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Mar 31, 2025
Stride Q3 2025 Earnings Report
Reported strong demand and record quarter results for the third fiscal quarter ended March 31, 2025
Key Takeaways
Stride, Inc. delivered a record third fiscal quarter with significant growth in revenue, operating income, net income, and EPS compared to the prior year, driven by strong demand, particularly in Career Learning. The company also raised its full-year fiscal 2025 outlook.
Revenue increased by 17.8% to $613.4 million in Q3 Fiscal 2025 compared to $520.8 million in the prior year period.
Net income grew by 42.6% to $99.3 million, resulting in diluted net income per share of $2.02.
Operating income saw a substantial increase of 48.1% to $130.8 million.
Average enrollments rose by 21.1% to 240.2K, with Career Learning enrollments surging by 33.7%.
Revenue by Segment
Forward Guidance
The company is raising its revenue and adjusted operating income forecast for the full fiscal year 2025.
Positive Outlook
- Fiscal Year 2025 Revenue is expected to be in the range of $2.370 billion to $2.385 billion.
- Fiscal Year 2025 Adjusted operating income is expected to be in the range of $455 million to $465 million.
- Effective tax rate for Fiscal Year 2025 is expected to be between 24% and 26%.
Challenges Ahead
- Capital expenditures for Fiscal Year 2025 are expected to be in the range of $60 million to $65 million, which represents an outflow of cash.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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