KinderCare Learning Companies (KLC) Operating Expenses (2023 - 2026)
KinderCare Learning Companies' (KLC) quarterly Operating Expenses came in at $852.0 million in Q1 2026, up 15.73% year-on-year from $736.2 million in Q1 2025, and up 30.98% quarter-over-quarter from $650.5 million in Q3 2025.
KinderCare Learning Companies (KLC) Operating Expenses (2023 - 2026) Analysis & Trends
KinderCare Learning Companies has disclosed Operating Expenses across 4 years of filings, most recently posting $852.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $852.0 million, up 15.73% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.8 billion (up 6.57% YoY), and the FY2026 annual result was $2.8 billion, up 6.57% from the prior year.
- Operating Expenses came in at $852.0 million for Q1 2026 at KinderCare Learning Companies, up from $650.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $852.0 million in Q1 2026 to a low of $565.7 million in Q3 2023.
- The 4-year median for Operating Expenses is $620.2 million (2024), against an average of $647.2 million.
- Across the five-year window, Operating Expenses increased 29.31% in 2024 and slipped 0.27% in 2025, its largest moves.
- KinderCare Learning Companies' Operating Expenses stood at $569.3 million in 2023, then climbed by 29.31% to $736.2 million in 2024, then slipped by 11.64% to $650.5 million in 2025, then surged by 30.98% to $852.0 million in 2026.
- The last three Operating Expenses figures came in at $852.0 million (Q1 2026), $650.5 million (Q3 2025), and $631.4 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 11.13 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 1.18 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 395.69 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 213.30 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 395.25 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 221.06 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 158.62 Mn |
| 10 | KinderCare Learning Companies | 492.84 Mn | 359.64 Mn | 138.81 Mn | 852.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 852.03 Mn |
| Sep 27, 2025 | 650.51 Mn |
| Jun 28, 2025 | 631.43 Mn |
| Mar 29, 2025 | 619.40 Mn |
| Dec 28, 2024 | 736.22 Mn |
| Sep 28, 2024 | 617.10 Mn |
| Jun 29, 2024 | 609.35 Mn |
| Mar 30, 2024 | 621.05 Mn |
| Dec 30, 2023 | 569.34 Mn |
| Sep 30, 2023 | 565.74 Mn |