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Dutch Bros BROS Company-operated shops — Total revenues

Other segment segments

Franchising and other
$40.82M+15.6%

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Other financials

Income statement

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Revenue$550.9M+32.5%
Gross profit$151.1M+25.8%
Operating income$70.4M+28.8%
Net income$37.4M+46.0%
EPS (diluted)$0.28+40.0%

Balance sheet

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Cash & equivalents$268.6M+5.6%
Total debt$1.2B+21.4%
Total equity$797.7M+25.4%
Total assets$3.4B+20.1%

Cash flow

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Operating cash flow$112.2M+24.8%
CapEx$72.3M+33.3%
Free cash flow$39.9M+11.9%

Valuation

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Market cap$9.01B+22.8%
Enterprise value$9.93B+23.2%
P/E97.5×-30.6×
P/S4.8×-0.3×

Profitability

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Gross margin25.1%-1.6pp
Operating margin9.6%+0.3pp
Net margin4.9%+1.0pp
FCF margin5%0.0pp

Returns & leverage

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Return on equity12.9%+2.9pp
Debt / equity1.5×0.0×
Current ratio1.4×-0.3×

Where this comes from

Reported directly by Dutch Bros in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Dutch Bros’s 10-Q, filed August 6, 2026.

Filed
Aug 5, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001866581-26-000133
(in thousands, except per share amounts; unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenues
Company-operated shops$510,031$380,500$939,088$706,921
Franchising and other40,82035,31376,17564,044
Total revenues550,851415,8131,015,263770,965
Costs and Expenses
Cost of sales399,795295,769756,731560,928
Selling, general and administrative80,65165,385153,827124,306
Total costs and expenses480,446361,154910,558685,234

Item 1. Financial Statements (Unaudited)

FAQ

What is Dutch Bros's company-operated shops — total revenues?
Dutch Bros (BROS) reported company-operated shops — total revenues of $510.03M in Q2 2026.
How has Dutch Bros's company-operated shops — total revenues changed year-over-year?
Dutch Bros's company-operated shops — total revenues increased by 34.0% year-over-year, from $380.5M to $510.03M.
What is the long-term trend for Dutch Bros's company-operated shops — total revenues?
Over 4 years (2021 to 2025), Dutch Bros's company-operated shops — total revenues has grown at a 39.0% compound annual growth rate (CAGR), from $403.75M to $1.51B.
What does company-operated shops — total revenues mean?
This metric represents the total gross sales generated by retail locations owned and managed directly by the company. It reflects the top-line performance of the core business model before accounting for any operating expenses or costs of goods sold.

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