KinderCare Learning Companies, Inc. (KLC)
As-reported financials and SEC filings for KinderCare Learning Companies, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About KinderCare Learning Companies, Inc.
KinderCare Learning Companies, Inc. provides early education and child care services in the United States for children from six weeks to 12 years old. It operates a national network of community-based centers, employer-sponsored programs, and before- and after-school sites under three main brands: KinderCare Learning Centers, Crème School, and Champions. The company also offers customized family care benefits for employers, including onsite child care centers and tuition assistance programs.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended January 3, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at KinderCare Learning Companies
- Revenue grew 2.6% to $2.7B in FY2025, slower than the 6.1% the year before.
- Operating margin is now a 0.7% loss in FY2025, from 18.0% in FY2021.
- Most recent quarter Q2 FY2026: revenue $698M, down 0.4% from Q2 FY2025.
- Free cash flow was $110M in FY2025, 4.0% of revenue.
- Net loss widened to $113M in FY2025, from $93M in FY2023.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Institutional ownership
Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| AQR Capital Managementquant | Q2 2026 | $8.2M | 1.9M | Added |
| Millennium Managementquant | Q2 2026 | $7.5M | 1.8M | Added |
| D. E. Shawquant | Q2 2026 | $4.7M | 1.1M | Added |
| Point72 Asset Managementquant | Q2 2026 | $4.6M | 1.1M | Added |
| Two Sigma Investmentsquant | Q2 2026 | $731,646 | 172.2K | Reduced |
No longer held by: Citadel Advisors (as of Q2 2026), Renaissance Technologies (as of Q2 2026)
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 4.2M | +0.1% | 3.81 |
| 2026-07-31 | 4.2M | -2.7% | 9.61 |
| 2026-07-15 | 4.3M | -2.6% | 7.03 |
| 2026-06-30 | 4.4M | +0.2% | 4.58 |
| 2026-06-15 | 4.4M | +9.7% | 7.11 |
| 2026-05-29 | 4.0M | -15.6% | 3.70 |
| 2026-05-15 | 4.8M | +25.9% | 3.25 |
| 2026-04-30 | 3.8M | -3.4% | 4.83 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Revenue | $2.73B | $2.66B | $2.51B | $2.17B |
| Gross profit | — | — | — | — |
| Operating income | $-20.1M | $79.3M | $275.3M | $389.5M |
| Net income | $-112.9M | $-92.8M | $102.6M | $219.2M |
| Diluted EPS | $-0.95 | $-0.96 | $1.13 | $2.35 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Cash and equivalents | $133.2M | $62.3M | $156.1M | $105.2M |
| Current assets | $358.0M | $214.8M | $283.4M | — |
| Total assets | $3.75B | $3.65B | $3.65B | — |
| Current liabilities | $484.9M | $412.8M | $426.5M | — |
| Long-term debt | $917.9M | $918.7M | $1.24B | — |
| Total liabilities | $2.99B | $2.78B | $3.15B | — |
| Total equity | $755.3M | $864.5M | $506.9M | $407.7M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|
| Operating cash flow | $238.5M | $115.9M | $303.5M | $341.6M |
| Capital expenditure | $128.3M | $132.3M | $129.0M | $139.4M |
| Free cash flow | $110.3M | $-16.4M | $174.5M | $202.2M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q2 FY2026 | $697.5M | -0.4% | $-8.8M | $-0.07 |
| Q1 FY2026 | $672.5M | 0.6% | $-289.8M | $-2.45 |
| Q4 FY2025 | $688.1M | — | $-177.2M | $-1.50 |
| Q3 FY2025 | $676.8M | — | $4.5M | $0.04 |
| Q2 FY2025 | $700.1M | — | $38.6M | $0.33 |
| Q1 FY2025 | $668.2M | — | $21.2M | $0.18 |
| Q4 FY2023 | $647.0M | 4.7% | $-133.6M | $-1.17 |
| Q3 FY2023 | $671.5M | 7.5% | $14.0M | $0.15 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Monitor KLC
Get an alert when KinderCare Learning Companies files something material, see which superinvestors own it, and ask its filings a question with cited answers.
Monitor KLC freeIncludes one free filing-grounded research answer. Or check your whole portfolio, no account needed.
Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.