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Side-by-side financial comparison of HECLA MINING CO (HL) 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 $448.1M, roughly 1.4× HECLA MINING CO). HECLA MINING CO runs the higher net margin — 30.0% vs 14.1%, a 15.9% gap on every dollar of revenue. On growth, HECLA MINING CO posted the faster year-over-year revenue change (79.5% vs 2.7%). Over the past eight quarters, HECLA MINING CO's revenue compounded faster (53.8% CAGR vs 6.9%).

Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.

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.

HL vs LRN — Head-to-Head

Bigger by revenue
LRN
LRN
1.4× larger
LRN
$629.9M
$448.1M
HL
Growing faster (revenue YoY)
HL
HL
+76.8% gap
HL
79.5%
2.7%
LRN
Higher net margin
HL
HL
15.9% more per $
HL
30.0%
14.1%
LRN
Faster 2-yr revenue CAGR
HL
HL
Annualised
HL
53.8%
6.9%
LRN

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HL
HL
LRN
LRN
Revenue
$448.1M
$629.9M
Net Profit
$134.4M
$88.5M
Gross Margin
55.4%
Operating Margin
49.1%
20.5%
Net Margin
30.0%
14.1%
Revenue YoY
79.5%
2.7%
Net Profit YoY
1027.2%
8.5%
EPS (diluted)
$0.20
$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
HL
HL
LRN
LRN
Q3 26
$629.9M
Q4 25
$448.1M
$631.3M
Q3 25
$409.5M
$620.9M
Q2 25
$304.0M
$653.6M
Q1 25
$261.3M
$613.4M
Q4 24
$249.7M
$587.2M
Q3 24
$245.1M
$551.1M
Q2 24
$245.7M
Net Profit
HL
HL
LRN
LRN
Q3 26
$88.5M
Q4 25
$134.4M
$99.5M
Q3 25
$100.7M
$68.8M
Q2 25
$57.7M
$51.3M
Q1 25
$28.9M
$99.3M
Q4 24
$11.9M
$96.4M
Q3 24
$1.8M
$40.9M
Q2 24
$27.9M
Gross Margin
HL
HL
LRN
LRN
Q3 26
Q4 25
55.4%
41.1%
Q3 25
44.1%
39.0%
Q2 25
39.3%
36.6%
Q1 25
28.3%
40.6%
Q4 24
27.4%
40.8%
Q3 24
24.2%
39.2%
Q2 24
20.9%
Operating Margin
HL
HL
LRN
LRN
Q3 26
20.5%
Q4 25
49.1%
23.3%
Q3 25
36.3%
11.1%
Q2 25
30.8%
8.7%
Q1 25
20.0%
21.3%
Q4 24
15.3%
21.3%
Q3 24
9.2%
8.6%
Q2 24
16.5%
Net Margin
HL
HL
LRN
LRN
Q3 26
14.1%
Q4 25
30.0%
15.8%
Q3 25
24.6%
11.1%
Q2 25
19.0%
7.9%
Q1 25
11.0%
16.2%
Q4 24
4.8%
16.4%
Q3 24
0.7%
7.4%
Q2 24
11.3%
EPS (diluted)
HL
HL
LRN
LRN
Q3 26
$1.93
Q4 25
$0.20
$2.12
Q3 25
$0.15
$1.40
Q2 25
$0.09
$0.96
Q1 25
$0.05
$2.02
Q4 24
$0.03
$2.03
Q3 24
$0.00
$0.94
Q2 24
$0.04

