8-K Announcements
6Material company update
Apr 28, 2026·SEC
Material company update
Jan 27, 2026·SEC
Material company update
Dec 10, 2025·SEC
Stride, Inc.(LRN)Earnings, Financials & Key Ratios
LRN•NYSE
$91.07
15.3× P/E·Price updated Jul 7, 2026
AboutStride, Inc., a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. Stride, Inc. serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.Show more
- Revenue$2.41B+17.9%
- EBITDA$475M+32.1%
- Net Income$288M+41.0%
- EPS (Diluted)5.95+26.9%
- Gross Margin39.24%+4.8%
- EBITDA Margin19.74%+12.1%
- Operating Margin14.97%+22.4%
- Net Margin11.97%+19.6%
- ROE21.69%+12.8%
LRN Price & Volume
Stride, Inc. (LRN) stock price & volume — 10-year historical chart
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Seasonal Enrollment Volatility Challenges Growth Sustainability
Investment Thesis • Updated 2026Q3
VerdictNeutral: While the stock trades at a forward P/E of 12.41
Growth:Decelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Regulatory funding dependency
Key Thesis Takeaways
- Stride, Inc.
- demonstrates a robust balance sheet with a current ratio of 6.21, yet faces significant headwinds as revenue growth decelerated to 2.7% in 2026Q3.
- While the company has successfully expanded its equity base to $1.6 billion through retained earnings, investors should monitor the high sensitivity of operating margins to seasonal enrollment cycles.
- Future performance remains contingent on managing rising operational costs and mitigating the impact of stock-based compensation, which frequently exceeds $10 million per quarter.
Verdict Logic
the significant deceleration in top-line growth to 2.7% and the inherent volatility in quarterly cash flows warrant a cautious approach.
LRN Growth Metrics
Stride, Inc. (LRN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.75%
5 Years18.24%
3 Years12.56%
TTM10.93%
Profit CAGR
10 Years38.62%
5 Years63.68%
3 Years39.04%
TTM2.91%
EPS CAGR
10 Years35.27%
5 Years58.22%
3 Years33.16%
TTM0.16%
Return on Capital
10 Years9.01%
5 Years14.02%
3 Years15.82%
Last Year19.64%
LRN Recent Earnings
Stride, Inc. (LRN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$2.30+19.2%
$1.93
Rev
$630M+0.0%
$630M
Q1 2026
Jan 27, 2026Metric
Actual
Est
EPS
$2.12+5.5%
$2.01
Rev
$631M+0.5%
$628M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$1.52+42.1%
$1.07
Rev
$621M+1.2%
$613M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$2.29+25.1%
$1.83
Rev
$654M+4.6%
$625M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $2.30vs $1.93+19.2% | $630Mvs $630M+0.0% |
| Q1 2026 | Jan 27, 2026 | $2.12vs $2.01+5.5% | $631Mvs $628M+0.5% |
| Q4 2025 | Oct 28, 2025 | $1.52vs $1.07+42.1% | $621Mvs $613M+1.2% |
| Q3 2025 | Aug 5, 2025 | $2.29vs $1.83+25.1% | $654Mvs $625M+4.6% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Stride, Inc. (LRN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $91.07 | $3.88B | 15.31 | 17.9% | 11.97% | 21.69% | — | |
| $35.16 | $2.2B | 14.53 | 24.2% | 19.91% | 17.21% | — | |
| $39.86 | $5.69B | 21.09 | 8.64% | 16.08% | 25.36% | — | |
| $106.64 | $3.7B | 17.57 | 12.85% | 13.41% | 18.37% | — | |
| $1155.24 | $5.02B | 17.38 | 2.52% | 7.94% | 6.39% | — | |
| $152.96 | $4.15B | 19.84 | 7.07% | 26.92% | 29.53% | — |
Compare LRN vs Peers
Stride, Inc. (LRN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LRN SEC Filings & Documents
Stride, Inc. (LRN) SEC filings — annual & quarterly reports (10-K, 10-Q)
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LRN Frequently Asked Questions
Stride, Inc. (LRN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Stride, Inc.'s revenue?
Stride, Inc. (LRN) reported $2.54B in revenue for fiscal year 2025. This represents a 2872% increase from $85.3M in 2005.
How fast is Stride, Inc. growing?
Stride, Inc. (LRN) grew revenue by 17.9% over the past year. This is strong growth.
Is LRN profitable?
Yes, Stride, Inc. (LRN) is profitable, generating $308.1M in net income for fiscal year 2025 (12.0% net margin).
Dividend & Returns
What is LRN's return on equity?
Stride, Inc. (LRN) has a return on equity (ROE) of 21.7%. This is excellent, indicating efficient use of shareholder capital.
What is Stride, Inc.'s free cash flow?
Stride, Inc. (LRN) generated $400.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.