Bright Horizons Family Solutions Inc. (BFAM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 107.72M | 144.89M | -17.58M | 134.2M | 86.18M | 120.65M | -8.94M | 109.45M | 116.3M | 95.17M | -19.07M | 112.73M | 67.31M | 57.49M | 5.21M | 67.21M | 58.56M | 42.01M | 49.52M | 67.43M |
| Operating CF Margin % | 15.12% | 19.75% | -2.19% | 18.34% | 12.95% | 17.9% | -1.24% | 16.33% | 18.68% | 15.46% | -2.95% | 18.69% | 12.16% | 10.86% | 0.96% | 13.71% | 12.72% | 9.08% | 10.76% | 15.27% |
| Operating CF Growth % | 25% | 20.09% | -96.73% | 22.61% | -25.9% | 26.77% | 53.14% | -2.91% | 72.78% | 65.53% | -466.19% | 67.72% | 14.95% | 36.87% | -89.48% | -0.32% | -14.26% | 5.76% | -58.24% | 625.85% |
| Net Income | 71.75M | 21.74M | 78.55M | 54.77M | 38.05M | 29.12M | 54.91M | 39.17M | 16.99M | 5.51M | 39.98M | 20.59M | 8.13M | 18.04M | 18.25M | 24.95M | 19.41M | 17.69M | 26.82M | 18.82M |
| Depreciation & Amortization | 23.23M | 24.75M | 24.05M | 22.73M | 21.88M | 22.32M | 22.5M | 25.47M | 27.63M | 27.95M | 26.5M | 28.92M | 27.31M | 28.18M | 27.3M | 25.09M | 25.58M | 25.97M | 27.47M | 28.11M |
| Stock-Based Compensation | 7.42M | 0 | 7.53M | 6.83M | 8.16M | 9.01M | 9.09M | 8.11M | 7.41M | 7.68M | 7.84M | 7.46M | 5.85M | 6.83M | 7.51M | 7.67M | 6.1M | 6.33M | 5.6M | 5.83M |
| Deferred Taxes | 5.86M | -10.77M | 3.32M | 163K | 5.01M | -3.08M | -2.92M | -2.21M | -1.71M | -8.03M | 562K | -3.65M | -597K | -1.44M | -3.94M | -4.64M | 376K | -6.57M | -665K | 1.22M |
| Other Non-Cash Items | -35.28M | 50.54M | -16.03M | 62.89M | -113K | 30.91M | 4.97M | 1.96M | 5.45M | 39.54M | 3.43M | 2.96M | 2.48M | 15.59M | 2.35M | 5.31M | 159K | 19.48M | 2.86M | 1.48M |
| Working Capital Changes | 34.75M | 58.63M | -114.99M | -13.2M | 13.2M | 32.37M | -97.48M | 36.95M | 60.53M | 22.51M | -97.39M | 56.45M | 24.15M | -9.71M | -46.26M | 8.85M | 6.95M | -20.9M | -12.55M | 11.98M |
| Change in Receivables | 0 | 0 | 38.53M | -44.8M | 44.8M | -53.38M | -97.57M | 35.92M | 61.65M | -57.34M | -42.97M | 49.07M | -13.27M | -21.25M | -21.89M | 15.36M | 22.89M | -50.46M | -19.5M | 25.33M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -223K | 0 | 0 | 0 | -10.49M | 0 | -10.62M | -23.67M | 0 | 0 |
| Change in Payables | 0 | 0 | -18.16M | 32.42M | -32.42M | 17.33M | -22.56M | 42.48M | -19.92M | 19.45M | 223K | 0 | 0 | 3.32M | 10.49M | 6.01M | 10.62M | 6.24M | 10.73M | 2.07M |
| Cash from Investing | -19.51M | -40.31M | -25.52M | -23.43M | -14.54M | -25.1M | -28.53M | -26.08M | -38.05M | -34.93M | -23.28M | -50.5M | -18.23M | -27.11M | -227.8M | -13.79M | -9.35M | -54.66M | -25.07M | -15.37M |
| Capital Expenditures | -20.12M | -32.41M | -24.86M | -18.81M | -15.23M | -32.06M | -23.24M | -22.64M | -19.37M | -30.57M | -20.09M | -20.78M | -19.33M | -22.24M | -18.53M | -7.65M | -11.6M | -16.15M | -13.05M | -14.41M |
| CapEx % of Revenue | 2.83% | 4.42% | 3.1% | 2.57% | 2.29% | 4.76% | 3.23% | 3.38% | 3.11% | 4.97% | 3.11% | 3.45% | 3.49% | 4.2% | 3.43% | 1.56% | 2.52% | 3.49% | 2.83% | 3.26% |
