BV

MKT CAP:$1B

BrightView Holdings, Inc.

Market Cap

$1B

Industrials·Specialty Business Services·🇺🇸 United States·NYSE

Industrials·Specialty·🇺🇸·NYSE

Stock Price

$12.30-$0.30 (-2.38%)

Apr 22, 2026

Company Details

BrightView Holdings, Inc., through its subsidiaries, provides commercial landscaping services in the United States. It operates through two segments, Maintenance Services and Development Services. The Maintenance Services segment delivers a...

CEO

Dale A. Asplund

IPO Date

Jun 28, 2018

Website

www.brightview.com

Key Metrics TTM

Revenue

$2.7B

-1.9% YoY

Net Income

$51M

EPS (Diluted)

-$0.02

Free Cash Flow

$17M

Revenue / Share

$27.50

Gross Margin

22.7%

Operating Margin

4.8%

Net Margin

1.9%

FCF Margin

0.6%

P/S

0.4x

P/E

22.7x

Earnings Reports

Q2 2026

May 6, 2026

PENDING

Q1 2026

Feb 3, 2026

$615M+2.6%EPS -$0.26

FY 2025

Nov 19, 2025

$2.7B-3.4%EPS $0.57

Q4 2025

Nov 19, 2025

$703M-3.6%EPS $0.12

Q3 2025

Aug 6, 2025

$708M-4.1%EPS $0.15

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$592M	$140M	-$8M
Q2 22	$712M	$157M	$12M
Q3 22	$747M	$189M	$45M
Q4 22	$723M	$189M	$40M
Q1 23	$656M	$148M	-$2M
Q2 23	$650M	$147M	-$3M
Q3 23	$766M	$199M	$51M
Q4 23	$744M	$186M	$54M
Q2 24	$673M	$152M	$62M
Q3 24	$739M	$178M	$49M
Q4 24	$729M	$182M	$52M
Q1 25	$599M	$127M	-$600.0K
Q2 25	$663M	$148M	$22M
Q3 25	$708M	$171M	$58M
Q4 25	$703M	$177M	$55M
Q1 26	$615M	$114M	-$7M

Valuation

Quarter	P/S	P/E
Q1 22	0.4x	25.6x
Q2 22	0.4x	29.2x
Q3 22	0.4x	45.6x
Q4 22	0.4x	83.1x
Q1 23	0.4x	147.3x
Q2 23	0.4x	—
Q3 23	0.4x	—
Q4 23	0.4x	—
Q2 24	0.4x	25.9x
Q3 24	0.4x	12.9x
Q4 24	0.4x	11.7x
Q1 25	0.4x	16.1x
Q2 25	0.4x	25.8x
Q3 25	0.4x	21.6x
Q4 25	0.4x	20.8x
Q1 26	0.4x	22.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$22M	-$51M
Q2 22	$65M	$29M
Q3 22	$23M	-$500.0K
Q4 22	$41M	$22M
Q1 23	-$30M	-$57M
Q2 23	$85M	$69M
Q3 23	$34M	$19M
Q4 23	$41M	$27M
Q2 24	$83M	$71M
Q3 24	$43M	$19M
Q4 24	$54M	$21M
Q1 25	$61M	$2M
Q2 25	$91M	$58M
Q3 25	$56M	-$48M
Q4 25	$84M	$26M
Q1 26	$36M	-$19M

Capital Expenditures

Quarter	CapEx
Q1 22	$29M
Q2 22	$36M
Q3 22	$24M
Q4 22	$19M
Q1 23	$27M
Q2 23	$16M
Q3 23	$15M
Q4 23	$13M
Q2 24	$13M
Q3 24	$23M
Q4 24	$32M
Q1 25	$59M
Q2 25	$34M
Q3 25	$104M
Q4 25	$58M
Q1 26	$55M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+6.7%	+7.6%
Q2 22	+9.2%	+10.4%
Q3 22	+11.0%	+11.5%
Q4 22	+7.4%	+6.6%
Q1 23	+10.8%	+9.6%
Q2 23	-8.6%	-6.7%
Q3 23	+2.5%	+1.7%
Q4 23	+2.8%	+0.9%
Q2 24	+2.6%	-7.2%
Q3 24	+13.6%	+5.6%
Q4 24	-4.9%	-5.3%
Q1 25	-19.4%	-13.0%
Q2 25	-1.5%	+4.8%
Q3 25	-4.1%	-5.7%
Q4 25	-3.6%	-4.3%
Q1 26	+2.6%	+3.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$5M	0.8%
Q2 22	$5M	0.6%
Q3 22	$5M	0.6%
Q4 22	$5M	0.7%
Q1 23	$6M	0.9%
Q2 23	$6M	1.0%
Q3 23	$4M	0.5%
Q4 23	$6M	0.9%
Q2 24	$5M	0.7%
Q3 24	$5M	0.7%
Q4 24	$5M	0.7%
Q1 25	$5M	0.8%
Q2 25	$5M	0.7%
Q3 25	$5M	0.6%
Q4 25	$5M	0.7%
Q1 26	$4M	0.6%

OpEx Breakdown

Quarter	SG&A
Q1 22	$135M
Q2 22	$133M
Q3 22	$131M
Q4 22	$135M
Q1 23	$138M
Q2 23	$139M
Q3 23	$137M
Q4 23	$120M
Q2 24	$125M
Q3 24	$120M
Q4 24	$122M
Q1 25	$119M
Q2 25	$118M
Q3 25	$106M
Q4 25	$114M
Q1 26	$115M

Revenue Segments

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$46M	$0	$46M
Q3 22	$26M	$0	$26M
Q4 22	$20M	$0	$20M
Q1 23	$22M	$0	$22M
Q2 23	$11M	$0	$11M
Q3 23	$10M	$0	$10M
Q4 23	$67M	$0	$67M
Q1 24	$65M	$0	$65M
Q2 24	$177M	$0	$177M
Q3 24	$116M	$0	$116M
Q4 24	$140M	$0	$140M
Q1 25	$98M	$0	$98M
Q2 25	$141M	$0	$141M
Q3 25	$79M	$0	$79M
Q4 25	$75M	$0	$75M
Q1 26	$37M	$0	$37M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	105M	+0.1%	+0.1%
Q2 22	101M	-4.4%	-4.8%
Q3 22	93M	-7.1%	-11.8%
Q4 22	93M	-0.5%	-11.6%
Q1 23	93M	+0.3%	-11.4%
Q2 23	93M	+0.2%	-7.1%
Q3 23	94M	+0.6%	+0.6%
Q4 23	93M	-0.6%	+0.5%
Q2 24	96M	+2.5%	+2.6%
Q3 24	97M	+1.0%	+3.4%
Q4 24	97M	0.0%	+2.8%
Q1 25	95M	-1.6%	+1.9%
Q2 25	96M	+0.4%	-0.2%
Q3 25	98M	+2.3%	+1.1%
Q4 25	98M	0.0%	+1.1%
Q1 26	98M	0.0%	+2.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$28.9K	21K
Q2 22	$34.7K	21K
Q3 22	$36.5K	21K
Q4 22	$34.4K	21K
Q1 23	$31.2K	21K
Q2 23	$31.0K	21K
Q3 23	$36.5K	21K
Q4 23	$35.4K	21K
Q2 24	$32.0K	21K
Q3 24	$35.2K	21K
Q4 24	$37.2K	20K
Q1 25	$30.6K	20K
Q2 25	$33.8K	20K
Q3 25	$36.1K	20K
Q4 25	$37.8K	19K
Q1 26	$33.0K	19K

Revenue / Employee