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Side-by-side financial comparison of FNB CORP (FNB) 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 $366.0M, roughly 1.7× FNB CORP). FNB CORP runs the higher net margin — 45.9% vs 14.1%, a 31.8% gap on every dollar of revenue. On growth, FNB CORP posted the faster year-over-year revenue change (13.7% vs 2.7%). Over the past eight quarters, FNB CORP's revenue compounded faster (7.1% CAGR vs 6.9%).

FNB Corporation is a diversified financial services corporation based in Pittsburgh, Pennsylvania, and the holding company for its largest subsidiary, First National Bank. As of December 31, 2025, FNB has total assets of more than $50 billion. FNB's market coverage spans several major metropolitan areas, including Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad in North Carolina; and Charleston, South Carolina...

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.

FNB vs LRN — Head-to-Head

Bigger by revenue
LRN
LRN
1.7× larger
LRN
$629.9M
$366.0M
FNB
Growing faster (revenue YoY)
FNB
FNB
+11.0% gap
FNB
13.7%
2.7%
LRN
Higher net margin
FNB
FNB
31.8% more per $
FNB
45.9%
14.1%
LRN
Faster 2-yr revenue CAGR
FNB
FNB
Annualised
FNB
7.1%
6.9%
LRN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
FNB
FNB
LRN
LRN
Revenue
$366.0M
$629.9M
Net Profit
$168.0M
$88.5M
Gross Margin
Operating Margin
45.1%
20.5%
Net Margin
45.9%
14.1%
Revenue YoY
13.7%
2.7%
Net Profit YoY
52.7%
8.5%
EPS (diluted)
$0.47
$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
FNB
FNB
LRN
LRN
Q3 26
$629.9M
Q4 25
$366.0M
$631.3M
Q3 25
$359.0M
$620.9M
Q2 25
$348.0M
$653.6M
Q1 25
$323.0M
$613.4M
Q4 24
$322.0M
$587.2M
Q3 24
$323.0M
$551.1M
Q2 24
$316.0M
Net Profit
FNB
FNB
LRN
LRN
Q3 26
$88.5M
Q4 25
$168.0M
$99.5M
Q3 25
$150.0M
$68.8M
Q2 25
$130.0M
$51.3M
Q1 25
$117.0M
$99.3M
Q4 24
$110.0M
$96.4M
Q3 24
$110.0M
$40.9M
Q2 24
$123.0M
Gross Margin
FNB
FNB
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
FNB
FNB
LRN
LRN
Q3 26
20.5%
Q4 25
45.1%
23.3%
Q3 25
52.9%
11.1%
Q2 25
47.7%
8.7%
Q1 25
45.8%
21.3%
Q4 24
31.7%
21.3%
Q3 24
43.3%
8.6%
Q2 24
49.7%
Net Margin
FNB
FNB
LRN
LRN
Q3 26
14.1%
Q4 25
45.9%
15.8%
Q3 25
41.8%
11.1%
Q2 25
37.4%
7.9%
Q1 25
36.2%
16.2%
Q4 24
34.2%
16.4%
Q3 24
34.1%
7.4%
Q2 24
38.9%
EPS (diluted)
FNB
FNB
LRN
LRN
Q3 26
$1.93
Q4 25
$0.47
$2.12
Q3 25
$0.41
$1.40
Q2 25
$0.36
$0.96
Q1 25
$0.32
$2.02
Q4 24
$0.31
$2.03
Q3 24
$0.30
$0.94
Q2 24
$0.34

