Quarterly ResultMay 6, 2026, 05:22 PM
Dutch Bros Q1 Revenue +30.7% to $464.4M; Net Income +5.3%
AI Summary
Dutch Bros Inc. reported robust financial performance for the first quarter of 2026, with total revenues climbing 30.7% to $464.4 million and net income increasing 5.3% to $23.7 million. Basic and diluted earnings per share remained consistent at $0.13. The company also expanded its footprint by acquiring Clutch Coffee assets for $19.8 million, with plans to convert 20 locations into Dutch Bros shops, and continued its organizational restructuring initiatives.
Key Highlights
- Total revenues increased 30.7% to $464.4 million in Q1 2026.
- Net income rose 5.3% to $23.7 million for the quarter.
- Basic and diluted EPS remained $0.13 in Q1 2026.
- Acquired Clutch Coffee assets for $19.8 million, converting 20 locations.
- Net cash provided by operating activities surged 129.7% to $84.7 million.
- Operated 1,177 shops across 25 U.S. states as of March 31, 2026.
- Incurred $1.6 million in restructuring charges in Q1 2026.
- Amended $650 million credit facility in May 2025.
Price Impact
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