Dutch Bros Inc. (BROS)
NYSE: BROS · Real-Time Price · USD
35.82
+2.05 (6.07%)
Nov 9, 2026, 12:19 PM EST - Market open
Dutch Bros Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 102.03 | 79.84 | 35.26 | 1.72 | -4.75 | -12.68 |
Depreciation & Amortization | 144.82 | 115.13 | 93.01 | 69.14 | 44.73 | 25.22 |
Loss (Gain) From Sale of Assets | 0.1 | 0.3 | -1.28 | -0.02 | -0.34 | 0.66 |
Stock-Based Compensation | 23.62 | 18.02 | 11.48 | 39.22 | 41.66 | 157.72 |
Other Operating Activities | 89.52 | 72.58 | 61.06 | 23.84 | -6.28 | -106.35 |
Change in Accounts Receivable | -1.47 | -7.79 | -1.47 | 2.84 | -1.32 | 0.19 |
Change in Inventory | 3.29 | -12.43 | 10.47 | -7.72 | -15.82 | -7.67 |
Change in Accounts Payable | 9.61 | 3.71 | 3.66 | 3.9 | 1.61 | 2.15 |
Change in Unearned Revenue | 4.48 | 13.69 | 13.86 | 5.57 | 3.37 | 11.71 |
Change in Other Net Operating Assets | 0.67 | 12.49 | 20.4 | 1.43 | -2.97 | 9.43 |
Operating Cash Flow | 376.67 | 295.55 | 246.43 | 139.92 | 59.88 | 80.38 |
Operating Cash Flow Growth | 35.42% | 19.93% | 76.13% | 133.65% | -25.50% | 50.10% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -285.74 | -241.13 | -221.74 | -228.46 | -187.88 | -118.44 |
Sale of Property, Plant & Equipment | 0.08 | 0.07 | 9.67 | 1.18 | 1.36 | 2.74 |
Cash Acquisitions | -83.33 | - | - | - | -6.05 | -5.39 |
Investing Cash Flow | -378.99 | -241.07 | -212.07 | -227.28 | -192.57 | -121.09 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Short-Term Debt Issued | - | - | 2.45 | 90 | 157.71 | 65 |
Long-Term Debt Issued | - | 250 | 150 | 1.65 | 1.38 | 201.48 |
Total Debt Issued | - | 250 | 152.45 | 91.65 | 159.08 | 266.48 |
Short-Term Debt Repaid | - | - | -2.45 | -202.71 | -10 | -15 |
Long-Term Debt Repaid | - | -302.79 | -21.59 | -15.05 | -7.82 | -230.25 |
Total Debt Repaid | -22.34 | -302.79 | -24.04 | -217.75 | -17.82 | -245.25 |
Net Debt Issued (Repaid) | -22.34 | -52.79 | 128.41 | -126.1 | 141.26 | 21.24 |
Issuance of Common Stock | - | - | - | 331.2 | - | 524.86 |
Repurchase of Common Stock | -7.88 | -12.53 | -1.07 | -1.9 | -3.9 | -299 |
Common Dividends Paid | - | - | - | - | - | -213.31 |
Other Financing Activities | -40.05 | -13.11 | -1.89 | -2.47 | -3 | -6.21 |
Financing Cash Flow | -70.27 | -78.43 | 125.45 | 200.73 | 134.36 | 27.58 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Cash Flow | -72.59 | -23.95 | 159.81 | 113.37 | 1.67 | -13.13 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 90.93 | 54.41 | 24.69 | -88.54 | -128 | -38.07 |
Free Cash Flow Growth | 39.02% | 120.34% | - | - | - | - |
Free Cash Flow Margin | 4.53% | 3.32% | 1.93% | -9.17% | -17.32% | -7.65% |
Free Cash Flow Per Share | 0.69 | 0.43 | 0.24 | -1.43 | -2.47 | -0.83 |
Levered Free Cash Flow | 8.36 | -2.03 | -4.35 | -85.89 | -119.64 | 11.58 |
Unlevered Free Cash Flow | 26.34 | 15.66 | 12.54 | -65.69 | -108.38 | 16.01 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Interest Paid | 36.84 | 38.97 | 39.1 | 34.97 | 17.61 | 7.35 |
Cash Income Tax Paid | 2.1 | 1 | 2.25 | 1.73 | 1.32 | 0.89 |
Change in Working Capital | 16.59 | 9.67 | 46.91 | 6.02 | -15.13 | 15.81 |