Filing Flows › KinderCare Learning Companies (KLC) › Q2 2026 › vs Q1 2026
KinderCare Learning Companies (KLC) Q2 2026 vs Q1 2026 (quarter over quarter)
KinderCare Learning Companies's revenue rose $25.0M (+4%) from $673M in Q1 2026 to $698M in Q2 2026. The biggest changes: Early Childhood Education Centers +$27.9M (+5%); Before and After School Sites −$2.9M (-5%).
KinderCare Learning Companies, Q2 2026: revenue $698M (-0.4% year over year), operating margin 0.3%, net loss $8.8M, operating cash flow $73.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 6.5% | 0.2% | +6.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Early Childhood Education Centers | $638M | $610M | $27.9M | +5% |
| Before and After School Sites | $59.5M | $62.4M | −$2.9M | -5% |
| Revenue | $698M | $673M | $25.0M | +4% |
| Income tax benefit | $1.8M | $535K | $1.2M | +232% |
| Net loss | $8.8M | $290M | −$281M | -97% |
| Costs & expenses | $708M | $963M | −$255M | -26% |
| Operating costs | $695M | $945M | −$249M | -26% |
| Interest & other, net | $12.9M | $18.3M | −$5.3M | -29% |
| Cost of revenue | $567M | $551M | $16.5M | +3% |
| SG&A | $73.1M | $71.1M | $1.9M | +3% |
| Other operating costs | $54.6M | $323M | −$268M | -83% |
| Operating cash sources | $82.2M | $321M | −$239M | -74% |
| Depreciation & amortization | $31.7M | $31.1M | $622K | +2% |
| Share-based compensation | $1.7M | $2.5M | −$845K | -34% |
| Working capital & other | $48.8M | $287M | −$238M | -83% |
| Net loss absorbed | $8.8M | $290M | −$281M | -97% |
| Operating cash flow | $73.4M | $31.1M | $42.4M | +136% |
| Free cash flow (OCF − capex) | $45.4M | $1.1M | $44.3M | 42× |
| Capital expenditures | $28.0M | $30.0M | −$2.0M | -7% |
Questions
How much did KinderCare Learning Companies's revenue grow quarter over quarter in Q2 2026?
KinderCare Learning Companies's revenue rose $25.0M (+4%) from $673M in Q1 2026 to $698M in Q2 2026.
What drove KinderCare Learning Companies's revenue change in Q2 2026?
Early Childhood Education Centers +$27.9M (+5%); Before and After School Sites −$2.9M (-5%).