MCW Q1 2023 Earnings — Mister Car Wash, Inc. Revenue & Financial Results | Market Cap Arena

MCWMister Car Wash, Inc.

$2B

Q1 2023 Earnings

Consumer Cyclical Personal Products & Services

Income Statement

Revenue

$226M+3.0% YoY

Gross Profit

$159M70.4% margin

Operating Income

$46M20.2% margin

Net Income

$21M9.4% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

-$5M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.7B

Total Liabilities

$1.9B

Stockholders' Equity

$829M

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$226M	$219M	+3.0%
Gross Profit	$159M	$81M	+96.0%
Operating Income	$46M	$52M	-12.2%
Net Income	$21M	$35M	-40.4%