Quarterly ResultNov 10, 2026, 04:18 PM
BrightView Holdings Q4 Revenue Down 3.6%; Full Year Revenue Up 1.5%
AI Summary
BrightView Holdings, Inc. reported its fourth quarter and full fiscal year 2026 results, showing a 3.6% decrease in Q4 net service revenue to $677.3 million, primarily due to a decline in Development Services. However, Maintenance Services revenue saw a 3.2% increase in Q4. For the full year, net service revenue grew 1.5% to $2.7 billion, with Maintenance Services up 6.0%. The company also provided fiscal year 2027 guidance, expecting 3% to 4% growth in Land Maintenance revenue and a return to Adjusted EBITDA margin expansion.
Key Highlights
- Fourth quarter net service revenue decreased 3.6% year-over-year to $677.3 million.
- Fourth quarter Maintenance Services revenue increased 3.2% to $495.7 million; Development Services revenue decreased 17.8% to $184.2 million.
- Full year net service revenue increased 1.5% to $2.7 billion, driven by Maintenance Services revenue growth of 6.0%.
- Full year net income was $1.0 million, a significant decrease from $56.0 million in the prior year.
- Repurchased 1.2 million shares in Q4 fiscal 2026, totaling 4.1 million shares for the full year.
- Introduced fiscal 2027 guidance: Land Maintenance Revenue ~$1.763 - $1.780 billion, Adjusted EBITDA $335 - $355 million.
Price Impact
More from BV