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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $392.4M, roughly 1.9× Krispy Kreme, Inc.). Envista Holdings Corp runs the higher net margin — 4.4% vs -7.1%, a 11.5% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs -2.9%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $27.9M). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (9.7% 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...

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

DNUT vs NVST — Head-to-Head

Bigger by revenue
NVST
NVST
1.9× larger
NVST
$750.6M
$392.4M
DNUT
Growing faster (revenue YoY)
NVST
NVST
+17.8% gap
NVST
15.0%
-2.9%
DNUT
Higher net margin
NVST
NVST
11.5% more per $
NVST
4.4%
-7.1%
DNUT
More free cash flow
NVST
NVST
$63.8M more FCF
NVST
$91.7M
$27.9M
DNUT
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
9.7%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
NVST
NVST
Revenue
$392.4M
$750.6M
Net Profit
$-27.8M
$32.9M
Gross Margin
54.7%
Operating Margin
-1.9%
9.8%
Net Margin
-7.1%
4.4%
Revenue YoY
-2.9%
15.0%
Net Profit YoY
-23.8%
2641.7%
EPS (diluted)
$-0.18
$0.20

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
NVST
NVST
Q4 25
$392.4M
$750.6M
Q3 25
$375.3M
$669.9M
Q2 25
$379.8M
$682.1M
Q1 25
$375.2M
$616.9M
Q4 24
$404.0M
$652.9M
Q3 24
$379.9M
$601.0M
Q2 24
$438.8M
$633.1M
Q1 24
$442.7M
$623.6M
Net Profit
DNUT
DNUT
NVST
NVST
Q4 25
$-27.8M
$32.9M
Q3 25
$-19.4M
$-30.3M
Q2 25
$-435.3M
$26.4M
Q1 25
$-33.3M
$18.0M
Q4 24
$-22.4M
$1.2M
Q3 24
$39.6M
$8.2M
Q2 24
$-5.5M
$-1.2B
Q1 24
$-8.5M
$23.6M
Gross Margin
DNUT
DNUT
NVST
NVST
Q4 25
54.7%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
Q3 24
52.8%
Q2 24
51.6%
Q1 24
57.1%
Operating Margin
DNUT
DNUT
NVST
NVST
Q4 25
-1.9%
9.8%
Q3 25
-1.9%
8.6%
Q2 25
-114.4%
6.8%
Q1 25
-5.4%
6.3%
Q4 24
-2.8%
7.1%
Q3 24
-4.2%
3.5%
Q2 24
1.6%
-182.2%
Q1 24
2.7%
7.7%
Net Margin
DNUT
DNUT
NVST
NVST
Q4 25
-7.1%
4.4%
Q3 25
-5.2%
-4.5%
Q2 25
-114.6%
3.9%
Q1 25
-8.9%
2.9%
Q4 24
-5.6%
0.2%
Q3 24
10.4%
1.4%
Q2 24
-1.3%
-181.9%
Q1 24
-1.9%
3.8%
EPS (diluted)
DNUT
DNUT
NVST
NVST
Q4 25
$-0.18
$0.20
Q3 25
$-0.11
$-0.18
Q2 25
$-2.55
$0.16
Q1 25
$-0.20
$0.10
Q4 24
$-0.13
$0.00
Q3 24
$0.23
$0.05
Q2 24
$-0.03
$-6.69
Q1 24
$-0.05
$0.14

