BrightView Posts Q4 and FY 2025 Earnings With Record Adjusted EBITDA

BrightView Posts Q4 and FY 2025 Earnings With Record Adjusted EBITDA; Projects Fiscal Year 2026 Revenue, Adjusted EBITDA, and Margin Growth; Increases Existing Share Repurchase Authorization

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, 2025.

“Our fourth quarter and full-year results reflect the continued momentum behind our One BrightView strategy and the strengthened foundation of our business,” said Dale Asplund, BrightView President and Chief Executive Officer. “We delivered a second consecutive year of record Adjusted EBITDA and Adjusted EBITDA margin all while continuing to invest in our business. Our solidified foundation, coupled with the continued investments in our business, gives us the confidence in returning to profitable top-line revenue growth in 2026 and beyond, while leveraging our size and scale to position us as the service provider of choice in our industry and creating long-term value for all stakeholders.”

“Additionally, as part of our disciplined approach to capital allocation and commitment to driving shareholder value, we are increasing our share repurchase authorization to $150 million. Our strong balance sheet, current valuation, and long-term growth outlook give us the confidence to expand the program and return capital to shareholders in a strategic and opportunistic way."

Read the full report here.

Blue Bell - Corporate

BrightView Unites 19,000 Team Members with Pink Hats for Breast Cancer Awareness Month

BrightView Unites 19,000 Team Members with Pink Hats for Breast Cancer Awareness Month Initiative Serves as a Powerful Symbol of Awareness and Unity Across BrightView’s Locations Nationwide

BrightView (NYSE: BV), the nation’s leading commercial landscaping company, is once again rallying its 19,000 team members nationwide in support of Breast Cancer Awareness Month. Throughout October, BrightView employees will receive and proudly wear a specially designed pink hat — a visible and unifying reminder of the importance of breast health awareness.

2025 Breast Cancer Awareness Month Hats
Serving as a symbol of awareness and unity across BrightView’s locations throughout this October.

Now in its second year, the initiative deepens BrightView’s commitment to spreading awareness, encouraging conversations, and supporting the fight against breast cancer. Whether tending to landscapes in urban centers or maintaining properties in rural communities, BrightView teams will carry a powerful message of hope and solidarity into the neighborhoods they serve.

“This initiative is about more than just a pink hat — it’s about demonstrating the strength of standing together for a cause that touches so many lives,” said Amanda Orders, Executive Vice President and Chief Human Resources Officer at BrightView. “Our people work in every corner of the country, and by uniting under this shared symbol, we remind communities everywhere that awareness and action matter in the fight against breast cancer.”

In addition to providing the hats, BrightView will make a charitable donation to Susan G. Komen, reinforcing the company’s ongoing support for breast cancer research, education, and advocacy.

The effort also reflects BrightView’s broader commitment to community and care. From safety initiatives and wellness programs to local volunteer efforts, the company continually seeks opportunities to make a difference beyond its landscapes.

2025 Breast Cancer Awareness Month Hats
Blue Bell - Corporate

BrightView Declares Seventh Consecutive Cash Dividend Payment on Preferred Stock

BrightView Declares Seventh Consecutive Cash Dividend Payment on Preferred Stock

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $9.0 million on its Series A Preferred Stock. The dividend represents payment for the period from June 30, 2025, to September 29, 2025, and will be paid on October 1, 2025, to holders of record as of September 15, 2025. Today’s dividend announcement marks the seventh consecutive quarterly cash payment made possible by the Company’s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.

On August 28, 2023, BrightView issued and sold an aggregate of 500,000 shares of its Series A Convertible Preferred Stock for an aggregate purchase price of $500 million. The Series A Preferred Stock is convertible into shares of BrightView common stock at a conversion price of $9.44 per share. Holders of the Series A Preferred Stock are entitled to a dividend at the rate of 7.0% per annum, compounding quarterly, paid in kind, or paid in cash, at the Company’s election.

