OverviewSuggest Edit

Stride (formerly K12) is an education services company providing online and blended learning. It offers curriculum, systems, instruction, and support services. General Education products and services are predominantly focused on kindergarten through twelfth grade students for core subjects including math, English, science, and history. Career Learning products and services are focused on developing skills for students, in middle school through high school and adult learners, to enter careers in information technology, business, and health services industries. Stride caters to public and private schools, school districts, charter boards, employers, government agencies, and consumers.

TypePublic
Founded2000
HQHerndon, VA, US
Websitestridelearning.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Jun 2020)4,950(+9%)
Job Openings441
Revenue (FY, 2020)$1 B(+3%)
Share Price (May 2021)$28.4
Cybersecurity ratingAMore

Key People/Management at Stride

James Rhyu

James Rhyu

Chief Executive Officer
Nate Davis

Nate Davis

Executive Chairman, Director
Timothy Medina

Timothy Medina

Chief Financial Officer
Kevin Chavous

Kevin Chavous

President, Academic Policy and External Affairs
Shaun McAlmont

Shaun McAlmont

President, Career Learning Solutions
Vincent Mathis

Vincent Mathis

EVP, General Counsel
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Stride Office Locations

Stride has an office in Herndon
Herndon, VA, US (HQ)
2300 Corporate Park Dr
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Stride Financials and Metrics

Stride Revenue

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Stride's revenue was reported to be $1.04 b in FY, 2020 which is a 2.5% increase from the previous period.
USD

Revenue (Q3, 2021)

392.1m

Gross profit (Q3, 2021)

139.0m

Gross profit margin (Q3, 2021), %

35.5%

Net income (Q3, 2021)

23.8m

EBIT (Q3, 2021)

38.6m

Market capitalization (7-May-2021)

1.2b

Closing stock price (7-May-2021)

28.4

Cash (31-Mar-2021)

329.0m

EV

1.2b
Stride's current market capitalization is $1.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

917.7m1.0b1.0b

Revenue growth, %

3%11%2%

Cost of goods sold

592.5m663.4m693.2m

Gross profit

325.2m352.3m347.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

251.3m254.9m253.3m257.1m257.6m257.2m371.0m376.1m392.1m

Cost of goods sold

159.0m160.3m168.3m169.4m167.5m179.0m241.1m246.8m253.1m

Gross profit

92.3m94.5m85.0m87.8m90.1m78.2m129.9m129.4m139.0m

Gross profit Margin, %

37%37%34%34%35%30%35%34%35%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

231.1m283.1m212.3m

Accounts Receivable

176.3m191.6m236.1m

Prepaid Expenses

10.3m12.6m13.1m

Inventories

31.1m29.9m28.3m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

27.4m37.2m24.5m

Depreciation and Amortization

75.3m71.4m72.1m

Accounts Payable

(2.3m)20.2m(6.2m)

Cash From Operating Activities

103.6m141.6m80.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(8.3m)15.4m33.9m(9.7m)10.9m19.6m12.7m37.2m61.0m

Depreciation and Amortization

18.5m36.2m53.3m17.1m34.4m52.8m18.3m41.4m65.0m

Accounts Payable

16.0m(3.4m)(3.1m)(2.4m)(14.1m)(20.1m)30.9m(7.2m)(913.0k)

Cash From Operating Activities

(49.1m)24.9m73.3m(86.8m)(21.3m)3.0m(114.5m)(80.0m)11.1m
USDFY, 2018

EV/EBIT

17.2 x

EV/CFO

4.2 x

Revenue/Employee

195.3k

Financial Leverage

1.3 x

P/E Ratio

24.1
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Stride Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q2, 2021Q1, 2021

Student Enrollments (General Education)

164.6 k161.2 k

Student Enrollments (Managed Public School Programs)

108.74 k118.8 k116.4 k117.1 k115.56 k122.3 k117.6 k119.7 k118.59 k

Student Enrollments (Non-managed Public School Programs)

23.9 k23.8 k23.7 k24.5 k23.9 k15.6 k15.6 k16.2 k15.8 k

Total Enrollment

191.5 k195.4 k
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Stride Acquisitions / Subsidiaries

Company NameDateDeal Size
Tech ElevatorNovember 17, 2020$23.5 m
GalvanizeJanuary 24, 2020$165 m
LTS Education SystemsMay 02, 2016$20 m
LearnBopAugust 04, 2014
American Education CorporationNovember 02, 2010
KC Distance LearningJuly 26, 2010
Big Universe, Inc.
Disguise the Learning, Inc.
Fuel Education LLC
Galvanize Inc.
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Stride Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Stride Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Stride Online and Social Media Presence

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Stride News and Updates

Chinova Bioworks Hits 5-Year Mark in Stride With Manufacturing Expansion for Chiber

FREDERICTON, New Brunswick, April 21, 2021 (GLOBE NEWSWIRE) -- It was a novel idea for a vital ingredient to preserve food products without artificial means that brought Natasha Dhayagude and David Brown together to start Chinova Bioworks five years ago with their natural fiber extract derived fro…

Goldman Team Says U.S. Stocks Take Biden Tax Plan in Stride

U.S. Stocks Look on Bright Side of Biden’s Tax and Spend Plan

Volatility Traders Take $1.5 Trillion Tech Rout in Their Stride

Volatility Markets Flash Reassuring Signals for Stock Dip Buyers

How edtech startup Camp K12 scaled up from a coding bootcamp to a live learning platform

Edtech startup Camp K12 began as a coding bootcamp in 2010. But its growth in the last 10 months has overshadowed its journey of the last 10 years.

The App-Garden Partners with TransACT Communications to Offer K12 Better Options for Modern Transportation, Operations and HR Challenges

LYNNWOOD, Wash., Feb. 16, 2021 /PRNewswire/ -- TransACT Communications (transact.com) has acquired App-Garden (app-garden.com), a leader in K-12 transportation and operations administrative software. The App-Garden team has over 27 years of experience in developing easy-to-use...

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against K12 Inc. (LRN)

Shareholders with $100,000 losses or more are encouraged to contact the firm
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Stride Blogs

Lone Star Online Academy at Roscoe Celebrates Inaugural Kindergarten Class

Students Enrolled in the School’s First Kindergarten Class Will Be Recognized with a Virtual Graduation Ceremony After a school year unlike any other, Lone Star Online Academy at Roscoe (LSOA), an online public school serving students in Pre-K through 5 th grade across Texas, will recognize their fi…

First-Ever Stride K12 National Spelling Bee for Online Learners: Students Compete to Spell “Champion” on May 16

Finalists from Stride K12-Powered Schools Compete for National Title Students from across the country will have a unique opportunity to test their spelling skills at the first-ever K12 National Spelling Bee, hosted by Stride, Inc. (NYSE: LRN) later this month. As part of a nationwide tournament, Str…

Botetourt County Public Schools Selects Stride Learning Solutions to Launch Division-Wide Virtual Academy

Stride Learning Solutions will provide customized online school platform, curriculum to support student success The 2021-2022 school year will welcome students from Botetourt County Public Schools (BCPS) to a new education option: BCPS Virtual Academy . The online K-12 school will offer district fam…

Alabama Virtual Academy to Celebrate 2021 Graduates with Online Commencement Ceremony

Alabama Virtual Academy at Eufaula City Schools (ALVA-ECS), an online public school serving students in grades K-12 throughout the state, will celebrate the Class of 2021 during a commencement ceremony on Friday, May 14 th . Collectively, the Class of 2021 reports it has been accepted to trade schoo…

MedCerts Teams Up with SkillUp to Get Maryland Job Seekers Back to Work

Working with five local workforce development boards across the state, MedCerts will help train unemployed or underemployed Maryland residents for in-demand IT careers MedCerts , a leader in online career certification training, is joining together with the SkillUp Coalition , which provides displac…

Boeing Launches Mentorship Program Powered by Tallo

2021 STEM Signing Day honorees invited to participate in virtual mentorship sessions with Boeing employees during their first year of college During its 2021 STEM Signing Day celebration on April 29, Boeing announced that it will offer student honorees exclusive access to a mentorship program facili…
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Stride Frequently Asked Questions

  • When was Stride founded?

    Stride was founded in 2000.

  • Who are Stride key executives?

    Stride's key executives are James Rhyu, Nate Davis and Timothy Medina.

  • How many employees does Stride have?

    Stride has 4,950 employees.

  • What is Stride revenue?

    Latest Stride annual revenue is $1 b.

  • What is Stride revenue per employee?

    Latest Stride revenue per employee is $210.3 k.

  • Who are Stride competitors?

    Competitors of Stride include McGraw-Hill, Cengage Learning and Curriculum Associates.

  • Where is Stride headquarters?

    Stride headquarters is located at 2300 Corporate Park Dr, Herndon.

  • Where are Stride offices?

    Stride has an office in Herndon.

  • How many offices does Stride have?

    Stride has 1 office.