tradmap

LRN Financials Stride, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 10.4% per year over the past 5 years.
  • Net income has grown faster than revenue (36.5% vs 10.4% per year).
  • Operating margin has expanded, at 17.9% in the latest year.
  • Free cash flow has grown 27.1% per year over the past 5 years.

Financial health

  • The company holds more cash ($755M) than total debt ($418M).
  • Total debt has grown slower than revenue (6.9% vs 10.4% per year).
  • Total debt is 0.7× EBITDA.
Revenue & net income
$0 $1B $3B 2012 2014 2016 2018 2020 2022 2024 2026
RevenueNet income
Margins (gross / operating / net)
0% 20% 39% 2012 2014 2016 2018 2020 2022 2024 2026
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 10% 21% 2012 2014 2016 2018 2020 2022 2024 2026
ROEROA
Free cash flow (CFO − capex)
$0 $217M $433M 2012 2014 2016 2018 2020 2022 2024 2026
Free cash flow
Cash vs total debt
$0 $391M $782M 2012 2014 2016 2018 2020 2022 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$282M $76M $434M $0 2012 2014 2016 2018 2020 2022 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $2.5B $338M 37.8% 17.9% 20.7% 13.9% $433M $418M $755M
2025 $2.4B $288M 39.2% 15.0% 19.5% 12.6% $431M $416M $782M
2024 $2.0B $204M 37.4% 12.2% 17.4% 10.6% $277M $415M $501M
2023 $1.8B $127M 35.2% 9.0% 13.4% 7.2% $199M $413M $411M
2022 $1.7B $107M 35.4% 9.3% 13.2% 6.5% $197M $411M $389M
2021 $1.5B $71M 34.8% 7.2% 8.9% 4.5% $131M $299M $386M
2020 $1.0B $25M 33.4% 3.1% 3.6% 2.3% $79M $212M
2019 $37M 5.9% 4.5% $136M $283M
2018 $28M 4.7% 3.7% $97M $231M
2017 $451000 0.1% 0.1% $87M $231M
2016 $9M 1.6% 1.2% $117M $214M
2015 $11M 2.0% 1.6% $110M $196M
2014 $20M 3.7% 2.8% $196M
2013 $28M 5.3% 3.9% $181M
2012 $18M 3.7% 2.7% $145M

Valuation over time

How the market has priced LRN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 15.4 30.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 1.5 3.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is LRN growing its revenue and profit?

Over the past 5 years, Stride, Inc.'s revenue has grown 10.4% per year, and net income grown 36.5% per year. These are computed facts, not advice.

How much debt does LRN have?

As of FY2026, Stride, Inc. reported $418M of total debt against $755M of cash.

What is LRN's profit margin?

In FY2026, gross margin was 37.8%, operating margin 17.9%, and net margin 13.4%.

What is LRN's P/E ratio?

As of Sep '26, Stride, Inc. traded at a price-to-earnings ratio of about 10.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.