Price
Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.
Smart Score
Below averageDutch Bros is a high growth operator and franchisor of drive-thru shops that focus on serving high- QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE. Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. Today, we believe that Dutch Bros is one of the fastest-growing brands in the quick service beverage industry in the United States.
In the company’s own words · 10-K filed Feb 13, 2026 · SEC EDGAR
Business segments
Q1 2026 · $464.4MThe company’s own SEC segment disclosure.
- Company Operated Shops$429.1M92%
- Franchise Fees$34.0M7%
- Product And Service Other$1.4M0%
Dutch Bros Inc. (BROS) reported revenue of $464M in Q1 2026 (quarter ended Mar 31, 2026), up 31% from the same quarter a year earlier. That came with a gross margin of 23% and net income of $16M (3.5% of revenue). For the full year FY2025, revenue was $1.64B (+28% year on year) and net income $80M. Its largest product in Q1 2026 was Company Operated Shops at $429M, 92% of the disclosed total, well ahead of Franchise Fees at 7.3%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.