Dutch Bros (BROS) Net Margin (2020 - 2026)

Dutch Bros has reported Net Margin for 7 years, with the latest figure 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.
• The five-year high for Net Margin was 9.22% in Q2 2025, with the low at 10.7% in Q1 2022.
• Historically, Net Margin has averaged 2.65% across 5 years, with a median of 5.07% in 2023.
• The largest YoY upside for Net Margin was 9081 bps in 2022 against a maximum downside of 1014 bps in 2022.
• Dutch Bros' Net Margin stood at 1.4% in 2022, then fell by 6 bps to 1.48% in 2023, then surged by 225 bps to 1.86% in 2024, then surged by 254 bps to 6.57% in 2025, then slipped 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.