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 Ratings3.5

Latest Updates

Employees (est.) (Jun 2020)4,950(+9%)
Job Openings474
Revenue (FY, 2020)$1 B(+3%)
Share Price (Jul 2021)$31(-1%)
Cybersecurity ratingBMore

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
Shaun McAlmont

Shaun McAlmont

President, Career Learning Solutions
Vincent Mathis

Vincent Mathis

EVP, General Counsel
Harsh Patel

Harsh Patel

Chief Executive Officer, Galvanize
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Stride Office Locations

Stride has an office in Herndon
Herndon, VA, US (HQ)
2300 Corporate Park Dr
Show all (1)

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 (23-Jul-2021)

1.3b

Closing stock price (23-Jul-2021)

31.0

Cash (31-Mar-2021)

329.0m

EV

1.3b
Stride's current market capitalization is $1.3 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

B

83/100

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

Stride Ventures targets $137m for its second fund for Indian startups

Stride Ventures will hit the first close of its second fund within the next three months.

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...
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Stride Blogs

A Time to Celebrate the Students! Insight School of Indiana Class of 2021 Ready to Move Forward

After a school year like no other, Insight School of Indiana ( ISIN ), an online public school serving students throughout the state since 2008, will celebrate its graduates online with a commencement ceremony on June 1 st . The virtual ceremonies will begin at 6 pm EST. This press release features …

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

After a school year like no other, both the Pikes Peak Online School ( PPOS ) and Colorado Preparatory Academy ( CPA ), two online public school serving students throughout the state, will celebrate its graduates online with a commencement ceremony for both schools today, May 28 th at the Colorado S…

A Time to Celebrate the Students! Destinations Career Academy of Colorado Class of 2021 Ready to Move Forward

After a school year like no other, Destinations Career Academy of Colorado ( CODCA ), an online public school serving 6-12 grade students throughout the state since 2011, will celebrate its graduates both virtually and in-person with a commencement ceremony on May 28 beginning at 10:30 am. The in-pe…

Tallo and the North America Scholastic Esports Federation Partner to Close Talent Gap in STEM

New partnership will create the largest virtual ecosystem for employers to connect with esports students with the skills needed for future STEM careers. Tallo, the leader in end-to-end virtual talent development today announces their partnership with the North America Scholastic Esports Federation (…

Stride, Inc. Has the Summer Covered With Free Online Enrichment Camps and Courses

Participating students will explore careers and boost their skills in a safe online setting School may be almost out for summer, but that doesn’t mean learning should stop. To engage students over the summer and give them a head start on career planning, Stride, Inc. (NYSE: LRN) is offering a variet…

It’s Time to Celebrate the Students! Nevada Virtual Academy Class of 2021 Never Stopped Moving Forward

After a school year like no other, Nevada Virtual Academy ( NVVA ), an online public school serving 6-12 students throughout the state since 2007, will celebrate its graduates with a drive-thru commencement ceremony. The drive-thru ceremonies will be Thursday, May 27 th and Friday, May 28 th . In th…
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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.