Stride, Inc. financial data

Symbol
LRN on NYSE
Industry
Services-Educational Services
Location
11720 Plaza America Drive, 9 Th Floor, Reston, Virginia
State of incorporation
Delaware
Fiscal year end
June 30
Former names
K12 INC (to 12/15/2020)
Latest financial report
10-K - Q2 2024 - Aug 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 434 % +24.8%
Quick Ratio 9.29 % -5.69%
Debt-to-equity 72.4 % -22%
Return On Assets 11.1 % +46.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.3M shares +0.66%
Common Stock, Shares, Outstanding 43.2M shares +0.55%
Entity Public Float 1.64B USD +105%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.6M shares +0.81%
Weighted Average Number of Shares Outstanding, Diluted 43.5M shares +1.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.04B USD +11%
Operating Income (Loss) 250M USD +50.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 172M USD +17%
Income Tax Expense (Benefit) 64.5M USD +42.2%
Net Income (Loss) Attributable to Parent 204M USD +60.9%
Earnings Per Share, Basic 4.79 USD/shares +59.7%
Earnings Per Share, Diluted 4.69 USD/shares +57.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 501M USD +21.9%
Marketable Securities, Current 192M USD +71.3%
Accounts Receivable, after Allowance for Credit Loss, Current 473M USD +1.95%
Inventory, Net 36.7M USD +0.09%
Other Assets, Current 14.5M USD -15.8%
Assets, Current 1.25B USD +16.9%
Deferred Income Tax Assets, Net 7.2M USD -18%
Property, Plant and Equipment, Net 50.9M USD -2.82%
Operating Lease, Right-of-Use Asset 54.5M USD -21.6%
Intangible Assets, Net (Excluding Goodwill) 60.3M USD -19.4%
Goodwill 247M USD 0%
Other Assets, Noncurrent 120M USD +10.2%
Assets 1.92B USD +9.08%
Accounts Payable, Current 41M USD -16.1%
Employee-related Liabilities, Current 64.9M USD +13%
Accrued Liabilities, Current 60.8M USD -20.7%
Contract with Customer, Liability, Current 35.7M USD -53.1%
Liabilities, Current 244M USD -21%
Contract with Customer, Liability, Noncurrent 1.1M USD -46.8%
Deferred Income Tax Liabilities, Net 5.35M USD -40.8%
Operating Lease, Liability, Noncurrent 45.2M USD -24%
Other Liabilities, Noncurrent 13.8M USD +31.9%
Liabilities 744M USD -8.48%
Accumulated Other Comprehensive Income (Loss), Net of Tax -42K USD -20%
Retained Earnings (Accumulated Deficit) 559M USD +57.6%
Stockholders' Equity Attributable to Parent 1.18B USD +24.1%
Liabilities and Equity 1.92B USD +9.08%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -135M USD +5.48%
Net Cash Provided by (Used in) Financing Activities -13.8M USD +45.3%
Net Cash Provided by (Used in) Investing Activities -7.07M USD +73.3%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 48.6M shares +0.49%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -156M USD +19.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 501M USD +21.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.91M USD +4.11%
Deferred Tax Assets, Valuation Allowance 7.39M USD +8.78%
Deferred Tax Assets, Gross 68.5M USD -3.91%
Operating Lease, Liability 57.9M USD -21.6%
Payments to Acquire Property, Plant, and Equipment 1.69M USD +85.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 204M USD +61.2%
Lessee, Operating Lease, Liability, to be Paid 63M USD -22%
Property, Plant and Equipment, Gross 163M USD +3.56%
Operating Lease, Liability, Current 12.7M USD -11.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.4M USD +0.58%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.3M USD -8.97%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 7.9M USD -54.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.08M USD -26.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.71M USD -0.55%
Deferred Tax Assets, Operating Loss Carryforwards 15.6M USD -11.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 4.29M USD +35.8%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.71M USD -0.18%
Operating Lease, Payments 15M USD +22.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 12.9M USD -15.1%
Depreciation, Depletion and Amortization 28M USD +6.73%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%