Stride Financial Statements
NYSE: LRNReal EstateOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Stride revenue and earnings
In fiscal 2026, Stride generated $2.52 billion in revenue, up 4.7% from fiscal 2025, its 10th consecutive year of revenue growth. Net income was $338.2 million (+17.5% year over year), for a net margin of 13.4% versus a median of 6.9% in the prior 5 years. Gross margin was 37.8% (down from 39.2%) and operating margin 17.9%.
Diluted earnings per share came in at $7.14, up from $5.95. Over the last 5 fiscal years, LRN's revenue has grown at a 10.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Stride income statement (annual)
| Fiscal year (USD) | FY 20262026-06-30 | FY 20252025-06-30 | FY 20242024-06-30 | FY 20232023-06-30 | FY 20222022-06-30 | FY 20212021-06-30 | FY 20202020-06-30 | FY 20192019-06-30 | FY 20182018-06-30 | FY 20172017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.52B | 2.41B | 2.04B | 1.84B | 1.69B | 1.54B | 1.04B | 1.02B | 917.73M | 888.52M |
| Revenue growth (YoY) | +4.69% | +17.90% | +11.03% | +8.93% | +9.75% | +47.66% | +2.46% | +10.68% | +3.29% | +1.81% |
| Cost of Revenue | 1.57B | 1.46B | 1.28B | 1.19B | 1.09B | 1.00B | 693.23M | 663.44M | 592.50M | 557.32M |
| Gross Profit | 950.60M | 943.92M | 763.60M | 647.07M | 596.48M | 534.90M | 347.53M | 352.31M | 325.24M | 331.20M |
| Operating Expenses | 499.83M | 583.83M | 514.00M | 481.57M | 439.85M | 424.44M | 315.08M | 306.83M | 299.69M | 318.07M |
| Research & Development | 22.00M | 16.60M | 16.70M | 15.50M | 7.50M | 3.70M | 9.70M | 9.50M | 9.20M | 12.46M |
| Selling, General & Admin | 499.83M | 524.35M | 514.00M | 481.57M | 439.85M | 424.44M | 315.08M | 306.83M | 299.69M | 305.62M |
| Operating Income | 450.77M | 360.09M | 249.60M | 165.50M | 156.63M | 110.46M | 32.46M | 45.49M | 25.55M | 13.13M |
| Other Income (Expense) | 2.17M | 33.63M | 26.90M | 15.45M | -1.28M | 2.83M | 272.00K | 114.00K | — | — |
| Pretax Income | 440.96M | 380.95M | 268.67M | 172.21M | 147.22M | 95.99M | 33.43M | 48.36M | 26.51M | 4.94M |
| Income Tax | 102.77M | 93.01M | 64.48M | 45.35M | 40.09M | 24.54M | 8.54M | 10.52M | -910.00K | 5.40M |
| Net Income | 338.19M | 287.94M | 204.18M | 126.87M | 107.13M | 71.45M | 24.51M | 37.21M | 27.62M | 451.00K |
| Net Income growth (YoY) | +17.45% | +41.02% | +60.94% | +18.42% | +49.93% | +191.57% | -34.14% | +34.72% | +6024.17% | -95.01% |
| EPS (Basic) | 7.92 | 6.69 | 4.79 | 3.00 | 2.58 | 1.78 | 0.62 | 0.96 | 0.70 | 0.01 |
| EPS (Diluted) | 7.14 | 5.95 | 4.69 | 2.97 | 2.52 | 1.71 | 0.60 | 0.91 | 0.68 | 0.01 |
| Shares Outstanding (Basic) | 42.72M | 43.04M | 42.63M | 42.29M | 41.45M | 40.21M | 39.48M | 38.85M | 39.28M | 38.30M |
| Shares Outstanding (Diluted) | 47.33M | 48.41M | 43.54M | 42.73M | 42.44M | 41.87M | 40.66M | 40.94M | 40.64M | 39.50M |
| EBITDA | 577.33M | 474.76M | 359.28M | 275.86M | 254.54M | 200.53M | 104.55M | 116.89M | 100.81M | 87.41M |
| Gross Margin | 37.75% | 39.24% | 37.43% | 35.22% | 35.36% | 34.81% | 33.39% | 34.69% | 35.44% | 37.28% |
| Operating Margin | 17.90% | 14.97% | 12.23% | 9.01% | 9.29% | 7.19% | 3.12% | 4.48% | 2.78% | 148.00% |
| Net Margin | 13.43% | 11.97% | 10.01% | 6.90% | 6.35% | 4.65% | 2.35% | 3.66% | 3.01% | 5.00% |
This table shows 10 annual periods of Stride's income statement, from FY 2026 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LRN's reporting calendar. What is a income statement?