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Side-by-side financial comparison of FTI CONSULTING, INC (FCN) and Stride, Inc. (LRN). Click either name above to swap in a different company.

FTI CONSULTING, INC is the larger business by last-quarter revenue ($983.3M vs $629.9M, roughly 1.6× Stride, Inc.). Stride, Inc. runs the higher net margin — 14.1% vs 5.9%, a 8.2% gap on every dollar of revenue. On growth, FTI CONSULTING, INC posted the faster year-over-year revenue change (9.5% vs 2.7%). Over the past eight quarters, Stride, Inc.'s revenue compounded faster (6.9% CAGR vs 1.8%).

FTI Consulting is a business consultancy firm founded in 1982 and headquartered in Washington, D.C., United States. The company specializes in corporate finance and restructuring, economic consulting, forensic and litigation consulting, strategic communications, technology and strategy consulting. FTI Consulting employs more than 7,700 staff in 31 countries and is one of the largest financial consulting firms worldwide.

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.

FCN vs LRN — Head-to-Head

Bigger by revenue
FCN
FCN
1.6× larger
FCN
$983.3M
$629.9M
LRN
Growing faster (revenue YoY)
FCN
FCN
+6.8% gap
FCN
9.5%
2.7%
LRN
Higher net margin
LRN
LRN
8.2% more per $
LRN
14.1%
5.9%
FCN
Faster 2-yr revenue CAGR
LRN
LRN
Annualised
LRN
6.9%
1.8%
FCN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FCN
FCN
LRN
LRN
Revenue
$983.3M
$629.9M
Net Profit
$57.6M
$88.5M
Gross Margin
Operating Margin
8.5%
20.5%
Net Margin
5.9%
14.1%
Revenue YoY
9.5%
2.7%
Net Profit YoY
-6.8%
8.5%
EPS (diluted)
$1.90
$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
FCN
FCN
LRN
LRN
Q3 26
$629.9M
Q1 26
$983.3M
Q4 25
$990.7M
$631.3M
Q3 25
$956.2M
$620.9M
Q2 25
$943.7M
$653.6M
Q1 25
$898.3M
$613.4M
Q4 24
$894.9M
$587.2M
Q3 24
$926.0M
$551.1M
Net Profit
FCN
FCN
LRN
LRN
Q3 26
$88.5M
Q1 26
$57.6M
Q4 25
$54.5M
$99.5M
Q3 25
$82.8M
$68.8M
Q2 25
$71.7M
$51.3M
Q1 25
$61.8M
$99.3M
Q4 24
$49.7M
$96.4M
Q3 24
$66.5M
$40.9M
Gross Margin
FCN
FCN
LRN
LRN
Q3 26
Q1 26
Q4 25
31.1%
41.1%
Q3 25
33.3%
39.0%
Q2 25
32.1%
36.6%
Q1 25
32.2%
40.6%
Q4 24
30.2%
40.8%
Q3 24
32.2%
39.2%
Operating Margin
FCN
FCN
LRN
LRN
Q3 26
20.5%
Q1 26
8.5%
Q4 25
9.4%
23.3%
Q3 25
12.3%
11.1%
Q2 25
10.5%
8.7%
Q1 25
8.8%
21.3%
Q4 24
5.9%
21.3%
Q3 24
9.8%
8.6%
Net Margin
FCN
FCN
LRN
LRN
Q3 26
14.1%
Q1 26
5.9%
Q4 25
5.5%
15.8%
Q3 25
8.7%
11.1%
Q2 25
7.6%
7.9%
Q1 25
6.9%
16.2%
Q4 24
5.6%
16.4%
Q3 24
7.2%
7.4%
EPS (diluted)
FCN
FCN
LRN
LRN
Q3 26
$1.93
Q1 26
$1.90
Q4 25
$1.77
$2.12
Q3 25
$2.60
$1.40
Q2 25
$2.13
$0.96
Q1 25
$1.74
$2.02
Q4 24
$1.39
$2.03
Q3 24
$1.85
$0.94

