← Dutch Bros Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Cost of sales | $142.3m | $211.7m | $346.1m | $558.1m | $714.5m | $940.9m | $1.2b | |
| Selling, general and administrative | $65.8m | $105.1m | $265.0m | $183.5m | $205.1m | $234.0m | $262.8m | |
| Income from operations | $30.3m | $10.7m | ($113.3m) | ($2.6m) | $46.2m | $106.1m | $161.2m | |
| Other income | $524k | ($363k) | ($1.2m) | $4.0m | $3.0m | $5.8m | $2.7m | |
| Income before income taxes | $28.5m | $6.6m | ($121.6m) | ($16.7m) | $16.9m | $84.9m | $135.6m | |
| Net income | $28.4m | $5.7m | ($120.0m) | ($19.3m) | $10.0m | $66.5m | $117.3m | |
| Less: Net income attributable to non-controlling interests | $0 | $0 | ($38.5m) | ($14.5m) | $8.2m | $31.2m | $37.4m | |
| Net income attributable to Dutch Bros Inc. | $0 | $0 | ($12.9m) | ($4.8m) | $1.7m | $35.3m | $79.8m | |
| Basic (in dollars per share) | — | — | ($2.62) | ($0.37) | $0.16 | $0.64 | $0.94 | |
| Diluted (in dollars per share) | — | — | ($2.62) | ($0.37) | $0.16 | $0.64 | $0.93 | |
| Interest expense, net | ($2.3m) | ($3.7m) | ($7.1m) | ($18.0m) | ($32.3m) | ($27.0m) | ($28.3m) | |
| Income tax expense | $89k | $843k | ($1.6m) | $2.6m | $7.0m | $18.4m | $18.3m | |
| Total costs and expenses | $208.1m | $316.7m | $611.1m | $741.6m | $919.6m | $1.2b | $1.5b | |
| Total other expense | ($1.8m) | ($4.1m) | ($8.3m) | ($14.0m) | ($29.3m) | ($21.2m) | ($25.6m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.