Saturday 17 October 2026 Export LRN’s income statement to Excel — free account

Stride, Inc.

LRN Consumer Defensive Education & Training Services

Stride, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $2.5 billion, up 4.69% from fiscal 2025. In the quarter to June 2026, revenue fell 2.69%, EPS grew 62.2%, free cash flow grew 3.70% and total debt rose 2.94%, each against the same quarter a year earlier. Revenue growth for ten consecutive years, operating cash flow growth for three.

82.62 0.56 −0.67%

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Market cap: $3.5B
P/E: 10.4×
Fwd P/E: 13.4×
Dividend yield: —
F-score: 7/9
Altman Z: 5.78
Beneish M: −2.44
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 6.06%

Capital & Financial Ratios $m

Market Cap 3,460.00

Revenue 2,518.08

Net Income 338.19

Free Cash Flow 354.97

Net Debt (483.55)

Current Ratio 5.94

Debt/Equity 0.29

P/E ratio 10.43

Fwd P/E 13.40

P/S ratio 1.40

P/B ratio 2.16

Past 5Y EPS Growth 33.09%

This Y EPS Growth 3.97%

Next Y EPS Growth 6.87%

Next Y revenue growth 2.02%

Next 5Y EPS Growth 10.78%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 3.51%

10-year low 10-year high

P/S against its own 10 years 79.28%

10-year low 10-year high

P/B against its own 10 years 72.32%

10-year low 10-year high

EV/Sales against its own 10 years 73.94%

10-year low 10-year high

EV/FCF against its own 10 years 17.16%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	523	692	985	958
Receivables	464	473	560	665
Inventory	37	37	38	38
Other	17	14	15	12
	1,065	1,245	1,633	1,716

	2023	2024	2025	2026
Payables	49	41	44	47
ST’ Debt	—	—	—	—
Other	—	—	—	—
	309	244	303	289

Compound Annual Growth %

	10y	5y	3y
Sales	11.18%	10.38%	11.08%
Cash Flow	13.55%	26.46%	28.77%
Earnings	43.66%	36.47%	38.66%
Book Value	11.32%	15.20%	19.89%

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	621	631	630	636	2,518
’25	551	587	613	654	2,405
’24	480	505	521	534	2,040
’23	425	458	470	483	1,837
’22	400	410	422	455	1,687
’21	371	376	392	398	1,537

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(196)	92	221	317	434
’25	(142)	223	53	298	433
’24	(135)	173	69	172	279
’23	(143)	164	85	97	203
’22	(132)	120	93	125	207
’21	(115)	35	91	123	134

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(217)	76	202	294	355
’25	(157)	209	37	284	373
’24	(151)	161	52	156	217
’23	(161)	147	70	79	135
’22	(147)	106	75	106	139
’21	(127)	24	80	106	82

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	1.40	2.12	1.93	1.75	7.14
’25	0.94	2.03	2.02	1.03	5.95
’24	0.11	1.54	1.60	1.42	4.69
’23	(0.54)	1.19	1.30	1.01	2.97
’22	(0.15)	1.00	1.02	0.66	2.52
’21	0.30	0.60	0.57	0.25	1.71

