The financials
Stride, Inc. by the numbers
Stride, Inc. (LRN) reported revenue of $630M in Q3 2026 (quarter ended March 31, 2026), up 2.7% from the same quarter a year earlier. That came with a gross margin of 37% and net income of $89M (14% of revenue). For the full year FY2025, revenue was $2.41B (+18% year on year) and net income $288M. Its largest product in 2026-Q1 was General Education at $357M, 57% of the disclosed total, just ahead of Middle High School at 41%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $630M | $613M | +2.7% |
| Gross profit | $232M | $249M | −7.1% |
| Operating income | $129M | $131M | −1.3% |
| Net income | $89M | $99M | −11% |
| Diluted EPS | $1.93 | $2.02 | −4.5% |
| Product | Revenue | Share |
|---|---|---|
| General Education | $357M | 57% |
| Middle High School | $260M | 41% |
| Adult | $13M | 2.0% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $629.9M (-0.22%)
Middle High School grew +16% year on yearAdult -31% year on year
Segment Latestquarter on quarteryear on year
- General Education$357.5M$357.5MQoQ +4.7%year on year -3.6%+4.7%-3.6%
- Middle High School$259.5M$259.5MQoQ -5.8%year on year +16%-5.8%+16%
- Adult$12.9M$12.9MQoQ -9.7%year on year -31%-9.7%-31%
Education & Training Services
Ranks #12 of 16 by Smart Score