Stride (LRN) Free Cash Flow (2016 - 2026)
On a quarterly basis, Free Cash Flow rose 325.45% to $183.5 million in Q1 2026 year-over-year; TTM through Mar 2026 was $370.0 million, a 20.94% increase, with the full-year FY2025 number at $396.4 million, up 43.36% from a year prior.
Stride (LRN) has 17 years of Free Cash Flow data on record, last reported at $183.5 million in Q1 2026.
- Free Cash Flow reached $183.5 million in Q1 2026 per LRN's latest filing, up from $92.1 million in the prior quarter.
- Over the last five years, Free Cash Flow for LRN hit a ceiling of $290.5 million in Q2 2025 and a floor of -$196.1 million in Q3 2025.
- A 5-year average of $67.0 million and a median of $84.5 million in 2023 define the central range for Free Cash Flow.
- Peak YoY movement for Free Cash Flow: tumbled 55.17% in 2025, then soared 325.45% in 2026.
- Tracing LRN's Free Cash Flow over 5 years: stood at $152.7 million in 2022, then increased by 13.49% to $173.3 million in 2023, then grew by 18.52% to $205.4 million in 2024, then crashed by 55.17% to $92.1 million in 2025, then surged by 99.25% to $183.5 million in 2026.
- Business Quant data shows Free Cash Flow for LRN at $183.5 million in Q1 2026, $92.1 million in Q4 2025, and -$196.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | 48.56 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 53.60 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 86.48 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 183.49 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 67.65 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -26.43 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 77.31 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | -10.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 60.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 183.49 Mn |
| Mar 31, 2026 | 183.49 Mn |
| Dec 31, 2025 | 92.09 Mn |
| Dec 31, 2025 | 92.09 Mn |
| Sep 30, 2025 | -196.09 Mn |
| Sep 30, 2025 | -196.09 Mn |
| Jun 30, 2025 | 290.53 Mn |
| Jun 30, 2025 | 290.53 Mn |
| Mar 31, 2025 | 43.13 Mn |
| Mar 31, 2025 | 43.13 Mn |
| Dec 31, 2024 | 205.43 Mn |
| Dec 31, 2024 | 205.43 Mn |
| Sep 30, 2024 | -142.67 Mn |
| Sep 30, 2024 | -142.67 Mn |
| Jun 30, 2024 | 200.06 Mn |
| Jun 30, 2024 | 200.06 Mn |
| Mar 31, 2024 | 40.14 Mn |
| Mar 31, 2024 | 40.14 Mn |
| Dec 31, 2023 | 173.33 Mn |
| Dec 31, 2023 | 173.33 Mn |
| Sep 30, 2023 | -137.00 Mn |
| Sep 30, 2023 | -137.00 Mn |
| Jun 30, 2023 | 84.50 Mn |
| Jun 30, 2023 | 84.50 Mn |
| Mar 31, 2023 | 73.86 Mn |
| Mar 31, 2023 | 73.86 Mn |
| Dec 31, 2022 | 152.72 Mn |
| Dec 31, 2022 | 152.72 Mn |
| Sep 30, 2022 | -152.94 Mn |
| Sep 30, 2022 | -152.94 Mn |
| Jun 30, 2022 | 146.57 Mn |
| Jun 30, 2022 | 146.57 Mn |
| Mar 31, 2022 | 81.56 Mn |
| Mar 31, 2022 | 81.56 Mn |
| Dec 31, 2021 | 110.21 Mn |
| Dec 31, 2021 | 110.21 Mn |
| Sep 30, 2021 | -141.21 Mn |
| Sep 30, 2021 | -141.21 Mn |
| Jun 30, 2021 | 111.95 Mn |
| Jun 30, 2021 | 111.95 Mn |
| Mar 31, 2021 | 84.99 Mn |
| Mar 31, 2021 | 84.99 Mn |
| Dec 31, 2020 | 27.68 Mn |
| Dec 31, 2020 | 27.68 Mn |
| Sep 30, 2020 | -121.74 Mn |
| Sep 30, 2020 | -121.74 Mn |
| Jun 30, 2020 | 77.21 Mn |
| Jun 30, 2020 | 77.21 Mn |
| Mar 31, 2020 | 24.14 Mn |
| Mar 31, 2020 | 24.14 Mn |
| Dec 31, 2019 | 65.46 Mn |
| Dec 31, 2019 | 65.46 Mn |
| Sep 30, 2019 | -88.06 Mn |
| Sep 30, 2019 | -88.06 Mn |
| Jun 30, 2019 | 83.43 Mn |
| Jun 30, 2019 | 83.43 Mn |
| Mar 31, 2019 | 29.73 Mn |
| Mar 31, 2019 | 29.73 Mn |
| Dec 31, 2018 | 81.36 Mn |
| Dec 31, 2018 | 81.36 Mn |
| Sep 30, 2018 | -58.39 Mn |
| Sep 30, 2018 | -58.39 Mn |
| Jun 30, 2018 | 60.37 Mn |
| Jun 30, 2018 | 60.37 Mn |
| Mar 31, 2018 | 43.17 Mn |
| Mar 31, 2018 | 43.17 Mn |
| Dec 31, 2017 | 53.87 Mn |
| Dec 31, 2017 | 53.87 Mn |
| Sep 30, 2017 | -60.70 Mn |
| Sep 30, 2017 | -60.70 Mn |
| Jun 30, 2017 | 68.52 Mn |
| Jun 30, 2017 | 68.52 Mn |
| Mar 31, 2017 | 21.23 Mn |
| Mar 31, 2017 | 21.23 Mn |
| Dec 31, 2016 | 57.70 Mn |
| Dec 31, 2016 | 57.70 Mn |
| Sep 30, 2016 | -60.89 Mn |
| Sep 30, 2016 | -60.89 Mn |
| Jun 30, 2016 | 58.11 Mn |
| Jun 30, 2016 | 58.11 Mn |