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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and PEGASYSTEMS INC (PEGA). Click either name above to swap in a different company.
PEGASYSTEMS INC is the larger business by last-quarter revenue ($430.0M vs $392.4M, roughly 1.1× Krispy Kreme, Inc.). PEGASYSTEMS INC runs the higher net margin — 7.6% vs -7.1%, a 14.7% gap on every dollar of revenue. On growth, Krispy Kreme, Inc. posted the faster year-over-year revenue change (-2.9% vs -9.6%). PEGASYSTEMS INC produced more free cash flow last quarter ($206.5M vs $27.9M). Over the past eight quarters, PEGASYSTEMS INC's revenue compounded faster (10.7% 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...
Pegasystems Inc. (Pega) is a global software company based in Waltham, Massachusetts, in the United States, and founded in 1983. The company has been publicly traded since 1996 as PEGA (NASDAQ). Pega is a low-code platform for workflow automation and generative AI-powered decision-making for businesses.
DNUT vs PEGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $430.0M |
| Net Profit | $-27.8M | $32.8M |
| Gross Margin | — | 75.2% |
| Operating Margin | -1.9% | 8.6% |
| Net Margin | -7.1% | 7.6% |
| Revenue YoY | -2.9% | -9.6% |
| Net Profit YoY | -23.8% | — |
| EPS (diluted) | $-0.18 | $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 | — | $430.0M | ||
| Q4 25 | $392.4M | $504.3M | ||
| Q3 25 | $375.3M | $381.4M | ||
| Q2 25 | $379.8M | $384.5M | ||
| Q1 25 | $375.2M | $475.6M | ||
| Q4 24 | $404.0M | $490.8M | ||
| Q3 24 | $379.9M | $325.1M | ||
| Q2 24 | $438.8M | $351.2M |
| Q1 26 | — | $32.8M | ||
| Q4 25 | $-27.8M | $234.6M | ||
| Q3 25 | $-19.4M | $43.4M | ||
| Q2 25 | $-435.3M | $30.1M | ||
| Q1 25 | $-33.3M | $85.4M | ||
| Q4 24 | $-22.4M | $119.1M | ||
| Q3 24 | $39.6M | $-14.4M | ||
| Q2 24 | $-5.5M | $6.6M |
| Q1 26 | — | 75.2% | ||
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 72.2% | ||
| Q2 25 | — | 71.5% | ||
| Q1 25 | — | 78.5% | ||
| Q4 24 | — | 79.1% | ||
| Q3 24 | — | 70.2% | ||
| Q2 24 | — | 72.4% |
| Q1 26 | — | 8.6% | ||
| Q4 25 | -1.9% | 20.7% | ||
| Q3 25 | -1.9% | 3.8% | ||
| Q2 25 | -114.4% | 4.5% | ||
| Q1 25 | -5.4% | 26.7% | ||
| Q4 24 | -2.8% | 29.1% | ||
| Q3 24 | -4.2% | -3.6% | ||
| Q2 24 | 1.6% | 3.7% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | -7.1% | 46.5% | ||
| Q3 25 | -5.2% | 11.4% | ||
| Q2 25 | -114.6% | 7.8% | ||
| Q1 25 | -8.9% | 18.0% | ||
| Q4 24 | -5.6% | 24.3% | ||
| Q3 24 | 10.4% | -4.4% | ||
| Q2 24 | -1.3% | 1.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.18 | $0.81 | ||
| Q3 25 | $-0.11 | $0.24 | ||
| Q2 25 | $-2.55 | $0.17 | ||
| Q1 25 | $-0.20 | $0.91 | ||
| Q4 24 | $-0.13 | $1.35 | ||
| Q3 24 | $0.23 | $-0.17 | ||
| Q2 24 | $-0.03 | $0.07 |
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 | $270.0M |
| Total DebtLower is stronger | $911.9M | — |
| Stockholders' EquityBook value | $650.1M | $705.9M |
| Total Assets | $2.6B | $1.6B |
| Debt / EquityLower = less leverage | 1.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $270.0M | ||
| Q4 25 | $42.4M | $425.8M | ||
| Q3 25 | $30.7M | $351.4M | ||
| Q2 25 | $21.3M | $411.6M | ||
| Q1 25 | $18.7M | $371.7M | ||
| Q4 24 | $29.0M | $740.0M | ||
| Q3 24 | $25.4M | $703.0M | ||
| Q2 24 | $28.6M | $665.1M |
| Q1 26 | — | — | ||
| 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 26 | — | $705.9M | ||
| Q4 25 | $650.1M | $787.4M | ||
| Q3 25 | $670.3M | $596.8M | ||
| Q2 25 | $693.6M | $624.5M | ||
| Q1 25 | $1.1B | $611.3M | ||
| Q4 24 | $1.1B | $585.5M | ||
| Q3 24 | $1.2B | $473.0M | ||
| Q2 24 | $1.1B | $435.4M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $2.6B | $1.6B | ||
| Q3 25 | $2.6B | $1.3B | ||
| Q2 25 | $2.6B | $1.3B | ||
| Q1 25 | $3.1B | $1.3B | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | $3.1B | $1.6B | ||
| Q2 24 | $3.2B | $1.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $206.5M |
| FCF MarginFCF / Revenue | 7.1% | 48.0% |
| Capex IntensityCapex / Revenue | 4.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | $494.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $45.0M | $158.4M | ||
| Q3 25 | $42.3M | $56.3M | ||
| Q2 25 | $-32.5M | $86.3M | ||
| Q1 25 | $-20.8M | $204.2M | ||
| Q4 24 | $27.0M | $95.2M | ||
| Q3 24 | $3.3M | $30.5M | ||
| Q2 24 | $33.2M | $40.1M |
| Q1 26 | — | $206.5M | ||
| Q4 25 | $27.9M | $152.4M | ||
| Q3 25 | $15.5M | $51.8M | ||
| Q2 25 | $-60.8M | $84.1M | ||
| Q1 25 | $-46.7M | $202.3M | ||
| Q4 24 | $-6.9M | $92.4M | ||
| Q3 24 | $-22.9M | $27.4M | ||
| Q2 24 | $1.6M | $38.8M |
| Q1 26 | — | 48.0% | ||
| Q4 25 | 7.1% | 30.2% | ||
| Q3 25 | 4.1% | 13.6% | ||
| Q2 25 | -16.0% | 21.9% | ||
| Q1 25 | -12.5% | 42.5% | ||
| Q4 24 | -1.7% | 18.8% | ||
| Q3 24 | -6.0% | 8.4% | ||
| Q2 24 | 0.4% | 11.1% |
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 1.2% | ||
| Q3 25 | 7.1% | 1.2% | ||
| Q2 25 | 7.4% | 0.6% | ||
| Q1 25 | 6.9% | 0.4% | ||
| Q4 24 | 8.4% | 0.6% | ||
| Q3 24 | 6.9% | 0.9% | ||
| Q2 24 | 7.2% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.68× | ||
| Q3 25 | — | 1.30× | ||
| Q2 25 | — | 2.87× | ||
| Q1 25 | — | 2.39× | ||
| Q4 24 | — | 0.80× | ||
| Q3 24 | 0.08× | — | ||
| Q2 24 | — | 6.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DNUT
Segment breakdown not available.
PEGA
| Pega Cloud | $205.0M | 48% |
| Subscription license | $94.9M | 22% |
| Maintenance | $75.3M | 18% |
| Consulting | $54.8M | 13% |
