---
schema_version: "secwatch.filing_event.v1"
accession: "0001437578-26-000003"
form_type: "8-K"
ticker: "BFAM"
cik: "0001437578"
company_name: "BRIGHT HORIZONS FAMILY SOLUTIONS INC."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T02:58:53.712351+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "medium"
source: SEC EDGAR
---

# Bright Horizons Q4 revenue up 9% to $734M but net income falls 25% to $22M; EPS $0.38

## Summary
- Revenue of $734M (+9% YoY); income from operations $45M (-6%).
- Net income $22M, diluted EPS $0.38 (down 24% from $0.50).
- CEO Kramer's target LTIP increased to $5M (from $3.5M); CFO Boland to $1.5M (from $1.1M).
- LTIP revised: 50% performance-based RSUs for NEOs; stock options eliminated.
- One-time RSU award of $500k to COO Mandy Berman for additional responsibilities.

## SEC filing metadata
- accession: 0001437578-26-000003
- form_type: 8-K
- ticker: BFAM
- cik: 0001437578
- company_name: BRIGHT HORIZONS FAMILY SOLUTIONS INC.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: medium
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437578/000143757826000003/0001437578-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437578/000143757826000003/bfam-20260209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437578-26-000003
- JSON: https://secwatch.observer/filing/0001437578-26-000003.json
- Plain text: https://secwatch.observer/filing/0001437578-26-000003.txt

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