Stride (LRN) Gross Margin (2010 - 2026)

Stride (LRN) reported Gross Margin of 36.76% for Q1 2026, down 388.0% year-over-year from 12.77% in Q1 2025, and down 10.61% quarter-over-quarter from 41.13% in Q4 2025.

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

Stride (LRN) has 17 years of Gross Margin data on file, last reported at 36.76% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 36.76%, down 388.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.34% (down 73.0% YoY), and the FY2025 annual result was 39.24%, up 181.0% from the prior year.
  • Gross Margin eased to 36.76% in Q1 2026 per LRN's latest filing, from 41.13% in the prior quarter.
  • Over five years, Gross Margin peaked at 41.13% in Q4 2025 and troughed at 30.49% in Q3 2022.
  • A 5-year average of 37.52% and a median of 37.1% in 2022 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 551 bps in 2023, then plunged 388 bps in 2026.
  • A 5-year view of Gross Margin shows it stood at 37.1% in 2022, then rose by 7 bps to 39.85% in 2023, then advanced by 3 bps to 40.85% in 2024, then advanced by 1 bps to 41.13% in 2025, then dropped by 11 bps to 36.76% in 2026.
  • Business Quant data shows LRN's Gross Margin 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 7.03 Bn 6.99 Bn 22.18 Mn 72.43%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn -6.01%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 68.04%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 56.73%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 36.76%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 79.28%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 83.86%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 46.96%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 78.77%
10 Strategic Education 1.69 Bn 1.53 Bn - -

Historic Data

Download Data
DateValue
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%