Stride, Inc.(LRN)Earnings, Financials & Key Ratios

LRN•NYSE

$93.00

$3.96B mkt cap·15.6× P/E·Price updated May 6, 2026

SectorConsumer Defensive IndustryEducation & Training Sub-IndustryK-12 Schools and Early Childhood

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%
ROIC22.04%+34.5%
Debt/Equity0.37-17.3%
Interest Coverage37.48+19.5%

Technical→

LRN Key Insights

Stride, Inc. (LRN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong 5Y profit CAGR of 63.7%
✓Strong Piotroski F-Score: 7/9
✓FCF machine: 15.5% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 18.2%
✓Good 3Y average ROE of 18.4%

✗Weaknesses

✗Shares diluted 11.2% in last year
✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

LRN Price & Volume

Stride, Inc. (LRN) stock price & volume — 10-year historical chart

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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

Full history →

●Beat EPS 11/12 qtrs (92%)●Beat Revenue 10/12 qtrs (83%)

Q2 2026Latest

Apr 28, 2026

EPS

$2.30

Est $1.92

+19.8%

Revenue

$630M

Est $630M

+0.0%

Q1 2026

Jan 27, 2026

EPS

$2.12

Est $2.01

+5.5%

Revenue

$631M

Est $628M

+0.5%

Q4 2025

Oct 28, 2025

EPS

$1.52

Est $1.07

+42.1%

Revenue

$621M

Est $613M

+1.2%

Q3 2025

Aug 5, 2025

EPS

$2.29

Est $1.83

+25.1%

Revenue

$654M

Est $625M

+4.6%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 28, 2026	$2.30vs $1.92+19.8%	$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 →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
PRDOPerdoceo Education CorporationDirect Competitor	2.14B	34.11	14.10	24.2%	18.9%	16.3%	0.11
LAURLaureate Education, Inc.Direct Competitor	4.64B	32.52	17.21	8.64%	16.08%	25.36%	0.71
ATGEAdtalem Global Education Inc.Direct Competitor	3.7B	106.64	17.57	12.85%	13.41%	18.37%	0.54
GHCGraham Holdings CompanyDirect Competitor	4.88B	1122.64	16.89	2.52%	7.94%	6.39%	0.36
LOPEGrand Canyon Education, Inc.Direct Competitor	4.47B	164.51	21.34	7.07%	26.92%	29.53%	0.27
CHGGChegg, Inc.Product Competitor	129.87M	1.16	-1.21	-38.97%	-26.89%	-62.94%	0.70
COURCoursera, Inc.Product Competitor	1.02B	6.03	-19.45	9.04%	-8.23%	-10.06%	0.01
UDMYUdemy, Inc.Product Competitor	700.49M	4.80	186.77	0.42%	0.48%	1.74%	0.05

Compare LRN vs Peers

Stride, Inc. (LRN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PRDO

Most directly comparable listed peer for LRN.

Scale Benchmark

vs GOOG

Larger-name benchmark to compare LRN against a more recognizable public peer.

