Filing Flows › KinderCare Learning Companies (KLC) › Q4 2024
KinderCare Learning Companies (KLC) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 21, 2025
KinderCare Learning Companies (KLC) reported revenue of $647M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and -4% from the quarter before. Operating margin was -13.8%, net loss $134M (20.6% of revenue).
KinderCare Learning Companies, Q4 2024: revenue $647M (+5% year over year), operating margin -13.8%, net loss $134M, operating cash flow −$40.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $647M | -4% | +5% |
| Operating profit | −$89.3M | — | — |
| Net earnings | −$134M | — | — |
| Operating cash flow | −$40.8M | — | — |
What changed
Revenue was $647.0M in Q4 2024, up 5% year over year and down 4% from the previous quarter. Early Childhood Education Centers was the largest line at 92% of revenue.
Operating costs exceeded revenue by $89.3M, an operating margin of -13.8%. Total costs grew 29% against revenue growth of 5%. The fastest-growing cost line was SG&A (+180%). The quarter ended with a net loss of $133.6M, after a profit of $14.0M the previous quarter.
Operating cash flow was −$40.8M. Non-cash charges added back $30.2M of depreciation and amortization and $121.8M of share-based compensation. Working capital and other items used $59.2M. Capital expenditures of $37.7M exceeded it, leaving free cash flow of −$78.6M.
Questions
What was KinderCare Learning Companies' revenue in the fourth quarter 2024?
KinderCare Learning Companies (KLC) reported revenue of $647M for the fourth quarter 2024 (Q4 2024), +5% from a year earlier and -4% from the quarter before.
Was KinderCare Learning Companies profitable in the fourth quarter 2024?
Operating loss was $89.3M (-13.8% of revenue) and net loss $134M.