BrightView Holdings, Inc.

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.

BrightView Holdings, Inc. reported its fiscal year 2026 results, with Maintenance Services generating $2,004.6 million in net service revenues and Development Services generating $714.9 million. The company highlighted its strong position in the fragmented commercial landscaping market, which is valued at $123 billion. BrightView also detailed its operational structure, workforce of approximately 17,700 employees, and its ongoing 'One BrightView' initiative aimed at driving profitable growth.

BrightView Holdings, Inc. reported mixed results for the third quarter of fiscal 2026. Net service revenues increased 1.3% to $717.6 million, driven by a 2.3% rise in land maintenance revenue. However, net income significantly decreased by 81.1% to $6.1 million, and Adjusted EBITDA fell 15.1% to $96.1 million, impacted by a $16 million self-insurance adjustment and $4 million fuel headwind. The company also updated its fiscal year 2026 guidance and extended its term loan and credit facilities.

BrightView Holdings, Inc. announced the extension of its debt facilities. The company successfully extended the maturity of its senior secured term loans from April 2029 to June 2033 and its receivables financing facility from June 2027 to June 2029. Management stated these extensions reflect lender confidence and strengthen balance sheet flexibility, supporting strategic priorities and long-term value creation.

BrightView Holdings reported a 6.1% year-over-year increase in net service revenues to $702.9 million for Q2 Fiscal 2026, driven by strong snow removal and land maintenance revenue growth. Adjusted EBITDA reached a record $79.1 million, up 7.6%. Despite revenue growth, net income decreased by $4.7 million to $1.7 million. The company also raised its full-year 2026 total and land maintenance revenue guidance. Additionally, BrightView repriced and extended its revolving credit facility through April 22, 2031, and repurchased 1.1 million shares of common stock.

BrightView Holdings reported net service revenues of $702.9 million for the three months ended March 31, 2026, an increase from $662.6 million in the prior year. However, net income decreased to $1.7 million from $6.4 million, and the net loss attributable to common stockholders widened to $(7.1) million from $(2.4) million. For the six months, net service revenues rose to $1,317.7 million, but the net loss to common stockholders increased to $(31.4) million. The company also announced a subsequent event, Amendment No. 10 to its credit agreement, extending the maturity and reducing interest rates for its Revolving Credit Facility.