Stride Stock Crashes on Weak Guidance After Earnings Beat – What’s Next for LRN?
Earnings Beat Powered by Enrollment Growth Stride’s fiscal Q1 2026 (quarter ended Sept. 30, 2025) delivered better-than-expected revenue and profit growth, continuing the company’s streak of outperformance. Revenue of $620.9 million grew 12.7% year-over-year, beating estimates of ~$614–616 million benzinga.com benzinga.com. Adjusted earnings per share came in around $1.40 (GAAP diluted EPS $1.40), which crushed the ~$1.10–$1.23 consensus benzinga.com. This marked a ~48% jump in EPS from the prior-year period, reflecting improved margins and operating leverage. Enrollment gains were a key driver: Stride reported 247,700 K-12 enrollments for the quarter, up 11.3% year-over-year benzinga.com. Notably, its Career Learning programs (which