Dutch Bros raises 2026 guidance as Q2 revenue rises 32.5% to $550.9 million
Dutch Bros reported second-quarter 2026 revenue of $550.9 million, up 32.5% from a year earlier, with net income of $51.6 million, up from $38.4 million. The company raised its full-year 2026 guidance for total revenues, same shop sales growth and Adjusted EBITDA, which excludes the Salad and Go transaction announced the same day. Shareholders also face a separate agreement to acquire real estate and site assets tied to up to 65 Salad and Go locations, with closing expected in the third quarter of 2026.
Key points
- Q2 2026 total revenues were $550.9 million, up from $415.8 million, and Adjusted EBITDA was $113.7 million, up 27.8% from $89.0 million.
- Net income was $51.6 million, compared with $38.4 million in the second quarter of 2025; diluted EPS was $0.28, compared with $0.20.
- 2026 guidance now calls for total revenues of about $2.1 billion to $2.13 billion, same shop sales growth of 5% to 6%, and Adjusted EBITDA of $385 million to $390 million.
- On August 4, 2026, Dutch Bros agreed to acquire real estate and site assets of up to 65 Salad and Go locations in Arizona, Nevada, Oklahoma and Texas; closing is expected in the third quarter of 2026.
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 August 05, 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.