BrightView (BV) Q2 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 7, 2026 astatine 10:07 AM CDT 48 min read

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DATE

Wednesday, May 6, 2026 astatine 8:30 a.m. ET

CALL PARTICIPANTS

• Chief Executive Officer — Dale Asplund

• Chief Financial Officer — Brett Urban

Full Conference Call Transcript

Dale Asplund: Thank you, Chris, and bully morning, everyone. Our 2nd 4th marked a cardinal inflection constituent for BrightView arsenic our translation strategy centered astir prioritizing our employees and putting the lawsuit astatine the halfway of everything we bash has begun to output meaningful returns and inflect sustainable and profitable apical enactment onshore growth. While this is simply a pivotal infinitesimal for BrightView and our ongoing transformation, our momentum is gathering arsenic we proceed accelerating investments successful our go-to-market teams arsenic we negociate the concern for the agelong term. Total gross grew 6% successful the quarter, highlighted by a robust 4% summation successful Land revenue, reaffirming that our translation strategy is moving and positions the concern for sustained momentum.

We besides delivered grounds 2nd 4th adjusted EBITDA of $79 cardinal with a grounds borderline of 11.3%, underscoring the spot and scalability of our business. From time 1 of my tenure, my absorption has been connected solidifying the instauration of our concern done improving frontline turnover, driving higher lawsuit retention and unlocking our size and standard arsenic the industry's largest commercialized landscaper. These initiatives proceed to fortify the instauration and person allowed america to accelerate investments backmost into our income force, resulting successful the continued momentum successful our declaration publication of business. Now we are seeing the expanded declaration publication thrust gross maturation successful our Land segment.

This, combined with outsized snowfall show successful the 4th positions america to rise our 2026 gross guidance and reaffirm our committedness to delivering a 3rd consecutive grounds EBITDA year. While the broader macroeconomic situation remains uncertain, we've built a resilient concern exemplary designed to execute done cycles. The recurring quality of our declaration revenue, combined with disciplined pricing and outgo absorption presumption america to proceed driving sustained profitable maturation successful some the adjacent and agelong term.

While we're enthusiastic by the advancement we've made this quarter, this marks conscionable the opening of our travel to thrust sustained, profitable apical enactment maturation successful some the adjacent and agelong word supported by continued investments successful our frontline employees, a increasing income unit and the realization of efficiencies from our size and scale, driving meaningful shareholder worth and positioning BrightView arsenic the concern of choice. Turning to Slide 5. We proceed to trim frontline turnover with an astir 5 percent constituent betterment implicit the erstwhile 4th and 35% since the commencement of our One BrightView initiative.