Welcome to our dedicated page for KinderCare Learning Companies SEC filings (Ticker: KLC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
KinderCare Learning Companies, Inc. filings document the public-company reporting of an early childhood and school-age education provider. Current reports on Form 8-K disclose operating and financial results, guidance-related exhibits, material-event updates, capital-structure matters and governance actions affecting the company.
The company’s proxy materials cover annual meeting procedures, stockholder voting matters, board and executive compensation disclosures, say-on-pay frequency and equity-award information. Other governance filings describe compensation arrangements such as the KinderCare Learning Companies, Inc. Short Term Incentive Plan, including performance-based cash bonus awards for selected officers and employees.
KinderCare Learning Companies, Inc. reported that subsidiary KinderCare Education LLC amended its long-term real estate structure for childcare centers leased from KCP RE LLC. An Amended and Restated Fifth Amendment to the existing Master Lease now governs 545 center sites, effective August 11, 2026.
The amendment splits the portfolio into six schedules and transfers 13 Schedule 1 sites to a new master lease with affiliate KCP RE II LLC, keeping the same annual rent for those locations and a lease term through December 31, 2029. For the remaining sites, rent is adjusted as locations expire or are removed, and the annual rent escalation cap is reset so the “Escalation Percentage” becomes the lesser of 12.5% (previously 10%) or the applicable “Index Increase.”
KinderCare Learning Companies, Inc. reported essentially flat revenue but a sharp swing to loss for the six months ended July 4, 2026. Revenue was $1.37 billion, slightly above $1.37 billion a year earlier, while a large goodwill impairment of $273.5 million and additional asset impairments lifted total impairment losses to $314.4 million, driving a net loss of $298.6 million versus net income of $59.7 million in 2025.
Cost of services rose faster than revenue, reducing operating margin, and ECE same-center occupancy fell to 68.6% in the quarter from 71.0%, reflecting lower enrollment. Management continued a “center optimization” initiative, permanently closing underperforming locations, which reduced total centers to 1,567 and sites to 2,695.
Despite the loss, operations generated $104.5 million of operating cash flow, and cash and cash equivalents increased to $173.7 million. The balance sheet remains highly leveraged, with $952.3 million of first lien term loans and lease liabilities of $1.59 billion. Subsequent amendments to a large master lease are expected to increase minimum lease payments by about $600 million over the amended terms.
KinderCare Learning Companies reported second quarter 2026 revenue of $697.5 million, down 0.4% from a year earlier. Income from operations fell sharply to $2.4 million from $68.7 million, and the company recorded a net loss of $8.8 million, or $(0.07) per diluted share, versus net income of $38.6 million, or $0.33 per diluted share, in 2025. Adjusted EBITDA declined 23.6% to $63.0 million, while adjusted net income was $9.9 million, or $0.08 per diluted share.
Results were pressured by higher cost of services and significantly higher impairment losses, including $273.5 million of goodwill impairment in the first half tied to stock-price-driven market capitalization declines, as well as reduced performance and closures at certain centers. For the six months ended July 4, 2026, revenue was $1.37 billion and the company posted a net loss of $298.6 million. Despite the loss, KinderCare generated $104.5 million of operating cash flow and ended the quarter with $173.7 million in cash plus $187.7 million of available revolver capacity. Management updated 2026 guidance to revenue of $2.66–$2.70 billion, adjusted EBITDA of $200–$220 million, and adjusted diluted EPS of $0.05–$0.15.
Barse David Michael reported acquisition or exercise transactions in this Form 4 filing.
KinderCare Learning Companies, Inc. director David Michael Barse reported an equity award of 23,397 restricted stock units (RSUs) linked to common stock on August 3, 2026. The RSUs vest on the earlier of the day immediately preceding the 2027 Annual Meeting of Stockholders or the first anniversary of June 5, 2026, subject to continued service as a director. Following this grant, Barse directly holds 23,397 RSUs tied to KinderCare common stock.
KinderCare Learning Companies, Inc. reports that director David Michael Barse has filed a Form 3 as a reporting person. The Form 3 states that no shares of KinderCare stock are beneficially owned by him, and there are no reported holdings, transactions, or derivative positions.
KinderCare Learning Companies, Inc. expanded its board to seven directors and appointed David Barse as an independent Class II director effective August 3, 2026. Class II directors serve until the 2029 annual meeting of stockholders.
Barse, designated by the PG Stockholders under an October 8, 2024 Stockholders Agreement, will receive standard director compensation, including an initial restricted stock unit award valued at $126,575 under the 2022 Incentive Award Plan, prorated from a $150,000 annual RSU grant. His RSUs vest on the earlier of the day immediately preceding the 2027 annual meeting or the first anniversary of June 5, 2026. The board expects to assign him to one or more standing committees and he will enter into the company’s standard indemnification agreement.
Desravines Jean S. reported acquisition or exercise transactions in this Form 4 filing.
KinderCare Learning Companies, Inc. director Jean S. Desravines received a grant of 43,210 restricted stock units (RSUs) of common stock. These RSUs vest on the earlier of the day immediately preceding the company’s 2027 annual meeting of stockholders or the first anniversary of the grant date, subject to continued board service. Following this award and including 8,795 previously omitted shares, Desravines now holds 69,513 shares of common stock.
KinderCare Learning Companies Chief People Officer Jessica Harrah reported a small tax-related share disposition. On the reported date, 288 shares of common stock were withheld by the company at $4.13 per share to cover her tax obligations tied to restricted stock unit vesting. After this withholding, she directly holds 155,355 shares of KinderCare common stock, so the transaction represents a very small portion of her overall position and does not reflect an open-market sale.
KinderCare Learning Companies Chief Financial Officer Anthony Michael Amandi reported a routine tax-related share disposition. On the vesting of restricted stock units, 898 shares of common stock were withheld by the company to cover his tax obligations. After this non-market transaction, he directly holds 468,432 shares of KinderCare common stock.
Nuzzo Michael reported acquisition or exercise transactions in this Form 4 filing.
KinderCare Learning Companies director Michael Nuzzo received an equity grant of 37,038 restricted stock units (RSUs) of common stock on June 5, 2026. The RSUs vest on the earlier of the day immediately preceding KinderCare’s 2027 annual stockholders’ meeting or the first anniversary of the grant date, if he continues serving as a director. After this grant and including 4,397 shares referenced as previously omitted from a proxy ownership table, Nuzzo directly holds a total of 83,943 common shares and RSUs.