Stride, Inc. (LRN) FY2026 Annual P&L / Income Statement

Revenue by Product and Service

2025-07-01 to 2026-06-30

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Stride, Inc. (LRN) FY2026 Annual P&L / Income StatementIncome statement for 2025-07-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETGeneral EducationMiddle - High SchoolAdultRevenuesGross marginInstructional costs and servicesIncome from operationsOperating expenses (calculated)Selling, general, and administrative expensesIncome before income taxes and income (loss) from equity method investmentsOther income (expense), net (calculated)Net income attributable to common stockholdersIncome tax expenseIncome (loss) from equity method investmentsRevenuesRevenues$2.52 BGross marginGross margin$950.60 MIncome from operationsIncome from operations$450.77 MIncome before income taxes and income (loss) from equity method investmentsPretax income$441.16 MNet income attributable to common stockholdersNet incomeattributable tocommon stockholders$338.19 MGeneral EducationGeneral Education$1.42 BOperating expenses (calculated)Operating expenses(calculated)$499.83 MIncome tax expenseIncome tax expense$102.77 MInstructional costs and servicesInstructional costsand services$1.57 BSelling, general, and administrative expensesSelling, general, andadministrative expenses$499.83 MOther income (expense), net (calculated)Other income,net (calculated)−$9.61 MIncome (loss) from equity method investmentsIncome (loss)from equity methodinvestments−$205.00 KMiddle - High SchoolMiddle - High School$1.04 BAdultAdult$56.57 M
Chart details

Stride, Inc. (LRN) FY2026 Annual P&L / Income Statement

Income statement for 2025-07-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenues
2,518,081,000 US dollars
Instructional costs and services
1,567,481,000 US dollars
Gross margin
950,600,000 US dollars
Operating expenses (calculated)
499,833,000 US dollars
Income from operations
450,767,000 US dollars
Other income (expense), net (calculated)
negative 9,605,000 US dollars
Income before income taxes and income (loss) from equity method investments
441,162,000 US dollars
Income tax expense
102,765,000 US dollars
Net income attributable to common stockholders
338,192,000 US dollars
Middle - High School
1,043,726,000 US dollars
Adult
56,570,000 US dollars
General Education
1,417,785,000 US dollars
Selling, general, and administrative expenses
499,833,000 US dollars
Income (loss) from equity method investments
negative 205,000 US dollars. Reported below-tax contribution to net income.

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
Stride, Inc. (LRN) FY2026 Annual P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

37.8%

Gross profit / revenue

Operating margin

17.9%

Operating profit / revenue

Cash conversion

128.3%

Operating cash / net income, same period

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