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Dutch Bros BROS Franchising and other — Total revenues

Other segment segments

Company-operated shops
$510.03M+34.0%

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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 franchising and other — total revenues?
Dutch Bros (BROS) reported franchising and other — total revenues of $40.82M in Q2 2026.
How has Dutch Bros's franchising and other — total revenues changed year-over-year?
Dutch Bros's franchising and other — total revenues increased by 15.6% year-over-year, from $35.31M to $40.82M.
What is the long-term trend for Dutch Bros's franchising and other — total revenues?
Over 4 years (2021 to 2025), Dutch Bros's franchising and other — total revenues has grown at a 8.2% compound annual growth rate (CAGR), from $94.13M to $128.83M.
What does franchising and other — total revenues mean?
This metric represents the total gross revenue generated by the franchising and ancillary business segment. It includes royalties, initial franchise fees, and other service-related income derived from the brand's licensed shop network. This revenue stream is critical for assessing the scalability and recurring income potential of the company's asset-light business model.

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