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Dutch Bros quarterly revenue rises 29.8% to $549.8 million

Dutch Bros' revenue growth is slowing. Results for the quarter ended September 30, 2026, from the earnings release filed with the SEC on Nov 4, 2026.

Octans ResearchPublished

Snapshot

Dutch Bros' revenue growth is slowing: revenue rose 29.8% to $549.8 million in the quarter ended September 30, 2026, from $423.6 million a year earlier, after 32.5% year over year growth the quarter before.

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Market Data

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Company1D %Price
($BROS)▼ −2.31%33.77

as of 16:00 ET · Realtime derived data

What We Know

Revenue for the quarter ended September 30, 2026 was $549.8 million, versus $423.6 million in the same quarter a year earlier, up 29.8%. Diluted earnings per share was $0.20, up from $0.14.

Bar chart: Dutch Bros: revenue, last eight quarters. US$ millions by fiscal quarter end, as of Nov 4, 2026. Dec 2024 342.8; Mar 2025 355.2; Jun 2025 415.8; Sep 2025 423.6; Dec 2025 443.6; Mar 2026 464.4; Jun 2026 550.9; Sep 2026 549.8. Latest quarter $549.8M, Up 29.8% vs a year earlier.
Source: SEC EDGAR (earnings release and XBRL financial data)

Quarterly revenue by fiscal quarter end, oldest first: Dec 2024: $342.8 million; Mar 2025: $355.2 million; Jun 2025: $415.8 million; Sep 2025: $423.6 million; Dec 2025: $443.6 million; Mar 2026: $464.4 million; Jun 2026: $550.9 million; Sep 2026: $549.8 million.

Octans View

Year over year revenue change by quarter, computed from the filed figures: Dec 2025 up 29.4%; Mar 2026 up 30.8%; Jun 2026 up 32.5%; Sep 2026 up 29.8%. On those figures, Dutch Bros' revenue growth is slowing. That read compares the latest two year over year growth rates and nothing else.

Bear Case · Room for Disagreement

This brief covers reported revenue and diluted earnings per share only. It does not cover guidance, margins, segment results, cash flow or the earnings call, and it makes no forecast. Revenue is the total on the release line we matched; a company's own adjusted measures can differ.

Method and source. Octans Research matched the revenue line in the earnings release (Exhibit 99.1) to the year ago quarter the company reported in its own XBRL financial data; the two must agree before anything is published. The quarterly history comes from the same XBRL data. The text is generated from those verified figures by a fixed template; no model wrote it.

Chart

$BROS adjusted close, last 6 months $BROS adjusted close, last 6 months: series falling from 50.7 to 33.8 (−33.4%) from 2026-05-12 to 2026-11-06. Scale 30 to 80. 304050607080 2026-05-122026-11-06 $BROS ADJUSTED CLOSE, LAST 6 MONTHS −33.4% 33.77
Source: Tiingo · As of 2026-11-06Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Dutch Bros earnings release for the quarter ended September 30, 2026 (Exhibit 99.1), filed Nov 4, 2026
  2. [2]SEC EDGAR — Dutch Bros XBRL financial data (company facts)

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$549.8M

Revenue for the quarter ended September 30, 2026 was $549.8 million, versus $423.6 million in t… · What we know

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