Bright Horizons Family Solutions

Q2 FY2026 EarningsQ2 FY26 revenue of $779.2M slightly beat the $775.2M consensus (+0.5%), though GAAP EPS of $0.79 missed the $1.10 mean estimate significantly due to $19.1M in non-cash impairment losses. The Back-up care segment remains the primary growth engine, surging 19% YoY to $193.6M, offsetting stagnant North American Full-service child care revenue. A massive $473.2M share repurchase program in H1 2026 reduced diluted shares by ~10% YoY, partially cushioning the impact of center-based margin compression.