← KinderCare Learning Companies, Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value — — — — — — $156.1m $62.3m $133.2m —
Prepaid Expense and Other Assets, Current — — — — — — $39.2m $48.1m $106.3m —
Cash and cash equivalents $444k $32k $36k $483k $306k $105.2m $156.1m $62.3m $133.2m $133.2m
Accounts receivable, net $110k $16k $147k $115k — $70.0m $88.1m $104.3m $118.5m $118.5m
Prepaid expenses and other current assets — $26k $12k $194k $153k — $39.2m $48.1m — $106.3m
Prepaid Expenses $65k $26k — — — — — — — —
Cash Cash Equivalents And Short Term Investments — — — — — $105.2m $156.1m $62.3m $133.2m —
Non Current Prepaid Assets — — — — — $6.0m $6.8m $4.0m $4.1m —
Other Current Assets — — — — — $2.3m $3.8m $8.2m $7.1m —
Other Receivables — — — — — $24.3m $7.1m $5.2m $49.4m —
Prepaid Assets — — — — — $30.2m $27.1m $24.9m $46.4m —
Taxes Receivable — — — — — — $0 $7.9m $0 —
Assets, Current — — — — — — $283.4m $214.8m $358.0m —
Total current assets $623k $76k $195k $1.1m $842k — $283.4m $214.8m — $358.0m
Property, Plant and Equipment, Net $128k $138k $140k $82k $39k — $395.7m $418.5m $417.8m $417.8m
Goodwill $69k $69k $1.1m $8.5m $3.2m $1.1b $1.1b $1.1b $964.8m $964.8m
Intangible Assets, Net (Excluding Goodwill) — — — — — — $439.0m $429.8m $420.9m —
Intangible assets, net of accumulated amortization — — — — — — $439.0m $429.8m — $420.9m
Intangible Assets $30k $49k $53k $53k $53k — — — — —
Goodwill And Other Intangible Assets — — — — — $1.6b $1.5b $1.5b $1.4b —
Other Intangible Assets — — — — — $448.3m $439.0m $429.8m $420.9m —
Operating Lease, Right-of-Use Asset — — — — — — $1.4b $1.4b $1.5b —
Other Assets, Noncurrent — — — — — — $72.6m $89.6m $85.5m —
Operating lease right-of-use assets — — $0 $0 $157k — $1.4b $1.4b — $1.5b
Other assets — — — — — — $72.6m $89.6m — $85.5m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current — — — — — — $88.1m $104.3m $118.5m —
Related party payables — — — — — — $0 $119k — $0
Operating lease liabilities-current — — — $260k $133k — $133.2m $144.9m — $146.6m
Other current liabilities $123k $133k $147k $1.1m $1.1m $25.1m $99.8m $81.4m $87.7m $115.8m
Operating lease liabilities-long-term — — — $0 $193k — $1.3b $1.3b — $1.4b
Deferred income taxes, net — — — — — — $60.7m $30.9m — $35.5m
Retained (deficit) earnings ($4.1m) ($5.6m) ($6.2m) ($7.0m) ($14.4m) — $123.1m $30.3m — ($82.6m)
Other Non-Operating Non-Current Assets $0 — — $159k $270k — — — — —
Current right to use lease — — — $260k $112k — — — — —
Proprietary content, net $394k $328k $263k $144k $82k — — — — —
Other Non-Operating Current Liabilities — — — $70k $66k — — — — —
Non-compete agreements, net $16k $11k $5k $0 — — — — — —
Notes payable $281k $676k $24k $713k — — — — — —
Other Non-Operating Current Assets $5k $2k $0 — — — — — — —
Customer relationships, net $22k $11k $0 — — — — — — —
Other Non-Current Assets — — — — — $1.6m $10.1m $31.0m $27.0m —
Accumulated Depreciation — — — — — ($389.4m) ($444.1m) ($522.6m) ($582.8m) —
