BFAM Bright Horizons (BFAM) Q1 FY26 earnings call
Bright Horizons delivered Q1 FY26 results in line with revenue expectations and slightly ahead on adjusted EPS, driven by robust double-digit growth in Back-Up Care and improved Full Service operating margins. However, significant enrollment declines and operating challenges in Australia created a notable headwind, constraining overall margin expansion. The company reaffirmed its full-year guidance, leveraging strong momentum in Back-Up Care and strategic portfolio rationalization to offset regional underperformance.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
BFAM operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| New stores opened | 2We opened 2 centers in the first quarter, one in the Netherlands and our third location for Toyota here in the United States.Source: earnings call transcript | 7We opened 7 centers in the quarter, including 5 for employer clients here in the US Three centers were for a leading academic medical center that had self-operated their centers for more than 20 years before making the decision to have Bright Horizons assume the management of these programs with their ongoing financial support.Source: earnings call transcript | +250% |
| Stores | 988During the quarter, we had net closures of 22, resulting in a center count at quarter end of 988 centers.Source: earnings call transcript | 988We ended the quarter with 988 centers, opening 7, as Stephen mentioned, while also closing 7 lease model centers.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.