Stride publishes FY 2026 fourth-quarter earnings call transcript
LRN•Business segment performance
Career Learning revenue rose 19% to $1.04 billion, and enrollments increased 14% to 109,700.
General Education revenue fell 2% to $1.42 billion.
Leadership change and outlook
Knowling, appointed CEO effective immediately, framed the leadership change as aimed at accelerating growth, not tied to near-term enrollment.
Roscoe ISD declined to renew Lone Star Online Academy following performance issues. The early cycle also showed softer applications, higher conversion, and higher reregistration.
FY 2026 results and operating metrics
Stride’s fiscal 2026 fourth-quarter earnings call featured CEO Robert E. Knowling, CFO Donna M. Blackman, Eliza Henson, Jeff Silber of BMO, and Alexander Paris of Barrington.
FY 2026 revenue reached $2.52 billion, up 4.7%. Adjusted EBITDA was $617.6 million, adjusted EPS was $8.33, and free cash flow totaled $355 million.
