Dutch Bros Inc. (BROS) stock surged 12.18% in after-hours trading on Thursday, driven by the company's release of fourth-quarter financial results that significantly exceeded analyst expectations.

The quick-service beverage chain reported Q4 revenue of $443.61 million, a 29.4% year-over-year increase that beat the consensus estimate of approximately $424.75 million. Earnings per share came in at $0.17, surpassing the $0.09 to $0.10 estimate and representing a 142.86% increase over the same period last year.

Performance was bolstered by a 7.7% growth in system same-shop sales, fueled by a 5.4% increase in transactions, and the opening of 55 new shops during the quarter. The company also provided optimistic 2026 guidance, projecting revenue between $2 billion and $2.03 billion and same-shop sales growth of 3% to 5%, with plans to open at least 181 new shops.