BROS is the ticker symbol for Dutch Bros Inc., a publicly traded Consumer Discretionary sector company listed on NYSE. 13F Pro tracks BROS with AI-powered analysis, an AI quality score, SEC EDGAR financials, insider transactions, and institutional 13F holdings — all sourced directly from public SEC filings.

Is BROS a good stock to buy?

13F Pro's AI ranking engine scores BROS at 63.6/100, ranked #604 of 2,925 stocks on a composite quality score built from its SEC filings, covering profitability, growth, balance sheet strength, and free cash flow. The full AI verdict and bull/bear case for BROS is available at https://13fpro.ai/company/BROS. Not investment advice — review the underlying SEC filings before making any trade.

Where does 13F Pro source BROS data?

All Dutch Bros Inc. fundamentals and ownership data come directly from SEC EDGAR. Dutch Bros Inc. files with the SEC under CIK 1866581. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

Dutch Bros Inc. BROS

NYSEMid CapConsumer Discretionary

13F Pro quality score

Rank #604 of 2,925TOP 25%

Why it scores 64 Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed. Next update: ~Nov 14, 2026.

Revenue

$550.85M

Quarter to Jun 30

Net income

$37.41M

Quarter to Jun 30

Free cash flow

$39.92M

Quarter to Jun 30

Operating margin

12.8%

Quarter to Jun 30

Top Institutional Holders

as of Q2 2026

$9.35B total

FMR LLC

$1.20B+74.8%

BlackRock, Inc.

$1.05B+5.7%

PRICE T ROWE ASSOCIATES INC /MD/

$688.94M+25.7%

VANGUARD CAPITAL MANAGEMENT LLC

$435.64M+6.6%

VANGUARD PORTFOLIO MANAGEMENT LLC

$426.45M+8.5%

T. Rowe Price Investment Management, Inc.

$306.31M-7.9%

STATE STREET CORP

$276.56M+1.9%

WELLINGTON MANAGEMENT GROUP LLP

$221.96M+38.0%

BAILLIE GIFFORD & CO

$196.68M-8.5%

GEODE CAPITAL MANAGEMENT, LLC

$178.39M-1.8%

CITADEL ADVISORS LLC

$158.77M+10.2%

WESTFIELD CAPITAL MANAGEMENT CO LP

$156.83M-5.6%

1832 Asset Management L.P.

$144.47M+95.3%

GOLDMAN SACHS GROUP INC

$142.91M+17.7%

MORGAN STANLEY

$135.51M-23.4%

AMERICAN CENTURY COMPANIES INC

$123.23M+29.3%

BANK OF AMERICA CORP /DE/

$115.11M-11.7%

TSG Consumer Partners LP

$113.98M-30.4%

MARSHALL WACE, LLP

$104.81M-43.7%

JOHO CAPITAL LLC

$101.85M0.0%

DIMENSIONAL FUND ADVISORS LP

$90.47M+4.6%

CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$86.63M-0.5%

JANE STREET GROUP, LLC

$85.20M+391.1%

UBS Group AG

$81.51M-71.8%

DRIEHAUS CAPITAL MANAGEMENT LLC

$79.71MNew

See all 561 institutional holders →

What's Driving BROS's Business? Latest 10-Q Breakdown

31/31 datapoints verified

AI-extracted from the 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Dutch Bros Q2 revenue reached $550.9M (+33% YoY) driven by 34% growth in company-operated shop sales and 8.3% same-shop sales growth.

Biggest Revenue Drivers

Company-operated shops$510.0M+34.0% YoY

Increased from new shop openings (44 new openings in Q2) and 8.3% same-shop sales growth driven by 4.9% ticket increase and 3.4% transaction growth.

Franchising and other$40.8M+15.6% YoY

Increased from product sales to franchisees, royalties and marketing fees on higher franchise partner sales.

Biggest Revenue Drivers

Total revenue: $550.9M+33.0% YoY

Company-operated shops$510.0M+34.0% YoY

Increased from new shop openings (44 new openings in Q2) and 8.3% same-shop sales growth driven by 4.9% ticket increase and 3.4% transaction growth.

