Reported Earnings • May 07
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$0.13 (in line with 1Q 2025). Revenue: US$464.4m (up 31% from 1Q 2025). Net income: US$16.1m (up 4.8% from 1Q 2025). Profit margin: 3.5% (down from 4.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 7.3%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Hospitality industry in the US. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. BROS
Live News • May 07
Dutch Bros Lifts Outlook as Revenue Surges and Expansion Accelerates Past 1,100 Locations Dutch Bros reported Q1 2026 revenue of US$464.4m, a 30.8% year-over-year increase, and raised full-year revenue guidance to about US$2.07b, above earlier analyst expectations of roughly US$447m for the quarter.
The company continues to scale quickly, finishing 2025 with 1,136 locations and planning at least 181 new stores in 2026, supported by recent quarters of same-store sales growth in the 7.7% to 9.7% range.
New menu items, including hot food and mobile order-ahead, are contributing to higher transaction volumes. At the same time, higher coffee and food program costs, along with a premium valuation versus peers such as Starbucks and McDonald’s, leave the stock exposed to margin pressure and volatility.
The key takeaway is that Dutch Bros is pairing rapid footprint expansion with higher sales per store, which supports its raised revenue outlook but also raises execution risk as the store base and cost structure grow.
If you are following BROS, it is worth weighing the company’s long-term plan to exceed 2,000 stores by 2029 and potentially reach up to 7,000 U.S. outlets against the current premium valuation and the sensitivity of margins to input and labor costs. Announcement • May 02
Dutch Bros Coffee Launches Myst Energy Refreshers And Returns Seasonal Favorites Dutch Bros Coffee® splashed into summer with new Myst Energy Refresher™ and returning seasonal faves. Myst Energy Refreshers, Dulce de Leche and Strawberry Colada are now making waves at all 1,136+ Dutch Bros locations, while supplies last. Myst Energy Refreshers are a new way to energize your summer fun with plant-powered caffeine, electrolytes and antioxidants. Order them in flavors like: Passion Water, Cherry Lime, Firestorm™ or Tropical - all with less than 100 calories in a medium. For even more variety and customization options, try zero sugar Myst available in 30 different flavor combinations. The Dulce de Leche is a mesmerizing blend of caramel, white chocolate, cinnamon and sweet cream complete with Soft Top®, caramel drizzle and cinnamon sprinks. Get it as Freeze, Iced Latte or Iced Chai. The Strawberry Colada is a chill fantasy of pineapple, coconut, sweet cream with strawberry fruit on top. Best enjoyed as a Blended or Iced Rebel energy drink or Blended Lemonade. Cruise through summer with the Myst Energy Refreshers and returning faves starting May 1 at all 1,136+ Dutch Bros locations, while supplies last.