secwatch.observer — SEC 8-K summary
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Issuer:     Dutch Bros Inc. (BROS)
CIK:        0001866581
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001866581-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866581/000186658126000003/0001866581-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866581/000186658126000003/bros-20260212.htm
  HTML page:      https://secwatch.observer/filing/0001866581-26-000003

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