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Bright Horizons Family Solutions BFAM Full service center-based child care — Cost of Services

Other segment segments

Back-up care
$105.38M+18.7%
Educational advisory services
$15.02M+3.4%

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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$3.89B-43.0%
Enterprise value$5.57B-32.7%
P/E22.2×-16.4×
P/S1.3×-1.2×

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:CostOfRevenue.

The source filing: Bright Horizons Family Solutions’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437578-26-000020
Three months ended June 30, 2026Full servicecenter-basedchild careBack-up careEducationaladvisory servicesTotal
Revenue$557,297$193,586$28,295$779,178
Cost of services469,818105,37915,018590,215
Other segment items (1)62,41937,9298,798109,146
Income from operations (2)$25,060$50,278$4,479$79,817
Interest expense — net(14,023)
Income before income tax$65,794
Three months ended June 30, 2025
Revenue$540,267$162,670$28,633$731,570

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bright Horizons Family Solutions's full service center-based child care — cost of services?
Bright Horizons Family Solutions (BFAM) reported full service center-based child care — cost of services of $469.82M in Q2 2026.
How has Bright Horizons Family Solutions's full service center-based child care — cost of services changed year-over-year?
Bright Horizons Family Solutions's full service center-based child care — cost of services increased by 5.4% year-over-year, from $445.74M to $469.82M.
What is the long-term trend for Bright Horizons Family Solutions's full service center-based child care — cost of services?
Over 3 years (2022 to 2025), Bright Horizons Family Solutions's full service center-based child care — cost of services has grown at a 12.4% compound annual growth rate (CAGR), from $1.27B to $1.8B.
What does full service center-based child care — cost of services mean?
This captures the direct costs associated with operating full-service child care centers, including staff wages, facility maintenance, and educational supplies. Monitoring this metric is essential for assessing the direct operational efficiency and labor management of the primary service delivery model.

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