Dutch Bros (BROS) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 07, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-40798
Entity Registrant Name	DUTCH BROS INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	87-1041305
Entity Address, Address Line One	110 SW 4th Street
Entity Address, City or Town	Grants Pass,
Entity Address, State or Province	OR
Entity Address, Postal Zip Code	97526
City Area Code	541
Local Phone Number	955-4700
Title of 12(b) Security	Class A Common Stock, par value $0.00001 per share
Trading Symbol	BROS
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Central Index Key	0001866581
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Class A common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		45,541,195
Class B common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		64,699,136
Class C common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		41,056,429
Class D common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		12,411,419

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 34,567	$ 18,506
Accounts receivable, net	14,415	10,644
Inventories, net	33,713	23,345
Prepaid expenses and other current assets	11,110	8,796
Total current assets	93,805	61,291
Property and equipment, net	327,600	301,998
Finance lease right-of-use assets, net	214,903
Operating lease right-of-use assets, net	165,682
Intangibles, net	9,826	11,103
Goodwill	21,629	18,715
Deferred income tax assets, net	293,108	159,031
Other long-term assets	2,704	1,562
Total assets	1,129,257	553,700
Current liabilities:
Accounts payable	26,973	20,440
Accrued liabilities	22,850	20,970
Other current liabilities	6,446	6,471
Deferred revenue	28,829	22,807
Line of credit	85,752	64,104
Current portion of tax receivable agreements liability	450	450
Current portion of finance lease obligations	7,004
Current portion of finance lease obligations		3,389
Operating leases	9,462	0
Current portion of long-term debt	2,608	103
Total current liabilities	190,374	138,734
Deferred revenue, net of current portion	5,118	5,030
Tax receivable agreements liability, net of current portion	225,849	109,283
Finance lease obligations, net of current portion	209,257
Finance lease obligations, net of current portion		79,588
Lease liabilities, net of current portion	157,319	0
Long-term debt, net of current portion	96,879	3,503
Deferred rent	0	3,153
Other long-term liabilities	659	680
Total liabilities	885,455	339,971
Commitments and contingencies (Note 16)
Preferred stock, $0.00001 par value per share - 20,000 shares authorized; zero shares issued and outstanding as of September 30, 2022 and December 31, 2021	0	0
Additional paid in capital	141,480	107,193
Accumulated other comprehensive income	848	0
Accumulated deficit	(16,647)	(12,679)
Total stockholders' equity attributable to Dutch Bros Inc.	125,683	94,516
Non-controlling interests	118,119	119,213
Total equity	243,802	213,729
Total liabilities and equity	1,129,257	553,700
Class A common stock
Current liabilities:
Common stock	1	0
Class B common stock
Current liabilities:
Common stock	1	1
Class C common stock
Current liabilities:
Common stock	0	1
Class D common stock
Current liabilities:
Common stock	$ 0	$ 0

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, authorized (in Shares)	20,000,000	20,000,000
Preferred stock, outstanding ( in shares)	0	0
Preferred stock, issued (in shares)	20,000,000	0
Class A common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	400,000,000	400,000,000
Common stock, issued (in shares)	45,541,000	34,433,000
Common stock, outstanding (in shares)	45,541,000	34,433,000
Class B common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	144,000,000	144,000,000
Common stock, issued (in shares)	64,699,000	64,699,000
Common stock, outstanding (in shares)	64,699,000	64,699,000
Class C common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	105,000,000	105,000,000
Common stock, issued (in shares)	41,056,000	49,006,000
Common stock, outstanding (in shares)	41,056,000	49,006,000
Class D common stock
Common stock, par value (in dollars per share)	$ 0.00001	$ 0.00001
Common stock, authorized ( in shares)	42,000,000	42,000,000
Common stock, issued (in shares)	12,411,000	15,441,000
Common stock, outstanding (in shares)	12,411,000	15,441,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
REVENUES
Total revenues		$ 198,648	$ 129,803	$ 537,185	$ 357,796
COSTS AND EXPENSES
Cost of sales		148,092	90,779	410,629	238,754
Selling, general and administrative		45,378	153,700	132,934	223,174
Total costs and expenses		193,470	244,479	543,563	461,928
INCOME (LOSS) FROM OPERATIONS		5,178	(114,676)	(6,378)	(104,132)
OTHER EXPENSE
Interest expense, net		(5,011)	(2,393)	(11,096)	(5,248)
Other expense, net		(1,944)	(1,041)	(1,662)	(1,099)
Total other expense		(6,955)	(3,434)	(12,758)	(6,347)
LOSS BEFORE INCOME TAXES		(1,777)	(118,110)	(19,136)	(110,479)
Income tax benefit		(3,371)	(1,280)	(2,700)	(716)
NET INCOME (LOSS)		1,594	(116,830)	(16,436)	(109,763)
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions		0	(74,441)	0	(67,374)
Less: Net loss attributable to non-controlling interests	[1]	(169)	(31,312)	(12,346)	(31,312)
NET INCOME (LOSS) ATTRIBUTABLE TO DUTCH BROS INC	[1]	$ 1,763	$ (11,077)	$ (4,090)	$ (11,077)
Net income (loss) per share of Class A and Class D common stock
Basic (in dollars per share)	[2]	$ 0.03	$ (0.24)	$ (0.08)	$ (0.24)
Diluted (in dollars per share)	[2]	$ 0.03	$ (0.24)	$ (0.08)	$ (0.24)
Weighted-average shares of Class A and Class D common stock outstanding:
Basic (in shares)		53,118	45,807	50,719	45,807
Diluted (in shares)		54,418	45,807	50,719	45,807
Company-operated shops
REVENUES
Total revenues		$ 173,501	$ 108,661	$ 464,200	$ 289,548
Franchising and other
REVENUES
Total revenues		$ 25,147	$ 21,142	$ 72,985	$ 68,248
[1]2021 amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.[2]Basic and diluted net loss per share of Class A and Class D common stock are applicable only for periods subsequent to September 14, 2021, the effective date of the Company’s Reorganization Transactions and IPO.

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 1,594	$ (116,830)	$ (16,436)	$ (109,763)
Other comprehensive income (loss):
Unrealized gain on derivative securities, effective portion, net of income tax expense of $244 and $294, respectively	2,484	0	3,050	0
Comprehensive income (loss)	4,078	(116,830)	(13,386)	(109,763)
Less: comprehensive loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions	0	(74,441)	0	(67,374)
Less: comprehensive income (loss) attributable to non-controlling interests	1,612	(31,312)	(10,144)	(31,312)
Comprehensive income (loss) attributable to Dutch Bros Inc.	$ 2,466	$ (11,077)	$ (3,242)	$ (11,077)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Unrealized gain on derivative securities, income tax expense	$ 244	$ 294

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders'/Members' Equity - USD ($) $ in Thousands		Total	Cumulative Effect, Period of Adoption, Adjustment	Class A common stock	Class B common stock	Class C common stock	Class D common stock	Members’ Equity		Common Stock Class A common stock	Common Stock Class B common stock	Common Stock Class C common stock	Common Stock Class D common stock	Additional Paid-in-Capital	Accumulated Other Comprehensive Income	Accumulated Deficit		Accumulated Deficit Cumulative Effect, Period of Adoption, Adjustment	[1]	Noncontrolling Interests		Noncontrolling Interests Cumulative Effect, Period of Adoption, Adjustment	[1]
Members' equity, beginning balance at Dec. 31, 2020		$ 77,487						$ 77,487
Beginning balance (in shares) at Dec. 31, 2020										0	0	0	0
Beginning balance at Dec. 31, 2020		77,487								$ 0	$ 0	$ 0	$ 0	$ 0		$ 0				$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions		(67,374)						67,374
Reclass of profits interest liability to equity		76,596						76,596
Member distributions		(213,308)						(213,308)
Equity-based compensation recognized prior to the Reorganization Transactions		78,579						78,579
Effect of the Reorganization Transactions and initial public offering on non-controlling interests								48,020	[1]					(195,936)						147,914
Effect of the Reorganization Transactions and initial public offering on non-controlling interest (in shares)	[1]									9,877,000	71,408,000	54,068,000	17,036,000
Effect of the Reorganization Transactions and initial public offering on non-controlling interests	[1]	0									$ 1	$ 1		(195,936)						147,914
Issuance of Class A common stock sold in initial public offering, net of offering costs (in shares)										24,211,000
Issuance of Class A common stock sold in initial public offering, net of offering costs		520,804												520,804
Purchase of OpCo Units in connection with the initial public offering (in shares)	[1]										(6,709,000)	(5,062,000)
Purchase of OpCo Units in connection with the initial public offering	[1]	(253,270)												(239,421)						(13,849)
Net income (loss)		(109,763)														(11,077)				(31,312)
Unrealized gain on derivative securities, effective portion, net of income tax expense															$ 0
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax (in shares)	[1]									344,000
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax	[1]	(11,333)												(3,258)						(8,075)
Impact of Tax Receivable Agreements		47,157												47,157
Effect of exchange of Dutch Bros OpCo Class A common units	[1]	0												289						(289)
Surrender and cancellation of Class C & D common stock (in shares)													(1,595,000)
Surrender and cancellation of Class C & D common stock		(34,394)												(34,394)
Members' equity, ending balance at Sep. 30, 2021		212,655						0	[1]					105,043		(11,077)				118,687
Ending balance (in shares) at Sep. 30, 2021	[1]									34,432,000	64,699,000	49,006,000	15,441,000
Ending balance at Sep. 30, 2021	[1]	212,655								$ 0	$ 1	$ 1	$ 0	105,043		(11,077)				118,687
Members' equity, beginning balance at Dec. 31, 2020		77,487						77,487
Beginning balance (in shares) at Dec. 31, 2020										0	0	0	0
Beginning balance at Dec. 31, 2020		77,487								$ 0	$ 0	$ 0	$ 0	0		0				0
Ending balance (in shares) at Dec. 31, 2021				34,433,000	64,699,000	49,006,000	15,441,000			34,433,000	64,699,000	49,006,000	15,441,000
Ending balance at Dec. 31, 2021		$ 213,729	$ 423							$ 0	$ 1	$ 1	$ 0	107,193	0	(12,679)	[1]	$ 122		119,213	[1]	$ 301
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Accounting Standards Update [Extensible Enumeration]		Accounting Standards Update 2016-02
Members' equity, beginning balance at Jun. 30, 2021		$ (124,554)						(124,554)
Beginning balance (in shares) at Jun. 30, 2021										0	0	0	0
Beginning balance at Jun. 30, 2021		(124,554)								$ 0	$ 0	$ 0	$ 0	0		0				0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions		(74,441)
Reclass of profits interest liability to equity		76,596						76,596
Member distributions		(4,200)						(4,200)
Effect of the Reorganization Transactions and initial public offering on non-controlling interests								48,020	[1]					(195,936)						147,914
Effect of the Reorganization Transactions and initial public offering on non-controlling interest (in shares)	[1]									9,877,000	71,408,000	54,068,000	17,036,000
Effect of the Reorganization Transactions and initial public offering on non-controlling interests	[1]	0									$ 1	$ 1		(195,936)						147,914
Issuance of Class A common stock sold in initial public offering, net of offering costs (in shares)										24,211,000
Issuance of Class A common stock sold in initial public offering, net of offering costs		520,804												520,804
Purchase of OpCo Units in connection with the initial public offering (in shares)	[1]										(6,709,000)	(5,062,000)
Purchase of OpCo Units in connection with the initial public offering	[1]	(253,270)												(239,421)						(13,849)
Net income (loss)		(116,830)														(11,077)				(31,312)
Unrealized gain on derivative securities, effective portion, net of income tax expense															0
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax (in shares)	[1]									344,000
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax	[1]	(11,333)												(3,258)						(8,075)
Impact of Tax Receivable Agreements		47,157												47,157
Effect of exchange of Dutch Bros OpCo Class A common units	[1]	0												289						(289)
Surrender and cancellation of Class C & D common stock (in shares)													(1,595,000)
Surrender and cancellation of Class C & D common stock		(34,394)												(34,394)
Members' equity, ending balance at Sep. 30, 2021		212,655						$ 0	[1]					105,043		(11,077)				118,687
Ending balance (in shares) at Sep. 30, 2021	[1]									34,432,000	64,699,000	49,006,000	15,441,000
Ending balance at Sep. 30, 2021	[1]	212,655								$ 0	$ 1	$ 1	$ 0	105,043		(11,077)				118,687
Beginning balance (in shares) at Dec. 31, 2021				34,433,000	64,699,000	49,006,000	15,441,000			34,433,000	64,699,000	49,006,000	15,441,000
Beginning balance at Dec. 31, 2021		213,729	$ 423							$ 0	$ 1	$ 1	$ 0	107,193	0	(12,679)	[1]	$ 122		119,213	[1]	$ 301
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions		0
Net income (loss)		(16,436)														(4,090)	[1]			(12,346)	[1]
Unrealized gain on derivative securities, effective portion, net of income tax expense		3,033												(17)	848					2,202	[1]
Equity-based compensation		30,995												10,083						20,912	[1]
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax (in shares)										128,000
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax		(3,900)												(1,145)						(2,755)	[1]
Impact of Tax Receivable Agreements		15,958												15,958
Effect of exchange of Dutch Bros OpCo Class A common units		0												9,408						(9,408)	[1]
Surrender and cancellation of Class C & D common stock (in shares)										(10,980,000)		(7,950,000)	(3,030,000)
Surrender and cancellation of Class C & D common stock		0								$ 1		$ (1)
Ending balance (in shares) at Sep. 30, 2022				45,541,000	64,699,000	41,056,000	12,411,000			45,541,000	64,699,000	41,056,000	12,411,000
Ending balance at Sep. 30, 2022		243,802								$ 1	$ 1	$ 0	$ 0	141,480	848	(16,647)	[1]			118,119	[1]
Beginning balance (in shares) at Jun. 30, 2022										39,558,000	64,699,000	45,386,000	14,062,000
Beginning balance at Jun. 30, 2022		222,317								$ 0	$ 1	$ 1	$ 0	126,538	145	(18,410)	[1]			114,042	[1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions		0
Net income (loss)		1,594														1,763	[1]			(169)	[1]
Unrealized gain on derivative securities, effective portion, net of income tax expense		2,467												(17)	703					1,781	[1]
Equity-based compensation		10,649												3,656						6,993	[1]
Issuance of Class A common stock pursuant to vesting of equity awards, net of stock withheld for tax (in shares)										3,000
Impact of Tax Receivable Agreements		6,775												6,775
Effect of exchange of Dutch Bros OpCo Class A common units		0												4,528						(4,528)	[1]
Surrender and cancellation of Class C & D common stock (in shares)										(5,980,000)		(4,330,000)	(1,651,000)
Surrender and cancellation of Class C & D common stock		0								$ 1		$ (1)
Ending balance (in shares) at Sep. 30, 2022				45,541,000	64,699,000	41,056,000	12,411,000			45,541,000	64,699,000	41,056,000	12,411,000
Ending balance at Sep. 30, 2022		$ 243,802								$ 1	$ 1	$ 0	$ 0	$ 141,480	$ 848	$ (16,647)	[1]			$ 118,119	[1]
[1]Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Statement of Cash Flows [Abstract]
Net loss	$ (16,436)	$ (109,763)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	31,531	17,727
Non-cash interest expense	509	213
(Gain) loss on disposal of assets	(265)	664
Loss on extinguishment of debt	0	1,286
Equity-based compensation	30,995	147,761
Deferred income taxes	(3,757)	(1,580)
Remeasurement loss on TRAs	1,910	0
Non-cash operating leases	7,299	0
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net	(3,771)	(182)
Inventories, net	(10,301)	(2,818)
Prepaid expenses and other current assets	(1,283)	(2,115)
Other long-term assets	1,161	14
Accounts payable	3,967	5,777
Accrued liabilities	2,208	6,352
Other current liabilities	(38)	3,527
Deferred revenue	5,860	5,424
Deferred rent	0	243
Other long-term liabilities	(21)	(226)
Operating lease liabilities	(6,800)	0
Net cash provided by operating activities	42,768	72,304
Cash flows from investing activities:
Purchases of property and equipment	(134,634)	(74,121)
Proceeds from disposal of fixed assets	1,274	2,727
Acquisition of shops from franchisees	(6,051)	(5,387)
Net cash used in investing activities	(139,411)	(76,781)
Cash flows from financing activities:
Proceeds from line of credit	122,705	35,000
Payments on line of credit	0	(15,000)
Payments on finance lease obligations	(3,144)
Payments on finance lease obligations		(1,877)
Proceeds from financing lease obligations	0	1,484
Proceeds from long-term debt	1,375	200,000
Payments on long-term debt	(1,333)	(227,543)
Payments of debt issuance costs	(2,749)	(2,406)
Proceeds from initial public offering, net of offering costs	0	524,858
Distributions paid to members	0	(213,308)
Payments to repurchase outstanding equity / member units	0	(287,664)
Payments of IPO issuance costs	(250)	(3,511)
Tax withholding payments upon vesting of equity awards	(3,900)	(11,333)
Net cash provided by (used in) financing activities	112,704	(1,300)
Net increase (decrease) in cash and cash equivalents	16,061	(5,777)
Cash and cash equivalents, beginning of period	18,506	31,640
Cash and cash equivalents, end of period	34,567	25,863
Supplemental disclosure of cash flow information
Cash paid for interest	10,134	5,567
Income taxes paid	1,138	676
Supplemental disclosure of noncash investing and financing activities
Additions of property with capital leases	0	25,317
Additions of property and equipment accrued as of end of period	8,864	2,194
Deferred offering costs accrued	0	543
Transfer between line of credit and term loan facility	$ 100,000	$ 0

