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Stride (LRN) gross margin by quarter

Stride's gross margin was 37.7% in Q1 FY27 (first quarter fiscal 2027), +3.6 pts from Q4 FY26. Over the last 7 quarters it ranged from 34.2% (Q4 FY26) to 41.1% (Q2 FY26).

Stride gross margin by quarterStride gross margin by quarter40.6%Q3 FY2536.6%Q4 FY2539.0%Q1 FY2641.1%Q2 FY2636.8%Q3 FY2634.2%Q4 FY2637.7%Q1 FY27
QuarterGross marginQ/QY/Y
Q1 FY2737.7%+3.6 pts-1.3 pts
Q4 FY2634.2%-2.6 pts-2.4 pts
Q3 FY2636.8%-4.4 pts-3.9 pts
Q2 FY2641.1%+2.1 pts—
Q1 FY2639.0%+2.4 pts—
Q4 FY2536.6%-4.1 pts—
Q3 FY2540.6%——

Q1 FY27 at a glance

Stride, Q1 FY27: revenue $639M (+3% year over year), operating margin 13.2%, net earnings $64.9M, operating cash flow −$125M. The chart follows the revenue to costs, profit and cash.

Questions

What is Stride's gross margin?

Stride's gross margin was 37.7% in Q1 FY27 (first quarter fiscal 2027), +3.6 pts from Q4 FY26.

How has Stride's gross margin changed?

Over the last 7 quarters it ranged from 34.2% (Q4 FY26) to 41.1% (Q2 FY26).

Q1 FY27 results → · How Stride makes money →