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Stride

LRN

Stride, Inc. is a technology-driven education company that provides a comprehensive online learning platform for students of all ages across the United States.

Market cap
$3.32B-51.9%
Revenue$2.5B+4.7%
Net income$338.2M+17.5%
Free cash flow$433.2M+0.5%
EPS (diluted)$7.20+20.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$629.8M
EPS estimate$1.28

Financials

Q4 2026

Income statement

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Revenue$636.1M-2.7%
Gross profit$217.3M-9.1%
Operating income$105.9M+86.1%
Net income$81.4M+58.6%
EPS (diluted)$1.75+75.0%

Balance sheet

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Cash & equivalents$754.5M-3.6%
Total debt$606.5M+2.4%
Total equity$1.6B+10.3%
Total assets$2.4B+6.2%

Cash flow

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Operating cash flow$316.9M+6.2%
Free cash flow$316.9M+6.4%

Valuation & ratios

Valuation

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Market cap$3.32B-51.9%
Enterprise value$3.18B-49.4%
P/E9.8×-12.6×
P/S1.3×-1.4×

Profitability

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Gross margin37.8%-1.5pp
Operating margin17.9%+2.9pp
Net margin13.4%+1.5pp
FCF margin17.2%-0.7pp

Returns & leverage

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Return on equity21.7%0.0pp
Debt / equity0.4×0.0×
Current ratio5.9×+0.6×

Segments

By product

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General Education$355.8M-9.7%
Middle High School$267.1M+11.1%
Adult$13.1M-31.1%

Competitors

Profile

Stride, Inc. is a technology-driven education company that provides a comprehensive online learning platform for students of all ages across the United States. The company delivers a 'school-as-a-service' model that integrates curriculum, technology systems, and instructional support to facilitate personalized virtual and blended learning environments. Its core value proposition centers on providing high-quality, flexible educational alternatives to traditional brick-and-mortar schooling for K-12 students and career-focused training for adults.

Competitive position

A leading provider of proprietary digital curriculum and integrated virtual school management services in the U.S. K-12 market.

GeographiesUnited States, International
Customer segmentsK-12 Students, Public Charter Schools, School Districts, Adult Learners, Corporate Enterprises
Business modelSchool-as-a-Service, Subscription SaaS, Direct-to-Consumer (DTC), B2B Enterprise Training
SuppliersCloud infrastructure providers, Hardware manufacturers (laptops), Educational content creators, Third-party software developers
CustomersCharter school boards, State education agencies, Public school districts, Individual consumers, Corporate HR departments
Listed2007
Employees7.8K
CEOJames J. Rhyu
FilingsSEC EDGAR

FAQ

What is Stride's market cap?
Stride (LRN) has a market capitalization of $3.3B and trades on NYSE.
What is Stride's revenue and profitability?
Stride generated $2.5B in trailing twelve-month revenue with net income of $338.2M, representing a net margin of 13.4%. Gross margin stands at 37.8%, with free cash flow of $433.2M. These figures are based on the Q2 2026 filing.
Who are Stride's competitors?
Stride's key competitors include Coursera, Duolingo, McGraw Hill, Inc., and others. These companies compete in similar markets and product categories.
Who does Stride partner with?
Stride's notable partners include Amazon Web Services, Microsoft Azure.
What subsidiaries does Stride have?
Stride's subsidiaries include Galvanize, Tech Elevator, MedCerts.
Where is Stride headquartered?
Stride is headquartered in United States of America and employs approximately 7,800 people. It has been publicly traded since 2007.