v3.26.3
REVENUE RECOGNITION
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Disaggregation of Revenue
The Company disaggregates revenue from contracts with customers into segments and geographical regions. Revenue disaggregated by segment and geographical region was as follows:
Full service
center-based
child care
Back-up careEducational
advisory services
Total
(In thousands)
Three months ended September 30, 2026
North America$314,302 $258,794 $33,134 $606,230 
Outside North America207,671 27,570 — 235,241 
$521,973 $286,364 $33,134 $841,471 
Three months ended September 30, 2025
North America$315,171 $228,680 $33,933 $577,784 
Outside North America200,336 24,692 — 225,028 
$515,507 $253,372 $33,933 $802,812 
Full service
center-based
child care
Back-up careEducational
advisory services
Total
(In thousands)
Nine months ended September 30, 2026
North America$986,891 $567,503 $88,348 $1,642,742 
Outside North America633,013 57,116 — 690,129 
$1,619,904 $624,619 $88,348 $2,332,871 
Nine months ended September 30, 2025
North America$988,228 $494,891 $88,934 $1,572,053 
Outside North America578,093 49,763 — 627,856 
$1,566,321 $544,654 $88,934 $2,199,909 
The classification “North America” is comprised of the Company’s operations in the United States (including Puerto Rico), and the classification “Outside North America” includes the Company’s operations in the United Kingdom, the Netherlands, Australia and India.
Deferred Revenue
The Company records deferred revenue when payments are received in advance of the Company’s performance under the contract, which is recognized as revenue as the performance obligation is satisfied. The Company recognized $295.8 million and $273.1 million as revenue during the nine months ended September 30, 2026 and 2025, respectively, which was included in the deferred revenue balance at the beginning of each respective period.
Remaining Performance Obligations
The Company does not disclose the value of unsatisfied performance obligations for contracts with an original contract term of one year or less, or for variable consideration allocated to the unsatisfied performance obligation of a series of services. The transaction price allocated to the remaining performance obligations relates to services that are paid or invoiced in advance. The Company’s remaining performance obligations not subject to the practical expedients were not material.