BROS · Dutch Bros Inc.

Track BROS — free

$51.23 +0.15 (+0.29%) At close · Aug 26

Market Cap

$8.92B

174.68M

Up next

Next earnings call

Nov 4, 2026 Est · unconfirmed · in 10 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 6, 2026

AI Brief

TL;DR.

Bullish

Bearish

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 advice

Overall

Sell

SellHoldBuy

Technical Neutral Momentum Very Weak Sentiment Bullish Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 15.2 · calm Equity put/call 0.64

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg −11%

below

Price vs 50-day avg −17%

below

RSI (14) 38

neutral

MACD trend Positive

52-week position 16%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −21%

trailing

6-month return −6%

trailing

YTD return −16%

this year

Relative strength −18%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $62 › 200d $57 — 50d above 200d

Institutional flow Accumulating

+8% holders QoQ · +115 funds added

Insider flow Accumulating

Net +$103.1K over 90 days · 0% sells

Short interest Rising

8.17% of float · ▲ +3.5% MoM · 2.6 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

552 holders — near 3-yr high, broad support

Squeeze score 60

elevated · 0–100

Fundamentals

Excellent

Revenue growth +28%

Y/Y

EPS growth +88%

Y/Y

Free cash flow $54.4M

Valuation P/E 70.9

rich

Balance sheet $69.2M

net cash

Quant / Vol

risk profile

Very High

Volatility 52%

annualized · 1-yr

Max drawdown −37%

past year

ATR 4.8%

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

what management promised — and delivered

Beat or met 4 of last 4

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 4 settled

Total revenues full year 2025

guided $1.61B – $1.62B

guided $1.61B – $1.62B $1.64B Beat +1.6%

Revenue 2024

guided $1.19B – $1.21B

guided $1.19B – $1.21B $1.28B Beat +7.0%

Revenue 2023

guided $950M – $1B

guided $950M – $1B $965.78M In line

Total revenues full year 2022

guided at least $725M

guided at least $725M $739.01M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

2 · 4 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−11% Bearish

Price vs 50-day avg

−17% Bearish

RSI (14)

38 Neutral

MACD trend

Positive Bullish

52-week position

16% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $62 › 200d $57 — 50d above 200d

Institutional flow Accumulating

+8% holders QoQ · +115 funds added

Insider flow Accumulating

Net +$103.1K over 90 days · 0% sells

Short interest Rising

8.17% of float · ▲ +3.5% MoM · 2.6 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

552 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $47 Now $51 · 16% Range high $74

vs 200-day avg -11% vs 50-day avg -17%

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
Company-operated shops operating weeks	11,189	Three Months Ended June 30, 2026 filing	—
EBITDA non-GAAP	$106.75M	Three Months Ended June 30, 2026 filing	—
Franchising and other contribution non-GAAP	$28.91M	Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Franchising and other gross profit $27.76M +$1.16M Depreciation and amortization = Franchising and other contribution $28.91M
Franchising shops operating weeks	4,353	Three Months Ended June 30, 2026 filing	—
New company-operated shops opened	44	Three Months Ended June 30, 2026 filing	—
Pre-opening costs per new company-operated shop	$191K	Three Months Ended June 30, 2026 filing	—
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 reconciliation GAAP 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 reconciliation GAAP 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	—

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 reconciliation GAAP 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 same shop sales	10.6%	Q1 FY2026	—

Company-operated same shop transactions	6.9%	Q1 FY2026	—

Systemwide same shop transactions	5.1%	Q1 FY2026	—

Total new shop openings	41	Q1 FY2026	—
Average unit volume (AUV)	$2.1M	FY2025	—
System same shop sales	5.6%	FY2025	—
Total locations	1,136	as of December 31, 2025	—

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

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
BROS Dutch Bros Inc. this stock	$8.92B	-16.3%	+27.9%	70.9	8.2%
MCD Mcdonalds Corp	$189.09B	-12.7%	+3.7%	21.7	1.6%
SBUX Starbucks Corp	$123.68B	+28.8%	+2.8%	62.7	3.3%
CMG Chipotle Mexican Grill Inc	$47.36B	+0.9%	+5.4%	34.3	3.0%
YUM Yum Brands Inc	$42.94B	+2.1%	+8.8%	19.8	3.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

552

% held: 77.0%
Net QoQ: -3.5M sh
Top holder: FMR LLC

Held Float

View

Held by Funds

Fund positions

404

View

Short & Settlement

Short Interest Rising

Shares short

14.3M

Days to cover: 2.6d
Change: +487.9K sh

View

Short Volume

Short vol %

63%

As of: Aug 26, 2026

Short Total

View

Fails to Deliver

FTD shares

7.5K

Value: $486.3K
As of: Jul 30, 2026

View

Off-Exchange

Off-exchange %

44.6%

Week of: Jul 20, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net buying

Net (90d)

+$103.1K

Buyers / Sellers: 1 / 0

Buyers Sellers

View

Congressional Trades Sell

Member

Earl Blumenauer

Amount: $1.0K–$15.0K
Traded: Jun 30, 2023

View

Financials

Revenue (FY)

$1.6B

Net income (FY): $79.8M
EPS diluted: $0.64

View

Filings

SEC Filings

Latest

10-Q

Filed: Aug 6, 2026
This year: 12

View

Proposed Sales

Value

$29.5M

Shares: 488.9K
Filed: Jun 11, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 5, 2026

View

Investor Relations

Performance

	5D	20D	120D	MTD	YTD
BROS	+1.9%	-20.7%	-6.0%	-22.2%	-16.3%
SPY	-0.4%	+5.0%	+12.4%	+2.6%	+12.3%
vs SPY	+2.3%	-25.7%	-18.5%	-24.7%	-28.7%

Key facts CIK 1866581 CUSIP 26701L100 13F (30d) 427 filings 426 filers Visit website Investor relations

BROS · Dutch Bros Inc.

Price & Indicators

Up next

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance