Stride (LRN) Operating Expenses (2010 - 2026)
Stride's Operating Expenses was $111.43 million in fiscal Q4 2026 (quarter ended Jun 30, 2026), down 9.1% from $122.58 million a year earlier but up 8.7% from the prior quarter.
Stride (LRN) Operating Expenses (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Operating Expenses at Stride came in at $499.83 million, down 4.7% from FY2025.
- Operating Expenses shows a five-year compound annual growth rate of 3.3% (FY2021 to FY2026).
- In earlier fiscal years, Operating Expenses was $524.35 million in FY2025 (+2.0%), $514 million in FY2024 (+6.7%), $481.57 million in FY2023 (+9.5%) and $439.85 million in FY2022 (+3.6%).
- Quarterly Operating Expenses has moved between $90.64 million (fiscal Q2 2022) and $173.14 million (fiscal Q1 2026) over five years.
- Compared with a year earlier, Operating Expenses has declined for three straight quarters, with an average decline of 1.5% over the last eight quarters.
- The best year-over-year quarter for Operating Expenses over five years was fiscal Q1 2023 (growth of 18.7%); the worst was fiscal Q3 2026 (a decline of 13.5%).
- Per Business Quant data, LRN's Operating Expenses in the three fiscal quarters before Q4 2026 was $102.49 million (Q3 2026), $112.78 million (Q2 2026) and $173.14 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.50 Bn | 9.57 Bn | 272.27 Mn | 30.59 Mn |
| 2 | New Oriental Education & Technology | 8.07 Bn | -2.95 Bn | 20,000.00 | 1.50 Bn |
| 3 | TAL Education | 6.08 Bn | -6.40 Bn | 594.64 Mn | 358.78 Mn |
| 4 | Graham Holdings | 5.21 Bn | 307.76 Mn | 392.25 Mn | 1.24 Bn |
| 5 | Laureate Education | 4.77 Bn | 4.12 Bn | 131.69 Mn | 12.57 Mn |
| 6 | Valvoline | 4.62 Bn | 4.33 Bn | 214.90 Mn | 103.10 Mn |
| 7 | Covista | 4.17 Bn | 3.34 Bn | 290.78 Mn | 413.51 Mn |
| 8 | Stride | 3.33 Bn | 151.03 Mn | 241.12 Mn | 156.85 Mn |
| 9 | Onespaworld Holdings | 3.13 Bn | 3.03 Bn | 49.70 Mn | 246.58 Mn |
| 10 | Bright Horizons Family Solutions | 2.70 Bn | 2.15 Bn | 204.83 Mn | 100.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 156.85 Mn |
| Jun 30, 2026 | 111.43 Mn |
| Mar 31, 2026 | 102.49 Mn |
| Dec 31, 2025 | 112.78 Mn |
| Sep 30, 2025 | 173.14 Mn |
| Jun 30, 2025 | 122.58 Mn |
| Mar 31, 2025 | 118.50 Mn |
| Dec 31, 2024 | 114.76 Mn |
| Sep 30, 2024 | 168.51 Mn |
| Jun 30, 2024 | 114.53 Mn |
| Mar 31, 2024 | 113.02 Mn |
| Dec 31, 2023 | 116.89 Mn |
| Sep 30, 2023 | 169.57 Mn |
| Jun 30, 2023 | 118.14 Mn |
| Mar 31, 2023 | 103.05 Mn |
| Dec 31, 2022 | 102.02 Mn |
| Sep 30, 2022 | 158.37 Mn |
| Jun 30, 2022 | 121.58 Mn |
| Mar 31, 2022 | 94.25 Mn |
| Dec 31, 2021 | 90.64 Mn |
Stride Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=LRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "LRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=LRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();