v3.26.1
Revenue (Tables)
6 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Reportable Segment Revenues, Disaggregated by Revenue

The following table presents the Company’s reportable segment revenues, disaggregated by revenue type. The Company disaggregates revenue from contracts with customers into major services lines. The Company has determined that disaggregating revenue into these categories depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. As noted in the business segment reporting information in Note 12 “Segments”, the Company’s reportable segments are Maintenance Services and Development Services.

 

 

 

Three Months Ended
March 31,

 

 

Six Months Ended
March 31,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Landscape Maintenance

 

$

333.0

 

 

$

320.3

 

 

$

701.0

 

 

$

697.3

 

Snow Removal

 

 

221.6

 

 

 

172.5

 

 

 

290.0

 

 

 

204.8

 

Maintenance Services

 

 

554.6

 

 

 

492.8

 

 

 

991.0

 

 

 

902.1

 

Development Services

 

 

149.6

 

 

 

171.9

 

 

 

328.8

 

 

 

363.7

 

Eliminations

 

 

(1.3

)

 

 

(2.1

)

 

 

(2.1

)

 

 

(4.0

)

Net service revenues

 

$

702.9

 

 

$

662.6

 

 

$

1,317.7

 

 

$

1,261.8

 

Schedule of Contract Balances

Changes in Deferred revenue for the six month period ended March 31, 2026 were as follows:

 

 

 

Deferred
Revenue

 

Balance, September 30, 2025

 

$

87.6

 

Recognition of revenue

 

 

(528.2

)

Deferral of revenue

 

 

554.6

 

Balance, March 31, 2026

 

$

114.0