---
title: "Mister Car Wash | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 277.91 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284689387.md"
datetime: "2026-04-30T03:57:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284689387.md)
  - [en](https://longbridge.com/en/news/284689387.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284689387.md)
---

# Mister Car Wash | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 277.91 M

Revenue: As of FY2026 Q1, the actual value is USD 277.91 M, beating the estimate of USD 274.68 M.

EPS: As of FY2026 Q1, the actual value is USD 0.1, beating the estimate of USD 0.0986.

EBIT: As of FY2026 Q1, the actual value is USD 59.01 M.

#### Net Revenues

Mister Car Wash, Inc.’s net revenues increased by 6% to $277.9 million for the first quarter of 2026, up from $261.7 million in the first quarter of 2025 .

#### Operational Metrics

Net income increased by 26.7% to $34.2 million for the first quarter of 2026, compared to $27.0 million in the first quarter of 2025 . Operating income for the first quarter of 2026 was $59.011 million, up from $52.967 million in the first quarter of 2025 . Total costs and expenses were $218.902 million in the first quarter of 2026, compared to $208.689 million in the first quarter of 2025 . Cost of labor and chemicals was $76.702 million in 2026, compared to $74.252 million in 2025 . Other store operating expenses were $113.319 million in 2026, compared to $109.667 million in 2025 . General and administrative expenses were $28.756 million in 2026, compared to $24.659 million in 2025 . Rent expense increased by 7% to $31.8 million in the first quarter of 2026 compared to the first quarter of 2025 . Adjusted EBITDA increased by 13% to $96.7 million for the first quarter of 2026, from $85.6 million in the first quarter of 2025 . Adjusted net income for the first quarter of 2026 was $44.3 million, up from $35.049 million in the first quarter of 2025 .

#### Cash Flow

Net cash provided by operating activities totaled $79.7 million for the three months ended March 31, 2026, compared to $87.6 million for the same period in 2025 . Free cash flow was $33.0 million for the first quarter of 2026, compared to $32.5 million for the first quarter of 2025 . Free cash flow excluding growth capital expenditures totaled $74.1 million for the first quarter of 2026, compared to $77.1 million for the first quarter of 2025 . Cash and cash equivalents totaled $54.6 million as of March 31, 2026, an increase from $28.5 million as of December 31, 2025 . Long-term debt, net, was $790.043 million as of March 31, 2026, compared to $796.893 million as of December 31, 2025 .

#### Unique Metrics

Comparable-store sales increased by 3.9% during the first quarter of 2026 . Unlimited Wash Club® (“UWC”) memberships increased by 11%, reaching approximately 2.5 million members, representing a year-over-year increase of 241 thousand members . UWC sales represented 76% of total wash sales in the first quarter of 2026, up from 73% in the first quarter of 2025 . Mister Car Wash, Inc. opened 2 new greenfield locations in the first quarter of 2026 . The total net number of car wash locations operated reached 549 as of March 31, 2026, a 6% increase from 518 locations as of March 31, 2025 . As of March 31, 2026, Mister Car Wash, Inc. had 493 car wash leases, compared to 474 as of March 31, 2025 .

#### Outlook / Guidance

No specific financial outlook or guidance was provided in this report due to a separately announced transaction .

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