LRN Stride, Inc.
FY2025 10-K
Stride, Inc. (LRN) filed its fiscal year 2025 10-K annual report with the SEC on Aug 6, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2025 10-K
Business Overview
- • Core business: Technology platform delivering comprehensive K-12 online learning via school-as-a-service focusing on General Education and Career Learning
- • Emphasized expansion of Career Learning and Adult Learning programs post-2020 acquisitions of Galvanize, Tech Elevator, MedCerts
Management Discussion & Analysis
- • Operating cash flow $432.8M, up $154M YoY from $278.8M due to higher net income and favorable working capital changes
- • Investing cash outflow $88.0M, down $51.9M YoY from $139.9M due to $65.8M higher marketable securities maturities and $1.7M lower capex
Risk Factors
- • Regulatory risk: 2025 Arkansas law requires charter revocation after 3 years poor performance, threatening school authorization and revenue
- • Macroeconomic risk: Exposure to California with 13 schools, none >10% revenue but possible aggregate funding cuts or payment delays harming cash flow
Financial SummaryXBRL
Revenue
$2.4B
Net Income
$288M
Gross Margin
39.2%
Operating Margin
15.0%
Net Margin
12.0%
ROE
19.5%
Total Assets
$2.3B
EPS (Diluted)
$5.95
Operating Cash Flow
$433M
Source: XBRL data from Stride, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.
Get deeper insights on Stride, Inc.
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.