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Dutch Bros Inc. revenue

Dutch Bros Inc.'s revenue was $1.64bn in fiscal 2025, up 27.9% on the year before. Since fiscal 2019 ($238m) it has grown at a compound 37.9% a year. Over the last twelve months it was $1.88bn.

Revenue history

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
Growth on the year before—+37.4%+52.1%+48.4%+30.7%+32.6%+27.9%—
Gross profit96116153181251340424472
Gross margin40.3%35.4%30.8%24.5%26.0%26.6%25.9%25.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Company Operated Shops $1.5B 92.1% ▲ 29.5%
Franchising and Other $129M 7.9% ▲ 11.8%
Products and services
Line of business Revenue Share YoY
Company Operated Shops $1.5B 92.1% ▲ 29.5%
Franchise Fees $122M 7.5% ▲ 11.3%
Other $6.8M 0.4% ▲ 21.7%

From Dutch Bros Inc.'s 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Restaurants: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Dutch Bros Inc. $1.88bn 29.6% 30.5%
Papa Johns International Inc $1.97bn -5.6% -1.8%
Chagee Holdings Ltd. $1.80bn 4.2% —
Dave & Buster's Entertainment, Inc. $2.08bn -1.5% -1.6%
Wendy's Co $2.20bn -1.0% 0.7%
Shake Shack Inc. $1.55bn 17.3% 16.1%

Compare with peers

Head to head: BROS vs PZZABROS vs CHABROS vs PLAYBROS vs WEN

More: Restaurants stocks compared, Consumer Discretionary sector, rankings of US companies

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.