Stride, Inc. income statement
In fiscal 2026, Stride, Inc. reported revenue of $2.52bn, up 4.7% on the year before, operating income of $451m (a 17.9% margin) and net income of $338m, or $7.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 384 | 522 | 708 | 848 | 920 | 948 | 873 | 889 | 918 | 1,016 | 1,041 | 1,537 | 1,687 | 1,837 | 2,040 | 2,405 | 2,518 | 2,537 |
| Cost of revenue | — | — | — | — | — | — | — | 557 | 592 | 663 | 693 | 1,002 | 1,090 | 1,190 | 1,276 | 1,461 | 1,567 | 1,587 |
| Gross profit | — | — | — | — | — | — | — | 331 | 325 | 352 | 348 | 535 | 596 | 647 | 764 | 944 | 951 | 950 |
| Research and development | 10 | 16 | 26 | 21 | 14 | 14 | 10 | 12 | 9 | 10 | 10 | 4 | 8 | 16 | 17 | 17 | 22 | — |
| Selling, general and administrative | 117 | 175 | 245 | 283 | 313 | 308 | 302 | 306 | 300 | 307 | 315 | 424 | 440 | 482 | 514 | 524 | 500 | 484 |
| Operating income | 35 | 24 | 29 | 46 | 23 | 18 | 14 | 13 | 26 | 45 | 32 | 110 | 157 | 165 | 250 | 360 | 451 | 466 |
| Net interest income | −1 | −1 | −1 | 1 | −0 | −0 | −1 | 2 | 1 | — | — | — | — | — | — | — | — | — |
| Income before tax | 34 | 23 | 28 | 47 | 29 | 15 | 13 | 5 | 27 | 48 | 33 | 96 | 147 | 172 | 269 | 381 | 441 | 441 |
| Income tax | 13 | 11 | 12 | 20 | 11 | 6 | 5 | 5 | −1 | 11 | 9 | 25 | 40 | 45 | 64 | 93 | 103 | 106 |
| Net income | 22 | 13 | 18 | 28 | 20 | 11 | 9 | 0 | 28 | 37 | 25 | 71 | 107 | 127 | 204 | 288 | 338 | 334 |
| Diluted EPS | $0.71 | $0.37 | $0.45 | $0.72 | $0.50 | $0.29 | $0.23 | $0.01 | $0.68 | $0.91 | $0.60 | $1.71 | $2.52 | $2.97 | $4.69 | $5.95 | $7.14 | $7.23 |
| Diluted shares (average) | 30m | 35m | 39m | 39m | 39m | 38m | 39m | 40m | 41m | 41m | 41m | 42m | 42m | 43m | 44m | 48m | 47m | 46m |
| EBITDA | 61 | 67 | 87 | 111 | 109 | 99 | 82 | 87 | 101 | 117 | 105 | 201 | 255 | 276 | 359 | 475 | 577 | 598 |
| Quarter | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 | 2027 Q1Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 587 | 613 | 654 | 621 | 631 | 630 | 636 | 639 |
| Cost of revenue | 347 | 364 | 415 | 379 | 372 | 398 | 419 | 398 |
| Gross profit | 240 | 249 | 239 | 242 | 260 | 232 | 217 | 241 |
| Selling, general and administrative | 115 | 119 | 123 | 173 | 113 | 102 | 111 | 157 |
| Operating income | 125 | 131 | 57 | 69 | 147 | 129 | 106 | 84 |
| Income before tax | 130 | 135 | 62 | 83 | 133 | 121 | 104 | 83 |
| Income tax | 33 | 35 | 13 | 14 | 34 | 32 | 23 | 18 |
| Net income | 96 | 99 | 51 | 69 | 99 | 89 | 81 | 65 |
| Diluted EPS | $2.03 | $2.02 | $1.00 | $1.40 | $2.12 | $1.93 | $1.75 | $1.45 |
| EBITDA | 152 | 160 | 87 | 98 | 178 | 162 | 140 | 119 |
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