Description

Career Learning Takes Over At Stride, Inc. — Revenue Growth Nears 16%!

Stride, Inc. reported third quarter fiscal year 2026 results that reflected steady demand amid operational challenges and ongoing investments. Total enrollments increased by 1.8% to 244,500, with total revenue rising 2.7% year-over-year to $629.9 million. Growth was primarily driven by the Career Learning segment, which saw revenue increase nearly 16% to $259.5 million alongside an 11.6% rise in enrollments. Conversely, General Education revenue declined 3.6% due to a 5% enrollment decrease, although this was more than offset by Career Learning growth. The company highlighted that enrollment declines into the fourth quarter are typical because most programs close enrollment windows during this period. Management pointed to strong application volumes as evidence of a favorable demand environment, despite marginally elevated attrition rates. Revenue per enrollment increased by 2.9% to $2,485 for the quarter, and the company anticipates a roughly 2% increase for the full fiscal year.