Stride (LRN) Operating Leases (2019 - 2026)
Stride (LRN) posted quarterly 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 reported Operating Leases for 8 consecutive years, with $8.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 76.06% year-over-year to $8.8 million; the TTM figure through Mar 2026 stood at $8.8 million (down 76.06% YoY), while the FY2025 annual figure was $35.2 million, down 22.19% from the prior year.
- Operating Leases slipped to $8.8 million in Q1 2026 per LRN's latest filing, from $10.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $76.3 million in Q1 2022 and bottomed at $8.8 million in Q1 2026.
- Historically, Operating Leases has averaged $48.1 million across 5 years, with a median of $48.4 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Leases declined 3.01% — and 2026, when it tumbled 76.06%.
- Stride's Operating Leases stood at $65.8 million in 2022, then fell by 21.69% to $51.6 million in 2023, then declined by 23.96% to $39.2 million in 2024, then tumbled by 73.05% to $10.6 million in 2025, then declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 82.57 Mn |