---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-23-000032"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T05:28:45.046176+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros Q4 revenue $201.8M (+44%), net loss $(2.8)M; FY revenue $739M; 2023 guidance issued

## Summary
- Q4 2022 total revenues $201.8M (+44.1% YoY); net loss $(2.8)M vs $(8.2)M loss in Q4 2021.
- FY2022 total revenues $739.0M (+48.4% YoY); net loss $(19.3)M vs $(117.9)M loss in 2021.
- Opened 133 new systemwide shops in 2022; targets at least 150 new shops in 2023.
- 2023 guidance: revenue $950M-$1B, adjusted EBITDA ~$125M, same shop sales low single digits, no menu price increases.
- Christine Barone appointed President effective Feb 6, 2023.

## SEC filing metadata
- accession: 0001866581-23-000032
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658123000032/0001866581-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658123000032/bros-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-23-000032
- JSON: https://secwatch.observer/filing/0001866581-23-000032.json
- Plain text: https://secwatch.observer/filing/0001866581-23-000032.txt

## Key facts
- Earnings Releases
  Dutch Bros Inc. reported the fourth quarter and year ended December 31, 2022 results: revenue $739.0 million, net income $(19.3) million, EPS $(0.09). Guidance initiated.
  - Period: the fourth quarter and year ended December 31, 2022
  - Revenue: $739.0 million
  - Net income: $(19.3) million
  - EPS: $(0.09)
  - Guidance: initiated
  - Result: reported results
  source text: by reference. --- EX-99.1 (EX-99.1) --- Dutch Bros Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial Results Annual Revenues Increased Almost 50% Year-over-Year to $739.0 million Driven by 133 New Systemwide Shop Openings in 2022 Welcomes New President, Christine Barone Issues Additional Guidance for 2023 GRANTS PASS, Ore. - February 22, 2023 - Dutch Bros
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658123000032/0001866581-23-000032-index.htm

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