Bright Horizons Guides $3.08–3.13B 2026 Revenue, Plans 45–50 Center Closures
Bright Horizons reported full-year 2025 revenue of $2.93 billion, up 9%, and adjusted EPS of $4.55, a 31% increase, with Back-Up Care revenue exceeding $725 million. Management guides 2026 revenue of $3.075–3.125 billion and adjusted EPS of $4.90–5.10 while planning 45–50 center closures.
1. Fiscal 2025 Results
Bright Horizons delivered $2.93 billion in revenue for fiscal 2025, marking a 9% year-over-year increase, and posted adjusted EPS of $4.55, up 31%. The Back-Up Care segment was a standout, generating more than $725 million in revenue.
2. 2026 Guidance and Valuation
For fiscal 2026, management forecasts revenue between $3.075 billion and $3.125 billion and adjusted EPS of $4.90 to $5.10, implying a forward P/E of roughly 15× versus a $97.11 analyst target price.
3. Operational Risks and Headwinds
Despite 2025 growth, the stock is down 24% year to date and faces structural challenges, including planned closure of 45–50 full-service centers, thin margins in child care operations, and ongoing securities fraud investigations.