Stride (LRN) Operating Leases (2019 - 2026)
Stride (LRN) reported Operating Leases of $8.8 million for Q1 2026, down 76.06% year-over-year from $36.8 million in Q1 2025, and down 16.65% quarter-over-quarter from $10.6 million in Q4 2025.
Stride (LRN) Operating Leases (2019 - 2026) Analysis & Trends
Stride (LRN) has 8 years of Operating Leases data on file, last reported at $8.8 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $8.8 million, down 76.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.8 million (down 76.06% YoY), and the FY2025 annual result was $35.2 million, down 22.19% from the prior year.
- Operating Leases declined to $8.8 million in Q1 2026 per LRN's latest filing, from $10.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $76.3 million in Q1 2022 and troughed at $8.8 million in Q1 2026.
- A 5-year average of $48.1 million and a median of $48.4 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2026: Operating Leases declined 3.01% in 2022, then tumbled 76.06% in 2026.
- A 5-year view of Operating Leases shows it stood at $65.8 million in 2022, then declined by 21.69% to $51.6 million in 2023, then dropped by 23.96% to $39.2 million in 2024, then slumped by 73.05% to $10.6 million in 2025, then dropped by 16.65% to $8.8 million in 2026.
- Business Quant data shows LRN's Operating Leases at $8.8 million in Q1 2026, $10.6 million in Q4 2025, and $35.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 82.57 Mn |
| Jun 30, 2021 | 77.46 Mn |