Filing Flows › Krispy Kreme (DNUT) › Q3 2026 › vs Q3 2025
Krispy Kreme (DNUT) Q3 2026 vs Q3 2025 (year over year)
Krispy Kreme's revenue fell $46.5M (-12%) from $375M in Q3 2025 to $329M in Q3 2026. The biggest changes: Product sales −$52.1M (-14%); Royalties and other revenues +$5.5M (+58%).
Krispy Kreme, Q3 2026: revenue $329M (-12% year over year), operating margin -2.7%, net loss $13.3M, operating cash flow $8.7M. The chart draws each line against Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Company Shops and Fresh Delivery | $284M | $355M | −$71.7M | -20% |
| Mix and equipment revenue from franchisees | $30.0M | $10.4M | $19.6M | +190% |
| Product sales | $314M | $366M | −$52.1M | -14% |
| Royalties and other revenues | $15.1M | $9.6M | $5.5M | +58% |
| Revenue | $329M | $375M | −$46.5M | -12% |
| Income tax benefit | $8.9M | $2.8M | $6.0M | +215% |
| Net loss | $13.3M | $20.1M | −$6.8M | -34% |
| Costs & expenses | $351M | $398M | −$47.3M | -12% |
| Operating costs | $338M | $382M | −$44.8M | -12% |
| Interest & other, net | $13.2M | $15.8M | −$2.6M | -16% |
| SG&A | $54.6M | $49.4M | $5.2M | +11% |
| Other operating costs | $283M | $333M | −$50.0M | -15% |
| Operating cash sources | $31.5M | $34.2M | −$2.7M | -8% |
| Depreciation & amortization | $26.7M | $33.4M | −$6.7M | -20% |
| Share-based compensation | $4.8M | $774K | $4.0M | +517% |
| Net loss absorbed | $13.3M | $20.1M | −$6.8M | -34% |
| Working capital & other | $9.5M | −$28.2M | $37.7M | — |
| Operating cash flow | $8.7M | $42.3M | −$33.6M | -79% |
| Capital expenditures | $12.5M | $26.7M | −$14.2M | -53% |
| Negative free cash flow (OCF − capex) | $3.8M | −$15.5M | $19.4M | — |
Questions
How much did Krispy Kreme's revenue grow year over year in Q3 2026?
Krispy Kreme's revenue fell $46.5M (-12%) from $375M in Q3 2025 to $329M in Q3 2026.
What drove Krispy Kreme's revenue change in Q3 2026?
Product sales −$52.1M (-14%); Royalties and other revenues +$5.5M (+58%).