Stride (LRN) Gross Margin (2016 - 2026)
On a quarterly basis, Gross Margin fell 388.0% to 36.76% in Q1 2026 year-over-year; TTM through Mar 2026 was 38.34%, a 73.0% decrease, with the full-year FY2025 number at 39.24%, up 181.0% from a year prior.
Stride (LRN) has 17 years of Gross Margin data on record, last reported at 36.76% in Q1 2026.
- Gross Margin reached 36.76% in Q1 2026 per LRN's latest filing, down from 41.13% in the prior quarter.
- Over the last five years, Gross Margin for LRN hit a ceiling of 41.13% in Q4 2025 and a floor of 30.49% in Q3 2022.
- A 5-year average of 37.52% and a median of 37.1% in 2022 define the central range for Gross Margin.
- Peak YoY movement for Gross Margin: soared 551bps in 2023, then plummeted -388bps in 2026.
- Tracing LRN's Gross Margin over 5 years: stood at 37.1% in 2022, then rose by 7bps to 39.85% in 2023, then increased by 3bps to 40.85% in 2024, then increased by 1bps to 41.13% in 2025, then dropped by -11bps to 36.76% in 2026.
- Business Quant data shows Gross Margin for LRN at 36.76% in Q1 2026, 41.13% in Q4 2025, and 39.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -6.01% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 79.28% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 36.76% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 78.77% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 46.96% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 83.40% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 57.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.76% |
| Dec 31, 2025 | 41.13% |
| Sep 30, 2025 | 39.00% |
| Jun 30, 2025 | 36.55% |
| Mar 31, 2025 | 40.64% |
| Dec 31, 2024 | 40.85% |
| Sep 30, 2024 | 39.17% |
| Jun 30, 2024 | 35.23% |
| Mar 31, 2024 | 38.65% |
| Dec 31, 2023 | 39.85% |
| Sep 30, 2023 | 36.00% |
| Jun 30, 2023 | 35.59% |
| Mar 31, 2023 | 37.27% |
| Dec 31, 2022 | 37.10% |
| Sep 30, 2022 | 30.49% |
| Jun 30, 2022 | 36.84% |
| Mar 31, 2022 | 36.72% |
| Dec 31, 2021 | 36.03% |
| Sep 30, 2021 | 31.58% |
| Jun 30, 2021 | 34.36% |
| Mar 31, 2021 | 35.45% |
| Dec 31, 2020 | 34.40% |
| Sep 30, 2020 | 35.01% |
| Jun 30, 2020 | 34.02% |
| Mar 31, 2020 | 30.40% |
| Dec 31, 2019 | 34.98% |
| Sep 30, 2019 | 34.13% |
| Jun 30, 2019 | 31.39% |
| Mar 31, 2019 | 33.56% |
| Dec 31, 2018 | 37.09% |
| Sep 30, 2018 | 36.74% |
| Jun 30, 2018 | 34.24% |
| Mar 31, 2018 | 36.07% |
| Dec 31, 2017 | 35.93% |
| Sep 30, 2017 | 35.59% |
| Jun 30, 2017 | 35.46% |
| Mar 31, 2017 | 38.69% |
| Dec 31, 2016 | 37.79% |
| Sep 30, 2016 | 35.59% |
| Jun 30, 2016 | 35.33% |