DRVN earnings analysis
What we found in DRVN's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Driven Brands Holdings Inc. reported Q1 2026 net revenue of $484 million, up 8% year-over-year, driven mainly by same store sales growth across all segments. EPS of $0.14 was a significant improvement from $0.08 in the prior year, reflecting effective cost management despite non-recurring costs related to a financial restatement.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Growth of 8% YoY
- Net revenue rose to $484 million, compared to $448 million in Q1 2025.
- Significant EPS Improvement
- Reported EPS was $0.14, up from $0.08 a year prior.
- Strong Performance in Take 5 Segment
- Net revenue for Take 5 increased by $28 million, or 10%, benefiting from same store sales growth.
- Improved Adjusted EBITDA
- Adjusted EBITDA increased to $104 million, up from $102 million in Q1 2025.
- Decreased Interest Expense
- Interest expense dropped by $13 million to $23 million due to reduced borrowings.
- Robust Liquidity Position
- Total liquidity stood at $804 million, including cash of $133 million and undrawn credit of $671 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Restatement-Related Costs
- The company incurred $9 million in non-recurring costs associated with the financial restatement.
- Material Weaknesses in Internal Controls
- Ongoing issues with internal control over financial reporting remain unresolved.
- Foreign Currency Losses
- Reported foreign currency transaction losses of approximately $9 million, impacting net income.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.14
- Segment
- Take 5
- Segment
- Franchise Brands
- Segment
- Auto Glass Now
What they said about what is next.
Full-year 2026 revenue guidance remained unchanged.
The filing reads better than the one before it.
What came before.
- 10-K · May 19, 2026
- Driven Brands Holdings Inc. reported a 2025 fiscal year revenue of $1.9 billion, an increase of approximately 6.3%, driven by 7.9% and 6.2% same-store sales growth in its Auto Glass Now and Take 5 segments respectively.…
- 10-Q · November 5, 2025
- Driven Brands reported quarterly revenue of $535.7M and operating income of $61.9M for the three months ended September 27, 2025, both up versus the year-ago quarter. Diluted EPS from continuing operations was $0.37…
- 10-Q · August 7, 2025
- Driven Brands reported Q2 net revenue of $550,988,000 (up $32,192,000 vs $518,796,000 in Q2 2024) and net income of $47,564,000 (vs $30,159,000). Diluted EPS for the quarter was $0.29 (vs $0.18 prior-year quarter).…
- 10-Q · May 8, 2025
- Driven Brands reported quarterly net revenue of $516,163,000 (Q1 2025), up from $481,992,000 in Q1 2024, with operating income of $61,265,000 and net diluted EPS of $0.04. Operating cash flow was strong at $75,131,000…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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