Brightview reports decline in commercial landscaping business

On May 7, Brightview Holdings reported its unaudited financial results for its second quarter, ended March 31, 2025. For the three months ended March 31, Brightview’s total revenue decreased 1.5% to $662.6 million driven by a $17.1 million year over year decrease in our commercial landscaping business, primarily driven by strategic reductions of non-core businesses, partially offset by a $7.5 million increase in our development services revenue.

For Q2 of fiscal 2025, Brightview’s revenue in its Maintenance Services Segment decreased by $17.7 million, or 3.5%, from the 2024 period. Commercial Landscaping services decreased by $17.1 million, or 5.1% and snow removal services decreased by $0.6 million, or 0.3%.

In that same period, revenue in the Development Services Segment increased by $7.5 million, or 4.6%, compared to the 2024 period.

For the six months ended March 31, 2025, total revenue decreased 2.9% to $1,261.8 million driven by a $42.8 million decrease in our commercial landscaping business combined with a $7.9 million decrease in snow removal revenue, both of which were primarily driven by strategic reductions of non-core businesses. The decreases were partially offset by a $14.0 million increase in our development services revenue. 

“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.”