Krispy Kreme (DNUT) Gross Margin (2020 - 2026)
Krispy Kreme (DNUT) posted quarterly Gross Margin of 48.75% for Q1 2026, down 4852.0% year-over-year from 1.03% in Q1 2025, and down 69.49% quarter-over-quarter from 159.76% in Q4 2025.
Krispy Kreme (DNUT) Gross Margin (2020 - 2026) Analysis & Trends
Krispy Kreme's Gross Margin history runs 7 years deep, the most recent figure standing at 48.75% for Q1 2026.
- In Q1 2026, Gross Margin fell 4852.0% year-over-year to 48.75%; the TTM figure through Mar 2026 stood at 95.9% (down 1933.0% YoY), while the FY2025 annual figure was 97.04%, down 10.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.75%, down from 159.76% in the prior quarter.
- The five-year high for Gross Margin was 239.11% in Q4 2024, with the low at 48.75% in Q1 2026.
- The 5-year median for Gross Margin is 75.83% (2024), against an average of 97.79%.
- The sharpest annual moves came in 2023 and 2025: Gross Margin jumped 11967 bps in 2023, then tumbled 7935 bps in 2025.
- Krispy Kreme's Gross Margin stood at 52.96% in 2022, then surged by 311 bps to 217.55% in 2023, then rose by 10 bps to 239.11% in 2024, then plunged by 33 bps to 159.76% in 2025, then slumped by 69 bps to 48.75% in 2026.
- Business Quant data shows DNUT's Gross Margin at 48.75% in Q1 2026, 159.76% in Q4 2025, and 74.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kroger | 36.79 Bn | 33.46 Bn | 8.12 Bn | 23.39% |
| 2 | Sprouts Farmers Market | 7.37 Bn | 7.15 Bn | 900.65 Mn | 38.72% |
| 3 | Albertsons Companies | 6.55 Bn | 6.35 Bn | 5.51 Bn | 27.22% |
| 4 | Weis Markets | 1.75 Bn | 1.54 Bn | 328.40 Mn | 25.75% |
| 5 | Ingles Markets | 1.23 Bn | 777.13 Mn | 332.44 Mn | 24.30% |
| 6 | Grocery Outlet Holding | 1.10 Bn | 1.03 Bn | 360.72 Mn | 30.24% |
| 7 | Dingdong (Cayman) | 762.33 Mn | 553.01 Mn | 1.46 Mn | 7.24% |
| 8 | Natural Grocers by Vitamin Cottage | 629.76 Mn | 612.29 Mn | 98.01 Mn | 29.28% |
| 9 | Krispy Kreme | 606.61 Mn | 584.47 Mn | 172.13 Mn | 52.00% |
| 10 | Village Super Market | 446.11 Mn | 317.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 52.00% |
| Mar 29, 2026 | 48.75% |
| Dec 28, 2025 | 159.76% |
| Sep 28, 2025 | 74.36% |
| Jun 29, 2025 | 96.79% |
| Mar 30, 2025 | 97.27% |
| Dec 29, 2024 | 239.11% |
| Sep 29, 2024 | 74.77% |
| Jun 30, 2024 | 51.57% |
| Mar 31, 2024 | 75.83% |
| Dec 31, 2023 | 217.55% |
| Oct 1, 2023 | 96.94% |
| Jul 2, 2023 | 72.83% |
| Apr 2, 2023 | 54.31% |
| Jan 1, 2023 | 97.88% |
| Oct 2, 2022 | 52.96% |
| Jul 3, 2022 | 97.01% |
| Apr 3, 2022 | 54.71% |
| Oct 3, 2021 | 96.48% |
| Jul 4, 2021 | 75.65% |