Description

Stride Reaches 243,900 Students — Better Conversion Could Drive The Next Enrollment Wave!

Stride, Inc. reported its fiscal year 2026 results with a 4.7% increase in revenue to $2.518 billion and adjusted operating income rising nearly 7% to $498.4 million. Adjusted EBITDA increased 8.2% to $617.6 million, with adjusted earnings per share at $8.33. These outcomes were supported by a 4.2% growth in enrollment, reaching approximately 243,900 students across its programs. Notably, revenue from the Career Learning programs grew 19% to $1.04 billion, with a 14% increase in enrollments, whereas the General Education segment saw a 2% revenue decline and a 2.5% drop in enrollment to 134,200 students. Revenue per enrollment rose slightly to $9,914, influenced by factors such as state funding variance, program mix, and enrollment timing. The company confronted challenges during the year, including the loss of the Roscoe Independent School District contract for its Lone Star Online Academy due to subpar performance.