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Dutch Bros Inc. income statement

In fiscal 2025, Dutch Bros Inc. reported revenue of $1.64bn, up 27.9% on the year before, operating income of $161m (a 9.8% margin) and net income of $79.8m, or $0.64 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2383274987399661,2811,6381,882
Cost of revenue1422113455587149411,2141,410
Gross profit96116153181251340424472
Selling, general and administrative66105265184205234263292
Operating income3011−111−346106161180
Income before tax————1785136—
Income tax01−237181826
Net income00−13−52358092
Diluted EPS——−$0.28−$0.09$0.03$0.34$0.64$0.71
Diluted shares (average)——46m52m62m104m126m129m
EBITDA4027−8642115199276300

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Dutch Bros Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Dutch Bros Inc.