KinderCare Learning Companies Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 3, 2026 · FY), KinderCare Learning Companies Inc reported revenue of $2.7B (+2.6% year on year).
| Line item | Jan 3, 2026 · FY | Dec 28, 2024 · FY |
|---|---|---|
| Revenue | $2.7B | $2.7B |
| Cost of services (excluding depreciation and impairment) | $2.1B | $2.0B |
| Depreciation and amortization | $124.0M | $117.6M |
| Selling, general, and administrative expenses | $297.2M | $423.1M |
| Impairment losses | $204.1M | $10.5M |
| Total costs and expenses | $2.8B | $2.6B |
| (Loss) income from operations | ($20.1M) | $79.3M |
| Interest expense | $84.0M | $170.5M |
| Interest income | ($4.8M) | ($7.4M) |
| Other income, net | ($5.9M) | ($5.6M) |
| (Loss) income before income taxes | ($93.3M) | ($78.2M) |
| Income tax expense | $19.5M | $14.6M |
| Net (loss) income | ($112.9M) | ($92.8M) |
| Change in net (losses) gains on cash flow hedges | ($7.3M) | $3.0M |
| Total comprehensive (loss) income | ($120.2M) | ($89.8M) |
| Basic | -$0.95 | -$0.96 |
| Diluted | -$0.95 | -$0.96 |
| Basic | 118.3M | 96.3M |
| Diluted | 118.3M | 96.3M |
| Line item | Jul 4, 2026 · Q2 | Apr 4, 2026 · Q1 | Sep 27, 2025 · Q3 | Jun 28, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $697.5M | $672.5M | $676.8M | $700.1M |
| Cost of services (excluding depreciation and impairment) | $567.4M | $550.9M | $543.1M | $519.5M |
| Depreciation and amortization | $31.7M | $31.1M | $31.0M | $31.1M |
| Selling, general, and administrative expenses | $73.1M | $71.1M | $73.0M | $78.6M |
| Impairment losses | $22.9M | $291.5M | $3.3M | $2.2M |
| Total costs and expenses | $695.1M | $944.6M | $650.5M | $631.4M |
| Income (loss) from operations | $2.4M | ($272.1M) | $26.3M | $68.7M |
| Interest expense | $18.3M | $18.2M | $24.1M | $20.1M |
| Interest income | ($970.0K) | ($842.0K) | ($1.7M) | ($1.4M) |
| Other income, net | ($4.3M) | $907.0K | ($2.2M) | ($3.0M) |
| (Loss) income before income taxes | ($10.5M) | ($290.4M) | $6.2M | $53.1M |
| Income tax (benefit) expense | ($1.8M) | ($535.0K) | $1.7M | $14.5M |
| Net (loss) income | ($8.8M) | ($289.8M) | $4.5M | $38.6M |
| Change in net gains (losses) on cash flow hedges | $2.2M | $3.3M | ($381.0K) | ($2.1M) |
| Total comprehensive (loss) income | ($6.5M) | ($286.6M) | $4.2M | $36.5M |
| Basic | -$0.07 | -$2.45 | $0.04 | $0.33 |
| Diluted | -$0.07 | -$2.45 | $0.04 | $0.33 |
| Basic | 118.8M | 118.5M | 118.4M | 118.3M |
| Diluted | 118.8M | 118.5M | 118.4M | 118.4M |
| Line item | Jan 3, 2026 · FY | Dec 28, 2024 · FY |
|---|---|---|
| Cash and cash equivalents | $133.2M | $62.3M |
| Accounts receivable, net | $118.5M | $104.3M |
| Prepaid expenses and other current assets | $106.3M | $48.1M |
| Total current assets | $358.0M | $214.8M |
| Property and equipment, net of accumulated depreciation | $417.8M | $418.5M |
| Goodwill | $964.8M | $1.1B |
| Intangible assets, net of accumulated amortization | $420.9M | $429.8M |
| Operating lease right-of-use assets | $1.5B | $1.4B |
| Other assets | $85.5M | $89.6M |
| Total assets | $3.7B | $3.6B |
| Accounts payable and accrued liabilities | $163.3M | $152.7M |
| Related party payables | $0 | $119.0K |
| Current portion of long-term debt | $9.6M | $7.3M |
| Operating lease liabilities-current | $146.6M | $144.9M |
| Deferred revenue | $49.6M | $26.4M |
| Other current liabilities | $115.8M | $81.4M |
