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Bright Horizons Family Solutions BFAM Educational advisory services — Goodwill Impairment

Other product segments

Full service center-based child care
$6.3M
Back-up care
$0

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Other financials

Income statement

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Revenue$779.2M+6.5%
Gross profit$189.0M+3.5%
Operating income$79.8M-7.2%
Net income$40.6M-25.8%
EPS (diluted)$0.79-16.8%

Balance sheet

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Cash & equivalents$167.8M-14.9%
Total debt$1.8B+12.1%
Total equity$943.5M-32.6%
Total assets$3.8B-3.3%

Cash flow

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Operating cash flow$95.1M-29.2%
CapEx$19.0M+0.8%
Free cash flow$76.1M-34.0%

Valuation

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Market cap$3.97B-41.8%
Enterprise value$5.65B-31.7%
P/E22.7×-15.9×
P/S1.3×-1.1×

Profitability

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Gross margin23.5%-0.2pp
Operating margin10.3%0.0pp
Net margin5.8%-0.6pp
FCF margin8.6%

Returns & leverage

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Return on equity14.9%+1.8pp
Debt / equity+0.8×
Current ratio0.5×-0.1×

Where this comes from

Reported directly by Bright Horizons Family Solutions in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Bright Horizons Family Solutions’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:26 PM EST
Fiscal year
FY2025
Accession
0001437578-26-000006
Line itemFull servicecenter-basedchild careBack-up careEducationaladvisory servicesTotal
Change in reportable segments2,167(2,167)
Additions from acquisitions16,98316,983
Adjustments to prior year acquisitions110110
Impairments(4,179)(4,179)
Effect of foreign currency translation(36,259)(377)(36,636)
Balance at December 31, 20241,515,919209,08837,6761,762,683
Additions from acquisitions4,8574,857
Adjustments to prior year acquisitions531531

Item 8. Financial Statements and Supplementary Data

FAQ

What is Bright Horizons Family Solutions's educational advisory services — goodwill impairment?
Bright Horizons Family Solutions (BFAM) reported educational advisory services — goodwill impairment of $0 in Q4 2024.
What does educational advisory services — goodwill impairment mean?
This metric quantifies the reduction in the carrying value of goodwill associated with the educational advisory services segment when its fair value falls below its book value. It serves as an indicator of potential challenges in the segment's long-term profitability or market position relative to the original acquisition price. A non-zero value signals that the expected future economic benefits from previous acquisitions in this segment have diminished.

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