Business
Mister Car Wash Announces Fourth Quarter and Full Year 2025 Results
Net revenues increased 4%Comparable-store sales increased 1.6%Unlimited Wash Club® (“UWC”) memberships increased 7%Opened 16 new greenfield locations TUCSON,
About this update from Mister Car Wash, Inc.
[{"type":"text","content":"Net revenues increased 4%Comparable-store sales increased 1.6%Unlimited Wash Club® (“UWC”) memberships increased 7%Opened 16 new greenfield locations TUCSON, Ariz., Feb. 18, 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 and year ended December 31, 2025. “We delivered a strong finish to 2025, highlighted by solid membership growth of 7% in the fourth quarter to end the year with nearly 2.3 million members, positioning us exceptionally well as we enter 2026,” said John Lai, Chairperson and CEO of Mister Car Wash. “In addition, we surpassed $1 billion in revenue for the full year for the first time in our history. These results reflect the consistency of our operating model, the strength of our customer value proposition, and the outstanding execution of our teams across the business.” Fourth Quarter 2025 Highlights: Net revenues increased 4% to $261.2 million, up from $251.2 million in the fourth quarter of 2024.Comparable-store sales increased 1.6% during the quarter.UWC sales represented 79% of total wash sales compared to 75% in the fourth quarter of 2024.Ended the quarter with approximately 2.3 million UWC members representing a year-over-year increase of 147 thousand members or 7%.Opened 16 new greenfield locations and acquired five locations, bringing the total net number of car wash locations operated to 548 as of December 31, 2025, an increase of 7% compared to 514 car wash locations as of December 31, 2024.Net income and net income per diluted share were $20.1 million and $0.06, respectively.Adjusted net income(1) and adjusted net income per diluted share(1) were $37.0 million and $0.11, respectively.Adjusted EBITDA(1) increased 10% to $86.0 million from $78.3 million in the fourth quarter of 2024. Full Year Highlights: Net revenues increased 6% to $1,051.7 million, up from $994.7 million in the prior year.Comparable-store sales increased 2.9%.Opened 29 new greenfield locations.Net income and net income per diluted share were $103.1 million and $0.31, respectively.Adjusted net income(1) and adjusted net income per diluted share(1) were $145.0 million and $0.44, respectively.Adjusted EBITDA(1) increased 8% to $345.4 million from $320.9 million in 2024. (1) Adjusted net income, adjusted EBITDA and adjus...