BrightView Holdings Reports Strong Q1 2026 Earnings with Strategic Growth Initiatives
- Revenue Growth: BrightView achieved total revenue of $615 million in Q1 2026, marking a 3% increase driven by heightened snowfall and ongoing improvements in land metrics, indicating strong market performance and growth potential.
- Sales Team Expansion: The company added 80 sales personnel in the quarter, significantly increasing investments in its sales force to enhance customer retention and contract book growth, thereby laying a solid foundation for future revenue increases.
- Share Repurchase Program: BrightView increased its share repurchase authorization from $100 million to $150 million, reflecting management's confidence in the current valuation and aiming to enhance earnings per share and shareholder value through buybacks.
- Sustained Profitability: Management reiterated its 2026 revenue and EBITDA guidance, expecting to achieve a third consecutive year of record EBITDA, showcasing ongoing improvements in operational efficiency and profitability, which bolsters investor confidence.
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- Price Target Adjustment: JPMorgan analyst Andrew Steinerman raised BrightView's price target from $12 to $13 while maintaining an Underweight rating, indicating a cautious outlook on the company's future performance.
- Earnings Report: BrightView reported an adjusted Q1 EPS of 1 cent, aligning with market expectations, which reflects the company's stability in the current economic environment.
- Revenue Outlook: BrightView reaffirmed its FY26 revenue guidance of $2.67 billion to $2.73 billion, matching the consensus estimate of $2.7 billion, demonstrating confidence in future growth.
- Market Recognition: BrightView has been designated as a bullish “Fresh Pick” by Baird, reflecting market acknowledgment of its potential growth and strengthening land pipeline, despite analysts maintaining a cautious stance on its stock rating.
- Disappointing Earnings: BrightView's Q1 fiscal 2026 report revealed revenues of $614.7 million, a nearly 3% year-over-year increase, but a 46% deeper net loss of $15.2 million led to a 7% drop in share price.
- Missed Market Expectations: While revenue exceeded analyst estimates of $591 million, the company failed to meet the expected GAAP earnings of $0.02 per share, indicating a lack of profitability.
- Strategic Implementation Progress: BrightView is in the latter stages of its 'One BrightView' strategy aimed at streamlining operations and modernizing its large vehicle fleet, with the CEO noting that Q1 performance reflects ongoing business transformation progress.
- Full-Year Performance Outlook: The company reaffirmed its revenue guidance for fiscal 2026 at $2.67 billion to $2.73 billion, which would represent 2% annual growth at the upper end, although EBITDA is expected to be between $363 million and $377 million, with no bottom-line guidance provided.

- Revenue Growth: BrightView achieved total revenue of $615 million in Q1 2026, marking a 3% increase driven by heightened snowfall and ongoing improvements in land metrics, indicating strong market performance and growth potential.
- Sales Team Expansion: The company added 80 sales personnel in the quarter, significantly increasing investments in its sales force to enhance customer retention and contract book growth, thereby laying a solid foundation for future revenue increases.
- Share Repurchase Program: BrightView increased its share repurchase authorization from $100 million to $150 million, reflecting management's confidence in the current valuation and aiming to enhance earnings per share and shareholder value through buybacks.
- Sustained Profitability: Management reiterated its 2026 revenue and EBITDA guidance, expecting to achieve a third consecutive year of record EBITDA, showcasing ongoing improvements in operational efficiency and profitability, which bolsters investor confidence.
- Earnings Performance: BrightView reported a Q1 non-GAAP EPS of -$2.20, missing expectations by $2.21, while revenue reached $614.7 million, a 2.6% year-over-year increase that beat estimates by $26.13 million, indicating resilience in revenue growth.
- Net Loss Expansion: The company's net loss widened by $4.8 million year-over-year to $15.2 million, with a net loss margin of 2.5%, reflecting operational pressures amid cost control challenges and market conditions.
- Adjusted EBITDA Improvement: Adjusted EBITDA increased by $1.4 million year-over-year to $53.5 million, with an adjusted EBITDA margin of 8.7%, suggesting improvements in profitability despite ongoing financial challenges.
- Fiscal Year 2026 Guidance Reaffirmed: BrightView reaffirmed its total revenue guidance for FY 2026 at $2.67 billion to $2.73 billion, with expected growth of 0% to 2%, demonstrating confidence in future growth driven by fleet investments and sales force expansion.
- Earnings Release Schedule: BrightView Holdings will announce its Q1 2026 earnings after market close on February 3, 2026, providing investors with insights into its financial performance and market conditions.
- Conference Call Timing: The company will host a conference call on February 4, 2026, at 8:30 a.m. EST, where CEO Dale Asplund and CFO Brett Urban will discuss the earnings report, enhancing transparency and investor confidence.
- Participation Details: Investors can join the call via the U.S. dial-in number (800-274-8461) or the international dial-in (203-518-9814), ensuring broad investor participation and information dissemination.
- Replay Information: The call will be recorded and available for replay until February 18, 2026, at 11:59 p.m. EST, providing access to those unable to attend live, further enhancing information accessibility and transparency.
Price Target Revision: The average one-year price target for BrightView Holdings (NYSE:BV) has been revised down to $16.38 per share, a decrease of 16.44% from the previous estimate of $19.60, while still representing a potential increase of 30.18% from the current closing price of $12.58.
Fund Sentiment: There are 411 funds reporting positions in BrightView Holdings, with a slight decrease in ownership by 0.72% in the last quarter, and an average portfolio weight increase of 15.84%, despite a 0.94% decrease in total shares owned by institutions.
Shareholder Activity: Major shareholders include Kohlberg Kravis Roberts & Co. with 22.74% ownership, and other firms like Cooke & Bieler and Harvey Partners have adjusted their holdings, with Cooke & Bieler increasing its shares by 29.03% while reducing its portfolio allocation.
Market Outlook: The put/call ratio for BrightView Holdings stands at 1.68, indicating a bearish outlook among investors, reflecting cautious sentiment in the market.









