Stride forecasts FY27 revenue of $2.53 billion to $2.61 billion
LRN•Stride forecast fiscal 2027 revenue of $2.53 billion to $2.61 billion and adjusted operating income of $500 million to $530 million. First-quarter revenue rose 3% to $639.4 million, while enrollment fell 2.5% to 241,400.
1. Fiscal 2027 outlook
Stride forecast fiscal 2027 revenue of $2.53 billion to $2.61 billion and adjusted operating income of $500 million to $530 million. The guidance midpoints imply revenue growth of 2% and adjusted operating income growth of 3%.
2. Quarterly figures
The company projected second-quarter revenue of $625 million to $645 million and adjusted operating income of $135 million to $145 million. First-quarter revenue rose 3% year over year to $639.4 million, while total enrollment fell 2.5% to 241,400, reflecting weakness in general education.
