Dutch Bros (NYSE:BROS) Surpasses Expectations; Stock Rises 15.2% on 29.4% YoY Revenue Growth

Dutch Bros (NYSE:BROS) reported Q4 CY2025 revenue of $443.6 million, a 29.4% year-over-year increase and 4.5% above estimates,lifting its stock to $58.52 (+15.2%). Non-GAAP profit of $0.17 per share was 73.9% above consensus. The midpoint of its full-year revenue guidance of $2.02 billion missed estimates by 1% and full-year EBITDA guidance was also slightly below outlook. Key context: The company operated 1,136 locations with same-store sales up 7.7% YoY in Q4, reflecting continued strength in existing locations. Annual same-store sales growth averaged 6% over the past two years, while new restaurant openings grew 17.6% annually. The company has posted 37.9% CAGR in sales over the last six years.