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.

Revenue
+2.98%
EPS
−1.26%
Free cash flow
+31.4%
Total debt
+7.52%

Quarter to September 2026, against a year earlier

75.09 4.15 −5.24%
Market cap
$3.2B
P/E
9.5×
Fwd P/E
9.7×
Dividend yield
—
F-score
7/9
Altman Z
5.78
Beneish M
−2.44
Dividend safety
n/a

Stride, Inc. (LRN) Gross margin

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Stride, Inc.'s gross margin over the twelve months to 30 September 2026 was 37.4%, down 0.3 percentage points from fiscal 2026 (37.8%). Over the past ten years it has ranged from 33.4% (fiscal 2020) to 39.2% (fiscal 2025); the current reading is higher than 92% of that period. That is below the Education & Training Services industry median of 55.0% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2026 37.8% (1.49)
FY2025 39.2% 1.81
FY2024 37.4% 2.21
FY2023 35.2% (0.14)
FY2022 35.4% 0.55
FY2021 34.8% 1.42
FY2020 33.4% (1.30)
FY2019 34.7% (0.75)
FY2018 35.4% (1.84)
FY2017 37.3% (0.10)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 37.7% 3.55
Jun 2026 34.2% (2.60)
Mar 2026 36.8% (4.37)
Dec 2025 41.1% 2.13
43 more quarters

Against its own ten years

Low 33.4% High 39.2%
Ten-year median 35.7%
Current reading's percentile 79

Gross margin against peers

Company Gross margin
MH McGraw Hill, Inc. compare 81.7%
CVSA Covista Inc. compare 57.4%
TAL TAL Education Group compare 56.9%
STRA Strategic Education Inc. compare 49.2%
LRN Stride, Inc. 37.4%
LAUR Laureate Education compare 28.6%
LOPE Grand Canyon Education, Inc. compare 0.00%
PRDO Perdoceo Education Corporation compare 0.00%
XXI Twenty One Capital, Inc. compare —
Education & Training Services industry median 55.0%
Consumer Defensive sector median 34.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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