KinderCare Sets 2026 Revenue Range at $2.64B to $2.66B as Enrollment Slips

KinderCare Learning Companies, Inc. set a 2026 revenue range of $2.64 billion to $2.66 billion as average weekly enrollment fell about 6% year over year in the third quarter.

KinderCare also expects adjusted EBITDA of $190 million to $195 million and adjusted EPS of $0.02 to $0.04 per share. The company is completing about 85 center closures.

Third-quarter revenue was $665 million. Same-center occupancy declined 320 basis points, while adjusted EBITDA fell to $43 million from $66 million.

Growth at Champions partly offset enrollment pressure in the KinderCare brand. Champions recorded its fifth consecutive quarter of double-digit revenue growth. Comparable employer centers increased enrollment about 2%, and eight new on-site centers were under contract.