Filing Flows › Driven Brands Holdings (DRVN) › Q1 2026
Driven Brands Holdings (DRVN) Q1 2026 earnings results (first quarter 2026)
10-Q filed Jun 11, 2026
Driven Brands Holdings (DRVN) reported revenue of $484M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +5% from the quarter before. Operating margin was 13.9%, net earnings $54.8M (11.3% of revenue).
Driven Brands Holdings, Q1 2026: revenue $484M (+8% year over year), operating margin 13.9%, net earnings $54.8M, operating cash flow $57.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $484M | +5% | +8% |
| Operating profit | $67.4M | -14% | +23% |
| Net earnings | $54.8M | +159% | +452% |
| Operating cash flow | $57.2M | -37% | -25% |
| Free cash flow | $23.1M | -36% | +169% |
What changed
Revenue was $484.4M in Q1 2026, up 8% year over year and up 5% from the previous quarter. Company-operated store sales was the largest line at 70% of revenue. Company-operated store sales added $23.0M year over year (up 7%), 62% of the total change.
Operating profit was $67.4M, a 13.9% margin (up 1.7 points year over year). Of the extra revenue versus Q1 2025, 34% reached operating profit, above the 12% margin then. Total costs grew 6% against revenue growth of 8%. Net earnings were $54.8M, up 219% year over year. The effective tax rate was 14.6%.
Operating cash flow was $57.2M (down 25% year over year), 104% of net earnings. Non-cash charges added back $21.3M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $24.7M. Capital expenditures of $34.1M left free cash flow of $23.1M.
Questions
What was Driven Brands Holdings' revenue in the first quarter 2026?
Driven Brands Holdings (DRVN) reported revenue of $484M for the first quarter 2026 (Q1 2026), +8% from a year earlier and +5% from the quarter before.
Was Driven Brands Holdings profitable in the first quarter 2026?
Operating profit was $67.4M (13.9% of revenue) and net earnings $54.8M.