| Total current liabilities | $484.9M | $412.8M |
| Long-term debt, net | $917.9M | $918.7M |
| Operating lease liabilities-long-term | $1.4B | $1.3B |
| Deferred income taxes, net | $35.5M | $30.9M |
| Other long-term liabilities | $106.9M | $103.0M |
| Total liabilities | $3.0B | $2.8B |
| Preferred stock, par value $0.01; 25,000,000 shares authorized; no shares issued and outstanding as of January 3, 2026 and December 28, 2024 | 0 | 0 |
| Common stock, par value $0.01; 750,000,000 shares authorized; 118,340,042 shares issued and outstanding as of January 3, 2026 and 117,984,749 shares issued and outstanding as of December 28, 2024 | 1.2M | 1.2M |
| Additional paid-in capital | $841.3M | $830.4M |
| Retained (deficit) earnings | ($82.6M) | $30.3M |
| Accumulated other comprehensive (loss) income | ($4.6M) | $2.7M |
| Total shareholders' equity | $755.3M | $864.5M |
| Total liabilities and shareholders' equity | $3.7B | $3.6B |
| Line item | Jul 4, 2026 | Apr 4, 2026 | Sep 27, 2025 | Jun 28, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $173.7M | $132.9M | $174.7M | $119.0M |
| Accounts receivable, net | $114.3M | $106.8M | $103.3M | $112.7M |
| Prepaid expenses and other current assets | $54.0M | $104.3M | $56.0M | $44.6M |
| Total current assets | $342.1M | $344.0M | $334.1M | $276.4M |
| Property and equipment, net of accumulated depreciation of 608,539 and 582,808 | $391.6M | $403.9M | $430.7M | $424.9M |
| Goodwill | $692.4M | $691.9M | $1.1B | $1.1B |
| Intangible assets, net of accumulated amortization of 161,585 and 157,437 | $416.8M | $418.8M | $423.0M | $425.1M |
| Operating lease right-of-use assets | $1.5B | $1.5B | $1.5B | $1.4B |
| Other assets | $86.3M | $81.8M | $83.8M | $81.0M |
| Total assets | $3.4B | $3.4B | $3.9B | $3.8B |
| Accounts payable and accrued liabilities | $174.8M | $154.2M | $198.2M | $173.5M |
| Current portion of long-term debt | $9.6M | $9.6M | $9.6M | $9.7M |
| Operating lease liabilities-current | $162.9M | $149.8M | $164.8M | $147.6M |
| Deferred revenue | $54.9M | $50.4M | $29.5M | $35.5M |
| Other current liabilities | $56.9M | $104.1M | $67.3M | $53.9M |
| Total current liabilities | $459.1M | $468.0M | $469.5M | $420.2M |
| Long-term debt, net | $916.1M | $917.0M | $921.3M | $916.8M |
| Operating lease liabilities-long-term | $1.4B | $1.5B | $1.4B | $1.4B |
| Deferred income taxes, net | $34.6M | $35.7M | $34.4M | $26.7M |
| Other long-term liabilities | $106.3M | $98.0M | $105.9M | $107.8M |
| Total liabilities | $2.9B | $3.0B | $3.0B | $2.9B |
| Preferred stock, par value $0.01; 25,000 shares authorized; no shares issued and outstanding as of July 4, 2026 and January 3, 2026 | 0 | 0 | 0 | 0 |
| Common stock, par value $0.01; 750,000 shares authorized; 118,517 shares issued and outstanding as of July 4, 2026 and 118,340 shares issued and outstanding as of January 3, 2026 | 1.2M | 1.2M | 1.2M | 1.2M |
| Additional paid-in capital | $845.3M | $843.7M | $839.7M | $836.9M |
| Retained deficit | ($381.2M) | ($372.5M) | $94.6M | $90.0M |
| Accumulated other comprehensive income (loss) | $891.0K | ($1.4M) | ($4.2M) | ($3.8M) |
| Total shareholders' equity | $466.2M | $471.1M | $931.2M | $924.3M |
| Total liabilities and shareholders' equity | $3.4B | $3.4B | $3.9B | $3.8B |
| Line item | Jan 3, 2026 · FY | Dec 28, 2024 · FY |
|---|---|---|
| Net (loss) income | ($112.9M) | ($92.8M) |