Buildings And Improvements — — — — — $25.5m $3.3m $4.5m $3.4m —
Capital Lease Obligations — — — — — $1.5b $1.4b $1.5b $1.6b —
Construction In Progress — — — — — $32.7m $30.0m $29.5m $14.6m —
Current Accrued Expenses — — — — — $2.4m $1.9m $14.7m $4.6m —
Current Capital Lease Obligation — — — — — $140.7m $134.8m $146.3m $147.6m —
Current Debt — — — — — $12.7m $13.6m $7.3m $9.6m —
Current Debt And Capital Lease Obligation — — — — — $153.4m $148.4m $153.6m $157.2m —
Current Deferred Assets — — — — — — — $0 $3.3m —
Current Deferred Liabilities — — — — — $52.6m $64.5m $65.2m $61.4m —
Employee Benefits — — — — — $4.3m $4.7m $10.2m $5.1m —
Financial Assets — — — — — $656k $0 $1.7m $0 —
Gross PPE — — — — — $2.2b $2.2b $2.3b $2.5b —
Hedging Assets Current — — — — — $1.6m $1.2m $2.0m $0 —
Income Tax Payable — — — — $3.6m $0 $6.9m $0 — —
Interest Payable — — — — — $2.4m $780k $11.8m $1.2m —
Invested Capital — — — — — $1.8b $1.8b $1.8b $1.7b —
Land And Improvements — — — — — $11.9m $4.5m $3.4m $4.5m —
Leases — — — — — $457.8m $503.3m $549.6m $594.5m —
Long Term Capital Lease Obligation — — — — — $1.4b $1.3b $1.3b $1.5b —
Machinery Furniture Equipment — — — — — $268.4m $298.8m $354.2m $383.6m —
Net Debt — — — — — $1.3b $1.1b $863.6m $794.3m —
Net PPE — — — — — $1.8b $1.8b $1.8b $1.9b —
Net Tangible Assets — — — — — ($1.1b) ($1.0b) ($685.0m) ($630.5m) —
Non Current Accounts Receivable — — — — — $28.5m $20.7m $10.1m $9.6m —
Non Current Deferred Assets — — — — — $20.9m $29.0m $38.4m $41.5m —
Non Current Deferred Liabilities — — — — — $98.2m $133.4m $81.4m $88.6m —
Ordinary Shares Number — — — — — $114.4m $114.4m $118.0m $118.3m —
Other Current Borrowings — — — — — $12.7m $13.6m $7.3m $9.6m —
Other Equity Adjustments — — — — — ($2.0m) ($313k) $2.7m ($4.6m) —
Other Non Current Liabilities — — — — — $38.9m $35.8m $38.5m $42.2m —
Other Payable — — — — — $13.5m $2.7m $3.9m $2.2m —
Other Properties — — — — — $1.4b $1.4b $1.4b $1.5b —
Properties — — — — — $0 $0 $0 $0 —
Share Issued — — — — — $114.4m $114.4m $118.0m $118.3m —
Tangible Book Value — — — — — ($1.1b) ($1.0b) ($685.0m) ($630.5m) —
Tradeand Other Payables Non Current — — — — — $963k $1.4m $659k $1.2m —
Working Capital — — — — — ($176.7m) ($143.1m) ($198.0m) ($126.8m) —
Total shareholders' equity $1.7m $446k $1.2m $7.5m $2.2m — $506.9m $864.5m — $755.3m
Total Long-Term Liabilities — — — $713k $626k — — — — —
Total Capitalization — — — — — $1.8b $1.7b $1.8b $1.7b —
Total Debt — — — — — $2.9b $2.7b $2.4b $2.5b —
Total Non Current Assets — — — — — $3.4b $3.4b $3.4b $3.4b —
Total Tax Payable — — — — — $22.2m $28.4m $22.2m $22.3m —
Assets — — — — — — $3.7b $3.6b $3.7b —
Total assets $2.4m $1.8m $1.8m $9.8m $4.3m $3.7b $3.7b $3.6b $3.7b $3.7b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — — — — — $133.2m $144.9m $146.6m —
Accounts Payable, Current $52k $105k $175k $108k $33k $56.7m $50.6m $45.3m $48.9m —
Operating Lease, Liability, Noncurrent — — — — — — $1.3b $1.3b $1.4b —
Deferred Revenue, Current $96k $0 $95k — — $52.6m $25.8m $26.4m $49.6m $49.6m
