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Dec 31, 2024
Stride Q2 2025 Earnings Report
Reported record quarterly results for the second quarter of fiscal year 2025.
Key Takeaways
Stride, Inc. announced its results for the second fiscal quarter ended December 31, 2024, revealing a 19.4% increase in enrollments, with Career Learning enrollments up by 30.9%. Revenue per enrollment remained relatively flat. The company is raising its revenue and adjusted operating forecast for the full fiscal year 2025.
Second quarter enrollments averaged 230.6K, a 19.4% increase compared to the previous year.
Career Learning enrollments rose by 30.9%, reaching 94.8K.
Revenue per enrollment was $2,395, consistent with the previous year.
Cash and cash equivalents and marketable securities totaled $738.1 million.
Stride
Stride
Forward Guidance
The Company is raising its revenue and adjusted operating forecast for the full fiscal year 2025 and providing guidance for the third quarter of fiscal year 2025.