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Driven Brands Holdings Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJul-01-23Apr-01-23Dec-31-22Jun-25-22Mar-26-22Dec-25-21Sep-25-21Jun-26-21
   10-Q10-Q8-K10-Q10-Q10-K10-Q10-Q
Revenue:          
Revenue  606.9562.5539.7508.6468.3391.9371.1374.8
            Revenue growth  19.3%20.1%37.7%35.7%42.2%35.8%38.6%123.3%
Operating Expenses:          
Operating expenses          
Selling, general, and administrative expenses  96.8112.3135.098.092.273.771.677.9
Acquisition related costs  3.81.85.33.34.359.70.60.4
Store opening costs  1.41.0 0.70.51.10.70.4
Depreciation and amortization  45.438.239.538.133.034.128.426.4
Trade name impairment     125.5    
Asset impairment charges and lease terminations  6.00.2 124.60.90.1-0.32.2
    Total operating expenses  509.3485.3473.9544.3394.6391.9307.4311.2
    Operating income (loss)  97.677.265.8-35.773.70.063.763.6
            Operating margin  16.1%13.7%12.2%-7.0%15.7%0.0%17.2%17.0%
   
Other expenses, net:          
Interest expense, net  -40.9-38.1-35.2-26.3-25.4-23.5-17.7-16.6
(Gain) loss on foreign currency transactions  -1.3-1.7 13.91.0 1.1-5.2
Other expense, net  39.636.5 40.226.337.918.811.5
Income (loss) before taxes  58.040.7 -75.947.4-37.945.052.2
Income tax expense (benefit)  20.311.016.6-18.813.00.911.917.0
    Net income (loss)  58.040.7 -75.947.4-37.945.052.2
Net loss attributable to non-controlling interest      0.00.00.00.0
    Net income (loss) attributable to Driven Brands Holdings Inc.  37.729.727.4-57.034.4-38.833.135.2
   
Earnings (loss) per share:          
Basic (in dollars per share)  $0.23$0.18$0.16($0.34)$0.21($0.24)$0.20$0.21
Diluted (in dollars per share)  $0.22$0.17$0.16($0.34)$0.20($0.23)$0.19$0.21
   
Weighted average shares outstanding          
Basic (in shares)  162.9162.8162.7162.8162.8160.7162.6162.6
Diluted (in shares)  166.9166.9166.8162.8166.7164.6166.6166.5

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