Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when LRN files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsStride Q1 FY2027 revenue up 3% to $639.4M, net income down 5.6% to $64.9M
Filed October 20, 2026 · Period ending October 20, 2026 · ~1 min read
Key Changes
-
high
Q1 FY2027 revenue rose 3.0% to $639.4 million, driven by 9.7% growth in Career Learning, partially offset by a 1.8% decline in General Education.
Exhibit 99.1 view on EDGAR → -
high
Net income fell 5.6% to $64.9 million, while diluted EPS rose 3.6% to $1.45 due to a lower share count.
Exhibit 99.1 view on EDGAR → -
high
Full-year FY2027 guidance: revenue of $2.530–$2.610 billion, adjusted operating income of $500–$530 million, capex of $70–$80 million.
Exhibit 99.1 view on EDGAR → -
medium
Q2 FY2027 guidance: revenue of $625–$645 million and adjusted operating income of $135–$145 million.
Exhibit 99.1 view on EDGAR → -
medium
Adjusted operating income fell 3.1% to $78.6 million, while adjusted EBITDA rose 3.1% to $111.8 million.
Exhibit 99.1 view on EDGAR →
Summary
Stride reported first-quarter fiscal 2027 results with revenue up 3% to $639.4 million, but net income declined 5.6% to $64.9 million. The revenue growth was led by a 9.7% increase in Career Learning, while General Education revenue slipped 1.8%. Diluted EPS rose 3.6% to $1.45, helped by a lower share count. Adjusted operating income fell 3.1% to $78.6 million, though adjusted EBITDA increased 3.1% to $111.8 million.
For the full year, Stride expects revenue between $2.530 billion and $2.610 billion, adjusted operating income of $500 million to $530 million, and capital expenditures of $70 million to $80 million. Second-quarter guidance calls for revenue of $625 million to $645 million and adjusted operating income of $135 million to $145 million.
The results show modest top-line growth but pressure on profitability, with net income down despite higher revenue. The divergence between adjusted operating income and adjusted EBITDA reflects stock-based compensation adjustments. Investors will likely focus on whether the company can sustain revenue growth and improve margins as the fiscal year progresses.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Stride issued a press release announcing Q1 FY2027 financial results for the quarter ended September 30, 2026.
Added in current filing · verify on EDGAR →
On October 20, 2026, Stride, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter fiscal year 2027 ended September 30, 2026.
The 8-K discloses that Stride issued a press release with its Q1 FY2027 financial results. The press release itself is furnished as Exhibit 99.1, but the 8-K body does not include any specific financial figures. Investors should refer to Exhibit 99.1 for revenue, EPS, guidance, and other quantitative details.
Event · Exhibit 99.1
Stride reports Q1 FY2027 revenue up 3% to $639.4M, net income down 5.6% to $64.9M, and issues FY2027 guidance.
Added in current filing · view on EDGAR →
Revenue in the range of $2.530 billion to $2.610 billion
Stride forecasts full-year fiscal 2027 revenue between $2.530 billion and $2.610 billion, with adjusted operating income of $500 million to $530 million and capital expenditures of $70 million to $80 million. The effective tax rate is expected to be 24% to 26%.
Added in current filing · view on EDGAR →
Revenue in the range of $625 million to $645 million
For the second quarter of fiscal 2027, Stride expects revenue of $625 million to $645 million and adjusted operating income of $135 million to $145 million. Capital expenditures are forecast at $19 million to $21 million.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Oct 21, 2026 · How we verify