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
Q1 2024 - Apr 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 393 % +15.8%
Quick Ratio 8.75 % -11.1%
Debt-to-equity 78.2 % -19.5%
Return On Assets 10.3 % +51.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 43.3 M shares +0.5%
Common Stock, Shares, Outstanding 43.3 M shares +0.49%
Entity Public Float 799 M USD -21.4%
Common Stock, Value, Issued 4 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 42.7 M shares +0.73%
Weighted Average Number of Shares Outstanding, Diluted 43.7 M shares +2.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.99 B USD +9.97%
Research and Development Expense 15.5 M USD +107%
Operating Income (Loss) 230 M USD +45.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 172 M USD +17%
Income Tax Expense (Benefit) 62.9 M USD +52.5%
Net Income (Loss) Attributable to Parent 185 M USD +65.6%
Earnings Per Share, Basic 4.34 USD/shares +63.2%
Earnings Per Share, Diluted 4.27 USD/shares +64.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 377 M USD +0.78%
Accounts Receivable, after Allowance for Credit Loss, Current 578 M USD +21.7%
Inventory, Net 21 M USD -8.07%
Other Assets, Current 194 M USD +100%
Assets, Current 1.21 B USD +20.1%
Deferred Income Tax Assets, Net 14.8 M USD
Property, Plant and Equipment, Net 52.3 M USD -15%
Operating Lease, Right-of-Use Asset 57.7 M USD -20%
Intangible Assets, Net (Excluding Goodwill) 64.7 M USD -19.3%
Goodwill 247 M USD 0%
Other Assets, Noncurrent 107 M USD +5.8%
Assets 1.89 B USD +11.3%
Accounts Payable, Current 37.2 M USD +5.4%
Employee-related Liabilities, Current 62.4 M USD +16%
Accrued Liabilities, Current 67.7 M USD +47.9%
Contract with Customer, Liability, Current 70.9 M USD -24.8%
Liabilities, Current 282 M USD -0.8%
Contract with Customer, Liability, Noncurrent 1.66 M USD -25.9%
Deferred Income Tax Liabilities, Net 5.35 M USD -40.8%
Operating Lease, Liability, Noncurrent 48.4 M USD -22.3%
Other Liabilities, Noncurrent 14.4 M USD +45.9%
Liabilities 789 M USD -1.43%
Accumulated Other Comprehensive Income (Loss), Net of Tax -42 K USD -171%
Retained Earnings (Accumulated Deficit) 496 M USD +59.4%
Stockholders' Equity Attributable to Parent 1.1 B USD +22.7%
Liabilities and Equity 1.89 B USD +11.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -135 M USD +5.48%
Net Cash Provided by (Used in) Financing Activities -13.8 M USD +45.3%
Net Cash Provided by (Used in) Investing Activities -7.07 M USD +73.3%
Common Stock, Shares Authorized 100 M shares 0%
Common Stock, Shares, Issued 48.6 M shares +0.43%
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 -156 M USD +19.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 377 M USD +0.78%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.91 M USD +4.11%
Deferred Tax Assets, Valuation Allowance 6.79 M USD +1.71%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 71.3 M USD -14.2%
Operating Lease, Liability 61.3 M USD -19.9%
Payments to Acquire Property, Plant, and Equipment 1.69 M USD +85.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 185 M USD +65.1%
Lessee, Operating Lease, Liability, to be Paid 66.8 M USD -20.2%
Property, Plant and Equipment, Gross 158 M USD +4.62%
Operating Lease, Liability, Current 12.9 M USD -9.33%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.4 M USD -19.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.3 M USD -11.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) 7.9 M USD -54.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 5.52 M USD -23.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.72 M USD -27.7%
Deferred Tax Assets, Operating Loss Carryforwards 17.6 M USD -10.1%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -9.03 M USD -618%
Current Income Tax Expense (Benefit) 55.7 M USD +43.2%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 3.16 M USD +82.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.71 M USD -9.44%
Operating Lease, Payments 15.3 M USD +14.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 12 M USD +59.4%
Current Federal Tax Expense (Benefit) 41.4 M USD +47.9%
Amortization of Intangible Assets 14.1 M USD +6.82%
Depreciation, Depletion and Amortization 28 M USD +6.73%
Deferred State and Local Income Tax Expense (Benefit) -1.34 M USD -142%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%