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Side-by-side financial comparison of DIVERSIFIED HEALTHCARE TRUST (DHC) and Stride, Inc. (LRN). Click either name above to swap in a different company.

Stride, Inc. is the larger business by last-quarter revenue ($629.9M vs $379.6M, roughly 1.7× DIVERSIFIED HEALTHCARE TRUST). Stride, Inc. runs the higher net margin — 14.1% vs -5.6%, a 19.6% gap on every dollar of revenue. On growth, Stride, Inc. posted the faster year-over-year revenue change (2.7% vs -0.0%). Over the past eight quarters, Stride, Inc.'s revenue compounded faster (6.9% CAGR vs 1.2%).

GE Healthcare Technologies, Inc. is an American health technology company based in Chicago, Illinois. The company, which stylizes its own name as GE HealthCare, operates four divisions: Medical imaging, which includes molecular imaging, computed tomography, magnetic resonance, women’s health screening and X-ray systems; Ultrasound; Patient Care Solutions, which is focused on remote patient monitoring, anesthesia and respiratory care, diagnostic cardiology, and infant care; and Pharmaceutical ...

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.

DHC vs LRN — Head-to-Head

Bigger by revenue
LRN
LRN
1.7× larger
LRN
$629.9M
$379.6M
DHC
Growing faster (revenue YoY)
LRN
LRN
+2.7% gap
LRN
2.7%
-0.0%
DHC
Higher net margin
LRN
LRN
19.6% more per $
LRN
14.1%
-5.6%
DHC
Faster 2-yr revenue CAGR
LRN
LRN
Annualised
LRN
6.9%
1.2%
DHC

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
DHC
DHC
LRN
LRN
Revenue
$379.6M
$629.9M
Net Profit
$-21.2M
$88.5M
Gross Margin
Operating Margin
-12.6%
20.5%
Net Margin
-5.6%
14.1%
Revenue YoY
-0.0%
2.7%
Net Profit YoY
75.7%
8.5%
EPS (diluted)
$-0.09
$1.93

