Bright Horizons Q4 net income falls 25% on 9% revenue rise; issues 2026 outlook
Bright Horizons reported fourth-quarter 2025 revenue of $734 million, up 9%, but net income fell 25% to $22 million and diluted EPS fell to $0.38 from $0.50, partly due to $14.8 million of incremental impairment and lease termination costs. For full-year 2025, revenue rose 9% to $2.9 billion and diluted EPS rose 40% to $3.36, and the company gave 2026 guidance of $3.075 billion to $3.125 billion in revenue and $4.90 to $5.10 in diluted adjusted EPS. The filing also disclosed higher 2026 pay targets for the CEO and CFO and a shift in the long-term incentive program toward performance-based awards.
Key points
- Q4 2025 revenue $733.7 million, up 9%; income from operations $45.5 million, down 6%
- Q4 2025 diluted EPS $0.38 versus $0.50 a year earlier; diluted adjusted EPS $1.15, up 17%
- Full-year 2025 revenue $2.9 billion, up 9%; net income $193 million, up 38%
- 2026 guidance: revenue $3.075 billion to $3.125 billion; diluted adjusted EPS $4.90 to $5.10
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 12, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.