Business
Dutch Bros is a drive-thru beverage-shop operator and franchisor with 1,136 shops across 25 states at December 31, 2025.
Dutch Bros delivered strong FY2025 growth with revenue up 27.9% and FCF up 120.3%, but insider sales and an Altman distress screen add caution.
The read at a glance✓ Audited against SEC data
- Business mix — Drive-thru beverage shopsNote
- Shops — 1,136 total shopsOK
- Revenue — $1.64B, +27.9%OK
- Net income — $79.8M, +126.5%OK
- FCF — $54.4M, +120.3%OK
- Insiders — 0 purchases / 15 salesWatch
- Accounting — Altman distress; Beneish clean; EQ safeWatch
Where the revenue comes from
Fiscal 2025, as Dutch Bros Inc. reports it. History and quarterly detail are in the app.
- Company-operated shops$1.5B
- Franchising and other$128.8M
Leadership changes
From Dutch Bros Inc.'s own filings, the day they're filed.
- Sumitro Ghosh · President · departureeff. 2025-06-02
- Kory Marchisotto · Director · appointmenteff. 2025-02-18
- Todd Penegor · Directors · departureeff. 2024-06-24
Latest filings
- 10-Q · Quarterly report2026-08-06
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-05-15
- 8-K · Company announcement2026-05-06
- 10-Q · Quarterly report2026-05-06
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Dutch Bros Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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