Stride (LRN) Cost of Revenue (2010 - 2026)

Stride (LRN) has reported Cost of Revenue for 17 consecutive years, with $398.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 9.4% year-over-year to $398.3 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 12.26% YoY), while the FY2025 annual figure was $1.5 billion, up 14.49% from the prior year.
• Cost of Revenue advanced to $398.3 million in Q1 2026 per LRN's latest filing, from $371.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $414.7 million in Q2 2025 and bottomed at $266.9 million in Q1 2022.
• Historically, Cost of Revenue has averaged $331.3 million across 5 years, with a median of $319.5 million in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue grew 3.99% — and 2025, when it gained 19.87%.
• Stride's Cost of Revenue stood at $288.3 million in 2022, then increased by 5.32% to $303.7 million in 2023, then increased by 14.38% to $347.4 million in 2024, then rose by 6.99% to $371.6 million in 2025, then increased by 7.18% to $398.3 million in 2026.
• Business Quant data shows LRN's Cost of Revenue at $398.3 million in Q1 2026, $371.6 million in Q4 2025, and $378.8 million in Q3 2025.