Mister Car Wash Reports 4% Revenue Growth to $265.4 Million in Q2 2025

Mister Car Wash, Inc. reported a net revenue of $265.4 million for the second quarter of 2025, marking a 4% increase from $255.0 million in the same period last year. For the first half of 2025, the company achieved total revenues of $527.1 million, up 7% from $494.2 million in the first half of 2024. The increase in revenue was primarily driven by growth in its Unlimited Wash Club (UWC) membership, an expanded wash package mix, and the addition of 31 new locations year-over-year. The company’s net income for the second quarter was $28.6 million, compared to $22.1 million in the prior year, resulting in a net income margin of 10.8%.

In terms of operational metrics, Mister Car Wash reported a total of 522 locations as of June 30, 2025, an increase from 491 locations a year earlier. The number of UWC members reached approximately 2.2 million, reflecting a 5% growth since December 31, 2024. UWC sales accounted for 76% of total wash sales in the second quarter, up from 72% in the same quarter of 2024. The company also noted a comparable store sales growth of 1.2% for the quarter, down from 2.4% in the previous year, indicating a slight slowdown in growth for established locations.

Mister Car Wash's total costs and expenses for the second quarter were $211.3 million, up from $200.0 million in the same period last year. The increase was attributed to higher labor and chemical costs, which rose to $76.6 million, and other store operating expenses, which increased to $108.9 million. General and administrative expenses remained relatively stable at $25.1 million. The company reported a significant decrease in interest expenses, which fell to $15.2 million from $20.3 million, contributing to an overall improvement in profitability.

Looking ahead, Mister Car Wash plans to continue its growth strategy through both greenfield development and potential acquisitions. The company remains focused on enhancing its operational efficiencies and expanding its UWC membership base. As of June 30, 2025, the company had cash and cash equivalents of $26.4 million and $299.8 million in available borrowing capacity under its revolving credit facility, positioning it well to support its growth initiatives. The management expressed confidence in the company’s ability to generate sufficient cash flows to meet its operational needs and strategic investments over the next 12 months.