BrightView Reports Fourth Quarter and Fiscal 2026 Results With Third Consecutive Quarter of Land Maintenance Revenue Growth; Introduces Fiscal 2027 Guidance Underpinned by Margin Expansion and Accelerated Growth in Recurring Land Business
Key Highlights
- ➤Fiscal 2026 revenue $2.7 billion, up 1.5% year-over-year
- ➤Fiscal 2026 net income plunged 98.2% to $1.0 million
- ➤Fiscal 2027 Land Maintenance revenue guided to approximately $1.763-$1.780 billion
- ➤Fiscal 2027 Adjusted EBITDA guided to $335-$355 million, about 13.2% margin
- ➤Net financial debt rose to $1.014 billion; leverage reached 3.1x
- ➤Fiscal 2026 share repurchases totaled 4.1 million shares
Expert Statements
Dale Asplund, President and Chief Executive Officer of BrightView
“We closed fiscal 2026 with our third consecutive quarter of Land Maintenance revenue growth.”
Dale Asplund, President and Chief Executive Officer of BrightView
“The underlying growth rate accelerated each quarter, reaching 3.3% in the fourth quarter, as improved customer retention and continued investment in our salesforce supported momentum in this highly recurring and predictable segment.”
Dale Asplund, President and Chief Executive Officer of BrightView
“For the full year, revenue increased 1.5%, and excluding the impact of non-routine items, Adjusted EBITDA improved modestly.”
Dale Asplund, President and Chief Executive Officer of BrightView
“Despite the macroeconomic environment driving softness in our Development business, we remain highly encouraged by the continued improvement in our foundational KPIs and remain focused on delivering long-term profitable growth and shareholder value.”
Dale Asplund, President and Chief Executive Officer of BrightView
“We enter fiscal 2027 expecting 3% to 4% growth in our recurring Land Maintenance business and a return to Adjusted EBITDA margin expansion, a testament to the progress we’ve made since the beginning of our transformation.”
BrightView Reports Fourth Quarter and Fiscal 2026 Results With Third Consecutive Quarter of Land Maintenance Revenue Growth; Introduces Fiscal 2027 Guidance Underpinned by Margin Expansion and Accelerated Growth in Recurring Land Business
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 three months and full fiscal year ended September 30, 2026.
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