Stride, Inc. announced robust second quarter fiscal year 2026 results, with revenue increasing to $631.3 million from $587.2 million in the prior year. Net income rose to $99.5 million, and diluted net income per share reached $2.12. The company also reported significant increases in adjusted operating income and adjusted EBITDA, alongside stabilization and enhancements in its core platform issues.
Revenue increased by 7.5% to $631.3 million compared to $587.2 million in the second quarter of fiscal year 2025.
Net income grew by 3.2% to $99.5 million, up from $96.4 million in the previous year.
Diluted net income per share was $2.12, an increase of 4.4% from $2.03 in the same period last year.
Adjusted EBITDA saw a substantial rise of 17.2% to $188.1 million, compared to $160.4 million in the prior year.
Stride, Inc. provided a positive outlook for fiscal year 2026 and the third quarter of fiscal year 2026, anticipating continued revenue growth and strong adjusted operating income.
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