← Stride, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $872.7m | $888.5m | $917.7m | $1.0b | $1.0b | $1.5b | $1.7b | $1.8b | $2.0b | $2.4b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | $1.0b | $1.0b | $1.5b | — | — | — | — | |
| Cost of Revenue | $556.6m | $569.8m | $601.7m | $663.4m | $693.2m | $1.0b | $1.1b | $1.2b | $1.3b | $1.5b | |
| Gross Profit (derived) | $316.1m | $318.7m | $316.0m | $352.3m | $347.5m | $534.9m | $596.5m | $647.1m | $763.6m | $943.9m | |
| Operating Income (Loss) | $13.9m | $13.1m | $25.5m | $45.5m | $32.5m | $110.5m | $156.6m | $165.5m | $249.6m | $360.1m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $2.7m | $2.9m | $3.0m | $3.0m | $6.1m | $11.6m | $13.0m | $15.2m | $12.9m | $9.9m | |
| Goodwill, Impairment Loss | $0 | — | — | — | $0 | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | $48.4m | $33.4m | $81.1m | $132.0m | $161.3m | $262.8m | $374.9m | |
| Income (Loss) from Equity Method Investments | — | — | — | ($632k) | ($380k) | $684k | $144k | ($334k) | $977k | ($2.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $13.3m | $4.9m | $26.5m | $48.4m | $33.4m | $95.3m | $147.1m | $172.2m | $268.7m | $380.9m | |
| Net Income (Loss) Attributable to Parent | $9.0m | $451k | $27.6m | $37.2m | $24.5m | $71.5m | $107.1m | $126.9m | $204.2m | $287.9m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($484k) | ($910k) | ($200k) | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $0.24 | $0.01 | $0.70 | $0.96 | $0.62 | $1.78 | $2.58 | $3.00 | $4.79 | $6.69 | |
| Earnings Per Share, Diluted | $0.23 | $0.01 | $0.68 | $0.91 | $0.60 | $1.71 | $2.52 | $2.97 | $4.69 | $5.95 | |
| Weighted Average Number of Shares Outstanding, Basic | 37.6m | 38.3m | 39.3m | 38.8m | 39.5m | 40.2m | 41.5m | 42.3m | 42.6m | 43.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 38.9m | 39.5m | 40.6m | 40.9m | 40.7m | 41.9m | 42.4m | 42.7m | 43.5m | 48.4m | |
| Selling, General and Administrative Expense | $302.2m | $305.6m | $290.4m | $297.4m | $315.1m | $424.4m | $439.8m | $481.6m | $514.0m | $524.3m | |
| Other Nonoperating Income (Expense) | — | — | — | $114k | $272k | $2.8m | ($1.3m) | $15.5m | $26.9m | $33.6m | |
| Cost of Property Repairs and Maintenance | — | — | — | $13.7m | $10.3m | $7.9m | $6.1m | — | — | — | |
| Costs and Expenses | $858.8m | $875.4m | $892.2m | $970.3m | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $8.6m | $12.5m | $3.1m | $6.8m | $9.8m | $22.0m | $38.9m | $55.7m | $61.6m | $110.8m | |
| Equipment Expense | — | — | $3.4m | $4.1m | $3.8m | $8.4m | $8.6m | $3.1m | $4.0m | $3.8m | |
| Marketing and Advertising Expense | $31.2m | $36.8m | $37.5m | $38.0m | $32.7m | $23.0m | $86.5m | $96.8m | $96.5m | $103.6m | |
| Research and Development Expense | $10.1m | $12.5m | $9.2m | $9.5m | $9.7m | $3.7m | $7.5m | $15.5m | $16.7m | $16.6m | |
| Income Tax Expense (Benefit) | $4.7m | $5.4m | ($910k) | $10.5m | $8.5m | $24.5m | $40.1m | $45.3m | $64.5m | $93.0m | |
| Interest Income (Expense), Net | ($617k) | $1.8m | $965k | — | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | $2.8m | $698k | ($18.0m) | ($8.3m) | ($8.4m) | ($8.8m) | ($10.5m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.