Driven Brands Holdings Inc. (NASDAQ: DRVN) is an automotive services company that operates and franchises a network of over 4,200 locations across 49 U.S. states and Canada, offering oil changes, paint, collision, glass, and general repair services. Revenue comes from company-operated store sales, franchise royalties and fees, advertising fund contributions, and supply and other revenue. For FY2025 (fiscal year ended December 27, 2025), the company generated approximately $1.9 billion in net revenue from approximately $6.1 billion in system-wide sales. The network includes both franchised and company-operated locations, with the franchise segment generating $1.22 billion in net revenue in FY2025, of which company-operated store sales accounted for 83.9% and franchise royalties and fees accounted for 3.1%. The company carries significant debt, with interest expense of $121.2 million in FY2025, and is structured around a mix of asset-light franchise operations and directly operated stores. Brands include Take 5 Oil Change and Auto Glass Now.
Automotive services including oil changes (Take 5 Oil Change), auto glass repair, replacement, and calibration (Auto Glass Now), paint, collision repair, and general vehicle maintenance. Add-on products and premium service tiers sold at Take 5 Oil locations. Claims management services offered to commercial and insurance customers.
Four revenue streams: company-operated store sales (largest, 67.3% of total net revenue in FY2024 restated), franchise royalties and fees (10.8% in FY2024 restated), supply and other revenue (16.1% in FY2024 restated), and advertising fund contributions (5.9% in FY2024 restated). Franchise model generates royalties and fees from franchisee-operated locations; company-operated stores generate direct retail revenue.
Three customer categories: retail consumers, commercial customers (fleet operators), and insurance carriers. Commercial and insurance customers are served through centralized billing and a broad geographic network positioned as a one-stop service provider.
49 U.S. states and Canada, with over 4,200 total locations as of the 10-K filed 2026-05-19. Foreign operations generate foreign currency exposure, with $14.7 million in foreign currency transaction gains recorded in FY2025.
Loading...