Balance Sheet & Financial Strength

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

Metric
FCN
FCN
LRN
LRN
Cash + ST InvestmentsLiquidity on hand
$198.3M
$614.0M
Total DebtLower is stronger
$417.6M
Stockholders' EquityBook value
$1.6B
Total Assets
$3.5B
$2.4B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCN
FCN
LRN
LRN
Q3 26
$614.0M
Q1 26
$198.3M
Q4 25
$265.1M
$625.7M
Q3 25
$146.0M
$715.1M
Q2 25
$152.8M
$985.3M
Q1 25
$151.1M
$723.7M
Q4 24
$660.5M
$717.5M
Q3 24
$386.3M
$522.2M
Total Debt
FCN
FCN
LRN
LRN
Q3 26
$417.6M
Q1 26
Q4 25
$417.2M
Q3 25
$416.8M
Q2 25
$416.3M
Q1 25
$415.9M
Q4 24
$0
$415.5M
Q3 24
$415.1M
Stockholders' Equity
FCN
FCN
LRN
LRN
Q3 26
$1.6B
Q1 26
Q4 25
$1.7B
$1.5B
Q3 25
$1.7B
$1.5B
Q2 25
$1.9B
$1.5B
Q1 25
$2.1B
$1.4B
Q4 24
$2.3B
$1.3B
Q3 24
$2.3B
$1.2B
Total Assets
FCN
FCN
LRN
LRN
Q3 26
$2.4B
Q1 26
$3.5B
Q4 25
$3.5B
$2.3B
Q3 25
$3.5B
$2.3B
Q2 25
$3.5B
$2.3B
Q1 25
$3.3B
$2.2B
Q4 24
$3.6B
$2.1B
Q3 24
$3.5B
$2.0B
Debt / Equity
FCN
FCN
LRN
LRN
Q3 26
0.25×
Q1 26
Q4 25
0.27×
Q3 25
0.27×
Q2 25
0.28×
Q1 25
0.29×
Q4 24
0.00×
0.32×
Q3 24
0.34×

Cash Flow & Capital Efficiency

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

Metric
FCN
FCN
LRN
LRN
Operating Cash FlowLast quarter
$-310.0M
$117.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-5.38×
1.32×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCN
FCN
LRN
LRN
Q3 26
$117.0M
Q1 26
$-310.0M
Q4 25
$359.8M
$91.8M
Q3 25
$201.9M
$-195.8M
Q2 25
$55.7M
$298.3M
Q1 25
$-465.2M
$53.1M
Q4 24
$315.3M
$223.4M
Q3 24
$219.4M
$-142.0M
Free Cash Flow
FCN
FCN
LRN
LRN
Q3 26
Q1 26
Q4 25
$351.4M
$91.6M
Q3 25
$187.0M
$-196.1M
Q2 25
$38.3M
$297.9M
Q1 25
$-483.0M
$52.9M
Q4 24
$301.6M
$222.9M
Q3 24
$212.3M
$-142.7M
FCF Margin
FCN
FCN
LRN
LRN
Q3 26
Q1 26
Q4 25
35.5%
14.5%
Q3 25
19.6%
-31.6%
Q2 25
4.1%
45.6%
Q1 25
-53.8%
8.6%
Q4 24
33.7%
38.0%
Q3 24
22.9%
-25.9%
Capex Intensity
FCN
FCN
LRN
LRN
Q3 26
Q1 26
Q4 25
0.8%
0.0%
Q3 25
1.6%
0.0%
Q2 25
1.8%
0.1%
Q1 25
2.0%
0.0%
Q4 24
1.5%
0.1%
Q3 24
0.8%
0.1%
Cash Conversion
FCN
FCN
LRN
LRN
Q3 26
1.32×
Q1 26
-5.38×
Q4 25
6.60×
0.92×
Q3 25
2.44×
-2.85×
Q2 25
0.78×
5.81×
Q1 25
-7.52×
0.53×
Q4 24
6.34×
2.32×
Q3 24
3.30×
-3.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FCN
FCN

Segment breakdown not available.

LRN
LRN

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

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