Krispy Kreme (DNUT) Gross Margin (2020 - 2026)
Krispy Kreme (DNUT) posted Gross Margin of 52.0% for Q2 2026, up 6.67% on a QoQ basis from 48.75% in Q1 2026, and up 749.0% year-over-year from 6.13% in Q2 2025.
Analysis
Krispy Kreme (DNUT) Gross Margin (2020 - 2026) Analysis & Trends
Krispy Kreme has reported Gross Margin for 7 years, with the latest figure at 52.0% in Q2 2026.
- On a quarterly basis, Gross Margin rose 749.0% year-over-year to 52.0% in Q2 2026; TTM through Jun 2026 was 49.75%, a 186.0% increase from a year earlier, with the FY2025 full-year figure at 47.52%, down 385.0% from the prior year.
- Gross Margin was 52.0% for Q2 2026 at Krispy Kreme, up from 48.75% in the prior quarter.
- The five-year high for Gross Margin was 55.5% in Q4 2023, with the low at 44.52% in Q2 2025.
- Average Gross Margin over 5 years is 51.44%, with a median of 52.02% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Gross Margin sank 706 bps in 2025, then soared 749 bps in 2026.
- Over 5 years, Gross Margin stood at 52.96% in 2022, then advanced by 5 bps to 55.5% in 2023, then decreased by 9 bps to 50.45% in 2024, then grew by 0 bps to 50.68% in 2025, then increased by 3 bps to 52.0% in 2026.
- The last three Gross Margin figures came in at 52.0% (Q2 2026), 48.75% (Q1 2026), and 50.68% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 179.24 Bn | 178.42 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 113.05 Bn | 109.44 Bn | 6.49 Bn | 69.66% |
| 3 | Chipotle Mexican Grill | 46.20 Bn | 45.52 Bn | 2.35 Bn | 70.33% |
| 4 | Yum Brands | 39.59 Bn | 38.92 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 26.58 Bn | 25.52 Bn | 1.89 Bn | 74.80% |
| 6 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 74.80% |
| 7 | Yum China Holdings | 14.70 Bn | 13.32 Bn | 2.22 Bn | 70.75% |
| 8 | Dominos Pizza | 10.53 Bn | 10.33 Bn | 478.23 Mn | 40.04% |
| 9 | Cava | 6.31 Bn | 5.88 Bn | 95.58 Mn | 25.94% |
| 10 | Krispy Kreme | 553.11 Mn | 530.97 Mn | 172.13 Mn | 52.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 52.00% |
| Mar 29, 2026 | 48.75% |
| Dec 28, 2025 | 50.68% |
| Sep 28, 2025 | 47.79% |
| Jun 29, 2025 | 44.52% |
| Mar 30, 2025 | 47.00% |
| Dec 29, 2024 | 50.45% |
| Sep 29, 2024 | 49.45% |
| Jun 30, 2024 | 51.57% |
| Mar 31, 2024 | 53.65% |
| Dec 31, 2023 | 55.50% |
| Oct 1, 2023 | 52.04% |
| Jul 2, 2023 | 53.74% |
| Apr 2, 2023 | 54.31% |
| Jan 1, 2023 | 53.20% |
| Oct 2, 2022 | 52.96% |
| Jul 3, 2022 | 53.65% |
| Apr 3, 2022 | 54.71% |
| Oct 3, 2021 | 54.11% |
| Jul 4, 2021 | 54.79% |