Dutch Bros reported third quarter 2026 results on November 4, 2026, with total revenues up 29.8% to $549.8 million and net income of $37.2 million, compared with $27.3 million a year earlier. The company also updated its 2026 guidance, now projecting at least $2.1 billion in total revenues and approximately $380 million in Adjusted EBITDA, and set a 2027 system shop opening goal of approximately 250.
Q3 2026 total revenues were $549.8 million, up from $423.6 million in Q3 2025.
Diluted earnings per Class A share were $0.20, up from $0.14 in the prior-year quarter.
Adjusted EBITDA was $101.1 million, up 29.6% from $78.0 million; company-operated same shop sales rose 5.4%.
2026 guidance: revenues of at least $2.1 billion, same shop sales growth of at least 5%, Adjusted EBITDA of approximately $380 million, and capital expenditures of $370 million to $390 million.
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From Dutch Bros Inc.'s 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$1.64B
+27.9%
$0.64
+88.2%
4.9%
FY2024
$1.28B
+32.6%
$0.34
+1033.3%
2.8%
FY2023
$965.78M
+30.7%
$0.03
—
0.2%
FY2022
$739.01M
+48.4%
$-0.09
—
-0.6%
FY2021
$497.88M
+52.1%
$-0.28
—
-2.5%
Frequently asked questions
When is Dutch Bros's next earnings date?
Dutch Bros has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Dutch Bros earn last quarter?
For the quarter ended Sep 2026, Dutch Bros reported diluted EPS of $0.20 (+42.9% year over year) on revenue of $549.84M (+29.8%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.