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Side-by-side financial comparison of Stride, Inc. (LRN) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.

SouthState Bank Corp is the larger business by last-quarter revenue ($661.7M vs $629.9M, roughly 1.1× Stride, Inc.). SouthState Bank Corp runs the higher net margin — 34.1% vs 14.1%, a 20.1% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 8.6%).

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.

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

LRN vs SSB — Head-to-Head

Bigger by revenue
SSB
SSB
1.1× larger
SSB
$661.7M
$629.9M
LRN
Higher net margin
SSB
SSB
20.1% more per $
SSB
34.1%
14.1%
LRN
Faster 2-yr revenue CAGR
SSB
SSB
Annualised
SSB
37.4%
8.6%
LRN

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LRN
LRN
SSB
SSB
Revenue
$629.9M
$661.7M
Net Profit
$88.5M
$225.8M
Gross Margin
Operating Margin
20.5%
15.1%
Net Margin
14.1%
34.1%
Revenue YoY
2.7%
Net Profit YoY
8.5%
153.5%
EPS (diluted)
$1.93
$2.28

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
SSB
SSB
Q3 26
$629.9M
Q1 26
$661.7M
Q4 25
$631.3M
$581.1M
Q3 25
$620.9M
$599.7M
Q2 25
$653.6M
$577.9M
Q1 25
$613.4M
$544.5M
Q4 24
$587.2M
$369.8M
Q3 24
$551.1M
$351.5M
Net Profit
LRN
LRN
SSB
SSB
Q3 26
$88.5M
Q1 26
$225.8M
Q4 25
$99.5M
$247.7M
Q3 25
$68.8M
$246.6M
Q2 25
$51.3M
$215.2M
Q1 25
$99.3M
$89.1M
Q4 24
$96.4M
$144.2M
Q3 24
$40.9M
$143.2M
Gross Margin
LRN
LRN
SSB
SSB
Q3 26
Q1 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%
Operating Margin
LRN
LRN
SSB
SSB
Q3 26
20.5%
Q1 26
15.1%
Q4 25
23.3%
54.3%
Q3 25
11.1%
53.6%
Q2 25
8.7%
48.8%
Q1 25
21.3%
22.3%
Q4 24
21.3%
50.7%
Q3 24
8.6%
53.1%
Net Margin
LRN
LRN
SSB
SSB
Q3 26
14.1%
Q1 26
34.1%
Q4 25
15.8%
42.6%
Q3 25
11.1%
41.1%
Q2 25
7.9%
37.2%
Q1 25
16.2%
16.4%
Q4 24
16.4%
39.0%
Q3 24
7.4%
40.7%
EPS (diluted)
LRN
LRN
SSB
SSB
Q3 26
$1.93
Q1 26
$2.28
Q4 25
$2.12
$2.47
Q3 25
$1.40
$2.42
Q2 25
$0.96
$2.11
Q1 25
$2.02
$0.87
Q4 24
$2.03
$1.88
Q3 24
$0.94
$1.86

Balance Sheet & Financial Strength

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

Metric
LRN
LRN
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$614.0M
$2.9B
Total DebtLower is stronger
$417.6M
Stockholders' EquityBook value
$1.6B
$9.0B
Total Assets
$2.4B
$68.0B
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LRN
LRN
SSB
SSB
Q3 26
$614.0M
Q1 26
$2.9B
Q4 25
$625.7M
Q3 25
$715.1M
Q2 25
$985.3M
Q1 25
$723.7M
Q4 24
$717.5M
Q3 24
$522.2M
Total Debt
LRN
LRN
SSB
SSB
Q3 26
$417.6M
Q1 26
Q4 25
$417.2M
Q3 25
$416.8M
Q2 25
$416.3M
Q1 25
$415.9M
Q4 24
$415.5M
Q3 24
$415.1M
Stockholders' Equity
LRN
LRN
SSB
SSB
Q3 26
$1.6B
Q1 26
$9.0B
Q4 25
$1.5B
$9.1B
Q3 25
$1.5B
$9.0B
Q2 25
$1.5B
$8.8B
Q1 25
$1.4B
$8.6B
Q4 24
$1.3B
$5.9B
Q3 24
$1.2B
$5.9B
Total Assets
LRN
LRN
SSB
SSB
Q3 26
$2.4B
Q1 26
$68.0B
Q4 25
$2.3B
$67.2B
Q3 25
$2.3B
$66.0B
Q2 25
$2.3B
$65.9B
Q1 25
$2.2B
$65.1B
Q4 24
$2.1B
$46.4B
Q3 24
$2.0B
$46.1B
Debt / Equity
LRN
LRN
SSB
SSB
Q3 26
0.25×
Q1 26
Q4 25
0.27×
Q3 25
0.27×
Q2 25
0.28×
Q1 25
0.29×
Q4 24
0.32×
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
LRN
LRN
SSB
SSB
Operating Cash FlowLast quarter
$117.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.32×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LRN
LRN
SSB
SSB
Q3 26
$117.0M
Q1 26
Q4 25
$91.8M
$232.1M
Q3 25
$-195.8M
$122.4M
Q2 25
$298.3M
$72.6M
Q1 25
$53.1M
$-126.3M
Q4 24
$223.4M
$354.3M
Q3 24
$-142.0M
$-246.8M
Free Cash Flow
LRN
LRN
SSB
SSB
Q3 26
Q1 26
Q4 25
$91.6M
$215.5M
Q3 25
$-196.1M
$101.7M
Q2 25
$297.9M
$52.5M
Q1 25
$52.9M
$-139.1M
Q4 24
$222.9M
$340.9M
Q3 24
$-142.7M
$-254.2M
FCF Margin
LRN
LRN
SSB
SSB
Q3 26
Q1 26
Q4 25
14.5%
37.1%
Q3 25
-31.6%
17.0%
Q2 25
45.6%
9.1%
Q1 25
8.6%
-25.5%
Q4 24
38.0%
92.2%
Q3 24
-25.9%
-72.3%
Capex Intensity
LRN
LRN
SSB
SSB
Q3 26
Q1 26
Q4 25
0.0%
2.9%
Q3 25
0.0%
3.5%
Q2 25
0.1%
3.5%
Q1 25
0.0%
2.4%
Q4 24
0.1%
3.6%
Q3 24
0.1%
2.1%
Cash Conversion
LRN
LRN
SSB
SSB
Q3 26
1.32×
Q1 26
Q4 25
0.92×
0.94×
Q3 25
-2.85×
0.50×
Q2 25
5.81×
0.34×
Q1 25
0.53×
-1.42×
Q4 24
2.32×
2.46×
Q3 24
-3.47×
-1.72×

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%

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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