Stride Inc. Reports Record Fiscal Year 2025 Results

Stride, Inc., a leading technology-based education company, has announced its financial results for the fourth quarter and full fiscal year ending June 30, 2025. The company has achieved significant growth across various financial metrics, reflecting strong demand trends and operational efficiency.

Financial Highlights

For the fiscal year 2025, Stride reported:

• Revenue of $2.41 billion, up 17.9% from $2.04 billion in 2024.
• Income from operations of $360.1 million, a 44.3% increase from $249.6 million in 2024.
• Net income of $287.9 million, up 41.0% from $204.2 million in 2024.
• Diluted net income per share of $5.95, compared to $4.69 in 2024.
• Adjusted operating income of $466.2 million, a 58.6% increase from $293.9 million in 2024.
• Adjusted EBITDA of $571.0 million, up 46.1% from $390.7 million in 2024.
• Adjusted earnings per share of $8.10, compared to $5.49 in 2024.

Business and Operational Highlights

Stride's business performance was bolstered by strong enrollment numbers and revenue growth across its segments:

• General Education revenue increased by 12.4% to $1.45 billion.
• Career Learning revenue surged by 27.4% to $956.6 million.
• Full year enrollments averaged 234.0K, up 20.4% from 194.3K in 2024.
• Career Learning enrollments increased by 32.5% to 96.3K.

Strategic Initiatives and Corporate Developments

Stride has made significant strides in its strategic initiatives:

• Capital expenditures for the fiscal year were $60.0 million, focused on property, software development, and curriculum development.
• The company ended the fiscal year with $1.01 billion in cash and cash equivalents and marketable securities, up from $714.2 million in 2024.

Management's Perspective

Management expressed confidence in the company's performance and future prospects, highlighting the strong demand trends and operational efficiencies that have driven growth. The leadership emphasized their commitment to continuing to innovate and expand their educational offerings.

Future Outlook

Stride anticipates continued momentum into fiscal year 2026, supported by robust demand trends and strategic investments in technology and curriculum development. The company remains focused on expanding its market reach and enhancing its educational services.

SEC Filing: Stride, Inc. [ LRN ] - 8-K - Aug. 05, 2025