Stride Inc (LRN) financials
Stride revenue and earnings by year
Stride's revenue was $2.52 billion in the fiscal year to June 30, 2026, up 4.7% from the year before. Net income was $338 million, 13.4% of revenue. Since the fiscal year to June 30, 2017, revenue has grown 12.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.52 | 2.41 | 2.04 | 1.84 | 1.69 | 1.54 | 1.04 | 1.02 | 0.92 | 0.89 |
| Revenue growth | 4.7% | 17.9% | 11.0% | 8.9% | 9.8% | 47.7% | 2.5% | 10.7% | 3.3% | — |
| Gross profit | 0.95 | 0.94 | 0.76 | 0.65 | 0.60 | 0.53 | 0.35 | 0.35 | 0.33 | 0.33 |
| Gross margin | 37.8% | 39.2% | 37.4% | 35.2% | 35.4% | 34.8% | 33.4% | 34.7% | 35.4% | 37.3% |
| Operating income | 0.45 | 0.36 | 0.25 | 0.17 | 0.16 | 0.11 | 0.03 | 0.05 | 0.03 | 0.01 |
| Operating margin | 17.9% | 15.0% | 12.2% | 9.0% | 9.3% | 7.2% | 3.1% | 4.5% | 2.8% | 1.5% |
| Net income | 0.34 | 0.29 | 0.20 | 0.13 | 0.11 | 0.07 | 0.02 | 0.04 | 0.03 | 0.00 |
| Net margin | 13.4% | 12.0% | 10.0% | 6.9% | 6.4% | 4.6% | 2.4% | 3.7% | 3.0% | 0.1% |
| Diluted EPS | $7.14 | $5.95 | $4.69 | $2.97 | $2.52 | $1.71 | $0.61 | $0.89 | $0.67 | — |
| Free cash flow | 0.35 | 0.37 | 0.22 | 0.14 | 0.14 | 0.08 | 0.04 | 0.09 | 0.06 | 0.04 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open LRN in Markets.
How Stride makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| General Education | $357M | 55.8% |
| Middle High School | $272M | 42.6% |
| Adult | $10.7M | 1.7% |
See also: LRN valuation and P/E history · LRN returns
No forecast, no recommendation. This page describes Stride Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.