Dutch Bros Inc. (BROS) reported first-quarter 2026 revenue of $464.4 million. This figure represents a 31% increase over the previous year. System-wide same-shop sales grew by 8.3%.
The company raised its full-year 2026 revenue guidance to between $2.05 billion and $2.08 billion. Dutch Bros plans to open at least 185 new shops this year.
The company's stock fell more than 9% on May 7, 2026. Analysts attributed the decline to concerns over stock dilution from an increased share count. GAAP earnings per share remained flat compared to the prior year.