Mister Car Wash, Inc. ( (MCW) ) has released its Q2 earnings. Here is a breakdown of the information Mister Car Wash, Inc. presented to its investors.
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Mister Car Wash, Inc., a leading car wash brand in North America, operates over 500 locations and is renowned for its subscription model and commitment to environmental practices. In its second quarter of 2025, Mister Car Wash reported a 4% increase in net revenues, reaching $265.4 million, and a 1.2% rise in comparable-store sales. The company also expanded its Unlimited Wash Club memberships by 5% and opened four new locations, enhancing its market presence. Key financial highlights include a net income of $28.6 million and an adjusted EBITDA of $87.0 million, although the latter saw a slight decrease compared to the previous year. For the first half of 2025, Mister Car Wash achieved a 7% increase in net revenues and a 3.6% rise in comparable-store sales, while opening eight new locations. The company generated $134.4 million in net cash from operating activities, reflecting strong cash flow management. Looking ahead, Mister Car Wash has updated its full-year 2025 outlook, projecting net revenues between $1,046 and $1,054 million and adjusted EBITDA of $338 to $342 million, indicating a steady growth trajectory.