KinderCare Reports Second Quarter 2026 Financial Results
KinderCare reported Q2 revenue of $697.5 million, a slight 0.4% decrease year-over-year, while swinging to a net loss of $8.8 million compared to a net income of $38.6 million in the prior year. The decline was driven by a $22.9 million impairment charge in the quarter and a $273.5 million goodwill impairment recorded in the first half, attributed to deteriorating market capitalization and lower center performance.
Key figures
- Revenue
- $697.5 million
- Guidance
- FY2026 revenue $2.66B-$2.70B; Adj EBITDA $200M-$220M; Adj EPS $0.05-$0.15
- Revenue Yoy
- -0.4%
- Adjusted eps
- 0.08
- Closed centers
- 49
- Adjusted ebitda
- 63000000
- Operating income
- 2400000
- Impairment losses q2
- 22923000
- Goodwill impairment 6m
- 273500000
AI analysis
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