Driven Brands (DRVN) Revenue & Revenue Breakdown
Driven Brands Revenue Highlights
Latest Revenue (Y)
$2.30B
Latest Revenue (Q)
$611.57M
Main Segment (Y)
Company-Operated Store Sales
Main Geography (Y)
UNITED STATES
Driven Brands Revenue by Period
Driven Brands Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-30 | $2.30B | 13.32% |
| 2022-12-31 | $2.03B | 38.57% |
| 2021-12-25 | $1.47B | 62.27% |
| 2020-12-26 | $904.20M | 50.63% |
| 2019-12-31 | $600.27M | 21.83% |
| 2018-12-31 | $492.71M | - |
Driven Brands generated $2.30B in revenue during NA 2023, up 13.32% compared to the previous quarter, and up 467.62% compared to the same period a year ago.
Driven Brands Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $611.57M | 6.87% |
| 2024-03-30 | $572.23M | 3.35% |
| 2023-12-30 | $553.68M | -4.71% |
| 2023-09-30 | $581.03M | -4.25% |
| 2023-07-01 | $606.85M | 7.89% |
| 2023-04-01 | $562.47M | 4.23% |
| 2022-12-31 | $539.65M | 4.46% |
| 2022-09-24 | $516.59M | 1.57% |
| 2022-06-25 | $508.62M | 8.61% |
| 2022-03-26 | $468.32M | 19.51% |
| 2021-12-25 | $391.88M | 5.59% |
| 2021-09-25 | $371.15M | -0.98% |
| 2021-06-26 | $374.83M | 13.78% |
| 2021-03-27 | $329.42M | 14.18% |
| 2020-12-26 | $288.51M | 7.75% |
| 2020-09-30 | $267.76M | 59.55% |
| 2020-06-30 | $167.82M | -6.82% |
| 2020-03-31 | $180.11M | -1.42% |
| 2019-12-31 | $182.70M | 43.75% |
| 2019-03-30 | $127.09M | - |
Driven Brands generated $611.57M in revenue during Q2 2024, up 6.87% compared to the previous quarter, and up 108.73% compared to the same period a year ago.
Driven Brands Revenue Breakdown
Driven Brands Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Franchise And Royalty | $190.37M | $171.73M | $144.41M |
| Supply And Other | $292.06M | $254.15M | $199.38M |
| Independently-Operated Store Sales | $196.40M | $195.16M | $204.25M |
| Advertising | $98.85M | $87.75M | $75.60M |
| Company-Operated Store Sales | $1.53B | $1.32B | $843.65M |
Driven Brands's latest annual revenue breakdown by segment (product or service), as of Dec 23: Company-Operated Store Sales (66.25%), Supply And Other (12.68%), Independently-Operated Store Sales (8.52%), Franchise And Royalty (8.26%), and Advertising (4.29%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jul 23 | Apr 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Supply And Other | $75.61M | $73.27M | $73.93M | $76.19M | $68.68M | $68.70M | $67.33M | $62.86M | $55.26M | $52.18M | $50.74M | $54.73M | - |
| Advertising | $24.07M | $25.30M | $27.12M | $24.75M | $21.68M | $23.94M | $22.02M | $22.09M | $19.70M | $18.93M | $19.76M | $19.65M | $17.25M |
| Independently-Operated Store Sales | $53.05M | $38.75M | $43.58M | $61.53M | $52.53M | $36.66M | $40.47M | $54.94M | $63.09M | $43.76M | $47.94M | $56.38M | $56.16M |
| Franchise And Royalty | $45.05M | $49.69M | $47.36M | $49.80M | $43.52M | $43.43M | $45.56M | $44.85M | $37.89M | $37.17M | $38.95M | $37.87M | - |
| Company-Operated Store Sales | $374.46M | $366.67M | $389.04M | $394.58M | $376.07M | $366.92M | $341.21M | $323.88M | $292.39M | $239.84M | $213.75M | $206.20M | $183.85M |
Driven Brands's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Company-Operated Store Sales (65.44%), Supply And Other (13.21%), Independently-Operated Store Sales (9.27%), Franchise And Royalty (7.87%), and Advertising (4.21%).
Driven Brands Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Non-US | $202.36M | $202.09M | $207.88M |
| UNITED STATES | $1.97B | $1.69B | $1.14B |
| CANADA | $134.04M | $140.97M | $122.18M |
Driven Brands's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (85.40%), Non-US (8.78%), and CANADA (5.82%).
Driven Brands Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LAD | Lithia Motors | $31.04B | $9.23B |
| PAG | Penske Automotive Group | $29.53B | $7.70B |
| AN | AutoNation | $26.95B | $6.48B |
| KMX | CarMax | $26.54B | $7.11B |
| GPI | Group 1 Automotive | $17.87B | $4.70B |
| ABG | Asbury Automotive Group | $14.80B | $4.25B |
| SAH | Sonic Automotive | $14.37B | $3.45B |
| RUSHA | Rush Enterprises | $7.93B | $2.03B |
| DRVN | Driven Brands | $2.30B | $611.57M |
| KAR | KAR Auction Services | $1.65B | $431.80M |
| CARG | CarGurus | $914.24M | $218.69M |
| CARS | Cars | $689.18M | $180.18M |
| ACVA | ACV Auctions | $481.23M | $160.62M |
| KFS | Kingsway Financial Services | $103.24M | $26.45M |
DRVN Revenue FAQ
What is Driven Brands’s yearly revenue?
Driven Brands's yearly revenue for 2023 was $2.3B, representing an increase of 13.32% compared to 2022. The company's yearly revenue for 2022 was $2.03B, representing an increase of 38.57% compared to 2021. DRVN's yearly revenue for 2021 was $1.47B, representing an increase of 62.27% compared to 2020.
What is Driven Brands’s quarterly revenue?
Driven Brands's quarterly revenue for Q2 2024 was $611.57M, a 6.87% increase from the previous quarter (Q1 2024), and a 0.78% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $572.23M, a 3.35% increase from the previous quarter (Q4 2023), and a 1.74% increase year-over-year (Q1 2023). DRVN's quarterly revenue for Q4 2023 was $553.68M, a -4.71% decrease from the previous quarter (Q3 2023), and a 2.60% increase year-over-year (Q4 2022).
What is Driven Brands’s revenue growth rate?
Driven Brands's revenue growth rate for the last 3 years (2021-2023) was 57.03%, and for the last 5 years (2019-2023) was 283.83%.
What are Driven Brands’s revenue streams?
Driven Brands's revenue streams in c 23 are Franchise And Royalty, Supply And Other, Independently-Operated Store Sales, Advertising, and Company-Operated Store Sales. Franchise And Royalty generated $190.37M in revenue, accounting 8.26% of the company's total revenue, up 10.85% year-over-year. Supply And Other generated $292.06M in revenue, accounting 12.68% of the company's total revenue, up 14.92% year-over-year. Independently-Operated Store Sales generated $196.4M in revenue, accounting 8.52% of the company's total revenue, up 0.63% year-over-year. Advertising generated $98.85M in revenue, accounting 4.29% of the company's total revenue, up 12.65% year-over-year. Company-Operated Store Sales generated $1.53B in revenue, accounting 66.25% of the company's total revenue, up 15.25% year-over-year.
What is Driven Brands’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Driven Brands was Company-Operated Store Sales. This segment made a revenue of $1.53B, representing 66.25% of the company's total revenue.