What is the 13F Pro Quality Score for BROS?

13F Pro ranks Dutch Bros Inc. (BROS) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View BROS's current score at https://13fpro.ai/company/BROS (free sign-up required for the full ranking).

Which hedge funds own the most BROS stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of BROS include FMR, BlackRock,, PRICE T ROWE ASSOCIATES /MD/. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/BROS as soon as new 13F filings post.

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.

What sector is BROS in?

Dutch Bros Inc. (BROS) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives BROS's revenue?

Per Dutch Bros Inc.'s latest 10-Q filed with the SEC on 2026-08-06, the biggest revenue drivers are: Company-operated shops ($510.0M, +34.0% YoY); Franchising and other ($40.8M, +15.6% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/BROS.

What are BROS's largest expenses?

Dutch Bros Inc.'s latest 10-Q reports these as the largest expense items: Cost of sales ($399.8M, +35.0% YoY); Selling, general and administrative ($80.7M, +23.3% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is BROS research updated on 13F Pro?

BROS's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Dutch Bros Inc.(BROS)Stock Analysis

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Consumer Discretionary →NYSEmid

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SEC EDGAR: CIK 1866581 BROS stock profile & AI dashboard →

13F Pro Quality Score

63.6/100

Rank #604 of 2,962 stocksTOP 25%

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

87.8/100

Profitability

52.0/100

Balance Sheet

59.4/100

Earnings Quality

84.2/100

Free Cash Flow

42.6/100

Institutional Flow

17.3/100

Revenue Scale

61.9/100

Dilution Risk

54.5/100

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Why BROS Scores 64/100

exact factor attribution · 2026-09-11

BROS's composite is driven by revenue growth and earnings quality, held back by institutional flow and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+7.6 pts

88th pct

Earnings quality

+3.4 pts

84th pct

Earnings growth

+2.1 pts

93th pct

Scale

+1.8 pts

62th pct

Capital efficiency

+0.9 pts

59th pct

Profitability

+0.3 pts

52th pct

Shareholder dilution

+0.2 pts

55th pct

Free cash flow

-1.1 pts

43th pct

Institutional flow

-1.6 pts

17th pct

Latest change (2026-08-06): 66 → 64 · ↓ Revenue growth 87→75; ↓ Earnings growth 96→85

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

BROS Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Dutch Bros Inc. (BROS), 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. Dutch Bros Inc.'s 13F Pro composite quality score has ranged between 37 and 68 since 2022, currently 63.6 — an improving long-term trajectory across 64 quarterly and live scoring snapshots.

✦

Fun facts about Dutch Bros Inc.

Quirks, history, and lore behind BROS — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. consumer discretionary company · small-cap · listed on the NYSE · headquartered in Oregon.
2
The Numbers
Operates hundreds of drive-thru locations across roughly a dozen U.S. states, with annual revenue in the low hundreds of millions and growing fast.
3
The History
Founded in 1992 by two brothers with a single pushcart, it spent decades as a Pacific Northwest cult favorite before expanding aggressively beyond the region.
4
The Secret
Almost every location is drive-thru only — no seating, no lobby — and staff are famous for memorizing regulars' orders and names.
5
The Lore
The company has a passionate employee ownership culture and calls its workers "broistas" — its fanbase is so loyal it borders on a lifestyle identity.
6
The Giveaway
This coffee chain out of the Pacific Northwest built an empire on hand-crafted espresso drinks served from small drive-thru kiosks — its ticker is literally a fraternal nickname.

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

✓ 31/31 datapoints verified

AI-extracted from Dutch Bros Inc.'s 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 →Share on X

Revenue

Q2 2026

$550.9M

Net Income

Q2 2026

$37.4M

Free Cash Flow

Q2 2026

$39.9M

Operating Margin

Q2 2026

12.8%

ROIC

Q2 2026

28.1%

D/E Ratio

Q2 2026

0.26

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+27.9% YoY

$1.64BFY 2025

FY22 $739.0MFY23 $965.8MFY24 $1.28BFY25 $1.64B

Net Income

+126.5% YoY

$79.8MFY 2025

FY22 $-4.8MFY23 $1.7MFY24 $35.3MFY25 $79.8M

Operating Income

+51.9% YoY

$161.2MFY 2025

FY22 $-2.6MFY23 $46.2MFY24 $106.1MFY25 $161.2M

EPS (Diluted)

