Stride reports first quarter 2027 financial results
Key Highlights
- ➤Revenue $639.4 million, up 3.0% year over year
- ➤Income from operations $84.3 million, up 22.2% year over year
- ➤Adjusted EPS $1.37, down 9.9% year over year
- ➤Fiscal 2027 revenue outlook $2.530 billion to $2.610 billion
- ➤Career Learning revenue $282.8 million, up 9.7% year over year
RESTON, Va., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation’s most successful technology-based education companies, today announced its results for the first quarter of fiscal year 2027 ended September 30, 2026.
First Quarter Fiscal 2027 Highlights Compared to 2026 * Revenue of $639.4 million, compared with $620.9 million * Income from operations of $84.3 million, compared with $69.0 million * Net income of $64.9 million, compared with $68.8 million * Diluted net income per share of $1.45, compared with $1.40 * Adjusted operating income of $78.6 million, compared with $81.1 million (1) * Adjusted EBITDA of $111.8 million, compared with $108.4 million (1) * Adjusted earnings per share of $1.37, compared with $1.52 (1) First Quarter Fiscal 2027 Summary Financial Metrics
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