Filing Flows › Bright Horizons Family Solutions (BFAM) › Q2 2025
Bright Horizons Family Solutions (BFAM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Bright Horizons Family Solutions (BFAM) reported revenue of $732M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +10% from the quarter before. Operating margin was 11.8%, net earnings $54.8M (7.5% of revenue).
Bright Horizons Family Solutions, Q2 2025: revenue $732M (+9% year over year), operating margin 11.8%, net earnings $54.8M, operating cash flow $134M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $732M | +10% | +9% |
| Gross profit | $183M | +17% | +12% |
| Operating profit | $86.1M | +38% | +25% |
| Net earnings | $54.8M | +44% | +40% |
| Operating cash flow | $134M | +56% | +23% |
| Free cash flow | $115M | +63% | +33% |
What changed
Revenue was $731.6M in Q2 2025, up 9% year over year and up 10% from the previous quarter.
Gross margin was 25.0%, up 0.7 points from a year earlier. Operating profit was $86.1M, a 11.8% margin (up 1.5 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 10% margin then. Operating expenses grew 3% against revenue growth of 9%. Net earnings were $54.8M, up 40% year over year. The effective tax rate was 27.4%.
Operating cash flow was $134.2M (up 23% year over year), 245% of net earnings. Non-cash charges added back $22.7M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items added $49.9M. Capital expenditures of $18.8M left free cash flow of $115.4M.
Questions
What was Bright Horizons Family Solutions' revenue in the second quarter 2025?
Bright Horizons Family Solutions (BFAM) reported revenue of $732M for the second quarter 2025 (Q2 2025), +9% from a year earlier and +10% from the quarter before.
Was Bright Horizons Family Solutions profitable in the second quarter 2025?
Operating profit was $86.1M (11.8% of revenue) and net earnings $54.8M.