Balance Sheet & Financial Strength

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

Metric
FNB
FNB
LRN
LRN
Cash + ST InvestmentsLiquidity on hand
$2.5B
$614.0M
Total DebtLower is stronger
$1.9B
$417.6M
Stockholders' EquityBook value
$6.8B
$1.6B
Total Assets
$50.2B
$2.4B
Debt / EquityLower = less leverage
0.28×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FNB
FNB
LRN
LRN
Q3 26
$614.0M
Q4 25
$2.5B
$625.7M
Q3 25
$2.4B
$715.1M
Q2 25
$2.4B
$985.3M
Q1 25
$2.4B
$723.7M
Q4 24
$2.4B
$717.5M
Q3 24
$2.1B
$522.2M
Q2 24
$1.9B
Total Debt
FNB
FNB
LRN
LRN
Q3 26
$417.6M
Q4 25
$1.9B
$417.2M
Q3 25
$2.1B
$416.8M
Q2 25
$2.7B
$416.3M
Q1 25
$2.5B
$415.9M
Q4 24
$3.0B
$415.5M
Q3 24
$2.5B
$415.1M
Q2 24
$2.0B
Stockholders' Equity
FNB
FNB
LRN
LRN
Q3 26
$1.6B
Q4 25
$6.8B
$1.5B
Q3 25
$6.6B
$1.5B
Q2 25
$6.5B
$1.5B
Q1 25
$6.4B
$1.4B
Q4 24
$6.3B
$1.3B
Q3 24
$6.2B
$1.2B
Q2 24
$6.1B
Total Assets
FNB
FNB
LRN
LRN
Q3 26
$2.4B
Q4 25
$50.2B
$2.3B
Q3 25
$49.9B
$2.3B
Q2 25
$49.7B
$2.3B
Q1 25
$49.0B
$2.2B
Q4 24
$48.6B
$2.1B
Q3 24
$48.0B
$2.0B
Q2 24
$47.7B
Debt / Equity
FNB
FNB
LRN
LRN
Q3 26
0.25×
Q4 25
0.28×
0.27×
Q3 25
0.32×
0.27×
Q2 25
0.41×
0.28×
Q1 25
0.39×
0.29×
Q4 24
0.48×
0.32×
Q3 24
0.40×
0.34×
Q2 24
0.33×

Cash Flow & Capital Efficiency

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

Metric
FNB
FNB
LRN
LRN
Operating Cash FlowLast quarter
$128.0M
$117.0M
Free Cash FlowOCF − Capex
$99.0M
FCF MarginFCF / Revenue
27.0%
Capex IntensityCapex / Revenue
7.9%
Cash ConversionOCF / Net Profit
0.76×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$376.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FNB
FNB
LRN
LRN
Q3 26
$117.0M
Q4 25
$128.0M
$91.8M
Q3 25
$167.0M
$-195.8M
Q2 25
$123.0M
$298.3M
Q1 25
$64.0M
$53.1M
Q4 24
$326.0M
$223.4M
Q3 24
$-14.0M
$-142.0M
Q2 24
$85.0M
Free Cash Flow
FNB
FNB
LRN
LRN
Q3 26
Q4 25
$99.0M
$91.6M
Q3 25
$149.0M
$-196.1M
Q2 25
$85.0M
$297.9M
Q1 25
$43.0M
$52.9M
Q4 24
$278.0M
$222.9M
Q3 24
$-46.0M
$-142.7M
Q2 24
$55.0M
FCF Margin
FNB
FNB
LRN
LRN
Q3 26
Q4 25
27.0%
14.5%
Q3 25
41.5%
-31.6%
Q2 25
24.4%
45.6%
Q1 25
13.3%
8.6%
Q4 24
86.3%
38.0%
Q3 24
-14.2%
-25.9%
Q2 24
17.4%
Capex Intensity
FNB
FNB
LRN
LRN
Q3 26
Q4 25
7.9%
0.0%
Q3 25
5.0%
0.0%
Q2 25
10.9%
0.1%
Q1 25
6.5%
0.0%
Q4 24
14.9%
0.1%
Q3 24
9.9%
0.1%
Q2 24
9.5%
Cash Conversion
FNB
FNB
LRN
LRN
Q3 26
1.32×
Q4 25
0.76×
0.92×
Q3 25
1.11×
-2.85×
Q2 25
0.95×
5.81×
Q1 25
0.55×
0.53×
Q4 24
2.96×
2.32×
Q3 24
-0.13×
-3.47×
Q2 24
0.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FNB
FNB

Segment breakdown not available.

LRN
LRN

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

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