Dutch Bros Inc.(BROS)— Stock Profile, AI Score & Financials
Consumer Discretionary · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
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 32-signal composite quality model, placing it at rank #604 of 2,962 stocks — the top 25% of the AI-ranked universe. BROS scores in the top quartile across revenue growth (87.8), earnings quality (84.2). Areas of concern include institutional flow (17.3), 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.
AI Quality Score
63.6/100
AI Rank
#604
Revenue
$550.9M
Net Income
$37.4M
Free Cash Flow
$39.9M
Operating Margin
12.8%
BROS key financials by period
Dutch Bros Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating 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%
Institutions holding BROS
Institutional investors reporting a position in Dutch Bros Inc. on SEC Form 13F.
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.
