Dutch Bros Inc

Latest Results (18.11.2025):

Dutch Bros Inc reported robust financial results for the first quarter of 2025, demonstrating significant year-over-year growth. In this period, the company achieved a 29% revenue increase, with notable gains in both system and company-operated same shop sales. Strong performance was also reflected in improved profitability metrics, including higher net income and adjusted EBITDA, while the company maintained positive momentum with new shop openings and promising guidance for the remainder of 2025.

Revenue Growth

In the first quarter of 2025, Dutch Bros Inc reported total revenues of $355.2 million, marking a 29.1% jump from the same period in 2024. This robust increase underscores the company’s strong market presence in the quick service beverage sector.

Same Shop Sales Performance

Dutch Bros Inc achieved system same shop sales growth of 4.7% and company-operated same shop sales growth of 6.9%, demonstrating the brand’s ability to drive traffic and sales across both operating models, with additional positive transaction growth supporting these figures.

Profitability Highlights

The quarter saw net income rise to $22.5 million from $16.2 million, and adjusted EBITDA increased by 19.7% to $62.9 million. Additionally, company-operated shops experienced significant earnings improvements, reflecting efficient operations despite rising costs.

Growth Initiatives and Future Outlook

The company continued its expansion with 30 new shop openings across 11 states, reinforcing its growth strategy. Furthermore, Dutch Bros Inc provided optimistic guidance for 2025, with expectations for total revenues, same shop sales growth, and adjusted EBITDA reaching the upper range of previously communicated estimates.