BFAM Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Bright Horizons Family Solutions delivered a headline beat in Q4 2025, though the story beneath the surface was more complicated. On an adjusted basis, the company posted diluted EPS of $1.15, ahead of the $1.12 consensus estimate by 2.68%, while rev… Read more Bright Horizons Family Solutions delivered a headline beat in Q4 2025, though the story beneath the surface was more complicated. On an adjusted basis, the company posted diluted EPS of $1.15, ahead of the $1.12 consensus estimate by 2.68%, while revenue climbed 8.8% year-over-year to $733.70 million, edging past the $728.77 million Wall Street had expected. The standout driver was Back-Up Care, which generated $183.33 million in quarterly revenue and $58.97 million in segment operating income, anchoring the company's adjusted EBITDA growth of 12% to $123.45 million. On a GAAP basis, however, $45.11 million in impairment and net lease termination costs, largely tied to the full service center-based child care segment, pushed GAAP net income down 25% to $21.74 million. That charge also reflects a broader operational reset, with the company now planning to close 45 to 50 centers in 2026, nearly double its earlier estimate, a revision that rattled investors and drew securities fraud investigations from multiple law firms. Looking ahead, management guided fiscal 2026 revenue of $3.08 billion to $3.13 billion and adjusted EPS of $4.90 to $5.10, framing the closures as a path toward stronger margin performance.