Dutch Bros (BROS) Operating Expenses (2020 - 2026)

Dutch Bros' (BROS) quarterly Operating Expenses came in at $430.1 million in Q1 2026, up 32.72% YoY from $324.1 million in Q1 2025, and up 4.99% on a QoQ basis from $409.7 million in Q4 2025.

Dutch Bros (BROS) Operating Expenses (2020 - 2026) Analysis & Trends

Dutch Bros (BROS) has 7 years of Operating Expenses data on file, last reported at $430.1 million in Q1 2026.

  • Quarterly Operating Expenses rose 32.72% year-over-year to $430.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 26.69% YoY) and the FY2025 annual result came in at $1.5 billion, up 25.71% from the prior year.
  • Operating Expenses advanced to $430.1 million in Q1 2026, from $409.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $430.1 million in Q1 2026 to a low of $166.4 million in Q1 2022.
  • A 5-year average of $279.0 million and a median of $251.9 million in 2023 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 62.33% in 2022, down 20.86% in 2022.
  • Tracing BROS's Operating Expenses over 5 years: stood at $198.1 million in 2022, then gained by 27.21% to $251.9 million in 2023, then gained by 29.79% to $327.0 million in 2024, then grew by 25.27% to $409.7 million in 2025, then grew by 4.99% to $430.1 million in 2026.
  • The last three Operating Expenses figures came in at $430.1 million (Q1 2026), $409.7 million (Q4 2025), and $382.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Mcdonalds 193.05 Bn 192.23 Bn 6.42 Bn 3.76 Bn
2 Starbucks 122.77 Bn 119.16 Bn 6.49 Bn 8.42 Bn
3 Chipotle Mexican Grill 42.40 Bn 41.73 Bn 2.35 Bn 2.82 Bn
4 Yum Brands 40.42 Bn 39.75 Bn 1.47 Bn 1.51 Bn
5 Restaurant Brands International 27.11 Bn 27.59 Bn 1.89 Bn 1.80 Bn
6 Darden Restaurants 25.70 Bn 25.48 Bn 3.68 Bn 3.20 Bn
7 Restaurant Brands International Limited Partnership 17.24 Bn 16.18 Bn 1.89 Bn 1.80 Bn
8 Yum China Holdings 16.42 Bn 15.74 Bn 2.22 Bn 2.79 Bn
9 Texas Roadhouse 13.58 Bn 13.40 Bn 1.44 Bn 1.54 Bn
10 Dutch Bros 9.09 Bn 8.99 Bn 151.06 Mn 480.45 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 480.45 Mn
Mar 31, 2026 430.11 Mn
Dec 31, 2025 409.65 Mn
Sep 30, 2025 382.09 Mn
Jun 30, 2025 361.15 Mn
Mar 31, 2025 324.08 Mn
Dec 31, 2024 327.01 Mn
Sep 30, 2024 305.70 Mn
Jun 30, 2024 292.73 Mn
Mar 31, 2024 249.52 Mn
Dec 31, 2023 251.94 Mn
Sep 30, 2023 239.81 Mn
Jun 30, 2023 230.30 Mn
Mar 31, 2023 197.50 Mn
Dec 31, 2022 198.06 Mn
Sep 30, 2022 193.47 Mn
Jun 30, 2022 183.71 Mn
Mar 31, 2022 166.38 Mn
Dec 31, 2021 147.17 Mn
Sep 30, 2021 244.48 Mn