Ernst & Young has expressed "substantial doubt" in the rail line's ability to continue operations, despite record ridership and revenue.
Auditors have expressed doubt in Brightline's ability to continue providing rail service, despite rising ridership, The Palm Beach Post reports.
"The rail line lost more than $233 million in 2025 despite higher revenues than the year before, according to its annual financial statement, prepared by consulting firm Ernst & Young and released April 30, that said there is 'substantial doubt about the company’s ability to continue as a going concern. The rail line lacks the money to pay off more than $5 billion in debt and interest on schedule," the Post reports.
While Brightline representatives point to the first quarter of 2026 having the highest ridership and revenue performance yet, it has had a rough year, making headlines as the deadliest passenger train in the country.
Read the full story, below.
Read the full story: As Brightline heads toward possible bankruptcy, what is its future?
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