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHC
DHC
LRN
LRN
Q3 26
$629.9M
Q4 25
$379.6M
$631.3M
Q3 25
$388.7M
$620.9M
Q2 25
$382.7M
$653.6M
Q1 25
$386.9M
$613.4M
Q4 24
$379.6M
$587.2M
Q3 24
$373.6M
$551.1M
Q2 24
$371.4M
Net Profit
DHC
DHC
LRN
LRN
Q3 26
$88.5M
Q4 25
$-21.2M
$99.5M
Q3 25
$-164.0M
$68.8M
Q2 25
$-91.6M
$51.3M
Q1 25
$-9.0M
$99.3M
Q4 24
$-87.4M
$96.4M
Q3 24
$-98.7M
$40.9M
Q2 24
$-97.9M
Gross Margin
DHC
DHC
LRN
LRN
Q3 26
Q4 25
41.1%
Q3 25
39.0%
Q2 25
36.6%
Q1 25
40.6%
Q4 24
40.8%
Q3 24
39.2%
Q2 24
Operating Margin
DHC
DHC
LRN
LRN
Q3 26
20.5%
Q4 25
-12.6%
23.3%
Q3 25
-43.4%
11.1%
Q2 25
-24.5%
8.7%
Q1 25
-2.7%
21.3%
Q4 24
-26.1%
21.3%
Q3 24
-26.5%
8.6%
Q2 24
-23.0%
Net Margin
DHC
DHC
LRN
LRN
Q3 26
14.1%
Q4 25
-5.6%
15.8%
Q3 25
-42.2%
11.1%
Q2 25
-23.9%
7.9%
Q1 25
-2.3%
16.2%
Q4 24
-23.0%
16.4%
Q3 24
-26.4%
7.4%
Q2 24
-26.3%
EPS (diluted)
DHC
DHC
LRN
LRN
Q3 26
$1.93
Q4 25
$-0.09
$2.12
Q3 25
$-0.68
$1.40
Q2 25
$-0.38
$0.96
Q1 25
$-0.04
$2.02
Q4 24
$-0.37
$2.03
Q3 24
$-0.41
$0.94
Q2 24
$-0.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHC
DHC
LRN
LRN
Cash + ST InvestmentsLiquidity on hand
$105.4M
$614.0M
Total DebtLower is stronger
$2.4B
$417.6M
Stockholders' EquityBook value
$1.7B
$1.6B
Total Assets
$4.4B
$2.4B
Debt / EquityLower = less leverage
1.47×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHC
DHC
LRN
LRN
Q3 26
$614.0M
Q4 25
$105.4M
$625.7M
Q3 25
$201.4M
$715.1M
Q2 25
$141.8M
$985.3M
Q1 25
$302.6M
$723.7M
Q4 24
$144.6M
$717.5M
Q3 24
$256.5M
$522.2M
Q2 24
$265.6M
Total Debt
DHC
DHC
LRN
LRN
Q3 26
$417.6M
Q4 25
$2.4B
$417.2M
Q3 25
$416.8M
Q2 25
$416.3M
Q1 25
$415.9M
Q4 24
$3.1B
$415.5M
Q3 24
$415.1M
Q2 24
Stockholders' Equity
DHC
DHC
LRN
LRN
Q3 26
$1.6B
Q4 25
$1.7B
$1.5B
Q3 25
$1.7B
$1.5B
Q2 25
$1.9B
$1.5B
Q1 25
$1.9B
$1.4B
Q4 24
$2.0B
$1.3B
Q3 24
$2.0B
$1.2B
Q2 24
$2.1B
Total Assets
DHC
DHC
LRN
LRN
Q3 26
$2.4B
Q4 25
$4.4B
$2.3B
Q3 25
$4.7B
$2.3B
Q2 25
$4.8B
$2.3B
Q1 25
$5.0B
$2.2B
Q4 24
$5.1B
$2.1B
Q3 24
$5.3B
$2.0B
Q2 24
$5.3B
Debt / Equity
DHC
DHC
LRN
LRN
Q3 26
0.25×
Q4 25
1.47×
0.27×
Q3 25
0.27×
Q2 25
0.28×
Q1 25
0.29×
Q4 24
1.56×
0.32×
Q3 24
0.34×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHC
DHC
LRN
LRN
Operating Cash FlowLast quarter
$-19.6M
$117.0M
Free Cash FlowOCF − Capex
$-166.4M
FCF MarginFCF / Revenue
-43.8%
Capex IntensityCapex / Revenue
38.7%
Cash ConversionOCF / Net Profit
1.32×
TTM Free Cash FlowTrailing 4 quarters
$-280.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHC
DHC
LRN
LRN
Q3 26
$117.0M
Q4 25
$-19.6M
$91.8M
Q3 25
$-49.3M
$-195.8M
Q2 25
$53.0M
$298.3M
Q1 25
$-3.2M
$53.1M
Q4 24
$112.2M
$223.4M
Q3 24
$21.1M
$-142.0M
Q2 24
$44.3M
Free Cash Flow
DHC
DHC
LRN
LRN
Q3 26
Q4 25
$-166.4M
$91.6M
Q3 25
$-89.8M
$-196.1M
Q2 25
$18.8M
$297.9M
Q1 25
$-42.9M
$52.9M
Q4 24
$-89.5M
$222.9M
Q3 24
$-26.1M
$-142.7M
Q2 24
$3.3M
FCF Margin
DHC
DHC
LRN
LRN
Q3 26
Q4 25
-43.8%
14.5%
Q3 25
-23.1%
-31.6%
Q2 25
4.9%
45.6%
Q1 25
-11.1%
8.6%
Q4 24
-23.6%
38.0%
Q3 24
-7.0%
-25.9%
Q2 24
0.9%
Capex Intensity
DHC
DHC
LRN
LRN
Q3 26
Q4 25
38.7%
0.0%
Q3 25
10.4%
0.0%
Q2 25
8.9%
0.1%
Q1 25
10.2%
0.0%
Q4 24
53.1%
0.1%
Q3 24
12.6%
0.1%
Q2 24
11.0%
Cash Conversion
DHC
DHC
LRN
LRN
Q3 26
1.32×
Q4 25
0.92×
Q3 25
-2.85×
Q2 25
5.81×
Q1 25
0.53×
Q4 24
2.32×
Q3 24
-3.47×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DHC
DHC

Senior Housing Operating Portfolio Segment$323.4M85%
Rental Income$56.2M15%

LRN
LRN

General Education$357.5M57%
Middle - High School$259.5M41%
Adult$12.9M2%

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