Stride Q1 revenue rises 14.8% to $551.1 million; net income $40.9 million
Stride reported first-quarter fiscal 2025 results for the three months ended September 30, 2024, with revenue of $551.1 million, up 14.8%, and net income of $40.9 million, or $0.94 per diluted share, compared with $4.9 million, or $0.11, a year earlier. First-quarter enrollments rose 18.5% to 222.6K. The company also forecast full fiscal 2025 revenue of $2.225 billion to $2.300 billion and adjusted operating income of $395 million to $425 million, though the filing does not compare these forecasts with earlier ones.
Key points
- Revenue of $551.1 million, up from $480.2 million, an increase of 14.8%
- Net income of $40.9 million and diluted EPS of $0.94, versus $4.9 million and $0.11 a year earlier
- Enrollments of 222.6K, up 18.5%; Career Learning enrollments of 91.7K, up 30.4%
- Fiscal 2025 revenue outlook of $2.225 billion to $2.300 billion; second-quarter revenue outlook of $560 million to $580 million
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.