Driven Brands Holdings Inc. is the largest automotive services company in North America with a portfolio of highly recognized brands including Take 5 Oil Change, Meineke Car Care Centers, MAACO, CARSTAR, AutoGlassNow, and 1-800-Radiator & A/C, operating over 4,200 franchised and company-operated locations across 49 states and Canada. During this period, the company completed the sale of its U.S. Car Wash business in April 2025 and its International Car Wash business in January 2026, classifying these as discontinued operations. The company is focused on its core automotive services operations while managing integration and strategic positioning in a competitive market.
Segment Performance
Total net revenue increased to $484.4 million in Q1 2026 from $447.6 million in Q1 2025, a 8.2% increase. Operating income increased to $67.4 million from $54.8 million. Company-operated store sales grew to $337.1 million from $314.1 million. Franchise royalties and fees increased to $47.3 million from $44.7 million. Advertising contributions rose to $28.8 million from $25.3 million. Supply and other revenue increased to $71.2 million from $63.4 million. Net income from continuing operations was $23.8 million versus $13.5 million prior year. Including discontinued operations, net income was $54.8 million versus $9.9 million, reflecting gains from the car wash business sales.
Forward Guidance
The company states that "forward-looking statements represent our estimates and assumptions only as of the date on which they are made, and we undertake no obligation to update or review publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law." The filing identifies forward-looking statements relating to strategy, future operations, future financial position, future revenue, operational and financial targets, dividend policy, capital allocation strategy, and growth prospects, but does not provide specific quantitative guidance or targets for future periods.
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+725.0%
EPS (Diluted)
$0.33
+153.8%
+725.0%
$1.66B
-11.8%
-36.5%
Total Liabilities
$2.66B
-21.6%
-42.9%
Stockholders' Equity
$796.7M
+3.8%
+23.9%
Key Risk Factors
Key risks include competition from diverse automotive service providers and dealerships; technological changes in automotive design and electric vehicles affecting service demand; supply chain disruptions and cost volatility for parts, labor, and materials; geopolitical uncertainties including tariffs and trade impacts; material weaknesses in internal controls over financial reporting requiring remediation; and operational challenges including franchisee compliance, new market entry, and acquisition integration. Additionally, the company faces risks from changes in consumer spending patterns, interest rate and commodity price fluctuations, insurance cost increases, and the need to maintain direct repair program relationships with insurance partners.
