vs
Side-by-side financial comparison of BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) and Natera, Inc. (NTRA). Click either name above to swap in a different company.
BRIGHT HORIZONS FAMILY SOLUTIONS INC. is the larger business by last-quarter revenue ($733.7M vs $665.5M, roughly 1.1× Natera, Inc.). On growth, Natera, Inc. posted the faster year-over-year revenue change (39.8% vs 8.8%). BRIGHT HORIZONS FAMILY SOLUTIONS INC. produced more free cash flow last quarter ($258.5M vs $37.8M). Over the past eight quarters, Natera, Inc.'s revenue compounded faster (34.5% CAGR vs 8.5%).
Bright Horizons Family Solutions Inc. is a United States–based child-care provider and is the largest provider of employer-sponsored child care. It also provides back-up child care and elder care, tuition program management, education advising, and student loan repayment programs. It is headquartered in Newton, Massachusetts.
Natera, Inc. is a clinical genetic testing company based in Austin, Texas that specializes in non-invasive, cell-free DNA (cfDNA) testing technology, with a focus on women’s health, cancer, and organ health. Natera’s proprietary technology combines novel molecular biology techniques with a suite of bioinformatics software that allows detection down to a single molecule in a tube of blood. Natera operates CAP-accredited laboratories certified under the Clinical Laboratory Improvement Amendment...
BFAM vs NTRA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $733.7M | $665.5M |
| Net Profit | — | $47.3M |
| Gross Margin | 19.3% | — |
| Operating Margin | 6.2% | -3.4% |
| Net Margin | — | 7.1% |
| Revenue YoY | 8.8% | 39.8% |
| Net Profit YoY | — | 187.9% |
| EPS (diluted) | $0.38 | $0.36 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $733.7M | $665.5M | ||
| Q3 25 | $802.8M | $592.2M | ||
| Q2 25 | $731.6M | $546.6M | ||
| Q1 25 | $665.5M | $501.8M | ||
| Q4 24 | $674.1M | $476.1M | ||
| Q3 24 | $719.1M | $439.8M | ||
| Q2 24 | $670.1M | $413.4M | ||
| Q1 24 | $622.7M | $367.7M |
| Q4 25 | — | $47.3M | ||
| Q3 25 | $78.6M | $-87.5M | ||
| Q2 25 | $54.8M | $-100.9M | ||
| Q1 25 | $38.0M | $-66.9M | ||
| Q4 24 | — | $-53.8M | ||
| Q3 24 | $54.9M | $-31.6M | ||
| Q2 24 | $39.2M | $-37.5M | ||
| Q1 24 | $17.0M | $-67.6M |
| Q4 25 | 19.3% | — | ||
| Q3 25 | 27.0% | — | ||
| Q2 25 | 25.0% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | 25.2% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 21.7% | — |
| Q4 25 | 6.2% | -3.4% | ||
| Q3 25 | 15.1% | -16.5% | ||
| Q2 25 | 11.8% | -20.2% | ||
| Q1 25 | 9.4% | -15.8% | ||
| Q4 24 | 7.2% | -13.6% | ||
| Q3 24 | 12.4% | -8.9% | ||
| Q2 24 | 10.3% | -10.6% | ||
| Q1 24 | 6.4% | -20.2% |
| Q4 25 | — | 7.1% | ||
| Q3 25 | 9.8% | -14.8% | ||
| Q2 25 | 7.5% | -18.5% | ||
| Q1 25 | 5.7% | -13.3% | ||
| Q4 24 | — | -11.3% | ||
| Q3 24 | 7.6% | -7.2% | ||
| Q2 24 | 5.8% | -9.1% | ||
| Q1 24 | 2.7% | -18.4% |
| Q4 25 | $0.38 | $0.36 | ||
