Krispy Kreme (DNUT) Q3 FY2026 earnings: revenue $329 million, down 12.4% on the year
Krispy Kreme, Inc. (DNUT) reported revenue of $329 million for Q3 FY2026, the quarter ended 27 September 2026, down 12.4% on the same quarter a year earlier. Net income was -$13 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.
Revenue
$329 million
-12.4% on the year · -0.7% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
-2.7%
-1.9% a year earlier
Q4 FY2024Q3 FY2026
Net income
-$13 million
Q4 FY2024Q3 FY2026
Diluted EPS
-$0.08
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 1 lowered, 5 kept.
Revenue fell on refranchising: Net revenue was $328.8 million, down 12.4%, mainly from refranchising the western U.S. joint venture and Japan. Management said the decline reflects previously announced refranchising deals.
Systemwide sales rose 1.0%: Systemwide sales reached $490.2 million, up 1.0% in constant currency. Management attributed the growth to international franchise expansion.
Adjusted EBITDA up before prior recovery: Adjusted EBITDA was $35.3 million, down 13.1% against a prior year that included the $9.3 million cyber insurance recovery. Excluding that recovery, growth was 12.7%, or $4.0 million.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
8.7
-10.2
42.3
-79.4%
Capital expenditure
12.5
7.3
26.7
+71.5%
-53.1%
Free cash flow
-3.8
-17.5
15.5
Free cash flow margin
-1.2%
-5.3%
4.1%
Cash from investing
-12.1
-32.1
-27.5
Cash from financing
12.1
-10.8
-3.9
Depreciation and amortisation
26.7
27.0
33.4
-1.0%
-20.1%
Share-based compensation
4.8
3.3
0.8
+45.3%
+517.1%
Buybacks
0.2
0.1
0.4
+66.4%
-47.6%
Dividends paid
0.0
0.0
0.0
Dividend per share
n/a
n/a
$0.04
Diluted shares, weighted
173m
173m
171m
+0.5%
+1.4%
Shares outstanding at period end
174m
173m
171m
+0.6%
+1.4%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
614
618
670
-0.6%
-8.4%
Non-controlling interest
1.8
1.7
23.6
+2.5%
-92.5%
Redeemable equity
0.0
0.0
n/a
Debt
868
865
979
+0.3%
-11.4%
Operating lease liabilities
349
351
411
-0.5%
-14.9%
Finance lease liabilities
38.5
45.4
68.0
-15.2%
-43.4%
Other liabilities
488
482
448
+1.2%
+8.9%
Total liabilities and equity
2,359
2,363
2,600
-0.2%
-9.2%
Goodwill
671
670
708
+0.1%
-5.3%
Intangible assets
722
728
804
-0.8%
-10.2%
Cash and equivalents
30.3
21.8
30.7
+38.8%
-1.3%
Receivables
77.4
77.4
53.8
+0.0%
+43.8%
Inventory
31.2
28.7
28.1
+8.8%
+11.0%
Other assets
828
838
975
-1.1%
-15.1%
Total assets
2,359
2,363
2,600
-0.2%
-9.2%
Questions
What was Krispy Kreme's revenue in Q3 FY2026?
Krispy Kreme (DNUT) reported revenue of $329 million for Q3 FY2026, the quarter ended 27 September 2026, down 12.4% on the same quarter a year earlier.
How much did Krispy Kreme earn in Q3 FY2026?
Net loss for Q3 FY2026 was $13 million, and the diluted loss per share $0.08.
When did Krispy Kreme report Q3 FY2026 results?
Krispy Kreme filed its 10-Q for the quarter ended 27 September 2026 with the SEC on 5 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.
10-Q for the period ended 27 September 2026, filed 5 November 2026: the filing.