Stride Inc. Raises Adjusted Operating Income Guidance to $485–$505M after 20.5% Revenue Surge
Stride’s Career Learning enrollments rose 18.1% to 111,100 students in the first half of fiscal 2026, driving a 20.5% revenue increase to $547.6 million. Adjusted operating income climbed 23.8% and adjusted EBITDA grew 21.3% year over year, prompting management to raise full-year operating income guidance to $485–$505 million.
1. Career Learning Segment Growth
Stride’s Career Learning segment saw 18.1% enrollment growth to 111,100 students in the first half of fiscal 2026, driving segment revenues up 20.5% to $547.6 million. Stabilized withdrawal rates after early technical issues underscore the impact of recent retention and academic quality initiatives.
2. Financial Performance and Guidance Revision
Adjusted operating income rose 23.8%, while adjusted EBITDA increased 21.3% year over year in the first half of fiscal 2026. Management reaffirmed full-year revenue guidance and raised the adjusted operating income outlook to $485–$505 million, reflecting confidence in cost discipline and operational leverage.