Stride (LRN) EBT Margin (2010 - 2026)
Stride (LRN) posted quarterly EBT Margin of 19.17% for Q1 2026, down 290.0% year-over-year from 10.09% in Q1 2025, and down 9.2% quarter-over-quarter from 21.11% in Q4 2025.
Stride (LRN) EBT Margin (2010 - 2026) Analysis & Trends
Stride (LRN) has reported EBT Margin for 17 consecutive years, with 19.17% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 290.0% year-over-year to 19.17%; the TTM figure through Mar 2026 stood at 15.82% (down 158.0% YoY), while the FY2025 annual figure was 15.93%, up 281.0% from the prior year.
- EBT Margin eased to 19.17% in Q1 2026 per LRN's latest filing, from 21.11% in the prior quarter.
- Across five years, EBT Margin topped out at 22.1% in Q4 2024 and bottomed at 6.99% in Q3 2022.
- Historically, EBT Margin has averaged 13.38% across 5 years, with a median of 14.77% in 2024.
- Annual changes were most pronounced in 2024 — EBT Margin surged 842 bps — and 2025, when it sank 492 bps.
- Stride's EBT Margin stood at 15.26% in 2022, then advanced by 15 bps to 17.59% in 2023, then grew by 26 bps to 22.1% in 2024, then fell by 4 bps to 21.11% in 2025, then declined by 9 bps to 19.17% in 2026.
- Business Quant data shows LRN's EBT Margin 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 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 5.61% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -5.88% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 35.52% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 24.37% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 17.63% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 23.05% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 16.40% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -11.37% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 2.10% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 3.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.40% |
| 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% |