Welcome to our dedicated page for Driven Brands Holdings SEC filings (Ticker: DRVN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Driven Brands Holdings Inc. filings document the regulatory record for a Delaware automotive services company whose common stock trades on the Nasdaq Global Select Market under DRVN. Recent disclosures include Form 8-K reports on expected operating results, segment reporting, delayed financial reporting, non-reliance on previously issued financial statements and related restatement matters.
The company’s SEC filings also cover Form 12b-25 late-filing notices for periodic reports, amendments and waivers under credit agreements and base indentures involving its subsidiaries, and formal updates tied to financial-statement deliverables. These records frame Driven Brands’ capital structure, reporting controls, governance oversight and material-event disclosures.
Driven Brands Holdings Inc. disclosed that it received a Nasdaq notice on June 1, 2026 stating it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Form 10‑Q for the quarter ended March 28, 2026 has not been filed.
The delay stems from a restatement of prior financial statements and the related late filing of its 2025 Form 10‑K, which was filed on May 19, 2026. The notice has no immediate effect on the listing or trading of the company’s common stock.
Driven Brands has 60 days, until July 31, 2026, to submit a compliance plan, and Nasdaq may allow up to November 25, 2026 for the company to regain compliance. Management states it is working to complete the Form 10‑Q as soon as practicable.
Driven Brands Holdings Inc. filed its Annual Report for the year ended December 27, 2025, which includes restated audited financial statements for 2024 and 2023 and restated interim results for multiple 2024 and 2025 quarters after identifying material errors in prior periods.
The company reports approximately $1.9 billion in net revenue from about $6.1 billion in system-wide sales in 2025, generated by over 4,200 locations across North America under brands such as Take 5 Oil, Meineke, Maaco, CARSTAR and Auto Glass Now. Management determined internal control over financial reporting and disclosure controls were ineffective due to material weaknesses and is implementing remediation actions.
Driven Brands Holdings Inc. reported fourth quarter and fiscal 2025 results and restated prior-period financial statements. Fiscal 2025 revenue rose 6.3% to $1.9 billion, while net income reached $140.2 million compared with a $297.5 million loss in 2024 as restated. Operating cash flow from continuing operations increased to $330.5 million from $244.0 million. Adjusted EBITDA was $449.1 million versus $443.2 million, and Adjusted EPS from continuing operations improved to $1.21 from $1.07. The company reported Take 5 same store sales growth of 3.7% in the fourth quarter, its 22nd consecutive quarter of growth, and system-wide sales of $6.09 billion in 2025. Management highlighted portfolio streamlining, debt reduction that brought the pro forma net leverage ratio to 3.3x Adjusted EBITDA, and an objective of achieving 3.0x by year-end 2026. Driven Brands completed a broad restatement of 2023–2024 results for lease, cash, accounts payable, accounts receivable, expense classification, and other adjustments and is enhancing internal controls over financial reporting.
Driven Brands Holdings Inc. executive Rebecca Fondell, SVP & Chief Accounting Officer, reported a routine tax-related share disposition. On May 9, 2026, the issuer automatically withheld 2,863 shares of common stock at $13.41 per share to cover her tax obligations from vesting restricted stock units. After this withholding, she directly holds 26,204 shares of Driven Brands common stock. This event reflects compensation-related tax settlement rather than an open-market stock sale.
Driven Brands Holdings Inc. director and Chief Executive Officer Daniel R. Rivera reported a routine tax-related share withholding. On May 9, 2026, the company automatically withheld 7,731 shares of Common Stock at $13.41 per share to satisfy his tax obligation from vesting restricted stock units. Following this withholding, Rivera directly holds 605,105 shares of Driven Brands common stock. This was an automatic tax-withholding disposition under the applicable restricted stock award agreement, not an open-market sale.
