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

Krispy Kreme, Inc. is the larger business by last-quarter revenue ($392.4M vs $330.7M, roughly 1.2× WEBTOON Entertainment Inc.). Krispy Kreme, Inc. runs the higher net margin — -7.1% vs -93.0%, a 85.9% gap on every dollar of revenue. Krispy Kreme, Inc. produced more free cash flow last quarter ($27.9M vs $7.0M).

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...

Webtoon is a South Korean-American webtoon platform launched in 2004 by Naver Corporation, providing hosting for webtoons and compact digital comics. The platform, controlled by Naver and the Naver-SoftBank Group joint venture LY Corporation through a Delaware-domiciled, Los Angeles, California-headquartered holding company Webtoon Entertainment Inc., is free and can be found both on the web at Webtoons.com and on mobile devices available for both Android and iOS.

DNUT vs WBTN — Head-to-Head

Bigger by revenue
DNUT
DNUT
1.2× larger
DNUT
$392.4M
$330.7M
WBTN
Higher net margin
DNUT
DNUT
85.9% more per $
DNUT
-7.1%
-93.0%
WBTN
More free cash flow
DNUT
DNUT
$20.9M more FCF
DNUT
$27.9M
$7.0M
WBTN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
WBTN
WBTN
Revenue
$392.4M
$330.7M
Net Profit
$-27.8M
$-307.6M
Gross Margin
24.3%
Operating Margin
-1.9%
-4.0%
Net Margin
-7.1%
-93.0%
Revenue YoY
-2.9%
Net Profit YoY
-23.8%
EPS (diluted)
$-0.18
$-2.37

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.

Revenue
DNUT
DNUT
WBTN
WBTN
Q4 25
$392.4M
$330.7M
Q3 25
$375.3M
$378.0M
Q2 25
$379.8M
$348.3M
Q1 25
$375.2M
$325.7M
Q4 24
$404.0M
Q3 24
$379.9M
$347.9M
Q2 24
$438.8M
$321.0M
Q1 24
$442.7M
Net Profit
DNUT
DNUT
WBTN
WBTN
Q4 25
$-27.8M
$-307.6M
Q3 25
$-19.4M
$-11.6M
Q2 25
$-435.3M
$-4.3M
Q1 25
$-33.3M
$-22.4M
Q4 24
$-22.4M
Q3 24
$39.6M
$19.8M
Q2 24
$-5.5M
$-76.9M
Q1 24
$-8.5M
Gross Margin
DNUT
DNUT
WBTN
WBTN
Q4 25
24.3%
Q3 25
21.9%
Q2 25
25.1%
Q1 25
22.0%
Q4 24
Q3 24
26.3%
Q2 24
25.9%
Q1 24
Operating Margin
DNUT
DNUT
WBTN
WBTN
Q4 25
-1.9%
-4.0%
Q3 25
-1.9%
-3.9%
Q2 25
-114.4%
-2.5%
Q1 25
-5.4%
-8.2%
Q4 24
-2.8%
Q3 24
-4.2%
-2.3%
Q2 24
1.6%
-24.6%
Q1 24
2.7%
Net Margin
DNUT
DNUT
WBTN
WBTN
Q4 25
-7.1%
-93.0%
Q3 25
-5.2%
-3.1%
Q2 25
-114.6%
-1.2%
Q1 25
-8.9%
-6.9%
Q4 24
-5.6%
Q3 24
10.4%
5.7%
Q2 24
-1.3%
-24.0%
Q1 24
-1.9%
EPS (diluted)
DNUT
DNUT
WBTN
WBTN
Q4 25
$-0.18
$-2.37
Q3 25
$-0.11
$-0.09
Q2 25
$-2.55
$-0.03
Q1 25
$-0.20
$-0.17
Q4 24
$-0.13
Q3 24
$0.23
$0.15
Q2 24
$-0.03
$-0.70
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
DNUT
DNUT
WBTN
WBTN
Cash + ST InvestmentsLiquidity on hand
$42.4M
$581.8M
Total DebtLower is stronger
$911.9M
Stockholders' EquityBook value
$650.1M
$1.2B
Total Assets
$2.6B
$1.6B
Debt / EquityLower = less leverage
1.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
WBTN
WBTN
Q4 25
$42.4M
$581.8M
Q3 25
$30.7M
$584.6M
Q2 25
$21.3M
$581.5M
Q1 25
$18.7M
$550.1M
Q4 24
$29.0M
Q3 24
$25.4M
$585.5M
Q2 24
$28.6M
$572.3M
Q1 24
$33.1M
Total Debt
DNUT
DNUT
WBTN
WBTN
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
WBTN
WBTN
Q4 25
$650.1M
$1.2B
Q3 25
$670.3M
$1.5B
Q2 25
$693.6M
$1.5B
Q1 25
$1.1B
$1.5B
Q4 24
$1.1B
Q3 24
$1.2B
$1.6B
Q2 24
$1.1B
$1.5B
Q1 24
$1.2B
Total Assets
DNUT
DNUT
WBTN
WBTN
Q4 25
$2.6B
$1.6B
Q3 25
$2.6B
$2.0B
Q2 25
$2.6B
$2.0B
Q1 25
$3.1B
$1.9B
Q4 24
$3.1B
Q3 24
$3.1B
$2.1B
Q2 24
$3.2B
$2.0B
Q1 24
$3.2B
Debt / Equity
DNUT
DNUT
WBTN
WBTN
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
WBTN
WBTN
Operating Cash FlowLast quarter
$45.0M
$7.6M
Free Cash FlowOCF − Capex
$27.9M
$7.0M
FCF MarginFCF / Revenue
7.1%
2.1%
Capex IntensityCapex / Revenue
4.4%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$3.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
WBTN
WBTN
Q4 25
$45.0M
$7.6M
Q3 25
$42.3M
$16.5M
Q2 25
$-32.5M
$5.7M
Q1 25
$-20.8M
$-18.7M
Q4 24
$27.0M
Q3 24
$3.3M
$4.1M
Q2 24
$33.2M
Q1 24
$-17.7M
Free Cash Flow
DNUT
DNUT
WBTN
WBTN
Q4 25
$27.9M
$7.0M
Q3 25
$15.5M
$11.8M
Q2 25
$-60.8M
$3.9M
Q1 25
$-46.7M
$-19.2M
Q4 24
$-6.9M
Q3 24
$-22.9M
$3.5M
Q2 24
$1.6M
Q1 24
$-46.8M
FCF Margin
DNUT
DNUT
WBTN
WBTN
Q4 25
7.1%
2.1%
Q3 25
4.1%
3.1%
Q2 25
-16.0%
1.1%
Q1 25
-12.5%
-5.9%
Q4 24
-1.7%
Q3 24
-6.0%
1.0%
Q2 24
0.4%
Q1 24
-10.6%
Capex Intensity
DNUT
DNUT
WBTN
WBTN
Q4 25
4.4%
0.2%
Q3 25
7.1%
1.2%
Q2 25
7.4%
0.5%
Q1 25
6.9%
0.2%
Q4 24
8.4%
Q3 24
6.9%
0.2%
Q2 24
7.2%
Q1 24
6.6%
Cash Conversion
DNUT
DNUT
WBTN
WBTN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.08×
0.21×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

WBTN
WBTN

Other$158.3M48%
KR$125.7M38%
IP Adaptations$25.4M8%
Related Party$21.3M6%

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