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BrightView Holdings, Inc. BV Development Services — Adjusted EBITDA

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Other financials

Income statement

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Revenue$702.9M+6.1%
Gross profit$137.7M-6.6%
Operating income$16.1M-27.8%
Net income$1.7M-73.4%
EPS (diluted)-$0.08-167%

Balance sheet

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Cash & equivalents$10.1M-92.9%
Total debt$902.6M+2.5%
Total equity$1.2B-1.6%
Total assets$3.4B+1.5%

Cash flow

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Operating cash flow$46.2M-49.3%
CapEx$58.8M+75.0%
Free cash flow-$12.6M-122%

Valuation

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Market cap$1.07B-25.0%
Enterprise value$1.96B-11.5%
P/E23×-3.4×
P/S0.4×-0.1×

Profitability

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Gross margin22%-1.3pp
Operating margin4.5%0.0pp
Net margin1.7%+0.1pp
FCF margin3.7%-1.1pp

Returns & leverage

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Return on equity3.7%+0.1pp
Debt / equity0.7×0.0×
Current ratio1.2×-0.2×

Where this comes from

Reported directly by BrightView Holdings, Inc. in its filing.

Tagged under the XBRL concept bv:AdjustedEBITDA.

The source filing: BrightView Holdings, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:13 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206419
Line itemMaintenanceDevelopmentEliminationsTotal
Less segment expenses
Direct costs(a)339.5112.3(1.2)
Other segment items(b)145.627.7(0.1)
Segment Adjusted EBITDA69.59.679.1
Reconciliation of total segment Adjusted EBITDA
Interest expense, net13.7
Depreciation expense47.4
Amortization expense5.3

Item 1. Financial Statements.

FAQ

What is BrightView Holdings, Inc.'s development services — adjusted EBITDA?
BrightView Holdings, Inc. (BV) reported development services — adjusted EBITDA of $9.6M in Q1 2026.
How has BrightView Holdings, Inc.'s development services — adjusted EBITDA changed year-over-year?
BrightView Holdings, Inc.'s development services — adjusted EBITDA decreased by 44.2% year-over-year, from $17.2M to $9.6M.
What is the long-term trend for BrightView Holdings, Inc.'s development services — adjusted EBITDA?
Over 3 years (2022 to 2025), BrightView Holdings, Inc.'s development services — adjusted EBITDA has grown at a 13.2% compound annual growth rate (CAGR), from $73.7M to $106.9M.
What does development services — adjusted EBITDA mean?
A measure of the Development Services segment's operating profitability, calculated by adjusting earnings for interest, taxes, depreciation, amortization, and other non-recurring items. It provides a normalized view of the segment's cash-generating capability independent of capital structure.

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