Stride, Inc. (LRN) — Financial statements
Income statement, balance sheet, and cash flow for Stride, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,405↑17.9% | 2,040↑11.0% | 1,837↑8.9% | 1,687↑9.8% | 1,537 | |
| Cost of Revenue | 1,461↑14.5% | 1,276↑7.2% | 1,190↑9.2% | 1,090↑8.8% | 1,002 | |
| Gross Profit | 944↑23.6% | 764↑18.0% | 647↑8.5% | 596↑11.5% | 535 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 524↑2.0% | 514↑6.7% | 482↑9.5% | 440↑3.6% | 424 | |
| Other Expenses | 59 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 584↑13.6% | 514↑6.7% | 482↑9.5% | 440↑3.6% | 424 | |
| Total Costs & Expenses | 2,045↑14.2% | 1,790↑7.1% | 1,672↑9.3% | 1,530↑7.3% | 1,426 | |
| Operating Results | ||||||
| Operating Income | 360↑44.3% | 250↑50.8% | 165↑5.7% | 157↑41.8% | 110 | |
| Depreciation & Amortization | 115↑4.5% | 110↓0.6% | 110↑12.7% | 98↑8.7% | 90 | |
| EBITDA | 508↑31.6% | 386↑32.6% | 291↑15.0% | 253↑24.5% | 203 | |
| EBIT | 394↑42.4% | 277↑52.8% | 181↑16.5% | 155↑37.1% | 113 | |
| Interest & Other Income | ||||||
| Net Interest Income | -11↓19.2% | -9↓4.9% | -8↓1.5% | -8↑54.0% | -18 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 11↑19.2% | 9↑4.9% | 8↑1.5% | 8↓54.0% | 18 | |
| Non-Operating Income | -34↓25.0% | -27↓74.1% | -15↓1310.0% | 1↑145.1% | -3 | |
| Other Income / Expenses | 21↑9.4% | 19↑184.0% | 7↑171.3% | -9↑35.0% | -14 | |
| Income Before Tax | 381↑41.8% | 269↑56.0% | 172↑17.0% | 147↑53.4% | 96 | |
| Income Tax Expense | 93↑44.2% | 64↑42.2% | 45↑13.1% | 40↑63.4% | 25 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 288↑41.0% | 204↑60.9% | 127↑18.4% | 107↑49.9% | 71 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 288↑41.0% | 204↑60.9% | 127↑18.4% | 107↑49.9% | 71 | |
| Bottom-Line Net Income | 288↑41.0% | 204↑60.9% | 127↑18.4% | 107↑49.9% | 71 | |
| EPS (Basic) | 6.69↑39.7% | 4.79↑59.7% | 3.00↑16.3% | 2.58↑44.9% | 1.78 | |
| EPS (Diluted) | 5.95↑26.9% | 4.69↑57.9% | 2.97↑17.9% | 2.52↑47.4% | 1.71 | |
| Weighted Average Shares | 43↑1.0% | 43↑0.8% | 42↑2.0% | 41↑3.1% | 40 | |
| Weighted Average Diluted Shares | 48↑11.2% | 44↑1.9% | 43↑0.7% | 42↑1.4% | 42 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.