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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $295.9M, roughly 1.3× Bio-Techne). Bio-Techne runs the higher net margin — 12.8% vs -7.1%, a 19.9% gap on every dollar of revenue. On growth, Krispy Kreme, Inc. posted the faster year-over-year revenue change (-2.9% vs -6.4%). Over the past eight quarters, Bio-Techne's revenue compounded faster (4.2% 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...

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

DNUT vs TECH — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.3× larger
DNUT
$392.4M
$295.9M
TECH
Growing faster (revenue YoY)
DNUT
DNUT
+3.5% gap
DNUT
-2.9%
-6.4%
TECH
Higher net margin
TECH
TECH
19.9% more per $
TECH
12.8%
-7.1%
DNUT
Faster 2-yr revenue CAGR
TECH
TECH
Annualised
TECH
4.2%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DNUT
DNUT
TECH
TECH
Revenue
$392.4M
$295.9M
Net Profit
$-27.8M
$38.0M
Gross Margin
64.6%
Operating Margin
-1.9%
18.4%
Net Margin
-7.1%
12.8%
Revenue YoY
-2.9%
-6.4%
Net Profit YoY
-23.8%
68.3%
EPS (diluted)
$-0.18
$0.24

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
TECH
TECH
Q4 25
$392.4M
$295.9M
Q3 25
$375.3M
Q2 25
$379.8M
$317.0M
Q1 25
$375.2M
$316.2M
Q4 24
$404.0M
$297.0M
Q3 24
$379.9M
$289.5M
Q2 24
$438.8M
$306.1M
Q1 24
$442.7M
$303.4M
Net Profit
DNUT
DNUT
TECH
TECH
Q4 25
$-27.8M
$38.0M
Q3 25
$-19.4M
Q2 25
$-435.3M
$-17.7M
Q1 25
$-33.3M
$22.6M
Q4 24
$-22.4M
$34.9M
Q3 24
$39.6M
$33.6M
Q2 24
$-5.5M
$40.6M
Q1 24
$-8.5M
$49.1M
Gross Margin
DNUT
DNUT
TECH
TECH
Q4 25
64.6%
Q3 25
Q2 25
62.7%
Q1 25
67.9%
Q4 24
65.3%
Q3 24
63.2%
Q2 24
66.4%
Q1 24
67.4%
Operating Margin
DNUT
DNUT
TECH
TECH
Q4 25
-1.9%
18.4%
Q3 25
-1.9%
Q2 25
-114.4%
-7.5%
Q1 25
-5.4%
12.2%
Q4 24
-2.8%
16.0%
Q3 24
-4.2%
13.8%
Q2 24
1.6%
15.0%
Q1 24
2.7%
22.1%
Net Margin
DNUT
DNUT
TECH
TECH
Q4 25
-7.1%
12.8%
Q3 25
-5.2%
Q2 25
-114.6%
-5.6%
Q1 25
-8.9%
7.1%
Q4 24
-5.6%
11.7%
Q3 24
10.4%
11.6%
Q2 24
-1.3%
13.3%
Q1 24
-1.9%
16.2%
EPS (diluted)
DNUT
DNUT
TECH
TECH
Q4 25
$-0.18
$0.24
Q3 25
$-0.11
Q2 25
$-2.55
$-0.11
Q1 25
$-0.20
$0.14
Q4 24
$-0.13
$0.22
Q3 24
$0.23
$0.21
Q2 24
$-0.03
$0.26
Q1 24
$-0.05
$0.31

