BROS

EX-99.1

2 a2026-q3_ex991.htm

EX-99.1

Document

Exhibit 99.1

Dutch Bros Inc. Reports Third Quarter 2026 Financial Results

Achieves 30% Revenue Growth Year-Over-Year

Delivers 5.4% Company-Operated and 4.4% Systemwide Same Shop Sales Growth

Announces Accelerated 2027 System Shop Opening Goal of 250 Shops

TEMPE, Ariz. - November 4, 2026 - Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the U.S. quick service beverage industry, today reported financial results for the third quarter ended September 30, 2026.

Third Quarter 2026 Highlights

•Opened 48 new shops, 42 of which were company-operated.

•Total revenues grew 29.8% to $549.8 million as compared to $423.6 million in the same period of 2025.

•Company-operated same shop sales increased 5.4% and company-operated same shop customer visits increased 1.0% relative to the same period of 2025. Systemwide same shop sales increased 4.4% and systemwide same shop customer visits increased 0.4% relative to the same period in 2025.

•Net income was $37.2 million as compared to $27.3 million in the same period of 2025.

•Adjusted EBITDA1 grew 29.6% to $101.1 million as compared to $78.0 million in the same period of 2025.

•Completed the reacquisition of franchise rights and assets of the Phoenix East Valley franchise consisting of 32 locations on July 27, 2026.

Christine Barone, Chief Executive Officer and President of Dutch Bros, said, “Dutch Bros continues to gain share in the high-growth beverage category. In the third quarter, we achieved our fourteenth consecutive quarter of positive same shop sales and ninth consecutive quarter of same shop customer visit growth. This is a testament to the strength of our brand, our differentiated people-led culture, and our strategic focus on expanding customer occasions.”

Barone concluded, “The investments we’ve made in our people, tools, and processes over the past several years have enabled seamless execution by our teams and strengthened the foundation of our business. As we look ahead to 2027, we’re building on that foundation and unlocking new growth opportunities across the business. From accelerating our pace of beverage innovation to testing new hot food platforms, enhancing digital capabilities and piloting delivery, we’re creating more reasons for new and existing customers to choose Dutch Bros.”

Dutch Bros Inc.| Earnings Release | 1

2026 Guidance

•Total revenues are now projected to be at least $2.1 billion.

•Same shop sales growth is now estimated to be at least 5%.

•Adjusted EBITDA2 is now estimated to be approximately $380 million.

•Capital expenditures are now estimated to be between $370 million and $390 million.

The item below remains unchanged.

•Total system shop openings are estimated to be at least 185.

2027 Guidance

•Total system shop openings are estimated to be approximately 250.

1    This is a non-GAAP financial measure. Reconciliation of U.S. GAAP to non-GAAP results is provided in the section “Non-GAAP Financial Measures”.

2    We have not reconciled guidance for Adjusted EBITDA to the corresponding U.S. GAAP financial measure because we do not provide guidance for the various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of our control and cannot be reasonably predicted due to the fact that these items could vary significantly from period to period. Accordingly, reconciliation to the corresponding U.S. GAAP financial measure is not available without unreasonable effort.

Dutch Bros Inc.| Earnings Release | 2

Conference Call and Webcast Today

Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast today at 5:00 p.m. Eastern Time (ET) to discuss financial results for the third quarter ended September 30, 2026.

Event: Third Quarter 2026 Conference Call and Webcast

Date: Wednesday, November 4, 2026

Time: 5:00 p.m. ET

Dial In: 1-201-493-6779

Webcast: https://investors.dutchbros.com under “Events & Presentations”.

The webcast will be archived shortly after the conference call has concluded. We will also publish earnings presentation slides related to these financial results on our website https://investors.dutchbros.com under “Events & Presentations”.

About Dutch Bros Inc.

Dutch Bros Inc. (NYSE: BROS) is a fun-loving, mind-blowing drive-thru specialty beverage leader dedicated to making a massive difference, one cup at a time. It was founded in Grants Pass, Oregon, in 1992 and now shares its vibrant culture and fully customizable drinks at 1,273 locations as of September 30, 2026. Dutch Bros serves a wide variety of unique, handcrafted beverages such as its exclusive Dutch Bros Rebel® energy drink, Myst Energy RefresherTM, specialty coffee, nitrogen-infused cold brew, tea, lemonade, soda and more.

