# Dutch Bros Inc. (BROS) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from Dutch Bros Inc.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/BROS/mda/fy2025/): filed 2026-02-13; accession 0001866581-26-000006 (https://www.sec.gov/Archives/edgar/data/1866581/000186658126000006/bros-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/BROS/mda/fy2024/): filed 2025-02-13; accession 0001866581-25-000048 (https://www.sec.gov/Archives/edgar/data/1866581/000186658125000048/bros-20241231.htm)
- [FY 2023 MD&A](/company/BROS/mda/fy2023/): filed 2024-02-23; accession 0001866581-24-000038 (https://www.sec.gov/Archives/edgar/data/1866581/000186658124000038/bros-20231231.htm)
- [FY 2022 MD&A](/company/BROS/mda/fy2022/): filed 2023-02-27; accession 0001866581-23-000038 (https://www.sec.gov/Archives/edgar/data/1866581/000186658123000038/bros-20221231.htm)
- [FY 2021 MD&A](/company/BROS/mda/fy2021/): filed 2022-03-11; accession 0001866581-22-000020 (https://www.sec.gov/Archives/edgar/data/1866581/000186658122000020/bros-20211231.htm)

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