Zacks Investment Research·11h ago
Can Dutch Bros' 74% Rewards Penetration Drive Faster Traffic Growth?BROS' 74% rewards penetration is boosting transactions, digital engagement and new-store growth as loyalty becomes a key traffic driver.
Dutch Bros Inc.(BROS)Earnings, Financials & Key Ratios
BROS•NYSE
$66.28
105.2× P/E·Price updated Jul 7, 2026
AboutDutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands. Dutch Bros Inc. was founded in 1992 and is headquartered in Grants Pass, Oregon.Show more
- Revenue$1.64B+27.9%
- EBITDA$276M+38.8%
- Net Income$80M+126.5%
- EPS (Diluted)0.63+103.2%
- Gross Margin25.88%-2.5%
- EBITDA Margin16.87%+8.5%
- Operating Margin9.84%+18.8%
- Net Margin4.87%+77.1%
- ROE9.61%+96.2%
BROS Price & Volume
Dutch Bros Inc. (BROS) stock price & volume — 10-year historical chart
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Aggressive Unit Expansion Drives Revenue Growth Momentum
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Expanding
Profitability:Moderate
Financial:Adequate
Cash Flow:Improving
Primary Risk:Regulatory wage cost pressure
Key Thesis Takeaways
- Dutch Bros continues to demonstrate robust top-line expansion with 30.8% revenue growth in 2026Q1, supported by an aggressive national shop-opening strategy.
- While the company has successfully transitioned to positive free cash flow of $27.7 million, investors should monitor the sustainability of unit-level economics as operating margins remain compressed at 7.4%.
- The heavy reliance on capital-intensive physical infrastructure, evidenced by $1.8 billion in net PPE, necessitates continued scrutiny of debt management and long-term profitability scaling.
Verdict Logic
while the company has achieved a positive free cash flow of $27.7 million, the high P/E ratio of 114.05 suggests that current valuation levels may already price in significant future growth expectations.
BROS Growth Metrics
Dutch Bros Inc. (BROS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years37.99%
3 Years30.39%
TTM28.39%
Profit CAGR
10 Years-
5 Years69.39%
3 Years-
TTM85.05%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM63.56%
Return on Capital
10 Years1.1%
5 Years-4.25%
3 Years5.11%
Last Year6.36%
BROS Recent Earnings
Dutch Bros Inc. (BROS) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.16+0.0%
$0.16
Rev
$464M+3.3%
$450M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.17+70.0%
$0.10
Rev
$444M+4.4%
$425M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.19+13.6%
$0.17
Rev
$424M+2.4%
$414M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.26+44.4%
$0.18
Rev
$416M+1.0%
$412M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.16vs $0.16+0.0% | $464Mvs $450M+3.3% |
| Q1 2026 | Feb 12, 2026 | $0.17vs $0.10+70.0% | $444Mvs $425M+4.4% |
| Q4 2025 | Nov 5, 2025 | $0.19vs $0.17+13.6% | $424Mvs $414M+2.4% |
| Q3 2025 | Aug 6, 2025 | $0.26vs $0.18+44.4% | $416Mvs $412M+1.0% |
Based on last 12 quarters of dataView full earnings history →
Latest BROS News
Recent stock market news and headlines for Dutch Bros Inc. (BROS)
Zacks Investment Research·12h ago
Is Dutch Bros (BROS) Outperforming Other Retail-Wholesale Stocks This Year?Here is how Dutch Bros (BROS) and Sprouts Farmers (SFM) have performed compared to their sector so far this year.
The Motley Fool·2 days ago
Dutch Bros Stock Just Hit a 52-Week High. 3 Reasons Why It's Still a Great Buy in July.Dutch Bros has posted steady growth despite a challenging macro environment. Its passionate shop operators reflect a culture built for success.
The Motley Fool·5 days ago
Better Buy in July: 1 Share of Starbucks or 1 Dutch Bros Share Plus 1 Chipotle Share?Starbucks is a gigantic coffee chain with a strong market position. Dutch Bros is a fast-growing coffee chain with a material runway for geographic expansion.
The Motley Fool·5 days ago
How Dutch Bros Stock Gained 23.8% Last MonthDutch Bros shares climbed from $56 to over $65 between June 10 and June 11, with trading volume hitting roughly 6 million shares per day. Short interest sat at approximately 44.5% of float heading into June, setting the stage for a classic short squeeze.
Peers Comparison
Key metrics vs top competitors for Dutch Bros Inc. (BROS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $66.28 | $8.41B | 105.21 | 27.88% | 4.87% | 9.61% | — | |
| $103.61 | $118.08B | 63.56 | 2.79% | 3.89% | — | — | |
| $73.94 | $25.62B | 31.46 | 12.23% | 9.96% | 18.45% | — | |
| $7.78 | $1.48B | 9.15 | -3.1% | 7.81% | 150.73% | — | |
| $15.68 | $299.07M | -3.72 | -6.75% | 2.82% | — | — | |
| $282.21 | $200.51B | 23.62 | 3.72% | 31.62% | — | — |
Compare BROS vs Peers
Dutch Bros Inc. (BROS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BROS SEC Filings & Documents
Dutch Bros Inc. (BROS) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Feb 12, 2026·SEC
Material company update
Nov 5, 2025·SEC
10-K Annual Reports
210-Q Quarterly Reports
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BROS Frequently Asked Questions
Dutch Bros Inc. (BROS) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Dutch Bros Inc.'s revenue?
Dutch Bros Inc. (BROS) reported $1.75B in revenue for fiscal year 2025. This represents a 633% increase from $238.4M in 2019.
How fast is Dutch Bros Inc. growing?
Dutch Bros Inc. (BROS) grew revenue by 27.9% over the past year. This is strong growth.
Is BROS profitable?
Yes, Dutch Bros Inc. (BROS) is profitable, generating $80.6M in net income for fiscal year 2025 (4.9% net margin).
Dividend & Returns
What is BROS's return on equity?
Dutch Bros Inc. (BROS) has a return on equity (ROE) of 9.6%. This is below average, suggesting room for improvement.
What is Dutch Bros Inc.'s free cash flow?
Dutch Bros Inc. (BROS) generated $90.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.