Stride Inc (LRN)

Name: Stride Inc Financial Statements
Creator: Quarter Results

Consumer Defensive | Education Training Services

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$631M

Net Income

$99.5M

Operating Margin

23.3%

Free Cash Flow

$373M

Debt / Assets

35.5%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Stride Inc (LRN).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-03-31	2024-12-31
Revenue	631,261,000	620,884,000	613,376,000	587,211,000
Cost of Revenue	371,630,000	378,761,000	364,086,000	347,353,000
Gross Profit	259,631,000	242,123,000	249,290,000	239,858,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	112,779,000	173,140,000	118,504,000	114,758,000
Operating Expenses	112,779,000	173,140,000	118,504,000	114,758,000
Operating Income	146,852,000	68,983,000	130,786,000	125,100,000
Interest Expense	2,814,000	3,075,000	0	2,670,000
Income Before Tax	133,443,000	83,223,000	135,359,000	129,760,000
Income Tax Expense	33,966,000	14,423,000	35,450,000	33,361,000
Net Income	99,477,000	68,800,000	99,346,000	96,393,000
Per Share
EPS	2.30	1.59	2.31	2.24
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Stride Inc (LRN).
Income Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Revenue	2,405,317,000	2,040,069,000	1,837,358,000	1,686,666,000	1,536,760,000
Cost of Revenue	1,461,398,000	1,276,466,000	1,190,288,000	1,090,191,000	1,001,860,000
Gross Profit	943,919,000	763,603,000	647,070,000	596,475,000	534,900,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	524,347,000	514,003,000	481,571,000	439,847,000	424,444,000
Operating Expenses	583,825,000	514,003,000	481,571,000	439,847,000	424,444,000
Operating Income	360,094,000	249,600,000	165,499,000	156,628,000	110,456,000
Interest Expense	10,504,000	8,812,000	8,404,000	-8,277,000	0
Income Before Tax	380,948,000	267,688,000	172,547,000	147,074,000	95,306,000
Income Tax Expense	93,007,000	64,482,000	45,346,000	40,088,000	24,539,000
Net Income	287,941,000	204,183,000	126,867,000	107,130,000	71,451,000
Per Share
EPS	6.69	4.79	3.00	2.58	1.78
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Stride Inc (LRN).
Balance Sheet (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Assets
Cash and Cash Equivalents	782,497,000	500,614,000	410,807,000	389,398,000
Short Term Investments	202,769,000	191,672,000	111,900,000	63,000,000
Net Receivables	559,646,000	472,754,000	463,722,000	418,558,000
Inventory	37,570,000	36,748,000	36,716,000	36,003,000
Total Current Assets	1,632,734,000	1,245,446,000	1,065,199,000	950,534,000
Property Plant Equipment	94,542,000	105,359,000	121,840,000	146,994,000
Goodwill and Intangibles	398,774,000	442,142,000	455,699,000	452,071,000
Total Assets	2,293,959,000	1,920,465,000	1,760,666,000	1,643,545,000
Liabilities
Account Payables	43,962,000	40,970,000	48,854,000	61,997,000
Short Term Debt	53,707,000	83,788,000	50,070,000	50,219,000
Total Current Liabilities	302,879,000	244,280,000	309,135,000	302,073,000
Long Term Debt	496,053,000	486,319,000	493,738,000	515,453,000
Total Liabilities	814,340,000	744,440,000	813,370,000	830,964,000
Shareholders Equity
Retained Earnings	846,453,000	558,512,000	354,329,000	227,462,000
Total Shareholders Equity	1,479,619,000	1,176,025,000	947,296,000	812,581,000

