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 |
Key People/Management at Stride
James Rhyu
Nate Davis
Timothy Medina
Vincent Mathis
Harsh Patel
Charles Bennett
Stride Office Locations
Stride Financials and Metrics
Stride Revenue
| USD | |
|---|---|
Revenue (Q2, 2022) | 409.5m |
Gross profit (Q2, 2022) | 147.6m |
Gross profit margin (Q2, 2022), % | 36% |
Net income (Q2, 2022) | 42.0m |
EBIT (Q2, 2022) | 56.9m |
Market capitalization (3-May-2022) | 1.6b |
Closing stock price (3-May-2022) | 38.1 |
Cash (31-Dec-2021) | 257.0m |
EV | 2.0b |
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|
Net Income | (9.7m) | 10.9m | 19.6m | 12.7m | 37.2m | 61.0m | (5.9m) | 36.1m |
Depreciation and Amortization | 17.1m | 34.4m | 52.8m | 18.3m | 41.4m | 65.0m | 24.1m | 49.3m |
Accounts Payable | (2.4m) | (14.1m) | (20.1m) | 30.9m | (7.2m) | (913.0k) | (1.3m) | (26.8m) |
Cash From Operating Activities | (86.8m) | (21.3m) | 3.0m | (114.5m) | (80.0m) | 11.1m | (131.5m) | (11.7m) |
| USD | FY, 2019 |
|---|---|
EV/EBIT | 21.2 x |
EV/CFO | 6.8 x |
Revenue/Employee | 223.2k |
Financial Leverage | 1.3 x |
P/E Ratio | 33.4 |
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 |
|---|---|---|
| MedCerts | November 30, 2020 | $80.8 m |
| 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 |
Stride Revenue Breakdown
Stride revenue breakdown by business segment: 83.3% from General Education and 16.7% from Career Learning
Stride Cybersecurity Score
Stride Environment, Social & Governance (ESG) Ratings
Stride Online and Social Media Presence
17.47k Twitter followers
Stride has 17.47k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 0.1% quarter over quarter
Stride's Trends
Twitter Engagement Stats for @stridelearn
18.7k
Tweets
7.8k
Following
17.5k
Followers
68
Tweets last 30 days
0.8
Avg. likes per Tweet
58.8%
Tweets with engagement
Stride News and Updates
Stride Ventures targets $137m for its second fund for Indian startups
Chinova Bioworks Hits 5-Year Mark in Stride With Manufacturing Expansion for Chiber
Goldman Team Says U.S. Stocks Take Biden Tax Plan in Stride
Volatility Traders Take $1.5 Trillion Tech Rout in Their Stride
How edtech startup Camp K12 scaled up from a coding bootcamp to a live learning platform
The App-Garden Partners with TransACT Communications to Offer K12 Better Options for Modern Transportation, Operations and HR Challenges
Stride Blogs
A Time to Celebrate the Students! Insight School of Indiana Class of 2021 Ready to Move Forward
Let’s Give it Up to the Students! Pikes Peak Online School and Colorado Preparatory Academy Class of 2021 Are Ready to Take Over the World
A Time to Celebrate the Students! Destinations Career Academy of Colorado Class of 2021 Ready to Move Forward
Tallo and the North America Scholastic Esports Federation Partner to Close Talent Gap in STEM
Stride, Inc. Has the Summer Covered With Free Online Enrichment Camps and Courses
It’s Time to Celebrate the Students! Nevada Virtual Academy Class of 2021 Never Stopped Moving Forward
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 7,100 employees.
What is Stride revenue?
Latest Stride annual revenue is $1.5 b.
What is Stride revenue per employee?
Latest Stride revenue per employee is $216.4 k.
Who are Stride competitors?
Competitors of Stride include The Goddard School, McGraw-Hill and Cengage Learning.
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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