Organization and Background

Organization and Background	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Background	NOTE 1 — Organization and Background Business Dutch Bros Inc. (the Company) is in the business of operating and franchising drive-thru coffee shops as well as the wholesale and distribution of coffee, coffee-related products and accessories. As of September 30, 2022, there were 641 shops in operation in 14 U.S. states, of which 370 were company-operated and 271 were franchised. Organization Dutch Bros Inc. was formed on June 4, 2021 as a Delaware corporation for the purpose of facilitating an IPO and other related transactions in order to carry on the business of Dutch Bros OpCo. The Company is the sole managing member of Dutch Bros OpCo and operates and controls all of the business and affairs of Dutch Bros OpCo. As a result, the Company consolidates the financial results of Dutch Bros OpCo and reports a non-controlling interest representing the economic interest in Dutch Bros OpCo held by the other members of Dutch Bros OpCo. The Company’s fiscal year end is December 31. As of September 30, 2022, the Company held 100.0% of the voting interest and 35.4% of the economic interest of Dutch Bros OpCo. The Continuing Members held none of the voting interest and the remaining 64.6% of the economic interest of Dutch Bros OpCo. Initial Public Offering On September 17, 2021, the Company completed its IPO of approximately 24.2 million shares of Class A common stock at a public offering price of $23.00 per share, which included approximately 3.2 million shares issued pursuant to the exercise in full of the underwriters’ option to purchase additional shares. The Company received proceeds of approximately $520.8 million, net of offering costs. The proceeds were used to purchase approximately 10.9 million newly-issued Dutch Bros OpCo Class A common units from Dutch Bros OpCo for approximately $234.4 million. The proceeds were also used to purchase approximately 11.7 million Dutch Bros OpCo Class A common units from the Continuing Members for approximately $253.3 million and approximately 1.6 million shares of Class D common stock from the Pre-IPO Blocker Holders for approximately $34.4 million. Reorganization Transactions In connection with the IPO, the Company completed the following Reorganization Transactions: • Amended and restated the Second Dutch Bros OpCo Agreement to, among other things, effect a recapitalization in which (i) the outstanding Common Units were converted into Dutch Bros OpCo Class A common units paired with an equal number of either Class B voting units or Class C voting units, and (ii) the outstanding Profits Interest (PI) Units were converted into Dutch Bros OpCo Class A common units. • Amended and restated the Company’s certificate of incorporation to, among other things, authorize four classes of common stock. • Acquired Dutch Bros OpCo Class A common units and Class C voting units indirectly held by the Pre-IPO Blocker Holders in exchange for shares of Class D common stock. • Contribution of Dutch Bros OpCo Class A common units, Class B voting units, and Class C voting units by Pre-IPO Dutch Bros OpCo Unitholders to the Company in exchange for Class A common stock, Class B common stock, and Class C common stock, respectively. • Designation of the Company as managing member of Dutch Bros OpCo.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	NOTE 2 — Basis of Presentation and Summary of Significant Accounting Policies Financial Statements Presentation The accompanying unaudited condensed consolidated financial statements as of September 30, 2022 and for the three and nine months ended September 30, 2022 and 2021 are prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the SEC) for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. Therefore, the unaudited financial statements should be read in conjunction with the audited consolidated financial statements contained in our Annual Report on Form 10-K filed with the SEC and on March 11, 2022. Immaterial Correction of Previously Issued Consolidated Financial Statements Subsequent to the issuance of the Company’s 2021 consolidated financial statements, management of the Company identified an error in application of Accounting Standards Codification (ASC) 710, Compensation-General , related to accrued sick leave pay. ASC 710-10-25-7 states that an employer is not required to accrue a liability for nonvesting accumulating rights to receive sick pay benefits. Historically, the Company accrued sick leave pay expense for each employee. As unused sick leave pay does not carry forward and is not paid out upon termination, the accrued liability should not have been recorded. The Company has evaluated the effects of the corrections detailed in the table below on the previously issued consolidated financial statements, individually and in the aggregate, in accordance with the guidance in ASC 250, Accounting Changes and Error Corrections. The Company has concluded such corrections to be immaterial to its previously issued consolidated financial statements. While management believes the effect of the error is immaterial to the Company’s previously issued consolidated financial statements as of December 31, 2021, and for the three and nine months ended September 30, 2021, the financial statement line items impacted by this error have been corrected. In addition, the immaterial error is being corrected prospectively in the Company’s subsequent quarterly and annual filings. The tables below reflect the sections of the Company’s condensed consolidated financial statements that were impacted by the error. Condensed Consolidated Balance Sheet: December 31, 2021 (in thousands) As Reported Adjustments As Corrected Current liabilities: Accrued liabilities $ 24,513 $ (3,543) $ 20,970 Total current liabilities 142,277 (3,543) 138,734 Total liabilities 343,514 (3,543) 339,971 Stockholders’ equity: Additional paid in capital 106,410 783 107,193 Accumulated deficit (12,914) 235 (12,679) Total stockholders’ equity attributable to Dutch Bros Inc. / members’ equity 93,498 1,018 94,516 Non-controlling interests 116,688 2,525 119,213 Total equity $ 210,186 $ 3,543 $ 213,729 Condensed Consolidated Statements of Operations: Three Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Costs and expenses Cost of sales $ 91,060 $ (281) $ 90,779 Selling, general and administrative 153,727 (27) 153,700 Total costs and expenses 244,787 (308) 244,479 Loss from operations (114,984) 308 (114,676) Loss before income taxes (118,418) 308 (118,110) Net loss $ (117,138) $ 308 $ (116,830) Less: Net loss attributable to non-controlling interests 1 (31,531) 219 (31,312) NET LOSS ATTRIBUTABLE TO DUTCH BROS INC. 1 $ (11,166) $ 89 $ (11,077) _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Nine Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Costs and expenses Cost of sales $ 239,869 $ (1,115) $ 238,754 Selling, general and administrative 223,595 (421) 223,174 Total costs and expenses 463,464 (1,536) 461,928 Loss from operations (105,668) 1,536 (104,132) Loss before income taxes (112,015) 1,536 (110,479) Net loss $ (111,299) $ 1,536 $ (109,763) Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions (68,602) 1,228 (67,374) Less: Net loss attributable to non-controlling interests 1 (31,531) 219 (31,312) NET LOSS ATTRIBUTABLE TO DUTCH BROS INC. 1 $ (11,166) $ 89 $ (11,077) _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Condensed Consolidated Statements of Stockholders’/Members’ Equity: Three Months Ended September 30, 2021 (in thousands) As Reported 1 Adjustments As Corrected Members' Equity Balance, June 30, 2021 $ (127,279) $ 2,725 $ (124,554) Effect of the Reorganization Transactions and initial public offering on non-controlling interests 50,745 (2,725) 48,020 Additional Paid-in-Capital Effect of the Reorganization Transactions and initial public offering on non-controlling interests (196,515) 579 (195,936) Purchase of OpCo Units in connection with the initial public offering (239,622) 201 (239,421) Effect of exchange of Dutch Bros OpCo Class A common units 285 4 289 Balance, September 30, 2021 104,259 784 105,043 Accumulated Deficit Net loss subsequent to the Reorganization Transactions (11,166) 89 (11,077) Balance, September 30, 2021 (11,166) 89 (11,077) Non-Controlling Interests Effect of the Reorganization Transactions and initial public offering on non-controlling interests 145,768 2,146 147,914 Purchase of OpCo Units in connection with the initial public offering (13,648) (201) (13,849) Net loss subsequent to the Reorganization Transactions (31,531) 219 (31,312) Effect of exchange of Dutch Bros OpCo Class A common units (285) (4) (289) Balance, September 30, 2021 116,527 2,160 118,687 Total Equity Balance, June 30, 2021 (127,279) 2,725 (124,554) Net loss subsequent to the Reorganization Transactions (42,697) 308 (42,389) Balance, September 30, 2021 209,622 3,033 212,655 _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Nine Months Ended September 30, 2021 (in thousands) As Reported 1 Adjustments As Corrected Members' Equity Balance, December 31, 2020 $ 75,990 $ 1,497 $ 77,487 Net loss prior to the Reorganization Transactions (68,602) 1,228 (67,374) Effect of the Reorganization Transactions and initial public offering on non-controlling interests 50,745 (2,725) 48,020 Additional Paid-in-Capital Effect of the Reorganization Transactions and initial public offering on non-controlling interests (196,515) 579 (195,936) Purchase of OpCo Units in connection with the initial public offering (239,622) 201 (239,421) Effect of exchange of Dutch Bros OpCo Class A common units 285 4 289 Balance, September 30, 2021 104,259 784 105,043 Accumulated Deficit Net loss subsequent to the Reorganization Transactions (11,166) 89 (11,077) Balance, September 30, 2021 (11,166) 89 (11,077) Non-Controlling Interests Effect of the Reorganization Transactions and initial public offering on non-controlling interests 145,768 2,146 147,914 Purchase of OpCo Units in connection with the initial public offering (13,648) (201) (13,849) Net loss subsequent to the Reorganization Transactions (31,531) 219 (31,312) Effect of exchange of Dutch Bros OpCo Class A common units (285) (4) (289) Balance, September 30, 2021 116,527 2,160 118,687 Total Equity Balance, December 31, 2020 75,990 1,497 77,487 Net loss prior to the Reorganization Transactions (68,602) 1,228 (67,374) Net loss subsequent to the Reorganization Transactions (42,697) 308 (42,389) Balance, September 30, 2021 209,622 3,033 212,655 _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Condensed Consolidated Statement of Cash Flows: Nine Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Cash flows from operating activities: Net loss $ (111,299) $ 1,536 $ (109,763) Changes in operating assets and liabilities, net of acquisitions: Accrued liabilities 7,888 (1,536) 6,352 Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries that it controls due to ownership of a majority voting interest or pursuant to accounting guidance for non-controlling interests. All intercompany transactions and balances have been eliminated in consolidation. Use of Estimates The presentation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions, primarily related to long-lived asset valuation, leases, deferred revenue, tax receivable agreements, income taxes, and equity-based compensation that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Although management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, actual results could differ from those estimates. Reclassifications The Company has reclassified certain amounts in prior-period financial statements to conform to the current period's presentation. • NOTE 5 — Inventories: components of inventory related to our Blue Rebel energy drink have been reclassified from finished goods to raw materials. Derivative Instruments The Company manages exposure to fluctuations in interest rates within its condensed consolidated financial statements according to a hedging policy. Under this policy, the Company may engage in interest rate swap agreements to hedge interest rate risk. A swap agreement is a contract between two parties to exchange cash flows based on specified underlying notional amounts, assets and/or indices. The Company does not enter into derivative instruments for speculative purposes. By using swap instruments, the Company is exposed to potential credit risk. Credit risk is the failure of the counterparty to perform under the terms of the derivative contract. The Company minimizes this credit risk by entering into transactions with carefully selected, credit-worthy counterparties. Cash Flow Hedges For derivative instruments that are designated and qualify as a cash flow hedge, the derivative's gain or loss is reported as a component of other comprehensive income (OCI) and recorded in accumulated other comprehensive income (AOCI) on our condensed consolidated balance sheets. The gain or loss is subsequently reclassified into net earnings when the hedged exposure affects net earnings, in the same line item as the underlying hedged item on the Company’s condensed consolidated statements of operations. Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge. Cash flows from hedging transactions are classified in the same categories as the cash flows from the respective hedged items. Refer to NOTE 11 — Derivative Financial Instruments for further discussion of the Company’s derivative instruments. Leases The Company adopted ASC Topic 842 (ASC 842), Leases , as amended, with an effective date of January 1, 2022. Details of the adoption and the Company’s accounting policies related to leases are provided in NOTE 8 — Leases. Revenue Recognition Consolidated revenues are recognized net of any discounts, returns, allowances and sales incentives in accordance with Accounting Standard Codification (ASC) Topic 606, Revenue from Contracts with Customers . Loyalty Programs In February 2021, the Company transitioned from a traditional loyalty program to a digital loyalty program. Under the previous program, a customer earned a “Stamp” for each purchase at a Dutch Bros coffee shop. After accumulating a certain number of Stamps, the customer earned a reward that may be redeemed for free product that, regardless of where the related Stamps were earned, would have been honored at company-operated shops and franchised shop locations. The Company deferred revenue associated with the estimated selling price of Stamps earned by customers towards free product as each Stamp was earned, and a corresponding contract liability was established. The estimated selling price of each Stamp earned was based on the estimated value of the product for which the reward was expected to be redeemed, net of Stamps not expected to be redeemed, based on historical redemption patterns. Stamps did not expire. As a result of the COVID-19 pandemic beginning in March 2020, the Company discontinued new Stamps. The Company continued to redeem previously earned Stamps through March 2021. In February 2021, the Company released the digital loyalty program (Dutch Rewards) in which the customer earns rewards through use of the Company’s mobile app that can be redeemed for free drinks. Points collected but not redeemed expire after six months, and earned rewards expire six months after issuance. The Company defers revenue as points are accumulated and rewards are earned under the Dutch Rewards program. Deferred Revenue Deferred revenue primarily consists of the unredeemed gift card liability and unredeemed points from our Dutch Rewards loyalty program, as discussed above. Deferred revenue also includes bean and beverage sales to distributors where the performance obligation has not yet been satisfied as control has not transferred to the customer. Vendor Incentives The Company has entered into food and beverage supply agreements with certain major vendors. Pursuant to the terms of these arrangements, rebates are provided to the Company from the vendors based upon the dollar value of purchases for company-operated shops and franchised shops. These incentives are recognized as earned throughout the year and are classified as a reduction of cost of sales in the accompanying condensed consolidated statements of operations. Vendor incentives recognized in cost of sales were as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Vendor incentives $ 13,808 $ 11,585 $ 32,700 $ 30,348 Advertising Expense Advertising costs are expensed as they are incurred. Most franchise shops contribute to an advertising fund that the Company manages on behalf of the shops. Under the Company’s standard franchise agreement, the contributions received must be spent on marketing, creative efforts, media support, or other related purposes specified in the agreement. The expenditures are primarily amounts paid to third parties but may also include personnel expenses and allocated costs. Advertising expense was as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Advertising expense $ 8,158 $ 7,602 $ 22,840 $ 19,948 Recently Issued Accounting Standards In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326) : Measurement of Credit Losses on Financial Instruments . ASU 2016-13, as amended, replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For accounts receivable and other financial instruments, the Company will be required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses which reflects losses that are probable. ASU 2016-13, as amended, is effective for fiscal years beginning after December 15, 2022. Application of the amendments is through a cumulative-effect adjustment to retained earnings as of the effective date. The Company is evaluating the impact of this standard on its condensed consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers Recently Adopted Accounting Standards In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842 ). The pronouncement requires lessees to recognize a liability for lease obligations, which represent the discounted obligation to make future lease payments, and a corresponding right-of-use asset on the balance sheet, as well as new disclosure requirements. The Company adopted Topic 842 effective January 1, 2022 using the modified transition approach. For additional information, refer to NOTE 8 — Leases.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	NOTE 3 — Revenue Recognition Revenue The following table disaggregates revenue by major component: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Company-operated shops $ 173,501 $ 108,661 $ 464,200 $ 289,548 Franchising 23,802 20,396 69,028 65,589 Other 1,345 746 3,957 2,659 Total revenues $ 198,648 $ 129,803 $ 537,185 $ 357,796 Deferred Revenue Deferred revenue activity related to the Company’s loyalty and gift card programs was as follows: Nine Months Ended September 30, (in thousands) 2022 2021 Balance, December 31 $ 22,765 $ 10,576 Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned 186,303 122,326 Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage (180,538) (116,967) Balance, September 30 28,530 15,935 Less: current portion (25,371) (13,681) Deferred revenue, net of current portion, gift card and loyalty programs $ 3,159 $ 2,254 Revenue recognized related to gift card redemptions that was included in deferred revenue as of the end of the previous years was $3.6 million and $3.5 million for the nine months ended September 30, 2022 and 2021, respectively. These amounts exclude cash loads and transactions for the Company’s loyalty rewards program. Deferred revenue also includes sales to distributors where the performance obligation has not been satisfied and control has not been transferred to the customer as of the reporting date, as well as initial unearned franchise fees from franchisees. These deferred revenues reported in the Company’s condensed consolidated balance sheets were as follows: (in thousands) September 30, 2022 December 31, 2021 Outstanding performance obligations $ 3,027 $ 2,512 Initial unearned franchise fees from franchisees 2,390 2,560 Total deferred revenue, excluding gift card and loyalty programs 5,417 5,072 Less: current portion (3,458) (2,964) Deferred revenue, net of current portion, excluding gift card and loyalty programs $ 1,959 $ 2,108 Revenue recognized from initial unearned franchise fees was as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Earned franchise fees $ 117 $ 198 $ 390 $ 514 Revenue recognized from earned franchise fees that was included in unearned revenue at the beginning of the year was $0.4 million and $0.5 million for the nine months ended September 30, 2022 and 2021, respectively. Future amortization of initial unearned franchise fees outstanding as of September 30, 2022 is as follows:: (in thousands) Remainder of 2022 $ 112 2023 419 2024 361 2025 307 2026 265 Thereafter 926 Total $ 2,390

Shop Acquisitions

Shop Acquisitions	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Shop Acquisitions	NOTE 4 — Shop Acquisitions During the nine months ended September 30, 2022, the Company repurchased the franchise rights and assets of five shops from one franchisee in California. The following table summarizes the allocations of the purchase prices to the estimated fair values of assets acquired and liabilities assumed. The fair values for the 2022 acquisitions are considered preliminary and subject to change within the measurement period (up to one year from the acquisition dates), as we have not obtained all of the detailed information to finalize the opening balance sheet related to the building and leasehold improvements purchased and franchise rights reacquired. (in thousands) September 30, 2022 Acquisition consideration: Purchase price consideration $ 6,051 Equipment and fixtures 197 Building and leasehold improvements 1,470 Inventories 67 Other assets 6 Operating lease right-of-use assets 2,327 Reacquired franchise rights 1,735 Other liabilities (88) Gift card liability (250) Operating lease obligations (2,327) Net assets acquired 3,137 Goodwill $ 2,914 Reacquired franchise rights acquired have weighted-average useful lives of 4.2 years at the time of purchase for the acquisitions made during the nine months ended September 30, 2022. The excess of the purchase price over the aggregate fair value of net assets acquired was allocated to goodwill and is attributable to the benefits expected as a result of the acquisitions, including sales and growth opportunities, and is expected to be fully deductible for tax purposes. Goodwill is allocated entirely to the Company-operated shops segment. The fair value measurement of tangible and intangible assets and liabilities as of the acquisition dates is based on significant inputs not observed in the market and thus represents a Level 3 fair value measurement. Fair value measurements for reacquired franchise rights were determined using the income approach. Fair value measurements for property and equipment were determined using the cost approach. The results of operations for the 2022 acquisitions are included in the Company’s condensed consolidated statements of operations beginning on the dates of acquisition. Revenues of approximately $6.7 million and net income of approximately $1.2 million are included in the Company’s condensed consolidated statements of operations for the nine months ended September 30, 2022. The following table reflects the unaudited pro forma results of the Company and the five shops purchased in 2022 as if the acquisitions had taken place as of January 1, 2021: Nine Months Ended September 30, (in thousands; unaudited) 2022 2021 Revenue $ 539,136 $ 366,564 Net loss $ (16,058) $ (108,218)

