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%
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

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 (at or above 1.5: strong)
Debt/Equity 0.29 (at or below 0.5: strong)
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% (at or above 15%: strong)
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

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.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
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

Stride, Inc. vs peers in Education & Training Services (Q) = latest quarter vs a year earlier

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.

Source: company filings (standardised) and stockrow calculations.

Stride, Inc. (LRN) Latest News

28 Sep

Impact 1 ·

22 Sep

Impact 3 ·
stockrow.com/LRN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com