Stride, Inc. financial data

Symbol
LRN on NYSE
Industry
Services-Educational Services
Location
11720 Plaza America Drive, 9 Th Floor, Reston, VA
State of incorporation
DE
Fiscal year end
June 30
Former names
K12 INC (to 12/15/2020)
Latest financial report
10-Q - Q3 2024 - Oct 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 485 % +35.6%
Quick Ratio 9.98 % +8.24%
Debt-to-equity 67.2 % -23.5%
Return On Assets 12.7 % +40.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.6M shares +0.57%
Common Stock, Shares, Outstanding 43.6M shares +0.56%
Entity Public Float 1.64B USD +105%
Common Stock, Value, Issued 4K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.9M shares +0.87%
Weighted Average Number of Shares Outstanding, Diluted 43.7M shares +1.69%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 2.11B USD +11.6%
Operating Income (Loss) 294M USD +48.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 172M USD +17%
Income Tax Expense (Benefit) 74.2M USD +36.5%
Net Income (Loss) Attributable to Parent 240M USD +55.5%
Earnings Per Share, Basic 5.63 USD/shares +54.2%
Earnings Per Share, Diluted 5.52 USD/shares +52.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 318M USD +24.8%
Marketable Securities, Current 204M USD
Accounts Receivable, after Allowance for Credit Loss, Current 676M USD +7.32%
Inventory, Net 22.3M USD +2.61%
Other Assets, Current 17.2M USD -86.2%
Assets, Current 1.29B USD +19.5%
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 51.6M USD -20.1%
Intangible Assets, Net (Excluding Goodwill) 57.7M USD -19.6%
Goodwill 247M USD 0%
Other Assets, Noncurrent 110M USD +0.51%
Assets 1.97B USD +11.6%
Accounts Payable, Current 50.1M USD -32.9%
Employee-related Liabilities, Current 40.5M USD +1.14%
Accrued Liabilities, Current 56M USD +10.2%
Contract with Customer, Liability, Current 32.3M USD -61.5%
Liabilities, Current 231M USD -22.9%
Contract with Customer, Liability, Noncurrent 870K USD -51.5%
Deferred Income Tax Liabilities, Net 2.3M USD
Operating Lease, Liability, Noncurrent 42.3M USD -23%
Other Liabilities, Noncurrent 16.2M USD +36.1%
Liabilities 758M USD -6.37%
Accumulated Other Comprehensive Income (Loss), Net of Tax -58K USD -65.7%
Retained Earnings (Accumulated Deficit) 599M USD +66.9%
Stockholders' Equity Attributable to Parent 1.21B USD +26.7%
Liabilities and Equity 1.97B USD +11.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -142M USD -4.95%
Net Cash Provided by (Used in) Financing Activities -20M USD -44.5%
Net Cash Provided by (Used in) Investing Activities -20.9M USD -196%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 48.9M 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 -183M USD -17.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 318M USD +24.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 3.19M USD +9.48%
Deferred Tax Assets, Valuation Allowance 7.39M USD +8.78%
Deferred Tax Assets, Gross 68.5M USD -3.91%
Operating Lease, Liability 55M USD -21.2%
Payments to Acquire Property, Plant, and Equipment 669K USD -60.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 240M USD +56.1%
Lessee, Operating Lease, Liability, to be Paid 59.7M USD -21.6%
Property, Plant and Equipment, Gross 163M USD +3.56%
Operating Lease, Liability, Current 12.6M USD -14.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.79M USD -29.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 12.4M USD -13.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 10.9M USD +37.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.7M USD -26.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.8M USD -11.1%
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 7.61M USD -1.74%
Operating Lease, Payments 14.6M USD +10.4%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 12.5M USD -16.1%
Depreciation, Depletion and Amortization 28.1M USD +0.42%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%