Stride (LRN) EBT Margin (2010 - 2026)

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

  • EBT Margin for Q1 2026 came in at 19.17%, down 290.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.82% (down 158.0% YoY), and the FY2025 annual result was 15.93%, up 281.0% from the prior year.
  • EBT Margin fell to 19.17% in Q1 2026 per LRN's latest filing, from 21.11% in the prior quarter.
  • Over five years, EBT Margin peaked at 22.1% in Q4 2024 and troughed at 6.99% in Q3 2022.
  • A 5-year average of 13.38% and a median of 14.77% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2024 and 2025: EBT Margin surged 842 bps in 2024, then sank 492 bps in 2025.
  • A 5-year view of EBT Margin shows it stood at 15.26% in 2022, then gained by 15 bps to 17.59% in 2023, then climbed by 26 bps to 22.1% in 2024, then declined by 4 bps to 21.11% in 2025, then dropped 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 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -19.01%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn -10.02%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 3.29%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 16.00%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 19.17%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 31.90%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -11.37%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 0.17%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 30.72%
10 Strategic Education 1.69 Bn 1.53 Bn - 13.82%

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%