Inventories

Inventories	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Inventories	NOTE 5 — Inventories Inventories, net consist of the following: (in thousands) September 30, 2022 December 31, 2021 Raw materials $ 16,070 $ 8,453 Finished goods 17,643 14,892 Total inventories $ 33,713 $ 23,345

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	NOTE 6 — Property and Equipment Property and equipment, net consists of the following: (in thousands) Useful Life (Years) September 30, 2022 December 31, 2021 Software 3 $ 7,430 $ 7,132 Equipment and fixtures 3 — 7 85,232 57,952 Leasehold improvements 5 — 15 26,996 20,744 Buildings 10 — 20 134,640 168,395 Land N/A 4,211 5,242 Aircraft 1 N/A 9,195 9,531 Construction-in-progress 2 N/A 124,185 88,050 Property and equipment, gross 391,889 357,046 Less: accumulated depreciation (64,289) (55,048) Property and equipment, net $ 327,600 $ 301,998 _______________ 1 Aircraft is depreciated under the consumption method. 2 Construction-in-progress primarily consists of construction and equipment costs for new and existing shops. Depreciation expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Cost of sales $ 6,932 $ 5,048 $ 18,486 $ 13,186 Selling, general and administrative expenses 702 700 2,114 1,962 Total depreciation expense $ 7,634 $ 5,748 $ 20,600 $ 15,148 No impairment charges were recognized for the nine months ended September 30, 2022 and 2021.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	NOTE 7 — Intangible Assets and Goodwill Intangible Assets The details of the intangible assets are as follows: (in thousands) Weighted-average amortization period (in years) September 30, 2022 December 31, 2021 Reacquired franchise rights 3.6 $ 27,049 $ 25,314 Less: accumulated amortization (17,223) (14,211) Intangibles, net $ 9,826 $ 11,103 Amortization expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Cost of sales $ 1,055 $ 948 $ 3,012 $ 2,579 The estimated future amortization expense of the reacquired franchise rights as of September 30, 2022 is as follows: (in thousands) Remainder of 2022 $ 1,022 2023 3,389 2024 2,469 2025 1,435 2026 681 Thereafter 830 Total $ 9,826 Goodwill Goodwill is allocated entirely to the Company-operated shops segment. The carrying amount and activity of goodwill was as follows: (in thousands) Balance, December 31, 2021 $ 18,715 Business combinations 2,914 Balance, September 30, 2022 $ 21,629 No impairment charges were recognized for the nine months ended September 30, 2022 and 2021.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	NOTE 8 — Leases Adoption of ASC 842 The Company adopted ASC 842, as amended, using the modified retrospective transition method with an effective date of January 1, 2022. The modified retrospective approach permits a company to use its effective date as the date of initial application to apply the standard to its leases, and, therefore, not restate comparative prior period financial information. As such, results for reporting periods beginning on or after January 1, 2022 are presented under ASC 842. Prior period amounts were not revised and continue to be reported in accordance with ASC Topic 840 (ASC 840). Further, disclosures required under the new standard will not be provided for dates and periods prior to January 1, 2022. The adoption of the lease standard resulted in a cumulative adjustment to opening equity of $0.4 million, as provided in the table below. Subsequent to the Company’s January 1, 2022 adoption of the lease standard, the Company continued to review relevant lease contract elements and improve business processes, which resulted in adjustments to the Company’s adoption entries and presentation. The impacts of the adjustments were recorded in the nine months ended September 30, 2022, and are presented in the table below and in the condensed consolidated financial statements. Upon adoption, the Company recognized operating lease liabilities of $152.8 million based on the present value of the remaining lease payments for existing operating leases, and right-of-use assets of $150.7 million, net of reductions for the impacts of deferred rents. As part of the transition, the Company derecognized all landlord funded lease incentives and deemed landlord financing liabilities, including capital assets related to previous sale and leaseback transactions which were remeasured under ASC 842. The standard provides several optional practical expedients in transition. The Company elected the package of practical expedients, which permits it to not reassess, under the new standard, the Company's prior conclusions about lease identification, lease classification and initial direct costs. As such, the Company applied the modified retrospective transition method as of the adoption date to those lease contracts for which it had taken possession of the property as of January 1, 2022. The Company also elected the practical expedient pertaining to land easements and did not elect the practical expedient related to use-of-hindsight. The new standard also provides practical expedients for an entity’s ongoing accounting. The Company elected the short-term lease recognition exemption and also the practical expedient to not separate lease and non-lease components for all its leases. Upon transition, the Company recorded the following increases (decreases) to the respective line items on its condensed consolidated balance sheet: (in thousands) Adjustments as of January 1, 2022 (As Reported) Subsequent Adjustments Cumulative Adjustments as of September 30, 2022 Property and equipment, net $ (79,821) $ (6,171) $ (85,992) Finance lease right-of-use assets 111,826 3,745 115,571 Operating lease right-of-use assets 150,689 — 150,689 Deferred rent (3,153) — (3,153) Current portion of finance lease obligations 607 — 607 Current portion of operating lease obligations 8,430 — 8,430 Current portion of long-term debt (46) — (46) Finance lease obligations, net of current portion 32,534 — 32,534 Operating lease obligations, net of 144,405 — 144,405 Long-term debt, net of current portion (1,426) (1,506) (2,932) Accumulated deficit 386 (264) 122 Non-controlling interests 957 (656) 301 Nature of Leases The Company leases all of its domestic company-operated shops, warehouse facilities, headquarters buildings, and certain equipment under various non-cancelable lease agreements that expire on various dates through 2041. The Company evaluates contracts entered into to determine whether the contract involves the use of property or equipment, which is either explicitly or implicitly identified in the contract. The Company evaluates whether it controls the use of the asset, which is determined by assessing whether it obtains substantially all economic benefits from the use of the asset, and whether the Company has the right to direct the use of the asset. If these criteria are met, a lease has been identified and has a term greater than one year, the Company accounts for the contract under the requirements of ASC 842. Lease commencement is determined when the Company takes possession of a leased asset, at which time the Company also determines the lease classification as an operating or finance lease. The Company’s real estate leases consist of commercial ground leases (land only) and build-to-suit leases (land and building). The real estate leases are a combination of both operating and finance leases, depending on evaluation of the lease terms. Generally, the Company’s real estate leases have an initial term of 15 years and typically include two to three renewal options of five-years each. These renewal options are included in the lease term when it is reasonably certain that the option will be exercised. For commercial ground leases, one five-year renewal is included in the Company’s initial lease term calculations. The Company’s real estate leases typically provide for fixed minimum rent payments. For operating leases, the Company recognizes lease expense on a straight-line basis over the lease term from the date the Company takes possession of the leased property. Lease expense incurred before a lease commences is included in the calculation of the right-of-use asset. Once a lease commences, the Company records lease expense in cost of sales on the Company’s condensed consolidated statements of operations. Variable lease costs generally include payments for additional rent such as real estate taxes, insurance, and common area maintenance, and are excluded from the measurement of the lease liability. Variable lease costs are included in cost of sales on the condensed consolidated statements of operations. The Company calculates right-of-use assets and lease liabilities based on the present value of the fixed lease payments, including any estimated lease incentives, at lease commencement using its incremental borrowing rate, applied on a portfolio basis. As the rate implicit in the Company’s leases cannot be readily determined, the discount rate used to measure the lease liability is equal to the rate the Company would pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. The Company expends cash for leasehold improvements to build out and equip its leased premises. For certain leases, a portion of the leasehold improvements and building costs are reimbursed by landlords as landlord incentives pursuant to agreed-upon terms in the Company’s lease agreements. Landlord incentives, if obtained, are received in cash after the Company takes possession of the property, and as the Company meets required milestones during the construction of the property. The Company includes these amounts in the measurement of the initial right-of-use asset and lease liability. A summary of finance and operating lease right-of-use assets and lease liabilities as of September 30, 2022 is as follows: (in thousands) Balance Sheet Classification September 30, 2022 Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 214,903 Operating leases Operating lease right-of-use assets, net 165,682 Total right-of-use assets $ 380,585 Lease liabilities Finance leases Current portion of finance lease obligations $ 7,004 Finance lease obligations, net of current portion 209,257 Operating leases Current portion of operating lease obligations 9,462 Operating lease obligations, net of current portion 157,319 Total lease liabilities $ 383,042 The components of lease cost were as follows for the periods presented: (in thousands) Statement of Operations Classification Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 3,121 $ 7,919 Interest on lease liabilities Interest expense 2,482 6,261 Total finance lease cost 5,603 14,180 Operating lease cost Cost of sales 4,228 12,109 Variable lease cost Cost of sales 566 1,625 Total lease cost $ 10,397 $ 27,914 Future minimum lease payments for finance and operating lease liabilities as of September 30, 2022 were as follows: (in thousands) Finance Operating Remainder of 2022 $ 4,882 $ 4,363 2023 17,527 15,601 2024 18,185 15,291 2025 18,417 15,009 2026 18,741 14,868 Thereafter 246,068 161,592 Total $ 323,820 $ 226,724 Less: imputed interest (107,559) (59,943) Present value of minimum lease payments 216,261 166,781 Less: current portion (7,004) (9,462) Lease liabilities, net of current portion $ 209,257 $ 157,319 Future minimum lease payments under noncancellable operating leases and capital lease liabilities as of December 31, 2021 were as follows: (in thousands) Capital Operating 2022 $ 8,824 $ 12,398 2023 8,672 12,002 2024 8,743 11,699 2025 8,926 11,420 2026 9,229 11,297 Thereafter 85,985 125,774 Total $ 130,379 $ 184,590 Less: imputed interest (47,402) Present value of minimum lease payments 82,977 Less: current portion (3,389) Lease liabilities, net of current portion $ 79,588 A summary of lease terms and discount rates for finance and operating leases as of September 30, 2022 is as follows: September 30, 2022 Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 15.1 Weighted-average discount rate (percentages) Finance leases 5.2% Operating leases 4.1% Supplemental cash flow information related to leases as of September 30, 2022 is as follows for the period presented: (in thousands; unaudited) Nine Months Ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ 6,261 Operating cash flows from operating leases 11,611 Financing cash flows from finance leases 3,144 Right-of-use assets obtained in exchange for lease obligations 1 Finance leases 135,987 Operating leases 171,437 _________________
Leases	NOTE 8 — Leases Adoption of ASC 842 The Company adopted ASC 842, as amended, using the modified retrospective transition method with an effective date of January 1, 2022. The modified retrospective approach permits a company to use its effective date as the date of initial application to apply the standard to its leases, and, therefore, not restate comparative prior period financial information. As such, results for reporting periods beginning on or after January 1, 2022 are presented under ASC 842. Prior period amounts were not revised and continue to be reported in accordance with ASC Topic 840 (ASC 840). Further, disclosures required under the new standard will not be provided for dates and periods prior to January 1, 2022. The adoption of the lease standard resulted in a cumulative adjustment to opening equity of $0.4 million, as provided in the table below. Subsequent to the Company’s January 1, 2022 adoption of the lease standard, the Company continued to review relevant lease contract elements and improve business processes, which resulted in adjustments to the Company’s adoption entries and presentation. The impacts of the adjustments were recorded in the nine months ended September 30, 2022, and are presented in the table below and in the condensed consolidated financial statements. Upon adoption, the Company recognized operating lease liabilities of $152.8 million based on the present value of the remaining lease payments for existing operating leases, and right-of-use assets of $150.7 million, net of reductions for the impacts of deferred rents. As part of the transition, the Company derecognized all landlord funded lease incentives and deemed landlord financing liabilities, including capital assets related to previous sale and leaseback transactions which were remeasured under ASC 842. The standard provides several optional practical expedients in transition. The Company elected the package of practical expedients, which permits it to not reassess, under the new standard, the Company's prior conclusions about lease identification, lease classification and initial direct costs. As such, the Company applied the modified retrospective transition method as of the adoption date to those lease contracts for which it had taken possession of the property as of January 1, 2022. The Company also elected the practical expedient pertaining to land easements and did not elect the practical expedient related to use-of-hindsight. The new standard also provides practical expedients for an entity’s ongoing accounting. The Company elected the short-term lease recognition exemption and also the practical expedient to not separate lease and non-lease components for all its leases. Upon transition, the Company recorded the following increases (decreases) to the respective line items on its condensed consolidated balance sheet: (in thousands) Adjustments as of January 1, 2022 (As Reported) Subsequent Adjustments Cumulative Adjustments as of September 30, 2022 Property and equipment, net $ (79,821) $ (6,171) $ (85,992) Finance lease right-of-use assets 111,826 3,745 115,571 Operating lease right-of-use assets 150,689 — 150,689 Deferred rent (3,153) — (3,153) Current portion of finance lease obligations 607 — 607 Current portion of operating lease obligations 8,430 — 8,430 Current portion of long-term debt (46) — (46) Finance lease obligations, net of current portion 32,534 — 32,534 Operating lease obligations, net of 144,405 — 144,405 Long-term debt, net of current portion (1,426) (1,506) (2,932) Accumulated deficit 386 (264) 122 Non-controlling interests 957 (656) 301 Nature of Leases The Company leases all of its domestic company-operated shops, warehouse facilities, headquarters buildings, and certain equipment under various non-cancelable lease agreements that expire on various dates through 2041. The Company evaluates contracts entered into to determine whether the contract involves the use of property or equipment, which is either explicitly or implicitly identified in the contract. The Company evaluates whether it controls the use of the asset, which is determined by assessing whether it obtains substantially all economic benefits from the use of the asset, and whether the Company has the right to direct the use of the asset. If these criteria are met, a lease has been identified and has a term greater than one year, the Company accounts for the contract under the requirements of ASC 842. Lease commencement is determined when the Company takes possession of a leased asset, at which time the Company also determines the lease classification as an operating or finance lease. The Company’s real estate leases consist of commercial ground leases (land only) and build-to-suit leases (land and building). The real estate leases are a combination of both operating and finance leases, depending on evaluation of the lease terms. Generally, the Company’s real estate leases have an initial term of 15 years and typically include two to three renewal options of five-years each. These renewal options are included in the lease term when it is reasonably certain that the option will be exercised. For commercial ground leases, one five-year renewal is included in the Company’s initial lease term calculations. The Company’s real estate leases typically provide for fixed minimum rent payments. For operating leases, the Company recognizes lease expense on a straight-line basis over the lease term from the date the Company takes possession of the leased property. Lease expense incurred before a lease commences is included in the calculation of the right-of-use asset. Once a lease commences, the Company records lease expense in cost of sales on the Company’s condensed consolidated statements of operations. Variable lease costs generally include payments for additional rent such as real estate taxes, insurance, and common area maintenance, and are excluded from the measurement of the lease liability. Variable lease costs are included in cost of sales on the condensed consolidated statements of operations. The Company calculates right-of-use assets and lease liabilities based on the present value of the fixed lease payments, including any estimated lease incentives, at lease commencement using its incremental borrowing rate, applied on a portfolio basis. As the rate implicit in the Company’s leases cannot be readily determined, the discount rate used to measure the lease liability is equal to the rate the Company would pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms. The Company expends cash for leasehold improvements to build out and equip its leased premises. For certain leases, a portion of the leasehold improvements and building costs are reimbursed by landlords as landlord incentives pursuant to agreed-upon terms in the Company’s lease agreements. Landlord incentives, if obtained, are received in cash after the Company takes possession of the property, and as the Company meets required milestones during the construction of the property. The Company includes these amounts in the measurement of the initial right-of-use asset and lease liability. A summary of finance and operating lease right-of-use assets and lease liabilities as of September 30, 2022 is as follows: (in thousands) Balance Sheet Classification September 30, 2022 Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 214,903 Operating leases Operating lease right-of-use assets, net 165,682 Total right-of-use assets $ 380,585 Lease liabilities Finance leases Current portion of finance lease obligations $ 7,004 Finance lease obligations, net of current portion 209,257 Operating leases Current portion of operating lease obligations 9,462 Operating lease obligations, net of current portion 157,319 Total lease liabilities $ 383,042 The components of lease cost were as follows for the periods presented: (in thousands) Statement of Operations Classification Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 3,121 $ 7,919 Interest on lease liabilities Interest expense 2,482 6,261 Total finance lease cost 5,603 14,180 Operating lease cost Cost of sales 4,228 12,109 Variable lease cost Cost of sales 566 1,625 Total lease cost $ 10,397 $ 27,914 Future minimum lease payments for finance and operating lease liabilities as of September 30, 2022 were as follows: (in thousands) Finance Operating Remainder of 2022 $ 4,882 $ 4,363 2023 17,527 15,601 2024 18,185 15,291 2025 18,417 15,009 2026 18,741 14,868 Thereafter 246,068 161,592 Total $ 323,820 $ 226,724 Less: imputed interest (107,559) (59,943) Present value of minimum lease payments 216,261 166,781 Less: current portion (7,004) (9,462) Lease liabilities, net of current portion $ 209,257 $ 157,319 Future minimum lease payments under noncancellable operating leases and capital lease liabilities as of December 31, 2021 were as follows: (in thousands) Capital Operating 2022 $ 8,824 $ 12,398 2023 8,672 12,002 2024 8,743 11,699 2025 8,926 11,420 2026 9,229 11,297 Thereafter 85,985 125,774 Total $ 130,379 $ 184,590 Less: imputed interest (47,402) Present value of minimum lease payments 82,977 Less: current portion (3,389) Lease liabilities, net of current portion $ 79,588 A summary of lease terms and discount rates for finance and operating leases as of September 30, 2022 is as follows: September 30, 2022 Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 15.1 Weighted-average discount rate (percentages) Finance leases 5.2% Operating leases 4.1% Supplemental cash flow information related to leases as of September 30, 2022 is as follows for the period presented: (in thousands; unaudited) Nine Months Ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ 6,261 Operating cash flows from operating leases 11,611 Financing cash flows from finance leases 3,144 Right-of-use assets obtained in exchange for lease obligations 1 Finance leases 135,987 Operating leases 171,437 _________________

