Dutch Bros Inc. (BROS) quarterly cash flow statement — complete operating, investing & financing history
Dutch Bros Inc. (BROS) cash flow statement — 7-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 0 | 112.21M | 84.72M | 79.64M | 89.13M | 89.9M | 36.88M | 62.24M | 83.47M | 59.54M | 41.19M | 45.01M | 49.06M | 42.77M | 3.08M | 17.11M | 26.05M | 17.47M | -756K | 8.07M |
| Operating CF Margin % | - | 20.37% | 18.24% | 17.95% | 21.04% | 21.62% | 10.39% | 18.16% | 24.68% | 18.32% | 14.97% | 17.71% | 18.55% | 17.11% | 1.56% | 8.48% | 13.12% | 9.37% | -0.5% | 5.76% |
| Operating CF Growth % | -100% | 24.82% | 129.7% | 27.96% | 6.78% | 51% | -10.46% | 38.28% | 70.12% | 39.21% | 1238.74% | 162.98% | 88.31% | 144.81% | 507.01% | 112.06% | 61.78% | -57.09% | -104.88% | -25.85% |
| Net Income | 37.23M | 51.6M | 16.1M | 29.16M | 27.28M | 38.36M | 22.48M | 6.37M | 21.71M | 22.16M | 16.21M | -1.4M | 13.4M | 9.71M | -9.39M | -2.82M | 1.59M | -1.75M | -16.28M | -8.68M |
| Depreciation & Amortization | 39.34M | 35.48M | 30.8M | 31.74M | 29.07M | 27.9M | 26.43M | 25.52M | 23.88M | 22.35M | 21.25M | 19.72M | 18.12M | 16.52M | 14.78M | 13.2M | 11.81M | 10.54M | 9.18M | 7.49M |
| Stock-Based Compensation | 6.96M | 6.88M | 0 | 4.51M | 4.65M | 4.67M | 4.19M | 3.26M | 2.96M | 3.33M | 1.93M | 0 | 9.7M | 10.15M | 9.17M | 10.66M | 10.65M | 10.45M | 9.9M | 9.96M |
| Deferred Taxes | 0 | 11.73M | 3.03M | 2.97M | 7.31M | 6.36M | 985K | 86K | 3.65M | 3.29M | 8.39M | 346K | 1.54M | 1.92M | 2.15M | 4.83M | -3.76M | 516K | -511K | -1.08M |
| Other Non-Cash Items | -83.52M | 11.51M | 27.13M | 1.31M | 5.58M | 5.96M | 4.97M | 8.06M | 3.92M | 3.28M | -2.09M | 10.49M | 3.52M | 2.12M | 1.35M | -2.65M | 4.64M | 2.06M | 2.75M | 60K |
| Working Capital Changes | 0 | -5M | 7.67M | 9.95M | 15.23M | 6.66M | -22.18M | 18.94M | 27.34M | 5.13M | -4.51M | 15.85M | 2.8M | 2.35M | -14.98M | -6.11M | 1.12M | -4.34M | -5.79M | 327K |
| Change in Receivables | 0 | -105K | -379K | -4.08M | -770K | -1.9M | -1.04M | -236K | 1.98M | -679K | -2.54M | 12K | 243K | -601K | 3.19M | 2.45M | -345K | -1.2M | -2.23M | 375K |
| Change in Inventory | 0 | -3.86M | 11.53M | -3.62M | -2.88M | -4.19M | -1.74M | 1.89M | 8.27M | -1.26M | 1.56M | 3.34M | -2.69M | -3.65M | -4.73M | -5.52M | -859K | -5.93M | -3.52M | -4.85M |
| Change in Payables | 0 | 3.13M | 2.13M | 2.58M | 1.62M | 538K | -1.03M | 422K | -1.62M | -3.44M | 8.3M | 474K | 842K | 2.13M | 462K | -2.36M | 2.97M | 1.13M | -132K | -3.62M |
| Cash from Investing | 0 | -72.24M | -76.81M | -71.13M | -70.2M | -54.2M | -45.53M | -42.71M | -56.12M | -55.78M | -57.46M | -59.82M | -65.4M | -59.02M | -43.04M | -53.16M | -50.78M | -42.61M | -46.02M | -44.31M |
