BrightView Earnings Reports

BrightView posted Q4 results featuring a strong increase in net income and adjusted EBITDA, even as total revenue declined due to weakness in both Maintenance and Development Services. Margin improvement and cost control efforts supported profitability gains.

BrightView delivered a strong third quarter in fiscal year 2025, achieving record net income and Adjusted EBITDA, despite a slight decrease in total revenue. The company's strategic cost management initiatives significantly improved profitability margins across both Maintenance Services and Development Services segments, reflecting meaningful progress in its transformation strategy.

BrightView Holdings, Inc. experienced a decrease in net service revenues and net income for the three months ended March 31, 2025, compared to the same period in the prior year. However, the company saw an increase in Adjusted EBITDA, driven by cost management initiatives and increased snow removal services revenue. The Maintenance Services segment saw a revenue decrease due to strategic reductions in non-core businesses, while Development Services revenue increased due to higher project volumes.

BrightView reported a 4.4% decrease in total revenue to $599.2 million, driven by strategic reduction of non-core businesses, partially offset by core business growth. Net loss improved by 36.6% to $10.4 million, and adjusted EBITDA increased by 11.6% to $52.1 million. The company reaffirmed its fiscal year 2025 guidance.

BrightView's fourth quarter results demonstrated a strong finish to fiscal year 2024, marked by a 2.0% decrease in revenue to $728.7 million but highlighted by a 56.1% increase in net income to $25.6 million and a 3.5% increase in Adjusted EBITDA to a record $105.2 million. The company's strategic focus and operational efficiencies drove improved profitability and positioned it for continued growth in fiscal 2025.

BrightView reported a 3.6% year-over-year decrease in total revenue to $738.8 million, but net income increased by 39.9% to $23.5 million. Adjusted EBITDA increased by 6% to $107.9 million. The company reaffirmed the midpoint of its Revenue, EBITDA and Margin guidance for fiscal 2024, while raising its Free Cash Flow guidance.

BrightView reported a 3.5% increase in total revenue to $672.9 million, a 253% increase in net income to $33.7 million, and a 38.5% increase in Adjusted EBITDA to $64.8 million. The company reaffirmed its EBITDA guidance for fiscal year 2024 and raised its free cash flow guidance.

BrightView's first quarter fiscal 2024 saw a 4.5% decrease in total revenue to $626.7 million, but the company achieved a 13.2% decrease in net loss to $16.4 million and an adjusted EBITDA decrease of 3.9% to $46.7 million. The company reaffirmed its fiscal year 2024 guidance.

BrightView reported a 2.8% increase in total revenue to a record $743.7 million for the fourth quarter of fiscal year 2023. Net income increased by 7.2% to $16.4 million, and Adjusted EBITDA increased by 11.3% to $101.6 million.

BrightView reported a 2.5% increase in total revenue year-over-year to $766.0 million. Net income increased by 55.6% to $16.8 million, and Adjusted EBITDA increased by 8.0% to $101.8 million. The company is focused on operational excellence and strategic initiatives to drive value creation and shareholder return.

BrightView reported a strong first quarter with a 10.8% increase in total revenue to $655.9 million, driven by organic growth and acquisitions. Adjusted EBITDA increased by 14.1% to $48.6 million. Net loss was $18.9 million compared to a net loss of $12.8 million in the prior year period.

BrightView reported record revenues for the fourth quarter and fiscal year 2022. Total revenue increased by 7.4% to $723.4 million, driven by organic growth and acquisitions. Net income was $15.3 million, and adjusted EBITDA was $91.3 million.

BrightView reported a 9.2% increase in total revenue to $711.9 million for the second quarter of fiscal 2022. However, net income decreased to $0.7 million from $6.3 million in the prior year. The company completed four acquisitions with approximately $82 million of annualized revenue.

BrightView reported a 6.7% increase in total revenue to $591.8 million, driven by growth in both Maintenance and Development Services. However, the company experienced a net loss of $12.8 million, slightly higher than the previous year's $12.0 million. Adjusted EBITDA decreased by 18.7% to $42.6 million.

BrightView reported a strong fourth quarter with a 10.8% increase in total revenue, driven by Maintenance Services. The company saw a significant improvement in net income, shifting from a net loss in the prior year. Adjusted EBITDA remained relatively flat, with growth in Maintenance Services offset by a decrease in Development Services.

BrightView reported strong Q3 2021 results, with a 10.8% increase in total revenue to $673.6 million. Maintenance Land organic revenue growth was a key driver, increasing 11.7%. Net income improved to $25.2 million, and free cash flow generation remained strong.

BrightView reported a strong second quarter for fiscal year 2021, with total revenue increasing by 16.6% to $651.9 million. Net income was $6.3 million, a significant improvement compared to the prior year's net loss of $20.5 million. Adjusted EBITDA also saw a substantial increase of 71.7% to $66.8 million.

BrightView reported a decrease in total revenue to $554.4 million, driven by a decrease in Development Services revenues. Net Loss was $12.0 million. Adjusted EBITDA increased to $52.4 million. The company completed four acquisitions since the beginning of fiscal 2021, with approximately $80 million in annualized revenue.