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Stride, Inc.（LRN）与Penguin Solutions, Inc.（PENG）财务数据对比。点击上方公司名可切换其他公司
Stride, Inc.的季度营收约是Penguin Solutions, Inc.的1.8倍（$629.9M vs $343.1M），Stride, Inc.净利率更高（14.1% vs 1.5%，领先12.5%），Stride, Inc.同比增速更快（2.7% vs 0.6%），过去两年Penguin Solutions, Inc.的营收复合增速更高（11.8% vs 6.9%）
Stride, Inc.是一家营利性教育机构，主营在线及混合式教育项目。作为教育管理机构，其为K12阶段公立学校学生提供替代传统线下教学的在线教育方案，同时也开设职业学习课程。截至2012年，这家上市企业是全球招生规模最大的教育管理机构。
企鹅解决方案公司旗下的兰波集团以拉姆齐解决方案品牌开展业务，是一家美国企业，业务涵盖个人理财、领导力发展、人际关系管理与职业发展相关产品与服务。该公司由戴夫·拉姆齐与妻子莎伦于1991年创立，总部位于田纳西州富兰克林。
LRN vs PENG — 直观对比
营收规模更大
LRN
是对方的1.8倍
$343.1M
营收增速更快
LRN
高出2.1%
0.6%
净利率更高
LRN
高出12.5%
1.5%
两年增速更快
PENG
近两年复合增速
6.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $629.9M | $343.1M |
| 净利润 | $88.5M | $5.3M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 20.5% | 5.7% |
| 净利率 | 14.1% | 1.5% |
| 营收同比 | 2.7% | 0.6% |
| 净利润同比 | 8.5% | 1.0% |
| 每股收益（稀释后） | $1.93 | $0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LRNPENG
| Q3 26 | $629.9M | — | ||
| Q4 25 | $631.3M | $343.1M | ||
| Q3 25 | $620.9M | $337.9M | ||
| Q2 25 | $653.6M | $324.3M | ||
| Q1 25 | $613.4M | $365.5M | ||
| Q4 24 | $587.2M | $341.1M | ||
| Q3 24 | $551.1M | $284.8M | ||
| Q2 24 | — | $300.6M |
净利润LRNPENG
| Q3 26 | $88.5M | — | ||
| Q4 25 | $99.5M | $5.3M | ||
| Q3 25 | $68.8M | $9.4M | ||
| Q2 25 | $51.3M | $2.7M | ||
| Q1 25 | $99.3M | $8.1M | ||
| Q4 24 | $96.4M | $5.2M | ||
| Q3 24 | $40.9M | — | ||
| Q2 24 | — | $5.6M |
毛利率LRNPENG
| Q3 26 | — | — | ||
| Q4 25 | 41.1% | 28.0% | ||
| Q3 25 | 39.0% | 28.6% | ||
| Q2 25 | 36.6% | 29.3% | ||
| Q1 25 | 40.6% | 28.6% | ||
| Q4 24 | 40.8% | 28.7% | ||
| Q3 24 | 39.2% | 28.8% | ||
| Q2 24 | — | 29.6% |
营业利润率LRNPENG
| Q3 26 | 20.5% | — | ||
| Q4 25 | 23.3% | 5.7% | ||
| Q3 25 | 11.1% | 3.7% | ||
| Q2 25 | 8.7% | 3.0% | ||
| Q1 25 | 21.3% | 5.1% | ||
| Q4 24 | 21.3% | 5.1% | ||
| Q3 24 | 8.6% | -1.2% | ||
| Q2 24 | — | 3.8% |
净利率LRNPENG
| Q3 26 | 14.1% | — | ||
| Q4 25 | 15.8% | 1.5% | ||
| Q3 25 | 11.1% | 2.8% | ||
| Q2 25 | 7.9% | 0.8% | ||
| Q1 25 | 16.2% | 2.2% | ||
| Q4 24 | 16.4% | 1.5% | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | — | 1.9% |
每股收益（稀释后）LRNPENG
| Q3 26 | $1.93 | — | ||
| Q4 25 | $2.12 | $0.04 | ||
| Q3 25 | $1.40 | $0.10 | ||
| Q2 25 | $0.96 | $-0.01 | ||
| Q1 25 | $2.02 | $0.09 | ||
| Q4 24 | $2.03 | $0.10 | ||
| Q3 24 | $0.94 | — | ||
| Q2 24 | — | $0.10 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $614.0M | $461.5M |
| 总债务越低越好 | $417.6M | $462.3M |
| 股东权益账面价值 | $1.6B | $389.7M |
| 总资产 | $2.4B | $1.6B |
| 负债/权益比越低杠杆越低 | 0.25× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资LRNPENG
| Q3 26 | $614.0M | — | ||
| Q4 25 | $625.7M | $461.5M | ||
| Q3 25 | $715.1M | $453.8M | ||
| Q2 25 | $985.3M | $735.5M | ||
| Q1 25 | $723.7M | $647.0M | ||
