Stride (LRN) Net Margin (2010 - 2026)
Stride (LRN) posted quarterly Net Margin of 14.16% for Q1 2026, down 213.0% year-over-year from 12.53% in Q1 2025, and down 9.98% quarter-over-quarter from 15.73% in Q4 2025.
Stride (LRN) Net Margin (2010 - 2026) Analysis & Trends
Stride (LRN) has reported Net Margin for 17 consecutive years, with 14.16% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 213.0% year-over-year to 14.16%; the TTM figure through Mar 2026 stood at 11.46% (down 186.0% YoY), while the FY2025 annual figure was 11.33%, up 122.0% from the prior year.
- Net Margin retreated to 14.16% in Q1 2026 per LRN's latest filing, from 15.73% in the prior quarter.
- Across five years, Net Margin topped out at 16.42% in Q4 2024 and bottomed at 5.23% in Q3 2022.
- Historically, Net Margin has averaged 9.94% across 5 years, with a median of 11.15% in 2022.
- Annual changes were most pronounced in 2024 — Net Margin surged 669 bps — and 2025, when it plunged 715 bps.
- Stride's Net Margin stood at 11.15% in 2022, then grew by 18 bps to 13.19% in 2023, then advanced by 24 bps to 16.42% in 2024, then slipped by 4 bps to 15.73% in 2025, then dropped by 10 bps to 14.16% in 2026.
- Business Quant data shows LRN's Net Margin at 14.16% in Q1 2026, 15.73% in Q4 2025, and 11.02% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 7.27% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -7.43% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 21.68% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | -0.08% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 17.37% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 12.81% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -10.84% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 0.00% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 2.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.81% |
| Mar 31, 2026 | 14.16% |
| Dec 31, 2025 | 15.73% |
| Sep 30, 2025 | 11.02% |
| Jun 30, 2025 | 5.14% |
| Mar 31, 2025 | 16.29% |
| Dec 31, 2024 | 16.42% |
| Sep 30, 2024 | 7.71% |
| Jun 30, 2024 | 12.29% |
| Mar 31, 2024 | 13.23% |
| Dec 31, 2023 | 13.19% |
| Sep 30, 2023 | 1.02% |
| Jun 30, 2023 | 8.95% |
| Mar 31, 2023 | 11.71% |
| Dec 31, 2022 | 11.15% |
| Sep 30, 2022 | -5.23% |
| Jun 30, 2022 | 6.19% |
| Mar 31, 2022 | 9.96% |
| Dec 31, 2021 | 10.50% |
| Sep 30, 2021 | -1.54% |