BrightView reports 6% revenue growth and record $79 million adjusted EBITDA for Q2, lifting full-year revenue guidance to $2.745B-$2.795B.
BrightView reported a 6% increase in total revenue for Q2, driven by stronger landscape maintenance performance and improved customer retention. Adjusted EBITDA reached a record $79 million, or an 11.3% margin, as the company credited its transformation strategy for the gains.
The company raised its full-year revenue guidance to $2.745 billion-$2.795 billion, citing robust maintenance and snow revenue. However, it reaffirmed adjusted EBITDA guidance of $363 million-$377 million, warning of potential fuel cost pressures in the second half.
Landscape maintenance returned to growth for the first time since Q3 2023, while the land contract book expanded 3%, supported by four consecutive quarters of net new sales growth.