Dutch Bros (BROS) Shares Outstanding (2021 - 2026)
Dutch Bros' Shares Outstanding came in at 134.49 million for Q2 2026, up 6.4% from 126.39 million a year earlier and up 5.8% from the prior quarter.
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Analysis
Dutch Bros (BROS) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Dutch Bros' Shares Outstanding was 125.33 million, up 21.1% from FY2024.
- Shares Outstanding has increased in each of the last four years, with a four-year compound annual growth rate of 28.6% (FY2021 to FY2025).
- Going back by year, Shares Outstanding was 103.5 million in FY2024 (+66.7%), 62.07 million in FY2023 (+19.7%), 51.87 million in FY2022 (+13.1%) and 45.86 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Shares Outstanding in data going back to Q3 2021.
- Year-over-year, Shares Outstanding has increased for 16 consecutive quarters, with growth averaging 34.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 5.2% in Q1 2026 to 91.7% in Q3 2024.
- Business Quant data shows BROS's Shares Outstanding at 127.14 million (Q1 2026), 125.33 million (Q4 2025) and 126.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 709.10 Mn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 1.14 Bn |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 275.00 Mn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 1.28 Bn |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 348.00 Mn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 113.60 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 228.00 Mn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 348.00 Mn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 65.70 Mn |
| 10 | Dutch Bros | 5.53 Bn | 4.46 Bn | 151.06 Mn | 134.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.49 Mn |
| Mar 31, 2026 | 127.14 Mn |
| Dec 31, 2025 | 125.33 Mn |
| Sep 30, 2025 | 126.99 Mn |
| Jun 30, 2025 | 126.39 Mn |
| Mar 31, 2025 | 120.81 Mn |
| Dec 31, 2024 | 103.50 Mn |
| Sep 30, 2024 | 113.82 Mn |
| Jun 30, 2024 | 101.97 Mn |
| Mar 31, 2024 | 83.33 Mn |
| Dec 31, 2023 | 62.07 Mn |
| Sep 30, 2023 | 59.37 Mn |
| Jun 30, 2023 | 56.73 Mn |
| Mar 31, 2023 | 56.66 Mn |
| Dec 31, 2022 | 51.87 Mn |
| Sep 30, 2022 | 53.12 Mn |
| Jun 30, 2022 | 50.93 Mn |
| Mar 31, 2022 | 48.06 Mn |
| Dec 31, 2021 | 45.86 Mn |
| Sep 30, 2021 | 44.99 Mn |
API Access
Dutch Bros Shares Outstanding 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=shares-outstanding&ticker=BROS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=BROS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();