NASDAQ$DNUT

Krispy Kreme Inc. · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Krispy Kreme reported Q3 2025 total net revenues of $375.3M with a net loss of $20.1M ($0.11 per share).

Total net revenues declined slightly to $375.3 million with U.S. shop and franchise trends mixed. Net loss was $20.1 million, or $(0.11) per share, including impairment and interest expense.

  • Q3 total net revenues $375.3M.
  • Net loss $20.1M; diluted EPS $(0.11).
  • U.S. and international segment performance diverged.
  • Brand partnerships and hub-and-spoke expansion continue.

Headline financials

Total Revenue

$375M

Previous: $380M-1.2%
EPS (adj)

-$0.11

Previous: $0.23-147.8%
Capital Expenditures

-$80.8M

Previous: -$86.9M+6.9%
Free Cash Flow

-$100M

Previous: -$47.3M-112.0%
Net Income

-$19.4M

Previous: $39.6M-149.1%
Operating Income

-$7.18M

Previous: -$16M+55.1%
Gross Profit

-$6.32M

Previous: -$1.65M-283.7%

Revenue & EPS history

Krispy Kreme · Revenue · Quarterly

$375M

Q3 2025-1.2%vs Q3 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Krispy Kreme · $407M total across 3 segments · Q3 2023

  • U.S.
    $260M+5.4%
  • International
    $106M+15.4%
  • Market Development
    $41.1M+5.9%

Forward guidance

The filing discusses Krispy Kreme's outlook, capital priorities, and key risks, including guidance or operating targets where disclosed.

Tailwinds

  • Krispy Kreme cites execution and demand supporting the near-term outlook.
  • Balance sheet and capital allocation remain focal points in the filing.

Headwinds

  • GAAP profitability remained under pressure in the quarter.
  • Macro, competition, and input costs may pressure margins quarter to quarter.
  • One-time items and segment mix can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-0.8%

Avg return

Earnings day

+0.7%

Avg return

5 days after

-1.2%

Avg return

30 days after

50%

11 / 22 earnings

Positive

+27.4%

Q4 2025

Best reaction

-24.6%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.1%-9.1%-3.8%
Q4 2025+27.4%+18.1%+8.0%
Q3 2025+3.2%+15.6%+13.8%
Q1 2025-24.6%-25.9%-32.6%
Q4 2024-21.9%-32.0%-39.9%
Q3 2024-8.0%-8.9%-17.6%
Q2 2024+15.0%+11.2%+25.3%
Q1 2024+2.4%-6.3%-16.4%
Q4 2023-7.2%-6.2%-14.2%
Q3 2023-4.6%-0.4%-2.6%
Q2 2023-10.1%-7.8%-8.9%
Q1 2023+0.7%-0.3%+0.7%
Q4 2022+10.9%+7.1%+16.2%
Q3 2022+2.7%+7.5%-6.1%
Q2 2022-13.9%-18.1%-16.0%
Q1 2022+7.2%+18.3%+10.1%
Q4 2019-4.1%+3.6%-1.4%
Q4 2021+4.0%+8.7%+9.7%
Q3 2020+10.2%+10.6%+19.6%
Q3 2021-1.3%+6.6%+10.0%
Q2 2020+6.2%+19.2%+8.3%
Q2 2021-10.6%+3.1%+12.0%
Q1 2021
Q4 2020
Q1 2020
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011

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