Revenue: As of FY2026 Q1, the actual value is USD 614.7 M, beating the estimate of USD 588.57 M.EPS: As of FY2026 Q1, the actual value is USD -0.26, missing the estimate of USD -0.0935.EBIT: As of FY2026 Q1, the actual value is USD 6.4 M.<h3>Overall Company Performance (Three Months Ended December 31, 2025 vs. 2024)</h3><ul><li>Net Service Revenues: Increased 2.6% year-over-year to $614.7 million in 2025, compared to $599.2 million in 2024. </li><li>Net Loss: Expanded by $4.8 million year-over-year to -$15.2 million in 2025, from -$10.4 million in 2024. The Net loss margin was 2.5% in 2025 and 1.7% in 2024. </li><li>Adjusted EBITDA: Increased 2.7% year-over-year to $53.5 million in 2025, from $52.1 million in 2024. The Adjusted EBITDA margin remained at 8.7% in both periods. </li><li>Net Loss Available to Common Shareholders: Was -$24.2 million in 2025, compared to -$19.4 million in 2024. </li><li>Adjusted Net (Loss) Income: Was -$2.2 million in 2025, compared to $5.6 million in 2024. </li><li>Shares Repurchased: BrightView Holdings, Inc. repurchased 1.1 million shares of common stock. </li></ul><h3>Maintenance Services Segment (Three Months Ended December 31, 2025 vs. 2024)</h3><ul><li>Total Revenue: Increased 6.6% to $436.4 million in 2025, from $409.3 million in 2024, driven by a $36.0 million increase in snow removal revenue, partially offset by an $8.9 million decrease in commercial landscaping revenue. <ul><li>Landscape Maintenance Revenue: $368.0 million in 2025, down from $376.9 million in 2024. </li><li>Snow Removal Revenue: $68.4 million in 2025, up from $32.4 million in 2024. </li></ul></li><li>Adjusted EBITDA: Increased 2.3% to $35.4 million in 2025, from $34.6 million in 2024. </li><li>Adjusted EBITDA Margin: Decreased 40 basis points to 8.1% in 2025, from 8.5% in 2024. </li><li>Capital Expenditures: Totaled $48.7 million in 2025, compared to $41.7 million in 2024. </li></ul><h3>Development Services Segment (Three Months Ended December 31, 2025 vs. 2024)</h3><ul><li>Revenue: Decreased 6.6% to $179.2 million in 2025, from $191.8 million in 2024, primarily due to the timing and mix of projects. </li><li>Adjusted EBITDA: Increased 3.4% to $18.1 million in 2025, from $17.5 million in 2024. </li><li>Adjusted EBITDA Margin: Increased 100 basis points to 10.1% in 2025, from 9.1% in 2024. </li><li>Capital Expenditures: Totaled $6.0 million in 2025, compared to $17.0 million in 2024. </li></ul><h3>Cash Flow Metrics (Three Months Ended December 31, 2025 vs. 2024)</h3><ul><li>Net Cash Provided by Operating Activities: Decreased 40.3% to $36.1 million in 2025, from $60.5 million in 2024. </li><li>Adjusted Free Cash Flow: Was -$15.4 million in 2025, a decrease from $4.4 million in 2024. </li><li>Capital Expenditures: Totaled $54.7 million in 2025, compared to $58.7 million in 2024. </li><li>Net Capital Expenditures: Totaled $51.5 million in 2025, compared to $56.1 million in 2024. </li></ul><h3>Balance Sheet Metrics (as of December 31, 2025)</h3><ul><li>Total Financial Debt: $881.2 million as of December 31, 2025, compared to $877.4 million as of September 30, 2025. </li><li>Total Cash &amp; Equivalents: $37.0 million as of December 31, 2025, compared to $74.5 million as of September 30, 2025. </li><li>Total Net Financial Debt: $844.2 million as of December 31, 2025, compared to $802.9 million as of September 30, 2025. </li><li>Total Net Financial Debt to Adjusted EBITDA Ratio: 2.4x as of December 31, 2025, compared to 2.3x as of September 30, 2025. </li></ul><h3>Fiscal Year 2026 Guidance</h3>BrightView Holdings, Inc. reaffirmed its fiscal year 2026 guidance. The company expects total revenue between $2.670 billion and $2.730 billion, with Adjusted EBITDA projected between $363 million and $377 million. Adjusted Free Cash Flow is anticipated to be between $100 million and $115 million.

BrightView | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 614.7 M