Stride, Inc. LRN

Industrials SIC 8200 - Services-Educational Services NAICS Educational Services derived NYSE

We are a technology company providing an educational platform to deliver online learning to students throughout the U.S. Our platform hosts products and services to attract, enroll, educate, track progress, and support students. These products and services, spanning curriculum, systems, instruction, and support services, are designed to help learners of all ages reach their full potential through inspired teaching and personalized learning. Our clients are primarily public and

private schools, school districts, and charter boards. Additionally, we provide solutions to employers, government agencies and consumers.

We provide a wide range of products and services across our platform with the ability to deliver customized solutions. Our comprehensive school-as-a-service offering supports our clients in operating full-time virtual schools in the K-12 market. Together with our network of online schools, Stride has served millions of students with our products and services.

Last close 79.40 2026-10-23
Market cap $3.30B 2026-06-30 share count
52-week range 60.61 - 155.06

Valuation FY2026 figures against the last close

P/S1.3x
P/E11.1x
P/FCF7.6x
EV/EBITDA4.8x
Dividend yield—
Diluted EPS7.14

Annual financial statements

Income statement

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue $2.52B$2.41B$2.04B$1.84B$1.69B$1.54B$1.04B$1.02B$917.7M$888.5M
Cost of revenue $1.57B$1.46B$1.28B$1.19B$1.09B$1.00B$693.2M$663.4M$592.5M$557.3M
Gross profit $950.6M$943.9M$763.6M$647.1M$596.5M$534.9M$347.5M$352.3M$325.2M$331.2M
R&D $22.0M$16.6M$16.7M$15.5M$7.5M$3.7M$9.7M$9.5M$9.2M$12.5M
SG&A $499.8M$524.3M$514.0M$481.6M$439.8M$424.4M$315.1M$306.8M$299.7M$305.6M
Total operating expenses ———————$970.3M$892.2M$875.4M
Operating income $450.8M$360.1M$249.6M$165.5M$156.6M$110.5M$32.5M$45.5M$25.5M$13.1M
Interest expense ————————$965.0K$1.8M
Pre-tax income $441.0M$380.9M$268.7M$172.2M$147.2M$96.0M$33.4M$48.4M$26.5M$4.9M
Income tax $102.8M$93.0M$64.5M$45.3M$40.1M$24.5M$8.5M$10.5M$910.0K$5.4M
Net income $338.2M$287.9M$204.2M$126.9M$107.1M$71.5M$24.5M$37.2M$27.6M$451.0K
EPS, basic 7.926.694.793.002.581.780.620.960.700.01
EPS, diluted 7.145.954.692.972.521.710.600.910.680.01
Shares, diluted (wtd. avg.) 47.3M48.4M43.5M42.7M42.4M41.9M40.7M40.9M40.6M39.5M

Balance sheet

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash and equivalents $754.5M$782.5M$500.6M$410.8M$389.4M$386.6M$213.3M$284.6M$233.1M$230.9M
Short-term investments $203.5M$202.8M$191.7M$111.9M——————
Receivables $664.8M$559.6M$472.8M$463.7M$418.6M$369.3M$236.1M$191.6M$176.3M$192.2M
Inventory $38.2M$37.6M$36.7M$36.7M$36.0M$39.7M$28.3M$29.9M$25.9M$30.5M
Total current assets $1.72B$1.63B$1.25B$1.07B$950.5M$857.5M$501.3M$529.7M$454.0M$473.6M
Property, plant and equipment $102.0M$78.6M$50.9M$52.3M$61.5M$72.1M$38.7M$32.0M$28.9M$26.3M
Goodwill $246.7M$246.7M$246.7M$246.7M$241.0M$240.4M$174.9M$90.2M$90.2M$87.2M
Other intangibles $10.9M$18.2M$60.3M$74.8M$88.7M$99.5M$77.5M$15.0M$18.0M$20.2M
Total assets $2.44B$2.29B$1.92B$1.76B$1.64B$1.58B$1.07B$819.6M$742.0M$735.3M
Accounts payable $46.7M$44.0M$41.0M$48.9M$62.0M$62.1M$40.4M$50.5M$29.4M$30.1M
Total current liabilities $288.9M$302.9M$244.3M$309.1M$302.1M$306.2M$273.4M$155.6M$116.2M$117.8M
Long-term debt $418.0M$416.3M$414.7M$413.0M$411.4M$299.3M————
Total liabilities $803.2M$814.3M$744.4M$813.4M$831.0M$772.6M$397.9M$186.2M$154.8M$160.2M
Retained earnings $1.18B$846.5M$558.5M$354.3M$227.5M$112.2M$47.0M$22.4M-$13.4M-$41.0M
Total equity $1.63B$1.48B$1.18B$947.3M$812.6M$804.6M$675.3M$633.4M$587.2M$574.3M

Cash flow

Fiscal year FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Operating cash flow $433.8M$432.8M$278.8M$203.2M$206.9M$134.2M$80.4M$141.6M$105.4M$88.7M
Depreciation and amortisation $126.6M$114.7M$109.7M$110.4M$97.9M$90.1M$72.1M$71.4M$75.3M$74.3M
Stock-based compensation $40.3M$36.8M$31.5M$20.3M$18.6M$39.3M$23.6M$16.7M$20.8M$22.6M
Capital expenditure $587.0K$1.8M$2.3M$4.3M$9.7M$3.6M$1.7M$5.5M$8.7M$2.2M
Investing cash flow -$179.8M-$88.0M-$139.9M-$118.2M-$110.8M-$165.4M-$217.4M-$61.1M-$50.5M-$57.2M
Financing cash flow -$282.0M-$62.9M-$49.1M-$63.5M-$93.3M$204.6M$65.6M-$29.0M-$52.7M-$14.6M
Buybacks $188.7M———————$27.5M$27.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-090515.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B Revenue, FY2017: 888.5M Gross profit, FY2017: 331.2M Net income, FY2017: 451K Revenue, FY2018: 917.7M Gross profit, FY2018: 325.2M Net income, FY2018: 27.6M Revenue, FY2019: 1B Gross profit, FY2019: 352.3M Net income, FY2019: 37.2M Revenue, FY2020: 1B Gross profit, FY2020: 347.5M Net income, FY2020: 24.5M Revenue, FY2021: 1.5B Gross profit, FY2021: 534.9M Net income, FY2021: 71.5M Revenue, FY2022: 1.7B Gross profit, FY2022: 596.5M Net income, FY2022: 107.1M Revenue, FY2023: 1.8B Gross profit, FY2023: 647.1M Net income, FY2023: 126.9M Revenue, FY2024: 2B Gross profit, FY2024: 763.6M Net income, FY2024: 204.2M Revenue, FY2025: 2.4B Gross profit, FY2025: 943.9M Net income, FY2025: 287.9M Revenue, FY2026: 2.5B Gross profit, FY2026: 950.6M Net income, FY2026: 338.2M FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026
Fiscal year FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue $888.5M $917.7M $1.02B $1.04B $1.54B $1.69B $1.84B $2.04B $2.41B $2.52B
Gross profit $331.2M $325.2M $352.3M $347.5M $534.9M $596.5M $647.1M $763.6M $943.9M $950.6M
Net income $451.0K $27.6M $37.2M $24.5M $71.5M $107.1M $126.9M $204.2M $287.9M $338.2M

Recent filings and events

  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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