Stride, Inc. Q1 Fiscal 2026 Earnings Release

Stride, Inc. (NYSE: LRN) announced its financial results for the first quarter of fiscal year 2026, ending September 30, 2025. The company reported a significant increase in revenue, which rose to $620.9 million from $551.1 million in the same period last year. Net income also saw a substantial increase, reaching $68.8 million compared to $40.9 million in the previous year. Diluted net income per share was $1.40, up from $0.94. Adjusted operating income and adjusted EBITDA also showed strong growth, reaching $81.1 million and $108.4 million, respectively. The company highlighted strong demand in its General Education and Career Learning segments, with enrollments increasing by 11.3% year-over-year. Stride provided an optimistic outlook for fiscal year 2026, forecasting revenue in the range of $2.480 billion to $2.555 billion and adjusted operating income between $475 million and $500 million.