Filing Flows › Stride (LRN) › Q4 FY26 › vs Q4 FY25
Stride (LRN) Q4 FY26 vs Q4 FY25 (year over year)
Stride's revenue fell $17.6M (-3%) from $654M in Q4 FY25 to $636M in Q4 FY26. Gross margin 34.2% against 36.6% (-2.4 pts).
Stride, Q4 FY26: revenue $636M (-3% year over year), operating margin 16.6%, net earnings $81.4M, operating cash flow $317M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 34.2% | 36.6% | -2.4 pts |
| Operating margin | 16.6% | 8.7% | +7.9 pts |
| Net margin | 12.8% | 7.9% | +4.9 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $636M | $654M | −$17.6M | -3% |
| Gross profit | $217M | $239M | −$21.6M | -9% |
| Cost of revenue | $419M | $415M | $4.1M | +1% |
| Operating profit | $106M | $56.9M | $49.0M | +86% |
| Operating expenses | $111M | $182M | −$70.6M | -39% |
| Pre-tax earnings | $104M | $64.3M | $40.0M | +62% |
| Net earnings | $81.4M | $51.3M | $30.1M | +59% |
| Income tax | $22.8M | $12.9M | $9.9M | +77% |
| Depreciation & amortization | $33.8M | $30.2M | $3.6M | +12% |
| Share-based compensation | $10.2M | $11.9M | −$1.7M | -14% |
| Working capital & other | $191M | $205M | −$13.4M | -7% |
| Operating cash flow | $317M | $298M | $18.5M | +6% |
Questions
How much did Stride's revenue grow year over year in Q4 FY26?
Stride's revenue fell $17.6M (-3%) from $654M in Q4 FY25 to $636M in Q4 FY26. Gross margin 34.2% against 36.6% (-2.4 pts).