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$42.4M
$172.9M
Total DebtLower is stronger
$911.9M
$260.0M
Stockholders' EquityBook value
$650.1M
$2.0B
Total Assets
$2.6B
$2.5B
Debt / EquityLower = less leverage
1.40×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
TECH
TECH
Q4 25
$42.4M
$172.9M
Q3 25
$30.7M
Q2 25
$21.3M
$162.2M
Q1 25
$18.7M
$140.7M
Q4 24
$29.0M
$177.5M
Q3 24
$25.4M
$187.5M
Q2 24
$28.6M
$152.9M
Q1 24
$33.1M
$145.3M
Total Debt
DNUT
DNUT
TECH
TECH
Q4 25
$911.9M
$260.0M
Q3 25
$906.2M
Q2 25
$889.4M
$346.0M
Q1 25
$935.0M
$330.0M
Q4 24
$844.5M
$300.0M
Q3 24
$804.6M
$300.0M
Q2 24
$895.0M
$319.0M
Q1 24
$881.8M
$389.0M
Stockholders' Equity
DNUT
DNUT
TECH
TECH
Q4 25
$650.1M
$2.0B
Q3 25
$670.3M
Q2 25
$693.6M
$1.9B
Q1 25
$1.1B
$2.0B
Q4 24
$1.1B
$2.1B
Q3 24
$1.2B
$2.1B
Q2 24
$1.1B
$2.1B
Q1 24
$1.2B
$2.0B
Total Assets
DNUT
DNUT
TECH
TECH
Q4 25
$2.6B
$2.5B
Q3 25
$2.6B
Q2 25
$2.6B
$2.6B
Q1 25
$3.1B
$2.6B
Q4 24
$3.1B
$2.7B
Q3 24
$3.1B
$2.7B
Q2 24
$3.2B
$2.7B
Q1 24
$3.2B
$2.7B
Debt / Equity
DNUT
DNUT
TECH
TECH
Q4 25
1.40×
0.13×
Q3 25
1.35×
Q2 25
1.28×
0.18×
Q1 25
0.85×
0.16×
Q4 24
0.74×
0.14×
Q3 24
0.68×
0.14×
Q2 24
0.79×
0.15×
Q1 24
0.76×
0.19×

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
TECH
TECH
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
TECH
TECH
Q4 25
$45.0M
Q3 25
$42.3M
Q2 25
$-32.5M
$98.2M
Q1 25
$-20.8M
$41.1M
Q4 24
$27.0M
$84.3M
Q3 24
$3.3M
$63.9M
Q2 24
$33.2M
$75.5M
Q1 24
$-17.7M
$81.0M
Free Cash Flow
DNUT
DNUT
TECH
TECH
Q4 25
$27.9M
Q3 25
$15.5M
Q2 25
$-60.8M
$93.3M
Q1 25
$-46.7M
$31.0M
Q4 24
$-6.9M
$77.5M
Q3 24
$-22.9M
$54.7M
Q2 24
$1.6M
$57.5M
Q1 24
$-46.8M
$64.5M
FCF Margin
DNUT
DNUT
TECH
TECH
Q4 25
7.1%
Q3 25
4.1%
Q2 25
-16.0%
29.4%
Q1 25
-12.5%
9.8%
Q4 24
-1.7%
26.1%
Q3 24
-6.0%
18.9%
Q2 24
0.4%
18.8%
Q1 24
-10.6%
21.3%
Capex Intensity
DNUT
DNUT
TECH
TECH
Q4 25
4.4%
Q3 25
7.1%
Q2 25
7.4%
1.5%
Q1 25
6.9%
3.2%
Q4 24
8.4%
2.3%
Q3 24
6.9%
3.2%
Q2 24
7.2%
5.9%
Q1 24
6.6%
5.4%
Cash Conversion
DNUT
DNUT
TECH
TECH
Q4 25
Q3 25
Q2 25
Q1 25
1.82×
Q4 24
2.42×
Q3 24
0.08×
1.90×
Q2 24
1.86×
Q1 24
1.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

TECH
TECH

Diagnostics And Spatial Biology$81.2M27%
EMEA Excluding UK$75.4M25%
Other$42.4M14%
Instruments$29.6M10%
APAC Excluding Greater China$22.7M8%
Services$22.3M8%
GB$13.7M5%
Royalty$8.5M3%

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