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.
| Type | Public | |
| Founded | 2000 | |
| HQ | Herndon, VA, US | Map |
| Website | stridelearning.com | |
| Employee Ratings | More |
Recent NewsAll News
Key People/Management at Stride
James Rhyu
Chief Executive Officer
Nate Davis
Executive Chairman, Director
Timothy Medina
Chief Financial Officer
Kevin Chavous
President, Academic Policy and External Affairs
Shaun McAlmont
President, Career Learning Solutions
Vincent Mathis
EVP, General Counsel
Stride Office Locations
Stride has an office in Herndon
Herndon, VA, US (HQ)
2300 Corporate Park Dr
Stride Financials and Metrics
Stride Revenue
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
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 251.3m | 254.9m | 253.3m | 257.1m | 257.6m | 257.2m | 371.0m | 376.1m | 392.1m |
Cost of goods sold | 159.0m | 160.3m | 168.3m | 169.4m | 167.5m | 179.0m | 241.1m | 246.8m | 253.1m |
Gross profit | 92.3m | 94.5m | 85.0m | 87.8m | 90.1m | 78.2m | 129.9m | 129.4m | 139.0m |
Gross profit Margin, % | 37% | 37% | 34% | 34% | 35% | 30% | 35% | 34% | 35% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 143.0m | 203.3m | 234.0m | 165.9m | 211.6m | 150.0m | 308.8m | 258.1m | 329.0m |
Accounts Receivable | 283.8m | 239.7m | 238.6m | 267.7m | 251.6m | 284.3m | 419.6m | 435.3m | 422.8m |
Prepaid Expenses | 25.2m | 19.1m | 18.0m | 29.9m | 16.7m | 18.9m | 33.3m | 21.5m | 26.7m |
Inventories | 18.1m | 17.1m | 17.2m | 20.5m | 20.1m | 19.6m | 24.0m | 28.6m | 28.8m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (8.3m) | 15.4m | 33.9m | (9.7m) | 10.9m | 19.6m | 12.7m | 37.2m | 61.0m |
Depreciation and Amortization | 18.5m | 36.2m | 53.3m | 17.1m | 34.4m | 52.8m | 18.3m | 41.4m | 65.0m |
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) | 24.9m | 73.3m | (86.8m) | (21.3m) | 3.0m | (114.5m) | (80.0m) | 11.1m |
| USD | FY, 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 |
Stride Operating Metrics
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q2, 2021 | Q1, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Student Enrollments (General Education) | 164.6 k | 161.2 k | |||||||||
Student Enrollments (Managed Public School Programs) | 108.74 k | 118.8 k | 116.4 k | 117.1 k | 115.56 k | 122.3 k | 117.6 k | 119.7 k | 118.59 k | ||
Student Enrollments (Non-managed Public School Programs) | 23.9 k | 23.8 k | 23.7 k | 24.5 k | 23.9 k | 15.6 k | 15.6 k | 16.2 k | 15.8 k | ||
Total Enrollment | 191.5 k | 195.4 k |
Stride Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Tech Elevator | November 17, 2020 | $23.5 m |
| Galvanize | January 24, 2020 | $165 m |
| LTS Education Systems | May 02, 2016 | $20 m |
| LearnBop | August 04, 2014 | |
| American Education Corporation | November 02, 2010 | |
| KC Distance Learning | July 26, 2010 | |
| Big Universe, Inc. | ||
| Disguise the Learning, Inc. | ||
| Fuel Education LLC | ||
| Galvanize Inc. |
Stride Cybersecurity Score
Stride Environment, Social & Governance (ESG) Ratings
Stride Online and Social Media Presence
17.65k Twitter followers
Stride has 17.65k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 85.3% quarter over quarter
Stride's Trends
Twitter Engagement Stats for @stridelearn
18.1k
Tweets
7.8k
Following
17.7k
Followers
72
Tweets last 30 days
2.7
Avg. likes per Tweet
94.4%
Tweets with engagement
Stride News and Updates
April 21, 2021
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…
March 22, 2021
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
March 08, 2021
Volatility Traders Take $1.5 Trillion Tech Rout in Their Stride
Volatility Markets Flash Reassuring Signals for Stock Dip Buyers
February 24, 2021
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.
February 16, 2021
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...
January 14, 2021
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
Stride Blogs
May 12, 2021
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…
May 12, 2021
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…
May 12, 2021
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…
May 12, 2021
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…
May 03, 2021
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…
May 03, 2021
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…
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.
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