Stride (LRN) FCF Margin (2010 - 2026)

Stride (LRN) reported FCF Margin of 29.13% for Q1 2026, up 2210.0% year-over-year from 1.26% in Q1 2025, and up 99.69% quarter-over-quarter from 14.59% in Q4 2025.

Stride (LRN) FCF Margin (2010 - 2026) Analysis & Trends

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

  • FCF Margin for Q1 2026 came in at 29.13%, up 2210.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.59% (up 121.0% YoY), and the FY2025 annual result was 16.48%, up 293.0% from the prior year.
  • FCF Margin grew to 29.13% in Q1 2026 per LRN's latest filing, from 14.59% in the prior quarter.
  • Over five years, FCF Margin peaked at 44.45% in Q2 2025 and troughed at 35.97% in Q3 2022.
  • A 5-year average of 12.1% and a median of 17.48% in 2023 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2025 and 2026: FCF Margin sank 2040 bps in 2025, then surged 2210 bps in 2026.
  • A 5-year view of FCF Margin shows it stood at 33.31% in 2022, then gained by 3 bps to 34.33% in 2023, then advanced by 2 bps to 34.98% in 2024, then slumped by 58 bps to 14.59% in 2025, then jumped by 100 bps to 29.13% in 2026.
  • Business Quant data shows LRN's FCF Margin 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 7.03 Bn 6.99 Bn 22.18 Mn -
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 19.66%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 3.93%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 41.97%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 29.13%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 28.01%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -36.65%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -11.94%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 30.51%
10 Strategic Education 1.69 Bn 1.53 Bn - 25.27%

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%