Q1 26 EPS
$N/A
Q1 26 Revenue
N/A
vs S&P Since Q1 26
-22.4%
TRAILING MARKET
BFAM -14.8% vs S&P +7.6%
Market Reaction
Did BFAM Beat Earnings? Q1 2026 Results
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.
Key Takeaways
- • Increased utilization of back-up care services
- • Enrollment gains and tuition price increases at centers
- • Operating leverage in full service center-based child care
- • Back-Up Care generated more than $725 million in revenue in 2025
BFAM Forward Guidance & Outlook
For fiscal year 2026, Bright Horizons expects revenue in the range of $3.075 billion to $3.125 billion and diluted adjusted earnings per common share in the range of $4.90 to $5.10. The company remains focused on deepening its impact with employers and families, enhancing services, and investing in people and technology to drive growth and support margin progress.
BFAM YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
BFAM Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our diversified, integrated education and care solutions supported by our broad client base drove a strong fourth quarter and a solid finish to the year. Back-Up Care remained a standout all year — generating more than $725 million in revenue in 2025. As we move into 2026, we remain focused on deepening our impact with the employers and families we serve, enhancing our services, and investing in people and technology to drive growth, support margin progress, and deliver the highest quality care and education.”
— Stephen Kramer, Q1 2026 Earnings Press Release
BFAM Earnings Trends
BFAM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BFAM EPS Trend
Earnings per share: estimate vs actual
BFAM Revenue Trend
Quarterly revenue: estimate vs actual
BFAM Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 BEAT FY | $1.12 | $1.15 | +2.49% | $733.7M | +0.86% |
| FY Full Year | $4.52 | $4.55 | +0.57% | $2.93B | +0.22% |
| Q3 25 BEAT | $1.32 | $1.37 | +3.74% | $802.8M | +2.78% |
| Q2 25 BEAT | $1.01 | $1.07 | +5.76% | $731.6M | +1.00% |
| Q1 25 BEAT | $0.64 | $0.77 | +19.55% | $665.5M | +0.14% |