Business
BrightView Reports 2Q26 Results With Land Maintenance Revenue Growth & Record Adjusted EBITDA; Raises FY26 Revenue Guidance
BLUE BELL, Pa., May 05, 2026--BrightView Holdings, Inc. (NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2026.
About this update from Brightview Holdings, Inc.
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(NYSE: BV) (the "Company" or "BrightView"), the leading commercial landscaping services company in the United States, today reported unaudited results for the second quarter ended March 31, 2026.","length":288,"tagName":"p"},{"type":"text","content":" SECOND QUARTER FISCAL 2026 SUMMARY ","length":34,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":" Net service revenues increased 6.1% year-over-year to $702.9 million, including an increase in land maintenance revenue of 4.0%, ","length":128,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":" Net income decreased $4.7 million year-over-year to $1.7 million, Net income margin of 0.2%, ","length":92,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":" Adjusted EBITDA 2 increased $5.6 million year-over-year to a record $79.1 million, Adjusted EBITDA margin 2 of 11.3%, ","length":115,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":" Raises full-year revenue guidance, ","length":34,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":" Repriced and extended revolving credit facility, ","length":48,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":" Repurchased 1.1 million shares of common stock. 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"The quarter was highlighted by 6% revenue growth underpinned by 4% growth in Land revenue, representing our first year-over-year increase in Land revenue since Q3 2023, alongside record Q2 Adjusted EBITDA. These results reflect the progress made executing against our transformation strategy. Since the start of my tenure, we have focused on strengthening the foundation of our business by prioritizing our employees, delivering best-in-class customer service, and leveraging our size and scale. Now, we are continuing to invest into our salesforce to further drive long-term sustainable growth, and as a result, we are raising our full-year total and Land revenue guidance. 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