Bright Horizons Q2: Revenue +7%, Adjusted EPS +20%, Raises FY2026 Guidance
BFAM sits 35% above its 52-week low of $57.63.
Summary
Bright Horizons reported Q2 2026 revenue of $779M (+7% YoY) and adjusted EPS of $1.28 (+20% YoY), raised FY2026 guidance, and highlighted $473M in share buybacks.
Key Events · Earnings and Guidance · BFAM
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Q2 Revenue +7% to $779M
Revenue rose 7% YoY to $779.2M, led by 19% growth in back-up care revenue to $193.6M. Full-service center-based child care revenue grew 3% to $557.3M.
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Adjusted EPS +20% to $1.28
Diluted adjusted EPS increased 20% to $1.28, driven by higher service levels and back-up care contributions. GAAP EPS fell 17% to $0.79 due to $19.1M in impairment losses.
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FY2026 Guidance Raised
Company now expects FY2026 revenue of $3.085B-$3.115B and diluted adjusted EPS of $5.05-$5.15, up from prior implied guidance.
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$473M Share Repurchases in H1
Bright Horizons repurchased 6.6M shares for $473.2M in the first half of 2026, significantly reducing the weighted-average diluted share count to 53.2M from 57.8M a year ago.
Analysis · BFAM · Trade & Services
Bright Horizons delivered a solid Q2 with 7% revenue growth and 20% adjusted EPS growth, driven by strong back-up care performance. GAAP net income fell 26% due to $19.1M in impairment charges from center closures, but adjusted results and raised full-year guidance signal underlying business momentum. The company also repurchased $473M in shares during H1, reducing the share count and boosting per-share metrics.
At the time of this filing, BFAM was trading at $77.95 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $57.63 to $130.76. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.