Dutch Bros (BROS) Shares Outstanding (Diluted Average) (2021 - 2026)
Dutch Bros (BROS) reported Shares Outstanding (Diluted Average) of $127.4 million for Q1 2026, up 4.84% on a YoY basis from $121.5 million in Q1 2025, and up 1.29% quarter-over-quarter from $125.8 million in Q4 2025.
Dutch Bros (BROS) Shares Outstanding (Diluted Average) (2021 - 2026) Analysis & Trends
Dutch Bros has reported Shares Outstanding (Diluted Average) for 6 years, with the latest figure 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.
- The five-year high for Shares Outstanding (Diluted Average) was $127.4 million in Q1 2026, with the low at $48.1 million in Q1 2022.
- Historically, Shares Outstanding (Diluted Average) has averaged $85.8 million across 5 years, with a median of $83.4 million in 2024.
- Annual changes were most pronounced in 2024 — Shares Outstanding (Diluted Average) jumped 89.74% — and 2026, when it rose 4.84%.
- Dutch Bros' Shares Outstanding (Diluted Average) stood at $51.9 million in 2022, then grew by 19.67% to $62.1 million in 2023, then surged by 67.75% to $104.1 million in 2024, then gained by 20.78% to $125.8 million in 2025, then advanced 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 | 114.58 Bn | 112.88 Bn | 9.40 Bn | 1.14 Bn |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 1.30 Bn |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | - |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 459.00 Mn |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 115.80 Mn |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | - |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | - |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | - |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 118.28 Mn |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 127.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |