Growth Metrics

Stride (LRN) Net Margin (2016 - 2026)

On a quarterly basis, Net Margin fell 213.0% to 14.16% in Q1 2026 year-over-year; TTM through Mar 2026 was 12.16%, a 116.0% decrease, with the full-year FY2025 number at 12.07%, up 196.0% from a year prior.

Stride (LRN) has 17 years of Net Margin data on record, last reported at 14.16% in Q1 2026.

  • Net Margin reached 14.16% in Q1 2026 per LRN's latest filing, down from 15.73% in the prior quarter.
  • Over the last five years, Net Margin for LRN hit a ceiling of 16.42% in Q4 2024 and a floor of 5.23% in Q3 2022.
  • A 5-year average of 10.11% and a median of 11.15% in 2022 define the central range for Net Margin.
  • Peak YoY movement for Net Margin: skyrocketed 669bps in 2024, then tumbled -443bps in 2025.
  • Tracing LRN's Net Margin over 5 years: stood at 11.15% in 2022, then rose by 18bps to 13.19% in 2023, then grew by 24bps to 16.42% in 2024, then decreased by -4bps to 15.73% in 2025, then fell by -10bps to 14.16% in 2026.
  • Business Quant data shows Net Margin for LRN 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 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -17.22%
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 2.49%
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 0.21%
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 24.40%
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 14.16%
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 24.33%
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn 0.22%
8 Strategic Education 1.71 Bn 1.55 Bn - 10.72%
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn 3.03%
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 10.15%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 14.16%
Dec 31, 2025 15.73%
Sep 30, 2025 11.02%
Jun 30, 2025 7.87%
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 6.45%
Mar 31, 2022 9.96%
Dec 31, 2021 10.50%
Sep 30, 2021 -1.54%
Jun 30, 2021 3.27%
Mar 31, 2021 5.97%
Dec 31, 2020 6.42%
Sep 30, 2020 3.44%
Jun 30, 2020 1.83%
Mar 31, 2020 3.47%
Dec 31, 2019 8.04%
Sep 30, 2019 -3.76%
Jun 30, 2019 1.32%
Mar 31, 2019 7.40%
Dec 31, 2018 9.38%
Sep 30, 2018 -3.26%
Jun 30, 2018 3.91%
Mar 31, 2018 5.60%
Dec 31, 2017 6.07%
Sep 30, 2017 -3.57%
Jun 30, 2017 -3.06%
Mar 31, 2017 3.99%
Dec 31, 2016 4.93%
Sep 30, 2016 -3.57%
Jun 30, 2016 -0.15%