Stride, Inc. reported total revenue of $2.518 billion for fiscal 2026, a 4.7% increase from the prior year, driven by strong performance in its career learning segment. Career learning middle and high school revenue rose 19.1% to $1.044 billion, with enrollments growing 13.9% to 109,700 students, while general education revenue declined 2.1% to $1.418 billion on a 2.5% enrollment decrease. Adjusted operating income increased 6.9% to $498.4 million, adjusted EBITDA rose 8.2% to $617.6 million, and adjusted earnings per share reached $8.33, up from $8.10. The company ended the year with $1.034 billion in cash and marketable securities, repurchased $188.7 million of its common stock, and extended its buyback authorization through October 2027 with $311.3 million remaining. Newly appointed CEO Robert E. Knowling Jr. emphasized improving student outcomes and indicated he will actively consider opportunistic stock repurchases once the trading window opens.
Stride IncFiscal 2026 revenue and adjusted EPS rose, with strong career learning growth and increased buyback authorization.