Balance Sheet & Financial Strength

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

Metric
HL
HL
LRN
LRN
Cash + ST InvestmentsLiquidity on hand
$301.2M
$614.0M
Total DebtLower is stronger
$417.6M
Stockholders' EquityBook value
$2.6B
$1.6B
Total Assets
$3.6B
$2.4B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HL
HL
LRN
LRN
Q3 26
$614.0M
Q4 25
$301.2M
$625.7M
Q3 25
$133.9M
$715.1M
Q2 25
$296.6M
$985.3M
Q1 25
$23.7M
$723.7M
Q4 24
$26.9M
$717.5M
Q3 24
$22.3M
$522.2M
Q2 24
$24.6M
Total Debt
HL
HL
LRN
LRN
Q3 26
$417.6M
Q4 25
$417.2M
Q3 25
$416.8M
Q2 25
$416.3M
Q1 25
$415.9M
Q4 24
$415.5M
Q3 24
$415.1M
Q2 24
Stockholders' Equity
HL
HL
LRN
LRN
Q3 26
$1.6B
Q4 25
$2.6B
$1.5B
Q3 25
$2.4B
$1.5B
Q2 25
$2.3B
$1.5B
Q1 25
$2.1B
$1.4B
Q4 24
$2.0B
$1.3B
Q3 24
$2.0B
$1.2B
Q2 24
$2.0B
Total Assets
HL
HL
LRN
LRN
Q3 26
$2.4B
Q4 25
$3.6B
$2.3B
Q3 25
$3.2B
$2.3B
Q2 25
$3.3B
$2.3B
Q1 25
$3.0B
$2.2B
Q4 24
$3.0B
$2.1B
Q3 24
$3.0B
$2.0B
Q2 24
$2.9B
Debt / Equity
HL
HL
LRN
LRN
Q3 26
0.25×
Q4 25
0.27×
Q3 25
0.27×
Q2 25
0.28×
Q1 25
0.29×
Q4 24
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
HL
HL
LRN
LRN
Operating Cash FlowLast quarter
$217.1M
$117.0M
Free Cash FlowOCF − Capex
$134.7M
FCF MarginFCF / Revenue
30.1%
Capex IntensityCapex / Revenue
18.4%
Cash ConversionOCF / Net Profit
1.61×
1.32×
TTM Free Cash FlowTrailing 4 quarters
$310.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HL
HL
LRN
LRN
Q3 26
$117.0M
Q4 25
$217.1M
$91.8M
Q3 25
$148.0M
$-195.8M
Q2 25
$161.8M
$298.3M
Q1 25
$35.7M
$53.1M
Q4 24
$67.5M
$223.4M
Q3 24
$55.0M
$-142.0M
Q2 24
$78.7M
Free Cash Flow
HL
HL
LRN
LRN
Q3 26
Q4 25
$134.7M
$91.6M
Q3 25
$90.1M
$-196.1M
Q2 25
$103.8M
$297.9M
Q1 25
$-18.4M
$52.9M
Q4 24
$6.7M
$222.9M
Q3 24
$-690.0K
$-142.7M
Q2 24
$28.3M
FCF Margin
HL
HL
LRN
LRN
Q3 26
Q4 25
30.1%
14.5%
Q3 25
22.0%
-31.6%
Q2 25
34.1%
45.6%
Q1 25
-7.0%
8.6%
Q4 24
2.7%
38.0%
Q3 24
-0.3%
-25.9%
Q2 24
11.5%
Capex Intensity
HL
HL
LRN
LRN
Q3 26
Q4 25
18.4%
0.0%
Q3 25
14.1%
0.0%
Q2 25
19.1%
0.1%
Q1 25
20.7%
0.0%
Q4 24
24.3%
0.1%
Q3 24
22.7%
0.1%
Q2 24
20.5%
Cash Conversion
HL
HL
LRN
LRN
Q3 26
1.32×
Q4 25
1.61×
0.92×
Q3 25
1.47×
-2.85×
Q2 25
2.80×
5.81×
Q1 25
1.24×
0.53×
Q4 24
5.66×
2.32×
Q3 24
31.24×
-3.47×
Q2 24
2.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HL
HL

Silver Contracts$258.5M58%
Gold$129.2M29%
Zinc$30.3M7%
Lead$23.3M5%
Environmental Remediation Services$9.2M2%

LRN
LRN

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

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