Dutch Bros Inc-A 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the Quarterly Period ended March31, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 DUTCH BROS INC. (Exact name of Registrant as specified in its charter)______________________________ 87-1041305 Delaware (I.R.S. Employer Identification No.) (State or other jurisdiction ofincorporation or organization) 1930 W. Rio Salado PkwyTempe, Arizona 85281 (Zip Code) (Address of Principal Executive Offices) (877) 899-2767(Registrant's telephone number, including area code)______________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of theSecurities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant wasrequired to file such reports); and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for suchshorter period that the registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “acceleratedfiler,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). YesNo As of April30, 2026, the registrant’s outstanding shares of common stock were as follows: GLOSSARY As used in this Quarterly Report on Form 10-Q (this Form 10-Q), the terms identified below have the meanings specified belowunless otherwise noted or the context requires otherwise. References in this Form 10-Q to “Dutch Bros,” the “Company,” “we,”“us” and “our” refer to Dutch Bros Inc. and its consolidated subsidiaries unless the context indicates otherwise. Forward-Looking Statements Certain statements in this Form 10-Q, including those in the section titled “Management’s Discussion and Analysis,” thatare not historical facts, including those regarding the impact of inflation, increased minimum wages, interest rate risk, andgeneral macroeconomic conditions, including the conflicts in the Middle East, on our results of operations, supply chain, orliquidity, the potential impact of actions we have taken to mitigate the impact of unforeseen circumstances, taxes and taxrates, our expectations regarding the number of new shops we may open, anticipated future revenues and earnings,consumer demand, and our expectations to generate positive cash flow in the foreseeable future are forward-lookingstatements as defined in the Private Securities Litigation Reform Act of 1995. We use words such as “anticipate,”“believe,” “could,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “should,” “target,” and similar terms andphrases, including references to assumptions, to identify forward-looking statements. In addition, statements that “webelieve” and similar statements reflect our beliefs and opinions on the relevant subject. While we believe that informationprovides a reasonable basis for these statements, that information may be limited or incomplete, and our statementsshould not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant information.These forward-looking statements are based on information available to us as of the date of this Form 10-Q, and weassume no obligation to update these forward-looking statements. These statements are subject to risks and uncertaintiesthat could cause actual results to differ materially from those described in the statements. You should not place unduereliance on forward-looking statements, which speak only as of the date of this Form 10-Q. You should read the following unaudited condensed consolidated financial statements and the related notes in this Form10-Q together with our analysis and discussion of our financial condition and results of operations and other financialinformation included elsewhere in this Form 10-Q. You should also read our Annual Report on Form 10-K for the yearended December31, 2025, filed with the SEC on February 12, 2026 (2025 Form 10-K). While we believe that our assumptions are reasonable, we caution that it is very difficult to predi