Peer Set

Compare Top 5

vs PRDO, LAUR, ATGE, GHC

LRN Income Statement

Stride, Inc. (LRN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Sales/Revenue	888.52M	917.73M	1.02B	1.04B	1.54B	1.69B	1.84B	2.04B	2.41B	2.54B
Revenue Growth %	1.81%	3.29%	10.68%	2.46%	47.66%	9.75%	8.93%	11.03%	17.9%	10.93%
Cost of Goods Sold	557.32M	592.5M	663.44M	693.23M	1B	1.09B	1.19B	1.28B	1.46B	1.56B
COGS % of Revenue	62.72%	64.56%	65.31%	66.61%	65.19%	64.64%	64.78%	62.57%	60.76%	-
Gross Profit	331.2M▲ 0%	325.24M▼ 1.8%	352.31M▲ 8.3%	347.53M▼ 1.4%	534.9M▲ 53.9%	596.48M▲ 11.5%	647.07M▲ 8.5%	763.6M▲ 18.0%	943.92M▲ 23.6%	972.24M▲ 0%
Gross Margin %	37.28%	35.44%	34.69%	33.39%	34.81%	35.36%	35.22%	37.43%	39.24%	38.34%
Gross Profit Growth %	1.54%	-1.8%	8.33%	-1.36%	53.91%	11.51%	8.48%	18.01%	23.61%	-
Operating Expenses	318.07M	299.69M	306.83M	315.08M	424.44M	439.85M	481.57M	514M	583.83M	570.46M
OpEx % of Revenue	35.8%	32.66%	30.21%	30.27%	27.62%	26.08%	26.21%	25.2%	24.27%	-
Selling, General & Admin	305.62M	299.69M	306.83M	315.08M	424.44M	439.85M	481.57M	514M	524.35M	510.98M
SG&A % of Revenue	34.4%	32.66%	30.21%	30.27%	27.62%	26.08%	26.21%	25.2%	21.8%	-
Research & Development	12.46M	9.25M	9.48M	0	0	0	0	0	0	0
R&D % of Revenue	1.4%	1.01%	0.93%	-	-	-	-	-	-	-
Other Operating Expenses	0	-9.25M	-9.48M	0	0	0	0	0	59.48M	1000K
Operating Income	13.13M▲ 0%	25.55M▲ 94.6%	45.49M▲ 78.1%	32.46M▼ 28.6%	110.46M▲ 240.3%	156.63M▲ 41.8%	165.5M▲ 5.7%	249.6M▲ 50.8%	360.09M▲ 44.3%	401.78M▲ 0%
Operating Margin %	1.48%	2.78%	4.48%	3.12%	7.19%	9.29%	9.01%	12.23%	14.97%	15.85%
Operating Income Growth %	-5.64%	94.57%	78.06%	-28.64%	240.31%	41.8%	5.66%	50.82%	44.27%	-
EBITDA	87.41M	100.81M	116.89M	104.55M	200.53M	254.54M	275.86M	359.28M	474.76M	524.76M
EBITDA Margin %	9.84%	10.98%	11.51%	10.05%	13.05%	15.09%	15.01%	17.61%	19.74%	20.7%
EBITDA Growth %	6.42%	15.33%	15.95%	-10.56%	91.81%	26.93%	8.37%	30.24%	32.14%	7.18%
D&A (Non-Cash Add-back)	74.28M	75.26M	71.4M	72.09M	90.08M	97.91M	110.36M	109.68M	114.67M	122.98M
EBIT	13.13M	25.55M	45.49M	32.46M	113.28M	155.35M	180.95M	276.5M	393.72M	418.09M
Net Interest Income	1.81M	965K	2.76M	698K	-17.98M	-8.28M	-8.4M	-8.81M	-10.5M	-11.58M
Interest Income	1.81M	965K	2.76M	698K	0	0	0	0	0	0
Interest Expense	0	0	0	0	17.98M	8.28M	8.4M	8.81M	10.5M	11.58M
Other Income/Expense	-8.19M	965K	2.24M	590K	-14.47M	-9.41M	6.71M	19.07M	20.85M	-803K
Pretax Income	4.94M▲ 0%	26.51M▲ 437.0%	47.73M▲ 80.0%	33.05M▼ 30.8%	95.99M▲ 190.5%	147.22M▲ 53.4%	172.21M▲ 17.0%	268.67M▲ 56.0%	380.95M▲ 41.8%	401.08M▲ 0%
Pretax Margin %	0.56%	2.89%	4.7%	3.18%	6.25%	8.73%	9.37%	13.17%	15.84%	15.82%
Income Tax	5.4M	-910K	10.52M	8.54M	24.54M	40.09M	45.35M	64.48M	93.01M	92.85M
Effective Tax Rate %	109.3%	-3.43%	22.04%	25.85%	25.56%	27.23%	26.33%	24%	24.41%	23.15%
Net Income	451K▲ 0%	27.62M▲ 6024.2%	37.21M▲ 34.7%	24.51M▼ 34.1%	71.45M▲ 191.6%	107.13M▲ 49.9%	126.87M▲ 18.4%	204.18M▲ 60.9%	287.94M▲ 41.0%	308.12M▲ 0%
Net Margin %	0.05%	3.01%	3.66%	2.35%	4.65%	6.35%	6.9%	10.01%	11.97%	12.15%
Net Income Growth %	-95.01%	6024.17%	34.72%	-34.14%	191.57%	49.93%	18.42%	60.94%	41.02%	2.91%
Net Income (Continuing)	-459K	27.42M	37.21M	24.51M	71.45M	107.13M	126.87M	204.18M	287.94M	308.12M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.01▲ 0%	0.68▲ 6700.0%	0.91▲ 33.8%	0.60▼ 34.1%	1.71▲ 185.0%	2.52▲ 47.4%	2.97▲ 17.9%	4.69▲ 57.9%	5.95▲ 26.9%	6.47▲ 0%
EPS Growth %	-95.65%	6700%	33.82%	-34.07%	185%	47.37%	17.86%	57.91%	26.87%	0.16%
EPS (Basic)	0.01	0.70	0.96	0.62	1.78	2.58	3.00	4.79	6.69	-
Diluted Shares Outstanding	39.5M	40.64M	40.94M	40.66M	41.87M	42.44M	42.73M	43.54M	48.41M	47.61M
Basic Shares Outstanding	38.3M	39.28M	38.85M	39.48M	40.21M	41.45M	42.29M	42.63M	43.04M	42.93M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

