Bright Horizons (BFAM)
NYSE:BFAM
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.2Last Year’s EPS
1.07Same Quarter Last Year
Moderate Buy
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational and financial trajectory driven by strong Backup Care momentum, consolidated revenue and EPS growth, healthy free cash flow conversion, and proactive capital allocation (opportunistic buybacks). Management also reiterated full-year guidance and provided constructive Q2 visibility. However, meaningful headwinds from the Australia Full Service operations, portfolio rationalization (center closures), and near-term margin pressure temper the outlook. On balance, the highlights (notably Backup strength, cash generation, guidance reaffirmation, and go-to-market integration) outweigh the lowlights, though Australia remains a material watch item.Company Guidance
Consolidated Revenue and EPS Growth
Q1 revenue of $712 million, up 7% year-over-year; adjusted EPS of $0.82, up 6% and modestly ahead of guidance ($0.75–$0.80).
Backup Care Momentum
Backup Care revenue grew 12.5% to $145 million (16th consecutive quarter of double-digit top-line growth); management raised full-year Backup revenue guidance to +12%–14% (from 11%–13%) and set a longer-term Backup growth algorithm of 11%–13%.
Strong Cash Generation and Capital Allocation
Q1 operating cash flow of $108 million and free cash flow of $88 million; trailing 12-month free cash flow $276 million representing 106% conversion to adjusted net income. Executed $225 million of opportunistic share repurchases in Q1 and has $577 million remaining on the new authorization.
Reaffirmed Full-Year Guidance and Q2 Visibility
Reaffirmed 2026 revenue guidance of $3.075B–$3.125B and adjusted EPS guidance of $4.90–$5.10. Q2 revenue growth outlook of 5.25%–6.5% and Q2 adjusted EPS guidance of $1.17–$1.22; management cited early summer reservations and visibility into Backup Care demand.
Full Service Operational Improvements
Full Service revenue grew 6% to $541 million; occupancy averaged in the mid-60% range (improving sequentially and year-over-year). Cohort improvements: top cohort (>70% occupancy) improved to 48% from 47% and bottom cohort (<40%) fell to 8% from 13% year-over-year. Full Service adjusted operating income increased $4 million to $37 million, expanding margin 30 basis points (6.8% of revenue).
Product and Go-to-Market Integration
Executed organizational changes to unify salesforce and account management, integrated CRM and consumer data platform initiatives, and hosted client summit with 100+ clients—actions intended to drive cross-product adoption and client penetration (current Backup penetration <5%).
Education Advisory Stability and New Wins
Education Advisory revenue of $27 million, up 2% year-over-year; notable new client launches in the quarter included NXP Semiconductors, Visa, and Huntington Bank.
Healthy Balance Sheet Metrics
Net leverage of 1.9x net debt to adjusted EBITDA at quarter end and cash of $133 million, indicating manageable leverage after buybacks.
BFAM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BFAM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $81.57 | $66.36 | -18.65% |
Feb 12, 2026 | $81.83 | $66.90 | -18.25% |
Oct 30, 2025 | $92.28 | $109.23 | +18.37% |
Jul 31, 2025 | $113.10 | $125.10 | +10.61% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bright Horizons (BFAM) report earnings?
Bright Horizons (BFAM) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is Bright Horizons (BFAM) earnings time?
Bright Horizons (BFAM) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BFAM EPS forecast?
BFAM EPS forecast for the fiscal quarter 2026 (Q2) is 1.2.