Filing Flows › BrightView Holdings (BV) › Q2 FY25
BrightView Holdings (BV) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
BrightView Holdings (BV) reported revenue of $663M for the second quarter fiscal 2025 (Q2 FY25), -2% from a year earlier and +11% from the quarter before. Operating margin was 3.4%, net earnings $6.4M (1.0% of revenue).
BrightView Holdings, Q2 FY25: revenue $663M (-2% year over year), operating margin 3.4%, net earnings $6.4M, operating cash flow $91.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $663M | +11% | -2% |
| Gross profit | $148M | +16% | -3% |
| Operating profit | $22.3M | — | -64% |
| Net earnings | $6.4M | — | -81% |
| Operating cash flow | $91.2M | +51% | +9% |
| Free cash flow | $57.6M | 32× | -19% |
What changed
Revenue was $662.6M in Q2 FY25, down 2% year over year and up 11% from the previous quarter.
Gross margin was 22.3%, down 0.3 points from a year earlier. Operating profit was $22.3M, a 3.4% margin (down 5.9 points year over year). Operating expenses grew 39% against a revenue fall of 2%. Net earnings were $6.4M, down 81% year over year. The effective tax rate was 26.4%.
Operating cash flow was $91.2M (up 9% year over year), 1425% of net earnings. Non-cash charges added back $38.9M of depreciation and amortization and $4.6M of share-based compensation. Working capital and other items added $41.3M. Capital expenditures of $33.6M left free cash flow of $57.6M.
Questions
What was BrightView Holdings' revenue in the second quarter fiscal 2025?
BrightView Holdings (BV) reported revenue of $663M for the second quarter fiscal 2025 (Q2 FY25), -2% from a year earlier and +11% from the quarter before.
Was BrightView Holdings profitable in the second quarter fiscal 2025?
Operating profit was $22.3M (3.4% of revenue) and net earnings $6.4M.