BV

EX-99.1

2 bv-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

BRIGHTVIEW REPORTS THIRD QUARTER FISCAL 2026 RESULTS WITH SECOND CONSECUTIVE QUARTER OF LAND MAINTENANCE REVENUE GROWTH

BLUE BELL, PA, August 4, 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 third quarter ended June 30, 2026.

THIRD QUARTER FISCAL 2026 SUMMARY

• Net service revenues increased 1.3% year-over-year to $717.6 million, including an increase in land maintenance revenue of 2.3%,

• Net income decreased $26.2 million year-over-year to $6.1 million, Net Income margin of 0.9%

• Adjusted EBITDA2 decreased $17.1 million year-over-year to $96.1 million, Adjusted EBITDA margin2 of 13.4%,

o Fiscal 2026 Adjusted EBITDA2 includes $16 million non-routine self-insurance adjustment and $4 million fuel headwind.

• Extended term loan, revolving credit facility and accounts receivable securitization agreement.

COMPANY UPDATES FISCAL YEAR 2026 GUIDANCE1

2026 Guidance

Total Revenue

$2.750 to $2.780 billion

Land Maintenance Revenue

~ +2% to ~ +3%

Snow Removal Revenue

~ $290 million

Development Services Revenue

~ (5%) to ~ (3%)

Adjusted EBITDA2

$340 to $345 million

Adjusted Free Cash Flow2

$70 to $80 million

"We delivered our second consecutive quarter of Land Maintenance revenue growth, underpinned by the strategic investments we’ve made in our business”, said Dale Asplund, BrightView President and Chief Executive Officer. “Our continued focus on prioritizing our front-line employees and customers, expanding our salesforce, and commitment to operational excellence continue to strengthen our business and positions us to deliver sustainable growth over the near and long term. While this quarter had non-routine headwinds related to our self-insurance adjustment and higher fuel prices, we believe these costs don’t impact the long-term trajectory of the business and we remain focused and optimistic on delivering against our long-term outlook.”

1 For assumptions underlying the fiscal year 2026 guidance, see the Q3 2026 presentation at investor.brightview.com

2 Adjusted EBITDA, Adjusted EBITDA margin, and Adjusted Free Cash Flow are non-GAAP measures. Refer to the “Non-GAAP Financial Measures” section for more information. The Company is not providing quantitative reconciliations of its financial outlook for Adjusted EBITDA to net income, or Adjusted Free Cash Flow to Cash flows provided by operating activities, the corresponding GAAP measures, because the respective GAAP measures that are excluded from the non-GAAP financial outlook are difficult to reliably predict or estimate without unreasonable effort due to their dependence on future uncertainties, such as items discussed below under "Forward Looking Statements." Additionally, information that is currently not available to the Company could have a potentially unpredictable and potentially significant impact on its future GAAP financial results.

Third Quarter Fiscal 2026 Results – Total BrightView

Total BrightView - Operating Highlights

Three Months Ended June 30,

Nine Months Ended June 30,

($ in millions, except per share figures)

2026

2025

Change

2026

2025

Change

Revenue

$

717.6

$

708.3

1.3%

$

2,035.3

$

1,970.0

3.3%

Net Income (Loss)

$

6.1

$

32.3

(81.1%)

$

(7.4

)

$

28.3

(126.1%)

Net Income (Loss) Margin

0.9

%

4.6

%

(370) bps

(0.4

%)

1.4

%

(180) bps

Adjusted EBITDA

$

96.1

$

113.2

(15.1%)

$

228.6

$

238.8

(4.3%)

Adjusted EBITDA Margin

13.4

%

16.0

%

(260) bps

11.2

%

12.1

%

(90) bps

Net (loss) income available to common shareholders

$

(2.8

)

$

14.9

(118.8%)

$

(34.2

)

$

1.0

(3,520.0%)

Weighted average number of common shares outstanding

93.1

95.2

(2.2%)

93.9

95.3

(1.5%)

Basic (Loss) per Share

$

(0.03

)

$

0.16

(118.8%)

$

(0.36

)

$

0.01

(3,700.0%)

Adjusted Net Income

$

25.4

$

45.5

(44.2%)

$

36.5

$

72.6

(49.7%)

Adjusted weighted average number of common shares outstanding

147.3

149.5

(1.5%)

148.2

149.6

(0.9%)

Adjusted Earnings per Share

$

0.17

$

0.30

(43.3%)

$

0.25

$

0.48

(47.9%)

Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net (Loss) Income, Adjusted Earnings (Loss) per Share, and Adjusted weighted average number of common shares outstanding are non-GAAP measures. Refer to the “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” sections for more information. Basic Earnings (Loss) per Share is determined by dividing Net Income (Loss) available to common shareholders by the Weighted average number of common shares outstanding. Net income (Loss) available to common shareholders is calculated as Net Income (Loss) less dividends declared on Series A Convertible Preferred Shares and Earnings allocated to Convertible Preferred Shares

For the three months ended June 30, 2026, total revenue

8-K

0001734713false00017347132026-02-032026-02-03

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 3, 2026

BrightView Holdings, Inc. (Exact name of registrant as specified in its charter)

Delaware

001-38579

46-4190788

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

980 Jolly Road Blue Bell, Pennsylvania 19422 (484) 567-7204

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, $0.01 par value

BV

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On February 3, 2026, BrightView Holdings, Inc (the "Company") issued a press release reporting its results of operations for the quarter ended December 31, 2025. A copy of the press release is being furnished with this report as Exhibit 99.1.

The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission (the "SEC") pursuant to Item 2.02 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of the Company’s filings with the SEC under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number

Description

99.1

Press Release issued by BrightView Holdings, Inc. on February 3, 2026.

104.1

Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BrightView Holdings, Inc.

Date: February 3, 2026

By:

/s/ Jonathan M. Gottsegen

Name:

Jonathan M. Gottsegen

Title:

Executive Vice President, Chief Legal Officer and Corporate Secretary

8-K

false000173471300017347132025-11-192025-11-19

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):November 19, 2025

BrightView Holdings, Inc. (Exact name of registrant as specified in its charter)

Delaware

001-38579

46-4190788

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

980 Jolly Road Blue Bell, Pennsylvania 19422 (844) 235-7778

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, $0.01 par value

BV

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On November 19, 2025, BrightView Holdings, Inc. (the "Company") issued a press release reporting its results of operations for the quarter and fiscal year ended September 30, 2025. A copy of the press release is being furnished with this report as Exhibit 99.1. The information in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished to the Securities and Exchange Commission (the “SEC”) pursuant to Item 2.02 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any of the Company’s filings with the SEC under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

Exhibit Number

Description

99.1

Press Release issued by BrightView Holdings, Inc. on November 19, 2025.

104.1

Cover Page Interactive Data File (embedded within the Inline XBRL document).

Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

BrightView Holdings, Inc.

Date: November 19, 2025

By:

/s/ Jonathan M. Gottsegen

Name:

Jonathan M. Gottsegen

Title:

Executive Vice President, Chief Legal Officer and Corporate Secretary