Dutch Bros Q1 revenue up 31% to $464M; raises full-year guidance across all metrics

Dutch Bros Inc.

2026-Q1 EPS reported $0.13 revenue$464,412,000

Net income $23.7M vs $22.5M YoY; Adjusted EBITDA $79.4M, +26.2%.
System same shop sales +8.3%, transactions +5.1%; company-operated same shop sales +10.6%.
Opened 41 new shops (33 company-operated) in Q1.
FY 2026 guidance raised: revenue $2.05-2.08B, same shop sales +4-6%, Adj. EBITDA $370-380M, at least 185 openings.
Seventh consecutive quarter of transaction growth; strength across dayparts and markets.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dutch Bros Inc. reported the first quarter ended March 31, 2026 results: revenue $464.4 million, net income $23.7 million. Guidance raised.

Period: the first quarter ended March 31, 2026
Revenue: $464.4 million
Net income: $23.7 million
Guidance: raised
Result: reported results

Exact text from the filing

results for the first quarter ended March 31, 2026. First Quarter 2026 Highlights • Opened 41 new shops, 33 of which were company-operated. • Total revenues grew 30.8% to $464.4 million as compared to $355.2 million in the same period of 2025. • Systemwide same shop sales 1 increased 8.3% and systemwide same shop transactions increased 5.1% relative to the same

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Source: SEC EDGAR

accession 0001866581-26-000077

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