Driven Brands Holdings Inc.DRVNEarnings & Financial Report
Standard Brands was a packaged foods company, formed in 1929 by J. P. Morgan & Co. with the merger of:Fleischmann Company Royal Baking Powder Company E. W. Gillett Company of Canada (1929) - Toronto-based baking goods company founded by P. W. Gillett in 1852 Widlar Food Products Company Chase & Sanborn Coffee Company
Revenue
$518.8M
Gross Profit
N/A
Operating Profit
$90.1M
Net Profit
$30.2M
Gross Margin
N/A
Operating Margin
17.4%
Net Margin
5.8%
YoY Growth
-7.8%
EPS
$0.18
Driven Brands Holdings Inc. Q2 FY2024 Financial Summary
Driven Brands Holdings Inc. reported revenue of $518.8M (down 7.8% YoY) for Q2 FY2024, with a net profit of $30.2M (up 1.4% YoY) (5.8% margin).
Key Financial Metrics
| Total Revenue | $518.8M |
|---|---|
| Net Profit | $30.2M |
| Gross Margin | N/A |
| Operating Margin | 17.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Driven Brands Holdings Inc. Q2 FY2024 revenue of $518.8M breaks down across 6 segments, led by Car Wash Segment at $156.9M (30.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Car Wash Segment | $156.9M | 30.2% |
| Paint Collision And Glass Segment | $112.0M | 21.6% |
| Supply And Other | $81.7M | 15.7% |
| Platform Services Segment | $61.2M | 11.8% |
| Independently Operated Store Sales | $60.3M | 11.6% |
| Franchise And Royalty | $50.0M | 9.6% |
Driven Brands Holdings Inc. Revenue by Segment — Quarterly Trend
Driven Brands Holdings Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Car Wash Segment and Paint Collision And Glass Segment) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Car Wash Segment | $54.0M | $73.4M | — | $143.4M |
| Paint Collision And Glass Segment | — | — | — | $97.3M |
| Supply And Other | $74.3M | $69.7M | $65.4M | $57.7M |
| Platform Services Segment | — | — | — | $40.2M |
| Independently Operated Store Sales | $51.4M | $71.8M | — | $49.1M |
Driven Brands Holdings Inc. Annual Revenue by Year
Driven Brands Holdings Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.3B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.3B |
| 2022 | $2.0B |
Driven Brands Holdings Inc. Quarterly Revenue & Net Profit History
Driven Brands Holdings Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $535.7M | +6.6% | $60.9M | 11.4% |
| Q2 FY2025 | $551.0M | +6.2% | $47.6M | 8.6% |
| Q1 FY2025 | $516.2M | +7.1% | $5.5M | 1.1% |
| Q4 FY2024 | $836.5M | — | $-312.0M | -37.3% |
| Q3 FY2024 | $502.3M | -13.5% | $-14.9M | -3.0% |
| Q2 FY2024 | $518.8M | -7.8% | $30.2M | 5.8% |
| Q1 FY2024 | $482.0M | — | $4.3M | 0.9% |
| Q3 FY2023 | $581.0M | +12.5% | $-799.3M | -137.6% |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $581.0M | $482.0M | $518.8M | $502.3M | $836.5M | $516.2M | $551.0M | $535.7M |
| YoY Growth | 12.5% | N/A | -7.8% | -13.5% | N/A | 7.1% | 6.2% | 6.6% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.89B | $5.89B | $5.83B | $5.76B | $5.26B | $5.30B | $4.28B | $4.15B |
| Liabilities | $5.01B | $4.98B | $4.88B | $4.80B | $4.65B | $4.66B | $3.54B | $3.36B |
| Equity | $880.3M | $906.2M | $942.8M | $962.8M | $607.3M | $643.2M | $743.4M | $793.5M |
Cash Flow
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $175.2M | $60.3M | $46.9M | $101.3M | $32.9M | $75.1M | $80.4M | $79.2M |