Krispy Kreme reported Q4 FY2025 net revenue of USD 392.4 million (-2.9%), with a GAAP net loss of USD 29.1 million and adjusted EBITDA of USD 55.6 million (+21.0%), representing a 14.2% adjusted EBITDA margin (up 280 basis points). Q4 cash provided by operating activities was USD 45.0 million and free cash flow was USD 27.9 million. For FY2025, Krispy Kreme reported net revenue of USD 1.5 billion (-8.6%), Systemwide Sales of USD 1.96 billion, a GAAP net loss of USD 523.8 million, and adjusted EBITDA of USD 140.3 million (-27.5%). FY2025 cash provided by operating activities was USD 33.9 million and free cash flow was USD -64.0 million. Global Points of Access decreased by 2,363 (-13.5%) to 15,194, reflecting strategic closures of underperforming doors. Management highlighted progress on its turnaround plan focused on refranchising, improving return on invested capital, expanding margins, and driving sustainable, profitable growth. In December 2025, Krispy Kreme announced an agreement for Unison Capital to purchase its Japan operations, with expected cash proceeds of approximately USD 65 million and a projected close in Q1 FY2026. The company also said it plans to restructure its Western U.S. joint venture with WKS Restaurant Group and reiterated FY2026 guidance including Systemwide Sales growth of 2% to 4%, capital expenditures of USD 50 million to USD 60 million, positive free cash flow, and a net leverage ratio at or below 5.5x.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Krispy Kreme Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602260645BIZWIRE_USPR_____20260225_BW438995) on February 26, 2026, and is solely responsible for the information contained therein.