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Dutch Bros BROS Operating Income

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Other financials

Income statement

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Revenue$550.9M+32.5%
Gross profit$151.1M+25.8%
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:OperatingIncomeLoss.

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
Cost of sales399,795295,769756,731560,928
Selling, general and administrative80,65165,385153,827124,306
Total costs and expenses480,446361,154910,558685,234
Income from operations70,40554,659104,70585,731
Other expense
Interest expense, net(7,038)(7,076)(14,258)(14,191)
Other income (expense), net861(1,983)786(2,001)
Total other expense(6,177)(9,059)(13,472)(16,192)

Item 1. Financial Statements (Unaudited)

FAQ

What is Dutch Bros's operating income?
Dutch Bros (BROS) reported operating income of $70.41M in Q2 2026.
How has Dutch Bros's operating income changed year-over-year?
Dutch Bros's operating income increased by 28.8% year-over-year, from $54.66M to $70.41M.
What is the long-term trend for Dutch Bros's operating income?
Over 3 years (2021 to 2025), Dutch Bros's operating income has grown at a 13.2% compound annual growth rate (CAGR), from -$111.23M to $161.18M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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