Blue Bell - Corporate

BrightView Posts Third Quarter Fiscal 2025 Earnings

BrightView Posts Third Quarter Fiscal 2025 Earnings with Record Net Income and Adjusted EBITDA, and Reaffirms Full Year Guidance

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, 2025.

“We continue to execute on our One BrightView strategy, which is underpinned by prioritizing our employees and delivering best-in-class service to our customers,” said Dale Asplund, BrightView President and Chief Executive Officer. “Our record year-to-date Adjusted EBITDA and Adjusted EBITDA margin reflect the meaningful progress of our transformation as we continue to focus on driving sustained, long-term profitable growth and shareholder value.”

Read the full report here.

Blue Bell - Corporate

From Racetrack to Ballpark: BrightView Builds MLB Field at Bristol

From Racetrack to Ballpark: BrightView Builds MLB Field at Bristol MLB’s Official Field Consultant converts NASCAR’s iconic speedway into professional-grade baseball diamond for Speedway Classic
Bristol Motor Speedway BrightView team members baseball field
BrightView has partnered with Major League Baseball once again to deliver another special event, this time building a diamond inside NASCAR's Bristol Motor Speedway in Bristol, Tenn.

Major League Baseball has made a name for itself creating unforgettable venues for its most iconic games—from a cornfield in Iowa to the historic Rickwood Field and the heart of London. Now, MLB is adding another first to its list: a full-scale baseball diamond inside the iconic NASCAR short track at Bristol Motor Speedway. And once again, BrightView (NYSE: BV), the Official Field Consultant of Major League Baseball, is at the center of the transformation.

Over the past month, BrightView, alongside partners BaAM and Populous, has successfully turned the famed Bristol, Tenn., speedway’s asphalt track and infield pit lane to AstroTurf and infield dirt. The result is a regulation-sized field for the MLB Speedway Classic presented by BuildSubmarines.com on Aug. 2 between the Cincinnati Reds and Atlanta Braves. The game is the first American or National League game to be held in Tennessee.

“Converting a high-banked oval racetrack into a world-class baseball field isn’t something you do every day,” said Murray Cook, President of BrightView Sports Turf. “But it’s exactly the kind of challenge we love. This project pushed us to get a little creative, while maintaining Bristol Motor Speedway’s iconic charm. The result is going to be nothing short of spectacular.”

To accommodate the dimensions and safety requirements of a professional baseball field, numerous modifications had to be made. Crews temporarily removed pit walls, select signage and lights, the Sunoco fuel tanks, and even half of the Goodyear building.

The installation shares similarities with the London Series field BrightView built at Queen Elizabeth Olympic Park, a project completed in just 18 days. However, the Bristol transformation, being a larger scale build, took 30 days to complete the changeover.

“In London, we used about 4,000 tons of gravel to level the field, but here in Bristol, we brought in nearly 18,000 tons,” said Cook. “The banking of the racetrack’s infield area created some engineering hurdles, but our team was able to precisely grade and level the space to meet MLB standards.”

Like London, the Bristol field features a synthetic turf, but this time it is AstroTurf’s Diamond Series—currently used only at the Rogers Centre, home of the Toronto Blue Jays. In total, 124,000 square feet of turf was installed.

BrightView also provided quality control oversite for additional field elements, including fencing, padding, foul poles, netting, and wall protection, all designed and installed to MLB specifications.

“I’m incredibly proud of our Sports Turf team who brought this vision to life,” said Dale Asplund, BrightView’s President and CEO. “Projects like this prove that BrightView is so much more than beautiful landscapes—we’re problem solvers, innovators, and trusted collaborators on some of the most complex and creative builds, including sports. Congratulations to everyone involved in turning Bristol Motor Speedway into a world-class ballpark.”

