Mister Car Wash Q1 revenue, adjusted EBITDA beat estimates

Mister Car Wash

29/04/2026 21:17

Overview

U.S. car wash operator's Q1 revenue rose 6%, beating analyst expectations

Q1 adjusted EBITDA beat consensus, up 13% year-over-year

Unlimited Wash Club memberships grew 11% year-over-year to 2.5 mln

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

MEMBERSHIP GROWTH - Unlimited Wash Club memberships rose 11% year-over-year to 2.5 mln, making up a larger share of total wash sales

COMPARABLE-STORE SALES - Comparable-store sales increased 3.9% during the quarter

NEW LOCATIONS - Opened 2 new greenfield locations, bringing total operated locations to 549, up 6% year-over-year

Company press release: ID:nGNX2zxL6j

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$277.91 mln
$274.55 mln (12 Analysts)
Q1 Net Income
$34.18 mln
Q1 Adjusted EBITDA
Beat
$96.70 mln
$88.66 mln (13 Analysts)
Q1 Operating income
$59.01 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 12 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the personal services peer group is "buy"

Wall Street's median 12-month price target for Mister Car Wash Inc is $7.00, about 1.1% below its April 28 closing price of $7.08

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)