What are Stride's profit margins?

Stride (LRN) runs a 38.3% gross margin and a 15.8% operating margin, with a 12.2% net margin.

Where do Stride's ratios come from?

Every ratio is computed from Stride's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Stride LRN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q3 '26	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Profitability
Gross margin	38.3%-1.0pp	39.3%+0.1pp	39.2%0.0pp	39.2%+0.2pp	39.1%+0.5pp
Operating margin	15.8%-0.2pp	16%+0.6pp	15.4%+0.5pp	15%-1.5pp	16.5%+1.2pp
Net margin	12.2%-0.5pp	12.7%-0.1pp	12.8%+0.8pp	12%-1.1pp	13.1%+0.8pp
Returns
Return on equity	20.1%-2.1pp	22.3%-0.8pp	23%+1.4pp	21.7%-2.1pp	23.8%+0.8pp
Return on invested capital	19.7%-0.4pp	20.1%+1.6pp	18.6%-3.0pp	21.6%+1.1pp	20.5%+1.4pp
Efficiency
Asset turnover	1.1×-0.1×	1.2×0.0×	1.1×0.0×	1.1×0.0×	1.1×0.0×
Liquidity
Current ratio	6.2×-1.1×	7.3×+0.5×	6.8×+1.4×	5.4×-0.2×	5.6×-0.4×
Leverage
Debt-to-equity	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Net debt / EBITDA	-0×-0.2×	0.2×0.0×	0.3×+0.7×	-0.4×-0.6×	0.2×0.0×
Per Share
Book value per share	$35.82+8.5%	$33.03+6.4%	$31.03+1.5%	$30.56+6.0%	$28.82+3.8%
Valuation
Market capitalization	$3.75B+31.8%	$2.85B-56.2%	$6.5B+3.3%	$6.29B+14.2%	$5.51B+21.6%
Price / earnings	12.2×+3.3×	8.9×-11.6×	20.6×-1.3×	21.8×+3.5×	18.4×+1.6×
Price / sales	1.5×+0.4×	1.1×-1.5×	2.6×0.0×	2.6×+0.2×	2.4×+0.3×
Price / book	2.3×+0.4×	1.8×-2.4×	4.3×0.0×	4.3×+0.4×	3.9×+0.4×
EV / EBITDA	7.1×+1.5×	5.7×-7.6×	13.3×+0.5×	12.9×+1.4×	11.4×+1.0×

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Questions, answered.

What are Stride's profit margins?: Stride (LRN) runs a 38.3% gross margin and a 15.8% operating margin, with a 12.2% net margin.
Where do Stride's ratios come from?: Every ratio is computed from Stride's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.