Dutch Bros (BROS) Net Margin (2020 - 2026)
Dutch Bros' (BROS) quarterly Net Margin came in at 9.37% in Q2 2026, up 14.0% on a YoY basis from 8.22% in Q2 2025, and up 83.85% quarter-over-quarter from 5.1% in Q1 2026.
Dutch Bros (BROS) Net Margin (2020 - 2026) Analysis & Trends
Dutch Bros (BROS) has reported Net Margin for 7 consecutive years, with 9.37% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 14.0% year-over-year to 9.37%; the trailing twelve-month figure through Jun 2026 stood at 7.0% (up 87.0% YoY), and the FY2025 full-year result was 7.16%, up 197.0% from the prior year.
- Net Margin rose to 9.37% in Q2 2026 per BROS's latest filing, from 5.1% in the prior quarter.
- Across five years, Net Margin topped out at 9.37% in Q2 2026 and bottomed at 10.7% in Q1 2022.
- Historically, Net Margin has averaged 3.03% across 5 years, with a median of 5.08% in 2026.
- The widest YoY moves for Net Margin: up 9081 bps in 2022, down 1014 bps in 2022.
- Over 5 years, Net Margin stood at 1.4% in 2022, then decreased by 6 bps to 1.48% in 2023, then jumped by 225 bps to 1.86% in 2024, then jumped by 254 bps to 6.57% in 2025, then jumped by 43 bps to 9.37% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 9.37%, 5.1%, and 6.57% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 33.27% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 11.21% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 12.05% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 39.33% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 20.12% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 10.89% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 26.39% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 8.35% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 7.26% |
| 10 | Dutch Bros | 6.71 Bn | 6.62 Bn | 151.06 Mn | 9.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.37% |
| 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% |
Dutch Bros Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BROS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BROS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BROS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();