Driven Brands Holdings Inc.
For the period ended Jun 27, 2026. Filed Aug 6, 2026.
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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 27, 2026 · Filed Aug 6, 2026
DRVN$11.89-1.6%Stored close · as of Nov 6, 2026
Contents
Consolidated Statements of Operations
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (in thousands, except per share amounts) | June 27, 2026 | June 28, 2025 | June 27, 2026 | June 28, 2025 |
| As Restated and Recast · As Restated and Recast | ||||
| Net revenue: | ||||
| Franchise royalties and fees | $51,662 | $49,180 | $98,925 | $93,890 |
| Company-operated store sales | 352,604 | 333,280 | 689,736 | 647,411 |
| Advertising contributions | 30,098 | 27,041 | 58,933 | 52,366 |
| Supply and other revenue | 73,052 | 65,712 | 144,263 | 129,158 |
| Total net revenue | 507,416 | 475,213 | 991,857 | 922,825 |
| Operating expenses: | ||||
| Company-operated store expenses | 208,643 | 192,322 | 403,900 | 379,445 |
| Advertising expenses | 30,098 | 27,040 | 58,933 | 52,365 |
| Supply and other expenses | 43,764 | 39,153 | 83,531 | 74,590 |
| Selling, general, and administrative expenses | 129,704 | 150,520 | 261,515 | 275,179 |
| Depreciation and amortization | 22,157 | 19,129 | 43,488 | 39,440 |
| Total operating expenses | 434,366 | 428,164 | 851,367 | 821,019 |
| Operating income | 73,050 | 47,049 | 140,490 | 101,806 |
| Other expenses, net: | ||||
| Interest expense, net | 20,791 | 31,146 | 44,243 | 67,412 |
| Foreign currency transaction loss (gain), net | 1,212 | (8,659) | 10,142 | (9,130) |
| Loss on debt extinguishment | — | — | 1,820 | — |
| Other expenses, net | 22,003 | 22,487 | 56,205 | 58,282 |
| Income before taxes from continuing operations | 51,047 | 24,562 | 84,285 | 43,524 |
| Income tax expense | 13,773 | 8,130 | 23,180 | 13,584 |
| Net income from continuing operations | $37,274 | $16,432 | $61,105 | $29,940 |
| (Loss) gain on sale of discontinued operations, net of tax | (3,027) | 38,948 | 26,259 | 38,948 |
| Net (loss) income from discontinued operations, net of tax | — | (1,336) | 1,713 | (4,918) |
| Net income | $34,247 | $54,044 | $89,077 | $63,970 |
| Basic earnings per share: | ||||
| Continuing Operations | $0.23 | $0.10 | $0.37 | $0.18 |
| Discontinued Operations | (0.02) | 0.23 | 0.17 | 0.21 |
| Net basic earnings per share | $0.21 | $0.33 | $0.54 | $0.39 |
| Diluted earnings per share: | ||||
| Continuing Operations | $0.23 | $0.10 | $0.37 | $0.18 |
| Discontinued Operations | (0.02) | 0.23 | 0.17 | 0.21 |
| Net diluted earnings per share | $0.21 | $0.33 | $0.54 | $0.39 |
| Weighted average shares outstanding | ||||
| Basic | 164,481 | 162,833 | 164,319 | 161,701 |
| Diluted | 164,936 | 164,150 | 164,774 | 162,984 |
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