Balance sheet annual history for Stride Inc (LRN).
Balance Sheet (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Assets
Cash and Cash Equivalents	782,497,000	500,614,000	410,807,000	389,398,000	386,080,000
Short Term Investments	202,769,000	191,672,000	111,900,000	63,000,000	0
Net Receivables	559,646,000	472,754,000	463,722,000	418,558,000	369,303,000
Inventory	37,570,000	36,748,000	36,716,000	36,003,000	39,690,000
Total Current Assets	1,632,734,000	1,245,446,000	1,065,199,000	950,534,000	857,530,000
Property Plant Equipment	94,542,000	105,359,000	121,840,000	146,994,000	166,740,000
Goodwill and Intangibles	398,774,000	442,142,000	455,699,000	452,071,000	447,537,000
Total Assets	2,293,959,000	1,920,465,000	1,760,666,000	1,643,545,000	1,577,317,000
Liabilities
Account Payables	43,962,000	40,970,000	48,854,000	61,997,000	62,144,000
Short Term Debt	53,707,000	83,788,000	50,070,000	50,219,000	47,985,000
Total Current Liabilities	302,879,000	244,280,000	309,135,000	302,073,000	306,244,000
Long Term Debt	496,053,000	486,319,000	493,738,000	515,453,000	418,297,000
Total Liabilities	814,340,000	744,440,000	813,370,000	830,964,000	772,649,000
Shareholders Equity
Retained Earnings	846,453,000	558,512,000	354,329,000	227,462,000	112,151,000
Total Shareholders Equity	1,479,619,000	1,176,025,000	947,296,000	812,581,000	804,648,000

Cash flow quarterly history for Stride Inc (LRN).
Cash Flow Statement (Quarterly)	2025-06-30	2024-06-30	2023-06-30	2022-06-30
Operating Activities
Net Income	287,941,000	204,183,000	126,867,000	107,130,000
Depreciation & Amortization	114,669,000	110,358,000	110,358,000	97,914,000
Stock Based Compensation	36,794,000	32,300,000	20,320,000	18,570,000
Change in Working Capital	-76,866,000	-109,000,000	-67,539,000	-64,925,000
Operating Cash Flow	432,816,000	278,797,000	203,150,000	206,884,000
Investing Activities
Capital Expenditure	-60,010,000	-61,589,000	-66,548,000	-67,626,000
Investments	-1,781,000	-2,270,000	-66,548,000	-67,626,000
Investing Cash Flow	-87,995,000	-139,871,000	-118,240,000	-110,758,000
Financing Activities
Debt Repayment	-41,469,000	-40,919,000	-42,956,000	-33,011,000
Common Stock Issued/Repurchased	-21,469,000	-8,200,000	-13,521,000	-37,441,000
Dividends Paid	0	0	0	-414,000
Financing Cash Flow	-62,938,000	-49,119,000	-63,501,000	-93,310,000
Summary
Free Cash Flow	372,806,000	217,208,000	136,602,000	139,258,000
Net Change in Cash	281,883,000	89,807,000	21,409,000	2,816,000

Cash flow annual history for Stride Inc (LRN).
Cash Flow Statement (Annual)	2025-06-30	2024-06-30	2023-06-30	2022-06-30	2021-06-30
Operating Activities
Net Income	287,941,000	204,183,000	126,867,000	107,130,000	71,451,000
Depreciation & Amortization	114,669,000	110,358,000	110,358,000	97,914,000	90,077,000
Stock Based Compensation	36,794,000	32,300,000	20,320,000	18,570,000	39,333,000
Change in Working Capital	-76,866,000	-109,000,000	-67,539,000	-64,925,000	-117,774,000
Operating Cash Flow	432,816,000	278,797,000	203,150,000	206,884,000	134,150,000
Investing Activities
Capital Expenditure	-60,010,000	-61,589,000	-66,548,000	-67,626,000	-52,263,000
Investments	-1,781,000	-2,270,000	-66,548,000	-67,626,000	-3,567,000
Investing Cash Flow	-87,995,000	-139,871,000	-118,240,000	-110,758,000	-165,443,000
Financing Activities
Debt Repayment	-41,469,000	-40,919,000	-42,956,000	-33,011,000	-124,315,000
Common Stock Issued/Repurchased	-21,469,000	-8,200,000	-13,521,000	-37,441,000	-9,228,000
Dividends Paid	0	0	0	-414,000	0
Financing Cash Flow	-62,938,000	-49,119,000	-63,501,000	-93,310,000	204,576,000
Summary
Free Cash Flow	372,806,000	217,208,000	136,602,000	139,258,000	81,887,000
Net Change in Cash	281,883,000	89,807,000	21,409,000	2,816,000	173,283,000