---
schema_version: "secwatch.filing_event.v1"
accession: "0001437578-23-000002"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:07:45.634966+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Horizons Q4 revenue $530M (+15% YoY); guides FY23 adj. EPS $2.80-$3.00

## Summary
- Q4 2022 revenue $530M (+15% YoY), net income $18M, diluted EPS $0.31; adj. diluted EPS $0.77.
- Full year 2022 revenue $2B (+15%), net income $81M, diluted EPS $1.37; adj. diluted EPS $2.60 (+31%).
- 2023 guidance: revenue $2.3-$2.4B, adj. diluted EPS $2.80-$3.00.
- Cash from operations $188.5M in 2022; capex and acquisitions totaled $278M.
- Cash $36.2M, $310.8M available under revolving credit facility at Dec 31, 2022.

## SEC filing metadata
- accession: 0001437578-23-000002
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000002/0001437578-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000002/bfam-20230216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437578-23-000002
- JSON: https://secwatch.observer/filing/0001437578-23-000002.json
- Plain text: https://secwatch.observer/filing/0001437578-23-000002.txt

## Key facts
- Earnings Releases
  BRIGHT HORIZONS FAMILY SOLUTIONS INC. updated its the year 2023 guidance (reaffirmed).
  - Period: the year 2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: we currently expect fiscal year 2023 revenue to be in the range of $2.3 billion to $2.4 billion, and diluted adjusted earnings per common share to be in the range
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000002/0001437578-23-000002-index.htm
- Earnings Releases
  BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported financial results for the fiscal quarter and year ended December 31, 2022.
  - Period: the fiscal quarter and year ended December 31, 2022
  - Result: reported results
  source text: On February 16, 2023, Bright Horizons Family Solutions Inc. issued a press release announcing its financial results for the fiscal quarter and year ended December 31, 2022 and provided financial guidance for the year 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000002/0001437578-23-000002-index.htm
- Earnings Releases
  BRIGHT HORIZONS FAMILY SOLUTIONS INC. reported financial results for fourth quarter and full year of 2022.
  - Period: fourth quarter and full year of 2022
  - Result: reported results
  source text: today announced financial results for the fourth quarter and full year of 2022 and provided guidance for 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1437578/000143757823000002/0001437578-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.