Filing Flows › KinderCare Learning Companies (KLC) › Q4 2025
KinderCare Learning Companies (KLC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 13, 2026
KinderCare Learning Companies (KLC) reported revenue of $688M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +2% from the quarter before. Operating margin was -23.8%, net loss $177M (25.7% of revenue).
KinderCare Learning Companies, Q4 2025: revenue $688M (+6% year over year), operating margin -23.8%, net loss $177M, operating cash flow $4.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $688M | +2% | +6% |
| Operating profit | −$164M | -723% | — |
| Net earnings | −$177M | -3994% | — |
| Operating cash flow | $4.3M | -96% | — |
What changed
Revenue was $688.1M in Q4 2025, up 6% year over year and up 2% from the previous quarter. Early Childhood Education Centers was the largest line at 91% of revenue.
Operating costs exceeded revenue by $163.9M, an operating margin of -23.8%. Total costs grew 16% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+581%). The quarter ended with a net loss of $177.2M, after a profit of $4.5M the previous quarter.
Operating cash flow was $4.3M. Non-cash charges added back $31.9M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $147.8M. Capital expenditures of $32.3M exceeded it, leaving free cash flow of −$28.1M.
Questions
What was KinderCare Learning Companies' revenue in the fourth quarter 2025?
KinderCare Learning Companies (KLC) reported revenue of $688M for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and +2% from the quarter before.
Was KinderCare Learning Companies profitable in the fourth quarter 2025?
Operating loss was $164M (-23.8% of revenue) and net loss $177M.