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DRVN

Driven Brands Holdings Inc.

DRVN

Driven Brands Holdings Inc. • NASDAQ
$14.61 ▼ -0.41% (-0.06)
Market Cap $2.40 B
52w High $19.74
52w Low $13.44
Dividend Yield 0%
P/E -9.74
Volume 446.08K
Outstanding Shares 164.45M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $535.684M ▼ $145.177M ▼ $60.862M ▲ 11.362% ▲ $0.37 ▲ $97.634M ▲
Q2-2025 $550.988M ▲ $245.061M ▲ $47.564M ▲ 8.632% ▲ $0.29 ▲ $92.49M ▼
Q1-2025 $516.163M ▼ $236.557M ▼ $5.506M ▲ 1.067% ▲ $0.034 ▲ $98.291M ▲
Q4-2024 $564.117M ▼ $597.458M ▲ $-311.969M ▼ -55.302% ▼ $-1.91 ▼ $-279.508M ▼
Q3-2024 $591.679M $244.927M $-14.947M -2.526% $-0.09 $82.916M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $225.98M ▲ $4.153B ▼ $3.359B ▼ $793.49M ▲
Q2-2025 $166.131M ▲ $4.284B ▼ $3.54B ▼ $743.395M ▲
Q1-2025 $152.042M ▼ $5.302B ▲ $4.658B ▲ $643.243M ▲
Q4-2024 $169.954M ▼ $5.262B ▼ $4.654B ▼ $607.334M ▼
Q3-2024 $204.181M $5.76B $4.797B $962.807M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $60.862M ▲ $79.218M ▼ $92.293M ▼ $-172.935M ▲ $-68.133M ▼ $39.456M ▲
Q2-2025 $11.809M ▲ $81.81M ▲ $201.564M ▲ $-275.529M ▼ $-41.049M ▼ $19.228M ▲
Q1-2025 $5.506M ▲ $75.131M ▲ $-44.012M ▼ $-47.767M ▲ $-15.099M ▲ $18.904M ▲
Q4-2024 $-311.969M ▼ $32.939M ▼ $7.593M ▼ $-76.176M ▲ $-39.818M ▼ $-36.258M ▼
Q3-2024 $-14.947M $101.284M $85.452M $-124.598M $63.824M $37.897M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Advertising
Advertising
 $80.00M ▲$30.00M ▼$30.00M ▲$30.00M ▲
CompanyOperated Store Sales
CompanyOperated Store Sales
 $1.17Bn ▲$310.00M ▼$330.00M ▲$330.00M ▲
Franchise And Royalty
Franchise And Royalty
 $140.00M ▲$40.00M ▼$50.00M ▲$50.00M ▲
IndependentlyOperated Store Sales
IndependentlyOperated Store Sales
 $160.00M ▲$70.00M ▼$70.00M ▲$50.00M ▼
Supply And Other
Supply And Other
 $220.00M ▲$70.00M ▼$70.00M ▲$70.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Driven Brands has grown its sales steadily over the past several years, showing that demand for its auto service brands is healthy. However, this growth has not translated into consistent profitability. After a few years of modest profits, the company has recently moved into meaningful losses at the operating and net income levels. The story here is one of scale up and integration: revenues and gross profit keep rising, but costs, investments, and likely interest expense have outpaced that growth. The good news is that losses appear to be narrowing compared with the worst year, suggesting management is working on course corrections. The key issue to watch is whether the company can convert its strong top-line position into durable, predictable profits.

Balance Sheet

Balance Sheet The balance sheet shows a business built through expansion and acquisitions, with a large asset base but also substantial debt. Total assets grew rapidly and then started to edge down more recently, which lines up with divestitures and portfolio reshaping. Cash on hand is relatively modest for the size of the business, leaving less of a buffer for shocks. Debt levels are high compared with the company’s equity, indicating a leveraged capital structure. Equity grew in the early years after going public but has since declined, reflecting recent losses and restructuring. Management’s stated focus on paying down debt and simplifying the portfolio is important because the balance sheet does not have a lot of excess cushion.

Cash Flow

Cash Flow Driven Brands generates reasonably steady cash from its operations, which is a positive sign that the core franchise and service model is cash-generative even when accounting profits are under pressure. That said, operating cash flow has not kept pace with the strong growth in revenue, which suggests some efficiency and margin challenges in the background. Free cash flow has been negative in recent years, largely because the company has been investing heavily in new locations, technology, and network improvements. This is a classic growth-versus-cash trade-off: they are spending today to strengthen the platform for tomorrow. The sale of noncore assets, like the U.S. car wash business, is consistent with trying to rebalance toward healthier, self-funded growth.

Competitive Edge

Competitive Edge Driven Brands holds a leading position in a very fragmented auto services market. Its portfolio of well-known brands—spanning oil changes, collision repair, car care, and more—gives it broad coverage of everyday vehicle needs. This scale gives the company strong purchasing power, marketing reach, and brand recognition that many small independent shops cannot match. The franchise-heavy model is a key advantage. Franchisees benefit from centralized support, training, procurement, and technology, while maintaining local ownership. In a market still dominated by independents, this combination of scale plus local entrepreneurship is a meaningful moat. The main competitive risk is that consumer budgets and repair choices are sensitive to economic cycles, and the company must keep evolving as cars become more complex and more electric.

Innovation and R&D

Innovation and R&D Innovation at Driven Brands is focused less on traditional lab-style R&D and more on digital tools, data, and process design. The Driven Advantage marketplace simplifies purchasing for thousands of locations and strengthens ties with franchisees. Data integration across brands aims to create a true “one-stop” digital view of the customer’s vehicle, supporting smarter offers and better retention. Operationally, the company is experimenting with AI-based cameras in quick-lube locations, partnering with advanced diagnostics providers for complex repairs, and piloting electric vehicle service capabilities in select Meineke locations. The standout innovation on the customer side is the Take 5 model, which emphasizes speed and convenience. Expansion plans for this brand, along with further EV readiness and ADAS capabilities, will be important markers of how well Driven Brands is preparing for the next generation of vehicles.

Summary

Driven Brands is a scaled, franchise-driven auto services platform that has successfully grown its revenue and brand footprint, but is still working through the financial strain that came with that growth. The company’s income statement shows a tension between strong sales and weaker profitability, while the balance sheet reflects high leverage and limited flexibility. Cash generation from operations is solid but not yet strong enough to comfortably cover both growth investments and debt reduction, which is why portfolio simplification and deleveraging are front and center. On the strategic side, the company appears well positioned competitively, with a broad brand portfolio, a powerful franchise network, and a growing digital and data backbone. The main questions going forward are execution-related: can management convert scale and innovation into consistently higher margins, stronger free cash flow, and a leaner, more resilient balance sheet—while keeping pace with changing vehicle technology and customer expectations.

NEWS

November 22, 2025 · 11:49 PM UTC

Bragar Eagel & Squire is Investigating Certain Officers and Directors of Driven Brands and Jasper Therapeutics on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

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November 19, 2025 · 7:15 AM UTC

Driven Brands to Participate in the Morgan Stanley Global Consumer & Retail Conference

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November 7, 2025 · 6:05 PM UTC

Driven Brands Investigation Continued By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Driven Brands Holdings Inc. - DRVN

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November 4, 2025 · 7:15 AM UTC

Driven Brands Holdings Inc. Reports Third Quarter 2025 Results

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October 28, 2025 · 3:31 PM UTC

Shareholder Update Class Action Lawsuit Against Driven Brands Holdings Inc. Survives Motion to Dismiss: Johnson Fistel PLLP Continues to Investigate the Directors and Officers for Breach of Fiduciary Duties

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