Growth Metrics

Stride (LRN) EBT Margin (2016 - 2026)

On a quarterly basis, EBT Margin fell 290.0% to 19.17% in Q1 2026 year-over-year; TTM through Mar 2026 was 15.82%, a 158.0% decrease, with the full-year FY2025 number at 15.93%, up 281.0% from a year prior.

Stride (LRN) has 17 years of EBT Margin data on record, last reported at 19.17% in Q1 2026.

  • EBT Margin reached 19.17% in Q1 2026 per LRN's latest filing, down from 21.11% in the prior quarter.
  • Over the last five years, EBT Margin for LRN hit a ceiling of 22.1% in Q4 2024 and a floor of 6.99% in Q3 2022.
  • A 5-year average of 13.38% and a median of 14.77% in 2024 define the central range for EBT Margin.
  • Peak YoY movement for EBT Margin: skyrocketed 842bps in 2024, then crashed -492bps in 2025.
  • Tracing LRN's EBT Margin over 5 years: stood at 15.26% in 2022, then grew by 15bps to 17.59% in 2023, then rose by 26bps to 22.1% in 2024, then decreased by -4bps to 21.11% in 2025, then dropped by -9bps to 19.17% in 2026.
  • Business Quant data shows EBT Margin for LRN at 19.17% in Q1 2026, 21.11% in Q4 2025, and 13.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -19.01%
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 3.29%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn -10.02%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 31.90%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 19.17%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 30.72%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.17%
8 Strategic Education 1.71 Bn 1.55 Bn - 13.82%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 3.89%
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 11.01%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 19.17%
Dec 31, 2025 21.11%
Sep 30, 2025 13.34%
Jun 30, 2025 9.84%
Mar 31, 2025 22.07%
Dec 31, 2024 22.10%
Sep 30, 2024 9.76%
Jun 30, 2024 14.77%
Mar 31, 2024 17.97%
Dec 31, 2023 17.59%
Sep 30, 2023 1.34%
Jun 30, 2023 11.94%
Mar 31, 2023 15.86%
Dec 31, 2022 15.26%
Sep 30, 2022 -6.99%
Jun 30, 2022 8.46%
Mar 31, 2022 13.92%
Dec 31, 2021 14.39%
Sep 30, 2021 -2.26%
Jun 30, 2021 4.14%
Mar 31, 2021 8.59%
Dec 31, 2020 9.25%
Sep 30, 2020 2.80%
Jun 30, 2020 2.78%
Mar 31, 2020 5.18%
Dec 31, 2019 12.08%
Sep 30, 2019 -7.19%
Jun 30, 2019 1.58%
Mar 31, 2019 9.70%
Dec 31, 2018 12.94%
Sep 30, 2018 -5.27%
Jun 30, 2018 4.31%
Mar 31, 2018 8.58%
Dec 31, 2017 6.33%
Sep 30, 2017 -7.66%
Jun 30, 2017 -2.19%
Mar 31, 2017 6.02%
Dec 31, 2016 8.41%
Sep 30, 2016 -7.66%
Jun 30, 2016 0.22%