Stride (LRN) EBITDA Margin (2016 - 2026)
On a quarterly basis, EBITDA Margin fell 83.0% to 20.49% in Q1 2026 year-over-year; TTM through Mar 2026 was 15.85%, a 64.0% decrease, with the full-year FY2025 number at 14.97%, up 274.0% from a year prior.
Stride (LRN) has 17 years of EBITDA Margin data on record, last reported at 20.49% in Q1 2026.
- EBITDA Margin reached 20.49% in Q1 2026 per LRN's latest filing, down from 23.26% in the prior quarter.
- Over the last five years, EBITDA Margin for LRN hit a ceiling of 23.26% in Q4 2025 and a floor of 6.76% in Q3 2022.
- A 5-year average of 13.06% and a median of 14.37% in 2022 define the central range for EBITDA Margin.
- Peak YoY movement for EBITDA Margin: soared 790bps in 2024, then crashed -509bps in 2025.
- Tracing LRN's EBITDA Margin over 5 years: stood at 14.85% in 2022, then rose by 12bps to 16.7% in 2023, then grew by 28bps to 21.3% in 2024, then increased by 9bps to 23.26% in 2025, then dropped by -12bps to 20.49% in 2026.
- Business Quant data shows EBITDA Margin for LRN at 20.49% in Q1 2026, 23.26% in Q4 2025, and 11.11% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -16.93% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 6.17% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -10.10% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 30.92% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 20.49% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 28.47% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 0.15% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 13.43% |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 4.45% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 12.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.49% |
| Dec 31, 2025 | 23.26% |
| Sep 30, 2025 | 11.11% |
| Jun 30, 2025 | 8.70% |
| Mar 31, 2025 | 21.32% |
| Dec 31, 2024 | 21.30% |
| Sep 30, 2024 | 8.59% |
| Jun 30, 2024 | 13.79% |
| Mar 31, 2024 | 16.96% |
| Dec 31, 2023 | 16.70% |
| Sep 30, 2023 | 0.69% |
| Jun 30, 2023 | 11.16% |
| Mar 31, 2023 | 15.35% |
| Dec 31, 2022 | 14.85% |
| Sep 30, 2022 | -6.76% |
| Jun 30, 2022 | 10.13% |
| Mar 31, 2022 | 14.37% |
| Dec 31, 2021 | 13.90% |
| Sep 30, 2021 | -1.74% |
| Jun 30, 2021 | 5.38% |
| Mar 31, 2021 | 9.83% |
| Dec 31, 2020 | 10.22% |
| Sep 30, 2020 | 3.25% |
| Jun 30, 2020 | 2.62% |
| Mar 31, 2020 | 5.64% |
| Dec 31, 2019 | 11.77% |
| Sep 30, 2019 | -7.54% |
| Jun 30, 2019 | 1.05% |
| Mar 31, 2019 | 9.19% |
| Dec 31, 2018 | 13.06% |
| Sep 30, 2018 | -5.47% |
| Jun 30, 2018 | 4.13% |
| Mar 31, 2018 | 8.47% |
| Dec 31, 2017 | 6.31% |
| Sep 30, 2017 | -7.76% |
| Jun 30, 2017 | 2.18% |
| Mar 31, 2017 | 5.74% |
| Dec 31, 2016 | 8.29% |
| Sep 30, 2016 | -7.76% |
| Jun 30, 2016 | 0.23% |