Driven Brands Holdings Inc.

For the period ended Jun 28, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2025 · Filed Aug 7, 2025

DRVN$12.26+3.1%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Shareholders’ Equity

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)

	Three Months Ended
June 28, 2025 · June 29, 2024
(in thousands, except share amounts) · Shares · Amount · Shares · Amount
Preferred stock, $0.01 par value per share	—		$—	—		$—
Common stock, $0.01 par value per share
Balance at beginning of period	164,274,617		$1,643	164,079,581		$1,641
Shares issued for exercise/vesting of share-based compensation awards	—		—	2,849		—
Balance at end of period	164,274,617		$1,643	164,082,430		$1,641
Additional paid-in capital
Balance at beginning of period		$1,709,580			$1,664,764
Share-based compensation expense		11,290			10,982
Tax obligations for share-based compensation		(45)			(980)
Balance at end of period		$1,720,825			$1,674,766
(Accumulated deficit) retained earnings
Balance at beginning of period		$(997,077)			$(705,826)
Net income		47,564			30,159
Balance at end of period		$(949,513)			$(675,667)
Accumulated other comprehensive loss
Balance at beginning of period		$(70,903)			$(54,407)
Other comprehensive income (loss)		41,343			(3,543)
Balance at end of period		$(29,560)			$(57,950)
Non-controlling interests
Balance at beginning of period		$—			$644
Acquisition of non-controlling interest		—			(644)
Balance at end of period		$—			$—
Total shareholders’ equity		$743,395			$942,790

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)

	Six Months Ended
June 28, 2025 · June 29, 2024
(in thousands, except share amounts) · Shares · Amount · Shares · Amount
Preferred stock, $0.01 par value per share	—		$—	—		$—
Common stock, $0.01 par value per share
Balance at beginning of period	163,842,248		$1,638	163,965,231		$1,640
Stock issued relating to Employee Stock Purchase Plan	44,693		1	43,764		—
Shares issued for exercise/vesting of share-based compensation awards	393,284		4	173,021		2
Forfeiture of restricted stock awards	(5,608)		—	(99,586)		(1)
Balance at end of period	164,274,617		$1,643	164,082,430		$1,641
Additional paid-in capital
Balance at beginning of period		$1,699,851			$1,652,401
Share-based compensation expense		23,078			22,843
Stock issued relating to Employee Stock Purchase Plan		523			502
Tax obligations for share-based compensation		(2,627)			(980)
Balance at end of period		$1,720,825			$1,674,766
(Accumulated deficit) retained earnings
Balance at beginning of period		$(1,002,583)			$(710,087)
Net income		53,070			34,420
Balance at end of period		$(949,513)			$(675,667)
Accumulated other comprehensive loss
Balance at beginning of period		$(91,572)			$(37,875)
Other comprehensive income (loss)		62,012			(20,075)
Balance at end of period		$(29,560)			$(57,950)
Non-controlling interests
Balance at beginning of period		$—			$644
Acquisition of non-controlling interest		—			(644)
Balance at end of period		$—			$—
Total shareholders’ equity		$743,395			$942,790

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.