---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-26-000003"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:06:42.685884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros Q4 revenue $443.6M (+29% YoY), net income $29.2M; FY adj. EBITDA $302.6M; guides FY26 rev ~$2B

## Summary
- Q4 total revenues $443.6M (+29.4% YoY); net income $29.2M vs $6.4M prior year.
- System same shop sales +7.7% (company-operated +9.7%); transaction growth 5.4% systemwide.
- FY 2025 total revenues $1.64B (+27.9% YoY); adjusted EBITDA $302.6M (+31.4%).
- FY 2026 guidance: rev $2.0-2.03B, adj. EBITDA $355-365M, at least 181 new shop openings.
- 19th consecutive year of positive same shop sales; record AUV of $2.1M.

## SEC filing metadata
- accession: 0001866581-26-000003
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658126000003/0001866581-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658126000003/bros-20260212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-26-000003
- JSON: https://secwatch.observer/filing/0001866581-26-000003.json
- Plain text: https://secwatch.observer/filing/0001866581-26-000003.txt

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