Dutch B

EX-99.1

2 a2026-q2_ex991.htm

EX-99.1

Document

Exhibit 99.1

Dutch Bros Inc. Reports Second Quarter 2026 Financial Results

Achieves 32% Revenue Growth Year-Over-Year

Delivers 8.3% Company-Operated and 5.8% Systemwide Same Shop Sales Growth

Raises 2026 Guidance on Total Revenues, System Same Shop Sales Growth, and Adjusted EBITDA

TEMPE, Ariz. - August 5, 2026 - Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the U.S. quick service beverage industry, today reported financial results for the second quarter ended June 30, 2026.

Second Quarter 2026 Highlights

•Opened 48 new shops, 44 of which were company-operated.

•Total revenues grew 32.5% to $550.9 million as compared to $415.8 million in the same period of 2025.

•Company-operated same shop sales1 increased 8.3% and company-operated same shop transactions increased 3.4% relative to the same period of 2025. Systemwide same shop sales1 increased 5.8% and systemwide same shop transactions increased 1.7% relative to the same period in 2025.

•Net income was $51.6 million as compared to $38.4 million in the same period of 2025.

•Adjusted EBITDA2 grew 27.8% to $113.7 million as compared to $89.0 million in the same period of 2025.

Christine Barone, Chief Executive Officer and President of Dutch Bros, said, “Our second quarter performance reflects the strength of the Dutch Bros brand, powered by our differentiated people-led culture and our compelling value proposition that continues to resonate with customers. The success of our strategy was evident in the second quarter as we delivered our thirteenth consecutive quarter of positive same shop sales growth and our eighth consecutive quarter of same shop transaction growth. We also maintained exceptionally strong development momentum, while AUVs climbed to record levels. This performance is the result of years of foundational investments across the business, giving us tremendous confidence in our ability to continue growing Dutch Bros for the long-term.”

Josh Guenser, Chief Financial Officer of Dutch Bros, concluded, “Based on the performance so far this year and the recent acquisition from one of our Phoenix franchisees, we are increasing our full-year guidance on Total Revenues, Systemwide Same Shop Sales Growth and Adjusted EBITDA. We enter the second half of the year from a position of strength, with a focused plan, strong visibility into our growth initiatives, and a clear path to turning the significant whitespace ahead of us into durable growth.”

Dutch Bros Inc.| Earnings Release | 1

2026 Guidance3

•Total revenues are now projected to be between approximately $2.1 billion and $2.13 billion.

•Same shop sales1 growth is now estimated to be in the range of 5% to 6%.

•Adjusted EBITDA4 is now estimated to be between $385 million and $390 million.

•Capital expenditures are now estimated to be between $350 million and $370 million.

The item below remains unchanged.

•Total system shop openings are estimated to be at least 185.

1    Same shop sales is defined in the section “Select Financial Metrics”.

2    This is a non-GAAP financial measure. Reconciliation of U.S. GAAP to non-GAAP results is provided in the section “Non-GAAP Financial Measures”.

3    Excludes any impact from the Salad and GoTM transaction announced on August 5, 2026.

4    We have not reconciled guidance for Adjusted EBITDA to the corresponding U.S. GAAP financial measure because we do not provide guidance for the various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of our control and cannot be reasonably predicted due to the fact that these items could vary significantly from period to period. Accordingly, reconciliation to the corresponding U.S. GAAP financial measure is not available without unreasonable effort.

Dutch Bros Inc.| Earnings Release | 2

Conference Call and Webcast Today

Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast today at 5:00 p.m. Eastern Time (ET) to discuss financial results for the second quarter ended June 30, 2026.

Event: Second Quarter 2026 Conference Call and Webcast

Date: Wednesday, August 5, 2026

Time: 5:00 p.m. ET

Dial In: 1-201-493-6779

Webcast: https://investors.dutchbros.com under “Events & Presentations”.

The webcast will be archived shortly after the conference call has concluded. We will also publish earnings presentation slides related to these financial results on our website https://investors.dutchbros.com under “Events & Presentations”.

About Dutch Bros Inc.

