KinderCare Learning Companies, Inc.

For the period ended Jun 28, 2025. Filed Aug 12, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 28, 2025 · Filed Aug 12, 2025

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

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited)

(In thousands, except per share data)

	Three Months Ended		Six Months Ended
	June 28, 2025	June 29, 2024	June 28, 2025	June 29, 2024
Revenue	$700,110	$689,933	$1,368,354	$1,344,603
Costs and expenses:
Cost of services (excluding depreciation and impairment)	519,477	500,031	1,035,665	997,725
Depreciation and amortization	31,074	29,212	61,051	57,752
Selling, general, and administrative expenses	78,648	78,583	150,375	169,038
Impairment losses	2,235	1,521	3,745	5,883
Total costs and expenses	631,434	609,347	1,250,836	1,230,398
Income from operations	68,676	80,586	117,518	114,205
Interest expense	20,073	43,927	40,181	80,347
Interest income	(1,424)	(1,752)	(2,083)	(3,860)
Other income, net	(3,049)	(500)	(2,651)	(3,784)
Income before income taxes	53,076	38,911	82,071	41,502
Income tax expense	14,488	10,376	22,326	14,718
Net income	$38,588	$28,535	$59,745	$26,784
Other comprehensive income, net of tax:
Change in net (losses) gains on cash flow hedges	(2,091)	3,371	(6,498)	8,121
Total comprehensive income	$36,497	$31,906	$53,247	$34,905
Net income per common share:
Basic	$0.33	$0.32	$0.51	$0.30
Diluted	$0.33	$0.32	$0.50	$0.30
Weighted average number of common shares outstanding:
Basic	118,309	90,366	118,274	90,366
Diluted	118,371	90,366	118,346	90,366

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.