In Q4 2025, Krispy Kreme generated $392367000 in revenue, down 2.9% year-over-year, with organic revenue declining 3.9% due to strategic door closures. The company reported a GAAP net loss of $29125000, while Adjusted EBITDA rose 21.0% to $55565000, expanding margin to 14.2%. Free cash flow was positive at $27934000, reflecting improved operating performance despite lower sales.
Krispy Kreme's first quarter of fiscal year 2025 saw a significant decrease in net revenue and a net loss, largely influenced by the divestiture of Insomnia Cookies. Despite this, the company continued to expand its global points of access and focused on strategic initiatives for profitable growth.
Krispy Kreme's fourth quarter net revenue was $404.0 million, a decline of 10.4% compared to the same quarter last year. Organic revenue grew 1.8%. GAAP net loss was $22.2 million, compared to income in the prior year of $1.9 million. Adjusted EBITDA in the quarter declined 28.4% to $45.9 million.
Krispy Kreme reported a net revenue of $379.9 million for Q3 2024. Organic revenue increased by 3.5%. GAAP net income was $37.6 million, which included a gain from the divestiture of a controlling interest in Insomnia Cookies. The company is focusing on its core strategy and U.S. expansion, while streamlining international efforts.
Krispy Kreme reported a 7.3% increase in net revenue, reaching $438.8 million, and a 7.8% increase in organic revenue for the second quarter of 2024. The company's global points of access increased by 23.2%. While GAAP net loss was $4.9 million, adjusted EBITDA grew by 12.1% to $54.7 million.
Krispy Kreme's first-quarter results exceeded expectations, with net revenue growing by 5.7% to $442.7 million and organic revenue increasing by 6.7% to $440.9 million. The company's Delivered Fresh Daily expansion is accelerating, including a nationwide rollout with McDonald's expected to add over 12,000 new points of access by the end of 2026.
Krispy Kreme reported an 11.4% increase in net revenue, reaching $450.9 million, and a 13.2% increase in organic revenue. GAAP net income was $1.9 million. Adjusted EBITDA increased by 14.7% to $64.1 million, with margins improving by 40 basis points to 14.2%. The company's global points of access increased by 19.5% to 14,147.
Krispy Kreme's third quarter results showed a net revenue growth of 7.9% to $407.4 million and organic revenue growth of 9.6% to $400.3 million. Adjusted EBITDA grew 13.5% to $43.7 million with margins improving 50 basis points to 10.7%. The company reaffirms mid-to-high end of Revenue and Adjusted EBITDA guidance.
Krispy Kreme's second quarter 2023 results showed a net revenue increase of 9.0% year-over-year to $408.9 million, with organic revenue growing by 11.4%. GAAP net income was $0.1 million, and Adjusted EBITDA reached $48.8 million.
Krispy Kreme reported strong Q3 2021 results, with net revenue growing 18% year-over-year. Organic growth, excluding the legacy wholesale business, was 14% year-over-year. Adjusted diluted EPS was $0.06, and adjusted EBITDA grew 10%. The company reaffirmed its full year 2021 guidance and long-term outlook, expecting 2022 to exceed the long-term outlook.
Krispy Kreme reported a strong second quarter with a 43% increase in net revenue and 23% organic growth. Adjusted EBITDA grew by 78%. The company provided full-year and long-term guidance, expressing confidence in their short and long-term growth targets.