Short answer
BrightView Holdings, Inc. (BV) filed its fiscal 2025 10-K annual report with the SEC on Nov 19, 2025. It reported revenue of $2.7B (−3.4% year over year) and net income of $56M.
- Top risk flagged: Regulatory risk from compliance with IRS rules on Rabbi Trust investments affecting other income and net interest expense
FY2025 key financial metrics · XBRL
- Revenue
- $2.7B
- −3.4% YoY
- Net income
- $56M
- −15.7% YoY
- Operating margin
- 5.0%
- −0.6 pp YoY
- Gross margin
- 23.3%
- −0.1 pp YoY
- EPS (diluted)
- $0.13
- −35.0% YoY
- ROE
- 4.3%
- −0.9 pp YoY
- Operating cash flow
- $292M
- +41.9% YoY
Source: XBRL data from the BrightView Holdings, Inc. (BV) FY2025 10-K on SEC EDGAR. USD.
BrightView Holdings, Inc. FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Largest US commercial landscaping provider, revenues 4x next largest competitor
- Operates two segments: Maintenance Services and Development Services with national branch network of 265+ locations
- Fiscal 2025 net service revenues $2,672.8M, Adjusted EBITDA margin 13.2%, net income margin 2.1%
- Top 10 customers represent 17% of revenues, no single customer exceeds 4%
- Official Field Consultant for Major League Baseball, emphasizing brand leadership in sports venues
Management Discussion & Analysis
- Revenue and profitability details not provided in extract
- Cash flow, capital allocation, buybacks, dividends, or capex figures absent
- Forward-looking statements indicate plans and strategies involve risks and uncertainties
- Additional financial data referenced in FY 2024 10-K, not included here
Risk Factors
- Regulatory risk from compliance with IRS rules on Rabbi Trust investments affecting other income and net interest expense
- Macroeconomic exposure to fuel cost volatility impacting operating equipment and vehicle expenses across 265 branches
- Operational risk from reliance on qualified service partner network leading to higher subcontractor costs when usage increases
- Competitive pressure mitigated by largest US market share with revenues about 4 times next largest landscaping competitor
- Financial risk from long-term debt servicing interest expense net impacting overall cost structure and cash flow
Generated from the filing text; verify against the original. How to read a 10-K
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