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Side-by-side financial comparison of BRIGHT HORIZONS FAMILY SOLUTIONS INC. (BFAM) and WESTERN ALLIANCE BANCORPORATION (WAL). Click either name above to swap in a different company.

WESTERN ALLIANCE BANCORPORATION is the larger business by last-quarter revenue ($1.0B vs $733.7M, roughly 1.4× BRIGHT HORIZONS FAMILY SOLUTIONS INC.). On growth, WESTERN ALLIANCE BANCORPORATION posted the faster year-over-year revenue change (31.0% vs 8.8%). Over the past eight quarters, WESTERN ALLIANCE BANCORPORATION's revenue compounded faster (14.9% 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.

Western Alliance Bancorporation is a regional bank holding company headquartered in Phoenix. It is on the list of largest banks in the United States and is ranked 97th on the Forbes list of America's Best Banks.

BFAM vs WAL — Head-to-Head

Bigger by revenue
WAL
WAL
1.4× larger
WAL
$1.0B
$733.7M
BFAM
Growing faster (revenue YoY)
WAL
WAL
+22.1% gap
WAL
31.0%
8.8%
BFAM
Faster 2-yr revenue CAGR
WAL
WAL
Annualised
WAL
14.9%
8.5%
BFAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BFAM
BFAM
WAL
WAL
Revenue
$733.7M
$1.0B
Net Profit
$189.2M
Gross Margin
19.3%
Operating Margin
6.2%
Net Margin
18.6%
Revenue YoY
8.8%
31.0%
Net Profit YoY
-5.0%
EPS (diluted)
$0.38
$1.65

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.

Revenue
BFAM
BFAM
WAL
WAL
Q1 26
$1.0B
Q4 25
$733.7M
$980.9M
Q3 25
$802.8M
$938.2M
Q2 25
$731.6M
$845.9M
Q1 25
$665.5M
$778.0M
Q4 24
$674.1M
$838.4M
Q3 24
$719.1M
$823.1M
Q2 24
$670.1M
$771.8M
Net Profit
BFAM
BFAM
WAL
WAL
Q1 26
$189.2M
Q4 25
$286.1M
Q3 25
$78.6M
$253.4M
Q2 25
$54.8M
$230.4M
Q1 25
$38.0M
$199.1M
Q4 24
$216.9M
Q3 24
$54.9M
$199.8M
Q2 24
$39.2M
$193.6M
Gross Margin
BFAM
BFAM
WAL
WAL
Q1 26
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%
Operating Margin
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
6.2%
36.3%
Q3 25
15.1%
33.4%
Q2 25
11.8%
34.4%
Q1 25
9.4%
31.7%
Q4 24
7.2%
30.9%
Q3 24
12.4%
30.6%
Q2 24
10.3%
32.1%
Net Margin
BFAM
BFAM
WAL
WAL
Q1 26
18.6%
Q4 25
29.2%
Q3 25
9.8%
27.0%
Q2 25
7.5%
27.2%
Q1 25
5.7%
25.6%
Q4 24
25.9%
Q3 24
7.6%
24.3%
Q2 24
5.8%
25.1%
EPS (diluted)
BFAM
BFAM
WAL
WAL
Q1 26
$1.65
Q4 25
$0.38
$2.59
Q3 25
$1.37
$2.28
Q2 25
$0.95
$2.07
Q1 25
$0.66
$1.79
Q4 24
$0.50
$1.94
Q3 24
$0.94
$1.80
Q2 24
$0.67
$1.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFAM
BFAM
WAL
WAL
Cash + ST InvestmentsLiquidity on hand
$140.1M
Total DebtLower is stronger
$747.6M
$4.3B
Stockholders' EquityBook value
$1.3B
$7.9B
Total Assets
$3.9B
$98.9B
Debt / EquityLower = less leverage
0.56×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
$140.1M
Q3 25
$116.6M
Q2 25
$179.2M
Q1 25
$112.0M
Q4 24
$110.3M
Q3 24
$109.9M
Q2 24
$140.2M
Total Debt
BFAM
BFAM
WAL
WAL
Q1 26
$4.3B
Q4 25
$747.6M
$1.4B
Q3 25
$747.5M
$2.9B
Q2 25
$797.0M
$2.9B
Q1 25
$872.7M
$1.6B
Q4 24
$918.4M
$2.4B
Q3 24
$925.7M
$1.4B
Q2 24
$931.9M
$436.0M
Stockholders' Equity
BFAM
BFAM
WAL
WAL
Q1 26
$7.9B
Q4 25
$1.3B
$7.7B
Q3 25
$1.4B
$7.4B
Q2 25
$1.4B
$7.1B
Q1 25
$1.3B
$6.9B
Q4 24
$1.3B
$6.7B
Q3 24
$1.4B
$6.7B
Q2 24
$1.3B
$6.3B
Total Assets
BFAM
BFAM
WAL
WAL
Q1 26
$98.9B
Q4 25
$3.9B
$92.8B
Q3 25
$3.9B
$91.0B
Q2 25
$3.9B
$86.7B
Q1 25
$3.8B
$83.0B
Q4 24
$3.9B
$80.9B
Q3 24
$3.9B
$80.1B
Q2 24
$3.8B
$80.6B
Debt / Equity
BFAM
BFAM
WAL
WAL
Q1 26
0.54×
Q4 25
0.56×
0.18×
Q3 25
0.52×
0.39×
Q2 25
0.57×
0.41×
Q1 25
0.66×
0.23×
Q4 24
0.72×
0.36×
Q3 24
0.66×
0.21×
Q2 24
0.73×
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFAM
BFAM
WAL
WAL
Operating Cash FlowLast quarter
$350.7M
Free Cash FlowOCF − Capex
$258.5M
FCF MarginFCF / Revenue
35.2%
Capex IntensityCapex / Revenue
12.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$402.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
$350.7M
$-2.7B
Q3 25
$-17.6M
$-597.4M
Q2 25
$134.2M
$-357.7M
Q1 25
$86.2M
$-1.7B
Q4 24
$337.5M
$-2.7B
Q3 24
$-8.9M
$-1.1B
Q2 24
$109.4M
$-745.8M
Free Cash Flow
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
$258.5M
Q3 25
$-42.4M
Q2 25
$115.4M
Q1 25
$70.9M
Q4 24
$240.2M
Q3 24
$-32.2M
Q2 24
$86.8M
FCF Margin
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
35.2%
Q3 25
-5.3%
Q2 25
15.8%
Q1 25
10.7%
Q4 24
35.6%
Q3 24
-4.5%
Q2 24
13.0%
Capex Intensity
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
12.6%
Q3 25
3.1%
Q2 25
2.6%
Q1 25
2.3%
Q4 24
14.4%
Q3 24
3.2%
Q2 24
3.4%
Cash Conversion
BFAM
BFAM
WAL
WAL
Q1 26
Q4 25
-9.36×
Q3 25
-0.22×
-2.36×
Q2 25
2.45×
-1.55×
Q1 25
2.26×
-8.31×
Q4 24
-12.64×
Q3 24
-0.16×
-5.35×
Q2 24
2.79×
-3.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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