Debt

Debt	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Debt	NOTE 9 — Debt Credit Facility On February 28, 2022 (the Effective Date) the Company amended its credit facility entered into on May 12, 2021 with JPMorgan Chase, N.A. (the Senior Secured Credit Facility). The amended facility (the 2022 Credit Facility) has a total capacity of $500 million, consisting of a $250 million revolving credit facility, a delayed draw term loan facility of up to $150 million, and a term loan facility of up to $100 million. The revolving credit facility includes sub-limits for issuance of letters of credit and swing line loans of up to $50 million and $15 million, respectively. It also contains an option allowing the Company to increase the size of the 2022 Credit Facility by up to an additional $150 million, with the agreement of the committing lenders. The 2022 Credit Facility expires five years after the Effective Date. Upon entering into the 2022 Credit Facility, in February 2022, the Company drew the full $100 million term loan facility and approximately $28 million in revolving loans, and the existing credit facility was repaid and terminated. Interest on borrowings under the 2022 Credit Facility is based on (a) the Alternate Base Rate plus an applicable margin, or (b) the Adjusted Term SOFR Rate plus an applicable margin, and is payable in accordance with the selected interest rate period (at least quarterly) and upon maturity. Principal payments for the term loans are required on a quarterly basis in accordance with an amortization schedule and upon certain disposition of assets. The Company is required to pay a commitment fee on a quarterly basis, at a per annum rate of between 0.20% and 0.45% (depending on the Company’s maximum net lease-adjusted total leverage ratio) based on the (i) average daily unused portion of the revolving credit facility, and (ii) the daily undrawn amount of the delayed draw term loan facility. The 2022 Credit Facility contains financial covenants that require the Company to not exceed a maximum net lease-adjusted total leverage ratio and maintain a minimum fixed charge coverage ratio. The 2022 Credit Facility also contains certain negative covenants that, among other things, limit the Company’s ability to incur additional debt, grant liens on assets, merge with or acquire other companies, make other investments, dispose of assets, and enter into sale and leaseback transactions and swap agreements. Obligations under the 2022 Credit Facility are guaranteed by Dutch Bros OpCo and its subsidiaries, and secured by a first priority perfected security interest in substantially all of the assets of the guarantors. Long-Term Debt The Company’s long-term debt consisted of the following for the periods presented: (in thousands) September 30, 2022 December 31, 2021 Terms loan under credit facility $ 98,750 $ — Finance obligation 1 1,377 2,978 Unsecured note payable 551 628 Total debt 100,678 3,606 Less: loan origination fees (1,191) — Less: current portion (2,608) (103) Total long-term debt, net of current portion $ 96,879 $ 3,503 _______________ 1 Effective January 1, 2022, with our adoption of ASC 842 ( Leases ), the 2021 failed sale-leaseback transactions were remeasured and included in our lease obligations. Subsequently we entered into a failed sale-leaseback arrangement under ASC 842 during the six months ended June 30, 2022. Future annual maturities of long-term debt as of September 30, 2022 are as follows: (in thousands) Remainder of 2022 $ 666 2023 2,667 2024 4,549 2025 7,056 2026 13,313 Thereafter 72,427 Total $ 100,678

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 10 — Fair Value Measurements The Company’s condensed consolidated financial statements include cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and other current liabilities, for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of the Company’s variable-rate term loan and revolving loans approximate their carrying amounts; these debt instruments are designated as Level 2 within the fair value hierarchy, as the Company’s cost of borrowing is variable and approximates current market rates. The Company has an interest rate swap, which is required to be measured at fair value on a recurring basis. Designated as a Level 2 instrument within the fair value hierarchy, the interest rate swap as of September 30, 2022 had a fair value of $3.3 million, and is recorded as an asset on the Company’s condensed consolidated balance sheet. The fair value of the Company’s interest rate swap was determined based on the present value of expected future cash flows considering the risks involved, including nonperformance risk, and using discount rates appropriate for the duration based on observable inputs.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 11 — Derivative Financial Instruments From time to time, the Company may enter into interest rate swaps to fix a portion of interest expense. The Company does not enter into derivative instruments for any other purpose other than to manage its risks related to fluctuations in interest rates, and does not engage in interest rate speculation using derivative instruments. As of September 30, 2022, the Company had a $70 million receive-variable, pay-fixed interest rate swap outstanding with JPMorgan Chase Bank, N.A. This interest rate swap matures on February 28, 2027 and has a fixed rate of 2.67% per annum. The variable rate on the interest rate swap is the one-month adjusted term SOFR rate plus an applicable margin. As of September 30, 2022, the one-month adjusted term SOFR rate was 3.03%. The Company typically designates all interest rate swaps as cash flow hedges, and accordingly, records the change in fair value for the effective portion of the interest rate swap in AOCI rather than in current period earnings until the underlying hedged transaction affects earnings. As of September 30, 2022, the Company expects to reclassify a gain of approximately $1.0 million from AOCI to earnings within the next twelve months. The fair value of the Company’s derivative instrument was included in the condensed consolidated balance sheet as follows: (in thousands) Balance Sheet Classification September 30, 2022 December 31, 2021 Derivative instrument designated as cash flow hedge: Interest rate swap contract Prepaid expenses and other current assets $ 1,030 $ — Other long-term assets 2,297 — Total derivative instrument designated as cash flow hedge $ 3,327 $ — The effect of its derivative instrument on the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) Statement of Operations Classification 2022 2021 2022 2021 Derivative instrument designated as cash flow hedge: Income recognized in other comprehensive income before reclassifications $ 2,651 $ — $ 2,935 $ — Reclassification from accumulated other comprehensive income to earnings for the effective portion Interest expense, net 77 — 409 — Income tax expense Income tax expense (244) — (294) — For additional information related to the Company’s derivative, see NOTE 2 — Basis of Presentation and Summary of Significant Accounting Policies and NOTE 10 — Fair Value Measurements.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 12 — Income Taxes Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Income tax benefit $ (3,371) $ (1,280) $ (2,700) $ (716) Effective tax rate N/M 1.1 % 14.1 % 0.6 % Three and Nine Months Ended September 30, 2022 v 2021 The increase in tax benefit was primarily driven by adjustments to the outside basis differences as a result of the 2021 tax filings. The Secondary Offerings also resulted in the Company recording additional liability of $114.7 million related to the TRAs. As of September 30, 2022, the Company had a liability of approximat ely $226.3 million re lated to its projected obligations under the TRAs in connection with the Secondary Offerings and 2021 reorganization and exchange transactions. TRAs-related liabilities are classified as current or non-current based on the expected date of payment and are included in the Company’s condensed consolidated balance sheets under the captions “Current portion of tax receivable agreements liability” and “Tax receivable agreements liability, net of current portion,” respectively. For additional information, refer to NOTE 1 — Organization and Background.

Equity and Equity-Based Compens

Equity and Equity-Based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Equity and Equity-Based Compensation	NOTE 13 — Equity and Equity-Based Compensation Equity Awards As of September 30, 2022, the Company had equity-based compensation awards outstanding consisting of RSAs and RSUs. Unless indicated otherwise, the equity-based compensation awards described below are subject to time-based service requirements. The service vesting condition is currently a period of three years. For awards granted prior to 2022, vesting occurs in equal one-third installments on each anniversary of the vesting commencement date, subject to grantee’s continued service to the Company through each vesting date. Beginning with awards granted in 2022, vesting may occur as either (i) 50% each of the total award on the second and third anniversaries of the vesting commencement date, or (ii) 100% cliff vesting of the total award on the third anniversary of the vesting commencement date, subject to grantee’s continued service to the Company through the applicable vesting date(s). During the nine months ended September 30, 2022, the total weighted-average grant date fair value of RSAs and RSUs vested was approximately $30.7 million and $8.8 million, respectively. Restricted Stock Awards Activity for the Company’s RSAs was as follows: (in thousands, except per share amounts) Restricted Stock Awards Weighted-average grant date fair value per share Balance, December 31, 2021 4,000 $ 23.00 Vested (1,333) 23.00 Balance, September 30, 2022 2,667 $ 23.00 Restricted Stock Units Activity for the Company’s RSUs was as follows: (in thousands, except per share amounts) Restricted Stock Units Weighted-average grant date fair value per share Balance, December 31, 2021 596 $ 43.55 New grants 164 47.85 Vested (203) 43.50 Forfeitures (2) 49.37 Balance, September 30, 2022 555 $ 44.82 Equity-Based Compensation Equity-based compensation expense is recognized on a straight-line basis and is included in the Company’s condensed consolidated statements of operations as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Selling, general and administrative expenses $ 10,649 $ 124,779 $ 30,995 $ 147,761 As of September 30, 2022, total unrecognized stock-based compensation related to unvested stock awards was $56.1 million, which will be recognized as follows: (in thousands) Remainder of 2022 $ 10,611 2023 41,911 2024 3,133 2025 437 Total unrecognized stock-based compensation expense $ 56,092

Non-Controlling Interests

Non-Controlling Interests	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Non-Controlling Interests	NOTE 14 — Non-Controlling Interests The Company is the sole managing member of Dutch Bros OpCo, and, as a result, consolidates the financial results of Dutch Bros OpCo. The Company reports a non-controlling interest representing the economic interest in the Dutch Bros OpCo held by the other members of Dutch Bros OpCo. The Dutch Bros OpCo Agreement provides that holders of Dutch Bros OpCo Class A common units may, from time to time, require Dutch Bros OpCo to redeem all or a portion of its Dutch Bros OpCo Class A common units for newly-issued shares of Class A common stock on a one-for-one basis. In connection with any redemption or exchange, the Company will receive a corresponding number of Dutch Bros OpCo Class A common units, increasing the Company’s total ownership in Dutch Bros OpCo. Changes in the Company’s ownership in Dutch Bros OpCo, while the Company retains its controlling interest in Dutch Bros OpCo, will be accounted for as equity transactions. As such, future redemptions or direct exchanges of Dutch Bros OpCo Class A common units in Dutch Bros OpCo by the other members of Dutch Bros OpCo will result in a change in ownership and reduce the amount recorded as non-controlling interest and increase additional paid-in-capital. The following table summarizes the ownership interest in Dutch Bros OpCo: September 30, 2022 (in thousands) OpCo Units Ownership % Dutch Bros OpCo Class A common units held by Dutch Bros Inc. 1 57,953 35.4 % Dutch Bros OpCo Class A common units held by non-controlling interest holders 105,756 64.6 % Total Dutch Bros OpCo Class A common units outstanding 163,708 100.0 % _________________ 1 Includes approximately 2.7 million Dutch Bros OpCo Class A common units related to unvested restricted stock awards held by former Profits Interest Units holders. These Dutch Bros OpCo Class A common units are excluded from non-controlling interest calculations. The following table summarizes the effect of changes in ownership of Dutch Bros OpCo on the Company’s equity for the periods presented: (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Net income (loss) attributable to Dutch Bros Inc. $ 1,763 $ (11,077) $ (4,090) $ (11,077) Other comprehensive income: Unrealized gain on derivative securities, effective portion, net of income tax expense 703 — 848 — Transfers from (to) non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — (195,936) — (195,936) Decrease in accumulated deficit as a result of the adoption of ASC 842 — — 122 — Increase in additional paid-in capital as a result of equity-based compensation 3,656 9,802 10,083 9,802 Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax — (3,258) (1,145) (3,258) Increase (decrease) in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units 4,528 (239,132) 9,408 (239,132) Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc. $ 10,650 $ (439,601) $ 15,226 $ (439,601) The weighted-average ownership percentage for the applicable reporting period is used to attribute net income (loss) to Dutch Bros Inc. and the non-controlling interest holders. The non-controlling interest holders’ weighted-average ownership percentage were as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted-average ownership percentage 67.0 % * 68.5 % * * The non-controlling interest holders’ weighted-average ownership percentage for the period from the September 14, 2021 Reorganization date to September 30, 2021 was 71.3%.

Income (Loss) Per Share

Income (Loss) Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Income (Loss) Per Share	NOTE 15 — Income (Loss) Per Share Basic net income (loss) per share of Class A and Class D common stock is computed by dividing net income (loss) attributable to Dutch Bros Inc. by the weighted-average number of shares of Class A and Class D common stock outstanding during the period. Diluted income (loss) per share of Class A and Class D common stock is computed by dividing loss attributable to the Company, adjusted for the assumed exchange of all potentially dilutive instruments for Class A common stock, by the weighted-average number of shares of Class A and Class D common stock outstanding, adjusted to give effect to potentially dilutive elements. Share counts used in the diluted income (loss) per share calculations are adjusted for the deemed repurchases provided for in the treasury stock method for restricted stock awards and restricted stock units, and under the if-converted method for the outstanding convertible Class B and Class C common stock. The following tables set forth the numerators and denominators used to compute basic and diluted income (loss) per share of Class A and Class D common stock for the periods presented. The basic and diluted loss per share for the three and nine months ended September 30, 2021 reflects only the period from September 14, 2021 to September 30, 2021, which represents the period from the date of the Reorganization Transactions during which the Company had outstanding Class A and Class D common stock. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Numerator: Net income (loss) $ 1,594 $ (116,830) $ (16,436) $ (109,763) Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions — (74,441) — (67,374) Less: net loss attributable to non-controlling interests (169) (31,312) (12,346) (31,312) Net income (loss) attributable to Dutch Bros Inc. $ 1,763 (11,077) $ (4,090) (11,077) Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Basic net income (loss) per share attributable to common stockholders Numerator: Net income (loss) attributable to Dutch Bros Inc. $ 1,763 $ (11,077) $ (4,090) $ (11,077) Denominator: Weighted-average number of shares of Class A and Class D common stock outstanding - basic 53,118 45,807 50,719 45,807 Basic net income (loss) per share attributable to common stockholders $ 0.03 (0.24) $ (0.08) $ (0.24) Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Diluted net income (loss) per share attributable to common stockholders Numerator: Undistributed income (loss) for basic computation $ 1,763 $ (11,077) $ (4,090) $ (11,077) Decrease in net income attributable to common stockholders upon conversion of potentially dilutive instruments (1) — — — Allocation of undistributed income (loss) $ 1,762 $ (11,077) $ (4,090) $ (11,077) Denominator: Number of shares used in basic computation 53,118 45,807 50,719 45,807 Add: weighted-average effect of dilutive securities Restricted stock awards 1,300 — — — Weighted-average number of shares of Class A and Class D common stock outstanding used to calculate diluted net income (loss) per share 54,418 45,807 50,719 45,807 Diluted net income (loss) per share attributable to common stockholders $ 0.03 $ (0.24) $ (0.08) $ (0.24) The following common stock equivalents were excluded from diluted income (loss) per share in the periods presented because they were anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Restricted stock awards — 4,000 2,667 4,000 Restricted stock units 555 597 555 597 Total anti-dilutive securities 555 4,597 3,222 4,597

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 16 — Commitments and Contingencies Purchase Obligations The Company enters into fixed-price and price-to-be fixed green coffee purchase commitments. For both fixed-price and price-to-be fixed purchase commitments, the Company expects to take delivery of green coffee and to utilize the coffee in a reasonable period of time in the ordinary course of business. Such contracts are used in the normal purchases of green coffee and not for speculative purposes. The Company does not enter into futures contracts or other derivative instruments related to its green coffee purchase commitments. Guarantees The Company periodically provides guarantees to franchisees for lease payments. Annually, the Company determines if a liability needs to be recorded related to these guarantees. As of September 30, 2022 and December 31, 2021, the Company had guaranteed approximately $1.6 million and $1.7 million, respectively, in franchisee lease payments and has not established a liability for these guarantees as any liability arising from the guarantees is not material to the condensed consolidated financial statements. Legal Proceedings The Company is a party to routine legal actions arising in the ordinary course of and incidental to its business. These claims, legal proceedings and litigation principally arise from alleged casualty, employment, and other disputes. In determining loss contingencies, the Company considers the likelihood of loss as well as the ability to reasonably estimate the amount of such loss or liability. An estimated loss is recognized when it is considered probable that a liability has been incurred and when the amount of loss can be reasonably estimated. Because litigation is inherently unpredictable, assessing contingencies is highly subjective and requires judgments about future events. When evaluating litigation contingencies, we may be unable to provide a meaningful estimate due to a number of factors, including the procedural status of the matter in question, developments in legislation or regulations that affect the validity of certain claims and defenses, the availability of appellate remedies, insurance coverage related to the claim or claims in question, the presence of complex or novel legal theories, and/or the ongoing discovery and development of information important to the matter.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 17 — Related Party Transactions The Company’s donations to Dutch Bros Foundation, a not-for-profit founded by the Company that provides philanthropy to coffee farmers and local communities and for which the Company’s Chief Executive Officer serves on the board of directors, were as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Donations to Dutch Bros Foundation $ 1,866 $ 2,599 $ 5,086 $ 6,916

Segment Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Segment Reporting	NOTE 18 — Segment Reporting Segment information is prepared on the same basis that the Company’s Chief Executive Officer (CEO), who is the chief operating decision maker (CODM), manages the segments, evaluates financial results and makes key operating decisions. The Company’s CEO evaluates the financial performance of the Company based on two operating segments: Company-operated shops and Franchising and other. The Company-operated shops segment includes coffee shop sales to customers. The Franchising and other segment includes bean and product sales to franchisees and includes the initial franchise fees, royalties, and marketing fees. The CODM reviews segment performance and allocates resources based upon segment contribution, which is defined as segment gross profit before depreciation and amortization. All segment revenue is earned in the United States, and there are no intersegment revenues. As the CODM is not provided with asset information by segment, assets are reported only on a consolidated basis. Selling, general and administrative expenses primarily consist of the Company’s unallocated corporate expenses. Unallocated corporate expenses include corporate administrative functions that support the segments but are not directly attributable to or managed by any segment and are not included in the reported financial results of the segments. No changes have been made to the Company’s segments during the three and nine months ended September 30, 2022. In addition, no customer represents 10% or more of total accounts receivable or revenues as of and for the three and nine months ended September 30, 2022 and 2021. Financial information for the Company’s reportable segments was as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 ¹ 2022 2021 ¹ Revenues: Company-operated shops $ 173,501 $ 108,661 $ 464,200 $ 289,548 Franchising and other 25,147 21,142 72,985 68,248 Total revenues 198,648 129,803 537,185 357,796 Cost of sales: Company-operated shops 138,781 85,550 381,623 219,407 Franchising and other 9,311 5,229 29,006 19,347 Total cost of sales 148,092 90,779 410,629 238,754 Segment contribution: Company-operated shops 44,344 27,405 107,648 81,179 Franchising and other 17,314 17,616 48,319 53,629 Total segment contribution $ 61,658 $ 45,021 $ 155,967 $ 134,808 Depreciation and amortization: Company-operated shops 9,624 4,294 25,071 11,038 Franchising and other 1,478 1,703 4,340 4,728 Total depreciation and amortization 11,102 5,997 29,411 15,766 Selling, general and administrative (45,378) (153,700) (132,934) (223,174) Interest expense, net (5,011) (2,393) (11,096) (5,248) Other expense, net (1,944) (1,041) (1,662) (1,099) Loss before income taxes $ (1,777) $ (118,110) $ (19,136) $ (110,479) _________________ 1 The Company identified immaterial corrections related to the accrual of employee sick leave and the application of ASC 710, Compensation - General , which resulted in revisions to prior period reported amounts with impacted line items presented below for the three and nine months ended September 30, 2021, respectively. • Decrease in company-operated shops cost of sales (labor costs) of $0.3 million and $1.1 million • Decrease in total cost of sales of $0.3 million and $1.1 million • Increase in company-operated shops gross profit of $0.3 million and $1.1 million • Increase in company-operated shops segment contribution of $0.3 million and $1.1 million • Increase in total gross profit of $0.3 million and $1.1 million • Increase in total segment contribution of $0.3 million and $1.1 million • Decrease in selling, general and administrative expenses of less than $0.1 million and $0.4 million