Long-term Debt, Excluding Current Maturities — — — $713k $433k $1.3b $1.2b $918.7m $917.9m —
Long-term Debt, Current Maturities — — — — — — $13.2m $7.3m $9.6m —
Long-term Debt, Excluding Current Maturities — — — $713k $433k $1.3b $1.2b $918.7m $917.9m —
Accounts payable and accrued liabilities — — — — — — $154.5m $152.7m — $163.3m
Current portion of long-term debt $166k $356k $13k $24k — — $13.2m $7.3m — $9.6m
Payables And Accrued Expenses — — — — — $94.7m $83.6m $86.1m $78.0m —
Liabilities, Current — — — — — — $426.5m $412.8m $484.9m —
Total current liabilities $436k $654k $494k $1.7m $1.6m — $426.5m $412.8m — $484.9m
Deferred Income Tax Liabilities, Net — — — — — — $60.7m $30.9m $35.5m —
Other Liabilities, Noncurrent — — — — — — $120.5m $103.0m $106.9m —
Long-term debt, net — — — — — — $1.2b $918.7m — $917.9m
Other long-term liabilities — — — — — — $120.5m $103.0m — $106.9m
Long Term Debt And Capital Lease Obligation — — — — — $2.7b $2.5b $2.2b $2.4b —
Non Current Deferred Taxes Liabilities — — — — — $77.3m $60.7m $30.9m $35.5m —
Pensionand Other Post Retirement Benefit Plans Current — — — — — $84.4m $96.8m $71.4m $100.7m —
Deferred Tax Liabilities, Net — — — — — — $60.7m $30.9m $35.5m —
Liabilities — — — — — — $3.1b $2.8b $3.0b —
Total liabilities — — — $2.4m $2.2m $3.3b $3.1b $2.8b $3.0b $3.0b
Stockholders’ equity:
Preferred Stock, Value, Issued — — — — — — $0 $0 $0 —
Common Stock, Value, Issued — — — — — — $904k $1.2m $1.2m —
Retained Earnings (Accumulated Deficit) — — — — — $20.5m $123.1m $30.3m ($82.6m) —
Accumulated Other Comprehensive Income (Loss), Net of Tax — — — — — — ($313k) $2.7m ($4.6m) —
Additional Paid in Capital, Common Stock — — — — — — $383.2m $830.4m $841.3m —
Preferred stock, par value $0.01; 25,000,000 shares authorized; no shares issued and outstanding as of January 3, 2026 and December 28, 2024 — — — — — — 0 0 — 0
Common stock, par value $0.01; 750,000,000 shares authorized; 118,340,042 shares issued and outstanding as of January 3, 2026 and 117,984,749 shares issued and outstanding as of December 28, 2024 36k 36k 41k 84k 92k — 904k 1.2m — 1.2m
Additional paid-in capital $5.7m $6.0m $7.4m $14.4m $16.5m $389.1m $383.2m $830.4m $841.3m $841.3m
Accumulated other comprehensive (loss) income — — — — — — ($313k) $2.7m — ($4.6m)
Capital Stock — — — — — $76k $904k $1.2m $1.2m —
Gains Losses Not Affecting Retained Earnings — — — — — ($2.0m) ($313k) $2.7m ($4.6m) —
Preferred Stock — — — — — — $0 $0 $0 —
Treasury Stock — — — — — $0 $0 $0 — —
Stockholders' Equity Attributable to Parent — — — — — — $506.9m $864.5m $755.3m —
Total Equity Gross Minority Interest — — — — — $407.7m $506.9m $864.5m $755.3m —
Total Non Current Liabilities Net Minority Interest — — — — — $2.8b $2.7b $2.4b $2.5b —
Liabilities and Equity — — — — — — $3.7b $3.6b $3.7b —
Total liabilities and shareholders' equity $2.4m $1.8m $1.8m $9.8m $4.3m — $3.7b $3.6b — $3.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.