- Adjusted EBITDA was $143 million, slightly below Q2 2024 by $0.2 million, with an adjusted EBITDA margin of 26%, down 160 basis points year-over-year.
- Debt was reduced by approximately $265 million in the quarter, with net leverage at 4.1x, improving to 3.9x pro forma after seller note monetization.
- Driven Brands grew revenue by 6% in Q2 2025, with system-wide sales increasing 3% supported by 184 net new stores over the last 12 months and 52 additions in the quarter.
- Franchise segment generated $45 million in adjusted EBITDA with a margin of 61%, despite softness in collision and Maaco businesses.
- Free cash flow was $31.9 million, supported by strong operating performance and asset sales.
- International Car Wash segment had 19% same-store sales growth and $27 million adjusted EBITDA with a 37% margin.
- Net income from continuing operations was $11.8 million, with adjusted net income of $59.1 million and adjusted diluted EPS of $0.36, down $0.01 from prior year due to divestiture impacts.
- Net interest expense was $31.4 million, slightly down from prior year, and income tax expense was $7.1 million.
- Operating expenses increased by $84.2 million year-over-year driven by higher store expenses, SG&A increases including losses from seller note receivable and investments in growth initiatives.
- Take 5 Oil Change delivered 10% adjusted EBITDA growth year-over-year, with same-store sales up 7% and 41 net new stores added in the quarter.
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Dafinchi