Bright Horizons Family Solutions (BHS) Reports Q4 Revenue Down 8%

Bright Horizons Family Solutions (BHS) (NASDAQ: BHS) reported fourth-quarter revenue of $287.5 million, a 8% year-over-year decline, with net income falling 12% to $13.2 million, or 16 cents per share, on February 12, 2026. The decline followed a continued contraction in early childhood education enrollment and higher-than-expected severance expenses. Supporting context: The company attributed the revenue drop to soft demand in its preschool and family services segments, with enrollment down 6% for the quarter. Management cited ongoing economic challenges and reduced government funding as key factors. The earnings miss exceeded analyst expectations by $0.02 per share.