Touchstone
Last syncNov 1, 2026, 6:55 PM ET

BROS

Dutch Bros Inc. Consumer Discretionary Retail-Eating & Drinking Places Russell 3000
$42.87Close $37.28 – $73.3152-week range Nov 4, 2026Next report · after the close

Highlights

Strengths

  • Earnings growing EPS +37% year on year, faster than the quarter before (+37 pts)

Cautions

  • Not in an uptrend 1 of 8 trend conditions
  • Lagging the market RS 10 · weaker than 90% of stocks over 12 months
  • Far from its high 42% below its 52-week high
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 42%
1wk up 3.3% price change
1mo up 11.2% price change
12-month return down 23% market up 11% · its own down 37%
F-score — — Not assessed
Altman Z″ 1.06 Moderate riskadjusted
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 28% year on year
EPS growth up 37% latest quarter · +37 pts
Sales growth up 32% latest quarter · +2 pts
ROE up 13% return on equity
Free cash margin up 3% $54.4M FCF
D/E 0.29 long-term debt / equity
Net debt / EBITDA -0.3× net cash
Interest cover —EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 11% ($0.2B → $0.2B)

Trade setup

ATR% 3.9% $1.69 a day · 2×ATR $39.49
RS 10 / 99 vs the universe
Trend 1 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.76 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 1 of 8
  • Price above the 50-day average: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 5, 2026
Last shock Aug 6, 2026-19% in one session4.6× volumeon results-20% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.6B +28% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $327.4M FY2021 · $497.9M FY2022 · $739.0M FY2023 · $965.8M FY2024 · $1.3B FY2025 · $1.6B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $79.8M +126% on FY2024
-$20M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $0 FY2021 · -$12.7M FY2022 · -$4.8M FY2023 · $1.7M FY2024 · $35.3M FY2025 · $79.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $54.4M +120% on FY2024
-$200M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $13.0M FY2021 · -$38.1M FY2022 · -$128.0M FY2023 · -$88.5M FY2024 · $24.7M FY2025 · $54.4M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 26%
  • Net 5%
  • Free cash 3%
-20% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 35% · Net 0% · Free cash 4% FY2021 · Gross 31% · Net -3% · Free cash -8% FY2022 · Gross 24% · Net -1% · Free cash -17% FY2023 · Gross 26% · Net 0% · Free cash -9% FY2024 · Gross 27% · Net 3% · Free cash 2% FY2025 · Gross 26% · Net 5% · Free cash 3%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $73.1M net cash
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $31.6M · Long-term debt $24.4M FY2021 · Cash $18.5M · Long-term debt $3.5M FY2022 · Cash $20.2M · Long-term debt $96.3M FY2023 · Cash $133.5M · Long-term debt $93.2M FY2024 · Cash $293.4M · Long-term debt $219.8M FY2025 · Cash $269.4M · Long-term debt $196.3M
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $327.4M $497.9M $739.0M $965.8M $1.3B $1.6B
Gross margin 35% 31% 24% 26% 27% 26%
Operating income $11.0M -$111.2M -$2.6M $46.2M $106.1M $161.2M
Net income $0 -$12.7M -$4.8M $1.7M $35.3M $79.8M
Net margin 0% -3% -1% 0% 3% 5%
Earnings per share — -$0.28 -$0.09 $0.03 $0.34 $0.63
Free cash flow $13.0M -$38.1M -$128.0M -$88.5M $24.7M $54.4M
Free cash margin 4% -8% -17% -9% 2% 3%
Cash $31.6M $18.5M $20.2M $133.5M $293.4M $269.4M
Long-term debt $24.4M $3.5M $96.3M $93.2M $219.8M $196.3M
Shareholders' equity $76.0M $94.5M $129.1M $364.3M $537.4M $680.8M
Shares outstanding — — — — 154.20m —

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 13, 2026 Annual ↗ Dec 31, 2025 44d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 13, 2025 Annual ↗ Dec 31, 2024 44d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports

FiledDisclosed
Aug 5, 2026 Results · Regulation FD · Other events ↗
May 15, 2026 Shareholder vote ↗
May 6, 2026 Results · Regulation FD ↗
Feb 12, 2026 Results · Regulation FD ↗
Nov 5, 2025 Results · Regulation FD ↗
Aug 6, 2025 Results · Regulation FD ↗
May 30, 2025 Material agreement ↗
May 22, 2025 Director or officer change ↗
May 16, 2025 Director or officer change · Shareholder vote ↗
May 7, 2025 Results · Regulation FD ↗
Feb 18, 2025 Director or officer change · Regulation FD ↗
Feb 12, 2025 Results · Regulation FD ↗