BrightView reports Q3 2026 revenue growth but cuts full-year profit outlook on fuel and insurance costs

Earnings
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BrightView Holdings reported third-quarter fiscal 2026 total revenue of $717.6 million, a 1.3% increase driven by a 2.3% rise in Land Maintenance revenue to $514.5 million, while adjusted EBITDA fell to $96.1 million from $113.2 million a year earlier due to a $16 million nonroutine self-insurance adjustment and a $4 million fuel headwind. The company revised its full-year adjusted EBITDA guidance to $340 million to $345 million, down from prior expectations, and lowered its adjusted free cash flow forecast to $70 million to $80 million, citing persistent fuel costs and the insurance charge. Customer retention improved 250 basis points to 84.6%, and the contract book grew 4% since the second quarter of 2025, supporting a fourth-quarter Land revenue growth outlook of 3% to 6%. BrightView also extended all three debt tranches and added $100 million in liquidity capacity.

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BrightView Holdings
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Cuts full-year profit outlook due to fuel and insurance costs, lowering EBITDA and cash flow guidance.