Driven Brands delivers strong profit amid footprint expansion and ad revenue growth
Driven Brands Holdings (NASDAQ:DRVN) reported a significant turnaround in its fourth-quarter bottom-line results, shaking off a prior-year net loss to deliver stable adjusted earnings supported by an expanded global automotive services retail footprint.
The Charlotte, North Carolina-based automotive services company—parent to brands including Take 5 Oil Change, Meineke, and Maaco—generated total revenue of $460.1 million for the three months ended December 27, 2025, marking an 8% increase compared to the prior-year period.
System-wide sales across its franchise and corporate network grew 2% to $1.5 billion, driven by a modest 0.5% increase in same-store sales and the addition of 175 net new store units.
Net income from continuing operations for the final quarter arrived at $40.7 million, or $0.25 per diluted share.
This represents a complete reversal from the net loss of $20.3 million, or $0.13 per share, recorded in the fourth quarter of fiscal 2024, which had been weighed down by impairment charges in its car wash division.
On an adjusted basis, net income from continuing operations was flat at $56.4 million, or $0.34 per diluted share.
Fourth-quarter adjusted EBITDA rose 7% year-over-year to $111.9 million.
For the full fiscal year 2025, Driven Brands reported revenue of $1.9 billion, a 6% increase over the prior year.
System-wide sales climbed 3% to $6.1 billion, underpinned by a 1% full-year gain in same-store sales and a cumulative 4% increase in its total store count.
Full-year net income from continuing operations surged to $132.1 million, or $0.80 per diluted share, up from a thin $0.5 million profit in fiscal 2024.
Total adjusted net income from continuing operations for the fiscal year rose to $199.2 million, translating to adjusted diluted earnings per share of $1.21 compared to $1.07 previously.
Full-year adjusted EBITDA edged up to $449.1 million, an absolute increase of $6 million over the prior year's baseline.