Dutch Bros Q4 revenue rises 29% to $443.6 million; net income $29.2 million
Dutch Bros reported fourth-quarter and full-year 2025 results on February 12, 2026. Fourth-quarter revenue grew 29.4% year over year to $443.6 million, and net income rose to $29.2 million from $6.4 million, while the company also issued 2026 guidance of $2 billion to $2.03 billion in total revenue and $355 million to $365 million in Adjusted EBITDA.
Key points
- Q4 2025 total revenues rose 29.4% to $443.6 million, versus $342.8 million in Q4 2024.
- Q4 2025 net income was $29.2 million, versus $6.4 million a year earlier; Adjusted EBITDA rose 48.8% to $72.6 million.
- Full-year 2025 revenue was $1.64 billion and net income was $117.3 million.
- 2026 guidance: total revenues of about $2 billion to $2.03 billion, same shop sales growth of 3% to 5%, and Adjusted EBITDA of $355 million to $365 million, including the continued impact of elevated coffee costs.
The filing
Written by AI on Nov 8, 2026, 1:00 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.