| Depreciation and amortization | $124.0M | $117.6M |
| Impairment losses | $204.1M | $10.5M |
| Change in deferred taxes | $7.3M | ($29.8M) |
| Loss on extinguishment of long-term debt, net | $5.4M | $25.7M |
| Loss on extinguishment of indebtedness to related party | $0 | — |
| Amortization of debt issuance costs | $6.1M | $6.8M |
| Stock-based compensation | $11.8M | $144.1M |
| Realized and unrealized gains from investments held in deferred compensation asset trusts | ($3.1M) | ($2.2M) |
| (Gain) loss on disposal of property and equipment | ($205.0K) | ($2.8M) |
| Accounts receivable | ($14.2M) | ($16.3M) |
| Prepaid expenses and other current assets | ($60.1M) | ($6.5M) |
| Other assets | $7.9M | ($1.6M) |
| Accounts payable and accrued liabilities | $4.3M | ($8.8M) |
| Leases | $2.3M | $1.1M |
| Deferred revenue | $23.0M | $569.0K |
| Other current liabilities | $31.7M | ($14.6M) |
| Other long-term liabilities | $1.3M | ($15.0M) |
| Related party payables | ($119.0K) | $119.0K |
| Cash provided by operating activities | $238.5M | $115.9M |
| Purchases of property and equipment | ($128.3M) | ($132.3M) |
| Payments for acquisitions, net of cash acquired | ($23.1M) | ($10.9M) |
| Proceeds from the disposal of property and equipment | $293.0K | $2.9M |
| Investments in deferred compensation asset trusts | ($7.5M) | ($8.7M) |
| Proceeds from deferred compensation asset trust redemptions | $4.2M | $1.8M |
| Proceeds from sale and leaseback, net of transaction costs | $0 | — |
| Cash used in investing activities | ($154.4M) | ($147.2M) |
| Proceeds from initial public offering, net of underwriting discounts | $0 | $626.0M |
| Payments of deferred offering costs | ($275.0K) | ($9.6M) |
| Distribution to parent | $0 | ($320.0M) |
| Proceeds from issuance of long-term debt | $0 | $264.3M |
| Repayment of long-term debt | $0 | ($608.0M) |
| Repayment of indebtedness to related party | $0 | — |
| Principal payments of long-term debt | ($9.6M) | ($11.9M) |
| Payments of debt issuance costs | ($317.0K) | ($1.2M) |
| Repayments of promissory notes | ($354.0K) | ($421.0K) |
| Payments of financing lease obligations | ($1.2M) | ($1.6M) |
| Tax payments related to net settlement of restricted stock units | ($1.5M) | ($224.0K) |
| Payments of contingent consideration for acquisitions | $0 | — |
| Cash used in financing activities | ($13.3M) | ($62.6M) |
| Net change in cash, cash equivalents, and restricted cash | $70.9M | ($94.0M) |
| Cash, cash equivalents, and restricted cash at beginning of period | $62.4M | $156.4M |
| Cash, cash equivalents, and restricted cash at end of period | $133.3M | $62.4M |
| Cash and cash equivalents | $133.2M | $62.3M |
| Restricted cash included within other assets | $94.0K | $94.0K |
| Line item | Jul 4, 2026 · YTD | Apr 4, 2026 · Q1 | Sep 27, 2025 · YTD | Jun 28, 2025 · YTD |
|---|---|---|---|---|
| Net Income | ($298.6M) | ($289.8M) | $64.3M | $59.7M |
| Depreciation and amortization | $62.8M | $31.1M | $92.1M | $61.1M |
| Impairment losses | $314.4M | $291.5M | $7.1M | $3.7M |
| Change in deferred taxes | ($2.8M) | ($883.0K) | $5.9M | ($2.0M) |
| Amortization of debt issuance costs | $3.0M | $1.5M | $4.6M | $3.2M |
| Stock-based compensation | $4.2M | $2.5M | $10.1M | $7.3M |
| Realized and unrealized gains from investments held in deferred compensation asset trusts | ($2.4M) | $1.3M | ($3.9M) | ($2.0M) |
