Stride Inc

Stride Inc

LRN · NYSE · Consumer Defensive / Education & Training Services

75.82USD+0.53 (+0.70%)

Price History

Full chart

Market Stats

Previous Close75.29
Open75.81
Day Range75.16 – 76.89
52-Week Range60.61 – 103.67
Volume630.10K
Market Cap3.15B
P/E (TTM)10.34
Forward P/E8.39
EPS7.25
Dividend Yield0.00%
Beta0.15
50-Day Avg80.55
200-Day Avg86.10

About

Stride, Inc., a technology company, provides an educational platform to deliver proprietary and third-party curriculum, software systems, and educational services in the United States. The company offers online coursework and content in software engineering, healthcare, and medical fields, as well as state customized versions of those courses, electives, and instructional supports; end-to-end platform includes single sign-on capability for content management, learning management, student information, data reporting and analytics, and various support systems that provides an educational experience for students; and stand-alone products and services which can provide curriculum and content hosting on customers' learning management systems, or integration with customers' student information systems. It also provides instructional services that includes customer support for instructional teams comprising recruitment of state-certified teachers, training in research-based online instruction methods and Stride systems, oversight and evaluation services, and ongoing professional development; training options, such as hands-on training, on-demand courses, and support materials. In addition, the company offers support services, including marketing and enrollment, supporting prospective students through the admission process, assessment management, administrative support, technology, and materials support services. The company provides its products and services through virtual schools, traditional school districts, and consumer. It serves public and private schools, school districts, and charter boards, as well as employers, government agencies, and consumers. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. The company was incorporated in 1999 and is headquartered in Reston, Virginia.

Company Details

  • SectorConsumer Defensive
  • IndustryEducation & Training Services
  • CEOMr. Robert E. Knowling Jr.
  • Employees9.20K
  • Headquarters11720 Plaza America Drive, Reston, VA, United States, 20190, USA
  • Websitehttps://stridelearning.com

Leadership

  • Mr. Robert E. Knowling Jr.CEO & Director · b. 1955
  • Mr. Greerson G. McMullen Sr., J.D.Executive VP, General Counsel & Secretary · b. 1963
  • Mr. Todd GoldthwaiteChief Revenue Officer · b. 1970
  • Ms. Darlene WilliamsChief Information Officer
  • Mr. Timothy CaseyVice President of Investor Relations
  • Ms. Niyoka McCoyChief Academic & Public Affairs Officer
  • Ms. Valerie A. MaddySenior VP & Chief Human Resources Officer
  • Dr. Charles A. BennettPresident of Schools
  • Ms. Janice GrunebergExecutive Vice President of Superintendent of Schools
  • Ms. Vida WilliamsChief Product & AI Officer

