Dutch Bros annual net debt
2020
2021
2022
2023
2024
2025
Dutch Bros Net Debt Growth & History (BROS)
Dutch Bros's net debt was $819.6M for fiscal 2025.
View full Dutch Bros company overviewDutch Bros annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $819.6M | $170.1M | +26.18% |
| 2024 | 2024-12-31 | $649.6M | $106.5M | +19.62% |
| 2023 | 2023-12-31 | $543.0M | $48.7M | +9.84% |
| 2022 | 2022-12-31 | $494.4M | $506.3M | — |
| 2021 | 2021-12-31 | −$11.9M | −$8.4M | — |
| 2020 | 2020-12-31 | −$3.5M | — | — |
Dutch Bros quarterly net debt
Q4.20
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $938.7M | $212.2M | +29.20% |
| Q1 2026 | 2026-03-31 | $896.8M | $192.1M | +27.26% |
| Q4 2025 | 2025-12-31 | $819.6M | $170.1M | +26.18% |
| Q3 2025 | 2025-09-30 | $769.4M | $121.9M | +18.83% |
| Q2 2025 | 2025-06-30 | $726.5M | $76.6M | +11.79% |
| Q1 2025 | 2025-03-31 | $704.8M | $106.1M | +17.72% |
| Q4 2024 | 2024-12-31 | $649.6M | $106.5M | +19.62% |
| Q3 2024 | 2024-09-30 | $647.5M | $151.6M | +30.58% |
| Q2 2024 | 2024-06-30 | $649.9M | $71.6M | +12.38% |
| Q1 2024 | 2024-03-31 | $598.6M | $55.0M | +10.11% |
| Q4 2023 | 2023-12-31 | $543.0M | $48.7M | +9.84% |
| Q3 2023 | 2023-09-30 | $495.8M | $47.9M | +10.69% |
| Q2 2023 | 2023-06-30 | $578.3M | $165.7M | +40.15% |
| Q1 2023 | 2023-03-31 | $543.7M | $166.6M | +44.18% |
| Q4 2022 | 2022-12-31 | $494.4M | $506.3M | — |
| Q3 2022 | 2022-09-30 | $448.0M | $470.2M | — |
| Q2 2022 | 2022-06-30 | $412.7M | — | — |
| Q1 2022 | 2022-03-31 | $377.1M | — | — |
| Q4 2021 | 2021-12-31 | −$11.9M | −$8.4M | — |
| Q3 2021 | 2021-09-30 | −$22.2M | — | — |
| Q4 2020 | 2020-12-31 | −$3.5M | — | — |
Dutch Bros net debt trends
Over the last five fiscal years, Dutch Bros's net debt increased from −$3.5M to $819.6M, a change of $823.1M. The latest reported quarter, Q2 2026, shows $938.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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