Filing Flows › Bright Horizons Family Solutions (BFAM) › Q3 2026
Bright Horizons Family Solutions (BFAM) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Bright Horizons Family Solutions (BFAM) reported revenue of $841M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +8% from the quarter before. Operating margin was -22.2%, net loss $231M (27.4% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $841M | +8% | +5% |
| Operating profit | −$187M | -334% | -255% |
| Net earnings | −$231M | -668% | -394% |
| Operating cash flow | $5.3M | -94% | — |
What changed
Revenue was $841.5M in Q3 2026, up 5% year over year and up 8% from the previous quarter. Full service center-based child care was the largest line at 62% of revenue. Back-up care added $33.0M year over year (up 13%), 85% of the total change. Educational advisory services declined 2%.
Gross margin was 24.3%, down 2.7 points from Q3 2025. Operating costs exceeded revenue by $187.1M, an operating margin of -22.2%. Operating expenses grew 307% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+19611%). The quarter ended with a net loss of $230.7M, after a profit of $40.6M the previous quarter.
Operating cash flow was $5.3M. Non-cash charges added back $25.2M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items added $203.0M. Capital expenditures of $30.4M exceeded it, leaving free cash flow of −$25.1M.
Questions
What was Bright Horizons Family Solutions' revenue in the third quarter 2026?
Bright Horizons Family Solutions (BFAM) reported revenue of $841M for the third quarter 2026 (Q3 2026), +5% from a year earlier and +8% from the quarter before.
Was Bright Horizons Family Solutions profitable in the third quarter 2026?
Operating loss was $187M (-22.2% of revenue) and net loss $231M.