LRN Balance Sheet

Stride, Inc. (LRN) balance sheet — assets, liabilities & shareholders' equity

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Total Current Assets	473.58M	454.01M	529.66M	501.27M	857.53M	950.53M	1.07B	1.25B	1.63B	1.76B
Cash & Short-Term Investments	230.86M	231.11M	283.12M	212.3M	386.08M	389.4M	522.73M	692.29M	985.27M	805.84M
Cash Only	230.86M	231.11M	283.12M	212.3M	386.08M	389.4M	410.81M	500.61M	782.5M	614.05M
Short-Term Investments	0	0	0	0	0	0	111.92M	191.67M	202.77M	191.79M
Accounts Receivable	192.21M	176.32M	191.64M	236.13M	369.3M	418.56M	463.72M	472.75M	559.65M	854.87M
Days Sales Outstanding	78.96	70.13	68.86	82.81	87.71	90.58	92.12	84.58	84.92	111.3
Inventory	30.5M	25.92M	29.95M	28.3M	39.69M	36M	36.72M	36.75M	37.57M	21.5M
Days Inventory Outstanding	19.98	15.97	16.48	14.9	14.46	12.05	11.26	10.51	9.38	5.65
Other Current Assets	12M	10.39M	12.31M	11.48M	43M	80.6M	17.22M	14.49M	14.67M	12M
Total Non-Current Assets	261.68M	288M	289.97M	572.04M	719.79M	693.04M	695.5M	675.04M	661.2M	688.15M
Property, Plant & Equipment	26.3M	28.87M	31.98M	150.44M	166.74M	146.99M	121.84M	105.36M	94.54M	111.08M
Fixed Asset Turnover	33.79x	31.79x	31.76x	6.92x	9.22x	11.47x	15.08x	19.36x	25.44x	23.63x
Goodwill	87.21M	90.2M	90.2M	174.94M	240.35M	241.02M	246.68M	246.68M	246.68M	246.68M
Intangible Assets	142.11M	127.05M	119.46M	174.84M	207.18M	211.08M	209.05M	195.48M	152.1M	157.74M
Long-Term Investments	0	0	0	0	0	0	0	0	0	50.2M
Other Non-Current Assets	6.06M	41.89M	48.33M	71.82M	105.51M	93.95M	109.15M	120.32M	141.5M	629.61M
Total Assets	735.28M▲ 0%	741.96M▲ 0.9%	819.61M▲ 10.5%	1.07B▲ 30.9%	1.58B▲ 47.0%	1.64B▲ 4.2%	1.76B▲ 7.1%	1.92B▲ 9.1%	2.29B▲ 19.4%	2.45B▲ 0%
Asset Turnover	1.21x	1.24x	1.24x	0.97x	0.97x	1.03x	1.04x	1.06x	1.05x	1.08x
Asset Growth %	0.17%	0.91%	10.46%	30.95%	46.96%	4.2%	7.13%	9.08%	19.45%	59.97%
Total Current Liabilities	117.75M	116.22M	155.59M	273.42M	306.24M	302.07M	309.13M	244.28M	302.88M	283.17M
Accounts Payable	30.05M	29.36M	50.49M	40.43M	62.14M	62M	48.85M	40.97M	43.96M	45.09M
Days Payables Outstanding	19.68	18.09	27.78	21.29	22.64	20.76	14.98	11.72	10.98	11.11
Short-Term Debt	0	0	0	100M	0	0	0	0	0	61.74M
