---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-25-000185"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:57:59.978119+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros Q2 revenue up 28% to $415.8M, raises full-year guidance

## Summary
- Total revenue $415.8M (+28% YoY); system same shop sales +6.1%, company-operated +7.8%.
- Net income $38.4M ($0.20 diluted EPS) vs $22.2M a year ago; adjusted EBITDA $89.0M (+36.6%).
- Adjusted diluted EPS $0.26 vs $0.19; company-operated transaction growth of 5.9% drove same-shop gains.
- Opened 31 new shops in Q2 (30 company-operated); full-year target of at least 160 openings unchanged.
- Raised 2025 guidance: revenue $1.59-$1.60B, same shop sales ~4.5%, adjusted EBITDA $285-$290M.

## SEC filing metadata
- accession: 0001866581-25-000185
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658125000185/0001866581-25-000185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658125000185/bros-20250806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-25-000185
- JSON: https://secwatch.observer/filing/0001866581-25-000185.json
- Plain text: https://secwatch.observer/filing/0001866581-25-000185.txt

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