Latest revenue
$676.8M
as of 2025-09-27
Latest net income
$4.5M
as of 2025-09-27
Net margin
0.7%
as of 2025-09-27
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $424.0M
- Enterprise value
- $424.0M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $12.78
- 52-wk low
- $1.75
- Beta
- —
- Shares out
- 118.4M
5-year trend
What this company does
KinderCare runs roughly 1,555 community child care centers, 46 premium Crème Schools, and 1,153 before- and after-school Champions sites serving kids from six weeks to 12 years old. It earns money primarily from parent tuition at its KCLC centers (88% of revenue), with 37% of total revenue subsidized by government agencies supporting low-income families. The company is pushing growth through greenfield openings and acquisitions—adding 46 centers in fiscal 2025—while leaning harder into employer-sponsored care contracts with over 1,000 corporate clients.
Generated from KLC's filing dated 2026-03-13
Key risks
- Subsidy dependence: 37% of fiscal 2025 revenue came from families with government-subsidized tuition, exposing KLC to federal/state funding cuts.
- Brand concentration: KinderCare Learning Centers generated 88% of fiscal 2025 revenue across 1,555 centers, leaving little diversification if core brand falters.
- Seasonality and occupancy risk: Q3 revenue declines during summer, and growth thesis hinges on raising occupancy plus consistent tuition hikes amid affordability pressure.
Generated from KLC's filing dated 2026-03-13
Profitability
Operating margin
-0.7%
124.6%Net margin
-4.1%
18.5%Return on equity
-14.9%
39.2%Return on assets
-3.0%
18.3%Leverage
Debt / equity
3.96×
23.2%Long-term debt / equity
1.22×
14.4%Debt / assets
79.8%
4.7%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-01-03 | $688.1M | +6.4% | $-177.2M | -34.4% | -25.7% |
Q3 2025 2025-09-27 | $676.8M | +0.8% | $4.5M | -67.4% | 0.7% |
Q2 2025 2025-06-28 | $700.1M | +1.5% | $38.6M | +44.1% | 5.5% |
Q1 2025 2025-03-29 | $668.2M | +2.1% | $21.2M | +1308.3% | 3.2% |
Q4 2024 2024-12-28 | $647.0M | — | $-131.8M | — | -20.4% |
Q3 2024 2024-09-28 | $671.5M | +7.5% | $14.0M | -13.0% | 2.1% |
Q2 2024 2024-06-29 | $689.9M | — | $26.8M | — | 3.9% |
Q1 2024 2024-03-30 | $654.7M | — | $-1.8M | — | -0.3% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Child Day Care Services · SIC 8351
Your notes
Keep private notes on KLC — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$1.1M
Insider selling
$0
Net activity
+$1.1M
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns KLC
Institutional value
$15.8M
Total shares held
7.2M
Distinct holders
56
-58 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.1M | $4.7M | -495.3K (-18.9%) | Trimmed |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 1.4M | $3.1M | — | New |
| 3 | JANE STREET GROUP, LLC | 591.1K | $1.3M | +562.1K (+1939.5%) | Added |
| 4 | FIRST TRUST ADVISORS LP | 582.8K | $1.3M | +345.9K (+146.0%) | Added |
| 5 | JPMORGAN CHASE & CO | 436.1K | $928.9K | +284.4K (+187.4%) | Added |
| 6 | Villanova Investment Management Co LLC | 334.5K | $735.8K | -481.5K (-59.0%) | Trimmed |
| 7 | VANGUARD PORTFOLIO MANAGEMENT LLC | 328.9K | $723.6K | — | New |
| 8 | VANGUARD FIDUCIARY TRUST CO | 214.4K | $471.6K | — | New |
| 9 | Militia Capital Management LLC | 135.8K | $298.8K | — | New |
| 10 | Invesco Ltd. | 109.1K | $240.0K | +35.0K (+47.2%) | Added |
| 11 | Vanguard Global Advisers, LLC | 103.4K | $227.4K | — | New |
| 12 | Counterpoint Mutual Funds LLC | 86.5K | $190.3K | — | New |
| 13 | Bank of New York Mellon Corp | 71.8K | $157.9K | -1.7K (-2.3%) | Trimmed |
| 14 | Lido Advisors, LLC | 65.0K | $143.1K | +0 (+0.0%) | No change |
| 15 | Aster Capital Management (DIFC) Ltd | 11.6K | $134.4K | — | New |
| 16 | UBS Group AG | 56.2K | $123.6K | -209.2K (-78.8%) | Trimmed |
| 17 | DEUTSCHE BANK AG\ | 50.3K | $110.7K | +30.9K (+159.8%) | Added |
| 18 | MACKENZIE FINANCIAL CORP | 50.0K | $110.1K | — | New |
| 19 | Nuveen, LLC | 44.2K | $97.3K | -39.8K (-47.4%) | Trimmed |
| 20 | RHUMBLINE ADVISERS | 37.2K | $81.9K | -278 (-0.7%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
With KCLC closing 18 centers against 44 openings in fiscal 2025, what were the same-center occupancy and tuition trends underlying that net 26-center add?
- 2
Public subsidy funding supports a meaningful share of enrollment—quantify ARPA cliff exposure and any fiscal 2025 revenue tied to expiring state stabilization programs.
- 3
Top-five providers hold only ~6% share; why should investors believe greenfield/M&A returns clear hurdle rates versus simply buying back stock?
Refreshed when KLC files a new report · last from 2026-03-13