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Stride, Inc.

LRN

Stride, Inc. • NYSE
$63.53 ▼ -0.42% (-0.27)
Market Cap $2.79 B
52w High $171.17
52w Low $61.89
Dividend Yield 0%
P/E 9.91
Volume 522.38K
Outstanding Shares 43.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $620.884M ▼ $173.14M ▼ $68.8M ▲ 11.081% ▲ $1.59 ▲ $86.686M ▼
Q4-2025 $653.647M ▲ $178.654M ▲ $51.32M ▼ 7.851% ▼ $1.19 ▼ $126.242M ▼
Q3-2025 $613.376M ▲ $118.504M ▲ $99.346M ▲ 16.197% ▼ $2.31 ▲ $167.087M ▲
Q2-2025 $587.211M ▲ $114.758M ▼ $96.393M ▲ 16.415% ▲ $2.24 ▲ $159.825M ▲
Q1-2025 $551.084M $168.509M $40.882M 7.418% $0.95 $84.256M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $715.098M ▼ $2.333B ▲ $805.707M ▼ $1.527B ▲
Q4-2025 $985.266M ▲ $2.294B ▲ $814.34M ▲ $1.48B ▲
Q3-2025 $724.167M ▲ $2.208B ▲ $790.572M ▲ $1.417B ▲
Q2-2025 $717.496M ▲ $2.071B ▲ $752.676M ▼ $1.318B ▲
Q1-2025 $522.238M $1.972B $757.615M $1.214B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $68.8M ▲ $-195.78M ▼ $-24.723M ▲ $-43.555M ▼ $-264.058M ▼ $-196.086M ▼
Q4-2025 $51.32M ▼ $298.324M ▲ $-34.652M ▼ $-12.309M ▲ $251.363M ▲ $283.72M ▲
Q3-2025 $99.346M ▲ $53.132M ▼ $-17.673M ▼ $-21.952M ▼ $13.974M ▼ $52.935M ▼
Q2-2025 $96.393M ▲ $223.364M ▲ $-14.776M ▲ $-8.726M ▲ $197.284M ▲ $222.88M ▲
Q1-2025 $40.882M $-142.004M $-20.894M $-19.951M $-182.849M $-156.789M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Adult
Adult
 $20.00M ▲$20.00M ▲$20.00M ▲$20.00M ▲
Career Learning
Career Learning
 $230.00M ▲$240.00M ▲$260.00M ▲$260.00M ▲
General Education
General Education
 $350.00M ▲$370.00M ▲$390.00M ▲$360.00M ▼
Middle High School
Middle High School
 $210.00M ▲$220.00M ▲$240.00M ▲$240.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Stride’s income statement shows a business that has grown steadily and become more profitable over the last several years. Sales have increased each year, and profits have risen even faster than revenue, which means margins are improving. The company appears to be managing costs better and getting more earnings out of each dollar of revenue. This trend suggests a business that is scaling well rather than just growing for growth’s sake.

Balance Sheet

Balance Sheet The balance sheet looks progressively stronger. Assets and shareholder equity have expanded meaningfully, while debt has stayed fairly stable, so leverage has actually come down over time. Cash levels are much higher than a few years ago, which gives the company more flexibility to invest, absorb shocks, or manage through downturns. Overall, the financial foundation appears solid and less risky than in the past.

Cash Flow

Cash Flow Stride is turning its growth and profits into real cash. Operating cash flow has grown significantly and free cash flow has followed closely behind, helped by relatively modest capital spending needs. This indicates an asset-light model where the business doesn’t need heavy ongoing investment to sustain growth. Strong cash generation supports continued product development, selective acquisitions, and debt management if needed.

Competitive Edge

Competitive Edge Stride holds a differentiated position in online education, combining K–12 virtual schooling with career and skills-focused programs. Its long history, accredited curriculum, and deep regulatory know-how create meaningful barriers for new entrants. The company’s scale, brand recognition, and data from many years of online learning give it advantages in refining content and student outcomes. At the same time, it competes in a crowded and politically sensitive education landscape, and it faces reputational and regulatory risks, including legal challenges around enrollment practices and customer experience.

Innovation and R&D

Innovation and R&D Innovation is a clear focus, especially around artificial intelligence and immersive learning. The company is building AI tutors and teacher assistants, experimenting with generative AI for personalized content, and using AR/VR tools in STEM and healthcare training. Its mix of proprietary platforms and partnerships lets it tailor solutions by age group and program type. The main risks are execution—proving that these tools truly improve learning and efficiency—and keeping up with rapid changes in education technology and AI regulation.

Summary

Stride looks like a growing, increasingly profitable education technology company with a much stronger financial base than a few years ago. It generates healthy cash, carries manageable debt, and appears to be benefiting from operating leverage as it scales. Competitively, it stands out through its combination of K–12 virtual schooling, career pathways, and a talent platform that links students to employers, all supported by heavy use of digital technology and AI. Key things to watch include regulatory and legal developments, public funding and policy around online schools, and whether its AI and career-learning initiatives can continue to drive enrollment, student outcomes, and operating efficiency over time.

NEWS

November 30, 2025 · 7:46 AM UTC

LRN LAWSUIT: BFA Law Reminds Stride, Inc. Investors the Company has been Sued for Securities Fraud and to Contact BFA Law by January 12 Deadline

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November 29, 2025 · 11:12 PM UTC

ROSEN, LEADING TRIAL ATTORNEYS, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LRN

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November 29, 2025 · 8:23 AM UTC

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Stride

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November 29, 2025 · 6:36 AM UTC

LRN STOCK: Lose Money on Your Stride, Inc. Investment? Contact BFA Law about the Pending Securities Class Action before January 12 Deadline

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November 28, 2025 · 11:12 PM UTC

ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Stride, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - LRN

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