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
Chief Executive Officer
Nate Davis
Executive Chairman, Director
Timothy Medina
Chief Financial Officer
Shaun McAlmont
President, Career Learning Solutions
Vincent Mathis
EVP, General Counsel
Harsh Patel
Chief Executive Officer, Galvanize
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 (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
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
17.42k Twitter followers
Stride has 17.42k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.8% quarter over quarter
Stride's Trends
Twitter Engagement Stats for @stridelearn
18.2k
Tweets
7.8k
Following
17.4k
Followers
85
Tweets last 30 days
1.6
Avg. likes per Tweet
81.2%
Tweets with engagement
Stride News and Updates
May 25, 2021
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.
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...
Stride Blogs
May 31, 2021
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 …
May 28, 2021
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…
May 27, 2021
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…
May 27, 2021
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 (…
May 26, 2021
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…
May 25, 2021
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…
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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