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

SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $392.4M, roughly 1.7× Krispy Kreme, Inc.). SouthState Bank Corp runs the higher net margin — 34.1% vs -7.1%, a 41.2% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% 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...

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

DNUT vs SSB — Head-to-Head

Bigger by revenue
SSB
SSB
1.7× larger
SSB
$661.7M
$392.4M
DNUT
Higher net margin
SSB
SSB
41.2% more per $
SSB
34.1%
-7.1%
DNUT
Faster 2-yr revenue CAGR
SSB
SSB
Annualised
SSB
37.4%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DNUT
DNUT
SSB
SSB
Revenue
$392.4M
$661.7M
Net Profit
$-27.8M
$225.8M
Gross Margin
Operating Margin
-1.9%
15.1%
Net Margin
-7.1%
34.1%
Revenue YoY
-2.9%
Net Profit YoY
-23.8%
153.5%
EPS (diluted)
$-0.18
$2.28

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
SSB
SSB
Q1 26
$661.7M
Q4 25
$392.4M
$581.1M
Q3 25
$375.3M
$599.7M
Q2 25
$379.8M
$577.9M
Q1 25
$375.2M
$544.5M
Q4 24
$404.0M
$369.8M
Q3 24
$379.9M
$351.5M
Q2 24
$438.8M
$350.3M
Net Profit
DNUT
DNUT
SSB
SSB
Q1 26
$225.8M
Q4 25
$-27.8M
$247.7M
Q3 25
$-19.4M
$246.6M
Q2 25
$-435.3M
$215.2M
Q1 25
$-33.3M
$89.1M
Q4 24
$-22.4M
$144.2M
Q3 24
$39.6M
$143.2M
Q2 24
$-5.5M
$132.4M
Operating Margin
DNUT
DNUT
SSB
SSB
Q1 26
15.1%
Q4 25
-1.9%
54.3%
Q3 25
-1.9%
53.6%
Q2 25
-114.4%
48.8%
Q1 25
-5.4%
22.3%
Q4 24
-2.8%
50.7%
Q3 24
-4.2%
53.1%
Q2 24
1.6%
49.3%
Net Margin
DNUT
DNUT
SSB
SSB
Q1 26
34.1%
Q4 25
-7.1%
42.6%
Q3 25
-5.2%
41.1%
Q2 25
-114.6%
37.2%
Q1 25
-8.9%
16.4%
Q4 24
-5.6%
39.0%
Q3 24
10.4%
40.7%
Q2 24
-1.3%
37.8%
EPS (diluted)
DNUT
DNUT
SSB
SSB
Q1 26
$2.28
Q4 25
$-0.18
$2.47
Q3 25
$-0.11
$2.42
Q2 25
$-2.55
$2.11
Q1 25
$-0.20
$0.87
Q4 24
$-0.13
$1.88
Q3 24
$0.23
$1.86
Q2 24
$-0.03
$1.73

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$42.4M
$2.9B
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$9.0B
Total Assets
$2.6B
$68.0B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
SSB
SSB
Q1 26
$2.9B
Q4 25
$42.4M
Q3 25
$30.7M
Q2 25
$21.3M
Q1 25
$18.7M
Q4 24
$29.0M
Q3 24
$25.4M
Q2 24
$28.6M
Total Debt
DNUT
DNUT
SSB
SSB
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
Stockholders' Equity
DNUT
DNUT
SSB
SSB
Q1 26
$9.0B
Q4 25
$650.1M
$9.1B
Q3 25
$670.3M
$9.0B
Q2 25
$693.6M
$8.8B
Q1 25
$1.1B
$8.6B
Q4 24
$1.1B
$5.9B
Q3 24
$1.2B
$5.9B
Q2 24
$1.1B
$5.7B
Total Assets
DNUT
DNUT
SSB
SSB
Q1 26
$68.0B
Q4 25
$2.6B
$67.2B
Q3 25
$2.6B
$66.0B
Q2 25
$2.6B
$65.9B
Q1 25
$3.1B
$65.1B
Q4 24
$3.1B
$46.4B
Q3 24
$3.1B
$46.1B
Q2 24
$3.2B
$45.5B
Debt / Equity
DNUT
DNUT
SSB
SSB
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
DNUT
DNUT
SSB
SSB
Operating Cash FlowLast quarter
$45.0M
Free Cash FlowOCF − Capex
$27.9M
FCF MarginFCF / Revenue
7.1%
Capex IntensityCapex / Revenue
4.4%
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
SSB
SSB
Q1 26
Q4 25
$45.0M
$232.1M
Q3 25
$42.3M
$122.4M
Q2 25
$-32.5M
$72.6M
Q1 25
$-20.8M
$-126.3M
Q4 24
$27.0M
$354.3M
Q3 24
$3.3M
$-246.8M
Q2 24
$33.2M
$126.8M
Free Cash Flow
DNUT
DNUT
SSB
SSB
Q1 26
Q4 25
$27.9M
$215.5M
Q3 25
$15.5M
$101.7M
Q2 25
$-60.8M
$52.5M
Q1 25
$-46.7M
$-139.1M
Q4 24
$-6.9M
$340.9M
Q3 24
$-22.9M
$-254.2M
Q2 24
$1.6M
$117.3M
FCF Margin
DNUT
DNUT
SSB
SSB
Q1 26
Q4 25
7.1%
37.1%
Q3 25
4.1%
17.0%
Q2 25
-16.0%
9.1%
Q1 25
-12.5%
-25.5%
Q4 24
-1.7%
92.2%
Q3 24
-6.0%
-72.3%
Q2 24
0.4%
33.5%
Capex Intensity
DNUT
DNUT
SSB
SSB
Q1 26
Q4 25
4.4%
2.9%
Q3 25
7.1%
3.5%
Q2 25
7.4%
3.5%
Q1 25
6.9%
2.4%
Q4 24
8.4%
3.6%
Q3 24
6.9%
2.1%
Q2 24
7.2%
2.7%
Cash Conversion
DNUT
DNUT
SSB
SSB
Q1 26
Q4 25
0.94×
Q3 25
0.50×
Q2 25
0.34×
Q1 25
-1.42×
Q4 24
2.46×
Q3 24
0.08×
-1.72×
Q2 24
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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