Growth Metrics

Stride (LRN) Leases (2016 - 2025)

On a quarterly basis, Leases fell 70.72% to $16.0 million in Q2 2025 year-over-year; TTM through Jun 2025 was $16.0 million, a 70.72% decrease, with the full-year FY2025 number at $16.0 million, down 70.72% from a year prior.

Stride (LRN) has 15 years of Leases data on record, last reported at $16.0 million in Q2 2025.

  • Leases reached $16.0 million in Q2 2025 per LRN's latest filing, down from $46.0 million in the prior quarter.
  • Over the last five years, Leases for LRN hit a ceiling of $100.0 million in Q1 2021 and a floor of $16.0 million in Q2 2025.
  • A 5-year average of $69.6 million and a median of $70.9 million in 2023 define the central range for Leases.
  • Peak YoY movement for Leases: dropped 6.45% in 2021, then tumbled 70.72% in 2025.
  • Tracing LRN's Leases over 5 years: stood at $91.4 million in 2021, then decreased by 17.07% to $75.8 million in 2022, then dropped by 19.94% to $60.7 million in 2023, then fell by 19.92% to $48.6 million in 2024, then plummeted by 67.16% to $16.0 million in 2025.
  • Business Quant data shows Leases for LRN at $16.0 million in Q2 2025, $46.0 million in Q1 2025, and $48.6 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn 3.21 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 387.16 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 453.76 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 93.50 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn -
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 41.52 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 168.88 Mn
8 Strategic Education 1.71 Bn 1.55 Bn - 90.32 Mn
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 151.21 Mn
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 54.93 Mn

Historic Data

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DateValue
Jun 30, 2025 15.96 Mn
Mar 31, 2025 46.01 Mn
Dec 31, 2024 48.60 Mn
Sep 30, 2024 51.61 Mn
Jun 30, 2024 54.50 Mn
Mar 31, 2024 57.73 Mn
Dec 31, 2023 60.69 Mn
Sep 30, 2023 64.60 Mn
Jun 30, 2023 69.51 Mn
Mar 31, 2023 72.20 Mn
Dec 31, 2022 75.80 Mn
Sep 30, 2022 79.30 Mn
Jun 30, 2022 85.50 Mn
Mar 31, 2022 87.50 Mn
Dec 31, 2021 91.40 Mn
Sep 30, 2021 96.47 Mn
Jun 30, 2021 94.67 Mn
Mar 31, 2021 100.03 Mn
Dec 31, 2020 104.00 Mn
Sep 30, 2020 107.75 Mn
Jun 30, 2020 111.77 Mn
Mar 31, 2020 106.93 Mn
Mar 31, 2019 52.90 Mn
Dec 31, 2018 50.70 Mn
Sep 30, 2018 53.80 Mn
Jun 30, 2018 42.20 Mn
Mar 31, 2018 42.80 Mn
Dec 31, 2017 43.90 Mn
Sep 30, 2017 45.60 Mn
Jun 30, 2017 39.10 Mn
Mar 31, 2017 40.70 Mn
Dec 31, 2016 39.70 Mn
Sep 30, 2016 41.80 Mn
Jun 30, 2016 39.90 Mn