Stride, Inc. (LRN) Financial Statements
Industry: Educational Services (Services)
In fiscal 2026, Stride reported revenue of $2.52B, up 4.7% from $2.41B the year before. Net income was $338.2M (a 13.4% net margin), or $7.14 per diluted share. Gross margin was 37.8% and operating margin was 17.9%. Operating activities generated $433.8M of cash, leaving $433.2M of free cash flow. At fiscal year end, Stride held $2.44B in total assets against $803.2M in total liabilities, including $754.5M of cash and equivalents.
Open the full interactive Stride financials → Quarterly statements, key ratios, valuation history and price charts.
Stride Key Stats
| Share Price | $83.00 |
|---|---|
| Market Cap | $3.93B |
| P/E Ratio | 11.6 |
| Revenue YoY Growth | +4.7% |
| 52-Week Range | $61.02 – $153.53 |
| Shares Outstanding | 42.7 million (basic, 2026 Q4) |
Stride Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $1.54B | $1.69B | $1.84B | $2.04B | $2.41B | $2.52B |
| Cost of Goods Sold | $1.00B | $1.09B | $1.19B | $1.28B | $1.46B | $1.57B |
| Gross Profit | $534.9M | $596.5M | $647.1M | $763.6M | $943.9M | $950.6M |
| Operating Income | $110.5M | $156.6M | $165.5M | $249.6M | $360.1M | $450.8M |
| Pre-Tax Income | $96.0M | $147.2M | $172.2M | $268.7M | $380.9M | $441.0M |
| Income Tax | $24.5M | $40.1M | $45.3M | $64.5M | $93.0M | $102.8M |
| Net Income | $71.5M | $107.1M | $126.9M | $204.2M | $287.9M | $338.2M |
| Diluted EPS | $1.71 | $2.52 | $2.97 | $4.69 | $5.95 | $7.14 |
Stride Quarterly Results
| 2026 Q1 | 2026 Q2 | 2026 Q3 | 2026 Q4 | |
|---|---|---|---|---|
| Revenue | $620.9M | $631.3M | $629.9M | $636.1M |
| Net Income | $68.8M | $99.5M | $88.5M | $81.4M |
| Diluted EPS | $1.40 | $2.12 | $1.93 | $1.72 |
Stride Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $386.1M | $389.4M | $410.8M | $500.6M | $782.5M | $754.5M |
| Current Assets | $857.5M | $950.5M | $1.07B | $1.25B | $1.63B | $1.72B |
| Total Assets | $1.58B | $1.64B | $1.76B | $1.92B | $2.29B | $2.44B |
| Current Liabilities | $306.2M | $302.1M | $309.1M | $244.3M | $302.9M | $288.9M |
| Total Long-Term Debt | $299.3M | $411.4M | $413.0M | $414.7M | $416.3M | $418.0M |
| Total Liabilities | $772.6M | $831.0M | $813.4M | $744.4M | $814.3M | $803.2M |
| Shareholders' Equity | $804.6M | $812.6M | $947.3M | $1.18B | $1.48B | $1.63B |
Stride Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $134.2M | $206.9M | $203.2M | $278.8M | $432.8M | $433.8M |
| Cash From Investing | -$165.4M | -$110.8M | -$118.2M | -$139.9M | -$88.0M | -$179.8M |
| Cash From Financing | $204.6M | -$93.3M | -$63.5M | -$49.1M | -$62.9M | -$282.0M |
| Free Cash Flow | $130.6M | $197.1M | $198.8M | $276.5M | $431.0M | $433.2M |
Figures from Stride's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Stride financials page for every line item.
Stride Company Profile
| Ticker | LRN |
|---|---|
| Exchange | NYSE |
| Industry | Educational Services (Services) |
| Headquarters | Reston, Virginia |
| Incorporated in | Delaware |
| Fiscal Year End | June 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001157408 |
Frequently Asked Questions
What was Stride's revenue in fiscal 2026?
Stride (LRN) reported revenue of $2.52B for fiscal 2026.
What is Stride's annual revenue history?
Stride's annual revenue by fiscal year: 2021: $1.54B; 2022: $1.69B; 2023: $1.84B; 2024: $2.04B; 2025: $2.41B; 2026: $2.52B.
What was Stride's net income in fiscal 2026?
Stride reported net income of $338.2M for fiscal 2026.
What was Stride's earnings per share (EPS) in fiscal 2026?
Stride's diluted EPS was $7.14 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Stride generate in fiscal 2026?
Stride generated $433.2M of free cash flow in fiscal 2026.
What was Stride's revenue last quarter?
In its most recent reported quarter (2026 Q4), Stride reported revenue of $636.1M.
How much debt does Stride have?
Stride reported $418.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Stride are outstanding?
Stride reported a weighted average of 42.7 million basic shares outstanding in 2026 Q4.
What is Stride's market cap?
Based on its latest closing price, Stride (LRN) has a market capitalization of about $3.93B.
When does Stride's fiscal year end?
Stride's fiscal year end, as registered with the SEC, is June 30.
Where is Stride headquartered?
Stride lists its business address in Reston, Virginia in its SEC filings.