Brightview Holdings 2025 Q4 Earnings 8.2% Net Income Growth Despite Revenue Miss

Brightview Holdings (BV) reported fiscal 2025 Q4 earnings on Nov 19, 2025, with revenue declining 3.6% to $702.80 million and EPS rising 12.7% to $0.20. The results missed analyst estimates for both revenue and adjusted EPS, while FY 2026 guidance aligned with consensus.

Revenue

The company’s total revenue fell to $702.80 million in Q4 2025, a 3.6% decline from $728.70 million in the prior year. Land Maintenance Revenue is projected at $1.70–$1.715 billion (+1–2%), while Development Services revenue is expected at $790–$805 million (0–2%). Snow Removal revenue remains at the 5-year average of $190–$220 million. The decline in Development Services (-8.2%) and Maintenance Services (-1.3%) underscored broader market challenges.

Earnings/Net Income

Brightview’s net income grew 8.2% to $27.70 million, with EPS rising to $0.20. Despite earnings growth, the revenue shortfall and below-estimate adjusted EPS ($0.27 vs. $0.32) highlight operational pressures.

Post-Earnings Price Action Review

Following the earnings report, Brightview’s stock price declined 0.17% in a single trading day, 4.67% for the week, and 9.75% month-to-date. The market’s reaction reflects concerns over revenue performance and margin sustainability, despite improved profitability.

CEO Commentary

CEO Dale Asplund emphasized a “strengthened foundation” driven by cost management and strategic investments, citing record Adjusted EBITDA of $113.5 million (+7.9% YoY) and 170 bps margin expansion. He reiterated confidence in long-term value creation and the $150 million share repurchase authorization.

Guidance

For FY 2026, Brightview expects total revenue of $2.67–$2.73 billion (0–2% growth) and Adjusted EBITDA of $363–$377 million, targeting 40–60 bps margin expansion. Adjusted Free Cash Flow is projected at $100–$115 million, with expanded share repurchase capacity.

Additional News

Brightview’s share repurchase authorization increased to $150 million, reflecting confidence in its “strong balance sheet.” The CEO highlighted strategic investments and cost management as key drivers of margin expansion. Analysts noted the company’s focus on operational efficiency despite macroeconomic headwinds.