Stride (LRN) Operating Leases (2019 - 2026)
On a quarterly basis, Operating Leases fell 76.06% to $8.8 million in Q1 2026 year-over-year; TTM through Mar 2026 was $8.8 million, a 76.06% decrease, with the full-year FY2025 number at $35.2 million, down 22.19% from a year prior.
Stride (LRN) has 8 years of Operating Leases data on record, last reported at $8.8 million in Q1 2026.
- Operating Leases reached $8.8 million in Q1 2026 per LRN's latest filing, down from $10.6 million in the prior quarter.
- Over the last five years, Operating Leases for LRN hit a ceiling of $76.3 million in Q1 2022 and a floor of $8.8 million in Q1 2026.
- A 5-year average of $48.1 million and a median of $48.4 million in 2024 define the central range for Operating Leases.
- Peak YoY movement for Operating Leases: dropped 3.01% in 2022, then plummeted 76.06% in 2026.
- Tracing LRN's Operating Leases over 5 years: stood at $65.8 million in 2022, then decreased by 21.69% to $51.6 million in 2023, then dropped by 23.96% to $39.2 million in 2024, then crashed by 73.05% to $10.6 million in 2025, then dropped by 16.65% to $8.8 million in 2026.
- Business Quant data shows Operating Leases for LRN 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 | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn |
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 |
| Mar 31, 2021 | 82.60 Mn |
| Dec 31, 2020 | 86.98 Mn |
| Sep 30, 2020 | 91.62 Mn |
| Jun 30, 2020 | 96.54 Mn |
| Mar 31, 2020 | 100.80 Mn |
| Dec 31, 2019 | 14.91 Mn |
| Sep 30, 2019 | 17.05 Mn |