Driven Brands Holdings Inc. filed a Form 12b-25 notifying the SEC it cannot timely file its Form 10-Q for the quarter ended March 28, 2026 because a restatement of prior financial statements and related delays in completing its Form 10-K for the year ended December 27, 2025 remain in progress.
Management expects to report material weaknesses in internal control over financial reporting tied to account reconciliations, leases, intercompany/consolidation transactions, and manual journal entries. The company estimates Q1 2025 net revenue, adjusted for restatement and discontinued operations, of $441M–$451M versus a previously reported $516M; the excerpt attributes approximately $65M–$70M to discontinued operations and $1M–$5M to restatement impacts.
DRIVEN BRANDS HOLDINGS INC reports that FMR LLC beneficially owned 8,235,287.88 shares of common stock, representing 5.0% of the class as of 03/31/2026. The filing states sole voting power of 8,233,669 and sole dispositive power of 8,235,287.88.
The Schedule 13G also lists Abigail P. Johnson as having shared dispositive disclosure and references Exhibit 99 and an incorporated power of attorney executed April 13, 2026.
Driven Brands Holdings Inc. disclosed that two indirect subsidiaries entered into a limited waiver and amendment to their revolving credit facility. The amendment waives any defaults tied to the borrower’s notice that it intends to restate financial statements for fiscal 2023, 2024, and the first three quarters of 2025.
The amendment extends the deadline to deliver the 2025 borrower financial statements to June 10, 2026, and pushes the first‑quarter 2026 borrower financial statements to 45 days after that delivery. The company currently expects to meet the new June 10, 2026 deadline.
Driven Brands Holdings Inc. obtained a waiver under its securitization Base Indenture that extends several financial reporting deadlines. The waiver moves the due date to deliver the company’s audited 2025 Form 10-K to stakeholders to June 10, 2026.
The waiver also extends deadlines to provide first quarter 2026 financial statements for the company and related securitization entities, and to furnish 2025 annual accountants’ reports, using 45-day and 30-day windows tied to delivery of the 2025 annual financials. Midland Loan Services agrees not to trigger potential Rapid Amortization or Manager Termination Events solely due to these extensions, and charges a $10,000 consent fee.
Driven Brands Holdings Inc. reported preliminary, unaudited results for Q4 2025, FY 2025 and Q1 2026 and updated its SEC filing status. Q4 2025 revenue is estimated at $450–$460 million, with FY 2025 revenue at $1.85–$1.86 billion, excluding U.S. and international car wash operations. Adjusted EBITDA for FY 2025 is expected at $440–$450 million, pressured by expenses tied to restating prior financial statements. The company ended Q1 2026 with about $130 million in cash and estimates net debt of about $1.6 billion, down from roughly $2.1 billion as of December 27, 2025. Driven Brands has not yet filed its 2025 Form 10-K due to material errors and related restatement work and has identified material weaknesses in internal control over financial reporting and disclosure controls. Nasdaq notified the company it is not in compliance with listing rules because of the delayed 10-K; Driven Brands has until June 15, 2026 to submit a compliance plan and could have until October 12, 2026 to regain compliance.
Driven Brands Holdings Inc. reported preliminary, unaudited results for Q4 2025, FY 2025 and Q1 2026 and updated its SEC filing status. Q4 2025 revenue is estimated at $450–$460 million, with FY 2025 revenue at $1.85–$1.86 billion, excluding U.S. and international car wash operations. Adjusted EBITDA for FY 2025 is expected at $440–$450 million, pressured by expenses tied to restating prior financial statements. The company ended Q1 2026 with about $130 million in cash and estimates net debt of about $1.6 billion, down from roughly $2.1 billion as of December 27, 2025. Driven Brands has not yet filed its 2025 Form 10-K due to material errors and related restatement work and has identified material weaknesses in internal control over financial reporting and disclosure controls. Nasdaq notified the company it is not in compliance with listing rules because of the delayed 10-K; Driven Brands has until June 15, 2026 to submit a compliance plan and could have until October 12, 2026 to regain compliance.