MLB Speedway Classic Facts

  • Removed pit walls, some signs and lights, Sunoco fuel pumps, and half the Goodyear building
  • 17,500 tons of gravel to level surface
  • 340 tons of clay was used
  • 124,000 square feet of AstroTurf was installed
  • Field dimensions are 400 feet to center, 330 feet down baselines, and 375 feet right field alley and 385 feet to left field alley
  • 4,000 linear feet of drainage pipe, 60-foot foul poles, 275 new light fixtures, and 40-by-80 batter’s eye

The MLB Speedway Classic game joins a long list of celebrated games that BrightView and MLB have collaborated on throughout the world, including the MLB at Rickwood Field and MLB at Field of Dreams, and MLB Seoul Series, London Series, Fort Bragg Game, Japan Opening Series, Sydney Opening Series, and Puerto Rico Series.

Bristol Motor Speedway MLB baseball field
Blue Bell - Corporate

BrightView Updates Fiscal 2025 Financial Guidance

BrightView Updates Fiscal 2025 Financial Guidance

BrightView Holdings, Inc., the leading commercial landscaping services company in the United States, today updated its financial guidance for fiscal year 2025.

BrightView continues to expect record Adjusted EBITDA and Adjusted EBITDA Margin performance while raising our outlook on Adjusted Free Cash flow generation. In the spirit of transparency, since the Company’s prior financial guidance issued on May 7, 2025, we have seen an impact resulting from the uncertain macroeconomic environment.

Read the full update here.

Blue Bell - Corporate

BrightView Declares Sixth Consecutive Cash Dividend Payment on Preferred Stock

BrightView Declares Sixth Consecutive Cash Dividend Payment on Preferred Stock

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that the Company’s Board of Directors has declared a cash dividend of $8.9 million on its Series A Preferred Stock. The dividend represents payment for the period from March 31, 2025, to June 30, 2025, and will be paid on July 1, 2025, to holders of record as of June 15, 2025. Today’s dividend announcement marks the sixth consecutive quarterly cash payment made possible by the Company’s continued balance sheet flexibility and commitment to avoid the dilutive impact caused by payment in kind.

On August 28, 2023, BrightView issued and sold an aggregate of 500,000 shares of its Series A Convertible Preferred Stock for an aggregate purchase price of $500 million. The Series A Preferred Stock is convertible into shares of BrightView common stock at a conversion price of $9.44 per share. Holders of the Series A Preferred Stock are entitled to a dividend at the rate of 7.0% per annum, compounding quarterly, paid in kind, or paid in cash, at the Company’s election.

Blue Bell - Corporate

BrightView Announces Pricing of Upsized Secondary Offering

BrightView Announces Pricing of Upsized Secondary Offering

BrightView Holdings, Inc. (NYSE: BV) (“BrightView”) today announced the pricing of an underwritten secondary offering by a selling stockholder affiliated with KKR & Co. Inc. (the “Selling Stockholder”) of 11,600,000 shares of common stock of BrightView pursuant to a registration statement filed by BrightView with the U.S. Securities and Exchange Commission (the “SEC”). No shares are being sold by BrightView. The Selling Stockholder will receive all of the proceeds from this offering. The offering is expected to close on June 6, 2025, subject to customary closing conditions. The size of the offering reflects an increase from the 10,000,000 shares of common stock originally proposed to be sold.

KKR Capital Markets, Craig-Hallum, BTIG, Morgan Stanley and Loop Capital Markets are acting as the active joint book-running managers for the offering. Baird, William Blair and CJS Securities are acting as the passive bookrunners for the offering. Oppenheimer & Co., MFR Securities, Inc., Penserra Securities LLC, American Veterans Group, PBC, Quoin Capital LLC, Telsey Advisory Group, Cabrera Capital Markets LLC, Bancroft Capital and Siebert Williams Shank are acting as the co-managers for the offering.

