Superworth

Krispy Kreme profit margin DNUT

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
−6.2%
Operating margin, 12 months
−2.0%
Net margin on a year earlier
+23.2 pts
Peer median
2.0%

Over the twelve months to Jun 28, 2026, Krispy Kreme kept −6.2% of its revenue as net profit, with an operating margin of −2.0% and a gross margin of 75.2%.

Five years earlier its net margin was −4.7%.

The median for 4 grocers of a similar size is 2.0%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−33.9%−30.8%75.5%
FY20240.2%−0.5%75.4%
FY2023−2.2%0.8%73.7%
FY2022−1.0%1.9%73.4%
FY2021−1.8%3.0%74.4%
FY2020−5.7%0.4%72.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−6.2%+23.2 pts−2.0%
Q1 FY26−33.4%−32.0 pts−29.9%
Q4 FY25−33.9%−34.1 pts−30.8%
Q3 FY25−33.3%−34.9 pts−30.9%
Q2 FY25−29.3%−26.4 pts−31.3%
Q1 FY25−1.4%+1.3 pts−2.6%
Q4 FY240.2%+2.4 pts−0.5%
Q3 FY241.6%+4.3 pts−0.2%
Q2 FY24−3.0%−2.0 pts0.7%
Q1 FY24−2.7%−1.4 pts0.6%
Q4 FY23−2.2%−1.2 pts0.8%
Q3 FY23−2.6%−1.9 pts1.4%

Against its peers

Companies in Grocery Stores nearest Krispy Kreme's size, closest first, today.

CompanyProfit margin
DNUTKrispy Kreme−6.2%
ARKOARKO0.2%
VLGEAVillage Super Market2.2%
NGVCNatural Grocers by Vitamin Cottage3.5%
IMKTAIngles Markets1.9%
Peer median2.0%

Where Krispy Kreme ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Krispy Kreme

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.