BROS · Dutch Bros Inc.
$50.27
+1.83 (+3.78%)
At close · Aug 19
Market Cap
$8.46B
Shares
174.68M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$50.27
Open$48.25
Day$48.07–51.18
52W close$46.69–74.24
Avg vol 30d3.7M
Short int13.8M · 7.9% float · 5.9d
Short vol68%
Last earningsAug 5, 2026
DataSep 2021–Aug 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 6, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Very Bullish
Fundamentals
Excellent
Quant / Vol
Very High
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−13%
below
Price vs 50-day avg
−21%
below
RSI (14)
33
neutral
MACD trend
Negative
52-week position
13%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−23%
trailing
6-month return
−7%
trailing
YTD return
−18%
this year
Relative strength
−18%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $63 › 200d $58 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +115 funds added
Insider flow
Accumulating
Net +$103.1K over 90 days · 0% sells
Short interest
Falling
7.89% of float · ▼ -1.9% MoM · 5.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
550 holders — near 3-yr high, broad support
Squeeze score
63
elevated · 0–100
Fundamentals
Revenue growth
+28%
Y/Y
EPS growth
+88%
Y/Y
Free cash flow
$54.4M
Valuation
P/E 67.3
rich
Balance sheet
$69.2M
net cash
Quant / Vol
risk profile
Volatility
52%
annualized · 1-yr
Max drawdown
−37%
past year
ATR
5.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 5, 2026
Total revenues
· 2026 full year
Initiated
$2.1B – $2.13B
prior FY $1.64B
midpoint +29.1% Y/Y
Adjusted EBITDA
· 2026 full year
Non-GAAP
Initiated
$385M – $390M
Capital expenditures
· 2026 full year
Initiated
$350M – $370M
Prior guidance
period ended
· from the 8-K filed Nov 5, 2025
Total revenues
· full year 2025
$1.61B – $1.62B
Adjusted EBITDA
· full year 2025
$285M – $290M
Capital expenditures
· full year 2025
$240M – $260M
Guided vs delivered
· last 3 settled
Total revenues
full year 2025
guided $1.61B – $1.62B
$1.64B
Beat +1.6%
Revenue
2024
guided $1.19B – $1.21B
$1.28B
Beat +7.0%
Revenue
2023
guided $950M – $1B
$965.78M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−13%
Bearish
Price vs 50-day avg
−21%
Bearish
RSI (14)
33
Neutral
MACD trend
Negative
Bearish
52-week position
13%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 4 of 6
Trend (MA cross)
No cross
50d $63 › 200d $58 — 50d above 200d
Institutional flow
Accumulating
+7% holders QoQ · +115 funds added
Insider flow
Accumulating
Net +$103.1K over 90 days · 0% sells
Short interest
Falling
7.89% of float · ▼ -1.9% MoM · 5.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
550 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $47
Now $50 · 13%
Range high $74
vs 200-day avg -13%
vs 50-day avg -21%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $193.09M | Six Months Ended June 30, 2026 | — |
|
|
|||
| Adjusted fully exchanged weighted-average shares of common stock outstanding - diluted non-GAAP | 178.11M | Six Months Ended June 30, 2026 | — |
| Adjusted net income non-GAAP | 86.9M | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income $51.61M
+$6.88M Equity-based compensation
+$0K Expenses associated with 2022 credit facility refinancing
+$309K Acquisition-related costs
-$437K TRAs remeasurements
+$216K Organization realignment and restructuring
-$232K Income tax effects
= Adjusted net income $58.34M
|
|||
| Adjusted net income per fully exchanged share of diluted common stock non-GAAP | $0.49 | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net income per share of Class A common stock - diluted $0.28
+$0.01 Controlling and non-controlling interest adjustments
+$0.04 Equity-based compensation
+$0 Expenses associated with 2022 credit facility refinancing
+$0 Acquisition-related costs
+$0 TRAs remeasurements
+$0 Organization realignment and restructurings
+$0 Income tax effects
= Adjusted net income per fully exchanged share of diluted common stock $0.33
|
|||
| Adjusted selling, general, and administrative expenses non-GAAP | $138M | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Selling, general, and administrative $80.65M
-$1.66M Depreciation and amortization
-$5.98M Equity-based compensation
-$309K Acquisition-related costs
-$216K Organization realignment and restructurings
= Adjusted selling, general, and administrative $72.49M
|
|||
| Company-operated new openings | 77 | Six Months Ended June 30, 2026 | — |
| Company-operated operating weeks | 21,682 | Six Months Ended June 30, 2026 | — |
| Company-operated shop count | 888 | Q2 2026 | — |
| Company-operated shop count, end of period | 888 | Six Months Ended June 30, 2026 | — |
| Company-operated shops AUV | $2.16M | Six Months Ended June 30, 2026 | — |
| Company-operated shops contribution non-GAAP | $277.27M | Six Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Company-operated shops gross profit $123.3M
+$32.67M Depreciation and amortization
= Company-operated shops contribution $155.97M
|
|||
| Dutch Rewards transactions as a percentage of total transactions | 74% | Six Months Ended June 30, 2026 | — |
| Franchised new openings | 12 | Six Months Ended June 30, 2026 | — |
| Franchised shop count | 337 | Q2 2026 | — |
| Franchised shop count, end of period | 337 | Six Months Ended June 30, 2026 | — |
| Franchising and other operating weeks | 8,583 | Six Months Ended June 30, 2026 | — |
| New shops opened | 48 | Q2 2026 | — |
|
|
|||
| Systemwide AUV | $2.19M | Six Months Ended June 30, 2026 | — |
| Systemwide sales | $1.31B | Six Months Ended June 30, 2026 | — |
| Systemwide same shop sales | 6.9% | Six Months Ended June 30, 2026 | — |
|
|
|||
| Total shop count | 1,225 | Six Months Ended June 30, 2026 | — |
| Company-operated new shops opened | 33 | Q1 2026 | — |
| Total locations | 1,177 | Q1 2026 | — |
| Average unit volume (AUV) | $2.1M | FY2025 | — |
| Company-operated same shop sales | 7.4% | FY2025 | — |
| Company-operated same shop transactions | 5.4% | FY2025 | — |
| System same shop sales | 5.6% | FY2025 | — |
| Systemwide same shop transactions | 3.2% | FY2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Restaurants — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
BROS
this stock
Dutch Bros Inc.
|
$8.46B | -17.9% | +27.9% | 67.3 | 7.9% |
|
MCD
Mcdonalds Corp
|
$187.90B | -12.5% | +3.7% | 21.6 | 1.7% |
|
SBUX
Starbucks Corp
|
$122.41B | +24.7% | +2.8% | 62.1 | 3.4% |
|
CMG
Chipotle Mexican Grill Inc
|
$43.95B | -6.3% | +5.4% | 31.9 | 3.1% |
|
YUM
Yum Brands Inc
|
$39.53B | -3.5% | +8.8% | 18.2 | 2.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| BROS | -1.5% | -22.6% | -6.8% | -23.6% | -17.9% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -1.0% | -25.5% | -18.3% | -26.6% | -30.7% |
Key facts
CIK
1866581
CUSIP
26701L100
13F (30d)
485 filings
484 filers
Visit website
Investor relations