BROS
Dutch Bros Inc.
NYSE · USConsumer CyclicalRestaurants
$66.24-3.10%
Price as of Jul 20, 2026
BROS financials
Dutch Bros Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $1.6B | $1.3B | $965.8M | $739.0M |
| Cost of revenue | $1.2B | $940.9M | $714.5M | $558.1M |
| Gross profit | $423.9M | $340.1M | $251.3M | $180.9M |
| Operating expenses | $262.8M | $234.0M | $205.1M | $183.5M |
| Operating income | $161.2M | $106.1M | $46.2M | -$2.6M |
| Net income | $79.8M | $35.3M | $1.7M | -$4.8M |
| EBITDA | $279.1M | $204.9M | $118.4M | $46.1M |
| Basic EPS | $0.64 | $0.31 | $0.03 | $-0.09 |
| Diluted EPS | $0.63 | $0.31 | $0.03 | $-0.09 |
| Balance sheet | ||||
| Cash & equivalents | $269.4M | $293.4M | $133.5M | $20.2M |
| Total assets | $3.0B | $2.5B | $1.8B | $1.2B |
| Total liabilities | $2.1B | $1.7B | $1.1B | $934.4M |
| Stockholders’ equity | $680.8M | $537.4M | $364.3M | $129.1M |
| Total debt | $1.1B | $942.9M | $676.6M | $625.4M |
| Net debt | $819.6M | $649.6M | $543.0M | $605.2M |
| Cash flow | ||||
| Operating cash flow | $295.5M | $246.4M | $139.9M | $59.9M |
| Capital expenditure | -$241.1M | -$221.7M | -$228.5M | -$187.9M |
| Free cash flow | $54.4M | $24.7M | -$88.5M | -$128.0M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | -$1.1M | $0.00 | -$3.9M |