Filing Flows › Bright Horizons Family Solutions (BFAM) › Q2 2026 › vs Q1 2026
Bright Horizons Family Solutions (BFAM) Q2 2026 vs Q1 2026 (quarter over quarter)
Bright Horizons Family Solutions's revenue rose $67.0M (+9%) from $712M in Q1 2026 to $779M in Q2 2026. The biggest changes: Back-up care +$48.9M (+34%); Full service center-based child care +$16.7M (+3%); Educational advisory services +$1.4M (+5%). Gross margin 24.3% against 23.0% (+1.3 pts).
Bright Horizons Family Solutions, Q2 2026: revenue $779M (+6% year over year), operating margin 10.2%, net earnings $40.6M, operating cash flow $95.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 24.3% | 23.0% | +1.3 pts |
| Operating margin | 10.2% | 9.1% | +1.1 pts |
| Net margin | 5.2% | 4.8% | +0.4 pts |
| Free cash flow margin | 9.8% | 12.3% | -2.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Full service center-based child care | $557M | $541M | $16.7M | +3% |
| Back-up care | $194M | $145M | $48.9M | +34% |
| Educational advisory services | $28.3M | $26.9M | $1.4M | +5% |
| Revenue | $779M | $712M | $67.0M | +9% |
| Gross profit | $189M | $163M | $25.5M | +16% |
| Cost of revenue | $590M | $549M | $41.5M | +8% |
| Operating profit | $79.8M | $64.9M | $14.9M | +23% |
| Operating expenses | $109M | $98.5M | $10.6M | +11% |
| Pre-tax earnings | $65.8M | $52.9M | $12.9M | +24% |
| Other expense, net | $14.0M | $12.0M | $2.0M | +17% |
| SG&A | $108M | $97.4M | $10.6M | +11% |
| Other operating costs | $1.1M | $1.2M | −$44K | -4% |
| Net earnings | $40.6M | $34.1M | $6.5M | +19% |
| Income tax | $25.2M | $18.8M | $6.3M | +34% |
| Depreciation & amortization | $24.6M | $23.2M | $1.4M | +6% |
| Share-based compensation | $7.0M | $7.4M | −$392K | -5% |
| Working capital & other | $22.8M | $43.0M | −$20.2M | -47% |
| Operating cash flow | $95.1M | $108M | −$12.7M | -12% |
| Free cash flow (OCF − capex) | $76.1M | $87.6M | −$11.5M | -13% |
| Capital expenditures | $19.0M | $20.1M | −$1.2M | -6% |
Questions
How much did Bright Horizons Family Solutions's revenue grow quarter over quarter in Q2 2026?
Bright Horizons Family Solutions's revenue rose $67.0M (+9%) from $712M in Q1 2026 to $779M in Q2 2026.
What drove Bright Horizons Family Solutions's revenue change in Q2 2026?
Back-up care +$48.9M (+34%); Full service center-based child care +$16.7M (+3%); Educational advisory services +$1.4M (+5%).