BrightView Holdings, Inc. — Form 8-K
Filed August 4, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 52/100
What the filing says
BrightView reported Q3 FY2026 revenue of $717.6M (+1.3% YoY) with land maintenance revenue growing 2.3%, marking the second consecutive quarter of growth in this segment. However, net income fell 81.1% to $6.1M and Adjusted EBITDA declined 15.1% to $96.1M (13.4% margin), primarily due to a $16M non-routine self-insurance adjustment and $4M fuel headwind. The company extended its term loan, revolving credit facility, and accounts receivable securitization agreement; total net debt increased $173.2M to $976.1M, raising the leverage ratio from 2.3x to 2.9x Adjusted EBITDA.
Why this rating
Profitability collapsed 81% despite modest revenue growth; debt leverage spiked to 2.9x (near covenant risk). Material operational headwinds masked by one-time items; cash conversion turned negative. Moderate concern for a $774M company.
See more from August 4, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.