Stride (LRN) Operating Leases (2019 - 2026)
Stride's Operating Leases was $8.11 million in fiscal Q1 2027 (quarter ended Sep 30, 2026), down 77.3% from $35.74 million a year earlier and down 2.5% from the prior quarter.
Stride (LRN) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jun 30, 2026), Operating Leases at Stride came in at $8.32 million, down 76.4% from FY2025.
- Operating Leases has now declined for six consecutive fiscal years, with a five-year compound annual growth rate of -36.0% (FY2021 to FY2026).
- In earlier fiscal years, Operating Leases was $35.16 million in FY2025 (-22.2%), $45.19 million in FY2024 (-24.0%), $59.43 million in FY2023 (-20.9%) and $75.13 million in FY2022 (-3.0%).
- The fiscal Q1 2027 figure marks the lowest quarterly Operating Leases in data going back to fiscal Q1 2020.
- Compared with a year earlier, Operating Leases has declined for 23 straight quarters, with an average decline of 48.6% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 3.0% (fiscal Q4 2022) and 77.3% (fiscal Q1 2027) over the last five years.
- Per Business Quant data, LRN's Operating Leases in the three fiscal quarters before Q1 2027 was $8.32 million (Q4 2026), $8.81 million (Q3 2026) and $10.57 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Service Corp International | 10.50 Bn | 9.57 Bn | 272.27 Mn |
| 2 | New Oriental Education & Technology | 8.07 Bn | -2.95 Bn | 20,000.00 |
| 3 | TAL Education | 6.08 Bn | -6.40 Bn | 594.64 Mn |
| 4 | Graham Holdings | 5.21 Bn | 307.76 Mn | 392.25 Mn |
| 5 | Laureate Education | 4.77 Bn | 4.12 Bn | 131.69 Mn |
| 6 | Valvoline | 4.62 Bn | 4.33 Bn | 214.90 Mn |
| 7 | Covista | 4.17 Bn | 3.34 Bn | 290.78 Mn |
| 8 | Stride | 3.33 Bn | 151.03 Mn | 241.12 Mn |
| 9 | Onespaworld Holdings | 3.13 Bn | 3.03 Bn | 49.70 Mn |
| 10 | Bright Horizons Family Solutions | 2.70 Bn | 2.15 Bn | 204.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.11 Mn |
| Jun 30, 2026 | 8.32 Mn |
| Mar 31, 2026 | 8.81 Mn |
| Dec 31, 2025 | 10.57 Mn |
| Sep 30, 2025 | 35.74 Mn |
| Jun 30, 2025 | 35.16 Mn |
| Mar 31, 2025 | 36.79 Mn |
| Dec 31, 2024 | 39.20 Mn |
| Sep 30, 2024 | 42.33 Mn |
| Jun 30, 2024 | 45.19 Mn |
| Mar 31, 2024 | 48.42 Mn |
| Dec 31, 2023 | 51.55 Mn |
| Sep 30, 2023 | 54.99 Mn |
| Jun 30, 2023 | 59.43 Mn |
| Mar 31, 2023 | 62.30 Mn |
| Dec 31, 2022 | 65.83 Mn |
| Sep 30, 2022 | 69.11 Mn |
| Jun 30, 2022 | 75.13 Mn |
| Mar 31, 2022 | 76.34 Mn |
| Dec 31, 2021 | 79.02 Mn |
Stride Operating Leases 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-leases&ticker=LRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=LRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();