Filing Flows › KinderCare Learning Companies (KLC) › Q1 2026
KinderCare Learning Companies (KLC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
KinderCare Learning Companies (KLC) reported revenue of $673M for the first quarter 2026 (Q1 2026), +0.6% from a year earlier and -2% from the quarter before. Operating margin was -40.5%, net loss $290M (43.1% of revenue).
KinderCare Learning Companies, Q1 2026: revenue $673M (+0.6% year over year), operating margin -40.5%, net loss $290M, operating cash flow $31.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $673M | -2% | +0.6% |
| Operating profit | −$272M | — | -657% |
| Net earnings | −$290M | — | -1470% |
| Operating cash flow | $31.1M | +630% | -68% |
| Free cash flow | $1.1M | — | -99% |
What changed
Revenue was $672.5M in Q1 2026, up 1% year over year and down 2% from the previous quarter. Early Childhood Education Centers was the largest line at 91% of revenue. Before and After School Sites added $9.1M year over year (up 17%), 213% of the total change. Early Childhood Education Centers declined 1%.
Operating costs exceeded revenue by $272.1M, an operating margin of -40.5%. Total costs grew 53% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+924%). The quarter ended with a net loss of $289.8M, wider than the previous quarter's $177.2M loss.
Operating cash flow was $31.1M (down 68% year over year). Non-cash charges added back $31.1M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $287.3M. Capital expenditures of $30.0M left free cash flow of $1.1M.
Questions
What was KinderCare Learning Companies' revenue in the first quarter 2026?
KinderCare Learning Companies (KLC) reported revenue of $673M for the first quarter 2026 (Q1 2026), +0.6% from a year earlier and -2% from the quarter before.
Was KinderCare Learning Companies profitable in the first quarter 2026?
Operating loss was $272M (-40.5% of revenue) and net loss $290M.