Growth Metrics

KinderCare Learning Companies (KLC) Operating Expenses (2023 - 2026)

Quarterly results put Operating Expenses at $852.0 million for Q1 2026, up 15.73% from a year ago — trailing twelve months through Jan 2026 was $2.8 billion (up 6.57% YoY), and the annual figure for FY2026 was $2.8 billion, up 6.57%.

KinderCare Learning Companies has reported Operating Expenses over the past 4 years, most recently at $852.0 million for Q1 2026.

  • Operating Expenses reached $852.0 million in Q1 2026 per KLC's latest filing, up from $650.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $852.0 million in Q1 2026 and bottomed at $565.7 million in Q3 2023.
  • Median Operating Expenses over the past 4 years was $620.2 million (2024), compared with a mean of $647.2 million.
  • The largest annual shift saw Operating Expenses increased 29.31% in 2024 before it fell 0.27% in 2025.
  • Over 4 years, Operating Expenses stood at $569.3 million in 2023, then rose by 29.31% to $736.2 million in 2024, then fell by 11.64% to $650.5 million in 2025, then surged by 30.98% to $852.0 million in 2026.
  • Business Quant data shows Operating Expenses for KLC at $852.0 million in Q1 2026, $650.5 million in Q3 2025, and $631.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -27.37 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 1.18 Bn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 11.13 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 213.30 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 102.49 Mn
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 158.62 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 221.06 Mn
8 Strategic Education 1.71 Bn 1.55 Bn - 154.77 Mn
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 137.55 Mn
10 KinderCare Learning Companies 443.73 Mn 310.53 Mn 138.81 Mn 852.03 Mn

Historic Data

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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