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	15.07	12.72	18.90	15.06	20.70	25.65	31.34	54.81	60.61	63.42	Analyst estimates 2027–2029 Powerpack
	High	21.18	24.85	37.43	52.84	38.40	47.35	62.56	112.80	171.17	103.67
People
People	Employees	4,750	4,700	4,550	4,950	7,100	7,500	7,800	7,800	8,600	9,200
	Revenue/emp, $m	0.19	0.20	0.22	0.21	0.22	0.22	0.24	0.26	0.28	0.27
Income, $m
Income, $m	Revenue	889	918	1,016	1,041	1,537	1,687	1,837	2,040	2,405	2,518
	Gross margin, %	37.28	35.44	34.69	33.39	34.81	35.36	35.22	37.43	39.24	37.75
	EBT	5	27	48	33	95	147	173	268	383	441
	EBT margin, %	0.56	2.89	4.76	3.21	6.20	8.72	9.39	13.12	15.93	17.52
	Net income	0	27	37	25	71	107	127	204	288	338
	Depreciation	74	75	71	72	103	99	112	111	116	128
Per share, $
Per share, $	Revenue	23.20	23.36	26.15	26.36	38.22	40.69	43.45	47.86	55.88	58.95
	Earnings	0.01	0.70	0.96	0.62	1.78	2.58	3.00	4.79	6.69	7.92
	Cash flow	2.32	2.68	3.65	2.04	3.34	4.99	4.80	6.54	10.06	10.16
	Capex	(1.26)	(1.10)	(1.24)	(1.14)	(1.29)	(1.63)	(1.61)	(1.44)	(1.39)	(1.85)
	Free cash flow	1.06	1.58	2.41	0.90	2.04	3.36	3.20	5.10	8.66	8.31
	Book value	15.00	14.95	16.30	17.11	20.01	19.60	22.40	27.59	34.38	38.21
	Shares, m	38	39	39	39	40	41	42	43	43	43
Valuation, ×
Valuation, ×	P/E	896.00	23.89	31.89	44.66	18.05	15.93	12.45	14.43	21.70	10.89
	P/S	0.77	0.72	1.15	1.03	0.84	1.00	0.86	1.44	2.60	1.46
	P/B	1.20	1.12	1.84	1.59	1.61	2.08	1.66	2.50	4.22	2.26
	EV/Sales	0.52	0.48	0.87	0.93	0.88	1.09	0.86	1.37	2.42	1.31
	EV/FCF	11.47	7.04	9.47	27.32	16.40	13.23	11.73	12.84	15.62	9.30
Cash, $m
Cash, $m	Operating cash flow	89	105	142	80	134	207	203	279	433	434
	Capex	(48)	(43)	(48)	(45)	(52)	(68)	(68)	(62)	(60)	(79)
	Free cash flow	41	62	94	35	82	139	135	217	373	355
Balance, $m
Balance, $m	Working capital	356	338	374	228	551	648	756	1,001	1,330	1,427
	Total debt	22	26	25	105	341	440	434	441	461	474
	Net debt	(209)	(205)	(258)	(108)	(45)	51	(88)	(251)	(524)	(484)
	Shareholders’ equity	574	587	633	675	805	813	947	1,176	1,480	1,632
Returns, %
Returns, %	ROA	0.06	3.74	4.77	2.59	5.39	6.65	7.45	11.09	13.66	14.30
	ROIC	2.24	4.18	7.57	3.57	9.09	11.34	12.04	16.87	23.56	24.52
	ROE	0.08	4.76	6.10	3.75	9.66	13.25	14.42	19.23	21.69	21.74

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
LAUR Laureate Education	$5.4B	17.2×	15.8×	+17.50% (above 0%: growing)	+50.77% (above 0%: growing)	+37.68% (above 0%: growing)	38.59%	36.28%	Compare
GHC Graham Holdings Company	$5.1B	9.6×	15.5×	+7.13% (above 0%: growing)	+677.34% (above 0%: growing)	−58.54% (below 0%: shrinking)	30.10%	6.42%	Compare
CVSA Covista Inc.	$4.3B	17.7×	15.0×	+9.69% (above 0%: growing)	+40.67% (above 0%: growing)	+102.24% (above 0%: growing)	56.77%	19.04%	Compare
LOPE Grand Canyon Education, Inc.	$4.2B	19.4×	16.3×	+6.69% (above 0%: growing)	+18.24% (above 0%: growing)	−15.15% (below 0%: shrinking)	49.36%	22.02%	Compare
TAL TAL Education Group	$4.2B	7.3×	12.0×	+31.89% (above 0%: growing)	+1,380.00% (above 0%: growing)	+37.51% (above 0%: growing)	57.78%	18.09%	Compare
LRN Stride, Inc.	$3.5B	10.4×	13.4×	−2.69% (below 0%: shrinking)	+62.18% (above 0%: growing)	+3.70% (above 0%: growing)	34.16%	16.64%
MH McGraw Hill, Inc.	$2.7B	27.7×	15.6×	+2.65% (above 0%: growing)	+9,900.00% (above 0%: growing)	+57.50% (above 0%: growing)	79.87%	20.78%	Compare
PRDO Perdoceo Education Corporation	$2.1B	12.0×	11.7×	+1.80% (above 0%: growing)	+22.22% (above 0%: growing)	−3.87% (below 0%: shrinking)	76.15%	25.72%	Compare
STRA Strategic Education Inc.	$1.8B	13.2×	10.2×	+4.91% (above 0%: growing)	+23.40% (above 0%: growing)	−26.16% (below 0%: shrinking)	47.26%	14.97%	Compare
Median of peers	$4.2B	15.2×	15.3×	+6.91%	+45.72%	+16.82%	53.07%	19.91%

All 46 Education & Training Services stocks →

Stride, Inc. (LRN) key facts

Strength: Stride, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $2.5 billion, up 4.69% from fiscal 2025.
Strength: Net income was $338.2 million, or $7.92 per share (basic), a net margin of 13.4%.
Stride, Inc. (LRN) is an Education & Training Services company in the Consumer Defensive sector, listed on the New York Stock Exchange.
As of October 16, 2026, LRN traded at $82.62, a market capitalization of $3.5 billion.
At that price the stock trades at 10.4× trailing-twelve-month earnings and 1.4× sales; its P/E is higher than 4% of its own readings over the past ten years.
Return on equity was 21.7% and debt-to-equity 0.29.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 5.78 (safe zone) for fiscal 2026.