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BFAM

Bright Horizons Family Solutions Inc.

BFAM

Bright Horizons Family Solutions Inc. • NYSE
$102.76 ▲ 0.29% (+0.30)
Market Cap $5.81 B
52w High $132.99
52w Low $91.49
Dividend Yield 0%
P/E 29.61
Volume 277.35K
Outstanding Shares 56.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $801.335M ▲ $94.726M ▼ $78.552M ▲ 9.803% ▲ $1.38 ▲ $144.892M ▲
Q2-2025 $731.57M ▲ $96.498M ▲ $54.775M ▲ 7.487% ▲ $0.96 ▲ $108.786M ▲
Q1-2025 $665.527M ▼ $93.465M ▲ $38.049M ▲ 5.717% ▲ $0.66 ▲ $84.147M ▲
Q4-2024 $674.146M ▼ $92.304M ▲ $29.123M ▼ 4.32% ▼ $0.5 ▼ $70.544M ▼
Q3-2024 $719.099M $92.139M $54.905M 7.635% $0.95 $111.898M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $116.604M ▼ $3.884B ▼ $2.457B ▼ $1.427B ▲
Q2-2025 $207.685M ▲ $3.92B ▲ $2.521B ▲ $1.399B ▲
Q1-2025 $135.273M ▲ $3.823B ▼ $2.499B ▼ $1.324B ▲
Q4-2024 $122.026M ▼ $3.85B ▼ $2.572B ▲ $1.278B ▼
Q3-2024 $127.228M $3.915B $2.516B $1.399B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $78.552M ▲ $-17.582M ▼ $-25.518M ▼ $-26.751M ▲ $-71.11M ▼ $-42.446M ▼
Q2-2025 $54.775M ▲ $134.196M ▲ $-23.426M ▼ $-42.678M ▲ $73.111M ▲ $115.384M ▲
Q1-2025 $38.049M ▲ $86.178M ▼ $-14.542M ▲ $-73.409M ▲ $253K ▼ $70.947M ▼
Q4-2024 $29.123M ▼ $120.649M ▲ $-25.102M ▲ $-87.992M ▼ $4.628M ▲ $88.592M ▲
Q3-2024 $54.905M $-8.937M $-28.53M $10.935M $-24.502M $-32.175M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Backup Dependent Care
Backup Dependent Care
 $160.00M ▲$130.00M ▼$160.00M ▲$250.00M ▲
Educational Advisory And Other Services
Educational Advisory And Other Services
 $30.00M ▲$30.00M ▲$30.00M ▲$30.00M ▲
Full Service Center Based Care
Full Service Center Based Care
 $480.00M ▲$510.00M ▲$540.00M ▲$520.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Revenue has climbed steadily over the past five years, with a clear rebound and then expansion after the pandemic period. Profitability has improved as the business has scaled, with operating and EBITDA earnings rising faster than sales. Net income dipped slightly in the middle of the period but has since recovered to the highest level in the set, suggesting better cost control and smoother operations. Overall, the income statement shows a mature operator that is still growing, but with profit margins that remain moderate and sensitive to labor and occupancy costs.

Balance Sheet

Balance Sheet Total assets have been fairly stable, while shareholders’ equity has rebuilt after a small dip, indicating gradual strengthening of the company’s capital base. Debt levels are meaningful but not rising, pointing to a leverage profile that is sizeable yet controlled. Cash on hand is relatively thin compared with earlier years, so the company relies more on consistent cash generation than on a large cash buffer. In short, the balance sheet looks steady but not overly conservative, with some ongoing dependence on credit markets and continued earnings health.

Cash Flow

Cash Flow Cash generation from day‑to‑day operations has improved year after year, reflecting both growing scale and better profitability. After funding a relatively modest but consistent level of capital spending, the company still produces positive free cash flow, and that free cash flow has grown over the period. This pattern suggests the business model converts earnings into cash reasonably well and can support reinvestment and obligations without strain, as long as revenue growth and center utilization remain solid.

Competitive Edge

Competitive Edge Bright Horizons operates with a notable edge in a fragmented industry by focusing on employer‑sponsored child care and family support. Long‑term relationships and contracts with large corporate and institutional clients create sticky demand and make it harder for rivals to displace them. The brand is well known and associated with quality and safety, and the company offers a broad suite of services that go beyond basic child care into back‑up care, elder care, and education benefits. The main competitive risks come from local and regional providers on price and from rising wage and regulatory pressures that can squeeze margins, but its scale and deep employer ties provide a meaningful moat.

Innovation and R&D

Innovation and R&D Innovation is centered more on services and technology than on traditional lab-style R&D. The MyBrightDay app strengthens parent engagement and operational efficiency, while EdAssist Solutions extends the company into workforce education and student loan support, deepening its role with employers. Data from these platforms offers room for more personalized learning and better program design. The company also continues to refine its curriculum and expand into broader work‑life solutions, and may use targeted acquisitions to add capabilities or enter new markets. Overall, innovation is tightly linked to improving the employee benefits package for clients and enhancing the family experience.

Summary

Across the last five years, Bright Horizons shows a picture of steady top‑line growth, improving profitability, and increasingly strong cash generation, all built on a distinctive employer‑focused model. The balance sheet carries meaningful debt but appears stable, supported by recurring revenue and solid free cash flow. The company’s core strengths lie in its long‑term corporate relationships, trusted brand, and technology‑enabled service offerings that address child care, education, and broader family needs. Key uncertainties revolve around labor costs, regulation, and the health of corporate employment and benefits budgets. If it continues to innovate in employer partnerships, digital tools, and education services, the business appears well positioned to sustain its niche within the broader work‑life and child care ecosystem.

NEWS

November 11, 2025 · 4:05 PM UTC

Parents Face Tough Choices: Career Ambitions Versus Family Needs

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November 4, 2025 · 4:05 PM UTC

Skills Crisis Intensifies as AI Reshapes Workplace

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October 30, 2025 · 4:22 PM UTC

Bright Horizons Family Solutions Reports Financial Results for the Third Quarter of 2025

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October 16, 2025 · 4:30 PM UTC

Bright Horizons Family Solutions Announces Date of Third Quarter 2025 Earnings Release and Conference Call

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September 30, 2025 · 4:05 PM UTC

A Decade of Change: How Student Loan Support Became an Essential Employee Benefit

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