Driven Brands Holdings Inc.

For the period ended Sep 27, 2025. Filed Nov 5, 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.

Sep 27, 2025 · Filed Nov 5, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Shareholders’ Equity

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)

	Three Months Ended
September 27, 2025 · September 28, 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	164,082,430		$1,641
Stock issued relating to Employee Stock Purchase Plan	31,912		—	29,432		—
Shares issued for exercise/vesting of share-based compensation awards	147,689		2	1,932		—
Balance at end of period	164,454,218		$1,645	164,113,794		$1,641
Additional paid-in capital
Balance at beginning of period		$1,720,825			$1,674,766
Share-based compensation expense		5,191			12,798
Stock issued relating to Employee Stock Purchase Plan		438			402
Tax obligations for share-based compensation		(1,280)			(18)
Balance at end of period		$1,725,174			$1,687,948
(Accumulated deficit) retained earnings
Balance at beginning of period		$(949,513)			$(675,667)
Net income (loss)		60,862			(14,947)
Balance at end of period		$(888,651)			$(690,614)
Accumulated other comprehensive loss
Balance at beginning of period		$(29,560)			$(57,950)
Other comprehensive (loss) income		(15,118)			21,782
Balance at end of period		$(44,678)			$(36,168)
Total shareholders’ equity		$793,490			$962,807

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (Unaudited)

	Nine Months Ended
September 27, 2025 · September 28, 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	76,605		1	73,196		—
Shares issued for exercise/vesting of share-based compensation awards	540,973		6	174,953		2
Forfeiture of restricted stock awards	(5,608)		—	(99,586)		(1)
Balance at end of period	164,454,218		$1,645	164,113,794		$1,641
Additional paid-in capital
Balance at beginning of period		$1,699,851			$1,652,401
Share-based compensation expense		28,269			35,641
Stock issued relating to Employee Stock Purchase Plan		961			904
Tax obligations for share-based compensation		(3,907)			(998)
Balance at end of period		$1,725,174			$1,687,948
(Accumulated deficit) retained earnings
Balance at beginning of period		$(1,002,583)			$(710,087)
Net income		113,932			19,473
Balance at end of period		$(888,651)			$(690,614)
Accumulated other comprehensive loss
Balance at beginning of period		$(91,572)			$(37,875)
Other comprehensive income		46,894			1,707
Balance at end of period		$(44,678)			$(36,168)
Non-controlling interests
Balance at beginning of period		$—			$644
Acquisition of non-controlling interest		—			(644)
Balance at end of period		$—			$—
Total shareholders’ equity		$793,490			$962,807

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.