KinderCare Learning Companies, Inc.
NYSE: KLC · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
Updated 2026-06-03
KinderCare Learning Companies, Inc. (KLC) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2018 | $1.68B | $-36.42M | 20.63% | 2.74% | -2.17% |
| 2019 | $1.88B | $-29.14M | 21.60% | 3.43% | -1.55% |
| 2020 | $1.37B | $-129.50M | 12.11% | -5.16% | -9.48% |
| 2021 | $1.81B | $88.41M | 20.37% | 11.75% | 4.89% |
| 2022 | $2.17B | $219.17M | 20.51% | 17.98% | 10.12% |
| 2023 | $2.51B | $102.56M | 27.32% | 10.97% | 4.09% |
| 2024 | $2.66B | $-92.84M | 23.68% | 2.98% | -3.49% |
| 2025 | $2.73B | $-112.88M | 17.61% | 6.73% | -4.13% |
Frequently asked questions
What is KinderCare Learning Companies, Inc.'s revenue?
KinderCare Learning Companies, Inc.'s trailing twelve-month revenue is $2.74B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is KLC?
In its most recent fiscal year, KLC ran a gross margin of 17.61%, an operating margin of 6.73%, and a net margin of -4.13%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does KLC generate?
KLC produced $110.26M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is KLC's balance sheet healthy?
KLC holds $133.21M in cash and equivalents against $917.92M in long-term debt, on $755.26M of shareholder equity. That debt is best read against the cash flow the business throws off each year.