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Dutch Bros Inc.

For the period ended Sep 30, 2026. Filed Nov 5, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 5, 2026

BROS$33.77-2.3%Stored close · as of Nov 6, 2026

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Franchising and Other Segment Performance

Three Months Ended September 30, · Nine Months Ended September 30,
(dollars in thousands; unaudited) · 2026 · 2025 · 2026 v. 2025 · 2026 · 2025 · 2026 v. 2025
Franchising and other revenue$34,833$30,751$4,08213.3%$111,008$94,795$16,21317.1%
Franchising and other gross profit22,28924,344(2,055)(8.4)%71,73870,3311,4072.0%
As a percentage of franchising and other revenue64.0%79.2%N/A(1,520) bps64.6%74.2%N/A(960) bps

The franchising and other gross profit decrease for the three months ended September 30, 2026, was driven by reduced profit from the reacquisition of franchise rights and assets, and higher freight costs, partially offset by products sold to franchisees (net of costs and adjustments), royalties and marketing fees generated from higher franchise partner sales.

The franchising and other gross profit increase for the nine months ended September 30, 2026, was driven by products sold to franchisees (net of costs and adjustments), royalties and marketing fees generated from higher franchise partner sales, partially offset by reduced profit from the reacquisition of franchise rights and assets.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.