| Q4 24 | $717.5M | $393.7M | ||
| Q3 24 | $522.2M | $389.5M | ||
| Q2 24 | — | $467.5M |
总债务LRNPENG
| Q3 26 | $417.6M | — | ||
| Q4 25 | $417.2M | $462.3M | ||
| Q3 25 | $416.8M | $461.8M | ||
| Q2 25 | $416.3M | $659.5M | ||
| Q1 25 | $415.9M | $658.8M | ||
| Q4 24 | $415.5M | $658.1M | ||
| Q3 24 | $415.1M | $657.3M | ||
| Q2 24 | — | $667.0M |
股东权益LRNPENG
| Q3 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $389.7M | ||
| Q3 25 | $1.5B | $394.2M | ||
| Q2 25 | $1.5B | $584.8M | ||
| Q1 25 | $1.4B | $602.5M | ||
| Q4 24 | $1.3B | $400.4M | ||
| Q3 24 | $1.2B | $391.4M | ||
| Q2 24 | — | $423.4M |
总资产LRNPENG
| Q3 26 | $2.4B | — | ||
| Q4 25 | $2.3B | $1.6B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.3B | $1.8B | ||
| Q1 25 | $2.2B | $1.8B | ||
| Q4 24 | $2.1B | $1.6B | ||
| Q3 24 | $2.0B | $1.5B | ||
| Q2 24 | — | $1.5B |
负债/权益比LRNPENG
| Q3 26 | 0.25× | — | ||
| Q4 25 | 0.27× | 1.19× | ||
| Q3 25 | 0.27× | 1.17× | ||
| Q2 25 | 0.28× | 1.13× | ||
| Q1 25 | 0.29× | 1.09× | ||
| Q4 24 | 0.32× | 1.64× | ||
| Q3 24 | 0.34× | 1.68× | ||
| Q2 24 | — | 1.58× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $117.0M | $31.1M |
| 自由现金流经营现金流 - 资本支出 | — | $28.2M |
| 自由现金流率自由现金流/营收 | — | 8.2% |
| 资本支出强度资本支出/营收 | — | 0.8% |
| 现金转化率经营现金流/净利润 | 1.32× | 5.89× |
| 过去12个月自由现金流最近4个季度 | — | $116.3M |
8季度趋势，按日历期对齐
经营现金流LRNPENG
| Q3 26 | $117.0M | — | ||
| Q4 25 | $91.8M | $31.1M | ||
| Q3 25 | $-195.8M | $-70.4M | ||
| Q2 25 | $298.3M | $92.8M | ||
| Q1 25 | $53.1M | $72.9M | ||
| Q4 24 | $223.4M | $13.8M | ||
| Q3 24 | $-142.0M | — | ||
| Q2 24 | — | $57.9M |
自由现金流LRNPENG
| Q3 26 | — | — | ||
| Q4 25 | $91.6M | $28.2M | ||
| Q3 25 | $-196.1M | $-73.4M | ||
| Q2 25 | $297.9M | $90.9M | ||
| Q1 25 | $52.9M | $70.5M | ||
| Q4 24 | $222.9M | $12.0M | ||
| Q3 24 | $-142.7M | — | ||
| Q2 24 | — | $48.9M |
自由现金流率LRNPENG
| Q3 26 | — | — | ||
| Q4 25 | 14.5% | 8.2% | ||
| Q3 25 | -31.6% | -21.7% | ||
| Q2 25 | 45.6% | 28.0% | ||
| Q1 25 | 8.6% | 19.3% | ||
| Q4 24 | 38.0% | 3.5% | ||
| Q3 24 | -25.9% | — | ||
| Q2 24 | — | 16.3% |
资本支出强度LRNPENG
| Q3 26 | — | — | ||
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.0% | 0.9% | ||
| Q2 25 | 0.1% | 0.6% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | — | 3.0% |
现金转化率LRNPENG
| Q3 26 | 1.32× | — | ||
| Q4 25 | 0.92× | 5.89× | ||
| Q3 25 | -2.85× | -7.47× | ||
| Q2 25 | 5.81× | 34.88× | ||
| Q1 25 | 0.53× | 9.02× | ||
| Q4 24 | 2.32× | 2.65× | ||
| Q3 24 | -3.47× | — | ||
| Q2 24 | — | 10.30× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LRN
| General Education | $357.5M | 57% |
| Middle - High School | $259.5M | 41% |
| Adult | $12.9M | 2% |
PENG
| Integrated Memory Segment | $171.6M | 50% |
| Advanced Computing Segment | $115.7M | 34% |
| Optimized LED Segment | $55.7M | 16% |
