LRN
Stride Inc
NYSE: LRN · CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES
$95.16
+2.79% today
Updated 2026-04-29
Market cap
$4.05B
P/E ratio
14.89
P/S ratio
1.61x
EPS (TTM)
$6.39
Dividend yield
—
52W range
$61 – $171
Volume
0.8M
Stride Inc (LRN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $116.90M | $140.56M | $226.24M | $315.57M | $384.47M | $522.43M | $708.41M | $848.22M | $919.55M | $948.29M | $872.70M | $888.52M | $917.73M | $1.02B | $1.04B | $1.54B | $1.69B | $1.84B | $2.04B | $2.41B |
| Revenue growth (YoY) | — | +20.2% | +61.0% | +39.5% | +21.8% | +35.9% | +35.6% | +19.7% | +8.4% | +3.1% | -8.0% | +1.8% | +3.3% | +10.7% | +2.5% | +47.7% | +9.8% | +8.9% | +11.0% | +17.9% |
| Cost of revenue | $64.83M | $76.06M | $131.28M | $196.98M | $222.03M | $307.11M | $417.00M | $498.40M | $569.22M | $607.76M | $546.51M | $557.32M | $592.50M | $663.44M | $693.23M | $1.00B | $1.09B | $1.19B | $1.28B | $1.46B |
| Gross profit | $52.07M | $64.49M | $94.95M | $118.60M | $162.44M | $215.32M | $299.85M | $349.82M | $350.33M | $340.54M | $326.19M | $331.20M | $325.24M | $352.31M | $347.53M | $534.90M | $596.48M | $647.07M | $763.60M | $943.92M |
| Gross margin | 44.5% | 45.9% | 42.0% | 37.6% | 42.3% | 41.2% | 42.3% | 41.2% | 38.1% | 35.9% | 37.4% | 37.3% | 35.4% | 34.7% | 33.4% | 34.8% | 35.4% | 35.2% | 37.4% | 39.2% |
| R&D | $8.57M | $8.61M | $9.55M | $9.57M | $9.58M | $16.35M | $25.59M | $21.08M | $14.22M | $14.38M | $10.07M | $12.46M | $9.25M | $9.48M | $9.70M | $3.70M | $7.50M | $15.50M | $76.70M | $79.20M |
| SG&A | $49.13M | $57.87M | $72.39M | $86.68M | $117.40M | $174.76M | $236.84M | $283.03M | $256.56M | $273.23M | $263.00M | $263.92M | $223.69M | $230.03M | $246.48M | $338.34M | $439.85M | $384.77M | $376.20M | $381.95M |
| Operating income | $1.85M | $4.72M | $13.01M | $22.34M | $35.47M | $24.21M | $28.98M | $45.71M | $22.86M | $18.43M | $13.91M | $13.13M | $25.55M | $45.49M | $32.46M | $110.46M | $156.63M | $165.50M | $249.60M | $360.09M |
| Operating margin | 1.6% | 3.4% | 5.8% | 7.1% | 9.2% | 4.6% | 4.1% | 5.4% | 2.5% | 1.9% | 1.6% | 1.5% | 2.8% | 4.5% | 3.1% | 7.2% | 9.3% | 9.0% | 12.2% | 15.0% |
| EBITDA | $6.83M | $12.13M | $25.58M | $43.17M | $61.23M | $67.15M | $87.01M | $111.44M | $115.53M | $98.71M | $82.14M | $87.41M | $100.81M | $116.89M | $104.55M | $203.36M | $254.54M | $291.31M | $386.18M | $508.39M |
| EBITDA margin | 5.8% | 8.6% | 11.3% | 13.7% | 15.9% | 12.9% | 12.3% | 13.1% | 12.6% | 10.4% | 9.4% | 9.8% | 11.0% | 11.5% | 10.0% | 13.2% | 15.1% | 15.9% | 18.9% | 21.1% |
| EBIT | $1.85M | $4.72M | $13.01M | $22.34M | $35.47M | $24.21M | $28.98M | $45.71M | $29.26M | $18.43M | $13.91M | $13.13M | $25.55M | $45.49M | $32.46M | $113.28M | $156.63M | $180.95M | $276.50M | $393.72M |
| Interest expense | $488000.00 | $0.00 | $295000.00 | $982000.00 | $1.33M | $1.21M | $989000.00 | $1.15M | $69000.00 | $91000.00 | $617000.00 | $1.81M | $965000.00 | $2.24M | $590000.00 | $17.98M | $8.28M | $8.40M | $8.81M | $10.50M |
| Income tax | — | $218000.00 | $-21.06M | $9.63M | $13.25M | $11.34M | $11.88M | $20.02M | $11.07M | $5.81M | $4.75M | $5.40M | $-910000.00 | $10.52M | $8.54M | $24.54M | $39.94M | $45.35M | $64.48M | $93.01M |
| Effective tax rate | 0.0% | 5.3% | -165.6% | 43.9% | 38.1% | 47.0% | 40.4% | 41.6% | 36.1% | 34.6% | 34.4% | 92.3% | -3.4% | 22.0% | 25.8% | 25.6% | 27.2% | 26.3% | 24.0% | 24.4% |
| Net income | $1.36M | $3.87M | $33.77M | $12.31M | $21.52M | $12.79M | $17.54M | $28.11M | $19.60M | $10.99M | $9.04M | $451000.00 | $27.62M | $37.21M | $24.51M | $71.45M | $107.13M | $126.87M | $204.18M | $287.94M |
| Net income growth (YoY) | — | +184.6% | +773.8% | -63.5% | +74.8% | -40.6% | +37.1% | +60.2% | -30.3% | -43.9% | -17.8% | -95.0% | +6024.2% | +34.7% | -34.1% | +191.6% | +49.9% | +18.4% | +60.9% | +41.0% |
| Profit margin | 1.2% | 2.7% | 14.9% | 3.9% | 5.6% | 2.4% | 2.5% | 3.3% | 2.1% | 1.2% | 1.0% | 0.1% | 3.0% | 3.7% | 2.4% | 4.6% | 6.4% | 6.9% | 10.0% | 12.0% |