| Capital Expenditures | 0 | -72.29M | -57M | -71.17M | -70.2M | -54.21M | -45.55M | -42.77M | -57.06M | -64.45M | -57.46M | -60.73M | -65.42M | -59.02M | -43.28M | -53.25M | -50.78M | -43.87M | -39.98M | -44.32M |
| CapEx % of Revenue | - | 13.12% | 12.27% | 16.04% | 16.57% | 13.04% | 12.83% | 12.48% | 16.87% | 19.84% | 20.89% | 23.9% | 24.73% | 23.62% | 21.94% | 26.38% | 25.56% | 23.54% | 26.28% | 31.64% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 906K | 0 | 9K | 0 | 0 | 0 | 0 | -6.05M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 47K | -19.8M | 35K | 0 | 8K | 23K | 60K | 936K | 8.67M | 0 | 0 | 22K | 9K | 240K | 85K | 0 | 1.26M | 12K | 15K |
| Cash from Financing | 0 | -34.86M | -13.81M | -6.3M | -6.14M | -97.72M | 31.73M | -7.31M | -7.13M | -5.55M | 145.44M | -1.43M | 142.41M | 25.67M | 34.08M | 21.66M | 38M | 19.68M | 55.02M | 28.88M |
| Debt Issued (Net) | 0 | -970K | -6.71M | -5.81M | -5.12M | -84.68M | 42.82M | -5.97M | -6.39M | -5.55M | 146.32M | -2.24M | -186.86M | 25.67M | 35.98M | 21.66M | 38M | 19.93M | 61.67M | 29.17M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | -540K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | -33.89M | -7.1M | -490K | -1 | -13.04M | -11.09M | -1.34M | -744K | -2K | -873K | 1.35M | 329.27M | 0 | -1.9M | 0 | 0 | -250K | -6.65M | -293K |
| Net Change in Cash | 0 | 5.11M | -5.89M | 2.21M | 12.78M | -62.03M | 23.09M | 12.22M | 20.21M | -1.8M | 129.17M | -16.24M | 126.07M | 9.42M | -5.88M | -14.39M | 13.27M | -5.46M | 8.25M | -7.36M |
| Free Cash Flow | 0 | 39.92M | 27.72M | 8.47M | 18.92M | 35.69M | -8.67M | 19.47M | 26.41M | -4.91M | -16.27M | -15.72M | -16.36M | -16.26M | -40.21M | -36.13M | -24.72M | -26.41M | -40.74M | -36.25M |
| FCF Margin % | - | 7.25% | 5.97% | 1.91% | 4.47% | 8.58% | -2.44% | 5.68% | 7.81% | -1.51% | -5.91% | -6.18% | -6.19% | -6.51% | -20.38% | -17.9% | -12.45% | -14.17% | -26.77% | -25.88% |
| FCF Growth % | -100% | 11.86% | 419.88% | -56.48% | -28.35% | 826.51% | 46.73% | 223.87% | 261.39% | 69.79% | 59.54% | 56.5% | 33.82% | 38.43% | 1.31% | 0.33% | -6.93% | -291.92% | -639.93% | -776.71% |
| FCF per Share | - | 0.30 | 0.22 | 0.07 | 0.15 | 0.28 | -0.07 | 0.17 | 0.23 | -0.05 | -0.20 | -0.21 | -0.27 | -0.28 | -0.71 | -0.65 | -0.45 | -0.52 | -0.85 | -0.79 |
| FCF Conversion (FCF/Net Income) | - | 3.00x | 5.26x | 3.73x | 5.09x | 3.51x | 2.40x | 17.23x | 6.60x | 4.99x | 5.83x | -32.10x | 11.65x | 15.54x | -0.80x | -25.81x | 14.78x | -19.28x | 0.15x | -1.31x |
| Interest Paid | 0 | 0 | 9.15M | 9.78M | 9.04M | 10.33M | 9.82M | 9.98M | 10.35M | 10.36M | 8.41M | 0 | 10.35M | 9.48M | 7.83M | 7.48M | 4.6M | 3.48M | 2.05M | 0 |
| Taxes Paid | 0 | 0 | 0 | 96K | 10K | 707K | 183K | 429K | 1.05M | 775K | 0 | 0 | 142K | 275K | 1.03M | 178K | 397K | 611K | 130K | 0 |