BFAMHIGH SIGNALFINANCIAL10-K

BFAM delivered explosive 304% revenue growth alongside significant share buyback acceleration and reduced share count, indicating major business expansion or acquisition activity.

The massive revenue jump from $472M to $1.9B suggests either a transformative acquisition or major organic expansion that fundamentally changes the company's scale. The company's confidence is evidenced by tripling share buybacks to $225M while reducing outstanding shares by 4%, signaling management believes the stock is undervalued despite the rapid growth.

Comparing 2026-02-26 vs 2025-02-27View on EDGAR →
FINANCIAL ANALYSIS

BFAM's financials show dramatic expansion with revenue exploding 304% while maintaining healthy profitability growth (net income up 38%, operating income up 28%). The company generated strong cash flows enabling aggressive capital returns through $225M in buybacks, though current liabilities increased 24% likely supporting the expanded operations. The overall picture suggests a company that has successfully scaled through acquisition or expansion while maintaining operational efficiency and returning substantial cash to shareholders.

FINANCIAL STATEMENT CHANGES
Revenue
P&L
+303.6%
$471.6M$1.9B

Strong top-line growth of 303.6% — accelerating demand or successful expansion into new markets.

Share Buybacks
Cash Flow
+166.5%
$84.6M$225.4M

Share repurchases increased 166.5% — management returning capital, signals confidence in intrinsic value.

Total Deposits
Balance Sheet
+67.7%
$3.1M$5.2M

Deposits grew 67.7% — expanding customer base or increased trust in the institution.

Net Income
P&L
+37.8%
$140.2M$193.1M

Net income grew 37.8% — bottom-line growth signals improving overall business health.

Operating Income
P&L
+27.6%
$246.6M$314.7M

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

Cash & Equivalents
Balance Sheet
+27%
$110.3M$140.1M

Cash grew 27% — improving liquidity position supports investment and shareholder returns.

Current Liabilities
Balance Sheet
+24%
$779.4M$966.2M

Current liabilities rose 24% — increased short-term obligations, watch current ratio.

Gross Profit
P&L
+12.5%
$619.6M$697.2M

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

LANGUAGE CHANGES
NEW — 2026-02-26
PRIOR — 2025-02-27
ADDED
As of February 13, 2026, there were 55,113,645 shares of the registrant s common stock outstanding.
PART I In this Annual Report on Form 10-K for the year ended December 31, 2025, Bright Horizons Family Solutions Inc.
Business Our Company For 40 years, Bright Horizons has been a champion for working families designing and delivering innovative education and care solutions.
We are a leading provider of high-quality early education and child care, comprehensive back-up care solutions and educational advisory services.
Our offerings support both working families and employers workforce strategies by supporting their employees across life and career stages, and improving employee recruitment, engagement, productivity, retention, and career advancement.
+7 more — sign up free →
REMOVED
As of February 14, 2025, there were 57,354,223 shares of the registrant s common stock outstanding.
Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements.
Business Our Company For more than 35 years, Bright Horizons has been a champion for working families designing and delivering innovative education and care solutions.
We are a leading provider of high-quality early education and child care, family care solutions, and workforce education services that are designed to help working families and client employees thrive personally and professionally.
These benefits help employers support their employees across life and career stages and improve recruitment, employee engagement, productivity, retention, and career advancement.
+7 more — sign up free →
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