Stride (LRN) Current Leases (2011 - 2026)
Stride (LRN) posted quarterly Current Leases of $3.2 million for Q1 2026, down 73.68% year-over-year from $12.3 million in Q1 2025, and down 20.48% quarter-over-quarter from $4.1 million in Q4 2025.
Analysis
Stride (LRN) Current Leases (2011 - 2026) Analysis & Trends
Stride (LRN) has reported Current Leases for 16 consecutive years, with $3.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Leases fell 73.68% year-over-year to $3.2 million; the TTM figure through Mar 2026 stood at $3.2 million (down 73.68% YoY), while the FY2025 annual figure was $42.3 million, up 45.19% from the prior year.
- Current Leases eased to $3.2 million in Q1 2026 per LRN's latest filing, from $4.1 million in the prior quarter.
- Across five years, Current Leases topped out at $43.2 million in Q4 2024 and bottomed at $3.2 million in Q1 2026.
- Historically, Current Leases has averaged $24.1 million across 5 years, with a median of $29.1 million in 2024.
- Annual changes were most pronounced in 2023 — Current Leases soared 177.64% — and 2025, when it sank 90.57%.
- Stride's Current Leases stood at $13.3 million in 2022, then soared by 149.29% to $33.1 million in 2023, then jumped by 30.52% to $43.2 million in 2024, then tumbled by 90.57% to $4.1 million in 2025, then fell by 20.48% to $3.2 million in 2026.
- Business Quant data shows LRN's Current Leases at $3.2 million in Q1 2026, $4.1 million in Q4 2025, and $10.5 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 93.94 Bn | 91.20 Bn | 812.22 Mn | 285.02 Mn |
| 2 | Laureate Education | 5.08 Bn | 4.92 Bn | 237.67 Mn | 45.77 Mn |
| 3 | Graham Holdings | 4.76 Bn | 3.51 Bn | 777.03 Mn | 61.34 Mn |
| 4 | Covista | 4.54 Bn | 4.13 Bn | 284.63 Mn | 34.80 Mn |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | 15.35 Mn |
| 6 | Stride | 3.67 Bn | 2.72 Bn | 217.28 Mn | 60.48 Mn |
| 7 | McGraw Hill | 2.56 Bn | 2.37 Bn | 439.20 Mn | 7.59 Mn |
| 8 | Perdoceo Education | 2.06 Bn | 749.44 Mn | 162.46 Mn | 8.51 Mn |
| 9 | TAL Education | 1.91 Bn | -769.28 Mn | 227.32 Mn | - |
| 10 | Youdao | 1.82 Bn | 1.70 Bn | 105.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.48 Mn |
| Mar 31, 2026 | 58.50 Mn |
| Dec 31, 2025 | 58.46 Mn |
| Sep 30, 2025 | 55.28 Mn |
| Jun 30, 2025 | 42.32 Mn |
| Mar 31, 2025 | 44.01 Mn |
| Dec 31, 2024 | 43.21 Mn |
| Sep 30, 2024 | 39.13 Mn |
| Jun 30, 2024 | 29.15 Mn |
| Mar 31, 2024 | 30.99 Mn |
| Dec 31, 2023 | 33.11 Mn |
| Sep 30, 2023 | 35.07 Mn |
| Jun 30, 2023 | 35.62 Mn |
| Mar 31, 2023 | 40.97 Mn |
| Dec 31, 2022 | 44.38 Mn |
| Sep 30, 2022 | 43.63 Mn |
| Jun 30, 2022 | 37.39 Mn |
| Mar 31, 2022 | 37.02 Mn |
| Dec 31, 2021 | 36.08 Mn |
| Sep 30, 2021 | 32.41 Mn |