Every 10-Q that BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BFAM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BFAM filings page.
Bright Horizons Family Solutions reported Q2 2026 revenue of $779.2 million, up 6.5% from a year earlier, driven mainly by 19% growth in back-up care and 3% growth in full service child care from tuition rate increases. However, net income fell to $40.6 million from $54.8 million as margins were pressured by higher personnel costs and $19.1 million of impairments in the full service segment, including $6.3 million of goodwill.
For the first half of 2026, revenue rose 6.7% to $1.49 billion and adjusted EBITDA increased to $226.2 million, while income from operations edged down to $144.8 million. Operating cash flow was $202.8 million. The company continued to rebalance its center portfolio, closing underperforming locations and noting softer enrollment and operating conditions in Australia.
Bright Horizons also reshaped its capital structure, repurchasing approximately 6.6 million shares for $473.2 million under a new $600 million authorization, which eliminated additional paid-in capital and reduced period-end equity to $943.5 million. It added a new $375 million term loan A and expanded its revolving credit facility to $1.0 billion, ending June 30, 2026 with total debt of $1.29 billion and cash of $163.7 million. The Q2 effective tax rate rose to 38.2% from 27.4%, reflecting unbenefited foreign losses and stock-based compensation tax shortfalls.
Bright Horizons Family Solutions reported Q1 2026 revenue of $712.2 million, up 7% from $665.5 million a year earlier, driven by 6% growth in full service child care and 12% growth in back-up care. Tuition increases of about 4% and stronger international results supported the improvement.
Net income declined to $34.1 million from $38.0 million as higher labor, benefits and interest costs offset revenue gains, with diluted EPS at $0.62 versus $0.66. Operating margin stayed near 9%. The company generated $107.7 million in operating cash flow, repurchased about 2.9 million shares for $224.8 million, and ended the quarter with $133.4 million in cash and $1.08 billion of total debt, mainly from its term loan B and a multi-currency revolving credit facility.
Bright Horizons Family Solutions (BFAM) posted stronger Q3 results. Revenue rose to $802.8 million from $719.1 million, and diluted EPS increased to $1.37 from $0.94 as operating income improved. Net income was $78.6 million versus $54.9 million a year ago.
Growth was broad-based: full service center-based child care revenue reached $515.5 million and back-up care climbed to $253.4 million, with management noting a 26% year-over-year increase in back-up care revenue on higher utilization. For the nine months, revenue was $2.20 billion and diluted EPS was $2.97.
The company reworked its capital structure: it expanded its revolving credit facility to $900 million, repaid term loan A, and refinanced term loan B (now maturing in 2032), contributing to lower weighted average interest rates. It also repurchased about 0.9 million shares for $106.0 million, leaving $448.8 million under its authorization. Shares outstanding were 56,801,470 as of September 30, 2025; as of October 27, 2025, there were 56,553,944.