---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-26-000077"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:55:15.231147+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001866581-26-000077
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2026-05-06T23:59:59+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/1866581/000186658126000077/0001866581-26-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658126000077/bros-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-26-000077
- JSON: https://secwatch.observer/filing/0001866581-26-000077.json
- Plain text: https://secwatch.observer/filing/0001866581-26-000077.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658126000077/0001866581-26-000077-index.htm

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