BrightView Holdings, Inc. reported second quarter ended March 31, 2026 results: revenue $702.9 million, net income $1.7 million. Guidance raised.
“States, today reported unaudited results for the second quarter ended March 31, 2026. SECOND QUARTER FISCAL 2026 SUMMARY • Net service revenues increased 6.1% year-over-year to $702.9 million, including an increase in land maintenance revenue of 4.0%, • Net income decreased $4.7 million year-over-year to $1.7 million, Net income margin of 0.2%, • Adjusted EBITDA 2”
Material Agreements
BrightView Holdings, Inc. amended Amendment No. 10 to the Credit Agreement with JPMorgan Chase Bank, N.A. valued at Extended maturity date to April 22, 2031; reduced interest rates on Revolving Credit Loans (effective 2026-05-04).
“BrightView Holdings, Inc. (the “Company”), its wholly-owned subsidiary, BrightView Landscapes, LLC (the “Credit Agreement Borrower”), the other credit parties party thereto, the lenders or other financial institutions or entities party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent (the “Agent”), entered into Amendment No. 10 to the Credit Agreement dated as of May 4, 2026 (the “Credit Agreement Amendment”), which amends the Credit Agreement, dated as of December 18, 2013, by and among the Company, the Credit Agreement Borrower and the lenders or other financial institutions or entities from time to time party thereto and the Agent (as previously amended, the “Existing Credit Agreement”) to, among other things, extend the maturity date of loans under the revolving credit facility (“Revolving Credit Loans”) and reduce the interest rate applicable to Revolving Credit Loans, as described further below.”
Debt Financings
BrightView Holdings, Inc. amended revolving credit with JPMorgan Chase Bank, N.A. at Term Benchmark Loans margin 1.750% per annum, ABR Loans or RFR Loans margin 0.75 maturing April 22, 2031.
“The Credit Agreement Amendment extends the term of the revolving credit facility through April 22, 2031 (the “Revolving Loan Maturity Date”); provided, that, to the extent that there are outstanding term loans with a maturity date prior to the Revolving Loan Maturity Date in an aggregate principal amount of $100 million or more, the revolving credit facility will mature on the date that is 91 days prior to the earliest then-scheduled maturity date of such term loan indebtedness. Under the Credit Agreement Amendment, until delivery of financial statements and compliance certificates for the first full fiscal quarter ending after the date of the Credit Agreement Amendment, the margin applicable to (i) Term Benchmark Loans that are Revolving Loans (as such terms are defined in the Credit Agreement) is 1.750% per annum, (ii) ABR Loans or RFR Loans that are Revolving Loans (as such terms are defined in the Credit Agreement) is 0.75% per annum, and (iii) Letter of Credit Fees (as defined in”
Richard W. Roedel departed as Director at BrightView Holdings, Inc..
“On July 17, 2024, Richard W. Roedel informed BrightView Holdings, Inc. (the “Company”) that he was resigning from the Company’s Board of Directors (the “Board”), effective December 31, 2024.”
Earnings Releases
BrightView Holdings, Inc. updated its the second quarter ended March 31, 2024 guidance (reaffirmed).
“On May 1, 2024, BrightView Holdings, Inc. issued a press release reporting its results of operations for the quarter ended March 31, 2024.”
Jamie C. Gollotto departed as President, Seasonal (Maintenance Services) at BrightView Holdings, Inc..
“As previously disclosed, the Company announced on February 23, 2024, that the employment as an executive officer of Jamie C. Gollotto, President, Seasonal (Maintenance Services), ended effective at the close of business on February 19, 2024”
Jamie C. Gollotto departed as President, Seasonal (Maintenance Services) at BrightView Holdings, Inc..
“On February 19, 2024, the employment as an executive officer of BrightView Holdings, Inc. (the “Company”) of Jamie C. Gollotto, President, Seasonal (Maintenance Services), ended.”
Earnings Releases
BrightView Holdings, Inc. reported the first quarter ended December 31, 2023 results: revenue $626.7 million, net income $16.4 million. Guidance reaffirmed.
“United States, today reported unaudited results for the first quarter ended December 31, 2023. FIRST QUARTER FISCAL 2024 SUMMARY • Total revenue decreased 4.5% year-over-year to $626.7 million. • Net loss decreased 13.2% year-over-year to $16.4 million; reflects 30-basis point improvement in Net Loss margin. • Adjusted EBITDA decreased 3.9% to $46.7 million; Adjusted”
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