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Driven Brands Holdings Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-25-21Dec-26-20Dec-28-19Dec-29-18
   10-K10-K10-K10-K10-K
Revenue:       
Revenue  2,033.21,467.3904.2600.3492.7
            Revenue growth  38.6%62.3%50.6%21.8% 
Operating Expenses:       
Operating expenses       
Selling, general, and administrative expenses  383.5292.3218.3142.2200.8
Acquisition related costs  15.362.415.711.6 
Store opening costs  2.92.52.95.7 
Depreciation and amortization  147.2112.862.124.219.8
Trade name impairment  125.5    
Asset impairment charges and lease terminations  131.13.38.1  
    Total operating expenses  1,833.61,290.2809.5530.3434.5
    Operating income (loss)  199.6177.194.770.058.2
            Operating margin  9.8%12.1%10.5%11.7%11.8%
   
Other expenses, net:       
Interest expense, net  -114.1-75.9-95.6-54.7 
Other expense, net  131.3142.287.657.4 
Income (loss) before taxes  68.334.97.212.6 
Income tax expense (benefit)  25.225.411.44.82.8
    Net income (loss)  68.334.97.212.6 
Net loss attributable to non-controlling interest  0.0-0.10.00.0 
    Net income (loss) attributable to Driven Brands Holdings Inc.  43.29.6-4.27.77.1
   
Earnings (loss) per share:       
Basic (in dollars per share)  $0.26$0.06($0.04)$0.09$88,990.00
Diluted (in dollars per share)  $0.25$0.06($0.04)$0.09$88,990.00
   
Weighted average shares outstanding       
Basic (in shares)  162.8160.70.189.0 
Diluted (in shares)  166.7164.60.189.0 

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