Financials

Income Statement

Currency: USD2004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue71.43M85.31M116.90M140.56M226.24M315.57M384.47M522.43M708.41M848.22M919.55M948.29M872.70M888.52M917.73M1.02B1.04B1.54B1.69B1.84B2.04B2.41B2.52B
Growth (%)-+19.42%+37.03%+20.23%+60.96%+39.49%+21.83%+35.88%+35.60%+19.74%+8.41%+3.13%-7.97%+1.81%+3.29%+10.68%+2.46%+47.66%+9.75%+8.93%+11.03%+17.90%+4.69%
Cost of Revenue39.94M49.13M64.83M76.06M131.28M196.98M222.03M307.11M417.00M498.40M569.22M607.76M546.51M557.32M592.50M663.44M693.23M1.00B1.09B1.19B1.28B1.46B1.57B
Gross Profit31.49M36.18M52.07M64.49M94.95M118.60M162.44M215.32M299.85M349.82M350.33M340.54M326.19M331.20M325.24M352.31M347.53M534.90M596.48M647.07M763.60M943.92M950.60M
Gross Margin44.08%42.41%44.55%45.88%41.97%37.58%42.25%41.22%42.33%41.24%38.10%35.91%37.38%37.28%35.44%34.69%33.39%34.81%35.36%35.22%37.43%39.24%37.75%
Operating Expense38.41M39.44M50.23M59.77M81.94M96.26M126.97M191.11M270.87M304.12M327.48M322.11M312.28M318.07M299.69M306.83M315.08M424.44M439.85M481.57M514.00M583.83M499.83M
Operating Income-6.92M-3.26M1.85M4.72M13.01M22.34M35.47M24.21M28.98M45.71M22.86M18.43M13.91M13.13M25.55M45.49M32.46M110.46M156.63M165.50M249.60M360.09M450.77M
Operating Margin-9.68%-3.82%1.58%3.36%5.75%7.08%9.22%4.63%4.09%5.39%2.49%1.94%1.59%1.48%2.78%4.48%3.12%7.19%9.29%9.01%12.23%14.97%17.90%
EBITDA-1.99M2.25M6.83M12.13M25.58M43.17M61.23M67.15M87.01M111.44M115.53M98.71M82.14M87.41M100.81M116.89M104.55M203.36M254.54M291.31M386.18M508.39M579.50M
EBITDA Margin-2.79%2.64%5.84%8.63%11.31%13.68%15.93%12.85%12.28%13.14%12.56%10.41%9.41%9.84%10.98%11.51%10.05%13.23%15.09%15.85%18.93%21.14%23.01%
Net Income-7.43M-3.54M1.36M3.87M33.77M12.31M21.52M12.79M17.54M28.11M19.60M10.99M9.04M451.00K27.62M37.21M24.51M71.45M107.13M126.87M204.18M287.94M338.19M
Net Income Margin-10.40%-4.15%1.16%2.75%14.93%3.90%5.60%2.45%2.48%3.31%2.13%1.16%1.04%0.05%3.01%3.66%2.35%4.65%6.35%6.90%10.01%11.97%13.43%
R&D12.75M9.41M8.57M8.61M9.55M9.57M9.58M16.35M25.59M21.08M14.22M14.38M10.07M12.46M9.25M9.48M9.70M3.70M7.50M15.50M76.70M79.20M-
R&D as % of Total Revenue17.85%11.03%7.33%6.13%4.22%3.03%2.49%3.13%3.61%2.49%1.55%1.52%1.15%1.40%1.01%0.93%0.93%0.24%0.44%0.84%3.76%3.29%-
Interest Expense516.00K279.00K488.00K0295.00K982.00K1.33M1.21M989.00K1.15M69.00K91.00K617.00K1.81M965.00K2.24M590.00K17.98M8.28M8.40M8.81M10.50M11.78M
Interest Expense % of Total Revenue0.72%0.33%0.42%0.00%0.13%0.31%0.35%0.23%0.14%0.14%0.01%0.01%0.07%0.20%0.11%0.22%0.06%1.17%0.49%0.46%0.43%0.44%0.47%

Balance Sheet

Currency: USD2004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets-41.97M48.48M61.21M197.32M240.68M307.88M582.10M648.84M718.90M711.67M708.60M734.05M735.28M741.96M819.61M1.07B1.58B1.64B1.76B1.92B2.29B2.44B
Total Liabilities-15.99M221.94M259.02M47.04M53.98M64.52M112.15M171.19M185.14M182.74M171.66M175.34M160.94M154.77M186.24M397.93M772.65M830.96M813.37M744.44M814.34M803.22M
Total Equity--150.30M-173.45M-197.81M150.29M182.29M221.85M448.62M473.49M530.16M528.93M536.94M558.72M574.35M587.19M633.37M675.33M804.65M812.58M947.30M1.18B1.48B1.63B
Cash-19.95M9.47M1.66M71.68M49.46M81.75M193.10M144.65M181.48M196.11M195.85M213.99M230.86M231.11M283.12M212.30M386.08M389.40M410.81M500.61M782.50M754.50M
Total Debt-4.47M4.03M10.21M13.16M22.40M20.61M24.21M33.00M35.89M36.94M29.66M23.13M21.91M26.02M24.65M235.17M466.28M565.67M543.81M528.21M549.76M545.98M
Net Debt--15.49M-5.45M8.55M-58.52M-27.06M-61.14M-168.89M-111.66M-145.59M-159.17M-166.19M-190.86M-208.96M-205.09M-258.47M22.87M80.20M176.27M133.00M27.60M-232.74M-208.52M

