stockrowDutch Bros Inc.
BROS Consumer Cyclical Restaurants
Dutch Bros Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 27.9% from fiscal 2024.
- Revenue
- +29.8%
- EPS
- +42.9%
- Free cash flow
- +429.1%
- Total debt
- −99.2%
Quarter to September 2026, against a year earlier
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Dutch Bros Inc. (BROS) Gross margin
Dutch Bros Inc.'s gross margin over the twelve months to 30 September 2026 was 24.8%, down 1.1 percentage points from fiscal 2025 (25.9%). Over the past ten years it has ranged from 24.5% (fiscal 2022) to 40.3% (fiscal 2019); the current reading is higher than 29% of that period. That is below the Restaurants industry median of 38.9% and below the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 25.9% | (0.67) |
| FY2024 | 26.6% | 0.53 |
| FY2023 | 26.0% | 1.54 |
| FY2022 | 24.5% | (6.31) |
| FY2021 | 30.8% | (4.62) |
| FY2020 | 35.4% | (4.89) |
| FY2019 | 40.3% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 24.0% | (3.46) |
| Jun 2026 | 27.4% | 4.28 |
| Mar 2026 | 23.1% | (1.01) |
| Dec 2025 | 24.2% | (1.06) |
| 21 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| JMKE Jersey Mike�s Subs Inc. compare | 100.0% |
| WING Wingstop Inc. compare | 86.1% |
| CAVA CAVA Group, Inc. compare | 44.4% |
| DPZ Domino's Pizza Inc compare | 40.0% |
| BROS Dutch Bros Inc. | 24.8% |
| EAT Brinker International, Inc. compare | 19.0% |
| CAKE The Cheesecake Factory Incorporated compare | 16.9% |
| TXRH Texas Roadhouse, Inc. compare | 15.7% |
| YUMC Yum China compare | 0.00% |
| Restaurants industry median | 38.9% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on BROS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement