Stride Inc. Reports Record Revenue and Earnings Growth for Q2 FY2025

The online education company surpassed analyst expectations with a 16.3% revenue increase and strong enrollment growth.

Stride Inc. reported Q2 FY2025 revenue of $587.2 million, a 16.3% increase compared to the same period last year, beating analyst estimates of $569.25 million.
Net income rose to $96.4 million, a 44.2% increase year-over-year, with earnings per share at $2.03, exceeding expectations of $1.94.
The company's Career Learning enrollments grew by 30.9% year-over-year, contributing significantly to its revenue growth.
Stride ended the quarter with $738.1 million in cash, cash equivalents, and marketable securities, reflecting a strong financial position.
The company raised its full-year revenue guidance to a range of $2.32 billion to $2.36 billion, surpassing prior estimates of $2.29 billion.