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Stride (LRN) operating margin by quarter

Stride's operating margin was 13.2% in Q1 FY27 (first quarter fiscal 2027), -3.5 pts from Q4 FY26. Over the last 7 quarters it ranged from 8.7% (Q4 FY25) to 23.3% (Q2 FY26).

Stride operating margin by quarterStride operating margin by quarter21.3%Q3 FY258.7%Q4 FY2511.1%Q1 FY2623.3%Q2 FY2620.5%Q3 FY2616.6%Q4 FY2613.2%Q1 FY27
QuarterOperating marginQ/QY/Y
Q1 FY2713.2%-3.5 pts+2.1 pts
Q4 FY2616.6%-3.9 pts+7.9 pts
Q3 FY2620.5%-2.8 pts-0.8 pts
Q2 FY2623.3%+12.2 pts—
Q1 FY2611.1%+2.4 pts—
Q4 FY258.7%-12.6 pts—
Q3 FY2521.3%——

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 operating margin?

Stride's operating margin was 13.2% in Q1 FY27 (first quarter fiscal 2027), -3.5 pts from Q4 FY26.

How has Stride's operating margin changed?

Over the last 7 quarters it ranged from 8.7% (Q4 FY25) to 23.3% (Q2 FY26).

Q1 FY27 results → · How Stride makes money →