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Stride LRN Impairment Charges

Impairment Charges at other companies

Scholastic logo
ScholasticSCHL
$1.5M-40.0%
PXE
Phoenix Education PartnersPXED
$89K+207%
Chegg logo
CheggCHGG
$0

Other financials

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%
CapEx$535.0K+172%
Free cash flow$316.9M+6.4%

Valuation

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Market cap$3.43B-47.7%
Enterprise value$3.28B-48.5%
P/E10.1×-12.7×
P/S1.4×-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×

Where this comes from

Reported directly by Stride in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Stride’s 10-K, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0001104659-26-090515
Line itemYears Ended June 30, 2026Years Ended June 30, 2025Years Ended June 30, 2024
Instructional costs and services1,567,4811,461,3981,276,466
Gross margin950,600943,919763,603
Selling, general, and administrative expenses499,833524,347514,003
Impairment of long-lived assets59,478
Income from operations450,767360,094249,600
Interest expense, net(11,778)(10,504)(8,812)
Other income, net2,17333,62926,900
Income before income taxes and income (loss) from equity method investments441,162383,219267,688

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Stride's impairment charges?
Stride (LRN) reported impairment charges of $14.87M in Q2 2025.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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