Dutch Bros (BROS) Net Margin (2020 - 2026)
Dutch Bros posted quarterly Net Margin of 5.1% for Q1 2026, down 123.0% year-on-year from 22.15% in Q1 2025, and down 22.47% on a QoQ basis from 6.57% in Q4 2025.
Dutch Bros (BROS) has 7 years of Net Margin data on file, last reported at 5.1% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 123.0% year-over-year to 5.1%; the trailing twelve-month figure through Mar 2026 stood at 6.78% (up 144.0% YoY), and the FY2025 full-year result was 7.16%, up 197.0% from the prior year.
- Net Margin for Q1 2026 stood at 5.1%, down from 6.57% in the prior quarter.
- Across five years, Net Margin topped out at 9.22% in Q2 2025 and bottomed at 10.7% in Q1 2022.
- The 5-year median for Net Margin is 5.07% (2023), against an average of 2.65%.
- Peak annual rise in Net Margin reached 9081 bps in 2022, while the deepest fall reached 1014 bps in 2022.
- A 5-year view of Net Margin shows it stood at 1.4% in 2022, then retreated by 6 bps to 1.48% in 2023, then soared by 225 bps to 1.86% in 2024, then soared by 254 bps to 6.57% in 2025, then dropped by 22 bps to 5.1% in 2026.
- The last three Net Margin figures came in at 5.1% (Q1 2026), 6.57% (Q4 2025), and 6.44% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 110.27 Bn | 108.58 Bn | 9.40 Bn | 5.36% |
| 2 | Yum Brands | 40.90 Bn | 40.21 Bn | 1.38 Bn | 20.98% |
| 3 | Chipotle Mexican Grill | 39.62 Bn | 38.75 Bn | 2.61 Bn | 9.81% |
| 4 | Restaurant Brands International | 25.25 Bn | 25.79 Bn | 2.14 Bn | 14.93% |
| 5 | Darden Restaurants | 23.41 Bn | 23.17 Bn | 3.31 Bn | -0.11% |
| 6 | Yum China Holdings | 15.07 Bn | 13.64 Bn | 3.24 Bn | 10.06% |
| 7 | Texas Roadhouse | 11.59 Bn | 11.39 Bn | 1.40 Bn | 7.56% |
| 8 | Dominos Pizza | 10.51 Bn | 10.27 Bn | 464.51 Mn | 12.15% |
| 9 | Cava | 8.67 Bn | 8.28 Bn | 797.57 Mn | 1.79% |
| 10 | Dutch Bros | 7.47 Bn | 7.43 Bn | 107.48 Mn | 5.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.10% |
| Dec 31, 2025 | 6.57% |
| Sep 30, 2025 | 6.44% |
| Jun 30, 2025 | 9.22% |
| Mar 31, 2025 | 6.33% |
| Dec 31, 2024 | 1.86% |
| Sep 30, 2024 | 6.42% |
| Jun 30, 2024 | 6.82% |
| Mar 31, 2024 | 5.89% |
| Dec 31, 2023 | -1.48% |
| Sep 30, 2023 | 5.07% |
| Jun 30, 2023 | 3.89% |
| Mar 31, 2023 | -4.76% |
| Dec 31, 2022 | -1.40% |
| Sep 30, 2022 | 0.80% |
| Jun 30, 2022 | -0.94% |
| Mar 31, 2022 | -10.70% |
| Dec 31, 2021 | -5.83% |
| Sep 30, 2021 | -90.01% |
| Jun 30, 2021 | 9.20% |
| Mar 31, 2021 | -4.88% |
| Dec 31, 2020 | -6.53% |
| Sep 30, 2020 | 7.68% |