| Gain on disposal of property and equipment | $0 | $0 | ($82.0K) | ($97.0K) |
| Accounts receivable | $4.2M | $11.7M | $1.0M | ($8.4M) |
| Prepaid expenses and other current assets | $53.0M | $2.0M | ($9.9M) | $2.2M |
| Other assets | $1.4M | $346.0K | $7.4M | $7.8M |
| Accounts payable and accrued liabilities | $12.6M | ($6.2M) | $40.3M | $15.2M |
| Leases | $368.0K | $1.2M | $22.7M | $4.6M |
| Deferred revenue | $5.3M | $822.0K | $2.9M | $8.9M |
| Other current liabilities | ($55.4M) | ($9.4M) | ($14.5M) | ($27.0M) |
| Other long-term liabilities | $2.5M | ($6.6M) | ($1.2M) | ($762.0K) |
| Related party payables | $0 | $0 | ($119.0K) | ($119.0K) |
| Cash provided by operating activities | $104.5M | $31.1M | $234.3M | $133.5M |
| Purchases of property and equipment | ($58.0M) | ($30.0M) | ($95.9M) | ($57.7M) |
| Payments for acquisitions, net of cash acquired | ($995.0K) | ($540.0K) | ($17.5M) | ($14.6M) |
| Proceeds from the disposal of property and equipment | $0 | $0 | $169.0K | $169.0K |
| Investments in deferred compensation asset trusts | ($3.5M) | ($2.0M) | ($4.9M) | ($3.7M) |
| Proceeds from deferred compensation asset trust redemptions | $4.1M | $3.9M | $3.8M | $3.6M |
| Cash used in investing activities | ($58.5M) | ($28.7M) | ($114.4M) | ($72.2M) |
| Payments of deferred offering costs | $0 | $0 | ($275.0K) | ($275.0K) |
| Principal payments of long-term debt | ($4.8M) | ($2.4M) | ($4.8M) | ($2.4M) |
| Payments of debt issuance costs | $0 | $0 | ($317.0K) | ($269.0K) |
| Repayments of promissory notes | ($149.0K) | ($78.0K) | ($250.0K) | ($165.0K) |
| Payments of financing lease obligations | ($511.0K) | ($252.0K) | ($934.0K) | ($689.0K) |
| Tax payments related to net settlement of restricted stock units | ($138.0K) | ($97.0K) | ($851.0K) | ($786.0K) |
| Cash used in financing activities | ($5.6M) | ($2.8M) | ($7.5M) | ($4.6M) |
| Net change in cash, cash equivalents, and restricted cash | $40.4M | ($425.0K) | $112.4M | $56.7M |
| Cash, cash equivalents, and restricted cash at beginning of period | $133.3M | $133.3M | $62.4M | $62.4M |
| Cash, cash equivalents, and restricted cash at end of period | $173.7M | $132.9M | $174.8M | $119.1M |
| Cash and cash equivalents | $173.7M | $132.9M | $174.7M | $119.0M |
| Restricted cash included within other assets | $0 | $0 | $95.0K | $95.0K |
| Total cash, cash equivalents, and restricted cash at end of period | $173.7M | $132.9M | $174.8M | $119.1M |
| Cash paid for interest, net | $34.0M | $17.2M | $49.8M | $31.2M |
| Cash paid for income taxes, net of refunds | $879.0K | $332.0K | $15.0M | $15.0M |
| Cash paid for amounts included in the measurement of operating lease liabilities | $159.7M | $78.0M | $208.9M | $146.8M |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities, net | $77.2M | $49.1M | $230.6M | $160.2M |
| Deferred cloud computing implementation costs included in accounts payable | $183.0K | $126.0K | $25.0K | $300.0K |
| Property and equipment additions included in accounts payable and accrued liabilities | $10.5M | $8.7M | $11.1M | $11.0M |
| Finance lease right-of-use assets obtained in exchange for finance lease liabilities, net | $83.0K | $0 | $115.0K | $115.0K |
| Reductions to finance lease right-of-use assets resulting from reductions to finance lease liabilities | $0 | $0 | $1.3M | $1.3M |
KinderCare Learning Companies Inc score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.