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Dutch Bros vs Sadot: revenue, profit, margins and growth compared

Dutch Bros brought in $1.6B of revenue in fiscal 2025, Sadot $246.9M in fiscal 2025. Revenue changed by +27.9% at Dutch Bros and -64.8% at Sadot on the year before, so Dutch Bros grew faster. Dutch Bros kept 4.9% of its revenue as net profit, Sadot -37.8%.

Side by side, latest fiscal year

BROSSDOT
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$1.6B$246.9M
Revenue growth+27.9%-64.8%
Net income$79.8M-$93.4M
Net margin4.9%-37.8%
Free cash flow$54.4Mn/a
Free cash flow margin3.3%n/a
Earnings per share (diluted)$0.64n/a
Cash$269.4M$653K
Debt$202.5M$10.2M
Price to earnings59.2n/a
Market value$6.6B$14.5M
Dividend yieldn/an/a
Rank by revenue in sector#387 of 955 · Consumer discretionary#648 of 955 · Consumer discretionary

Over the years

Revenue
BROS FY2019: $238.4MBROS FY2021: $327.4MBROS FY2021: $497.9MBROS FY2022: $739MBROS FY2023: $965.8MBROS FY2024: $1.3BBROS FY2025: $1.6BSDOT FY2018: $6MSDOT FY2019: $5MSDOT FY2020: $4.5MSDOT FY2021: $10.3MSDOT FY2022: $161.7MSDOT FY2023: $717.5MSDOT FY2024: $700.9MSDOT FY2025: $246.9MFY18FY19FY20FY21FY22FY23FY24FY25
BROS $1.6BSDOT $246.9M
Net income
BROS FY2019: $0BROS FY2021: $0BROS FY2021: -$12.7MBROS FY2022: -$4.8MBROS FY2023: $1.7MBROS FY2024: $35.3MBROS FY2025: $79.8MSDOT FY2018: -$7.2MSDOT FY2019: -$28.4MSDOT FY2020: -$10.1MSDOT FY2021: -$8.2MSDOT FY2022: -$8MSDOT FY2023: -$7.8MSDOT FY2024: $4MSDOT FY2025: -$93.4MFY18FY19FY20FY21FY22FY23FY24FY25
BROS $79.8MSDOT -$93.4M
Net margin
BROS FY2019: 0.0%BROS FY2021: 0.0%BROS FY2021: -2.5%BROS FY2022: -0.6%BROS FY2023: 0.2%BROS FY2024: 2.8%BROS FY2025: 4.9%SDOT FY2018: -119.6%SDOT FY2019: -572.4%SDOT FY2020: -225.8%SDOT FY2021: -79.0%SDOT FY2022: -4.9%SDOT FY2023: -1.1%SDOT FY2024: 0.6%SDOT FY2025: -37.8%FY18FY19FY20FY21FY22FY23FY24FY25
BROS 4.9%SDOT -37.8%
Revenue growth
BROS FY2021: +37.4%BROS FY2021: +52.1%BROS FY2022: +48.4%BROS FY2023: +30.7%BROS FY2024: +32.6%BROS FY2025: +27.9%SDOT FY2019: -17.7%SDOT FY2020: -9.8%SDOT FY2021: +131.4%SDOT FY2022: +1,462.4%SDOT FY2023: +343.7%SDOT FY2024: -2.3%SDOT FY2025: -64.8%FY19FY20FY21FY22FY23FY24FY25
BROS +27.9%SDOT -64.8%
Free cash flow
BROS FY2019: $17.2MBROS FY2021: $13MBROS FY2021: -$38.1MBROS FY2022: -$128MBROS FY2023: -$88.5MBROS FY2024: $24.7MBROS FY2025: $54.4MSDOT FY2018: -$3MSDOT FY2019: -$5.7MSDOT FY2020: -$8.6MSDOT FY2021: -$6.7MSDOT FY2022: -$795KSDOT FY2023: -$20.7MSDOT FY2024: -$2.8MFY18FY19FY20FY21FY22FY23FY24FY25
BROS $54.4MSDOT -$2.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Dutch Bros and Sadot

Which is bigger by revenue, Dutch Bros or Sadot?

Dutch Bros is bigger by revenue: $1.6B in fiscal 2025, against $246.9M for Sadot in fiscal 2025.

Which keeps more of its revenue as profit, Dutch Bros or Sadot?

Dutch Bros had a net margin of 4.9% in fiscal 2025; Sadot had -37.8% in fiscal 2025.

Which grew revenue faster, Dutch Bros or Sadot?

In their latest fiscal years revenue changed by +27.9% at Dutch Bros and -64.8% at Sadot.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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