KinderCare Learning Companies, Inc. (KLC) Income Statement
KLC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKLC revenue and net income
Where KLC's revenue goes
2025Each bar shows an amount and its share of revenue. KLC kept −4.1% of revenue as net income.
KLC profit margins
KLC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.6% | +8.1% | +14.9% | — |
| Gross profit | −23.7% | +2.7% | +23.8% | — |
| Operating income | +132.0% | −22.1% | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | −28.6% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KLC quarterly EPS vs estimates
KinderCare Learning beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: November 11, 2026 (estimate $-0.01).
KLC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.73B | $2.66B | $2.51B | $2.17B | $1.81B | $1.37B | $1.88B | $1.68B |
| Cost of revenue | $2.25B | $2.03B | $1.82B | $1.72B | $1.44B | $1.20B | $1.47B | $1.33B |
| Gross profit | $481.2M | $630.5M | $685.9M | $444.2M | $368.3M | $165.5M | $405.2M | $345.6M |
| Sales, general & admin | $297.2M | $423.1M | $288.0M | $247.8M | $204.2M | $170.3M | $218.7M | — |
| Total operating expenses | $297.2M | $551.2M | $410.6M | $54.7M | $155.9M | $236.0M | $340.9M | $283.3M |
| Operating income | $184.0M | $79.3M | $275.3M | $389.5M | $212.4M | −$70.5M | $64.4M | $45.9M |
| Interest income | $4.8M | $7.4M | $6.1M | $3.0M | $14,000 | — | — | — |
| Interest expense | $84.0M | $170.5M | $152.9M | $101.5M | $96.6M | $99.4M | $102.6M | $94.1M |
| Income before taxes | −$93.3M | −$78.2M | $129.9M | $287.8M | $116.5M | −$168.8M | −$21.1M | −$48.1M |
| Income taxes | $19.5M | $14.6M | $27.4M | $68.6M | $28.1M | −$39.3M | $8.1M | −$11.6M |
| Net income | −$112.9M | −$92.8M | $102.6M | $219.2M | $88.4M | −$129.5M | −$29.1M | −$36.4M |
| EBITDA | $114.6M | $209.9M | $391.9M | $176.9M | $141.2M | −$6.6M | $184.8M | $141.9M |
| EPS (diluted) | $0.70 | −$1.12 | $0.90 | $1.92 | $0.77 | −$1.13 | — | — |
| Gross margin | 17.6% | 23.7% | 27.3% | 20.5% | 20.4% | 12.1% | 21.6% | 20.6% |
| Operating margin | 6.7% | 3.0% | 11.0% | 18.0% | 11.7% | −5.2% | 3.4% | 2.7% |
| Net margin | −4.1% | −3.5% | 4.1% | 10.1% | 4.9% | −9.5% | −1.6% | −2.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $697.5M | $672.5M | $688.1M | $676.8M | $700.1M | $668.2M | $647.0M | $671.5M | $689.9M | $689.9M | $618.0M | $624.5M |
| Cost of revenue | $567.4M | $582.0M | $581.2M | $574.2M | $550.6M | $546.2M | $513.7M | $521.1M | $500.0M | $500.0M | $467.0M | $468.4M |
| Gross profit | $130.1M | $90.5M | $106.9M | $102.7M | $149.6M | $122.1M | $133.3M | $150.4M | $189.9M | $189.9M | $151.0M | $156.0M |
| Sales, general & admin | $73.1M | $71.1M | $73.8M | $73.0M | $78.6M | $71.7M | $188.9M | $65.1M | $78.6M | $90.5M | $67.4M | $68.5M |
| Total operating expenses | $127.7M | $71.1M | $73.8M | $73.0M | $78.6M | $71.7M | $222.5M | $96.0M | $109.3M | $109.3M | $102.3M | $97.3M |
| Operating income | $2.4M | $19.4M | $33.1M | $29.6M | $70.9M | $50.4M | −$89.3M | $54.4M | $80.6M | $80.6M | $48.7M | $58.7M |
| Interest income | $970,000 | $842,000 | $1.0M | $1.7M | $1.4M | $659,000 | $2.2M | $1.3M | $1.8M | $2.1M | $2.0M | $1.6M |
| Interest expense | $18.3M | $18.6M | $19.7M | $24.1M | $20.1M | $20.1M | $50.7M | $39.5M | $43.9M | $43.9M | $38.5M | $38.5M |
| Income before taxes | −$10.5M | −$290.4M | −$181.6M | $6.2M | $53.1M | $29.0M | −$137.8M | $18.1M | $38.9M | $38.9M | $11.8M | $21.1M |
| Income taxes | −$1.8M | −$535,000 | −$4.4M | $1.7M | $14.5M | $7.8M | −$4.3M | $4.2M | $10.4M | $10.4M | −$3.0M | $5.1M |
| Net income | −$8.8M | −$289.8M | −$177.2M | $4.5M | $38.6M | $21.2M | −$133.6M | $14.0M | $28.5M | $28.5M | $14.8M | $16.0M |
| EBITDA | $39.4M | −$240.7M | −$130.0M | $61.3M | $104.2M | $79.1M | −$56.9M | $87.2M | $112.0M | $112.0M | $78.8M | $86.7M |
| EPS (diluted) | $0.08 | $0.04 | $0.12 | $0.13 | $0.22 | $0.23 | −$1.17 | $0.05 | — | — | — | — |
| Gross margin | 18.7% | 13.5% | 15.5% | 15.2% | 21.4% | 18.3% | 20.6% | 22.4% | 27.5% | 27.5% | 24.4% | 25.0% |
| Operating margin | 0.3% | 2.9% | 4.8% | 4.4% | 10.1% | 7.5% | −13.8% | 8.1% | 11.7% | 11.7% | 7.9% | 9.4% |
| Net margin | −1.3% | −43.1% | −25.7% | 0.7% | 5.5% | 3.2% | −20.6% | 2.1% | 4.1% | 4.1% | 2.4% | 2.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KLC's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KLC financial results
In fiscal year 2025 (ended December 31, 2025), KinderCare Learning reported revenue of $2.7 billion, up 2.6% from the year before. It had a net loss of $112.9 million, a net profit margin of −4.1%. Diluted earnings per share came to $0.70. Over five years revenue grew at an average rate of 14.9% a year.
See the KLC stock overview for the latest quote and news, or the KLC chart for price history and technical indicators.
KLC income statement FAQ
What is KinderCare Learning's annual revenue?
KinderCare Learning reported total revenue of $2.7 billion for fiscal year 2025, which ended on December 31, 2025. That was up 2.6% from $2.7 billion the previous year.
Is KinderCare Learning profitable?
No. KinderCare Learning reported a net loss of $112.9 million in fiscal 2025, a net profit margin of −4.1%; its operating margin was 6.7%.
What is KinderCare Learning's gross margin?
KinderCare Learning's gross margin was 17.6% in fiscal 2025: for every $100 of revenue, KinderCare Learning kept $18 after the direct cost of its products and services.
How fast is KinderCare Learning growing?
Revenue grew 14.9% a year on average over the last five fiscal years, from $1.4 billion to $2.7 billion.
What are KinderCare Learning's earnings per share?
KinderCare Learning earned $0.70 per diluted share in fiscal 2025, compared with $-1.12 a year earlier.
When will KinderCare Learning report its next earnings?
KinderCare Learning is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does KinderCare Learning's fiscal year end?
KinderCare Learning's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.