vs

Side-by-side financial comparison of Stride, Inc. (LRN) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Stride, Inc. is the larger business by last-quarter revenue ($629.9M vs $568.5M, roughly 1.1× Real Brokerage Inc). Stride, Inc. runs the higher net margin — 14.1% vs -0.1%, a 14.1% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 2.7%).

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.

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

LRN vs REAX — Head-to-Head

Bigger by revenue
LRN
LRN
1.1× larger
LRN
$629.9M
$568.5M
REAX
Growing faster (revenue YoY)
REAX
REAX
+49.9% gap
REAX
52.6%
2.7%
LRN
Higher net margin
LRN
LRN
14.1% more per $
LRN
14.1%
-0.1%
REAX

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
LRN
LRN
REAX
REAX
Revenue
$629.9M
$568.5M
Net Profit
$88.5M
$-447.0K
Gross Margin
7.9%
Operating Margin
20.5%
-0.1%
Net Margin
14.1%
-0.1%
Revenue YoY
2.7%
52.6%
Net Profit YoY
8.5%
82.7%
EPS (diluted)
$1.93
$0.00

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
LRN
LRN
REAX
REAX
Q3 26
$629.9M
Q4 25
$631.3M
Q3 25
$620.9M
$568.5M
Q2 25
$653.6M
$540.7M
Q1 25
$613.4M
$354.0M
Q4 24
$587.2M
Q3 24
$551.1M
$372.5M
Q1 24
$200.7M
Net Profit
LRN
LRN
REAX
REAX
Q3 26
$88.5M
Q4 25
$99.5M
Q3 25
$68.8M
$-447.0K
Q2 25
$51.3M
$1.5M
Q1 25
$99.3M
$-5.0M
Q4 24
$96.4M
Q3 24
$40.9M
$-2.6M
Q1 24
$-16.1M
Gross Margin
LRN
LRN
REAX
REAX
Q3 26
Q4 25
41.1%
Q3 25
39.0%
7.9%
Q2 25
36.6%
8.9%
Q1 25
40.6%
9.6%
Q4 24
40.8%
Q3 24
39.2%
8.6%
Q1 24
10.3%
Operating Margin
LRN
LRN
REAX
REAX
Q3 26
20.5%
Q4 25
23.3%
Q3 25
11.1%
-0.1%
Q2 25
8.7%
0.3%
Q1 25
21.3%
-1.5%
Q4 24
21.3%
Q3 24
8.6%
-0.7%
Q1 24
-7.8%
Net Margin
LRN
LRN
REAX
REAX
Q3 26
14.1%
Q4 25
15.8%
Q3 25
11.1%
-0.1%
Q2 25
7.9%
0.3%
Q1 25
16.2%
-1.4%
Q4 24
16.4%
Q3 24
7.4%
-0.7%
Q1 24
-8.0%
EPS (diluted)
LRN
LRN
REAX
REAX
Q3 26
$1.93
Q4 25
$2.12
Q3 25
$1.40
$0.00
Q2 25
$0.96
$0.01
Q1 25
$2.02
$-0.02
Q4 24
$2.03
Q3 24
$0.94
$-0.01
Q1 24
$-0.09

Balance Sheet & Financial Strength

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

Metric
LRN
LRN
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$614.0M
$38.7M
Total DebtLower is stronger
$417.6M
Stockholders' EquityBook value
$1.6B
$53.6M
Total Assets
$2.4B
$145.2M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LRN
LRN
REAX
REAX
Q3 26
$614.0M
Q4 25
$625.7M
Q3 25
$715.1M
$38.7M
Q2 25
$985.3M
$49.7M
Q1 25
$723.7M
$24.7M
Q4 24
$717.5M
Q3 24
$522.2M
$22.6M
Q1 24
$20.1M
Total Debt
LRN
LRN
REAX
REAX
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
Q1 24
Stockholders' Equity
LRN
LRN
REAX
REAX
Q3 26
$1.6B
Q4 25
$1.5B
Q3 25
$1.5B
$53.6M
Q2 25
$1.5B
$49.2M
Q1 25
$1.4B
$32.8M
Q4 24
$1.3B
Q3 24
$1.2B
$29.8M
Q1 24
$25.6M
Total Assets
LRN
LRN
REAX
REAX
Q3 26
$2.4B
Q4 25
$2.3B
Q3 25
$2.3B
$145.2M
Q2 25
$2.3B
$149.4M
Q1 25
$2.2B
$100.5M
Q4 24
$2.1B
Q3 24
$2.0B
$102.5M
Q1 24
Debt / Equity
LRN
LRN
REAX
REAX
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×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
LRN
LRN
REAX
REAX
Operating Cash FlowLast quarter
$117.0M
$8.8M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.32×
TTM Free Cash FlowTrailing 4 quarters
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LRN
LRN
REAX
REAX
Q3 26
$117.0M
Q4 25
$91.8M
Q3 25
$-195.8M
$8.8M
Q2 25
$298.3M
$41.0M
Q1 25
$53.1M
$15.9M
Q4 24
$223.4M
Q3 24
$-142.0M
$7.2M
Q1 24
$21.5M
Free Cash Flow
LRN
LRN
REAX
REAX
Q3 26
Q4 25
$91.6M
Q3 25
$-196.1M
$8.4M
Q2 25
$297.9M
$40.8M
Q1 25
$52.9M
$15.7M
Q4 24
$222.9M
Q3 24
$-142.7M
$6.8M
Q1 24
$21.4M
FCF Margin
LRN
LRN
REAX
REAX
Q3 26
Q4 25
14.5%
Q3 25
-31.6%
1.5%
Q2 25
45.6%
7.5%
Q1 25
8.6%
4.4%
Q4 24
38.0%
Q3 24
-25.9%
1.8%
Q1 24
10.7%
Capex Intensity
LRN
LRN
REAX
REAX
Q3 26
Q4 25
0.0%
Q3 25
0.0%
0.1%
Q2 25
0.1%
0.0%
Q1 25
0.0%
0.1%
Q4 24
0.1%
Q3 24
0.1%
0.1%
Q1 24
0.0%
Cash Conversion
LRN
LRN
REAX
REAX
Q3 26
1.32×
Q4 25
0.92×
Q3 25
-2.85×
Q2 25
5.81×
27.13×
Q1 25
0.53×
Q4 24
2.32×
Q3 24
-3.47×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LRN
LRN

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

REAX
REAX

Segment breakdown not available.

Related Comparisons