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$42.4M
$1.2B
Total DebtLower is stronger
$911.9M
$1.4B
Stockholders' EquityBook value
$650.1M
$3.1B
Total Assets
$2.6B
$5.7B
Debt / EquityLower = less leverage
1.40×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
NVST
NVST
Q4 25
$42.4M
$1.2B
Q3 25
$30.7M
$1.1B
Q2 25
$21.3M
$1.1B
Q1 25
$18.7M
$1.1B
Q4 24
$29.0M
$1.1B
Q3 24
$25.4M
$991.3M
Q2 24
$28.6M
$1.0B
Q1 24
$33.1M
$948.5M
Total Debt
DNUT
DNUT
NVST
NVST
Q4 25
$911.9M
$1.4B
Q3 25
$906.2M
$1.4B
Q2 25
$889.4M
$1.4B
Q1 25
$935.0M
$1.4B
Q4 24
$844.5M
$1.4B
Q3 24
$804.6M
$1.4B
Q2 24
$895.0M
$1.5B
Q1 24
$881.8M
$1.5B
Stockholders' Equity
DNUT
DNUT
NVST
NVST
Q4 25
$650.1M
$3.1B
Q3 25
$670.3M
$3.1B
Q2 25
$693.6M
$3.1B
Q1 25
$1.1B
$3.0B
Q4 24
$1.1B
$2.9B
Q3 24
$1.2B
$3.1B
Q2 24
$1.1B
$3.0B
Q1 24
$1.2B
$4.1B
Total Assets
DNUT
DNUT
NVST
NVST
Q4 25
$2.6B
$5.7B
Q3 25
$2.6B
$5.6B
Q2 25
$2.6B
$5.7B
Q1 25
$3.1B
$5.5B
Q4 24
$3.1B
$5.4B
Q3 24
$3.1B
$5.5B
Q2 24
$3.2B
$5.4B
Q1 24
$3.2B
$6.6B
Debt / Equity
DNUT
DNUT
NVST
NVST
Q4 25
1.40×
0.47×
Q3 25
1.35×
0.47×
Q2 25
1.28×
0.46×
Q1 25
0.85×
0.47×
Q4 24
0.74×
0.48×
Q3 24
0.68×
0.46×
Q2 24
0.79×
0.51×
Q1 24
0.76×
0.36×

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
NVST
NVST
Operating Cash FlowLast quarter
$45.0M
$108.0M
Free Cash FlowOCF − Capex
$27.9M
$91.7M
FCF MarginFCF / Revenue
7.1%
12.2%
Capex IntensityCapex / Revenue
4.4%
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
NVST
NVST
Q4 25
$45.0M
$108.0M
Q3 25
$42.3M
$78.7M
Q2 25
$-32.5M
$88.7M
Q1 25
$-20.8M
$300.0K
Q4 24
$27.0M
$132.4M
Q3 24
$3.3M
$70.7M
Q2 24
$33.2M
$93.1M
Q1 24
$-17.7M
$40.3M
Free Cash Flow
DNUT
DNUT
NVST
NVST
Q4 25
$27.9M
$91.7M
Q3 25
$15.5M
$67.9M
Q2 25
$-60.8M
$76.4M
Q1 25
$-46.7M
$-5.6M
Q4 24
$-6.9M
$123.8M
Q3 24
$-22.9M
$63.3M
Q2 24
$1.6M
$86.3M
Q1 24
$-46.8M
$29.3M
FCF Margin
DNUT
DNUT
NVST
NVST
Q4 25
7.1%
12.2%
Q3 25
4.1%
10.1%
Q2 25
-16.0%
11.2%
Q1 25
-12.5%
-0.9%
Q4 24
-1.7%
19.0%
Q3 24
-6.0%
10.5%
Q2 24
0.4%
13.6%
Q1 24
-10.6%
4.7%
Capex Intensity
DNUT
DNUT
NVST
NVST
Q4 25
4.4%
2.2%
Q3 25
7.1%
1.6%
Q2 25
7.4%
1.8%
Q1 25
6.9%
1.0%
Q4 24
8.4%
1.3%
Q3 24
6.9%
1.2%
Q2 24
7.2%
1.1%
Q1 24
6.6%
1.8%
Cash Conversion
DNUT
DNUT
NVST
NVST
Q4 25
3.28×
Q3 25
Q2 25
3.36×
Q1 25
0.02×
Q4 24
110.33×
Q3 24
0.08×
8.62×
Q2 24
Q1 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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