Deferred Revenue (Current)	24.83M	23.11M	22.83M	24.42M	38.11M	53.63M	76.16M	35.74M	27M	70.02M
Other Current Liabilities	29.37M	36.05M	42M	47.23M	80.36M	73.03M	57.43M	64.88M	74.94M	68.67M
Current Ratio	4.02x	3.91x	3.40x	1.83x	2.80x	3.15x	3.45x	5.10x	5.39x	5.39x
Quick Ratio	3.76x	3.68x	3.21x	1.73x	2.67x	3.03x	3.33x	4.95x	5.27x	5.27x
Cash Conversion Cycle	79.25	68	57.56	76.43	79.53	81.87	88.4	83.38	83.33	105.84
Total Non-Current Liabilities	43.19M	38.55M	30.65M	124.52M	466.4M	528.89M	504.24M	500.16M	511.46M	521.84M
Long-Term Debt	0	0	0	0	299.27M	411.44M	413.04M	414.68M	416.32M	417.58M
Capital Lease Obligations	10.03M	12.66M	5.06M	101.18M	119.03M	104.02M	80.7M	71.64M	79.73M	329.87M
Deferred Tax Liabilities	16.73M	12.58M	16.67M	13.77M	31.85M	3.21M	0	0	0	65.61M
Other Non-Current Liabilities	16.44M	13.31M	8.92M	9.57M	16.25M	10.23M	10.5M	13.84M	15.41M	59.75M
Total Liabilities	160.94M	154.77M	186.24M	397.93M	772.65M	830.96M	813.37M	744.44M	814.34M	805.01M
Total Debt	21.91M	26.02M	24.65M	235.17M	466.28M	565.67M	543.81M	528.21M	549.76M	547.42M
Net Debt	-208.96M	-205.09M	-258.47M	22.87M	80.2M	176.27M	133M	27.6M	-232.74M	-66.63M
Debt / Equity	0.04x	0.04x	0.04x	0.35x	0.58x	0.70x	0.57x	0.45x	0.37x	0.37x
Debt / EBITDA	0.25x	0.26x	0.21x	2.25x	2.33x	2.22x	1.97x	1.47x	1.16x	1.04x
Net Debt / EBITDA	-2.39x	-2.03x	-2.21x	0.22x	0.40x	0.69x	0.48x	0.08x	-0.49x	-0.49x
Interest Coverage	-	-	-	-	6.30x	18.77x	21.53x	31.38x	37.48x	36.09x
Total Equity	574.35M▲ 0%	587.19M▲ 2.2%	633.37M▲ 7.9%	675.33M▲ 6.6%	804.65M▲ 19.1%	812.58M▲ 1.0%	947.3M▲ 16.6%	1.18B▲ 24.1%	1.48B▲ 25.8%	1.64B▲ 0%
Equity Growth %	2.8%	2.24%	7.86%	6.63%	19.15%	0.99%	16.58%	24.15%	25.82%	84.87%
Book Value per Share	14.54	14.45	15.47	16.61	19.22	19.15	22.17	27.01	30.56	34.49
Total Shareholders' Equity	574.35M	587.19M	633.37M	675.33M	804.65M	812.58M	947.3M	1.18B	1.48B	1.64B
Common Stock	4K	4K	4K	4K	4K	4K	4K	4K	4K	4K
Retained Earnings	-40.98M	-13.43M	22.45M	46.95M	112.15M	227.46M	354.33M	558.51M	846.45M	1.1B
Treasury Stock	-75M	-102.48M	-102.48M	-102.48M	-102.48M	-102.48M	-102.48M	-102.48M	-102.48M	-191.13M
Accumulated OCI	-170K	-252K	-40K	93K	-474K	143K	-35K	-42K	-67K	-59K
Minority Interest	0	0	0	0	0	0	0	0	0	0

