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

Dutch Bros (BROS) posted Operating Expenses of $430.1 million for Q1 2026, up 4.99% on a QoQ basis from $409.7 million in Q4 2025, and up 32.72% year-over-year from $324.1 million in Q1 2025.

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

Dutch Bros' Operating Expenses history runs 7 years deep, the most recent figure standing at $430.1 million for 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 was $430.1 million for Q1 2026 at Dutch Bros, up from $409.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $430.1 million in Q1 2026 and bottomed at $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.
  • Peak annual rise in Operating Expenses reached 62.33% in 2022, while the deepest fall reached 20.86% in 2022.
  • Dutch Bros' Operating Expenses stood at $198.1 million in 2022, then climbed by 27.21% to $251.9 million in 2023, then climbed by 29.79% to $327.0 million in 2024, then rose by 25.27% to $409.7 million in 2025, then rose by 4.99% to $430.1 million in 2026.
  • Business Quant data shows BROS's Operating Expenses at $430.1 million in Q1 2026, $409.7 million in Q4 2025, and $382.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 8.75 Bn
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 1.42 Bn
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 2.69 Bn
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 1.66 Bn
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 2.94 Bn
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 2.82 Bn
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 1.49 Bn
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 115.37 Mn
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 430.11 Mn
10 Brinker International 8.13 Bn 8.07 Bn 1.10 Bn 1.30 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 114.96 Mn