Dutch Brothers

Dutch Bros exited Q3 of 2025 with 1,081 locations after debuting 38. It expanded into six new states as Q4 arrived to get to 24 nationwide. In 2026, it plans to open 175 restaurants, which would set a company record. For perspective, Dutch Bros hit the 500-store milestone in 2021 when it cut the ribbon on a Texas store. It took 29 years to get there. Dutch Bros has more than doubled since.