Filing Flows › Bright Horizons Family Solutions (BFAM) › Q1 2025
Bright Horizons Family Solutions (BFAM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Bright Horizons Family Solutions (BFAM) reported revenue of $666M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -1% from the quarter before. Operating margin was 9.4%, net earnings $38.0M (5.7% of revenue).
Bright Horizons Family Solutions, Q1 2025: revenue $666M (+7% year over year), operating margin 9.4%, net earnings $38.0M, operating cash flow $86.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $666M | -1% | +7% |
| Gross profit | $156M | +11% | +15% |
| Operating profit | $62.3M | +29% | +56% |
| Net earnings | $38.0M | +31% | +124% |
| Operating cash flow | $86.2M | -29% | -26% |
| Free cash flow | $70.9M | -20% | -27% |
What changed
Revenue was $665.5M in Q1 2025, up 7% year over year and down 1% from the previous quarter.
Gross margin was 23.4%, up 1.7 points from a year earlier. Operating profit was $62.3M, a 9.4% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 6% margin then. Operating expenses fell 2% while revenue rose 7%. Net earnings were $38.0M, up 124% year over year. The effective tax rate was 26.7%.
Operating cash flow was $86.2M (down 26% year over year), 226% of net earnings. Non-cash charges added back $21.9M of depreciation and amortization and $8.2M of share-based compensation. Working capital and other items added $18.1M. Capital expenditures of $15.2M left free cash flow of $70.9M.
Questions
What was Bright Horizons Family Solutions' revenue in the first quarter 2025?
Bright Horizons Family Solutions (BFAM) reported revenue of $666M for the first quarter 2025 (Q1 2025), +7% from a year earlier and -1% from the quarter before.
Was Bright Horizons Family Solutions profitable in the first quarter 2025?
Operating profit was $62.3M (9.4% of revenue) and net earnings $38.0M.