Growth Metrics

Stride (LRN) FCF Margin (2016 - 2026)

On a quarterly basis, FCF Margin rose 2210.0% to 29.13% in Q1 2026 year-over-year; TTM through Mar 2026 was 14.59%, a 121.0% increase, with the full-year FY2025 number at 16.48%, up 293.0% from a year prior.

Stride (LRN) has 17 years of FCF Margin data on record, last reported at 29.13% in Q1 2026.

  • FCF Margin reached 29.13% in Q1 2026 per LRN's latest filing, up from 14.59% in the prior quarter.
  • Over the last five years, FCF Margin for LRN hit a ceiling of 44.45% in Q2 2025 and a floor of 35.97% in Q3 2022.
  • A 5-year average of 12.1% and a median of 17.48% in 2023 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: crashed -2040bps in 2025, then skyrocketed 2210bps in 2026.
  • Tracing LRN's FCF Margin over 5 years: stood at 33.31% in 2022, then grew by 3bps to 34.33% in 2023, then increased by 2bps to 34.98% in 2024, then tumbled by -58bps to 14.59% in 2025, then skyrocketed by 100bps to 29.13% in 2026.
  • Business Quant data shows FCF Margin for LRN at 29.13% in Q1 2026, 14.59% in Q4 2025, and 31.58% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 3.93%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 19.66%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 28.01%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 29.13%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 30.51%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn -11.94%
8 Strategic Education 1.71 Bn 1.55 Bn - 25.27%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn -6.99%
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 34.78%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 29.13%
Dec 31, 2025 14.59%
Sep 30, 2025 -31.58%
Jun 30, 2025 44.45%
Mar 31, 2025 7.03%
Dec 31, 2024 34.98%
Sep 30, 2024 -25.89%
Jun 30, 2024 37.45%
Mar 31, 2024 7.71%
Dec 31, 2023 34.33%
Sep 30, 2023 -28.53%
Jun 30, 2023 17.48%
Mar 31, 2023 15.71%
Dec 31, 2022 33.31%
Sep 30, 2022 -35.97%
Jun 30, 2022 32.20%
Mar 31, 2022 19.34%
Dec 31, 2021 26.91%
Sep 30, 2021 -35.28%
Jun 30, 2021 28.16%
Mar 31, 2021 21.67%
Dec 31, 2020 7.36%
Sep 30, 2020 -32.82%
Jun 30, 2020 28.71%
Mar 31, 2020 9.39%
Dec 31, 2019 25.41%
Sep 30, 2019 -34.25%
Jun 30, 2019 32.55%
Mar 31, 2019 11.74%
Dec 31, 2018 31.92%
Sep 30, 2018 -23.23%
Jun 30, 2018 25.27%
Mar 31, 2018 18.54%
Dec 31, 2017 24.80%
Sep 30, 2017 -26.53%
Jun 30, 2017 31.76%
Mar 31, 2017 9.54%
Dec 31, 2016 26.10%
Sep 30, 2016 -26.61%
Jun 30, 2016 26.25%