Stride (LRN) Operating Expenses (2010 - 2026)
Stride (LRN) posted quarterly Operating Expenses of $102.5 million for Q1 2026, down 13.52% year-over-year from $118.5 million in Q1 2025, and down 9.13% quarter-over-quarter from $112.8 million in Q4 2025.
Stride (LRN) Operating Expenses (2010 - 2026) Analysis & Trends
Stride (LRN) has reported Operating Expenses for 17 consecutive years, with $102.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 13.52% year-over-year to $102.5 million; the TTM figure through Mar 2026 stood at $511.0 million (down 1.03% YoY), while the FY2025 annual figure was $524.3 million, up 2.01% from the prior year.
- Operating Expenses declined to $102.5 million in Q1 2026 per LRN's latest filing, from $112.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $173.1 million in Q3 2025 and bottomed at $94.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $125.0 million across 5 years, with a median of $116.9 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 18.74% — and 2026, when it slipped 13.52%.
- Stride's Operating Expenses stood at $102.0 million in 2022, then advanced by 14.58% to $116.9 million in 2023, then fell by 1.82% to $114.8 million in 2024, then fell by 1.72% to $112.8 million in 2025, then dropped by 9.13% to $102.5 million in 2026.
- Business Quant data shows LRN's Operating Expenses at $102.5 million in Q1 2026, $112.8 million in Q4 2025, and $173.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | -78.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 133.38 Mn |