LRN · XBRL financial data

Stride financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LRN's year ends in late June)

In millions of dollars	FY 2021Jun 30, 2021	FY 2022Jun 30, 2022	FY 2023Jun 30, 2023	FY 2024Jun 30, 2024	FY 2025Jun 30, 2025	FY 2026Jun 30, 2026
Revenue from contracts with customers	1,537	1,687	1,837	2,040	2,405	2,518
Cost of goods and services sold	1,002	1,090	1,190	1,276	1,461	1,567
Gross profit	535	596	647	764	944	951
Research and development	4	8	16	17	17	22
Selling, general and administrative	424	440	482	514	524	500
Operating income (loss)	110	157	165	250	360	451
Other income (expense)	3	(1)	15	27	34	2
Income tax expense (benefit)	25	40	45	64	93	103
Net income (loss)	71	107	127	204	288	338
Earnings per share, basic USD per share	1.78	2.58	3.00	4.79	6.69	7.92
Earnings per share, diluted USD per share	1.71	2.52	2.97	4.69	5.95	7.14
Weighted average shares, basic millions of shares	40	41	42	43	43	43
Weighted average shares, diluted millions of shares	42	42	43	44	48	47

Fiscal years (LRN's year ends in late June)

In millions of dollars	FY 2021Jun 30, 2021	FY 2022Jun 30, 2022	FY 2023Jun 30, 2023	FY 2024Jun 30, 2024	FY 2025Jun 30, 2025	FY 2026Jun 30, 2026
Cash and cash equivalents	386	389	411	501	782	755
Marketable securities	—	—	112	192	203	203
Accounts receivable	369	419	464	473	560	665
Inventory	40	36	37	37	38	38
Total current assets	858	951	1,065	1,245	1,633	1,716
Property and equipment, net	72	62	52	51	79	102
Right-of-use asset	95	85	70	55	16	7
Goodwill	240	241	247	247	247	247
Total assets	1,577	1,644	1,761	1,920	2,294	2,436
Accounts payable	62	62	49	41	44	47
Accrued liabilities	78	63	77	61	103	95
Total current liabilities	306	302	309	244	303	289
Long-term debt	299	411	413	415	416	418
Lease liability, non-current	77	75	59	45	35	8
Total liabilities	773	831	813	744	814	803
Retained earnings	112	227	354	559	846	1,185
Total stockholders' equity	805	813	947	1,176	1,480	1,632
Total liabilities and equity	1,577	1,644	1,761	1,920	2,294	2,436
Common shares outstanding (cover page) millions of shares	42	43	43	43	44	42

Fiscal years (LRN's year ends in late June)

In millions of dollars	FY 2021Jun 30, 2021	FY 2022Jun 30, 2022	FY 2023Jun 30, 2023	FY 2024Jun 30, 2024	FY 2025Jun 30, 2025	FY 2026Jun 30, 2026
Net income (loss)	71	107	127	204	288	338
Stock-based compensation	39	19	20	31	37	40
Depreciation and amortization	90	98	110	110	115	127
Net cash from operating activities	134	207	203	279	433	434
Purchases of property and equipment	4	10	4	2	2	1
Net cash from investing activities	(165)	(111)	(118)	(140)	(88)	(180)
Share repurchases	—	—	—	—	—	189
Net cash from financing activities	205	(93)	(64)	(49)	(63)	(282)
Net change in cash	173	3	21	90	282	(28)

SIC 8200 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 8200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Stride	548	639	(125)	42.0M	6.3 quarters	Q1 FY27 10-QSep 30, 2026
Strategic Education	124	337	29*	22.2M	—	Q2 FY26 10-QJun 30, 2026
Perdoceo Education	163	213	75*	62.6M	—	Q2 FY26 10-QJun 30, 2026
Laureate Education	190	485	152*	135.7M	—	Q3 FY26 10-QSep 30, 2026
Graham Holdings	154	1,326	160*	not reported	—	Q3 FY26 10-QSep 30, 2026
Universal Technical Institute	130	219	10*	55.1M	—	Q3 FY26 10-QJun 30, 2026
Covista	222	512	114	33.3M	—	Q1 FY27 10-QSep 30, 2026
Udemy	253	not reported	15	146.3M	—	Q1 FY26 10-QMar 31, 2026
Grand Canyon Education	171	264	109*	26.1M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.