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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $212.2M, roughly 1.8× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs -7.1%, a 25.9% gap on every dollar of revenue. On growth, LiveRamp Holdings, Inc. posted the faster year-over-year revenue change (8.6% vs -2.9%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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...

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

DNUT vs RAMP — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.8× larger
DNUT
$392.4M
$212.2M
RAMP
Growing faster (revenue YoY)
RAMP
RAMP
+11.5% gap
RAMP
8.6%
-2.9%
DNUT
Higher net margin
RAMP
RAMP
25.9% more per $
RAMP
18.8%
-7.1%
DNUT
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DNUT
DNUT
RAMP
RAMP
Revenue
$392.4M
$212.2M
Net Profit
$-27.8M
$39.9M
Gross Margin
71.9%
Operating Margin
-1.9%
18.6%
Net Margin
-7.1%
18.8%
Revenue YoY
-2.9%
8.6%
Net Profit YoY
-23.8%
255.7%
EPS (diluted)
$-0.18
$0.62

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
RAMP
RAMP
Q4 25
$392.4M
$212.2M
Q3 25
$375.3M
$199.8M
Q2 25
$379.8M
$194.8M
Q1 25
$375.2M
$188.7M
Q4 24
$404.0M
$195.4M
Q3 24
$379.9M
$185.5M
Q2 24
$438.8M
$176.0M
Q1 24
$442.7M
$171.9M
Net Profit
DNUT
DNUT
RAMP
RAMP
Q4 25
$-27.8M
$39.9M
Q3 25
$-19.4M
$27.4M
Q2 25
$-435.3M
$7.7M
Q1 25
$-33.3M
$-6.3M
Q4 24
$-22.4M
$11.2M
Q3 24
$39.6M
$1.7M
Q2 24
$-5.5M
$-7.5M
Q1 24
$-8.5M
$-5.4M
Gross Margin
DNUT
DNUT
RAMP
RAMP
Q4 25
71.9%
Q3 25
70.2%
Q2 25
70.1%
Q1 25
69.3%
Q4 24
71.9%
Q3 24
72.4%
Q2 24
70.6%
Q1 24
72.2%
Operating Margin
DNUT
DNUT
RAMP
RAMP
Q4 25
-1.9%
18.6%
Q3 25
-1.9%
10.7%
Q2 25
-114.4%
3.7%
Q1 25
-5.4%
-6.1%
Q4 24
-2.8%
7.5%
Q3 24
-4.2%
4.0%
Q2 24
1.6%
-3.0%
Q1 24
2.7%
-8.3%
Net Margin
DNUT
DNUT
RAMP
RAMP
Q4 25
-7.1%
18.8%
Q3 25
-5.2%
13.7%
Q2 25
-114.6%
4.0%
Q1 25
-8.9%
-3.3%
Q4 24
-5.6%
5.7%
Q3 24
10.4%
0.9%
Q2 24
-1.3%
-4.3%
Q1 24
-1.9%
-3.1%
EPS (diluted)
DNUT
DNUT
RAMP
RAMP
Q4 25
$-0.18
$0.62
Q3 25
$-0.11
$0.42
Q2 25
$-2.55
$0.12
Q1 25
$-0.20
$-0.10
Q4 24
$-0.13
$0.17
Q3 24
$0.23
$0.03
Q2 24
$-0.03
$-0.11
Q1 24
$-0.05
$-0.09

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$42.4M
$403.4M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$962.3M
Total Assets
$2.6B
$1.3B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
RAMP
RAMP
Q4 25
$42.4M
$403.4M
Q3 25
$30.7M
$376.9M
Q2 25
$21.3M
$371.1M
Q1 25
$18.7M
$420.8M
Q4 24
$29.0M
$384.3M
Q3 24
$25.4M
$348.4M
Q2 24
$28.6M
$342.7M
Q1 24
$33.1M
$368.9M
Total Debt
DNUT
DNUT
RAMP
RAMP
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 24
$881.8M
Stockholders' Equity
DNUT
DNUT
RAMP
RAMP
Q4 25
$650.1M
$962.3M
Q3 25
$670.3M
$943.8M
Q2 25
$693.6M
$947.8M
Q1 25
$1.1B
$948.9M
Q4 24
$1.1B
$957.7M
Q3 24
$1.2B
$932.1M
Q2 24
$1.1B
$951.9M
Q1 24
$1.2B
$949.1M
Total Assets
DNUT
DNUT
RAMP
RAMP
Q4 25
$2.6B
$1.3B
Q3 25
$2.6B
$1.2B
Q2 25
$2.6B
$1.2B
Q1 25
$3.1B
$1.3B
Q4 24
$3.1B
$1.3B
Q3 24
$3.1B
$1.2B
Q2 24
$3.2B
$1.2B
Q1 24
$3.2B
$1.2B
Debt / Equity
DNUT
DNUT
RAMP
RAMP
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×
Q1 24
0.76×

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
RAMP
RAMP
Operating Cash FlowLast quarter
$45.0M
Free Cash FlowOCF − Capex
$27.9M
FCF MarginFCF / Revenue
7.1%
Capex IntensityCapex / Revenue
4.4%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
RAMP
RAMP
Q4 25
$45.0M
Q3 25
$42.3M
$57.4M
Q2 25
$-32.5M
$-15.8M
Q1 25
$-20.8M
Q4 24
$27.0M
$45.1M
Q3 24
$3.3M
$55.6M
Q2 24
$33.2M
$-9.3M
Q1 24
$-17.7M
Free Cash Flow
DNUT
DNUT
RAMP
RAMP
Q4 25
$27.9M
Q3 25
$15.5M
$56.8M
Q2 25
$-60.8M
$-16.2M
Q1 25
$-46.7M
Q4 24
$-6.9M
$44.8M
Q3 24
$-22.9M
$55.4M
Q2 24
$1.6M
$-9.6M
Q1 24
$-46.8M
FCF Margin
DNUT
DNUT
RAMP
RAMP
Q4 25
7.1%
Q3 25
4.1%
28.4%
Q2 25
-16.0%
-8.3%
Q1 25
-12.5%
Q4 24
-1.7%
22.9%
Q3 24
-6.0%
29.8%
Q2 24
0.4%
-5.4%
Q1 24
-10.6%
Capex Intensity
DNUT
DNUT
RAMP
RAMP
Q4 25
4.4%
0.1%
Q3 25
7.1%
0.3%
Q2 25
7.4%
0.2%
Q1 25
6.9%
0.2%
Q4 24
8.4%
0.1%
Q3 24
6.9%
0.1%
Q2 24
7.2%
0.1%
Q1 24
6.6%
1.0%
Cash Conversion
DNUT
DNUT
RAMP
RAMP
Q4 25
Q3 25
2.09×
Q2 25
-2.04×
Q1 25
Q4 24
4.02×
Q3 24
0.08×
32.10×
Q2 24
Q1 24

Financial Flow Comparison

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

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