Dutch Bros Inc. (NYSE: BROS) is a fun-loving, mind-blowing drive-thru specialty beverage leader dedicated to making a massive difference, one cup at a time. It was founded in Grants Pass, Oregon, in 1992 and now shares its vibrant culture and

EX-99.1

2 a2026-q1_ex991.htm

EX-99.1

Document

Exhibit 99.1

Dutch Bros Inc. Reports First Quarter 2026 Financial Results

Achieves 31% Revenue Growth Year-Over-Year

Delivers 8.3% System Same Shop Sales Growth, Including 5.1% System Same Shop Transaction Growth

Raises 2026 Guidance on Total Revenues, System Same Shop Sales Growth, Adjusted EBITDA and Total System Shop Openings

TEMPE, Ariz. - May 6, 2026 - Dutch Bros Inc. (NYSE: BROS; “Dutch Bros” or the “Company”), one of the fastest-growing brands in the U.S. quick service beverage industry, today reported financial results for the first quarter ended March 31, 2026.

First Quarter 2026 Highlights

•Opened 41 new shops, 33 of which were company-operated.

•Total revenues grew 30.8% to $464.4 million as compared to $355.2 million in the same period of 2025.

•Systemwide same shop sales1 increased 8.3% and systemwide same shop transactions increased 5.1% relative to the same period in 2025. Company-operated same shop sales1 increased 10.6% and company-operated same shop transactions increased 6.9% relative to the same period of 2025.

•Net income was $23.7 million as compared to $22.5 million in the same period of 2025.

•Adjusted EBITDA2 grew 26.2% to $79.4 million as compared to $62.9 million in the same period of 2025.

Christine Barone, Chief Executive Officer and President of Dutch Bros, said, “Our first quarter results reinforce that Dutch Bros continues to operate in a category of its own. Our foundation is built for long-term scale, anchored by our people-led culture, meaningful customer connection, and industry-leading innovation. I am incredibly proud of the execution from our teams, and the results they have driven."

Barone continued, “We delivered exceptionally strong results this quarter, highlighted by 31% revenue growth and an outstanding 8.3% increase in system same shop sales, driven by our seventh consecutive quarter of transaction growth. We’re seeing this strength in existing and new markets, throughout dayparts and customer segments. Our teams continue to bring the electric energy, kindness, and connection that define the Dutch Bros experience and earn unrivaled customer engagement.”

Josh Guenser, Chief Financial Officer of Dutch Bros, concluded, “Based on the strong performance throughout the first quarter and the performance we have seen into the second quarter, we are raising our full-year guidance across the board. The trajectory of Dutch Bros remains incredibly strong.”

Dutch Bros Inc.| Earnings Release | 1

2026 Guidance

•Total revenues are now projected to be between approximately $2.05 billion and $2.08 billion.

•Same shop sales1 growth is now estimated to be in the range of 4% to 6%.

•Adjusted EBITDA3 is now estimated to be between $370 million and $380 million.

•Total system shop openings are now estimated to be at least 185.

The item below remains unchanged.

•Capital expenditures are estimated to be between $270 million and $290 million.

1    Same shop sales is defined in the section “Select Financial Metrics”.

2    This is a non-GAAP financial measure. Reconciliation of U.S. GAAP to non-GAAP results is provided in the section “Non-GAAP Financial Measures”.

3    We have not reconciled guidance for Adjusted EBITDA to the corresponding U.S. GAAP financial measure because we do not provide guidance for the various reconciling items. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of our control and cannot be reasonably predicted due to the fact that these items could vary significantly from period to period. Accordingly, reconciliation to the corresponding U.S. GAAP financial measure is not available without unreasonable effort.

Dutch Bros Inc.| Earnings Release | 2

Conference Call and Webcast Today

Christine Barone, Chief Executive Officer and President, and Joshua Guenser, Chief Financial Officer, will host a conference call and webcast today at 5:00 p.m. Eastern Time (ET) to discuss financial results for the first quarter ended March 31, 2026.

Event: First Quarter 2026 Conference Call and Webcast

Date: Wednesday, May 6, 2026

Time: 5:00 p.m. ET

Dial In: 1-201-493-6779

Webcast: https://investors.dutchbros.com under “Events & Presentations”.

The webcast will be archived shortly after the conference call has concluded. We will also publish earnings presentation slides related to these financial results on our website https://investors.dutchbros.com under “Events & Presentations”.

About Dutch Bros Inc.

Dutch Bros Inc. (NYSE: BROS) is a high-growth operator and franchisor of drive-thru shops that focus on serving high QUALITY, hand-crafted beverages with unparalleled SPEED and superior SERVICE.

Founded in 1992 by brothers Dane and Travis Boersma, Dutch Bros began with a double-head espresso machine and a pushcart in Grants Pass, Oregon. While espresso-based beverages are still at the cor