Stride (LRN)
Provides online K–12 schooling and career-learning programs through an integrated education platform.
$78.68
vs last close−0.82 (−1.03%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 480 | 505 | 521 | 534 | 551 | 587 | 613 | 654 | 621 | 631 | 630 | 636 |
| Cost of revenue | 307 | 304 | 320 | 346 | 335 | 347 | 364 | 415 | 379 | 372 | 398 | 419 |
| Gross profit | 173 | 201 | 201 | 188 | 216 | 240 | 249 | 239 | 242 | 260 | 232 | 217 |
| 170 | 117 | 113 | 115 | 169 | 115 | 119 | 182 | 173 | 113 | 102 | 111 | |
| Selling, general & administrative | 170 | 117 | 113 | 115 | 169 | 115 | 119 | 123 | 173 | 113 | 102 | 111 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 | 0 | 0 | 0 | 0 |
| Operating income | 3 | 84 | 88 | 74 | 47 | 125 | 131 | 57 | 69 | 147 | 129 | 106 |
| 3 | 5 | 6 | 5 | 5 | 5 | 4 | 7 | 14 | −13 | −9 | −1 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24 |
| Interest expense | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Other non-operating income | −5 | −7 | −8 | −8 | −9 | −7 | −7 | −10 | −17 | 11 | 5 | −1 |
| Income before tax | 6 | 89 | 94 | 79 | 52 | 130 | 135 | 64 | 83 | 133 | 120 | 104 |
| Income tax expense | 2 | 22 | 25 | 16 | 11 | 33 | 35 | 13 | 14 | 34 | 32 | 23 |
| Net income from continuing operations | 5 | 67 | 70 | 63 | 41 | 96 | 99 | 51 | 69 | 99 | 89 | 81 |
| Net income | 5 | 67 | 70 | 63 | 41 | 96 | 99 | 51 | 69 | 99 | 89 | 81 |
| EPS, basic | $0.11 | $1.57 | $1.63 | $1.42 | $0.95 | $2.24 | $2.31 | $1.19 | $1.59 | $2.31 | $2.08 | $1.94 |
| EPS, diluted | $0.11 | $1.54 | $1.60 | $1.42 | $0.94 | $2.03 | $2.02 | $1.03 | $1.40 | $2.12 | $1.93 | $1.69 |
| Weighted average shares, basic | 43 | 43 | 43 | 44 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 |
| Weighted average shares, diluted | 43 | 43 | 44 | 44 | 44 | 47 | 49 | 50 | 49 | 47 | 48 | 47 |
| EBITDA | 37 | 117 | 123 | 109 | 84 | 160 | 167 | 97 | 115 | 167 | 156 | 141 |
| Depreciation & amortization | 28 | 26 | 27 | 28 | 28 | 27 | 29 | 30 | 29 | 31 | 33 | 34 |
| EBIT | 8 | 91 | 96 | 81 | 56 | 132 | 138 | 67 | 86 | 136 | 124 | 107 |
