Bright Horizons Family Solutions Inc. (BFAM)

BFAM Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,790	2,686	2,418	2,020	1,755	1,515
Revenue Growth (YoY)	9.25%	11.07%	19.69%	15.11%	15.86%	-26.52%
Cost of Revenue	2,100	2,036	1,896	1,629	1,391	1,287
Gross Profit	690.65	649.91	522.23	391.85	364.11	227.65
Selling, General & Admin	364.11	352.46	324.32	279.96	249.48	220.95
Other Operating Expenses	-	-	4	-	-	-
Operating Expenses	372.22	370.81	361.74	311.87	278.66	252.61
Operating Income	318.43	279.1	160.49	79.99	85.46	-24.96
Interest Expense	-43.97	-48.76	-51.61	-39.49	-36.1	-37.68
Currency Exchange Gain (Loss)	-	-	-	-5.92	-	-
EBT Excluding Unusual Items	274.46	230.34	108.88	34.58	49.36	-62.64
Merger & Restructuring Charges	-	-	-	-9.2	-	-6.6
Asset Writedown	-30.3	-30.3	-35.9	-	-	-
Other Unusual Items	-2.18	-2.18	46.66	86.8	40.99	84.89
Pretax Income	241.97	197.86	119.63	112.18	90.35	15.65
Income Tax Expense	65.12	57.67	45.41	31.54	19.89	-11.34
Net Income	176.85	140.19	74.22	80.64	70.46	26.99
Preferred Dividends & Other Adjustments	-	-	0.17	0.34	0.31	0.12
Net Income to Common	176.85	140.19	74.05	80.3	70.15	26.88
Net Income Growth	73.95%	88.88%	-7.96%	14.45%	161.04%	-85.04%
Shares Outstanding (Basic)	58	58	58	58	60	60
Shares Outstanding (Diluted)	58	58	58	58	61	60
Shares Change (YoY)	-0.03%	0.93%	-0.95%	-3.91%	0.93%	2.31%
EPS (Basic)	3.07	2.42	1.28	1.38	1.16	0.45
EPS (Diluted)	3.05	2.40	1.28	1.37	1.15	0.45
EPS Growth	75.19%	87.50%	-6.76%	19.11%	158.61%	-85.37%
Free Cash Flow	242.75	240.15	165.12	117.92	163.76	124.83
Free Cash Flow Per Share	4.17	4.11	2.85	2.02	2.69	2.07
Gross Margin	24.75%	24.20%	21.59%	19.39%	20.74%	15.02%
Operating Margin	11.41%	10.39%	6.64%	3.96%	4.87%	-1.65%
Profit Margin	6.34%	5.22%	3.06%	3.97%	4.00%	1.77%
Free Cash Flow Margin	8.70%	8.94%	6.83%	5.84%	9.33%	8.24%
EBITDA	407.86	377.02	271.17	186.13	194.29	86.71
EBITDA Margin	14.62%	14.04%	11.21%	9.21%	11.07%	5.72%
D&A For EBITDA	89.43	97.92	110.68	106.14	108.83	111.66
EBIT	318.43	279.1	160.49	79.99	85.46	-24.96
EBIT Margin	11.41%	10.39%	6.64%	3.96%	4.87%	-1.65%
Effective Tax Rate	26.91%	29.15%	37.96%	28.12%	22.01%	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q