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Financial Statements Presentation	Financial Statements Presentation The accompanying unaudited condensed consolidated financial statements as of September 30, 2022 and for the three and nine months ended September 30, 2022 and 2021 are prepared in accordance with the rules and regulations of the Securities and Exchange Commission (the SEC) for interim financial information. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States of America (GAAP) for complete financial statements. Therefore, the unaudited financial statements should be read in conjunction with the audited consolidated financial statements contained in our Annual Report on Form 10-K filed with the SEC and on March 11, 2022.
Principles of Consolidation	Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its subsidiaries that it controls due to ownership of a majority voting interest or pursuant to accounting guidance for non-controlling interests. All intercompany transactions and balances have been eliminated in consolidation.
Use of Estimates	Use of Estimates The presentation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions, primarily related to long-lived asset valuation, leases, deferred revenue, tax receivable agreements, income taxes, and equity-based compensation that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Although management bases its estimates on historical experience and assumptions that are believed to be reasonable under the circumstances, actual results could differ from those estimates.
Reclassifications	Reclassifications The Company has reclassified certain amounts in prior-period financial statements to conform to the current period's presentation.
Derivative Instruments	Derivative Instruments The Company manages exposure to fluctuations in interest rates within its condensed consolidated financial statements according to a hedging policy. Under this policy, the Company may engage in interest rate swap agreements to hedge interest rate risk. A swap agreement is a contract between two parties to exchange cash flows based on specified underlying notional amounts, assets and/or indices. The Company does not enter into derivative instruments for speculative purposes. By using swap instruments, the Company is exposed to potential credit risk. Credit risk is the failure of the counterparty to perform under the terms of the derivative contract. The Company minimizes this credit risk by entering into transactions with carefully selected, credit-worthy counterparties. Cash Flow Hedges For derivative instruments that are designated and qualify as a cash flow hedge, the derivative's gain or loss is reported as a component of other comprehensive income (OCI) and recorded in accumulated other comprehensive income (AOCI) on our condensed consolidated balance sheets. The gain or loss is subsequently reclassified into net earnings when the hedged exposure affects net earnings, in the same line item as the underlying hedged item on the Company’s condensed consolidated statements of operations. Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge. Cash flows from hedging transactions are classified in the same categories as the cash flows from the respective hedged items.
Leases	Leases The Company adopted ASC Topic 842 (ASC 842), Leases
Revenue Recognition	Revenue Recognition Consolidated revenues are recognized net of any discounts, returns, allowances and sales incentives in accordance with Accounting Standard Codification (ASC) Topic 606, Revenue from Contracts with Customers . Loyalty Programs In February 2021, the Company transitioned from a traditional loyalty program to a digital loyalty program. Under the previous program, a customer earned a “Stamp” for each purchase at a Dutch Bros coffee shop. After accumulating a certain number of Stamps, the customer earned a reward that may be redeemed for free product that, regardless of where the related Stamps were earned, would have been honored at company-operated shops and franchised shop locations. The Company deferred revenue associated with the estimated selling price of Stamps earned by customers towards free product as each Stamp was earned, and a corresponding contract liability was established. The estimated selling price of each Stamp earned was based on the estimated value of the product for which the reward was expected to be redeemed, net of Stamps not expected to be redeemed, based on historical redemption patterns. Stamps did not expire. As a result of the COVID-19 pandemic beginning in March 2020, the Company discontinued new Stamps. The Company continued to redeem previously earned Stamps through March 2021. In February 2021, the Company released the digital loyalty program (Dutch Rewards) in which the customer earns rewards through use of the Company’s mobile app that can be redeemed for free drinks. Points collected but not redeemed expire after six months, and earned rewards expire six months after issuance. The Company defers revenue as points are accumulated and rewards are earned under the Dutch Rewards program. Deferred Revenue Deferred revenue primarily consists of the unredeemed gift card liability and unredeemed points from our Dutch Rewards loyalty program, as discussed above. Deferred revenue also includes bean and beverage sales to distributors where the performance obligation has not yet been satisfied as control has not transferred to the customer.
Vendor Incentives	Vendor Incentives The Company has entered into food and beverage supply agreements with certain major vendors. Pursuant to the terms of these arrangements, rebates are provided to the Company from the vendors based upon the dollar value of purchases for company-operated shops and franchised shops. These incentives are recognized as earned throughout the year and are classified as a reduction of cost of sales in the accompanying condensed consolidated statements of operations. Vendor incentives recognized in cost of sales were as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Vendor incentives $ 13,808 $ 11,585 $ 32,700 $ 30,348
Advertising Expense	Advertising ExpenseAdvertising costs are expensed as they are incurred. Most franchise shops contribute to an advertising fund that the Company manages on behalf of the shops. Under the Company’s standard franchise agreement, the contributions received must be spent on marketing, creative efforts, media support, or other related purposes specified in the agreement. The expenditures are primarily amounts paid to third parties but may also include personnel expenses and allocated costs.
Recently Issued Accounting Standards and Recently Adopted Accounting Standards	Recently Issued Accounting Standards In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-13, Financial Instruments—Credit Losses (Topic 326) : Measurement of Credit Losses on Financial Instruments . ASU 2016-13, as amended, replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For accounts receivable and other financial instruments, the Company will be required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses which reflects losses that are probable. ASU 2016-13, as amended, is effective for fiscal years beginning after December 15, 2022. Application of the amendments is through a cumulative-effect adjustment to retained earnings as of the effective date. The Company is evaluating the impact of this standard on its condensed consolidated financial statements. In October 2021, the FASB issued ASU No. 2021-08, Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842
Fair Value Measurements	The Company’s condensed consolidated financial statements include cash and cash equivalents, accounts receivable, accounts payable, accrued expenses and other current liabilities, for which the carrying amounts approximate fair value due to their short-term maturity. The fair value of the Company’s variable-rate term loan and revolving loans approximate their carrying amounts; these debt instruments are designated as Level 2 within the fair value hierarchy, as the Company’s cost of borrowing is variable and approximates current market rates.

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Schedule of immaterial correction of previously issued consolidated financial statements	The tables below reflect the sections of the Company’s condensed consolidated financial statements that were impacted by the error. Condensed Consolidated Balance Sheet: December 31, 2021 (in thousands) As Reported Adjustments As Corrected Current liabilities: Accrued liabilities $ 24,513 $ (3,543) $ 20,970 Total current liabilities 142,277 (3,543) 138,734 Total liabilities 343,514 (3,543) 339,971 Stockholders’ equity: Additional paid in capital 106,410 783 107,193 Accumulated deficit (12,914) 235 (12,679) Total stockholders’ equity attributable to Dutch Bros Inc. / members’ equity 93,498 1,018 94,516 Non-controlling interests 116,688 2,525 119,213 Total equity $ 210,186 $ 3,543 $ 213,729 Condensed Consolidated Statements of Operations: Three Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Costs and expenses Cost of sales $ 91,060 $ (281) $ 90,779 Selling, general and administrative 153,727 (27) 153,700 Total costs and expenses 244,787 (308) 244,479 Loss from operations (114,984) 308 (114,676) Loss before income taxes (118,418) 308 (118,110) Net loss $ (117,138) $ 308 $ (116,830) Less: Net loss attributable to non-controlling interests 1 (31,531) 219 (31,312) NET LOSS ATTRIBUTABLE TO DUTCH BROS INC. 1 $ (11,166) $ 89 $ (11,077) _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Nine Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Costs and expenses Cost of sales $ 239,869 $ (1,115) $ 238,754 Selling, general and administrative 223,595 (421) 223,174 Total costs and expenses 463,464 (1,536) 461,928 Loss from operations (105,668) 1,536 (104,132) Loss before income taxes (112,015) 1,536 (110,479) Net loss $ (111,299) $ 1,536 $ (109,763) Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions (68,602) 1,228 (67,374) Less: Net loss attributable to non-controlling interests 1 (31,531) 219 (31,312) NET LOSS ATTRIBUTABLE TO DUTCH BROS INC. 1 $ (11,166) $ 89 $ (11,077) _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Condensed Consolidated Statements of Stockholders’/Members’ Equity: Three Months Ended September 30, 2021 (in thousands) As Reported 1 Adjustments As Corrected Members' Equity Balance, June 30, 2021 $ (127,279) $ 2,725 $ (124,554) Effect of the Reorganization Transactions and initial public offering on non-controlling interests 50,745 (2,725) 48,020 Additional Paid-in-Capital Effect of the Reorganization Transactions and initial public offering on non-controlling interests (196,515) 579 (195,936) Purchase of OpCo Units in connection with the initial public offering (239,622) 201 (239,421) Effect of exchange of Dutch Bros OpCo Class A common units 285 4 289 Balance, September 30, 2021 104,259 784 105,043 Accumulated Deficit Net loss subsequent to the Reorganization Transactions (11,166) 89 (11,077) Balance, September 30, 2021 (11,166) 89 (11,077) Non-Controlling Interests Effect of the Reorganization Transactions and initial public offering on non-controlling interests 145,768 2,146 147,914 Purchase of OpCo Units in connection with the initial public offering (13,648) (201) (13,849) Net loss subsequent to the Reorganization Transactions (31,531) 219 (31,312) Effect of exchange of Dutch Bros OpCo Class A common units (285) (4) (289) Balance, September 30, 2021 116,527 2,160 118,687 Total Equity Balance, June 30, 2021 (127,279) 2,725 (124,554) Net loss subsequent to the Reorganization Transactions (42,697) 308 (42,389) Balance, September 30, 2021 209,622 3,033 212,655 _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Nine Months Ended September 30, 2021 (in thousands) As Reported 1 Adjustments As Corrected Members' Equity Balance, December 31, 2020 $ 75,990 $ 1,497 $ 77,487 Net loss prior to the Reorganization Transactions (68,602) 1,228 (67,374) Effect of the Reorganization Transactions and initial public offering on non-controlling interests 50,745 (2,725) 48,020 Additional Paid-in-Capital Effect of the Reorganization Transactions and initial public offering on non-controlling interests (196,515) 579 (195,936) Purchase of OpCo Units in connection with the initial public offering (239,622) 201 (239,421) Effect of exchange of Dutch Bros OpCo Class A common units 285 4 289 Balance, September 30, 2021 104,259 784 105,043 Accumulated Deficit Net loss subsequent to the Reorganization Transactions (11,166) 89 (11,077) Balance, September 30, 2021 (11,166) 89 (11,077) Non-Controlling Interests Effect of the Reorganization Transactions and initial public offering on non-controlling interests 145,768 2,146 147,914 Purchase of OpCo Units in connection with the initial public offering (13,648) (201) (13,849) Net loss subsequent to the Reorganization Transactions (31,531) 219 (31,312) Effect of exchange of Dutch Bros OpCo Class A common units (285) (4) (289) Balance, September 30, 2021 116,527 2,160 118,687 Total Equity Balance, December 31, 2020 75,990 1,497 77,487 Net loss prior to the Reorganization Transactions (68,602) 1,228 (67,374) Net loss subsequent to the Reorganization Transactions (42,697) 308 (42,389) Balance, September 30, 2021 209,622 3,033 212,655 _________________ 1 Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021. Condensed Consolidated Statement of Cash Flows: Nine Months Ended September 30, 2021 (in thousands) As Reported Adjustments As Corrected Cash flows from operating activities: Net loss $ (111,299) $ 1,536 $ (109,763) Changes in operating assets and liabilities, net of acquisitions: Accrued liabilities 7,888 (1,536) 6,352
Schedule of vendor incentives and advertising costs	Vendor incentives recognized in cost of sales were as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Vendor incentives $ 13,808 $ 11,585 $ 32,700 $ 30,348 Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Advertising expense $ 8,158 $ 7,602 $ 22,840 $ 19,948

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of revenue by major component	The following table disaggregates revenue by major component: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Company-operated shops $ 173,501 $ 108,661 $ 464,200 $ 289,548 Franchising 23,802 20,396 69,028 65,589 Other 1,345 746 3,957 2,659 Total revenues $ 198,648 $ 129,803 $ 537,185 $ 357,796
Deferred revenue activity	Deferred revenue activity related to the Company’s loyalty and gift card programs was as follows: Nine Months Ended September 30, (in thousands) 2022 2021 Balance, December 31 $ 22,765 $ 10,576 Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned 186,303 122,326 Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage (180,538) (116,967) Balance, September 30 28,530 15,935 Less: current portion (25,371) (13,681) Deferred revenue, net of current portion, gift card and loyalty programs $ 3,159 $ 2,254 (in thousands) September 30, 2022 December 31, 2021 Outstanding performance obligations $ 3,027 $ 2,512 Initial unearned franchise fees from franchisees 2,390 2,560 Total deferred revenue, excluding gift card and loyalty programs 5,417 5,072 Less: current portion (3,458) (2,964) Deferred revenue, net of current portion, excluding gift card and loyalty programs $ 1,959 $ 2,108 Revenue recognized from initial unearned franchise fees was as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Earned franchise fees $ 117 $ 198 $ 390 $ 514
Schedule of unearned franchise fees	Future amortization of initial unearned franchise fees outstanding as of September 30, 2022 is as follows:: (in thousands) Remainder of 2022 $ 112 2023 419 2024 361 2025 307 2026 265 Thereafter 926 Total $ 2,390

Shop Acquisitions (Tables)

Shop Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Summary of preliminary allocations of purchase prices	The following table summarizes the allocations of the purchase prices to the estimated fair values of assets acquired and liabilities assumed. The fair values for the 2022 acquisitions are considered preliminary and subject to change within the measurement period (up to one year from the acquisition dates), as we have not obtained all of the detailed information to finalize the opening balance sheet related to the building and leasehold improvements purchased and franchise rights reacquired. (in thousands) September 30, 2022 Acquisition consideration: Purchase price consideration $ 6,051 Equipment and fixtures 197 Building and leasehold improvements 1,470 Inventories 67 Other assets 6 Operating lease right-of-use assets 2,327 Reacquired franchise rights 1,735 Other liabilities (88) Gift card liability (250) Operating lease obligations (2,327) Net assets acquired 3,137 Goodwill $ 2,914
Unaudited pro forma results of shop acquisitions	The following table reflects the unaudited pro forma results of the Company and the five shops purchased in 2022 as if the acquisitions had taken place as of January 1, 2021: Nine Months Ended September 30, (in thousands; unaudited) 2022 2021 Revenue $ 539,136 $ 366,564 Net loss $ (16,058) $ (108,218)

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of inventories, net	Inventories, net consist of the following: (in thousands) September 30, 2022 December 31, 2021 Raw materials $ 16,070 $ 8,453 Finished goods 17,643 14,892 Total inventories $ 33,713 $ 23,345

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Summary of property and equipment, net	Property and equipment, net consists of the following: (in thousands) Useful Life (Years) September 30, 2022 December 31, 2021 Software 3 $ 7,430 $ 7,132 Equipment and fixtures 3 — 7 85,232 57,952 Leasehold improvements 5 — 15 26,996 20,744 Buildings 10 — 20 134,640 168,395 Land N/A 4,211 5,242 Aircraft 1 N/A 9,195 9,531 Construction-in-progress 2 N/A 124,185 88,050 Property and equipment, gross 391,889 357,046 Less: accumulated depreciation (64,289) (55,048) Property and equipment, net $ 327,600 $ 301,998 _______________ 1 Aircraft is depreciated under the consumption method. 2 Construction-in-progress primarily consists of construction and equipment costs for new and existing shops. Depreciation expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Cost of sales $ 6,932 $ 5,048 $ 18,486 $ 13,186 Selling, general and administrative expenses 702 700 2,114 1,962 Total depreciation expense $ 7,634 $ 5,748 $ 20,600 $ 15,148

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	The details of the intangible assets are as follows: (in thousands) Weighted-average amortization period (in years) September 30, 2022 December 31, 2021 Reacquired franchise rights 3.6 $ 27,049 $ 25,314 Less: accumulated amortization (17,223) (14,211) Intangibles, net $ 9,826 $ 11,103
Summary of intangible assets amortization expense	Amortization expense included in the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Cost of sales $ 1,055 $ 948 $ 3,012 $ 2,579 The estimated future amortization expense of the reacquired franchise rights as of September 30, 2022 is as follows: (in thousands) Remainder of 2022 $ 1,022 2023 3,389 2024 2,469 2025 1,435 2026 681 Thereafter 830 Total $ 9,826
Schedule of goodwill	The carrying amount and activity of goodwill was as follows: (in thousands) Balance, December 31, 2021 $ 18,715 Business combinations 2,914 Balance, September 30, 2022 $ 21,629

