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Stride, Inc.（LRN）与PLEXUS CORP（PLXS）财务数据对比。点击上方公司名可切换其他公司
PLEXUS CORP的季度营收约是Stride, Inc.的1.7倍（$1.1B vs $629.9M），Stride, Inc.净利率更高（14.1% vs 3.8%，领先10.2%），PLEXUS CORP同比增速更快（9.6% vs 2.7%），过去两年Stride, Inc.的营收复合增速更高（8.6% vs 7.9%）
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。
Plexus Corp是总部位于美国密歇根州特洛伊市的软件企业，专注于开发及推广Plex制造云产品，这是一款面向制造行业的SaaS模式云计算ERP解决方案，可助力制造企业实现数字化运营管理升级。
LRN vs PLXS — 直观对比
营收规模更大
PLXS
是对方的1.7倍
$629.9M
营收增速更快
PLXS
高出6.9%
2.7%
净利率更高
LRN
高出10.2%
3.8%
两年增速更快
LRN
近两年复合增速
7.9%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $629.9M | $1.1B |
| 净利润 | $88.5M | $41.2M |
| 毛利率 | — | 9.9% |
| 营业利润率 | 20.5% | 5.1% |
| 净利率 | 14.1% | 3.8% |
| 营收同比 | 2.7% | 9.6% |
| 净利润同比 | 8.5% | -19.9% |
| 每股收益（稀释后） | $1.93 | $1.51 |
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LRNPLXS
| Q3 26 | $629.9M | — | ||
| Q1 26 | — | $1.1B | ||
| Q4 25 | $631.3M | — | ||
| Q3 25 | $620.9M | — | ||
| Q2 25 | $653.6M | — | ||
| Q1 25 | $613.4M | — | ||
| Q4 24 | $587.2M | — | ||
| Q3 24 | $551.1M | — |
净利润LRNPLXS
| Q3 26 | $88.5M | — | ||
| Q1 26 | — | $41.2M | ||
| Q4 25 | $99.5M | — | ||
| Q3 25 | $68.8M | — | ||
| Q2 25 | $51.3M | — | ||
| Q1 25 | $99.3M | — | ||
| Q4 24 | $96.4M | — | ||
| Q3 24 | $40.9M | — |
毛利率LRNPLXS
| Q3 26 | — | — | ||
| Q1 26 | — | 9.9% | ||
| Q4 25 | 41.1% | — | ||
| Q3 25 | 39.0% | — | ||
| Q2 25 | 36.6% | — | ||
| Q1 25 | 40.6% | — | ||
| Q4 24 | 40.8% | — | ||
| Q3 24 | 39.2% | — |
营业利润率LRNPLXS
| Q3 26 | 20.5% | — | ||
| Q1 26 | — | 5.1% | ||
| Q4 25 | 23.3% | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 8.7% | — | ||
| Q1 25 | 21.3% | — | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 8.6% | — |
净利率LRNPLXS
| Q3 26 | 14.1% | — | ||
| Q1 26 | — | 3.8% | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 7.9% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 16.4% | — | ||
| Q3 24 | 7.4% | — |
每股收益（稀释后）LRNPLXS
| Q3 26 | $1.93 | — | ||
| Q1 26 | — | $1.51 | ||
| Q4 25 | $2.12 | — | ||
| Q3 25 | $1.40 | — | ||
| Q2 25 | $0.96 | — | ||
| Q1 25 | $2.02 | — | ||
| Q4 24 | $2.03 | — | ||
| Q3 24 | $0.94 | — |
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 | $248.8M |
| 总债务越低越好 | $417.6M | — |
| 股东权益账面价值 | $1.6B | $1.5B |
| 总资产 | $2.4B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.25× | — |
8季度趋势，按日历期对齐
现金及短期投资LRNPLXS
| Q3 26 | $614.0M | — | ||
| Q1 26 | — | $248.8M | ||
| Q4 25 | $625.7M | — | ||
| Q3 25 | $715.1M | — | ||
| Q2 25 | $985.3M | — | ||
| Q1 25 | $723.7M | — | ||
| Q4 24 | $717.5M | — | ||
| Q3 24 | $522.2M | — |
总债务LRNPLXS
| 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 | — |
股东权益LRNPLXS
| Q3 26 | $1.6B | — | ||
| Q1 26 | — | $1.5B | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $1.2B | — |
总资产LRNPLXS
| Q3 26 | $2.4B | — | ||
| Q1 26 | — | $3.2B | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.0B | — |
负债/权益比LRNPLXS
| 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× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 1.32× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流LRNPLXS
| Q3 26 | $117.0M | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $91.8M | — | ||
| Q3 25 | $-195.8M | — | ||
| Q2 25 | $298.3M | — | ||
| Q1 25 | $53.1M | — | ||
| Q4 24 | $223.4M | — | ||
| Q3 24 | $-142.0M | — |
自由现金流LRNPLXS
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $91.6M | — | ||
| Q3 25 | $-196.1M | — | ||
| Q2 25 | $297.9M | — | ||
| Q1 25 | $52.9M | — | ||
| Q4 24 | $222.9M | — | ||
| Q3 24 | $-142.7M | — |
自由现金流率LRNPLXS
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 14.5% | — | ||
| Q3 25 | -31.6% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 38.0% | — | ||
| Q3 24 | -25.9% | — |
资本支出强度LRNPLXS
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.1% | — |
现金转化率LRNPLXS
| Q3 26 | 1.32× | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.92× | — | ||
| Q3 25 | -2.85× | — | ||
| Q2 25 | 5.81× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 2.32× | — | ||
| Q3 24 | -3.47× | — |
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% |
PLXS
| Asia-Pacific | $612.0M | 57% |
| Americas | $345.0M | 32% |
| Europe, Middle East and Africa | $118.0M | 11% |
