Welcome to our dedicated page for Dutch Bros SEC filings (Ticker: BROS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dutch Bros Inc. filings document the public-company disclosures of a Delaware corporation operating and franchising drive-thru beverage shops. Form 8-K reports primarily furnish quarterly and annual financial results, Regulation FD disclosures and related press-release exhibits covering revenue, same shop sales, transaction trends, shop openings, company-operated shop performance and adjusted profitability measures.
The company’s proxy materials cover stockholder voting matters, board and committee governance, executive compensation, equity awards and related ownership disclosures. Together, the filing record reflects the company’s operating model across company-operated shops and franchising, its capital and governance framework, and recurring risk and performance topics tied to scaling a quick-service beverage brand.
Dutch Bros Inc. (BROS) reported an insider equity transaction by director C. David Cone. On 11/20/2025, 445 restricted stock units (RSUs) were converted to 445 shares of Class A Common Stock at an exercise price of $0. Following this transaction, Cone directly beneficially owned 5,551 shares of Class A Common Stock.
The Form 4 also notes remaining derivative holdings of 889 RSUs. These RSUs vest in four tranches: 25% on August 20, 2025, 25% on November 20, 2025, 25% on February 20, 2026, and the final 25% on the earlier of May 20, 2026 or the date of the company’s 2026 annual stockholder meeting.
Dutch Bros Inc. (BROS) filed an amended Schedule 13G/A (Amendment No. 6) reporting updated beneficial ownership positions in its Class A common stock. As of September 30, 2025, Travis Boersma reported beneficial ownership of 50,726,099 shares, representing 28.9% of the class, with sole voting and dispositive power over those shares.
DM Trust Aggregator, LLC reported 30,703,297 shares (19.7%) with sole voting and dispositive power; DM Individual Aggregator, LLC reported 19,309,042 shares (13.3%) with sole voting and dispositive power; and DMI Holdco, LLC reported 713,760 shares (0.6%) with sole voting and dispositive power. The filing lists the Reporting Persons as Travis Boersma, DM Trust Aggregator, LLC, DM Individual Aggregator, LLC, and DMI Holdco, LLC.
Dutch Bros Inc. reported Q3 results highlighted by higher sales and profitability. Total revenues were $423.6 million, up from $338.2 million a year ago, driven by company-operated shops revenue of $392.8 million and franchising and other revenue of $30.8 million. Income from operations was $41.5 million. Net income attributable to Dutch Bros Inc. was $17.5 million, or $0.14 per diluted share, compared with $12.6 million, or $0.11, in the prior year period.
For the nine months ended September 30, 2025, operating cash flow reached $215.9 million, while purchases of property and equipment were $170.0 million. As of September 30, 2025, there were 1,081 shops in 24 states, including 759 company-operated and 322 franchised. The company amended and restated its credit facility on May 29, 2025 to a $500 million revolving credit line and a $150 million term loan maturing in 2030; $50.0 million was outstanding on the revolver and approximately $149.1 million on the term loan, with $438.3 million available. Tax Receivable Agreements liabilities totaled $825.8 million. Shares outstanding as of October 31, 2025 were: Class A 127,031,344; Class B 35,210,946; Class C 2,279,846.
Dutch Bros Inc. (BROS) furnished its Q3 2025 results. The company announced financial results for the third quarter ended September 30, 2025, and provided its earnings press release as Exhibit 99.1.
The materials were furnished under Item 2.02 and Item 7.01 and, as stated, are not deemed filed under Section 18 of the Exchange Act or incorporated by reference except as specifically referenced.
Dutch Bros (BROS) reported an insider transaction by its Chief Legal Officer on November 1, 2025. The officer settled 2,182 vested restricted stock units into Class A shares, then had 914 shares withheld at $55.54 for tax obligations. Following these transactions, the officer directly owned 14,743 Class A shares. The RSU award vested in two equal tranches on November 1, 2024 and November 1, 2025.
Travis Boersma, Executive Chairman and 10% owner of Dutch Bros Inc. (BROS), reported coordinated sales of Class A common stock executed on 08/25/2025. The filings show multiple dispositions by entities managed by the reporting person—DM Trust Aggregator, LLC and DM Individual Aggregator, LLC—made pursuant to Rule 10b5-1 trading plans adopted November 22, 2024. The report lists a series of sales across price points with weighted-average prices disclosed for grouped transactions and indicates remaining beneficial ownership balances held indirectly through the DM entities after the trades.
DM Individual Aggregator, LLC reported multiple automatic sales of Class A common stock of Dutch Bros Inc. (BROS) executed on 08/25/2025 under a Rule 10b5-1 trading plan adopted on November 22, 2024. The Form 4 lists four sale entries: 1,583 shares at a weighted average price of $65.961 (beneficial holdings 1,277,561), 35,232 shares at $67.8915 (holdings 1,242,329), 110,004 shares at $68.3948 (holdings 1,132,325) and 157,294 shares at $69.5922 (holdings 975,031). The document is signed by Thomas P. Conaghan as attorney-in-fact for Travis Boersma, Manager, dated 08/26/2025. All information is presented as reported on the Form 4.
DM Trust Aggregator, LLC reported a series of automatic sales of Dutch Bros Inc. (BROS) Class A common stock executed on 08/25/2025 under a Rule 10b5-1 trading plan adopted on November 22, 2024. The reporting person sold a total of 483,568 shares across multiple transactions at weighted-average prices in four bands ranging from approximately $65.74 to $69.92. After the transactions, the reporting person’s beneficial ownership in Class A stock was reported as 1,550,396 shares. The Form 4 was signed by an attorney-in-fact on 08/26/2025. All information is reported as disclosed; no additional context or motives are provided in the filing.
Dutch Bros, Inc. (BROS) filed a Form 144 reporting a proposed sale of 304,113 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $19,925,483.76. The filing lists 126,960,284 shares outstanding and an approximate sale date of 08/25/2025. The securities were acquired as founders shares on 09/27/2018. The filing also discloses recent Rule 10b5-1 sales on 08/21/2025 and 08/22/2025, showing multiple sales by related aggregator entities totaling several hundred thousand shares and gross proceeds reported for each trade. The filer attests there is no undisclosed material adverse information and references Rule 10b5-1 trading plans where applicable.
Dutch Bros Inc. (BROS) Form 144 notice of proposed sale. The filing notifies a proposed sale of 483,568 shares of common stock through Morgan Stanley Smith Barney with an aggregate market value of $31,683,375.36, with an approximate sale date of 08/25/2025 on the NYSE. The shares were originally acquired as Founders Shares on 09/27/2018. The filing also discloses multiple recent Rule 10b5-1 sales during August 2025 totaling 1,712,319 shares and gross proceeds across those trades of $110,991,230.87. The filer certifies no undisclosed material information and indicates use of broker and 10b5-1 plans for sales.