Mister Car Wash, Inc. ( (MCW) ) has released its Q3 earnings. Here is a breakdown of the information Mister Car Wash, Inc. presented to its investors.
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Mister Car Wash, Inc., headquartered in Tucson, Arizona, is the leading car wash brand in the United States, known for its extensive network of locations and the largest car wash subscription program in North America. The company is committed to providing exceptional customer experiences with a focus on environmental responsibility.
In its third quarter of 2025, Mister Car Wash reported a 6% increase in net revenues, reaching $263.4 million. The company also saw a 3.1% rise in comparable-store sales and a 6% increase in Unlimited Wash Club memberships. Additionally, five new greenfield locations were opened, and the company completed the acquisition of five stores in Lubbock, Texas.
Key financial metrics for the quarter included a net income of $27.4 million and an adjusted EBITDA of $86.8 million, marking a 10% increase from the previous year. The company ended the quarter with over 2.2 million Unlimited Wash Club members and a total of 527 car wash locations. Free cash flow improved significantly, totaling $47.1 million compared to a negative $61.1 million in the previous year.
Looking forward, Mister Car Wash reiterated its full-year 2025 outlook, projecting net revenues between $1,046 million and $1,054 million, with comparable-store sales growth of 1.5% to 2.5%. The company plans to continue expanding its footprint with approximately 30 new greenfield locations by the end of the year.
Mister Car Wash’s management remains optimistic about future growth opportunities, focusing on expanding its market presence, investing in innovation, and enhancing its brand while maintaining its commitment to delivering a premier car wash experience.