Filing Flows › Bright Horizons Family Solutions (BFAM) › Q2 2026
Bright Horizons Family Solutions (BFAM) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Bright Horizons Family Solutions (BFAM) reported revenue of $779M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +9% from the quarter before. Operating margin was 10.2%, net earnings $40.6M (5.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $779M | +9% | +7% |
| Gross profit | $189M | +16% | +4% |
| Operating profit | $79.8M | +23% | -7% |
| Net earnings | $40.6M | +19% | -26% |
| Operating cash flow | $95.1M | -12% | -29% |
| Free cash flow | $76.1M | -13% | -34% |
What changed
Revenue was $779.2M in Q2 2026, up 7% year over year and up 9% from the previous quarter. Full service center-based child care was the largest line at 72% of revenue. Back-up care added $30.9M year over year (up 19%), 65% of the total change. Educational advisory services declined 1%.
Gross margin was 24.3%, down 0.7 points from Q2 2025. Operating profit was $79.8M, a 10.2% margin (down 1.5 points year over year). Operating profit fell $6.2M even though revenue rose $47.6M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 13% against revenue growth of 7%. The fastest-growing cost line was SG&A (+14%). Net earnings were $40.6M, down 26% year over year. The effective tax rate was 38.2%.
Operating cash flow was $95.1M (down 29% year over year), 234% of net earnings. Non-cash charges added back $24.6M of depreciation and amortization and $7.0M of share-based compensation. Working capital and other items added $22.8M. Capital expenditures of $19.0M left free cash flow of $76.1M.
Questions
What was Bright Horizons Family Solutions' revenue in the second quarter 2026?
Bright Horizons Family Solutions (BFAM) reported revenue of $779M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +9% from the quarter before.
Was Bright Horizons Family Solutions profitable in the second quarter 2026?
Operating profit was $79.8M (10.2% of revenue) and net earnings $40.6M.