Stride, Inc.

Stride, Inc.

LRNยทNYSE

$99.63

+3.2%
Consumer DefensiveEducation & Training Services

Stride, Inc., a technology-based education service company, provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, and support students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. Stride, Inc. serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia.

At a Glance

Live Snapshot
Market Cap$4.24B
EPS6.6900
P/E Ratio14.89
Earnings Date08/04/2026
3Y+109.0%
5Y+438.0%
10Y+255.0%
3Y-21.0%
5Y-60.0%
10Y+6.0%
3Y-33.0%
5Y-196.0%
10Y+203.0%
LRN

Stride, Inc. Cash Conversion Engine

LRN ยท NYSE
Net Income287.94M
Depreciation & Amortization114.67M
Stock-Based Compensation36.79M
Change in Working Capital-76.87M
Others88.06M
Capital Expenditures-60.01M
Free Cash Flow372.81M

Cash Flow Quality Analysis

FCF Conversion Rate

129.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

13.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+71.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$76.87M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Stride, Inc. Cash Flow Statement

LRN โ€ข NYSE

Stride, Inc. Cash Flow StatementJun 2025Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010Jun 2009Jun 2008Jun 2007Jun 2006
OPERATING ACTIVITIES
287.9M
204.2M
126.9M
107.1M
71.5M
24.5M
37.2M
27.4M
-459K
8.6M
9.3M
18.1M
26.5M
16.1M
11.7M
21.5M
12.3M
33.8M
3.9M
1.4M
114.7M
109.7M
110.4M
97.9M
90.1M
72.1M
71.4M
75.3M
74.3M
68.2M
83.8M
86.3M
65.7M
58M
42.9M
25.8M
20.8M
12.6M
7.4M
5M
-17.8M
2.9M
-10.4M
1.2M
2.5M
-1.3M
3.7M
-4M
-7.1M
-3.8M
-3.1M
-7.2M
15.8M
10.3M
11M
11.9M
9.6M
-21.1M
0.0
0.0
36.8M
31.5M
20.3M
18.6M
39.3M
23.6M
16.7M
20.8M
22.6M
18.6M
21.3M
22.8M
14.4M
10.1M
9.5M
5.9M
2.8M
0.0
0.0
0.0
88.1M
39.6M
23.5M
47M
48.5M
22.5M
10.3M
8.9M
18.8M
7.7M
13.4M
-2.3M
-5.9M
6M
-2.2M
-3.4M
-6.8M
2.9M
-587K
222K
(67.9M)
(85.2M)
(37.1M)
(36M)
(0.0)
(0.0)
(0.0)
(12.2M)
(0.0)
(1.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-76.9M
-109M
-67.5M
-64.9M
-117.8M
-60.9M
2.3M
-22.9M
-19.4M
22.5M
-4.6M
5.7M
-22.2M
-67.5M
-5.6M
-6.1M
-45.5M
-12.6M
-5.1M
-2.9M
432.8M
278.8M
203.2M
206.9M
134.2M
80.4M
141.6M
105.4M
88.7M
121.8M
120.1M
123.5M
94.4M
33M
67.2M
55.5M
-6.9M
15.5M
5.6M
3.6M
INVESTING ACTIVITIES
-1.8M
-2.3M
-5.7M
-9.7M
-3.6M
-1.7M
-5.5M
-8.7M
-2.2M
-5M
-9.9M
-7.4M
-8.3M
-32.5M
-29.6M
-24.3M
-14M
-18.4M
-14M
-11.5M
(0.0)
(0.0)
-1.7M
-3.9M
-71.1M
-168M
(0.0)
-7.3M
-9.1M
-20M
-6.5M
(0.0)
(0.0)
-12.6M
-25.4M
(0.0)
(0.0)
-119K
(0.0)
(0.0)
-260.2M
-277.6M
-140.6M
-84.7M
-40.5M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-16.1M
-10M
-13.9M
-13.9M
(0.0)
(0.0)
(0.0)
252.9M
204.5M
91.9M
45.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
28.8M
0.0
0.0
0.0
0.0
0.0
0.0
-78.9M
-64.5M
-62.2M
-57.9M
-50.2M
-47.7M
-55.6M
-34.5M
-46M
-57.9M
-51.8M
-38.4M
-42M
-28.8M
-18.1M
13.1M
-2.5M
0.0
0.0
0.0
-88M
-139.9M
-118.2M
-110.8M
-165.4M
-217.4M
-61.1M
-50.5M
-57.2M
-82.9M
-68.3M
-45.8M
-50.3M
-61.2M
-83M
-25.1M
-30.4M
-18.5M
-14M
-11.5M
FINANCING ACTIVITIES
-21.5M
-8.2M
-13.5M
-37.9M
-9.2M
0.0
0.0
-27.5M
0.0
-3.4M
-26.5M
-53.6M
-2.5M
-1.3M
124M
-58K
0.0
91M
292K
38K
-41.5M
-40.9M
-43M
-33M
284.3M
72.3M
-21M
-13.3M
-15.7M
-17.4M
-21.9M
-23.1M
-21.8M
-18.4M
-15.2M
-14M
-6.8M
-7.6M
-2M
-441K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-6.4M
(0.0)
(0.0)
-21.5M
-8.2M
-13.5M
-37.9M
-9.2M
(0.0)
-10M
-27.5M
-6.2M
-3.4M
-26.5M
-53.6M
-2.5M
-1.3M
-1.6M
-58K
(0.0)
(0.0)
(0.0)
(0.0)
0.0
0.0
-7M
-22.4M
-59.6M
-6.7M
-8M
-11.9M
1.1M
20K
671K
12.6M
17M
-55K
18.3M
15.9M
21.8M
-4M
2.3M
-2.2M
-62.9M
-49.1M
-63.5M
-93.3M
204.6M
65.6M
-29M
-52.7M
-14.6M
-20.8M
-50.4M
-64M
-7.3M
-19.8M
127.1M
1.9M
15M
73M
671K
-2.6M
CASH FLOW SUMMARY
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-11K
-12K
-1.7M
962K
92K
-430K
28K
0.0
0.0
0.0
0.0
0.0
281.9M
89.8M
21.4M
2.8M
173.3M
-71.3M
51.5M
2.2M
16.9M
18.1M
-257K
14.6M
36.8M
-48.4M
111.3M
32.3M
-22.2M
70M
-7.8M
-10.5M
500.6M
410.8M
389.4M
386.6M
213.3M
284.6M
233.1M
230.9M
214M
195.9M
196.1M
181.5M
144.7M
193.1M
81.8M
49.5M
71.7M
1.7M
9.5M
20M
782.5M
500.6M
410.8M
389.4M
386.6M
213.3M
284.6M
233.1M
230.9M
214M
195.9M
196.1M
181.5M
144.7M
193.1M
81.8M
49.5M
71.7M
1.7M
9.5M
372.8M
217.2M
136.6M
139.3M
81.9M
35.4M
93.2M
62.2M
40.5M
58.9M
58.3M
74.1M
44.9M
514K
37.7M
45.2M
-20.8M
-2.9M
-8.5M
-7.9M

SEC Filings

LRN - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 28, 2026
April 28, 2026
2026
10-Q

10-Q 2025 Q4

Q4

January 28, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 27, 2026
January 27, 2026
2026
8-K

8-K 2025

N/A

December 10, 2025
December 04, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
November 03, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 28, 2025
October 28, 2025
2025
DEF 14A

DEF 14A 2025

N/A

October 24, 2025
December 04, 2025
2025
8-K

8-K 2025

N/A

September 19, 2025
September 16, 2025
2025
Showing 1 to 10 of 297 filings