Filing Flows › Driven Brands Holdings (DRVN) › Q3 2025
Driven Brands Holdings (DRVN) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Driven Brands Holdings (DRVN) reported revenue of $536M for the third quarter 2025 (Q3 2025), +7% from a year earlier and -3% from the quarter before. Operating margin was 11.6%, net earnings $60.7M (11.3% of revenue).
Driven Brands Holdings, Q3 2025: revenue $536M (+7% year over year), operating margin 11.6%, net earnings $60.7M, operating cash flow $89.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $536M | -3% | +7% |
| Operating profit | $61.9M | +63% | +29% |
| Net earnings | $60.7M | +12% | — |
| Operating cash flow | $89.4M | +20% | -10% |
| Free cash flow | $45.7M | +680% | +38% |
What changed
Revenue was $535.7M in Q3 2025, up 7% year over year and down 3% from the previous quarter.
Operating profit was $61.9M, a 11.6% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 10% margin then. Total costs grew 4% against revenue growth of 7%. Net earnings were $60.7M. The effective tax rate was -55.2%.
Operating cash flow was $89.4M (down 10% year over year), 147% of net earnings. Non-cash charges added back $22.3M of depreciation and amortization and $5.0M of share-based compensation. Capital expenditures of $43.7M left free cash flow of $45.7M.
Questions
What was Driven Brands Holdings' revenue in the third quarter 2025?
Driven Brands Holdings (DRVN) reported revenue of $536M for the third quarter 2025 (Q3 2025), +7% from a year earlier and -3% from the quarter before.
Was Driven Brands Holdings profitable in the third quarter 2025?
Operating profit was $61.9M (11.6% of revenue) and net earnings $60.7M.