Cash Flow

Currency: USD2004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow-8.02M9.70M3.63M5.56M15.53M-6.86M55.52M67.21M32.99M94.39M123.48M120.08M121.78M88.73M105.45M141.61M80.42M134.15M206.88M203.15M278.80M432.82M433.81M
Investing Cash Flow-5.43M-8.48M-11.50M-14.05M-18.51M-30.39M-25.10M-83.03M-61.24M-50.34M-45.80M-68.25M-82.85M-57.20M-50.48M-61.11M-217.37M-165.44M-110.76M-118.24M-139.87M-88.00M-179.83M
Financing Cash Flow21.61M2.85M-2.61M671.00K73.00M15.02M1.87M127.14M-19.77M-7.31M-64.01M-50.39M-20.78M-14.64M-52.72M-28.99M65.63M204.58M-93.31M-63.50M-49.12M-62.94M-281.98M
Capital Expenditure5.43M8.48M11.50M14.05M18.39M13.96M10.36M29.56M32.48M50.34M7.41M61.74M62.90M2.17M8.74M48.41M45.00M52.26M67.63M66.55M61.59M60.01M78.85M
Free Cash Flow-13.45M1.22M-7.87M-8.49M-2.86M-20.81M45.17M37.65M514.00K44.95M74.11M58.34M58.88M40.50M62.24M93.20M35.42M81.89M139.26M136.60M217.21M372.81M354.97M
Dividends Paid----6.41M--31.92M00000006.93M64.00K748.00K414.00K13.52M---
FCF to OCF167.76%12.56%-217.16%-152.54%-18.42%303.57%81.35%56.02%1.56%47.62%60.02%48.59%48.35%45.65%59.03%65.82%44.04%61.04%67.31%67.24%77.91%86.13%81.82%
Dividend Paid to FCF-----223.91%--84.79%0.00%0.00%0.00%0.00%0.00%0.00%0.00%7.43%0.18%0.91%0.30%9.90%---

