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
DateValue
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