KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Dutch Bros (BROS) Gross Margin (2020 - 2025)

Dutch Bros (BROS) has disclosed Gross Margin for 6 consecutive years, with 24.15% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 151.0% year-over-year to 24.15%, compared with a TTM value of 25.88% through Dec 2025, down 67.0%, and an annual FY2025 reading of 25.88%, down 67.0% over the prior year.
  • Gross Margin was 24.15% for Q4 2025 at Dutch Bros, down from 25.21% in the prior quarter.
  • Across five years, Gross Margin topped out at 36.95% in Q2 2021 and bottomed at 20.37% in Q1 2022.
  • Average Gross Margin over 5 years is 26.71%, with a median of 25.87% recorded in 2024.
  • The sharpest move saw Gross Margin plummeted -1280bps in 2022, then skyrocketed 436bps in 2023.
  • Year by year, Gross Margin stood at 24.46% in 2021, then increased by 10bps to 26.93% in 2022, then decreased by -14bps to 23.27% in 2023, then rose by 10bps to 25.66% in 2024, then decreased by -6bps to 24.15% in 2025.
  • Business Quant data shows Gross Margin for BROS at 24.15% in Q4 2025, 25.21% in Q3 2025, and 28.87% in Q2 2025.