Stride, Inc. ( (LRN) ) has released its Q4 earnings. Here is a breakdown of the information Stride, Inc. presented to its investors.
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Stride, Inc. is a leading technology-based education company providing a range of learning solutions across K-12, career, and adult education sectors, serving learners in all 50 states and over 100 countries.
Stride, Inc. reported a robust financial performance for the fiscal year ending June 30, 2025, with significant growth in revenue and net income. The company achieved record revenue of $2.4 billion, marking a 17.9% increase from the previous year, and net income rose by 41% to $287.9 million.
Key financial metrics highlighted Stride’s strong performance, with adjusted operating income increasing by 58.6% to $466.2 million and adjusted EBITDA rising by 46.1% to $571.0 million. The company’s Career Learning segment, particularly in middle and high school, showed substantial growth, with a 34.6% increase in revenue. Additionally, the company saw a 20.4% rise in full-year enrollments, driven by a 32.5% increase in Career Learning enrollments.
Despite incurring a one-time impairment charge of $59.5 million related to its Galvanize business, Stride’s financial health remains robust, with cash and cash equivalents totaling over $1 billion. The company continues to invest in capital expenditures, focusing on software and curriculum development.
Looking ahead, Stride, Inc. is poised to maintain its growth trajectory, supported by strong demand trends and strategic investments in its education solutions. The management remains optimistic about the company’s ability to capitalize on opportunities in the evolving education landscape.