LRN Cash Flow Statement

Stride, Inc. (LRN) cash flow — operating, investing & free cash flow history

Line item	Jun'17	Jun'18	Jun'19	Jun'20	Jun'21	Jun'22	Jun'23	Jun'24	Jun'25	TTM
Cash from Operations	88.73M	105.45M	141.61M	80.42M	134.15M	206.88M	203.15M	278.8M	432.82M	432.82M
Operating CF Margin %	9.99%	11.49%	13.94%	7.73%	8.73%	12.27%	11.06%	13.67%	17.99%	-
Operating CF Growth %	-27.14%	18.84%	34.29%	-43.21%	66.82%	54.22%	-1.8%	37.24%	55.24%	272.05%
Net Income	-459K	27.42M	37.21M	24.51M	71.45M	107.13M	126.87M	204.18M	287.94M	308.12M
Depreciation & Amortization	74.28M	75.26M	71.4M	72.09M	90.08M	97.91M	110.36M	109.68M	114.67M	122.98M
Stock-Based Compensation	22.6M	20.82M	16.68M	23.61M	39.33M	18.57M	20.32M	31.46M	36.79M	41.94M
Deferred Taxes	-7.07M	-4.01M	3.69M	-1.3M	2.55M	1.19M	-10.37M	2.89M	-17.78M	22.18M
Other Non-Cash Items	18.8M	8.91M	10.31M	22.46M	48.51M	47.01M	23.52M	39.58M	88.06M	61.47M
Working Capital Changes	-19.42M	-22.95M	2.32M	-60.95M	-117.77M	-64.92M	-67.54M	-109M	-76.87M	-141.41M
Change in Receivables	-27.75M	11.99M	-21.64M	-37.77M	-143.07M	-57.5M	-54.91M	-32.06M	-102.19M	-167.66M
Change in Inventory	-348K	0	-3.32M	-16.18M	-39.16M	4.8M	-19.39M	-8.88M	-6.24M	-2.6M
Change in Payables	5.32M	-2.34M	20.17M	-6.21M	18.93M	11K	-12M	-6.84M	310K	2.09M
Cash from Investing	-57.2M	-50.48M	-61.11M	-217.37M	-165.44M	-110.76M	-118.24M	-139.87M	-88M	-153.97M
Capital Expenditures	-2.17M	-8.74M	-5.48M	-1.68M	-3.57M	-9.75M	-5.75M	-2.27M	-1.78M	-1.02M
CapEx % of Revenue	0.24%	0.95%	0.54%	0.16%	0.23%	0.58%	0.31%	0.11%	0.07%	-
Acquisitions	-9.06M	-7.27M	0	-168M	-71.14M	-3.9M	-1.65M	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-45.96M	-34.46M	-55.63M	-47.69M	-50.2M	-57.88M	-62.21M	-64.52M	-78.91M	-143.14M
Cash from Financing	-14.64M	-52.72M	-28.99M	65.63M	204.58M	-93.31M	-63.5M	-49.12M	-62.94M	-178.41M
Debt Issued (Net)	-15.7M	-13.3M	-21.03M	72.33M	284.3M	-33.01M	-42.96M	-40.92M	-41.47M	-82.2M
Equity Issued (Net)	0	-27.48M	0	0	-20.11M	-37.85M	-13.54M	-8.2M	-21.47M	-89.44M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-6.19M	-27.48M	-9.96M	0	-9.23M	-37.85M	-13.54M	-8.2M	-21.47M	-797K
Other Financing	1.05M	-11.94M	-7.96M	-6.7M	-59.61M	-22.44M	-7M	0	0	-6.76M
Net Change in Cash	16.88M▲ 0%	2.25M▼ 86.7%	51.51M▲ 2190.3%	-71.32M▼ 238.5%	173.28M▲ 343.0%	2.82M▼ 98.4%	21.41M▲ 660.3%	89.81M▲ 319.5%	281.88M▲ 213.9%	82.91M▲ 0%
Free Cash Flow	40.5M▲ 0%	62.24M▲ 53.7%	93.2M▲ 49.7%	35.42M▼ 62.0%	81.89M▲ 131.2%	139.26M▲ 70.1%	136.6M▼ 1.9%	217.21M▲ 59.0%	372.81M▲ 71.6%	400.1M▲ 0%
FCF Margin %	4.56%	6.78%	9.18%	3.4%	5.33%	8.26%	7.43%	10.65%	15.5%	15.78%
FCF Growth %	-31.21%	53.67%	49.74%	-62%	131.2%	70.06%	-1.91%	59.01%	71.64%	63.4%
FCF per Share	1.03	1.53	2.28	0.87	1.96	3.28	3.20	4.99	7.70	7.70
FCF Conversion (FCF/Net Income)	196.74x	3.82x	3.81x	3.28x	1.88x	1.93x	1.60x	1.37x	1.50x	1.30x
Interest Paid	0	778K	0	0	0	6.64M	6.95M	7.52M	9.14M	0
Taxes Paid	0	12.21M	0	0	0	35.97M	37.13M	85.23M	67.9M	0

