---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-22-000010"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T03:14:05.476981+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros Q4 revenue rises 55.8% to $140.1M; guides to 125+ shop openings in 2022

## Summary
- Q4 2021 revenue $140.1M (+55.8% YoY); net loss $(9.8)M vs $(6.2)M loss a year ago.
- Full year 2021 revenue $497.9M (+52.1%); net loss $(121.1)M driven by $157.7M non-cash equity-based compensation.
- System same shop sales grew 10.1% in Q4 and 8.4% in full year 2021.
- Opened 98 new shops in 2021; expects at least 125 openings in 2022 including entry into Nashville.
- Entered into $500M credit facility, replacing $350M prior facility; drew $100M term loan and $30M revolver.

## SEC filing metadata
- accession: 0001866581-22-000010
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658122000010/0001866581-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658122000010/bros-20220301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-22-000010
- JSON: https://secwatch.observer/filing/0001866581-22-000010.json
- Plain text: https://secwatch.observer/filing/0001866581-22-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.