| Acquisitions | 0 | -1.67M | 0 | -5.11M | 0 | 2.04M | -4.72M | -1.04M | -2.5M | -1.86M | -6.89M | -30.76M | -121K | -988K | -206.14M | -3.13M | -147K | -34.98M | -9.83M | -121K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -5.08M | 0 | -2.78M | 0 | 0 | 0 | 0 | 0 | 0 | -1K | -17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -93.32M | -87.54M | -26.75M | -42.68M | -73.41M | -87.99M | 10.94M | -9.13M | -97.63M | -31.18M | 26.02M | -45.51M | -40.96M | -31.88M | -436K | -36.89M | -52.13M | -141.92M | -31.37M | -70.64M |
| Debt Issued (Net) | 138.4M | 567.27M | 422.78M | -2.88M | -49.5M | -5M | -4M | -4M | -4M | -33.4M | 25.4M | -48.5M | -43.5M | -33M | 109M | -4M | -4M | -34.33M | -2.69M | -2.69M |
| Equity Issued (Net) | -224.8M | -120.51M | -42.74M | -38.78M | -11.32M | -82.4M | 17.91M | 1.39M | 5.51M | 2.42M | 1.38M | 3.1M | 4.29M | 1.82M | -110.02M | -32.64M | -39.91M | -111.65M | -31.84M | -70.35M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -224.8M | -120.74M | -44.34M | -40.76M | -19.57M | -84.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -110.02M | -32.64M | -39.91M | -111.65M | -31.84M | -70.35M |
| Other Financing | -6.93M | -534.3M | -406.79M | -1.02M | -12.59M | -592K | -2.97M | -6.52M | -99.14M | -196K | -767K | -104K | -1.75M | -706K | 580K | -249K | -8.22M | 4.05M | 3.16M | 2.39M |
| Net Change in Cash | -6.43M | 16.65M | -71.11M | 73.11M | 253K | 4.63M | -24.5M | 74.19M | -20.05M | 30.33M | -17.29M | 16.5M | 8.01M | 47K | -224.83M | 14.93M | -3.53M | -155.48M | -8.36M | -18.72M |
| Free Cash Flow | 87.6M | 112.48M | -42.45M | 115.38M | 70.95M | 88.59M | -32.17M | 86.8M | 96.93M | 64.6M | -39.18M | 91.95M | 47.98M | 35.26M | -13.32M | 59.56M | 46.96M | 25.85M | 36.48M | 53.02M |
| FCF Margin % | 12.3% | 15.33% | -5.3% | 15.77% | 10.66% | 13.14% | -4.47% | 12.95% | 15.57% | 10.49% | -6.07% | 15.24% | 8.67% | 6.66% | -2.47% | 12.15% | 10.2% | 5.59% | 7.92% | 12.01% |
| FCF Growth % | 23.47% | 26.96% | -31.92% | 32.92% | -26.81% | 37.14% | 17.88% | -5.59% | 102.02% | 83.23% | -194.2% | 54.37% | 2.17% | 36.37% | -136.51% | 12.33% | -13.42% | 127.15% | -63.2% | 310.36% |
| FCF per Share | 1.60 | 1.99 | -0.74 | 2.00 | 1.22 | 1.52 | -0.55 | 1.49 | 1.66 | 1.11 | -0.68 | 1.59 | 0.83 | 0.61 | -0.23 | 1.01 | 0.79 | 0.43 | 0.60 | 0.87 |
| FCF Conversion (FCF/Net Income) | 1.50x | 6.66x | -0.22x | 2.45x | 2.26x | 4.14x | -0.16x | 2.79x | 6.85x | 17.23x | -0.48x | 5.47x | 8.28x | 3.19x | 0.29x | 2.69x | 3.02x | 2.37x | 1.85x | 3.58x |
| Interest Paid | 0 | 0 | 0 | 0 | 14.51M | 16.75M | 18.85M | 18.68M | 19.62M | 19.1M | 18.79M | 18.26M | 17.85M | 15.9M | 11.52M | 7.29M | 6.17M | 7.05M | 8.38M | 8.41M |
| Taxes Paid | 0 | 0 | 0 | 0 | 7.59M | -51.76M | 12.04M | 35.87M | 3.86M | 17.79M | 14.82M | 21.23M | 4.9M | 12.19M | 8.83M | 25.11M | 4.07M | 8.23M | 2.23M | 19.22M |