Earnings

Report DateFeb 14, 2008May 8, 2008Sep 8, 2008Nov 13, 2008Feb 9, 2009May 8, 2009Sep 9, 2009Nov 6, 2009Feb 5, 2010May 10, 2010Sep 13, 2010Nov 9, 2010Feb 9, 2011May 10, 2011Nov 15, 2011Feb 7, 2012May 8, 2012Sep 12, 2012Nov 9, 2012Feb 5, 2013May 3, 2013Aug 29, 2013Nov 7, 2013Feb 4, 2014Apr 29, 2014Aug 14, 2014Oct 30, 2014Jan 29, 2015Apr 28, 2015Aug 4, 2015Oct 27, 2015Jan 28, 2016Apr 27, 2016Aug 9, 2016Oct 26, 2016Jan 26, 2017Apr 27, 2017Aug 8, 2017Oct 26, 2017Jan 25, 2018Apr 24, 2018Aug 7, 2018Oct 23, 2018Jan 22, 2019Apr 23, 2019Aug 6, 2019Oct 22, 2019Jan 27, 2020Apr 27, 2020Aug 11, 2020Oct 26, 2020Jan 26, 2021Apr 20, 2021Aug 10, 2021Oct 19, 2021Jan 25, 2022Apr 19, 2022Aug 9, 2022Oct 25, 2022Jan 24, 2023Apr 25, 2023Aug 15, 2023Oct 24, 2023Jan 23, 2024Apr 23, 2024Aug 6, 2024Oct 22, 2024Jan 28, 2025Apr 29, 2025Aug 5, 2025Oct 28, 2025Jan 27, 2026Apr 28, 2026Aug 4, 2026Oct 20, 2026Oct 27, 2026
EPS Estimate0.050.06-0.050.170.100.11-0.020.230.150.12-0.070.300.280.220.230.260.21-0.030.130.220.230.03-0.130.340.380.22-0.220.280.370.10-0.300.220.320.13-0.340.270.240.05-0.360.230.340.12-0.300.560.370.02-0.200.520.200.03-0.240.570.550.15-0.070.820.880.64-0.141.041.060.87-0.301.351.471.310.272.032.151.891.262.322.211.891.301.30
EPS Actual0.060.09-0.010.140.120.12-0.020.240.320.20-0.040.070.230.160.120.110.180.050.110.240.310.06-0.130.360.400.22-0.180.330.450.18-0.340.230.370.09-0.360.300.420.09-0.210.330.320.23-0.220.590.440.08-0.250.520.220.120.300.600.570.25-0.151.001.020.66-0.541.191.301.010.111.541.601.420.942.032.022.291.522.502.302.121.37-
Surprise20.00%50.00%80.00%-17.65%20.00%9.09%0.00%4.35%113.33%66.67%42.86%-76.67%-17.86%-27.27%-47.83%-57.69%-14.29%266.67%-15.38%9.09%34.78%100.00%0.00%5.88%5.26%0.00%18.18%17.86%21.62%80.00%-13.33%4.55%15.63%-30.77%-5.88%11.11%75.00%80.00%41.67%43.48%-5.88%91.67%26.67%5.36%18.92%300.00%-25.00%0.00%10.00%300.00%225.00%5.26%3.64%66.67%-114.29%21.95%15.91%3.13%-285.71%14.42%22.64%16.09%136.67%14.07%8.84%8.40%248.15%0.00%-6.05%21.16%20.63%7.76%4.07%12.17%5.38%-
TimingAfter-hoursAfter-hours-After-hoursAfter-hoursPre-market-Pre-marketPre-marketAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.15B
Enterprise Value2.98B
Trailing P/E10.34
Forward P/E8.39
PEG Ratio0.42
Price / Sales1.24
Price / Book1.89
EPS7.25
Book Value40.35
Revenue (TTM)2.54B
Gross Profit (TTM)950.19M
EBITDA530.59M
Profit Margin13.18%
Operating Margin13.62%
Return on Equity20.90%
Return on Assets11.99%
Shares Outstanding42.05M
Shares Float36.45M
Beta0.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 3 analystsTarget 102.50
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
115.11%
Insiders
6.70%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    6.44M15.31%
  • Vanguard Portfolio Management, LLC
    2.37M5.64%
  • Jupiter Topco LLC
    2.32M5.51%
  • Dimensional Fund Advisors, Inc.
    2.09M4.98%
  • Vanguard Capital Management, LLC
    1.84M4.37%
  • State Street Corp
    1.66M3.95%
  • Impactive Capital LP
    1.30M3.10%
  • Morgan Stanley - Brokerage Accounts
    1.30M3.08%
  • Frontier Capital Management CO Inc
    1.19M2.83%
  • Geode Capital Management, LLC
    1.10M2.63%
  • Principal Financial Group Inc
    973.66K2.32%
  • Swedbank AB
    972.87K2.31%
  • Voss Capital LLC
    885.61K2.11%
  • William Blair Investment Management, LLC
    823.70K1.96%
  • Amvescap Plc.
    779.77K1.85%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.48M5.89%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.23M2.92%
  • iShares Russell 2000 ETF
    1.07M2.54%
  • Vanguard Small Cap Index
    889.09K2.11%
  • Avantis US Small Cap Value ETF
    782.32K1.86%