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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and TIDEWATER INC (TDW). Click either name above to swap in a different company.
Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $336.8M, roughly 1.2× TIDEWATER INC). TIDEWATER INC runs the higher net margin — 65.3% vs -7.1%, a 72.4% gap on every dollar of revenue. On growth, TIDEWATER INC posted the faster year-over-year revenue change (-2.4% vs -2.9%). TIDEWATER INC produced more free cash flow last quarter ($147.8M vs $27.9M). Over the past eight quarters, TIDEWATER INC's revenue compounded faster (2.4% 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...
Tidewater, Inc. is a publicly traded international petroleum service company headquartered in Houston, Texas, U.S. It operates a fleet of ships, primarily providing vessels and marine services to the offshore petroleum and offshore wind industries.
DNUT vs TDW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $392.4M | $336.8M |
| Net Profit | $-27.8M | $219.9M |
| Gross Margin | — | — |
| Operating Margin | -1.9% | 19.0% |
| Net Margin | -7.1% | 65.3% |
| Revenue YoY | -2.9% | -2.4% |
| Net Profit YoY | -23.8% | 495.8% |
| EPS (diluted) | $-0.18 | $4.37 |
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.
| Q4 25 | $392.4M | $336.8M | ||
| Q3 25 | $375.3M | $341.1M | ||
| Q2 25 | $379.8M | $341.4M | ||
| Q1 25 | $375.2M | $333.4M | ||
| Q4 24 | $404.0M | $345.1M | ||
| Q3 24 | $379.9M | $340.4M | ||
| Q2 24 | $438.8M | $339.2M | ||
| Q1 24 | $442.7M | $321.2M |
| Q4 25 | $-27.8M | $219.9M | ||
| Q3 25 | $-19.4M | $-806.0K | ||
| Q2 25 | $-435.3M | $72.9M | ||
| Q1 25 | $-33.3M | $42.7M | ||
| Q4 24 | $-22.4M | $36.9M | ||
| Q3 24 | $39.6M | $46.4M | ||
| Q2 24 | $-5.5M | $50.4M | ||
| Q1 24 | $-8.5M | $47.0M |
| Q4 25 | -1.9% | 19.0% | ||
| Q3 25 | -1.9% | 18.4% | ||
| Q2 25 | -114.4% | 23.7% | ||
| Q1 25 | -5.4% | 22.5% | ||
| Q4 24 | -2.8% | 23.6% | ||
| Q3 24 | -4.2% | 20.6% | ||
| Q2 24 | 1.6% | 23.0% | ||
| Q1 24 | 2.7% | 25.5% |
| Q4 25 | -7.1% | 65.3% | ||
| Q3 25 | -5.2% | -0.2% | ||
| Q2 25 | -114.6% | 21.4% | ||
| Q1 25 | -8.9% | 12.8% | ||
| Q4 24 | -5.6% | 10.7% | ||
| Q3 24 | 10.4% | 13.6% | ||
| Q2 24 | -1.3% | 14.8% | ||
| Q1 24 | -1.9% | 14.6% |
| Q4 25 | $-0.18 | $4.37 | ||
| Q3 25 | $-0.11 | $-0.02 | ||
| Q2 25 | $-2.55 | $1.46 | ||
| Q1 25 | $-0.20 | $0.83 | ||
| Q4 24 | $-0.13 | $0.70 | ||
| Q3 24 | $0.23 | $0.87 | ||
| Q2 24 | $-0.03 | $0.94 | ||
| Q1 24 | $-0.05 | $0.89 |
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 | $578.8M |
| Total DebtLower is stronger | $911.9M | $670.1M |
| Stockholders' EquityBook value | $650.1M | $1.4B |
| Total Assets | $2.6B | $2.4B |
| Debt / EquityLower = less leverage | 1.40× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $42.4M | $578.8M | ||
| Q3 25 | $30.7M | $428.2M | ||
| Q2 25 | $21.3M | $369.4M | ||
| Q1 25 | $18.7M | $341.8M | ||
| Q4 24 | $29.0M | $324.9M | ||
| Q3 24 | $25.4M | $280.8M | ||
| Q2 24 | $28.6M | $315.9M | ||
| Q1 24 | $33.1M | $280.9M |
| Q4 25 | $911.9M | $670.1M | ||
| Q3 25 | $906.2M | — | ||
| Q2 25 | $889.4M | — | ||
| Q1 25 | $935.0M | — | ||
| Q4 24 | $844.5M | $647.9M | ||
| Q3 24 | $804.6M | — | ||
| Q2 24 | $895.0M | — | ||
| Q1 24 | $881.8M | — |
| Q4 25 | $650.1M | $1.4B | ||
| Q3 25 | $670.3M | $1.1B | ||
| Q2 25 | $693.6M | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.2B | $1.1B |
| Q4 25 | $2.6B | $2.4B | ||
| Q3 25 | $2.6B | $2.1B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $3.1B | $2.1B | ||
| Q4 24 | $3.1B | $2.1B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.2B | $2.1B | ||
| Q1 24 | $3.2B | $2.1B |
| Q4 25 | 1.40× | 0.49× | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.74× | 0.58× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $45.0M | $153.0M |
| Free Cash FlowOCF − Capex | $27.9M | $147.8M |
| FCF MarginFCF / Revenue | 7.1% | 43.9% |
| Capex IntensityCapex / Revenue | 4.4% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 0.70× |
| TTM Free Cash FlowTrailing 4 quarters | $-64.0M | $353.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $45.0M | $153.0M | ||
| Q3 25 | $42.3M | $54.7M | ||
| Q2 25 | $-32.5M | $85.4M | ||
| Q1 25 | $-20.8M | $86.0M | ||
| Q4 24 | $27.0M | $100.0M | ||
| Q3 24 | $3.3M | $49.0M | ||
| Q2 24 | $33.2M | $78.6M | ||
| Q1 24 | $-17.7M | $54.8M |
| Q4 25 | $27.9M | $147.8M | ||
| Q3 25 | $15.5M | $49.6M | ||
| Q2 25 | $-60.8M | $80.2M | ||
| Q1 25 | $-46.7M | $75.7M | ||
| Q4 24 | $-6.9M | $95.5M | ||
| Q3 24 | $-22.9M | $43.3M | ||
| Q2 24 | $1.6M | $72.3M | ||
| Q1 24 | $-46.8M | $43.8M |
| Q4 25 | 7.1% | 43.9% | ||
| Q3 25 | 4.1% | 14.5% | ||
| Q2 25 | -16.0% | 23.5% | ||
| Q1 25 | -12.5% | 22.7% | ||
| Q4 24 | -1.7% | 27.7% | ||
| Q3 24 | -6.0% | 12.7% | ||
| Q2 24 | 0.4% | 21.3% | ||
| Q1 24 | -10.6% | 13.6% |
| Q4 25 | 4.4% | 1.5% | ||
| Q3 25 | 7.1% | 1.5% | ||
| Q2 25 | 7.4% | 1.5% | ||
| Q1 25 | 6.9% | 3.1% | ||
| Q4 24 | 8.4% | 1.3% | ||
| Q3 24 | 6.9% | 1.7% | ||
| Q2 24 | 7.2% | 1.9% | ||
| Q1 24 | 6.6% | 3.4% |
| Q4 25 | — | 0.70× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 2.02× | ||
| Q4 24 | — | 2.71× | ||
| Q3 24 | 0.08× | 1.06× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | — | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