A registration statement relating to these securities has been filed with the SEC and has become effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering of these securities will be made only by means of a prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus and accompanying prospectus for the offering may be obtained from: KKR Capital Markets LLC, by telephone at (212) 750-8300 or by email to [email protected]; Craig-Hallum, 323 North Washington Avenue, Suite 300, Minneapolis, Minnesota 55401, Attn: Equity Capital Markets, by telephone at (612) 334-6300 or by e-mail at [email protected]; BTIG, LLC, 350 Bush Street, 9th Floor, San Francisco, California 94104, Attn: Syndicate Department, by telephone at (415) 248-2200 or by email at [email protected]Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; or Loop Capital Markets, 435 South Financial Place, Suite 2700, Chicago, Illinois 60607, or by email at [email protected]. You may also obtain these and the other documents referred to above for free by visiting the SEC’s website at www.sec.gov. 

 

Forward Looking Statements

This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” and variations of such words or similar expressions. Forward-looking statements are based on BrightView’s current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements can be found under the caption “Risk Factors” in BrightView’s annual report on Form 10-K for the year ended September 30, 2024, as filed with the SEC, as such risk factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC’s website on www.sec.gov. Any forward-looking statement in this release speaks only as of the date of this release. BrightView undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Blue Bell - Corporate

BrightView Posts Second Quarter Fiscal 2025 Earnings

BrightView Posts Second Quarter Fiscal 2025 Earnings with Record Adjusted EBITDA and Raises Full Year Guidance

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 second quarter ended March 31, 2025.

“We’re making strong progress in implementing our One BrightView strategy – reflected in our continued improvements in employee turnover and customer retention – and building towards core land growth,” said Dale Asplund, BrightView President and Chief Executive Officer. “Our sustained success, driven by our cultural transformation, record Adjusted EBITDA, and fortified balance sheet has enabled us to raise our 2025 EBITDA, margin, and free cash flow guidance while returning capital to our shareholders via repurchased shares – all key steps in driving profitable growth and long-term shareholder value.”

Read the full report here.

Blue Bell - Corporate

BrightView Announces $100 Million Share Repurchase Program

BrightView Announces $100 Million Share Repurchase Program
  • Anticipates Opportunistic Share Repurchases
  • Use of Open Market Repurchase Transactions
  • No Expected Expiration with Anticipated Spend Near and Long Term

BrightView Holdings, Inc. (NYSE: BV), the leading commercial landscaping services company in the United States, announced today that its Board of Directors has authorized a share repurchase program totaling $100 million. The repurchase program allows for ongoing investment in the business, while utilizing moderate balance sheet leverage and facilitating opportunistic share repurchases.

“As part of our continued focus on strategically allocating capital and driving shareholder value, we are pleased to announce this new share repurchase program,” said BrightView President and Chief Executive Officer Dale Asplund. “The strength in our balance sheet, coupled with our current valuation and unwavering commitment to drive sustainable and long-term profitable growth, gives us the confidence to reinstitute our share repurchase program and return capital to shareholders in a disciplined and opportunistic manner.” 

Any repurchases will be made at management’s discretion and may be through a variety of methods, such as open-market transactions (including pre-set trading plans), accelerated share repurchases, and other transactions in accordance with applicable securities laws. The Company anticipates repurchase activities to occur over an extended period of time, potentially in its second fiscal quarter and in future fiscal years. The program has no time limit. The share repurchase authorization does not obligate the Company to acquire any particular amount of common stock and can be discontinued at any time. 

 

Forward Looking Statements

This press release includes certain disclosures which contain “forward-looking statements.” You can identify forward-looking statements because they contain words such as “believes” and “expects.” Forward-looking statements are based on BrightView’s current expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that may differ materially from those contemplated by the forward-looking statements, which are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, BrightView’s ability to effect repurchases under the newly authorized share repurchase program due to changes in stock price, corporate or other economic or market conditions; the timing, manner and volume of repurchases of common shares pursuant to the repurchase program, and the factors that can be found under the caption “Risk Factors” in our most recent annual report on Form 10-K filed with the SEC, as such risk factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website on www.sec.gov. Any forward-looking statement in this release speaks only as of the date of this release. BrightView undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.

Blue Bell - Corporate
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