KinderCare Reports Third Quarter 2026 Financial Results
Business Wire•12/11/2026•16:15 ET
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Key Highlights
- ➤Revenue $665.3 million, down 1.7% year over year
- ➤Net loss $85.0 million versus $4.6 million net income
- ➤Adjusted EBITDA $42.5 million, down 35.9% year over year
- ➤2026 revenue outlook $2.64 billion to $2.66 billion
- ➤2026 adjusted EBITDA outlook $190 million to $195 million
Expert Statements
Tom Wyatt, Chairman and Chief Executive Officer of KinderCare Learning Companies
“While third-quarter enrollment at KinderCare Learning Centers fell short of our expectations, recent improvements reinforce our confidence in the operational changes we've made. We’ve strengthened field leadership and helped center teams focus on the critical work of welcoming and supporting families. Since the end of back-to-school, new enrollments have outpaced the same period last year, although overall enrollment remains below last year’s levels. Additionally, Champions’ strong results, progress at Crème and opportunities in KinderCare for Employers give us a foundation to build on heading into 2027.”
Tom Wyatt, Chairman and Chief Executive Officer of KinderCare Learning Companies
“We know families face tough financial choices, and we’re focused on demonstrating the value of KinderCare’s high-quality education and care across all of our brands. Throughout it all, our focus remains unwavering: to reach more children and families, continue investing in our people and classrooms, and make a lasting difference in communities nationwide.”
Third Quarter Highlighted by Actions to Enhance Center Operations and Continued Strength in Champions.
KinderCare Learning Companies, Inc. (NYSE: KLC) (“KinderCare,” the “Company,” and “we”), a leading provider of high-quality early childhood education, today announced financial results for the third quarter ended October 3, 2026.
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