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Bright Horizons Family Solutions (BFAM) guidance and outlook
Bright Horizons Family Solutions (BFAM) lowered its guidance on Oct 29, 2026: Revenue $3.1B for FY2026; EPS $4.98–$5.03 for FY2026. Bright Horizons Family Solutions' 10-Q filed Oct 30, 2026 makes 10 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $3.1B | lowered |
| EPS | FY2026 | $4.98–$5.03 | lowered |
From the earnings release filed Oct 29, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Oct 30, 2026
- We continue to assess our global portfolio of centers through the evaluation of expected near-term and long-term performance, as well as our partnerships with clients.
- As a result, we routinely close underperforming centers and expect to continue to optimize our portfolio through the closure or other exit of centers identified in these evaluations over the next 12 months.
- We expect to continue making these investments, as appropriate, throughout the remainder of 2026 and beyond.
- We expect our center closures to exceed new openings over the next 12 months, and that we will continue to have challenging enrollment trends, including lower than historical average enrollment in our Australia centers.
- We expect to continue investing in increasing our network provider supply and in technology to support the growth of this segment.
- During the three months ended September 30, 2026, we completed our annual goodwill impairment assessment as of October 1, 2026, which resulted in impairment losses of $290.0 million due to revised long-term cash flow projections for our operations in Australia, which was not offset by the expected cash flows of the remaining full service operations outside North America.
- Based on the current interest rate projections, we estimate that our overall weighted average interest rate will be in the range of 5.5% to 5.75% for the remainder of 2026, inclusive of the effects of the cash flow hedges.
- Because of these limitations, adjusted EBITDA, adjusted income from operations and adjusted net income should not be considered as discretionary cash available to us to reinvest in the growth of our business or as measures of cash that will be available to us to meet our obligations.
- While we expect to be impacted by fluctuations in the foreign currency exchange rates throughout the remainder of the year, we do not currently expect that the effects of changes in foreign currency exchange rates will have a material net impact on our liquidity and capital resources for the remainder of 2026.
- We believe that funds provided by operations, our existing cash balances and borrowings available under our revolving credit facility will be adequate to fund all obligations and liquidity requirements for at least the next 12 months.
Bright Horizons Family Solutions' latest quarter
Bright Horizons Family Solutions, Q3 2026: revenue $841M (+5% year over year), operating margin -22.2%, net loss $231M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
Questions
Did Bright Horizons Family Solutions raise or lower its guidance?
Bright Horizons Family Solutions (BFAM) lowered its guidance on Oct 29, 2026: Revenue $3.1B for FY2026; EPS $4.98–$5.03 for FY2026.
What does Bright Horizons Family Solutions expect?
We continue to assess our global portfolio of centers through the evaluation of expected near-term and long-term performance, as well as our partnerships with clients. As a result, we routinely close underperforming centers and expect to continue to optimize our portfolio through the closure or other exit of centers identified in these evaluations over the next 12 months. We expect to continue making these investments, as appropriate, throughout the remainder of 2026 and beyond.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.