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Change of accounting principle, allocation	Upon transition, the Company recorded the following increases (decreases) to the respective line items on its condensed consolidated balance sheet: (in thousands) Adjustments as of January 1, 2022 (As Reported) Subsequent Adjustments Cumulative Adjustments as of September 30, 2022 Property and equipment, net $ (79,821) $ (6,171) $ (85,992) Finance lease right-of-use assets 111,826 3,745 115,571 Operating lease right-of-use assets 150,689 — 150,689 Deferred rent (3,153) — (3,153) Current portion of finance lease obligations 607 — 607 Current portion of operating lease obligations 8,430 — 8,430 Current portion of long-term debt (46) — (46) Finance lease obligations, net of current portion 32,534 — 32,534 Operating lease obligations, net of 144,405 — 144,405 Long-term debt, net of current portion (1,426) (1,506) (2,932) Accumulated deficit 386 (264) 122 Non-controlling interests 957 (656) 301
Summary of finance and operation lease right-of-use assets and lease liabilities	A summary of finance and operating lease right-of-use assets and lease liabilities as of September 30, 2022 is as follows: (in thousands) Balance Sheet Classification September 30, 2022 Right-of-use assets Finance leases Finance lease right-of-use assets, net $ 214,903 Operating leases Operating lease right-of-use assets, net 165,682 Total right-of-use assets $ 380,585 Lease liabilities Finance leases Current portion of finance lease obligations $ 7,004 Finance lease obligations, net of current portion 209,257 Operating leases Current portion of operating lease obligations 9,462 Operating lease obligations, net of current portion 157,319 Total lease liabilities $ 383,042 A summary of lease terms and discount rates for finance and operating leases as of September 30, 2022 is as follows: September 30, 2022 Weighted-average remaining lease term (years) Finance leases 16.2 Operating leases 15.1 Weighted-average discount rate (percentages) Finance leases 5.2% Operating leases 4.1%
Components of lease cost	The components of lease cost were as follows for the periods presented: (in thousands) Statement of Operations Classification Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 Finance lease cost Amortization of right-of-use assets Cost of sales $ 3,121 $ 7,919 Interest on lease liabilities Interest expense 2,482 6,261 Total finance lease cost 5,603 14,180 Operating lease cost Cost of sales 4,228 12,109 Variable lease cost Cost of sales 566 1,625 Total lease cost $ 10,397 $ 27,914
Future minimum lease payments for financing lease liabilities	Future minimum lease payments for finance and operating lease liabilities as of September 30, 2022 were as follows: (in thousands) Finance Operating Remainder of 2022 $ 4,882 $ 4,363 2023 17,527 15,601 2024 18,185 15,291 2025 18,417 15,009 2026 18,741 14,868 Thereafter 246,068 161,592 Total $ 323,820 $ 226,724 Less: imputed interest (107,559) (59,943) Present value of minimum lease payments 216,261 166,781 Less: current portion (7,004) (9,462) Lease liabilities, net of current portion $ 209,257 $ 157,319
Future minimum lease payments for operating lease liabilities	Future minimum lease payments for finance and operating lease liabilities as of September 30, 2022 were as follows: (in thousands) Finance Operating Remainder of 2022 $ 4,882 $ 4,363 2023 17,527 15,601 2024 18,185 15,291 2025 18,417 15,009 2026 18,741 14,868 Thereafter 246,068 161,592 Total $ 323,820 $ 226,724 Less: imputed interest (107,559) (59,943) Present value of minimum lease payments 216,261 166,781 Less: current portion (7,004) (9,462) Lease liabilities, net of current portion $ 209,257 $ 157,319
Future minimum lease payments under non-cancellable operating leases and capital lease liabilities	Future minimum lease payments under noncancellable operating leases and capital lease liabilities as of December 31, 2021 were as follows: (in thousands) Capital Operating 2022 $ 8,824 $ 12,398 2023 8,672 12,002 2024 8,743 11,699 2025 8,926 11,420 2026 9,229 11,297 Thereafter 85,985 125,774 Total $ 130,379 $ 184,590 Less: imputed interest (47,402) Present value of minimum lease payments 82,977 Less: current portion (3,389) Lease liabilities, net of current portion $ 79,588
Schedule of Cash Flow, Supplemental Disclosures	Supplemental cash flow information related to leases as of September 30, 2022 is as follows for the period presented: (in thousands; unaudited) Nine Months Ended September 30, 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases $ 6,261 Operating cash flows from operating leases 11,611 Financing cash flows from finance leases 3,144 Right-of-use assets obtained in exchange for lease obligations 1 Finance leases 135,987 Operating leases 171,437 _________________

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of debt instruments	The Company’s long-term debt consisted of the following for the periods presented: (in thousands) September 30, 2022 December 31, 2021 Terms loan under credit facility $ 98,750 $ — Finance obligation 1 1,377 2,978 Unsecured note payable 551 628 Total debt 100,678 3,606 Less: loan origination fees (1,191) — Less: current portion (2,608) (103) Total long-term debt, net of current portion $ 96,879 $ 3,503 _______________ 1 Effective January 1, 2022, with our adoption of ASC 842 ( Leases
Schedule of maturities of long-term debt	Future annual maturities of long-term debt as of September 30, 2022 are as follows: (in thousands) Remainder of 2022 $ 666 2023 2,667 2024 4,549 2025 7,056 2026 13,313 Thereafter 72,427 Total $ 100,678

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of fair value derivative instruments included in condensed consolidated balance sheets	The fair value of the Company’s derivative instrument was included in the condensed consolidated balance sheet as follows: (in thousands) Balance Sheet Classification September 30, 2022 December 31, 2021 Derivative instrument designated as cash flow hedge: Interest rate swap contract Prepaid expenses and other current assets $ 1,030 $ — Other long-term assets 2,297 — Total derivative instrument designated as cash flow hedge $ 3,327 $ —
Schedule of derivatives instruments effect on condensed consolidated statement of operations	The effect of its derivative instrument on the Company’s condensed consolidated statements of operations was as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) Statement of Operations Classification 2022 2021 2022 2021 Derivative instrument designated as cash flow hedge: Income recognized in other comprehensive income before reclassifications $ 2,651 $ — $ 2,935 $ — Reclassification from accumulated other comprehensive income to earnings for the effective portion Interest expense, net 77 — 409 — Income tax expense Income tax expense (244) — (294) —

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Provision for income taxes	Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Income tax benefit $ (3,371) $ (1,280) $ (2,700) $ (716) Effective tax rate N/M 1.1 % 14.1 % 0.6 %

Equity and Equity-Based Compe_2

Equity and Equity-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Activity schedule for Company's restricted stock	Activity for the Company’s RSAs was as follows: (in thousands, except per share amounts) Restricted Stock Awards Weighted-average grant date fair value per share Balance, December 31, 2021 4,000 $ 23.00 Vested (1,333) 23.00 Balance, September 30, 2022 2,667 $ 23.00
Activity schedule for Company's RSUs	Activity for the Company’s RSUs was as follows: (in thousands, except per share amounts) Restricted Stock Units Weighted-average grant date fair value per share Balance, December 31, 2021 596 $ 43.55 New grants 164 47.85 Vested (203) 43.50 Forfeitures (2) 49.37 Balance, September 30, 2022 555 $ 44.82
Share-based compensation expense	Equity-based compensation expense is recognized on a straight-line basis and is included in the Company’s condensed consolidated statements of operations as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Selling, general and administrative expenses $ 10,649 $ 124,779 $ 30,995 $ 147,761
Total unrecognized stock based compensation related to unvested stock awards.	As of September 30, 2022, total unrecognized stock-based compensation related to unvested stock awards was $56.1 million, which will be recognized as follows: (in thousands) Remainder of 2022 $ 10,611 2023 41,911 2024 3,133 2025 437 Total unrecognized stock-based compensation expense $ 56,092

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	9 Months Ended
	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Schedule of ownership interest	The following table summarizes the ownership interest in Dutch Bros OpCo: September 30, 2022 (in thousands) OpCo Units Ownership % Dutch Bros OpCo Class A common units held by Dutch Bros Inc. 1 57,953 35.4 % Dutch Bros OpCo Class A common units held by non-controlling interest holders 105,756 64.6 % Total Dutch Bros OpCo Class A common units outstanding 163,708 100.0 % _________________ 1 Includes approximately 2.7 million Dutch Bros OpCo Class A common units related to unvested restricted stock awards held by former Profits Interest Units holders. These Dutch Bros OpCo Class A common units are excluded from non-controlling interest calculations.
Summary of changes in ownership	The following table summarizes the effect of changes in ownership of Dutch Bros OpCo on the Company’s equity for the periods presented: (in thousands) Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Net income (loss) attributable to Dutch Bros Inc. $ 1,763 $ (11,077) $ (4,090) $ (11,077) Other comprehensive income: Unrealized gain on derivative securities, effective portion, net of income tax expense 703 — 848 — Transfers from (to) non-controlling interests: Decrease in additional paid-in capital as a result of the Reorganization Transactions — (195,936) — (195,936) Decrease in accumulated deficit as a result of the adoption of ASC 842 — — 122 — Increase in additional paid-in capital as a result of equity-based compensation 3,656 9,802 10,083 9,802 Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax — (3,258) (1,145) (3,258) Increase (decrease) in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units 4,528 (239,132) 9,408 (239,132) Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc. $ 10,650 $ (439,601) $ 15,226 $ (439,601)
Schedule of non-controlling interest holders' weighted-average ownership percentage	The non-controlling interest holders’ weighted-average ownership percentage were as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted-average ownership percentage 67.0 % * 68.5 % * * The non-controlling interest holders’ weighted-average ownership percentage for the period from the September 14, 2021 Reorganization date to September 30, 2021 was 71.3%.

Income (Loss) Per Share (Tables

Income (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of earnings (loss) per share	The following tables set forth the numerators and denominators used to compute basic and diluted income (loss) per share of Class A and Class D common stock for the periods presented. The basic and diluted loss per share for the three and nine months ended September 30, 2021 reflects only the period from September 14, 2021 to September 30, 2021, which represents the period from the date of the Reorganization Transactions during which the Company had outstanding Class A and Class D common stock. Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Numerator: Net income (loss) $ 1,594 $ (116,830) $ (16,436) $ (109,763) Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions — (74,441) — (67,374) Less: net loss attributable to non-controlling interests (169) (31,312) (12,346) (31,312) Net income (loss) attributable to Dutch Bros Inc. $ 1,763 (11,077) $ (4,090) (11,077) Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Basic net income (loss) per share attributable to common stockholders Numerator: Net income (loss) attributable to Dutch Bros Inc. $ 1,763 $ (11,077) $ (4,090) $ (11,077) Denominator: Weighted-average number of shares of Class A and Class D common stock outstanding - basic 53,118 45,807 50,719 45,807 Basic net income (loss) per share attributable to common stockholders $ 0.03 (0.24) $ (0.08) $ (0.24) Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share amounts) 2022 2021 2022 2021 Diluted net income (loss) per share attributable to common stockholders Numerator: Undistributed income (loss) for basic computation $ 1,763 $ (11,077) $ (4,090) $ (11,077) Decrease in net income attributable to common stockholders upon conversion of potentially dilutive instruments (1) — — — Allocation of undistributed income (loss) $ 1,762 $ (11,077) $ (4,090) $ (11,077) Denominator: Number of shares used in basic computation 53,118 45,807 50,719 45,807 Add: weighted-average effect of dilutive securities Restricted stock awards 1,300 — — — Weighted-average number of shares of Class A and Class D common stock outstanding used to calculate diluted net income (loss) per share 54,418 45,807 50,719 45,807 Diluted net income (loss) per share attributable to common stockholders $ 0.03 $ (0.24) $ (0.08) $ (0.24)
Schedule of weighted average potentially dilutive securities	The following common stock equivalents were excluded from diluted income (loss) per share in the periods presented because they were anti-dilutive: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Restricted stock awards — 4,000 2,667 4,000 Restricted stock units 555 597 555 597 Total anti-dilutive securities 555 4,597 3,222 4,597

Related Party Transactions (Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2022
Related Party Transactions [Abstract]
Schedule of related party transactions	The Company’s donations to Dutch Bros Foundation, a not-for-profit founded by the Company that provides philanthropy to coffee farmers and local communities and for which the Company’s Chief Executive Officer serves on the board of directors, were as follows: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 2022 2021 Donations to Dutch Bros Foundation $ 1,866 $ 2,599 $ 5,086 $ 6,916

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Financial information for reportable segments	Financial information for the Company’s reportable segments was as follows for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2022 2021 ¹ 2022 2021 ¹ Revenues: Company-operated shops $ 173,501 $ 108,661 $ 464,200 $ 289,548 Franchising and other 25,147 21,142 72,985 68,248 Total revenues 198,648 129,803 537,185 357,796 Cost of sales: Company-operated shops 138,781 85,550 381,623 219,407 Franchising and other 9,311 5,229 29,006 19,347 Total cost of sales 148,092 90,779 410,629 238,754 Segment contribution: Company-operated shops 44,344 27,405 107,648 81,179 Franchising and other 17,314 17,616 48,319 53,629 Total segment contribution $ 61,658 $ 45,021 $ 155,967 $ 134,808 Depreciation and amortization: Company-operated shops 9,624 4,294 25,071 11,038 Franchising and other 1,478 1,703 4,340 4,728 Total depreciation and amortization 11,102 5,997 29,411 15,766 Selling, general and administrative (45,378) (153,700) (132,934) (223,174) Interest expense, net (5,011) (2,393) (11,096) (5,248) Other expense, net (1,944) (1,041) (1,662) (1,099) Loss before income taxes $ (1,777) $ (118,110) $ (19,136) $ (110,479) _________________ 1 The Company identified immaterial corrections related to the accrual of employee sick leave and the application of ASC 710, Compensation - General , which resulted in revisions to prior period reported amounts with impacted line items presented below for the three and nine months ended September 30, 2021, respectively. • Decrease in company-operated shops cost of sales (labor costs) of $0.3 million and $1.1 million • Decrease in total cost of sales of $0.3 million and $1.1 million • Increase in company-operated shops gross profit of $0.3 million and $1.1 million • Increase in company-operated shops segment contribution of $0.3 million and $1.1 million • Increase in total gross profit of $0.3 million and $1.1 million • Increase in total segment contribution of $0.3 million and $1.1 million • Decrease in selling, general and administrative expenses of less than $0.1 million and $0.4 million • Increase in income before income taxes of $0.3 million and $1.5 million

