Mister Car Wash Announces First Quarter 2026 Results

About this update from Mister Car Wash, Inc.

[{"type":"text","content":"Net revenues increased 6%Comparable-store sales increased 3.9%Unlimited Wash Club® (“UWC”) memberships increased 11%Opened 2 new greenfield locations","length":152,"tagName":"p"},{"type":"text","content":"TUCSON, Ariz., April 29, 2026 (GLOBE NEWSWIRE) -- Mister Car Wash, Inc. (the “Company”) (Nasdaq: MCW), the nation’s leading car wash brand, today announced its financial results for the quarter ended March 31, 2026.","length":215,"tagName":"p"},{"type":"text","content":"First Quarter 2026 Highlights:","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net revenues increased 6% to $277.9 million, up from $261.7 million in the first quarter of 2025.","length":97,"tagName":"p"}]},{"val":[{"type":"text","content":"Comparable-store sales increased 3.9% during the quarter.","length":57,"tagName":"p"}]},{"val":[{"type":"text","content":"UWC sales represented 76% of total wash sales compared to 73% in the first quarter of 2025.","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Ended the quarter with approximately 2.5 million UWC members, representing a year-over-year increase of 241 thousand members or 11%.","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"Opened 2 new greenfield locations, bringing the total net number of car wash locations operated to 549 as of March 31, 2026, an increase of 6% compared to 518 car wash locations as of March 31, 2025.","length":199,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income increased 26.7% to $34.2 million from $27.0 and net income per diluted share increased 25.5% to $0.10 from $0.08.","length":124,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted net income(1) and adjusted net income per diluted share(1) were $44.3 million and $0.13, respectively.","length":111,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA(1) increased 13% to $96.7 million from $85.6 million in the first quarter of 2025.","length":98,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":909,"olType":false},{"type":"text","content":"(1) Adjusted net income, adjusted EBITDA and adjusted net income per diluted share are non-GAAP financial measures. See Use of Non-GAAP Financial Measures and GAAP to Non-GAAP Reconciliations disclosures included below in this press release.","length":241,"tagName":"p"},{"type":"text","...

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