Stride, Inc. (NYSE: LRN)

Stride, Inc., a technology company with the stock symbol STRD, operates in the online education industry within the United States. The company's main business activities revolve around delivering an educational platform to facilitate online learning for students in various grade levels. Stride's comprehensive school-as-a-service offering supports clients in operating full-time virtual schools in the K-12 market.

Stride operates in two primary segments: General Education and Career Learning. The General Education segment focuses on core subjects such as math, English, science, and history for kindergarten through twelfth grade students. These programs offer alternatives to traditional school options and cater to a variety of student needs. Stride's General Education programs aim to help learners of all ages reach their full potential through inspired teaching and personalized learning. On the other hand, the Career Learning segment focuses on developing skills for careers in high-growth, in-demand industries like information technology, healthcare, and general business. This segment provides multiple career pathways through a diverse catalog of courses.

Stride generates revenue by offering a comprehensive school-as-a-service or stand-alone products and services. The primary products and services include curriculum, technology systems, instruction, and support services. Stride's General Education programs are designed to deliver a quality education to schools and students, improve academic outcomes, and prepare learners for college and future careers. In the Career Learning segment, students can engage in industry content pathway courses, project-based learning in virtual teams, and career development services. High school students have the opportunity to progress toward certifications, connect with industry professionals, earn college credits while in high school, and participate in job shadowing and/or work-based learning experiences.

In terms of competition, Stride competes with companies that provide online curriculum and school support services to K-12 virtual and blended public schools, including Pearson PLC (Connections Academy), Lincoln Learning Solutions, StrongMind, Pansophic Learning, Inspire Charter Schools, and Charter Schools USA, among others. The company also faces competition from digital and print curriculum providers such as Curriculum Associates, Imagine Learning LLC, Edmentum Inc., Discovery Education, and traditional textbook publishers such as Houghton Mifflin Harcourt and McGraw Hill.

Stride's intellectual property includes four U.S.-issued patents and one foreign-issued patent directed towards various aspects of its educational products and offerings. The company owns copyrights related to the lessons contained in the courses that comprise its proprietary curriculum and has obtained federal, state, and foreign registrations for numerous trademarks that are related to its offerings.