Organization and Background (De

Organization and Background (Details) $ / shares in Units, $ in Thousands, shares in Millions			3 Months Ended			9 Months Ended
		Sep. 17, 2021 USD ($) class_of_stock $ / shares shares	Sep. 30, 2022 USD ($) store state	Dec. 31, 2021 USD ($) shares	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) store state	Sep. 30, 2021 USD ($)
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores | store			641			641
Number of states in which entity operates | state			14			14
Percentage of voting interest held			100%			100%
Purchase of Dutch Bros OpCo Class A common units in connection with the initial public offering	[1]				$ 253,270		$ 253,270
Surrender and cancellation of Class C & D common stock			$ 0		$ 34,394	$ 0	$ 34,394
Classes of common stock | class_of_stock		4
Percentage of tax benefits owed to certain LLC owners		85%
Public Stock Offering - Shares From Continuing Members
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Purchase of Dutch Bros OpCo Class A common units in connection with the initial public offering				$ 253,300
Class A common stock | IPO
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Shares issued in IPO (in shares) | shares		24.2
IPO price per share (in dollars per share) | $ / shares		$ 23
Proceeds received from sale of stock, net of offering costs		$ 520,800
Class A common stock | Over-Allotment Option
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Shares issued in IPO (in shares) | shares		3.2
Class A common stock | Public Stock Offering - Shares From Subsidiary
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Issuance of common stock sold in initial public offering, net of offering costs (in shares) | shares				10.9
Purchase of Dutch Bros OpCo Class A common units in connection with the initial public offering				$ 234,400
Class A common stock | Public Stock Offering - Shares From Continuing Members
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Issuance of common stock sold in initial public offering, net of offering costs (in shares) | shares				11.7
Class D common stock
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Issuance of common stock sold in initial public offering, net of offering costs (in shares) | shares				1.6
Surrender and cancellation of Class C & D common stock				$ 34,400
Continuing LLC Equity Owners
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Voting interest held by noncontrolling interest			0%			0%
Company-operated shops
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores | store			370			370
Franchising
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Number of stores | store			271			271
[1]Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of immaterial correction of previously issued consolidated financial statements (Details) - USD ($) $ in Thousands				3 Months Ended					9 Months Ended
		Sep. 30, 2021		Sep. 30, 2022		Sep. 30, 2021		Sep. 16, 2021	Sep. 30, 2022		Sep. 30, 2021		Sep. 16, 2021		Jun. 30, 2022		Dec. 31, 2021		Jun. 30, 2021	Dec. 31, 2020
Current liabilities:
Accrued liabilities				$ 22,850					$ 22,850								$ 20,970
Total current liabilities				190,374					190,374								138,734
Total liabilities				885,455					885,455								339,971
Stockholders’ equity:
Additional paid in capital				141,480					141,480								107,193
Accumulated deficit				(16,647)					(16,647)								(12,679)
Total stockholders’ equity attributable to Dutch Bros Inc. / members’ equity				125,683					125,683								94,516
Non-controlling interests				118,119					118,119								119,213
Total equity		$ 212,655	[1]	243,802		$ 212,655	[1]		243,802		$ 212,655	[1]			$ 222,317		213,729		$ (124,554)	$ 77,487
Costs and expenses
Cost of sales				148,092		90,779			410,629		238,754
Selling, general and administrative				45,378		153,700			132,934		223,174
Total costs and expenses				193,470		244,479			543,563		461,928
Loss from operations				5,178		(114,676)			(6,378)		(104,132)
Loss before income taxes				(1,777)		(118,110)			(19,136)		(110,479)
Net loss		(42,389)	[1]	1,594		(116,830)			(16,436)		(109,763)
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions				0		(74,441)		$ (74,441)	0		(67,374)		$ (67,374)	[1]
Less: net loss attributable to non-controlling interests	[2]			(169)		(31,312)			(12,346)		(31,312)
NET INCOME (LOSS) ATTRIBUTABLE TO DUTCH BROS INC	[2]			1,763		(11,077)			(4,090)		(11,077)
Members' Equity [Abstract]
Members' equity, beginning balance						(124,554)		(124,554)			77,487		77,487
Net loss prior to the Reorganization Transactions				0		74,441		74,441	0		67,374		67,374	[1]
Purchase of OpCo Units in connection with the initial public offering	[1]					(253,270)					(253,270)
Effect of exchange of Dutch Bros OpCo Class A common units				0		0	[1]		0		0	[1]
Net income (loss)		(42,389)	[1]	1,594		(116,830)			(16,436)		(109,763)
Members' equity, ending balance		212,655				212,655					212,655
Cash flows from operating activities:
Net loss		(42,389)	[1]	1,594		(116,830)			(16,436)		(109,763)
Changes in operating assets and liabilities, net of acquisitions:
Accrued liabilities									2,208		6,352
Members’ Equity
Costs and expenses
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions								(74,441)			67,374		(67,374)	[1]
Members' Equity [Abstract]
Members' equity, beginning balance						(124,554)		(124,554)			77,487		77,487
Net loss prior to the Reorganization Transactions								74,441			(67,374)		67,374	[1]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests	[1]					48,020					48,020
Members' equity, ending balance	[1]	0				0					0
Additional Paid-in-Capital
Stockholders’ equity:
Total equity		105,043	[1]	141,480		105,043	[1]		141,480		105,043	[1]			126,538		107,193		0	0
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						(195,936)					(195,936)
Purchase of OpCo Units in connection with the initial public offering	[1]					(239,421)					(239,421)
Effect of exchange of Dutch Bros OpCo Class A common units				4,528		289	[1]		9,408		289	[1]
Members' equity, ending balance		105,043				105,043					105,043
Accumulated Deficit
Stockholders’ equity:
Total equity		(11,077)	[1]	(16,647)	[1]	(11,077)	[1]		(16,647)	[1]	(11,077)	[1]			(18,410)	[1]	(12,679)	[1]	0	0
Costs and expenses
Net loss		(11,077)	[1]	1,763	[1]	(11,077)			(4,090)	[1]	(11,077)
Members' Equity [Abstract]
Net income (loss)		(11,077)	[1]	1,763	[1]	(11,077)			(4,090)	[1]	(11,077)
Members' equity, ending balance		(11,077)				(11,077)					(11,077)
Cash flows from operating activities:
Net loss		(11,077)	[1]	1,763	[1]	(11,077)			(4,090)	[1]	(11,077)
Noncontrolling Interests
Stockholders’ equity:
Total equity		118,687	[1]	118,119	[1]	118,687	[1]		118,119	[1]	118,687	[1]			$ 114,042	[1]	119,213	[1]	$ 0	$ 0
Costs and expenses
Net loss		(31,312)	[1]	(169)	[1]	(31,312)			(12,346)	[1]	(31,312)
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						147,914					147,914
Purchase of OpCo Units in connection with the initial public offering	[1]					(13,849)					(13,849)
Effect of exchange of Dutch Bros OpCo Class A common units	[1]			(4,528)		(289)			(9,408)		(289)
Net income (loss)		(31,312)	[1]	(169)	[1]	(31,312)			(12,346)	[1]	(31,312)
Members' equity, ending balance		118,687				118,687					118,687
Cash flows from operating activities:
Net loss		(31,312)	[1]	$ (169)	[1]	(31,312)			$ (12,346)	[1]	(31,312)
As Reported
Current liabilities:
Accrued liabilities																	24,513
Total current liabilities																	142,277
Total liabilities																	343,514
Stockholders’ equity:
Additional paid in capital																	106,410
Accumulated deficit																	(12,914)
Total stockholders’ equity attributable to Dutch Bros Inc. / members’ equity																	93,498
Non-controlling interests																	116,688
Total equity																	210,186
Costs and expenses
Cost of sales						91,060					239,869
Selling, general and administrative						153,727					223,595
Total costs and expenses						244,787					463,464
Loss from operations						(114,984)					(105,668)
Loss before income taxes						(118,418)					(112,015)
Net loss		(42,697)				(117,138)					(111,299)
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions													(68,602)
Less: net loss attributable to non-controlling interests						(31,531)					(31,531)
NET INCOME (LOSS) ATTRIBUTABLE TO DUTCH BROS INC						(11,166)					(11,166)
Members' Equity [Abstract]
Members' equity, beginning balance						(127,279)		(127,279)			75,990		75,990
Net loss prior to the Reorganization Transactions													68,602
Net income (loss)		(42,697)				(117,138)					(111,299)
Members' equity, ending balance		209,622				209,622					209,622
Cash flows from operating activities:
Net loss		(42,697)				(117,138)					(111,299)
Changes in operating assets and liabilities, net of acquisitions:
Accrued liabilities											7,888
As Reported | Members’ Equity
Costs and expenses
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions											68,602
Members' Equity [Abstract]
Members' equity, beginning balance						(127,279)		(127,279)			75,990		75,990
Net loss prior to the Reorganization Transactions											(68,602)
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						50,745					50,745
As Reported | Additional Paid-in-Capital
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						(196,515)					(196,515)
Purchase of OpCo Units in connection with the initial public offering						(239,622)					(239,622)
Effect of exchange of Dutch Bros OpCo Class A common units						285					285
Members' equity, ending balance		104,259				104,259					104,259
As Reported | Accumulated Deficit
Costs and expenses
Net loss						(11,166)					(11,166)
Members' Equity [Abstract]
Net income (loss)						(11,166)					(11,166)
Members' equity, ending balance		(11,166)				(11,166)					(11,166)
Cash flows from operating activities:
Net loss						(11,166)					(11,166)
As Reported | Noncontrolling Interests
Costs and expenses
Net loss						(31,531)					(31,531)
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						145,768					145,768
Purchase of OpCo Units in connection with the initial public offering						(13,648)					(13,648)
Effect of exchange of Dutch Bros OpCo Class A common units						(285)					(285)
Net income (loss)						(31,531)					(31,531)
Members' equity, ending balance		116,527				116,527					116,527
Cash flows from operating activities:
Net loss						(31,531)					(31,531)
Adjustments
Current liabilities:
Accrued liabilities																	(3,543)
Total current liabilities																	(3,543)
Total liabilities																	(3,543)
Stockholders’ equity:
Additional paid in capital																	783
Accumulated deficit																	235
Total stockholders’ equity attributable to Dutch Bros Inc. / members’ equity																	1,018
Non-controlling interests																	2,525
Total equity																	$ 3,543
Costs and expenses
Cost of sales						(281)					(1,115)
Selling, general and administrative						(27)					(421)
Total costs and expenses						(308)					(1,536)
Loss from operations						308					1,536
Loss before income taxes						308					1,536
Net loss		308				308					1,536
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions													1,228
Less: net loss attributable to non-controlling interests						219					219
NET INCOME (LOSS) ATTRIBUTABLE TO DUTCH BROS INC						89					89
Members' Equity [Abstract]
Members' equity, beginning balance						2,725		2,725			1,497		1,497
Net loss prior to the Reorganization Transactions													(1,228)
Net income (loss)		308				308					1,536
Members' equity, ending balance		3,033				3,033					3,033
Cash flows from operating activities:
Net loss		308				308					1,536
Changes in operating assets and liabilities, net of acquisitions:
Accrued liabilities											(1,536)
Adjustments | Members’ Equity
Costs and expenses
Less: Net loss attributable to Dutch Bros OpCo prior to the Reorganization Transactions											(1,228)
Members' Equity [Abstract]
Members' equity, beginning balance						2,725		$ 2,725			1,497		$ 1,497
Net loss prior to the Reorganization Transactions											1,228
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						(2,725)					(2,725)
Adjustments | Additional Paid-in-Capital
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						579					579
Purchase of OpCo Units in connection with the initial public offering						201					201
Effect of exchange of Dutch Bros OpCo Class A common units						4					4
Members' equity, ending balance		784				784					784
Adjustments | Accumulated Deficit
Costs and expenses
Net loss						89					89
Members' Equity [Abstract]
Net income (loss)						89					89
Members' equity, ending balance		89				89					89
Cash flows from operating activities:
Net loss						89					89
Adjustments | Noncontrolling Interests
Costs and expenses
Net loss						219					219
Members' Equity [Abstract]
Effect of the Reorganization Transactions and initial public offering on non-controlling interests						2,146					2,146
Purchase of OpCo Units in connection with the initial public offering						(201)					(201)
Effect of exchange of Dutch Bros OpCo Class A common units						(4)					(4)
Net income (loss)						219					219
Members' equity, ending balance		$ 2,160				2,160					2,160
Cash flows from operating activities:
Net loss						$ 219					$ 219
[1]Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.[2]2021 amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Loyalty Programs (Details)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Contract With Customer, Loyalty Rewards, Term	6 months

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Significant Accounting Policies - Vendor incentives and advertising expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accounting Policies [Abstract]
Vendor incentives	$ 13,808	$ 11,585	$ 32,700	$ 30,348
Advertising expense	$ 8,158	$ 7,602	$ 22,840	$ 19,948

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of revenue by major component (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue by major component	$ 198,648	$ 129,803	$ 537,185	$ 357,796
Company-operated shops
Disaggregation of Revenue [Line Items]
Revenue by major component	173,501	108,661	464,200	289,548
Franchising
Disaggregation of Revenue [Line Items]
Revenue by major component	23,802	20,396	69,028	65,589
Other
Disaggregation of Revenue [Line Items]
Revenue by major component	$ 1,345	$ 746	$ 3,957	$ 2,659

Revenue Recognition - Deferred

Revenue Recognition - Deferred revenue activity related to the Company’s loyalty and gift card programs (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Change In Contract With Customer, Liability [Roll Forward]
Less: current portion	$ (28,829)		$ (22,807)
Deferred revenue, net of current portion, gift card and loyalty programs	5,118		$ 5,030
Card, reward redemptions and breakage
Change In Contract With Customer, Liability [Roll Forward]
Beginning balance	22,765	$ 10,576
Revenue deferred - gift card activations, loyalty app loads, and loyalty points and rewards earned	186,303	122,326
Revenue recognized - gift card, loyalty app, and loyalty rewards redemptions, and breakage	(180,538)	(116,967)
Ending balance	28,530	15,935
Less: current portion	(25,371)	(13,681)
Deferred revenue, net of current portion, gift card and loyalty programs	$ 3,159	$ 2,254

Revenue Recognition - Deferre_2

Revenue Recognition - Deferred revenue (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Less: current portion	$ (28,829)		$ (22,807)
Deferred revenue, net of current portion, gift card and loyalty programs	5,118		5,030
Revenue recognized that was included in unearned revenue at the beginning of the year	3,600	$ 3,500
Outstanding performance obligations
Disaggregation of Revenue [Line Items]
Contract with customer, liability	3,027		2,512
Franchising
Disaggregation of Revenue [Line Items]
Contract with customer, liability	2,390		2,560
Revenue recognized that was included in unearned revenue at the beginning of the year	400	$ 500
Customer advances and sales to distributors and franchise fee
Disaggregation of Revenue [Line Items]
Contract with customer, liability	5,417		5,072
Less: current portion	(3,458)		(2,964)
Deferred revenue, net of current portion, gift card and loyalty programs	$ 1,959		$ 2,108

Revenue Recognition - Franchise

Revenue Recognition - Franchise fees (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Earned franchise fees			$ 3,600	$ 3,500
Franchising
Disaggregation of Revenue [Line Items]
Earned franchise fees			400	500
Franchising
Disaggregation of Revenue [Line Items]
Earned franchise fees	$ 117	$ 198	$ 390	$ 514

Revenue Recognition - Amortizat

Revenue Recognition - Amortization of franchise fees (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Unearned franchise fees, amortization	$ 2,390
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	3 months
Unearned franchise fees, amortization	$ 112
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 419
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 361
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 307
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Unearned franchise fees, amortization	$ 265
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, expected timing of satisfaction, period
Unearned franchise fees, amortization	$ 926

Shop Acquisitions - Narrative (

Shop Acquisitions - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($) store
Business Acquisition [Line Items]
Revenues of acquisitions included in current period results of operations | $	$ 6.7
Net income of acquisitions included in current period results of operations | $	$ 1.2
Franchise rights
Business Acquisition [Line Items]
Weighted-average amortization period (in years)	4 years 2 months 12 days
Washington
Business Acquisition [Line Items]
Number of franchises purchased shops from | store	5
Number of franchisees | store	1

Shop Acquisitions - Purchase pr

Shop Acquisitions - Purchase price allocation (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill	$ 21,629	$ 18,715
Shops purchased from franchisees
Business Acquisition [Line Items]
Purchase price consideration	6,051
Equipment and fixtures	197
Building and leasehold improvements	1,470
Inventories	67
Other assets	6
Operating lease right-of-use assets	2,327
Reacquired franchise rights	1,735
Other liabilities	(88)
Gift card liability	(250)
Operating lease obligations	(2,327)
Net assets acquired	3,137
Goodwill	$ 2,914

Shop Acquisitions - Pro forma i

Shop Acquisitions - Pro forma information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]
Revenue	$ 539,136	$ 366,564
Net loss	$ (16,058)	$ (108,218)

Inventories - Schedule of inven

Inventories - Schedule of inventories, net (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Raw materials	$ 16,070	$ 8,453
Finished goods	17,643	14,892
Total inventories	$ 33,713	$ 23,345

Inventories - Narrative (Detail

Inventories - Narrative (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 105	$ 2,126

Property and Equipment - Summar

Property and Equipment - Summary of property and equipment (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 391,889	$ 357,046
Less: accumulated depreciation	(64,289)	(55,048)
Property and equipment, net	$ 327,600	301,998
Software
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Property and equipment, gross	$ 7,430	7,132
Equipment and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 85,232	57,952
Equipment and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	3 years
Equipment and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	7 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 26,996	20,744
Leasehold improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Leasehold improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	15 years
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 134,640	168,395
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	10 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	20 years
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,211	5,242
Aircraft
Property, Plant and Equipment [Line Items]
Property and equipment, gross	9,195	9,531
Construction-in-progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 124,185	$ 88,050

Property and Equipment - Summ_2

Property and Equipment - Summary of property and equipment depreciation expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Property, Plant and Equipment [Line Items]
Depreciation	$ 7,634	$ 5,748	$ 20,600	$ 15,148
Cost of sales
Property, Plant and Equipment [Line Items]
Depreciation	6,932	5,048	18,486	13,186
Selling, general and administrative expenses
Property, Plant and Equipment [Line Items]
Depreciation	$ 702	$ 700	$ 2,114	$ 1,962

Intangible Assets and Goodwil_2

Intangible Assets and Goodwill - Schedule of intangible assets (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Less: accumulated amortization	$ (17,223)	$ (14,211)
Intangibles, net	$ 9,826	11,103
Franchise rights
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted-average amortization period (in years)	3 years 7 months 6 days
Reacquired franchise rights	$ 27,049	$ 25,314

Intangible Assets and Goodwil_3

Intangible Assets and Goodwill - Summary of intangible assets amortization expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cost of sales
Finite-Lived Intangible Assets [Line Items]
Cost of sales	$ 1,055	$ 948	$ 3,012	$ 2,579

Intangible Assets and Goodwil_4

Intangible Assets and Goodwill - Schedule of amortization of reacquired franchise rights (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Remainder of 2022	$ 1,022
Intangibles, net	9,826	$ 11,103
Reacquired franchise rights
Finite-Lived Intangible Assets [Line Items]
2023	3,389
2024	2,469
2025	1,435
2026	681
Thereafter	830
Intangibles, net	$ 9,826

Intangible Assets and Goodwil_5

Intangible Assets and Goodwill - Schedule of goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 18,715
Business combinations	2,914
Goodwill, ending balance	$ 21,629

Intangible Assets and Goodwil_6

Intangible Assets and Goodwill - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, impairment charges	$ 0	$ 0

Leases - Adoption of ASC 842 an

Leases - Adoption of ASC 842 and nature of leases (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($) renewal	Jan. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Catch up adjustment for ASU 2016-02	$ 125,683		$ 94,516
Operating lease liability adjustment	166,781
Recognition of operating right-of-use assets	$ 165,682
Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Term of lease renewals	5 years
Land | Ground Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options | renewal	1
Term of lease renewals	5 years
Minimum | Real Estate
Lessee, Lease, Description [Line Items]
Initial terms of real estate leases	15 years
Minimum | Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options | renewal	2
Maximum | Real Estate | Real Estate Lease, Five Year Renewal Option
Lessee, Lease, Description [Line Items]
Number of renewal options | renewal	3
Cumulative Effect, Period of Adoption, Adjustment
Lessee, Lease, Description [Line Items]
Catch up adjustment for ASU 2016-02		$ 400
Recognition of operating right-of-use assets		150,689
Cumulative Effect, Period of Adoption, Adjustment | Accounting Standards Update 2016-02
Lessee, Lease, Description [Line Items]
Operating lease liability adjustment		152,800
Recognition of operating right-of-use assets		$ 150,700

Leases - Summary of effect of a

Leases - Summary of effect of adoption (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Jan. 01, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Property and equipment, net	$ 327,600		$ 301,998
Operating lease right-of-use assets	165,682
Deferred rent	0		3,153
Current portion of finance lease obligations	7,004
Current portion of operating lease obligations	9,462		0
Current portion of long-term debt	2,608		103
Finance lease obligations, net of current portion	209,257
Operating lease obligations, net of current portion	157,319		0
Long-term debt, net of current portion	96,879		3,503
Accumulated deficit	(16,647)		(12,679)
Non-controlling interests	$ 118,119		119,213
As Reported
Lessee, Lease, Description [Line Items]
Accumulated deficit			(12,914)
Non-controlling interests			$ 116,688
Revision of Prior Period, Adjustment
Lessee, Lease, Description [Line Items]
Property and equipment, net		$ (6,171)
Finance lease right-of-use assets		3,745
Operating lease right-of-use assets		0
Deferred rent		0
Current portion of finance lease obligations		0
Current portion of operating lease obligations		0
Current portion of long-term debt		0
Finance lease obligations, net of current portion		0
Operating lease obligations, net of current portion		0
Long-term debt, net of current portion		(1,506)
Accumulated deficit		(264)
Non-controlling interests		(656)
Cumulative Effect, Period of Adoption, Adjustment
Lessee, Lease, Description [Line Items]
Property and equipment, net		(85,992)
Finance lease right-of-use assets		115,571
Operating lease right-of-use assets		150,689
Deferred rent		(3,153)
Current portion of finance lease obligations		607
Current portion of operating lease obligations		8,430
Current portion of long-term debt		(46)
Finance lease obligations, net of current portion		32,534
Operating lease obligations, net of current portion		144,405
Long-term debt, net of current portion		(2,932)
Accumulated deficit		122
Non-controlling interests		301
Cumulative Effect, Period of Adoption, Adjustment | As Reported
Lessee, Lease, Description [Line Items]
Property and equipment, net		(79,821)
Finance lease right-of-use assets		111,826
Operating lease right-of-use assets		150,689
Deferred rent		(3,153)
Current portion of finance lease obligations		607
Current portion of operating lease obligations		8,430
Current portion of long-term debt		(46)
Finance lease obligations, net of current portion		32,534
Operating lease obligations, net of current portion		144,405
Long-term debt, net of current portion		(1,426)
Accumulated deficit		386
Non-controlling interests		$ 957

Leases - Summary of finance and

Leases - Summary of finance and operating lease right-of-use assets and lease liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Right-of-use assets
Finance lease right-of-use assets, net	$ 214,903
Operating lease right-of-use assets, net	165,682
Total right-of-use assets	380,585
Finance leases
Current portion of finance lease obligations	7,004
Finance lease obligations, net of current portion	209,257
Operating leases
Current portion of operating lease obligations	9,462	$ 0
Operating lease obligations, net of current portion	157,319	$ 0
Total lease liabilities	$ 383,042

