Dutch Bros Inc.
For the period ended Dec 31, 2025. Filed Feb 13, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 13, 2026
BROS$35.29-2.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Franchising and Other Segment Performance
| Year Ended December 31, | |||||||
|---|---|---|---|---|---|---|---|
| (dollars in thousands; unaudited) · 2025 · 2024 · 2023 · 2025 v. 2024 · 2024 v 2023 | |||||||
| Franchising and other revenue | $128,830 | $115,185 | $107,837 | $13,645 | 11.8% | $7,348 | 6.8% |
| Franchising and other gross profit | $93,557 | $80,170 | $71,061 | $13,387 | 16.7% | $9,109 | 12.8% |
| As a percentage of franchising and other revenue | 72.6% | 69.6% | 65.9% | N/A | 300 bps | N/A | 370 bps |
The franchising and other gross profit increase of $13.4 million was driven by products sold to franchisees (net of costs and adjustments), royalties and marketing fees generated from higher franchise partner sales.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.