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Stride, Inc. (LRN) reported a significant increase in revenue, growing from $1 billion in FY20 to $2.4 billion in FY25, marking an 18% increase year-over-year—the best performance since FY21. Full-year enrollments reached an average of 234,000, a 20% increase from the previous year, with Career Learning enrollments seeing a 33% rise.
On August 5, 2023, Stride surpassed Q4 FY25 EPS estimates by 25%, boosting its EPS from $0.61 to $5.95 (+875% since FY20). The stock has surged 330% over the past three years, outpacing both tech stocks at 110% and the S&P 500 at 68%.
Stride’s growth is fueled by the rise in digital education demand amid changing economic conditions, expanding its service offerings to include coding bootcamps and career planning. Currently, LRN is rated as a Zacks Rank #1 (Strong Buy) with a projected sales growth of 11% for FY26.
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