Core Insights - Stride, Inc. reported strong financial performance for the fiscal year 2025, with revenues increasing by 17.9% to $2.405 billion compared to $2.040 billion in fiscal year 2024 [4][10][11] - The company experienced significant growth in adjusted operating income, which rose by 58.6% to $466.2 million, and adjusted EBITDA increased by 46.1% to $571.0 million [4][7][10] - Enrollment figures also showed positive trends, with full-year enrollments averaging 234,000, up 20.4% from 194,300 in fiscal year 2024, and Career Learning enrollments increasing by 32.5% [11][12] Financial Performance - Total revenues for the fourth quarter of fiscal 2025 were $653.6 million, a 22.4% increase from $534.2 million in the same quarter of fiscal 2024 [9][10] - Net income for the full fiscal year was $287.9 million, up 41.0% from $204.2 million in fiscal year 2024, with diluted net income per share increasing by 26.9% to $5.95 [4][7][10] - The company incurred one-time charges of $59.5 million related to impairment expenses for its Galvanize business, which were excluded from adjusted financial metrics [3][4] Enrollment and Revenue Metrics - Revenue per enrollment for the fourth quarter was $2,630, reflecting a 2.4% increase compared to $2,569 in the fourth quarter of fiscal 2024 [14] - For the full fiscal year 2025, revenue per enrollment was $9,677, a slight increase of 0.6% from $9,623 in fiscal year 2024 [15] - The company reported that Career Learning revenue per enrollment increased by 8.1% to $2,479 in the fourth quarter [14] Cash Flow and Capital Allocation - As of June 30, 2025, Stride's cash and cash equivalents totaled $1.011 billion, up from $714.2 million a year earlier [16] - Capital expenditures for the fiscal year were $60.0 million, slightly down from $61.6 million in fiscal year 2024 [16] Business Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners across various educational levels and locations [19] - The company operates in all 50 states and over 100 countries, providing a range of services including K-12 education and career learning [19]

Core Insights - Stride, Inc. has partnered with Chama Valley Independent Schools and Santa Rosa Consolidated Schools to operate the Destinations Career Academy of New Mexico (NMDCA) starting in the fall of 2025, with over 3,000 students already enrolled for the 2025–2026 school year [1][2][3] Company Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners in primary, secondary, and postsecondary settings across all 50 states and over 100 countries [4] - NMDCA is an online public school program that combines academic excellence with career-readiness pathways and dual-credit opportunities for K–12 students statewide [5] Partnership Impact - The partnership is seen as a strategic move to expand educational access and innovation in rural communities, creating new opportunities for students and positioning the districts as forward-thinking hubs for learning [2][3] - The collaboration aims to meet the evolving needs of students by providing high-quality virtual education options [2][3] Enrollment Information - Enrollment for the 2025–2026 school year is currently open, with families encouraged to learn more and begin the application process through the NMDCA website [3]

Core Viewpoint - Stride Inc. is set to discuss its fourth quarter and full fiscal year 2025 financial results in an upcoming conference call scheduled for August 5, 2025 [1] Group 1: Conference Call Details - The conference call will take place at 5:00 p.m. eastern time (ET) [1] - Investors can access a live webcast of the call at investors.stridelearning.com/events-and-presentations [2] - Participants can join the call by dialing (800) 715-9871 for domestic calls or +1 (646) 307-1963 for international calls, using conference ID number 8901384 [2] Group 2: Company Overview - Stride Inc. is focused on redefining lifelong learning through innovative and high-quality education solutions [3] - The company serves learners across primary, secondary, and postsecondary settings, offering a variety of services including K-12 education, career learning, professional skills training, and talent development [3] - Stride reaches learners in all 50 states and over 100 countries [3]

Core Insights - Stride, Inc. reported strong financial results for the third fiscal quarter ended March 31, 2025, with significant increases in revenues and net income compared to the same period in 2024 [1][2][6]. Financial Performance - Revenues for the third quarter reached $613.4 million, a 17.8% increase from $520.8 million in the same quarter of 2024 [3][6]. - Income from operations was $130.8 million, up 48.1% from $88.3 million year-over-year [3][6]. - Net income increased by 42.6% to $99.3 million, compared to $69.7 million in the prior year [3][6]. - Diluted net income per share rose to $2.02, a 26.3% increase from $1.60 [3][6]. - Adjusted operating income was $141.7 million, reflecting a 47.0% increase from $96.4 million [3][6]. - Adjusted EBITDA for the quarter was $168.3 million, up 39.6% from $120.5 million [3][6]. Year-to-Date Performance - For the nine months ended March 31, 2025, total revenues were $1.75 billion, a 16.3% increase from $1.51 billion in the same period of 2024 [5][7]. - Income from operations for the nine months was $303.2 million, a 72.4% increase from $175.9 million [5][7]. Enrollment and Revenue Metrics - Average enrollments in the third quarter were 240.2K, a 21.1% increase from 198.4K in the same quarter of fiscal 2024 [10]. - Career Learning enrollments averaged 98.7K, up 33.7% from 73.8K year-over-year [10]. - Revenue per enrollment for the third quarter was $2,415, slightly down from $2,420 in the same quarter of fiscal 2024 [12]. Cash Flow and Capital Allocation - As of March 31, 2025, cash and cash equivalents totaled $754.6 million, an increase from $714.2 million reported at June 30, 2024 [14]. - Capital expenditures for the quarter were $15.8 million, compared to $16.3 million in the same quarter of the previous year [14]. Fiscal Year 2025 Outlook - The company raised its revenue and adjusted operating income forecast for the full fiscal year 2025, projecting revenues in the range of $2.370 billion to $2.385 billion and adjusted operating income between $455 million and $465 million [19][15].