Bright Horizons Family Solutions
Leading provider of employer-sponsored child care, back-up care, and workforce education services.
Bright Horizons Investor Relations – FY 2024 Financial ResultsBright Horizons Family Solutions is a publicly traded company (NYSE: BFAM) headquartered in Newton, Massachusetts, founded in 1986 and formed in its current structure through a 1998 merger with Corporate Family Solutions. The company serves corporations, universities, hospitals, and government agencies by delivering on-site child care, back-up care, elder care, and educational support programs. It operates internationally with offices in the US, UK, Netherlands, Australia, and India.
The company operates more than 1,000 child care centers worldwide—over 700 in the US and Canada and more than 300 in the UK and Netherlands—and employs over 30,000 people. It partners with more than 1,450 leading employers, making it one of the largest employer-sponsored child care providers globally.
For full-year 2024, Bright Horizons reported revenue of US$2.69 billion (up 11% year-over-year), net income of $140 million (up 89%), and diluted EPS of $2.40 (up 88%), reflecting significant improvement in profitability. Notable acquisitions include College Coach, EdAssist Solutions, Kidsunlimited, Asquith Court, and Sittercity.
As a company deeply embedded in workforce family support and education, Bright Horizons is highly relevant to innovations in early childhood education technology, employee benefits platforms, eldercare solutions, and workforce development tools.