Earnings ·
KinderCare Learning Companies reported second quarter 2026 results with revenue declining 0.4% to $697.5 million and a…
KLCKinderCare Learning Companies, Inc.
KinderCare Learning Companies reported second quarter 2026 results with revenue declining 0.4% to $697.5 million and a net loss of $8.8 million, or $0.07 per diluted share, compared to prior year net income of $38.6 million. Operating income fell sharply to $2.4 million from $68.7 million due to a $48.0 million increase in cost of services, largely driven by the absence of Employee Retention Credits recognized in 2025, alongside a $20.7 million rise in impairment losses and higher operating expenses. The company closed 49 early childhood education centers as part of its optimization strategy, reducing its total footprint to 1,567 ECE centers and 1,128 before- and after-school sites. Management updated full-year 2026 guidance, projecting revenue between $2.66 billion and $2.70 billion and adjusted EBITDA of $200 million to $220 million. KinderCare Learning Companies operates in the early childhood education and care industry.