Filing Flows › Industrials › Bright Horizons Family Solutions (BFAM)
Bright Horizons Family Solutions (BFAM) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Oct 30, 2026 · Bright Horizons Family Solutions (BFAM) Q3 2026 earnings results →
Q3 2026 Revenue up 5% year over year to $841M · 27¢ of every $1 of revenue lost · operating margin -22.2%
Bright Horizons Family Solutions made $841M in Q3 2026 (+5% Y/Y): Full service center-based child care $522M, Back-up care $286M, Educational advisory services $33.1M. Operating margin -22.2%, net loss $231M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 30, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $841.5M in Q3 2026, up 5% year over year and up 8% from the previous quarter. Full service center-based child care was the largest line at 62% of revenue. Back-up care added $33.0M year over year (up 13%), 85% of the total change. Educational advisory services declined 2%.
Gross margin was 24.3%, down 2.7 points from Q3 2025. Operating costs exceeded revenue by $187.1M, an operating margin of -22.2%. Operating expenses grew 307% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+19611%). The quarter ended with a net loss of $230.7M, after a profit of $40.6M the previous quarter.
Operating cash flow was $5.3M. Non-cash charges added back $25.2M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items added $203.0M. Capital expenditures of $30.4M exceeded it, leaving free cash flow of −$25.1M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Oct 30, 2026 | $841M | +5% | -22.2% | −$231M | $5.3M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $779M | +6% | 10.2% | $40.6M | $95.1M |
| Q1 2026 | 10-Q | May 7, 2026 | $712M | +7% | 9.1% | $34.1M | $108M |
| Q4 2025 | 10-K | Feb 26, 2026 | $734M | +9% | 6.2% | $21.7M | $148M |
| Q3 2025 | 10-Q | Nov 5, 2025 | $803M | +12% | 15.1% | $78.6M | −$17.6M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $732M | +9% | 11.8% | $54.8M | $134M |
| Q1 2025 | 10-Q | May 7, 2025 | $666M | +7% | 9.4% | $38.0M | $86.2M |
Charts
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🔄Rotation against the market and its industry (RRG)interactive
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⚖️Fair value by methodinteractive
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📈Investments: gains and what it boughtinteractive
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About Bright Horizons Family Solutions
For 40 years, Bright Horizons has been a champion for working families — designing and delivering innovative education and care solutions. We are a leading provider of high-quality early education and child care, comprehensive back-up care solutions and educational advisory services. Our offerings support both working families and employers’ workforce strategies by supporting their employees across life and career stages, and improving employee recruitment, engagement, productivity, retention, and career advancement. We provide services primarily under multi-year contracts with employer-clients who offer early education and child care, back-up care, and educational advisory services as part of their employee benefits package.
In its own words, from its 10-K, filed Feb 26, 2026.
Bright Horizons Family Solutions against its Services-Child Day Care Services peers
The largest companies of the same SEC industry, each at its latest quarter.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| BFAM Bright Horizons Family Solutions | Q3 2026 | $841M | +5% | -22.2% |
| KLC KinderCare Learning Companies | Q2 2026 | $698M | -0.4% | 0.3% |
Source: Bright Horizons Family Solutions 10-Q on SEC EDGAR · CIK 1437578 · Services-Child Day Care Services
Guidance and outlook
13F: who owns BFAM and who is buying
More on BFAM
- How Bright Horizons Family Solutions makes money: revenue by segment
- Bright Horizons Family Solutions next earnings date and what analysts expect
- Bright Horizons Family Solutions stock forecast, price target and fair value
- Who owns Bright Horizons Family Solutions stock: holders, funds and Congress trades
- Bright Horizons Family Solutions guidance and outlook
- Is Bright Horizons Family Solutions a takeover target? LBO and rumors
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results
- Bright Horizons Family Solutions guidance history: guided vs reported
- Bright Horizons Family Solutions gross margin by quarter
- Bright Horizons Family Solutions operating margin by quarter
- Bright Horizons Family Solutions net income by quarter
- Bright Horizons Family Solutions free cash flow by quarter
- Bright Horizons Family Solutions capital expenditures by quarter
- Bright Horizons Family Solutions Full service center-based child care revenue by quarter
- Bright Horizons Family Solutions Back-up care revenue by quarter
- Bright Horizons Family Solutions Educational advisory services revenue by quarter