Dutch Bros Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	263.52	269.4	293.35	133.55	20.18	18.51
Cash & Short-Term Investments	263.52	269.4	293.35	133.55	20.18	18.51
Cash Growth	-16.73%	-8.16%	119.67%	561.84%	9.04%	-41.51%
Accounts Receivable	18.77	18.39	10.6	9.12	11.97	10.64
Inventory	37.39	48.92	36.49	46.95	39.23	23.35
Other Current Assets	20.82	20.67	17.5	15.64	10.95	8.8
Total Current Assets	340.5	357.38	357.94	205.26	82.32	61.29
Net Property, Plant & Equipment	1,797	1,680	1,374	1,125	782.71	302
Other Intangible Assets	-	-	-	5.42	8.8	11.1
Goodwill	-	-	-	21.63	21.63	18.72
Other Long-Term Assets	967.32	972.1	769.29	406.86	290.89	160.59
Total Assets	3,105	3,009	2,501	1,764	1,186	553.7
Accounts Payable	41.69	37.63	32.23	29.96	21.27	20.44
Accrued Expenses	-	-	-	47.18	29.37	20.97
Short-Term Debt	-	-	-	-	110.87	64.1
Current Portion of Long-Term Debt	3.88	3.88	17.31	4.49	2.61	0.1
Current Portion of Leases	39.16	36.47	27.24	19.72	17.29	3.39
Unearned Revenue	56.52	55.66	42.87	30.35	25.34	22.81
Other Current Liabilities	113.94	106.87	83.43	6.42	5.94	6.92
Total Current Liabilities	255.19	240.5	203.07	138.12	212.68	138.73
Long-Term Debt	195.45	196.3	219.76	93.18	96.3	3.5
Long-Term Leases	921.88	852.38	678.61	559.19	398.36	79.59
Other Long-Term Liabilities	812.26	822.27	635.79	297.6	227.05	118.15
Total Long-Term Liabilities	1,930	1,871	1,534	949.97	721.71	201.24
Total Liabilities	2,185	2,111	1,737	1,088	934.38	339.97
Common Stock	0	0	0	0	0	0
Additional Paid-in Capital	580.77	581.26	517.07	379.39	145.61	107.19
Accumulated Other Comprehensive Income	0.07	0.05	0.63	0.54	0.81	-
Retained Earnings	115.61	99.51	19.67	-15.59	-17.31	-12.68
Total Common Shareholders' Equity	696.45	680.82	537.37	364.35	129.12	94.52
Minority Interest	224.08	217.05	226.5	311.58	122.86	119.21
Shareholders' Equity	920.53	897.87	763.87	675.92	251.98	213.73
Total Liabilities & Equity	3,105	3,009	2,501	1,764	1,186	553.7
Total Debt	1,160	1,089	942.91	676.58	625.42	150.69
Net Cash (Debt)	-896.85	-819.62	-649.56	-543.04	-605.24	-132.18
Net Cash Per Share	-7.05	-6.52	-6.24	-8.75	-11.67	-2.88
Book Value	696.45	680.82	537.37	364.35	129.12	94.52
Book Value Per Share	5.47	5.41	5.16	5.87	2.49	2.06
Tangible Book Value	696.45	680.82	537.37	337.3	98.69	64.7
Tangible Book Value Per Share	5.47	5.41	5.16	5.43	1.90	1.41

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q