Stride, Inc.LRNEarnings & Financial Report
Stride, Inc. is a for-profit education company that provides online and blended education programs. Stride, Inc. is an education management organization (EMO) that provides online education designed as an alternative to traditional "brick and mortar" education for public school students from kindergarten to 12th grade, as well as career learning programs. As of 2012, publicly traded Stride, Inc. was the largest EMO in terms of enrollment.
LRN Q2 2026 Key Financial Metrics
Revenue
$631.3M
Gross Profit
$259.6M
Operating Profit
$146.9M
Net Profit
$99.5M
Gross Margin
41.1%
Operating Margin
23.3%
Net Margin
15.8%
YoY Growth
7.5%
EPS
$2.12
Financial Flow
Stride, Inc. Q2 2026 Financial Summary
Stride, Inc. reported revenue of $631.3M for Q2 2026, with a net profit of $99.5M (15.8% margin). Cost of goods sold was $371.6M, operating expenses totaled $112.8M.
Key Financial Metrics
| Total Revenue | $631.3M |
|---|---|
| Net Profit | $99.5M |
| Gross Margin | 41.1% |
| Operating Margin | 23.3% |
| Report Period | Q2 2026 |
Stride, Inc. Annual Revenue by Year
Stride, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.4B |
| 2024 | $2.0B |
| 2023 | $1.8B |
| 2022 | $1.7B |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $520.8M | $534.2M | $551.1M | $587.2M | $613.4M | $653.6M | $620.9M | $631.3M |
| YoY Growth | 10.7% | 10.5% | 14.8% | 16.3% | 17.8% | 22.4% | 12.7% | 7.5% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.89B | $1.92B | $1.97B | $2.07B | $2.21B | $2.29B | $2.33B | $2.31B |
| Liabilities | $789.0M | $744.4M | $757.6M | $752.7M | $790.6M | $814.3M | $805.7M | $758.7M |
| Equity | $1.10B | $1.18B | $1.21B | $1.32B | $1.42B | $1.48B | $1.53B | $1.55B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $68.6M | $172.2M | $-142.0M | $223.4M | $53.1M | $298.3M | $-195.8M | $91.8M |
