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Q3 2026 earnings • released • EPS beat +1.68% • Revenue beat +0.27%
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BROS:NYSE
Dutch Bros Inc
$36.01
+6.66%
(+2.25) 1D
$35.93
-0.21% (-0.076)
After hours
Closed: Nov 9, 4:00:06 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for BROS...
Open
$34.50
High
$36.60
Low
$34.48
Mkt. cap
6.29B
Avg. vol.
4.95M
Volume
7.41M
P/E ratio
46.59
52-wk high
$74.02
52-wk low
$33.17
EPS
$0.77
Beta
1.97
Shares outstanding
137.94M
No. of employees
28K
Open
$34.50
High
$36.60
Low
$34.48
Mkt. cap
6.29B
Avg. vol.
4.95M
Volume
7.41M
P/E ratio
46.59
52-wk high
$74.02
52-wk low
$33.17
EPS
$0.77
Beta
1.97
Shares outstanding
137.94M
No. of employees
28K
News stories
From web sources and news partners
Profile
Dutch Bros Inc., originally written Dutch Bros., is a publicly held drive-through coffee chain in the United States. Founded in 1992 by Dane and Travis Boersma, it is headquartered in Tempe, Arizona, after having been based in Grants Pass, Oregon, for many years prior to 2025. It has company-owned and franchise locations primarily located in the Western United States, although the company has expanded as far east as Orlando, Florida. Wikipedia
About Dutch Bros Inc
CEOChristine Barone
Employees28K
FoundedFeb 12, 1992
HeadquartersTempe, Arizona, United States
SectorConsumer Discretionary
IndustryRestaurant
Analyst ratings
Based on 20 analysts giving stock ratings to BROS in the past 3 months
Strong buy
Buy
19
Hold
1
Sell
0
12-month forecast
Based on 20 Wall Street analysts offering 12 month price targets for BROS in the last 3 months.
Highest
Current $36.01
$79.00 (+119.38%)
Average
$57.05 (+58.43%)
Lowest
$38.00 (+5.53%)
Analyst
Recommendation
Action
Price target
Projected
Date
Matthew Smith, CFA
Stifel Nicolaus
Buy
Initiated
$48.00
+33.3%
11/09/2026
Jon Tower
Citi
Buy
Maintained
$64.00
+77.7%
11/06/2026
Sara Senatore
Bank of America Securities
Buy
Reiterated
$79.00
+119.4%
11/05/2026
Nick Setyan
Mizuho Securities
Buy
Maintained
$55.00
+52.7%
11/05/2026
Sarang Vora
Telsey Advisory
Buy
Maintained
$56.00
+55.5%
11/05/2026
Matt Curtis
D.A. Davidson
Buy
Maintained
$55.00
+52.7%
11/05/2026
Brian Bittner
Oppenheimer
Buy
Maintained
$54.00
+50%
11/05/2026
Logan Reich
RBC Capital
Hold
Reiterated
$38.00
+5.5%
11/05/2026
Chris O’Cull
Robert W. Baird
Buy
Maintained
$50.00
+38.9%
11/05/2026
Chris O’Cull
Robert W. Baird
Buy
Maintained
$50.00
+38.9%
11/05/2026
Brian Harbour
Morgan Stanley
Buy
Reiterated
$62.00
+72.2%
11/05/2026
Jim Salera
Stephens
Buy
Maintained
$47.00
+30.5%
11/05/2026
Anthony Trainor
Wells Fargo
Buy
Reiterated
$50.00
+38.9%
11/05/2026
Jeff Farmer
Gordon Haskett Capital Corporation
Buy
Maintained
$50.00
+38.9%
11/05/2026
Andrew Charles
TD Cowen
Buy
Maintained
$50.00
+38.9%
11/05/2026
Christopher Carril
KeyBanc
Buy
Maintained
$52.00
+44.4%
11/05/2026
Joe Feldman
Telsey Advisory
Buy
Maintained
$74.00
+105.5%
10/30/2026
Dennis Geiger
UBS
Buy
Reiterated
$75.00
+108.3%
10/26/2026
John Ivankoe
J.P. Morgan
Buy
Maintained
$60.00
+66.6%
09/29/2026
Jacob Aiken Phillips
Melius Research
Buy
Maintained
$70.00
+94.4%
09/18/2026
Unknown Analyst
Seaport Global
Buy
Initiated
$50.00
+38.9%
09/15/2026
Unknown Analyst
Robert W. Baird
Buy
Maintained
$82.00
+127.7%
08/24/2026
Unknown Analyst
Guggenheim
Buy
Reiterated
$76.00
+111.1%
08/11/2026
Sharon Zackfia
William Blair
Buy
Maintained
-
-
08/06/2026
Unknown Analyst
Freedom Capital Markets
Buy
Initiated
$95.00
+163.8%
06/30/2026
Brian Mullan
Piper Sandler
Hold
Maintained
$68.00
+88.8%
06/22/2026
Christine Cho
Goldman Sachs
Buy
Maintained
$80.00
+122.2%
05/06/2026
Andy Barish
Jefferies
Buy
Reiterated
$83.00
+130.5%
05/07/2026
Jeff Bernstein
Barclays
Buy
Reiterated
$75.00
+108.3%
05/07/2026
Unknown Analyst
D.A. Davidson
Buy
Maintained
$70.00
+94.4%
04/27/2026
Stephen J McManus
Exane BNP Paribas
Buy
Initiated
$73.00
+102.7%
03/30/2026
Unknown Analyst
Wolfe Research
Buy
Initiated
$77.00
+113.8%
03/09/2026
Last report
Nov 5, 2026
Fiscal period
Q3 2026
$0.25 / $0.25
+1.68%beat
Revenue / Est. (USD)
549.84M / 548.34M
+0.27%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
443.61M
464.41M
550.85M
549.84M
Cost of goods sold
336.48M
356.94M
399.80M
418.07M
Cost of revenue
336.48M
356.94M
399.80M
418.07M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
70.57M
71.56M
80.13M
77.74M
Operating expense
70.57M
71.56M
80.13M
77.74M
Total operating expenses
407.05M
428.50M
479.92M
495.82M
Operating income
36.56M
35.92M
70.93M
54.02M
Other non operating income
6.60M
-75.00K
861.00K
300.00K
EBT including unusual items
31.14M
27.00M
64.23M
46.04M
EBT excluding unusual items
35.74M
28.62M
64.75M
47.24M
Income tax expense
1.98M
3.34M
12.62M
8.81M
Effective tax rate
6.37%
12.37%
19.65%
19.13%
Other operating expenses
-
-
-
-
Net income
21.37M
16.10M
37.41M
27.16M
Net profit margin
4.82%
3.47%
6.79%
4.94%
Earnings per share
0.17
0.16
0.33
0.25
Interest and investment income
-
-
-
-
Interest expense
-7.42M
-7.22M
-7.04M
-7.08M
Net interest expenses
-7.42M
-7.22M
-7.04M
-7.08M
Depreciation and amortization charges
-
-
-
-
EBITDA
68.30M
74.17M
106.41M
93.36M
Gain or loss from assets sale
185.00K
96.00K
-95.00K
-91.00K
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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