LRNNYSEServices-Educational ServicesUS GAAP · USD

Stride, Inc.

Stride, Inc. is a U.S.-based education technology company that provides an online learning platform for students across the United States. Its offerings combine curriculum, software systems, instructional support, and administrative services for K-12 schools, school districts, charter boards, employers, government agencies, and consumers.

Liikevaihto2 518milj. USD
+4,7 %v/v
Liikevoitto (EBIT)451milj. USD
+25,2 %v/v
EBIT-marginaali17,9%
+2,9 %-yks.v/v
Nettotulos338milj. USD
+17,5 %v/v
Vapaa kassavirta433milj. USD
+0,5 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

01 0002 0003 000milj. USD2021: 1 537 milj. USD2021: EBIT 110 milj. USD20212022: 1 687 milj. USD2022: EBIT 157 milj. USD20222023: 1 837 milj. USD2023: EBIT 165 milj. USD20232024: 2 040 milj. USD2024: EBIT 250 milj. USD20242025: 2 405 milj. USD2025: EBIT 360 milj. USD20252026: 2 518 milj. USD2026: EBIT 451 milj. USD20262 518451
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
General Education58 %

K-12 curriculum, systems, instruction, and support services for virtual and blended schools.

Career Learning - Middle/High School39 %

Career-focused middle and high school programs that combine academics with pathway-oriented learning.

Career Learning - Adult3 %

Adult training and career education offerings delivered through online and flexible formats.

Tuotteet

Raportoitu · osuus liikevaihdosta
56,3%41,4%FY2026100 %
  • General Education56,3 %
  • Middle High School41,4 %
  • Adult2,2 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Stride primarily serves public schools, school districts, and charter boards that need online curriculum and full-service virtual school support. It also sells to private schools, employers, government agencies, and individual consumers through stand-alone products and training programs.

Virtual and blended public schools

Buy curriculum, technology, instruction, and administrative support to run online or blended K-12 programs.

School districts and charter boards

Use Stride's school-as-a-service model and stand-alone curriculum/services for student enrollment and instruction.

Career learning students

Enroll in middle/high school and adult career pathways for flexible, skills-oriented education.

Employers and government agencies

Purchase training and education solutions for workforce development and reskilling needs.

Private-pay consumers

Buy online schooling or adult learning programs directly when they want flexible alternatives to traditional education.

Strategia

Stride's strategy centers on expanding enrollments, deepening its K-12 platform, and broadening beyond its core virtual and blended public school base. It also aims to grow adult learning, private schools, and traditional public school channels while continuing to improve its curriculum, systems, and student support capabilities.

Expand K-12 enrollment baseLyhyt aikaväli

Enrollment volume is the main driver of revenue in school-as-a-service models.

Broaden distribution channelsKeskipitkä aikaväli

Reducing reliance on virtual public schools can diversify demand and funding exposure.

Scale adult learning and workforce trainingKeskipitkä aikaväli

Adult education adds a separate demand pool and can extend the platform beyond K-12.

Strengthen product and service integrationPitkä aikaväli

A more integrated platform improves customer retention and supports customized solutions.

Maantiede

Stride's business is concentrated in the United States, where it delivers online learning and school support services nationwide. Its revenue exposure is tied to U.S. state and district funding rules, attendance requirements, and local school adoption decisions rather than international markets.

Riskit

Stride faces demand and funding risk because many customers depend on public-school budgets, state funding formulas, and attendance rules. It also carries technology, cybersecurity, and execution risk because its services rely on complex online systems, student data, and third-party integrations.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Dependence on public-school funding and attendance rules1Cybersecurity and IT system disruption2Competitive pricing pressure3Customer concentration in school channels4Execution risk in new channels5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Dependence on public-school funding and attendance rulesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of revenue comes from virtual and blended public schools, where funding is tied to state and district policies.

    Kohdistuu: General Education

  2. Cybersecurity and IT system disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The platform stores student data and delivers services through complex customer-facing systems and back-office infrastructure.

    Kohdistuu: Online learning platform and student records

  3. Competitive pricing pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    The company competes with curriculum providers, online schools, and free or low-cost digital learning tools.

    Kohdistuu: K-12 curriculum and online schooling

  4. Customer concentration in school channelsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Demand depends on school district, charter board, and public program adoption decisions.

    Kohdistuu: Virtual and blended school programs

  5. Execution risk in new channelsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Growth depends on expanding adult learning, private schools, and traditional public school sales.

    Kohdistuu: Career learning and adjacent channels

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for bundled education services

Contracts may include curriculum, systems, instruction, and support services that must be separated and recognized as obligations are satisfied.

Vaikutus: Affects timing of revenue across school-year cycles

Seasonality and enrollment timing

School enrollment and billing patterns can create large quarter-to-quarter changes in revenue and receivables.

Vaikutus: Impacts comparability of interim results and cash flow

Allowance and collectability estimates

Receivables depend on public funding, school billing cycles, and customer collections.

Vaikutus: Can affect reported assets and bad debt expense

Tax and valuation allowance estimates

Management must estimate realizability of deferred tax assets and uncertain tax positions.

Vaikutus: Can materially affect tax expense and equity

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Stride, Inc. (LRN) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo