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Bright Horizons Family Solutions BFAM Full service center-based child care — Goodwill Impairment

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$4.59M

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-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

Nonrecurring Fair Value Estimates — During the three months ended June 30, 2026, the Company recognized impairment losses of $19.1 million. This includes $12.8 million primarily related to operating lease right-of-use assets and fixed assets, and $6.3 million of goodwill, in its full service center-based child care segment. The Company continues to monitor developments in certain markets which could lead to future impairment.

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Bright Horizons Family Solutions's full service center-based child care — goodwill impairment?
Bright Horizons Family Solutions (BFAM) reported full service center-based child care — goodwill impairment of $6.3M in Q2 2026.
What does full service center-based child care — goodwill impairment mean?
This metric quantifies the reduction in the carrying value of goodwill associated with the full-service child care segment when the fair value of the reporting unit falls below its book value. It serves as a critical indicator that the expected future economic benefits of past acquisitions have diminished. A significant impairment loss often signals challenges in the competitive landscape or a decline in the long-term profitability of the acquired assets.

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