Growth Metrics

Dutch Bros (BROS) Shares Outstanding (Diluted Average) (2021 - 2026)

Dutch Bros posted quarterly Shares Outstanding (Diluted Average) of $127.4 million for Q1 2026, up 4.84% year-on-year from $121.5 million in Q1 2025, and up 1.29% on a QoQ basis from $125.8 million in Q4 2025.

Dutch Bros (BROS) has 6 years of Shares Outstanding (Diluted Average) data on file, last reported at $127.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) rose 4.84% year-over-year to $127.4 million; the trailing twelve-month figure through Mar 2026 stood at $127.4 million (up 4.84% YoY), and the FY2025 full-year result was $125.8 million, up 20.78% from the prior year.
  • Shares Outstanding (Diluted Average) for Q1 2026 stood at $127.4 million, up from $125.8 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $127.4 million in Q1 2026 and bottomed at $48.1 million in Q1 2022.
  • The 5-year median for Shares Outstanding (Diluted Average) is $83.4 million (2024), against an average of $85.8 million.
  • The widest annual swing landed in 2024, when Shares Outstanding (Diluted Average) jumped 89.74%; it then rose 4.84% in 2026.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $51.9 million in 2022, then increased by 19.67% to $62.1 million in 2023, then soared by 67.75% to $104.1 million in 2024, then advanced by 20.78% to $125.8 million in 2025, then climbed by 1.29% to $127.4 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $127.4 million (Q1 2026), $125.8 million (Q4 2025), and $125.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn 1.14 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn 1.30 Bn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 459.00 Mn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 115.80 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn -
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 118.28 Mn
10 Dutch Bros 7.47 Bn 7.43 Bn 107.48 Mn 127.38 Mn

Historic Data

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DateValue
Mar 31, 2026 127.38 Mn
Dec 31, 2025 125.76 Mn
Sep 30, 2025 125.20 Mn
Jun 30, 2025 124.18 Mn
Mar 31, 2025 121.51 Mn
Dec 31, 2024 104.13 Mn
Sep 30, 2024 114.25 Mn
Jun 30, 2024 93.05 Mn
Mar 31, 2024 83.41 Mn
Dec 31, 2023 62.07 Mn
Sep 30, 2023 60.21 Mn
Jun 30, 2023 57.43 Mn
Mar 31, 2023 56.66 Mn
Dec 31, 2022 51.87 Mn
Sep 30, 2022 54.42 Mn
Jun 30, 2022 49.50 Mn
Mar 31, 2022 48.06 Mn
Dec 31, 2021 45.86 Mn
Sep 30, 2021 45.81 Mn