+88.2% YoY

$0.64FY 2025

FY22 $-0.09FY23 $0.03FY24 $0.34FY25 $0.64

Total Assets

+20.3% YoY

$3.01BFY 2025

FY22 $1.19BFY23 $1.76BFY24 $2.50BFY25 $3.01B

Total Debt

-19.2% YoY

$206.3MFY 2025

FY22 $102.6MFY23 $103.6MFY24 $255.3MFY25 $206.3M

Op. Cash Flow

+19.9% YoY

$295.5MFY 2025

FY22 $59.9MFY23 $139.9MFY24 $246.4MFY25 $295.5M

Free Cash Flow

+120.3% YoY

$54.4MFY 2025

FY22 $-128.0MFY23 $-88.5MFY24 $24.7MFY25 $54.4M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.64B +27.9%	$1.28B +32.6%	$965.8M +30.7%	$739.0M +48.4%	$497.9M +52.1%	$327.4M
Net Income	$79.8M +126.5%	$35.3M +1952.3%	$1.7M +136.1%	$-4.8M +62.5%	$-12.7M	$0.00
Operating Income	$161.2M +51.9%	$106.1M +129.5%	$46.2M +1869.6%	$-2.6M +97.7%	$-111.2M -1111.1%	$11.0M
EPS (Diluted)	$0.64 +88.2%	$0.34 +1033.3%	$0.03 +133.3%	$-0.09 +67.9%	$-0.28	—
Total Assets	$3.01B +20.3%	$2.50B +41.8%	$1.76B +48.7%	$1.19B +114.3%	$553.7M +113.2%	$259.7M
Total Debt	$206.3M -19.2%	$255.3M +146.6%	$103.6M +0.9%	$102.6M +2667.2%	$3.7M -88.4%	$32.0M
Operating Cash Flow	$295.5M +19.9%	$246.4M +76.1%	$139.9M +133.6%	$59.9M -25.5%	$80.4M +50.1%	$53.5M
Free Cash Flow	$54.4M +120.3%	$24.7M +127.9%	$-88.5M +30.8%	$-128.0M -236.2%	$-38.1M -393.4%	$13.0M

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Available Research

13F Pro tracks comprehensive data for Dutch Bros Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of BROS

FMR LLC
$1.2B16,724,132 sh
BlackRock, Inc.
$1.1B14,662,985 sh
PRICE T ROWE ASSOCIATES INC /MD/
$688.9M9,593,935 sh
VANGUARD CAPITAL MANAGEMENT LLC
$435.6M6,066,585 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$426.4M5,938,536 sh
T. Rowe Price Investment Management, Inc.
$306.3M4,265,542 sh
STATE STREET CORP
$276.6M3,851,321 sh
WELLINGTON MANAGEMENT GROUP LLP
$222.0M3,090,882 sh
BAILLIE GIFFORD & CO
$196.7M2,738,885 sh
GEODE CAPITAL MANAGEMENT, LLC
$178.4M2,483,555 sh

Fund	Value	Shares
FMR LLC	$1.2B	16,724,132
BlackRock, Inc.	$1.1B	14,662,985
PRICE T ROWE ASSOCIATES INC /MD/	$688.9M	9,593,935
VANGUARD CAPITAL MANAGEMENT LLC	$435.6M	6,066,585
VANGUARD PORTFOLIO MANAGEMENT LLC	$426.4M	5,938,536
T. Rowe Price Investment Management, Inc.	$306.3M	4,265,542
STATE STREET CORP	$276.6M	3,851,321
WELLINGTON MANAGEMENT GROUP LLP	$222.0M	3,090,882
BAILLIE GIFFORD & CO	$196.7M	2,738,885
GEODE CAPITAL MANAGEMENT, LLC	$178.4M	2,483,555

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Is BROS a good stock to buy?

13F Pro's AI-powered analysis of Dutch Bros Inc. (BROS) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BROS are available on the BROS stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. BROS is classified as a mid company.

Which hedge funds own BROS?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BROS. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Dutch Bros Inc.'s investment landscape.