Dutch Bros vs Shake Shack: revenue, profit, margins and growth compared
Dutch Bros brought in $1.6B of revenue in fiscal 2025, Shake Shack $1.4B in fiscal 2025. Revenue changed by +27.9% at Dutch Bros and +15.4% at Shake Shack on the year before, so Dutch Bros grew faster. Dutch Bros kept 4.9% of its revenue as net profit, Shake Shack 3.2%. Free cash flow was $54.4M at Dutch Bros and $56.5M at Shake Shack.
Fiscal years as each company reports them; the two may end in different months.
Questions about Dutch Bros and Shake Shack
Which is bigger by revenue, Dutch Bros or Shake Shack?
Dutch Bros is bigger by revenue: $1.6B in fiscal 2025, against $1.4B for Shake Shack in fiscal 2025.
Which keeps more of its revenue as profit, Dutch Bros or Shake Shack?
Dutch Bros had a net margin of 4.9% in fiscal 2025; Shake Shack had 3.2% in fiscal 2025.
Which grew revenue faster, Dutch Bros or Shake Shack?
In their latest fiscal years revenue changed by +27.9% at Dutch Bros and +15.4% at Shake Shack.
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.