Filing Flows › Driven Brands Holdings (DRVN) › Q2 2025
Driven Brands Holdings (DRVN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Driven Brands Holdings (DRVN) reported revenue of $551M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +7% from the quarter before. Operating margin was 6.9%, net earnings $54.0M (9.8% of revenue).
Driven Brands Holdings, Q2 2025: revenue $551M (+6% year over year), operating margin 6.9%, net earnings $54.0M, operating cash flow $74.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $551M | +7% | +6% |
| Operating profit | $38.1M | -38% | -58% |
| Net earnings | $54.0M | +215% | +79% |
| Operating cash flow | $74.3M | -3% | +56% |
| Free cash flow | $5.9M | -71% | — |
What changed
Revenue was $551.0M in Q2 2025, up 6% year over year and up 7% from the previous quarter.
Operating profit was $38.1M, a 6.9% margin (down 10.4 points year over year). Operating profit fell $52.0M even though revenue rose $32.2M versus a year earlier, so costs grew faster than sales. Total costs grew 20% against revenue growth of 6%. The fastest-growing cost line was SG&A (+55%). Net earnings were $54.0M, up 79% year over year ($47.6M including minority interests, which bore $6.5M of losses). The effective tax rate was 13.1%. Non-operating items added $16.6M, 30% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $74.3M (up 56% year over year), 156% of net income including minority interests. Non-cash charges added back $19.1M of depreciation and amortization and $11.0M of share-based compensation. Capital expenditures of $68.4M left free cash flow of $5.9M.
Questions
What was Driven Brands Holdings' revenue in the second quarter 2025?
Driven Brands Holdings (DRVN) reported revenue of $551M for the second quarter 2025 (Q2 2025), +6% from a year earlier and +7% from the quarter before.
Was Driven Brands Holdings profitable in the second quarter 2025?
Operating profit was $38.1M (6.9% of revenue) and net earnings $54.0M.