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Driven Brands (DRVN) Revenue & Revenue Breakdown

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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

DateRevenueChange
2023-12-30$2.30B13.32%
2022-12-31$2.03B38.57%
2021-12-25$1.47B62.27%
2020-12-26$904.20M50.63%
2019-12-31$600.27M21.83%
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

DateRevenueChange
2024-06-30$611.57M6.87%
2024-03-30$572.23M3.35%
2023-12-30$553.68M-4.71%
2023-09-30$581.03M-4.25%
2023-07-01$606.85M7.89%
2023-04-01$562.47M4.23%
2022-12-31$539.65M4.46%
2022-09-24$516.59M1.57%
2022-06-25$508.62M8.61%
2022-03-26$468.32M19.51%
2021-12-25$391.88M5.59%
2021-09-25$371.15M-0.98%
2021-06-26$374.83M13.78%
2021-03-27$329.42M14.18%
2020-12-26$288.51M7.75%
2020-09-30$267.76M59.55%
2020-06-30$167.82M-6.82%
2020-03-31$180.11M-1.42%
2019-12-31$182.70M43.75%
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/ServiceDec 23Dec 22Dec 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/ServiceMar 24Dec 23Sep 23Jul 23Apr 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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

CountryDec 23Dec 22Dec 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

TickerCompanyLast Year RevenueLast Quarter Revenue
LADLithia Motors$31.04B$9.22B
PAGPenske Automotive Group$29.53B$7.59B
ANAutoNation$26.95B$6.59B
KMXCarMax$26.54B$7.01B
GPIGroup 1 Automotive$17.87B$5.22B
ABGAsbury Automotive Group$14.80B$4.24B
SAHSonic Automotive$14.37B$3.49B
RUSHARush Enterprises$7.93B$1.90B
DRVNDriven Brands$2.30B$611.57M
KARKAR Auction Services$1.65B$448.40M
CARGCarGurus$914.24M$231.36M
CARSCars$689.18M$179.65M
ACVAACV Auctions$481.23M$171.33M
KFSKingsway Financial Services$103.24M$27.14M

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.