Stride, Inc. (LRN) Income statement

Market cap

$4.2B

P/E ratio

28.2x

	2012/06	2013/06	2014/06	2015/06	2016/06	2017/06	2018/06	2019/06	2020/06	2021/06	2022/06	2023/06	2024/06	2025/06
Revenue	708	848	920	948	873	889	918	1,016	1,041	1,537	1,687	1,837	2,040	2,405
Revenue growth (%)	-
Cost of revenue	417	498	569	608	547	557	592	663	693	1,002	1,090	1,190	1,276	1,461
Gross profit	-	-	-	-	-	-	-	-	348	535	596	647	764	944
Gross margin (%)	-	-	-	-	-	-	-	-
Research & development	26	21	14	14	10	12	9	9	-	-	-	-	-	-
Selling, general & administrative	237	283	313	308	302	306	290	297	315	424	440	482	514	524
Operating margin (%)
Operating expenses	679	803	897	930	859	875	892	970	-	-	-	-	-	-
Operating income	29	46	23	18	14	13	26	45	32	110	157	165	250	360
Income before tax	28	47	29	15	13	5	27	48	33	96	147	173	268	383
Pretax margin (%)	4	5.5	3.2	1.6	1.5	0.6	2.9	4.8	3.2	6.2	8.7	9.4	13.1	15.9
Provision for income taxes	12	20	11	6	5	5	-1	11	9	25	40	45	64	93
Effective tax rate (%)
Net income	18	28	20	11	9	0	28	37	25	71	107	127	204	288
Net income margin (%)
Earnings per share	0.46	0.72	0.5	0.29	0.24	0.01	0.7	0.96	0.62	1.78	2.58	3	4.79	6.69
Diluted EPS	0.45	0.72	0.5	0.29	0.23	0.01	0.68	0.91	0.6	1.71	2.52	2.97	4.69	5.95
EBITDA
EBITDA margin (%)