Leases - Lease cost (Details)

Leases - Lease cost (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Finance lease cost
Amortization of right-of-use assets	$ 3,121	$ 7,919
Interest on lease liabilities	2,482	6,261
Total finance lease cost	5,603	14,180
Operating lease cost	4,228	12,109
Variable lease cost	566	1,625
Total lease cost	$ 10,397	$ 27,914

Leases - Future minimum lease p

Leases - Future minimum lease payments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Finance Lease, Liability, Payment, Due [Abstract]
Remainder of 2022	$ 4,882
2023	17,527
2024	18,185
2025	18,417
2026	18,741
Thereafter	246,068
Total	323,820
Less: imputed interest	(107,559)
Present value of minimum lease payments	216,261
Less: current portion	(7,004)
Lease liabilities, net of current portion	209,257
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
Remainder of 2022	4,363
2023	15,601
2024	15,291
2025	15,009
2026	14,868
Thereafter	161,592
Total	226,724
Less: imputed interest	(59,943)
Present value of minimum lease payments	166,781
Less: current portion	(9,462)	$ 0
Lease liabilities, net of current portion	$ 157,319	$ 0

Leases - Schedule of minimum le

Leases - Schedule of minimum lease payments under previous guidance (Details) $ in Thousands	Dec. 31, 2021 USD ($)
Capital Lease Obligations [Abstract]
2022	$ 8,824
2023	8,672
2024	8,743
2025	8,926
2026	9,229
Thereafter	85,985
Total	130,379
Capital Leases, Future Minimum Payments, Interest Included in Payments	(47,402)
Present value of minimum lease payments	82,977
Less: current portion	(3,389)
Lease liabilities, net of current portion	79,588
Operating Lease, Liability [Abstract]
2022	12,398
2023	12,002
2024	11,699
2025	11,420
2026	11,297
Thereafter	125,774
Total	$ 184,590

Leases - Additional lease infor

Leases - Additional lease information (Details)	Sep. 30, 2022
Leases [Abstract]
Weighted-average remaining lease term (years), Finance leases	16 years 2 months 12 days
Weighted-average remaining lease term (years), Operating leases	15 years 1 month 6 days
Weighted-average discount rate (percentages), Finance leases	5.20%
Weighted-average discount rate (percentages), Operating leases	4.10%

Leases - Supplemental cash flow

Leases - Supplemental cash flow information regarding leases (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($)
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$ 6,261
Operating cash flows from operating leases	11,611
Financing cash flows from finance leases	3,144
Right-of-use assets obtained in exchange for lease obligations
Finance leases	135,987
Operating leases	$ 171,437

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)		9 Months Ended
	Feb. 28, 2022	Sep. 30, 2022	Sep. 30, 2021
Line of Credit Facility [Line Items]
Proceeds from line of credit		$ 122,705,000	$ 35,000,000
Long-term debt		100,678,000
The 2022 Credit Facility
Line of Credit Facility [Line Items]
Borrowing capacity	$ 500,000,000
The 2022 Credit Facility | Secured Debt
Line of Credit Facility [Line Items]
Delayed draw term loan facility	150,000,000
Borrowing capacity on term loan	100,000,000
Increase to borrowing capacity	$ 150,000,000
Term of credit facility	5 years
Amount drawn on credit facility	$ 100,000,000
Long-term debt		98,800,000
Balance outstanding on line of credit facility		98,750,000
Revolving Credit Facility | The 2022 Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	250,000,000
Proceeds from line of credit	$ 28,000,000
Balance outstanding on line of credit facility		87,700,000
Remaining borrowing capacity		$ 162,300,000
Interest rate on term loan		5.63%
Interest rate on line of credit facility		5.58%
Revolving Credit Facility | The 2022 Credit Facility | Line of Credit | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.20%
Revolving Credit Facility | The 2022 Credit Facility | Line of Credit | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage	0.45%
Letter of Credit | The 2022 Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	$ 50,000,000
Bridge Loan | The 2022 Credit Facility | Line of Credit
Line of Credit Facility [Line Items]
Borrowing capacity	$ 15,000,000

Debt - Schedule of debt instrum

Debt - Schedule of debt instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Line of Credit Facility [Line Items]
Finance lease obligation	$ 1,377
Finance lease obligation		$ 2,978
Total debt	100,678	3,606
Less: loan origination fees	(1,191)	0
Less: current portion	(2,608)	(103)
Long-term debt, net of current portion	96,879	3,503
Secured Debt | The 2018 Credit Facility
Line of Credit Facility [Line Items]
Terms loan under credit facility		0
Unsecured Debt
Line of Credit Facility [Line Items]
Unsecured note payable	$ 551	$ 628

Debt - Maturity schedule (Detai

Debt - Maturity schedule (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Debt Disclosure [Abstract]
Remainder of 2022	$ 666
2023	2,667
2024	4,549
2025	7,056
2026	13,313
Thereafter	72,427
Total debt	$ 100,678

Fair Value Measurements (Detail

Fair Value Measurements (Details) $ in Millions	Sep. 30, 2022 USD ($)
Interest rate swap contract | Level 2 | Fair Value, Recurring
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	$ 3.3

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - Designated as Hedging Instrument - Cash Flow Hedging - Interest rate swap contract	9 Months Ended
	Sep. 30, 2022 USD ($)
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate swap outstanding	$ 70,000,000
Fixed interest rate	2.67%
Expected reclassification of gain within the next twelve months	$ 1,000,000
SOFR
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Variable interest rate	3.03%

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of fair value derivative instruments included in condensed consolidated balance sheets (Details) - Designated as Hedging Instrument - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Total derivative instrument designated as cash flow hedge	$ 3,327	$ 0
Interest rate swap contract
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Prepaid expenses and other current assets	1,030	0
Other long-term assets	$ 2,297	$ 0

Derivative Financial Instrume_5

Derivative Financial Instruments - Schedule of derivatives instruments effect on condensed consolidated statement of operations (Details) - Interest rate swap contract - Designated as Hedging Instrument - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Income recognized in other comprehensive income before reclassifications	$ 2,651	$ 0	$ 2,935	$ 0
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Reclassification from accumulated other comprehensive income to earnings for the effective portion	77	0	409	0
Income Tax Expense (Benefit)
Derivative Instruments, Gain (Loss) [Line Items]
Income tax expense	$ (244)	$ 0	$ (294)	$ 0

Income Taxes - Provision for in

Income Taxes - Provision for income taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Income tax benefit	$ (3,371)	$ (1,280)	$ (2,700)	$ (716)
Effective tax rate		1.10%	14.10%	0.60%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) $ in Millions	Sep. 30, 2022 USD ($)
Valuation Allowance [Line Items]
Valuation allowance	$ 1.5
Net deferred tax assets	293.1
Tax receivable agreement, amount due	226.3
Secondary Offering
Valuation Allowance [Line Items]
Valuation allowance	130.6
Tax receivable agreement, amount due	$ 114.7

Equity and Equity-Based Compe_3

Equity and Equity-Based Compensation - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2022 USD ($)
Restricted stock awards
Class of Stock [Line Items]
Total fair value of restricted stock	$ 30.7
Restricted stock units
Class of Stock [Line Items]
Total fair value of restricted stock	$ 8.8
Granted before 2022 | Year one
Class of Stock [Line Items]
Vesting percentage	33.33%
Granted before 2022 | Year two
Class of Stock [Line Items]
Vesting percentage	33.33%
Granted before 2022 | Year three
Class of Stock [Line Items]
Vesting percentage	33.33%
Granted during or after 2022 | Year one
Class of Stock [Line Items]
Vesting percentage	0%
Granted during or after 2022 | Year two
Class of Stock [Line Items]
Vesting percentage	50%
Granted during or after 2022 | Year three
Class of Stock [Line Items]
Vesting percentage	50%
Granted during or after 2022, Cliff vested | Year one
Class of Stock [Line Items]
Vesting percentage	0%
Granted during or after 2022, Cliff vested | Year two
Class of Stock [Line Items]
Vesting percentage	0%
Granted during or after 2022, Cliff vested | Year three
Class of Stock [Line Items]
Vesting percentage	100%
Minimum
Class of Stock [Line Items]
Vesting period (in years)	3 years

Equity and Equity-Based Compe_4

Equity and Equity-Based Compensation - Restricted stock awards (Details) shares in Thousands	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	4,000
Vested (in shares) | shares	(1,333)
Ending balance (in shares) | shares	2,667
Weighted-average grant date fair value per share
Beginning balance (in dollars per share) | $ / shares	$ 23
Vested (in dollars per share) | $ / shares	23
Ending balance (in dollars per share) | $ / shares	$ 23
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (in shares) | shares	596
New grants (in shares) | shares	164
Vested (in shares) | shares	(203)
Forfeitures (in shares) | shares	(2)
Ending balance (in shares) | shares	555
Weighted-average grant date fair value per share
Beginning balance (in dollars per share) | $ / shares	$ 43.55
New grants (in dollars per share) | $ / shares	47.85
Vested (in dollars per share) | $ / shares	43.50
Forfeitures (in dollars per share) | $ / shares	49.37
Ending balance (in dollars per share) | $ / shares	$ 44.82

Equity and Equity-Based Compe_5

Equity and Equity-Based Compensation - Stock-based expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Selling, general and administrative expenses
Class of Stock [Line Items]
Selling, general and administrative expenses	$ 10,649	$ 124,779	$ 30,995	$ 147,761

Equity and Equity-Based Compe_6

Equity and Equity-Based Compensation - Schedule of recognition of stock based compensation expense (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Share-Based Payment Arrangement [Abstract]
Remainder of 2022	$ 10,611
2023	41,911
2024	3,133
2025	437
Total unrecognized stock-based compensation expense	$ 56,092

Non-Controlling Interests - Nar

Non-Controlling Interests - Narrative (Details)	Sep. 30, 2022 $ / shares
Class A common stock | Public Stock Offering - Shares From Continuing Members
Noncontrolling Interest [Line Items]
Number of shares issued in reorganization transaction	$ 1

Non-Controlling Interests - Sch

Non-Controlling Interests - Schedule of ownership interest (Details)	Sep. 30, 2022 shares
Restricted stock awards
Noncontrolling Interest [Line Items]
Number of RSAs not vested (in shares)	2,700,000
Dutch Bros OpCo Class A common units held by Dutch Bros Inc.
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	57,953,000
Class A common units held by Dutch Bros.	35.40%
Dutch Bros OpCo Class A common units held by non-controlling interest holders
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	105,756,000
Dutch Bros OpCo Class A common units held by non-controlling interest holders	64.60%
Total Dutch Bros OpCo Class A common units outstanding
Noncontrolling Interest [Line Items]
Common units outstanding (in units)	163,708,000
Ownership %	100%

Non-Controlling Interests - Sum

Non-Controlling Interests - Summary of changes in ownership of LLC (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Noncontrolling Interest [Line Items]
Net income (loss) attributable to Dutch Bros Inc.	[1]	$ 1,763	$ (11,077)	$ (4,090)	$ (11,077)
Other comprehensive income:
Unrealized gain on derivative securities, effective portion, net of income tax expense		2,467		3,033
Transfers from (to) non-controlling interests:
Decrease in additional paid-in capital as a result of the Reorganization Transactions		0	(195,936)	0	(195,936)
Decrease in accumulated deficit as a result of the adoption of ASC 842		0	0	122	0
Increase in additional paid-in capital as a result of equity-based compensation		3,656	9,802	10,083	9,802
Decrease in additional paid-in capital as a result of common stock issuances pursuant to vesting of equity awards, net of stock withheld for tax		0	(3,258)	(1,145)	(3,258)
Increase (decrease) in additional paid-in capital as a result of the acquisition of Dutch Bros OpCo Class A common units		4,528	(239,132)	9,408	(239,132)
Total effect of changes in ownership interest on equity attributable to Dutch Bros Inc.		10,650	(439,601)	15,226	(439,601)
Accumulated Other Comprehensive Income
Other comprehensive income:
Unrealized gain on derivative securities, effective portion, net of income tax expense		$ 703	$ 0	$ 848	$ 0
[1]2021 amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.

Non-Controlling Interests - S_2

Non-Controlling Interests - Schedule of non-controlling interest holders' weighted-average ownership percentage (Details)	1 Months Ended	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2022
Noncontrolling Interest [Abstract]
Weighted-average ownership percentage	71.30%	67%	68.50%

Income (Loss) Per Share - Compu

Income (Loss) Per Share - Computation of basic and diluted earnings (loss) per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands				3 Months Ended			9 Months Ended
		Sep. 30, 2021	[1]	Sep. 30, 2022	Sep. 30, 2021	Sep. 16, 2021	Sep. 30, 2022	Sep. 30, 2021	Sep. 16, 2021	[1]
Numerator:
Net income (loss)		$ (42,389)		$ 1,594	$ (116,830)		$ (16,436)	$ (109,763)
Less: net loss attributable to Dutch Bros OpCo before Reorganization Transactions				0	(74,441)	$ (74,441)	0	(67,374)	$ (67,374)
Less: net loss attributable to non-controlling interests	[2]			(169)	(31,312)		(12,346)	(31,312)
NET INCOME (LOSS) ATTRIBUTABLE TO DUTCH BROS INC	[2]			$ 1,763	$ (11,077)		$ (4,090)	$ (11,077)
Denominator:
Weighted-average number of shares of Class A and Class D common stock outstanding - basic (in shares)				53,118	45,807		50,719	45,807
Basic net loss per share attributable to common stockholders (in dollars per share)	[3]			$ 0.03	$ (0.24)		$ (0.08)	$ (0.24)
Numerator:
Undistributed income (loss) for basic computation	[2]			$ 1,763	$ (11,077)		$ (4,090)	$ (11,077)
Decrease in net income attributable to common stockholders upon conversion of potentially dilutive instruments				(1)	0		0	0
Allocation of undistributed income (loss)				$ 1,762	$ (11,077)		$ (4,090)	$ (11,077)
Denominator:
Number of shares used in basic computation (in shares)				53,118	45,807		50,719	45,807
Weighted-average number of shares of Class A and Class D common stock outstanding used to calculate diluted net loss per share (in shares)				54,418	45,807		50,719	45,807
Diluted net loss per share attributable to common stockholders (in dollars per share)	[3]			$ 0.03	$ (0.24)		$ (0.08)	$ (0.24)
Restricted stock awards
Denominator:
Restricted stock awards (in shares)				1,300	0		0	0
Restricted stock units (in shares)				1,300	0		0	0
[1]Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.[2]2021 amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.[3]Basic and diluted net loss per share of Class A and Class D common stock are applicable only for periods subsequent to September 14, 2021, the effective date of the Company’s Reorganization Transactions and IPO.

Income (Loss) Per Share - Antid

Income (Loss) Per Share - Antidilutive securities (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	555	4,597	3,222	4,597
Restricted stock awards
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	0	4,000	2,667	4,000
Restricted stock units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total anti-dilutive securities (in shares)	555	597	555	597

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Property Lease Guarantee
Other Commitments [Line Items]
Guarantor obligation in franchise lease payment	$ 1.6	$ 1.7

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Chief Executive Officer
Related Party Transaction [Line Items]
Donations to Dutch Bros Foundation	$ 1,866	$ 2,599	$ 5,086	$ 6,916

Segment Reporting (Details)

Segment Reporting (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) segment	Sep. 30, 2021 USD ($)
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Number of operating segments | segment			2
Revenues:	$ 198,648	$ 129,803	$ 537,185	$ 357,796
Cost of sales:	148,092	90,779	410,629	238,754
Depreciation and amortization:			31,531	17,727
Selling, general and administrative	(45,378)	(153,700)	(132,934)	(223,174)
Interest expense, net	(5,011)	(2,393)	(11,096)	(5,248)
Other expense, net	(1,944)	(1,041)	(1,662)	(1,099)
Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Cost of sales:		(281)		(1,115)
Segment contribution:		300		1,100
Selling, general and administrative		27		421
Loss before income taxes		300		1,500
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	198,648	129,803	537,185	357,796
Cost of sales:	148,092	90,779	410,629	238,754
Segment contribution:	61,658	45,021	155,967	134,808
Depreciation and amortization:	11,102	5,997	29,411	15,766
Operating Segments | Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Cost of sales:		(300)		(1,100)
Corporate, Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Selling, general and administrative	(45,378)	(153,700)	(132,934)	(223,174)
Interest expense, net	(5,011)	(2,393)	(11,096)	(5,248)
Other expense, net	(1,944)	(1,041)	(1,662)	(1,099)
Loss before income taxes	(1,777)	(118,110)	(19,136)	(110,479)
Corporate, Non-Segment | Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Selling, general and administrative				400
Corporate, Non-Segment | Adjustments | Maximum
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Selling, general and administrative		100
Company-operated shops
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	173,501	108,661	464,200	289,548
Company-operated shops | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	173,501	108,661	464,200	289,548
Cost of sales:	138,781	85,550	381,623	219,407
Segment contribution:	44,344	27,405	107,648	81,179
Depreciation and amortization:	9,624	4,294	25,071	11,038
Company-operated shops | Operating Segments | Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Cost of sales:		(300)		(1,100)
Segment contribution:		300		1,100
Franchising and other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	25,147	21,142	72,985	68,248
Franchising and other | Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Revenues:	25,147	21,142	72,985	68,248
Cost of sales:	9,311	5,229	29,006	19,347
Segment contribution:	17,314	17,616	48,319	53,629
Depreciation and amortization:	$ 1,478	1,703	$ 4,340	4,728
Franchising and other | Operating Segments | Adjustments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment contribution:		$ 300		$ 1,100

Uncategorized Items - bros-2022

Label	Element	Value
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	$ 34,100,000	[1]
APIC, Share-Based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	78,579,000
Member Units [Member]
APIC, Share-Based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	78,579,000
Noncontrolling Interest [Member]
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	24,298,000	[1]
Additional Paid-in Capital [Member]
APIC, Share-Based Payment Arrangement, Increase for Cost Recognition	us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	$ 9,802,000	[1]
[1]Amounts and balances have been updated to reflect reclassifications based on updated timing and sequence of certain Reorganization Transactions and purchase of Dutch Bros OpCo Class A common units in connection with the IPO from previously reported figures in the Company’s Form 10-Q for the period ended September 30, 2021, as filed with the SEC on November 12, 2021.