Stride Inc (LRN)

Consumer Defensive | Education Training Services
Income Statement (Quarterly) 2025-09-30 2025-03-31 2024-12-31 2024-09-30
Revenue 620,884,000 613,376,000 587,211,000 551,084,000
Cost of Revenue 378,761,000 364,086,000 347,353,000 335,231,000
Gross Profit 242,123,000 249,290,000 239,858,000 215,853,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 173,140,000 118,504,000 114,758,000 168,509,000
Operating Expenses 173,140,000 118,504,000 114,758,000 168,509,000
Operating Income 68,983,000 130,786,000 125,100,000 47,344,000
Interest Expense 3,075,000 0 2,670,000 2,353,000
Income Before Tax 54,377,000 135,359,000 129,760,000 53,769,000
Income Tax Expense -14,423,000 35,450,000 33,361,000 11,277,000
Net Income 68,800,000 99,346,000 96,393,000 40,882,000
Per Share
EPS 1.59 2.31 2.24 0.95
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 2,405,317,000 2,040,069,000 1,837,358,000 1,686,666,000 1,536,760,000
Cost of Revenue 1,461,398,000 1,276,466,000 1,190,288,000 1,090,191,000 1,001,860,000
Gross Profit 943,919,000 763,603,000 647,070,000 596,475,000 534,900,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 485,547,000 514,003,000 481,571,000 439,847,000 424,444,000
Operating Expenses 583,825,000 514,003,000 481,571,000 439,847,000 424,444,000
Operating Income 360,094,000 249,600,000 165,499,000 156,628,000 110,456,000
Interest Expense 10,504,000 8,812,000 8,404,000 -8,277,000 0
Income Before Tax 380,948,000 267,688,000 172,547,000 147,074,000 95,306,000
Income Tax Expense 93,007,000 64,482,000 45,346,000 40,088,000 24,539,000
Net Income 287,941,000 204,183,000 126,867,000 107,130,000 71,451,000
Per Share
EPS 6.69 4.79 3.00 2.58 1.78
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 782,497,000 500,614,000 410,807,000 389,398,000
Short Term Investments 202,769,000 191,672,000 111,900,000 63,000,000
Net Receivables 559,646,000 472,754,000 463,722,000 418,558,000
Inventory 37,570,000 36,748,000 36,716,000 36,003,000
Total Current Assets 1,632,734,000 1,245,446,000 1,065,199,000 950,534,000
Property Plant Equipment 94,542,000 105,359,000 121,840,000 146,994,000
Goodwill and Intangibles 398,801,000 442,142,000 455,699,000 452,071,000
Total Assets 2,293,959,000 1,920,465,000 1,760,666,000 1,643,545,000
Liabilities
Account Payables 43,962,000 40,970,000 48,854,000 61,997,000
Short Term Debt 53,707,000 83,788,000 50,070,000 50,219,000
Total Current Liabilities 302,879,000 244,280,000 309,135,000 302,073,000
Long Term Debt 496,053,000 486,319,000 493,738,000 515,453,000
Total Liabilities 814,340,000 744,440,000 813,370,000 830,964,000
Shareholders Equity
Retained Earnings 846,453,000 558,512,000 354,329,000 227,462,000
Total Shareholders Equity 1,479,619,000 1,176,025,000 947,296,000 812,581,000
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 782,497,000 500,614,000 410,807,000 389,398,000 386,080,000
Short Term Investments 202,769,000 191,672,000 111,900,000 63,000,000 0
Net Receivables 559,646,000 472,754,000 463,722,000 418,558,000 369,303,000
Inventory 37,570,000 36,748,000 36,716,000 36,003,000 39,690,000
Total Current Assets 1,632,734,000 1,245,446,000 1,065,199,000 950,534,000 857,530,000
Property Plant Equipment 94,542,000 105,359,000 121,840,000 146,994,000 166,740,000
Goodwill and Intangibles 398,801,000 442,142,000 455,699,000 452,071,000 447,537,000
Total Assets 2,293,959,000 1,920,465,000 1,760,666,000 1,643,545,000 1,577,317,000
Liabilities
Account Payables 43,962,000 40,970,000 48,854,000 61,997,000 62,144,000
Short Term Debt 53,707,000 83,788,000 50,070,000 50,219,000 47,985,000
Total Current Liabilities 302,879,000 244,280,000 309,135,000 302,073,000 306,244,000
Long Term Debt 496,053,000 486,319,000 493,738,000 515,453,000 418,297,000
Total Liabilities 814,340,000 744,440,000 813,370,000 830,964,000 772,649,000
Shareholders Equity
Retained Earnings 846,453,000 558,512,000 354,329,000 227,462,000 112,151,000
Total Shareholders Equity 1,479,619,000 1,176,025,000 947,296,000 812,581,000 804,648,000
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income 287,941,000 204,183,000 126,867,000 107,130,000
Depreciation & Amortization 114,669,000 110,358,000 110,358,000 97,914,000
Stock Based Compensation 37,500,000 32,300,000 20,320,000 18,570,000
Change in Working Capital -76,866,000 -109,000,000 -67,539,000 -64,925,000
Operating Cash Flow 432,816,000 278,797,000 203,150,000 206,884,000
Investing Activities
Capital Expenditure -1,781,000 -61,589,000 -66,548,000 -67,626,000
Investments -1,781,000 -2,270,000 -66,548,000 -67,626,000
Investing Cash Flow -87,995,000 -139,871,000 -118,240,000 -110,758,000
Financing Activities
Debt Repayment -41,469,000 -40,919,000 -42,956,000 -33,011,000
Common Stock Issued/Repurchased -21,469,000 -8,200,000 -13,521,000 -37,441,000
Dividends Paid 0 0 0 -414,000
Financing Cash Flow -62,938,000 -49,119,000 -63,501,000 -93,310,000
Summary
Free Cash Flow 431,035,000 217,208,000 136,602,000 139,258,000
Net Change in Cash 281,883,000 89,807,000 21,409,000 2,816,000
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income 287,941,000 204,183,000 126,867,000 107,130,000 71,451,000
Depreciation & Amortization 114,669,000 110,358,000 110,358,000 97,914,000 90,077,000
Stock Based Compensation 37,500,000 32,300,000 20,320,000 18,570,000 39,333,000
Change in Working Capital -76,866,000 -109,000,000 -67,539,000 -64,925,000 -117,774,000
Operating Cash Flow 432,816,000 278,797,000 203,150,000 206,884,000 134,150,000
Investing Activities
Capital Expenditure -1,781,000 -61,589,000 -66,548,000 -67,626,000 -52,263,000
Investments -1,781,000 -2,270,000 -66,548,000 -67,626,000 -3,567,000
Investing Cash Flow -87,995,000 -139,871,000 -118,240,000 -110,758,000 -165,443,000
Financing Activities
Debt Repayment -41,469,000 -40,919,000 -42,956,000 -33,011,000 -124,315,000
Common Stock Issued/Repurchased -21,469,000 -8,200,000 -13,521,000 -37,441,000 -9,228,000
Dividends Paid 0 0 0 -414,000 0
Financing Cash Flow -62,938,000 -49,119,000 -63,501,000 -93,310,000 204,576,000
Summary
Free Cash Flow 431,035,000 217,208,000 136,602,000 139,258,000 81,887,000
Net Change in Cash 281,883,000 89,807,000 21,409,000 2,816,000 173,283,000