Driven Brands Holdings Inc. reported its third‑quarter 2025 financial results, posting net revenue of $535.7 million, a 6.6% year‑over‑year increase, and system‑wide sales of $1.6 billion, up 4.7% from the same period last year.
The flagship Take 5 segment generated $306.4 million in revenue, up 14% YoY, with same‑store sales growing 6.8%. Franchise Brands revenue was $75.3 million, with same‑store sales rising modestly. The Car Wash segment reported $51.41 million in revenue, up 3.9% in same‑store sales. Corporate and Other revenue totaled $70.8 million, driven by a one‑time event that nearly doubled same‑store sales.
Net income from continuing operations reached $60.9 million, and adjusted EBITDA climbed to $136.3 million. The company’s net leverage ratio improved to 3.8× adjusted EBITDA, reflecting ongoing debt‑reduction efforts, including the sale of a U.S. car wash seller note in July 2025.
For fiscal‑year 2025, Driven Brands narrowed its outlook to revenue of $2.10‑$2.12 billion and adjusted EBITDA of $525‑$535 million. Management indicated that same‑store sales growth for the full year is expected at the lower end of its original 1%‑3% range, signaling a more conservative outlook amid competitive pressures.
Compared with Q3 2024, which saw revenue of $592 million and an adjusted EPS of $0.26, the company reversed a net loss of $14.9 million to a net income of $60.9 million. The turnaround reflects stronger demand across its service brands and disciplined cost management.
Driven Brands operates the largest automotive services network in North America, with approximately 4,800 locations under brands such as Take 5 Oil Change, Meineke, Maaco, and CARSTAR. The company continues to focus on expanding its footprint while maintaining profitability in a competitive industry.
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