KinderCare Learning Companies, Inc.

For the period ended Dec 28, 2024. Filed Mar 21, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 21, 2025

KLC$2.21-5.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive (Loss) Income

(In thousands, except per share data)

	Fiscal Years Ended
	December 28,	December 30,	December 31,
	2024	2023	2022
Revenue	$2,663,035	$2,510,182	$2,165,813
Costs and expenses:
Cost of services (excluding depreciation and impairment)	2,032,513	1,824,324	1,424,614
Depreciation and amortization	117,606	109,045	88,507
Selling, general, and administrative expenses	423,063	287,967	247,785
Impairment losses	10,535	13,560	15,434
Total costs and expenses	2,583,717	2,234,896	1,776,340
Income from operations	79,318	275,286	389,473
Interest expense	170,539	152,893	101,471
Interest income	(7,369)	(6,139)	(2,971)
Other (income) expense, net	(5,620)	(1,393)	3,220
(Loss) income before income taxes	(78,232)	129,925	287,753
Income tax expense	14,608	27,367	68,584
Net (loss) income	$(92,840)	$102,558	$219,169
Other comprehensive (loss) income, net of tax:
Change in net gains (losses) on cash flow hedges	3,012	1,695	(2,008)
Total comprehensive (loss) income	$(89,828)	$104,253	$217,161
Net (loss) income per common share:
Basic	$(0.96)	$1.13	$2.35
Diluted	$(0.96)	$1.13	$2.35
Weighted average number of common shares outstanding:
Basic	96,309	90,366	93,390
Diluted	96,309	90,389	93,453

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.