q2 25
$693.6M
$1.1B
Q1 25
$1.1B
$1.0B
Q4 24
$1.1B
$1.3B
Q3 24
$1.2B
$1.3B
Q2 24
$1.1B
$1.2B
Q1 24
$1.2B
$1.2B
Total Assets
DNUT
DNUT
LIVN
LIVN
Q4 25
$2.6B
$2.6B
Q3 25
$2.6B
$2.6B
Q2 25
$2.6B
$2.5B
Q1 25
$3.1B
$2.6B
Q4 24
$3.1B
$2.5B
Q3 24
$3.1B
$2.5B
Q2 24
$3.2B
$2.5B
Q1 24
$3.2B
$2.5B
Debt / Equity
DNUT
DNUT
LIVN
LIVN
Q4 25
1.40×
0.31×
Q3 25
1.35×
0.38×
Q2 25
1.28×
0.38×
Q1 25
0.85×
0.61×
Q4 24
0.74×
0.47×
Q3 24
0.68×
0.48×
Q2 24
0.79×
0.50×
Q1 24
0.76×
0.51×

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
LIVN
LIVN
Operating Cash FlowLast quarter
$45.0M
$82.4M
Free Cash FlowOCF − Capex
$27.9M
$50.2M
FCF MarginFCF / Revenue
7.1%
13.9%
Capex IntensityCapex / Revenue
4.4%
8.9%
Cash ConversionOCF / Net Profit
2.67×
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$173.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
LIVN
LIVN
Q4 25
$45.0M
$82.4M
Q3 25
$42.3M
$85.1M
Q2 25
$-32.5M
$62.9M
Q1 25
$-20.8M
$24.0M
Q4 24
$27.0M
$78.7M
Q3 24
$3.3M
$51.0M
Q2 24
$33.2M
$43.4M
Q1 24
$-17.7M
$10.0M
Free Cash Flow
DNUT
DNUT
LIVN
LIVN
Q4 25
$27.9M
$50.2M
Q3 25
$15.5M
$62.2M
Q2 25
$-60.8M
$47.8M
Q1 25
$-46.7M
$13.2M
Q4 24
$-6.9M
$68.3M
Q3 24
$-22.9M
$32.8M
Q2 24
$1.6M
$31.2M
Q1 24
$-46.8M
$3.6M
FCF Margin
DNUT
DNUT
LIVN
LIVN
Q4 25
7.1%
13.9%
Q3 25
4.1%
17.4%
Q2 25
-16.0%
13.6%
Q1 25
-12.5%
4.2%
Q4 24
-1.7%
21.2%
Q3 24
-6.0%
10.3%
Q2 24
0.4%
9.8%
Q1 24
-10.6%
1.2%
Capex Intensity
DNUT
DNUT
LIVN
LIVN
Q4 25
4.4%
8.9%
Q3 25
7.1%
6.4%
Q2 25
7.4%
4.3%
Q1 25
6.9%
3.4%
Q4 24
8.4%
3.2%
Q3 24
6.9%
5.7%
Q2 24
7.2%
3.8%
Q1 24
6.6%
2.2%
Cash Conversion
DNUT
DNUT
LIVN
LIVN
Q4 25
2.67×
Q3 25
3.18×
Q2 25
2.32×
Q1 25
Q4 24
1.41×
Q3 24
0.08×
1.55×
Q2 24
2.65×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

LIVN
LIVN

Other$169.4M47%
Neuromodulation Segment$119.7M33%
Cardiopulmonary Segment$71.8M20%

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