Franchising and other$40.8M+15.6% YoY

Increased from product sales to franchisees, royalties and marketing fees on higher franchise partner sales.

Largest Expense Items

Cost of sales$399.8M+35.0% YoY

Increased due to higher sales volume; beverage/food/packaging costs rose 80 bps as percentage of revenue due to coffee cost increases and new food program margins.

Selling, general and administrative$80.7M+23.3% YoY

Increased by $9.7M for investments in human capital and performance-based compensation, and $1.9M higher equity-based compensation, partially offset by $1.5M lower realignment charges.

Margins: Company-operated gross margin declined 10 basis points YoY to 24.2% due to higher COGS from coffee inflation and new food offerings (80 bps impact), partially offset by 120 bps labor leverage from pricing and sales growth. Contribution margin decreased 50 bps to 30.6%.

Watch Items from the Filing

TRA liabilities increased $166.3M in Q2 to $973.0M total due to 10.6 million OpCo unit exchanges; Dutch Bros obligated to pay 85% of realized tax benefits to non-controlling members.
Beverage and food packaging costs increased 80–90 bps as percentage of revenue YoY; coffee inflation and new food program margin pressures may persist.
Subsequent to quarter-end: acquired 31 Arizona franchise locations for ~$63.5M (July 27) and signed agreement to acquire ~65 Salad and Go real estate assets across Southwest for Q3 2026 close.
Dutch Rewards loyalty adoption increased to 74% of transactions (vs. 72% prior year); strong customer engagement supporting pricing power.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →

Key Metrics

Revenue

Q2 2026

EDGAR

Net Income

Q2 2026

EDGAR

EPS (Diluted)

Q2 2026

EDGAR

Operating Margin

Q2 2026

EDGAR

ROIC

Q2 2026

EDGAR

Free Cash Flow

Q2 2026

EDGAR

Debt/Equity

Q2 2026

EDGAR

Financial Trends

Revenue & Net Income

13fpro.ai/company/BROS

Earnings Per Share

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Dutch Bros Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period	Form	Revenue	Net income	Op. marginOperating margin
FY 2025	10-K	$1.6B	$79.8M	9.8%
FY 2024	10-K	$1.3B	$35.3M	8.3%
FY 2023	10-K	$965.8M	$1.7M	4.8%
FY 2022	10-K	$739.0M	$-4.8M	-0.4%
FY 2021	10-K	$497.9M	$-12.7M	-22.3%
FY 2020	10-K	$327.4M	$0.00	3.4%

About Dutch Bros Inc. (BROS): stock profile, AI score and financials

Dutch Bros Inc. (BROS) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores BROS at 63.6/100 on a composite quality score built from its SEC filings, placing it at rank #604 of 2,925 stocks — the top 25% of the AI-ranked universe. BROS scores in the top quartile across revenue growth (88.0), earnings quality (83.4). Areas of concern include institutional flow (15.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Dutch Bros Inc. reports quarterly revenue of $550.9M, net income of $37.4M, an operating margin of 12.8%. Top institutional holders of BROS by reported 13-F value include FMR, BlackRock, PRICE T ROWE ASSOCIATES, based on the most recent SEC filings. BROS trades on the NYSE exchange and files with the SEC under CIK 1866581. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BROS daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Dutch Bros Inc. directly from SEC EDGAR.

Financials through the period ended Jun 30, 2026SEC EDGAR: CIK 1866581 →

Dutch Bros Inc. BROS

Top Institutional Holders

What's Driving BROS's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Biggest Revenue Drivers

Largest Expense Items

Watch Items from the Filing

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

BROS key financials by period

BROS insiders

Congress trading in BROS

About Dutch Bros Inc. (BROS): stock profile, AI score and financials

Dutch Bros Inc. BROS

Top Institutional Holders

What's Driving BROS's Business? Latest 10-Q Breakdown

Biggest Revenue Drivers

Key Metrics

Financial Trends

Revenue & Net Income

Earnings Per Share

BROS key financials by period

Companies similar to BROS

BROS insiders

Congress trading in BROS

About Dutch Bros Inc. (BROS): stock profile, AI score and financials