Filing Flows › Stride (LRN) › Q4 FY25
Stride (LRN) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 6, 2025
Stride (LRN) reported revenue of $654M for the fourth quarter fiscal 2025 (Q4 FY25), +22% from a year earlier and +7% from the quarter before. Operating margin was 8.7%, net earnings $51.3M (7.9% of revenue).
Stride, Q4 FY25: revenue $654M (+22% year over year), operating margin 8.7%, net earnings $51.3M, operating cash flow $298M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $654M | +7% | +22% |
| Gross profit | $239M | -4% | +27% |
| Operating profit | $56.9M | -57% | -23% |
| Net earnings | $51.3M | -48% | -18% |
| Operating cash flow | $298M | +461% | +73% |
| Free cash flow | $298M | +463% | +74% |
What changed
Revenue was $653.6M in Q4 FY25, up 22% year over year and up 7% from the previous quarter. General Education was the largest line at 60% of revenue.
Gross margin was 36.6%, up 1.3 points from a year earlier. Operating profit was $56.9M, a 8.7% margin (down 5.1 points year over year). Operating profit fell $16.8M even though revenue rose $119.5M versus a year earlier, so costs grew faster than sales. Operating expenses grew 59% against revenue growth of 22%. Net earnings were $51.3M, down 18% year over year. The effective tax rate was 20.1%.
Operating cash flow was $298.3M (up 73% year over year), 581% of net earnings. Non-cash charges added back $30.2M of depreciation and amortization and $11.9M of share-based compensation. Working capital and other items added $204.9M. Capital expenditures of $431K left free cash flow of $297.9M.
Questions
What was Stride's revenue in the fourth quarter fiscal 2025?
Stride (LRN) reported revenue of $654M for the fourth quarter fiscal 2025 (Q4 FY25), +22% from a year earlier and +7% from the quarter before.
Was Stride profitable in the fourth quarter fiscal 2025?
Operating profit was $56.9M (8.7% of revenue) and net earnings $51.3M.
Source: Stride 10-K on SEC EDGAR.