| Q3 25 | $1.37 | $-0.64 | ||
| Q2 25 | $0.95 | $-0.74 | ||
| Q1 25 | $0.66 | $-0.50 | ||
| Q4 24 | $0.50 | $-0.41 | ||
| Q3 24 | $0.94 | $-0.26 | ||
| Q2 24 | $0.67 | $-0.30 | ||
| Q1 24 | $0.29 | $-0.56 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $140.1M | — |
| Total DebtLower is stronger | $747.6M | — |
| Stockholders' EquityBook value | $1.3B | $1.7B |
| Total Assets | $3.9B | $2.4B |
| Debt / EquityLower = less leverage | 0.56× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $140.1M | — | ||
| Q3 25 | $116.6M | $1.0M | ||
| Q2 25 | $179.2M | $16.0M | ||
| Q1 25 | $112.0M | $17.8M | ||
| Q4 24 | $110.3M | $22.7M | ||
| Q3 24 | $109.9M | $29.5M | ||
| Q2 24 | $140.2M | $90.3M | ||
| Q1 24 | $63.7M | $69.1M |
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | — | ||
| Q2 24 | $931.9M | — | ||
| Q1 24 | $938.1M | — |
| Q4 25 | $1.3B | $1.7B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.3B | $1.2B | ||
| Q3 24 | $1.4B | $878.5M | ||
| Q2 24 | $1.3B | $836.5M | ||
| Q1 24 | $1.2B | $794.1M |
| Q4 25 | $3.9B | $2.4B | ||
| Q3 25 | $3.9B | $1.8B | ||
| Q2 25 | $3.9B | $1.8B | ||
| Q1 25 | $3.8B | $1.7B | ||
| Q4 24 | $3.9B | $1.7B | ||
| Q3 24 | $3.9B | $1.6B | ||
| Q2 24 | $3.8B | $1.5B | ||
| Q1 24 | $3.8B | $1.5B |
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | — | ||
| Q2 24 | 0.73× | — | ||
| Q1 24 | 0.76× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $350.7M | $73.9M |
| Free Cash FlowOCF − Capex | $258.5M | $37.8M |
| FCF MarginFCF / Revenue | 35.2% | 5.7% |
| Capex IntensityCapex / Revenue | 12.6% | 5.4% |
| Cash ConversionOCF / Net Profit | — | 1.56× |
| TTM Free Cash FlowTrailing 4 quarters | $402.4M | $109.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $350.7M | $73.9M | ||
| Q3 25 | $-17.6M | $59.4M | ||
| Q2 25 | $134.2M | $37.6M | ||
| Q1 25 | $86.2M | $44.5M | ||
| Q4 24 | $337.5M | $52.9M | ||
| Q3 24 | $-8.9M | $51.8M | ||
| Q2 24 | $109.4M | $4.0M | ||
| Q1 24 | $116.3M | $27.0M |
| Q4 25 | $258.5M | $37.8M | ||
| Q3 25 | $-42.4M | $37.0M | ||
| Q2 25 | $115.4M | $11.7M | ||
| Q1 25 | $70.9M | $22.6M | ||
| Q4 24 | $240.2M | $34.8M | ||
| Q3 24 | $-32.2M | $35.5M | ||
| Q2 24 | $86.8M | $-7.7M | ||
| Q1 24 | $96.9M | $6.7M |
| Q4 25 | 35.2% | 5.7% | ||
| Q3 25 | -5.3% | 6.2% | ||
| Q2 25 | 15.8% | 2.1% | ||
| Q1 25 | 10.7% | 4.5% | ||
| Q4 24 | 35.6% | 7.3% | ||
| Q3 24 | -4.5% | 8.1% | ||
| Q2 24 | 13.0% | -1.9% | ||
| Q1 24 | 15.6% | 1.8% |
| Q4 25 | 12.6% | 5.4% | ||
| Q3 25 | 3.1% | 3.8% | ||
| Q2 25 | 2.6% | 4.7% | ||
| Q1 25 | 2.3% | 4.3% | ||
| Q4 24 | 14.4% | 3.8% | ||
| Q3 24 | 3.2% | 3.7% | ||
| Q2 24 | 3.4% | 2.8% | ||
| Q1 24 | 3.1% | 5.5% |
| Q4 25 | — | 1.56× | ||
| Q3 25 | -0.22× | — | ||
| Q2 25 | 2.45× | — | ||
| Q1 25 | 2.26× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.16× | — | ||
| Q2 24 | 2.79× | — | ||
| Q1 24 | 6.85× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