LRN Key Ratios

Stride, Inc. (LRN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	0.08%	4.76%	6.1%	3.75%	9.66%	13.25%	14.42%	19.23%	21.69%	19.89%
Return on Invested Capital (ROIC)	2.69%	5.13%	9.01%	4.54%	10.47%	12.54%	12%	16.39%	22.04%	22.04%
Gross Margin	37.28%	35.44%	34.69%	33.39%	34.81%	35.36%	35.22%	37.43%	39.24%	38.34%
Net Margin	0.05%	3.01%	3.66%	2.35%	4.65%	6.35%	6.9%	10.01%	11.97%	12.15%
Debt / Equity	0.04x	0.04x	0.04x	0.35x	0.58x	0.70x	0.57x	0.45x	0.37x	0.37x
Interest Coverage	-	-	-	-	6.30x	18.77x	21.53x	31.38x	37.48x	36.09x
FCF Conversion	196.74x	3.82x	3.81x	3.28x	1.88x	1.93x	1.60x	1.37x	1.50x	1.30x
Revenue Growth	1.81%	3.29%	10.68%	2.46%	47.66%	9.75%	8.93%	11.03%	17.9%	10.93%

LRN SEC Filings & Documents

Stride, Inc. (LRN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 28, 2026·SEC

Material company update

Jan 27, 2026·SEC

Material company update

Dec 10, 2025·SEC

10-K Annual Reports

FY 2025

Aug 6, 2025·SEC

FY 2024

Aug 7, 2024·SEC

FY 2023

Aug 16, 2023·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2026

Jan 28, 2026·SEC

FY 2025

Oct 29, 2025·SEC

LRN Frequently Asked Questions

Stride, Inc. (LRN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Stride, Inc. (LRN) reported $2.54B in revenue for fiscal year 2025. This represents a 2872% increase from $85.3M in 2005.

Stride, Inc. (LRN) grew revenue by 17.9% over the past year. This is strong growth.

Yes, Stride, Inc. (LRN) is profitable, generating $308.1M in net income for fiscal year 2025 (12.0% net margin).

Dividend & Returns

Stride, Inc. (LRN) has a return on equity (ROE) of 21.7%. This is excellent, indicating efficient use of shareholder capital.

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.

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