Is Stride Inc. (LRN) overvalued or fairly valued?

MarketChacha shows Stride Inc.'s valuation in context — a trailing P/E of about 11.3, a forward P/E of about 9.1, a price-to-book of about 2.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Stride Inc.'s reported profit turn into cash?

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.41×) from reported figures — education, not a rating.

What is Stride Inc.'s revenue?

Stride Inc. reported revenue of $2.5B for FY2026, with net profit of $338.2M, per official filings.

What is the share price of Stride Inc. (LRN)?

Stride Inc. last traded at $84.68 (-1.3% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Stride Inc.

LRN · NYSE · Consumer Discretionary · United States

Snapshot

TickerLRN

ExchangeNYSE

SectorConsumer Discretionary

IndustryEducation & Training Services

CountryUnited States

Employees9,200

HeadquartersReston, United States

Websitestridelearning.com

Filings tracked14

About Stride Inc.

Stride, Inc., a technology company, provides an educational platform to deliver proprietary and third-party curriculum, software systems, and educational services in the United States. The company offers online coursework and content in software engineering, healthcare, and medical fields, as well as state customized versions of those courses, electives, and instructional supports; end-to-end platform includes single sign-on capability for content management, learning management, student information, data reporting and analytics, and various support systems that provides an educational experience for students; and stand-alone products and services which can provide curriculum and content hosting on customers' learning management systems, or integration with customers' student information systems. It also provides instructional services that includes customer support for instructional teams comprising recruitment of state-certified teachers, training in research-based online instruction methods and Stride systems, oversight and evaluation services, and ongoing professional development; training options, such as hands-on training, on-demand courses, and support materials. In addition, the company offers support services, including marketing and enrollment, supporting prospective students through the admission process, assessment management, administrative support, technology, and materials support services. The company provides its products and services through virtual schools, traditional school districts, and consumer. It serves public and private schools, school districts, and charter boards, as well as employers, government agencies, and consumers. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. The company was incorporated in 1999 and is headquartered in Reston, Virginia.

Who owns it

Insiders3.8%
Institutions96.2%
Public & other0.0%

563 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.15.50%
Vanguard Portfolio Management LLC5.71%
Jupiter Topco LLC5.57%
Dimensional Fund Advisors LP4.61%
Vanguard Capital Management LLC4.43%
State Street Corporation4.00%
Impactive Capital, LP3.14%
Morgan Stanley3.12%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.41×

Over 4 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend6.9% → 13.4%

Margin has expanded by about 6.5 points — the business is getting more profitable.

Return on equity20.7%

Latest ROE of 20.7% — capital is generating a healthy return.

Growth qualityrev 11% · PAT 39%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $637.8M · EPS 2.67

Est. earnings growth +6.8%

Next fiscal year

Rev $2.7B · EPS 9.28

Est. earnings growth +6.3%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$2.5B

Net margin

13.4%

ROE

20.7%

Revenue CAGR (3y)

+11.1%

Profit CAGR (3y)

+38.7%

EPS (FY2026)

7.14

Net profit (FY2026)

$338.2M

Ask MarketChacha about LRN

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$2.5B	$338.2M	7.14	13.4%	20.7%
FY2025	$2.4B	$287.9M	5.95	12.0%	19.5%
FY2024	$2.0B	$204.2M	4.69	10.0%	17.4%
FY2023	$1.8B	$126.9M	2.97	6.9%	13.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$629.9M	$88.5M	1.93	14.1%
2025Q4	$631.3M	$99.5M	2.12	15.8%
2025Q3	$620.9M	$68.8M	1.40	11.1%
2025Q1	$613.4M	$99.3M	2.02	16.2%
2024Q4	$587.2M	$96.4M	2.03	16.4%
2024Q3	$551.1M	$40.9M	0.94	7.4%
2024Q1	$520.8M	$69.7M	1.60	13.4%
2023Q4	$504.9M	$66.8M	1.54	13.2%
2023Q3	$480.2M	$4.9M	0.11	1.0%
2023Q1	$470.3M	$55.5M	1.30	11.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-K filing
SEC8/5/2026
8-K — Results of operations, Other events, Exhibits
SEC8/4/2026material
8-K — Results of operations, Executive/director change, Reg FD disclosure, Exhibits
SEC7/30/2026material
10-Q filing
SEC4/29/2026
8-K — Results of operations, Exhibits
SEC4/28/2026material
10-Q filing
SEC1/28/2026
8-K — Results of operations, Exhibits
SEC1/27/2026material

2025

8-K — Executive/director change, Shareholder vote results, Exhibits
SEC12/10/2025material
8-K — Reg FD disclosure, Other events, Exhibits
SEC11/3/2025material
10-Q filing
SEC10/29/2025
8-K — Results of operations, Exhibits
SEC10/28/2025material
8-K — Executive/director change
SEC9/19/2025material
10-K filing
SEC8/6/2025
8-K — Results of operations, Exhibits
SEC8/5/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.