KinderCare Learning Companies Inc 2026年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 Commission File Number: 001-42367 KinderCare Learning Companies, Inc.(Exact Name of Registrant as Specified in its Charter) Securities registered pursuant to Section 12(b) of the Act: Title of each classTradingSymbol(s)Name of each exchange on which registeredCommon stock, par value $0.01 per shareKLCNew York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐Emerging growth company☐ Accelerated filer☒Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of August 11, 2026, the registrant had 118,517,033 shares of common stock, $0.01 par value per share, outstanding. Table of Contents PART I.FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)2Condensed Consolidated Balance Sheets (Unaudited)2Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited)3Condensed Consolidated Statements of Shareholders' Equity (Unaudited)4Condensed Consolidated Statements of Cash Flows (Unaudited)6Notes to Condensed Consolidated Financial Statements (Unaudited)8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations23Item 3.Quantitative and Qualitative Disclosures About Market Risk34Item 4.Controls and Procedures34 PART II.OTHER INFORMATION Item 1.Legal Proceedings36Item 1A.Risk Factors36Item 2.Unregistered Sales of Equity Securities and Use of Proceeds36Item 3.Defaults Upon Senior Securities36Item 4.Mine Safety Disclosures36Item 5.Other Information36Item 6.Exhibits37Signatures38 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities LitigationReform Act of 1995. You can generally identify forward-looking statements by our use of forward-looking terminology such as“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “seek,”“vision,” or “should,” or the negative thereof or other variations thereon or comparable terminology. Important factors that couldcause actual results and events to differ materially from those indicated in the forward-looking statements include, among others,the following: •our ability to attract and retain families in our centers, schools and programs, and to attract and retain employers thatcontract with us for family care benefits for their workforce.•changes in the demand for child care and workplace solutions, which may be negatively affected by demographic trendsand economic conditions, including unemployment rates, may materially and adversely affect our business, financialcondition and results of operations.•our ability to hire and retain qualified teachers and maintain strong employee engagement.•a permanent shift in workforce demographics and office environments, which may result in decreased demand for center-based or site-based child care and have a materially adverse effect on our business, financial condition and results ofoperations.•our dependence on key management and key employees to manage our business.•adverse publicity that impacts the value of our brands and reputation as a provider of choice.•significant competition in our industry.•our ability to manage our labor costs.•our ability to secure affordable real estate leases and renew existing leases on terms acceptable to us may affect ouroperating results.•our reliance on third-party vendors and service providers exposes us to ope