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Enrollment Opens for K12-Powered Virtual Public Schools Serving Students Across Alabama

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K12-powered schools (NASDAQ:LRN) opened enrollment for the 2026–2027 school year in Alabama on March 9, 2026. Alabama Destinations Career Academy (ALDCA), Alabama Virtual Academy (ALVA), and Legends Virtual Academy (LVA) offer tuition-free, full-time online K–12 instruction by Alabama-certified teachers.

Programs include live interactive instruction, CTE pathways with industry certifications, advanced coursework, NCAA-approved courses (ALVA), credit recovery, clubs, and statewide in-person events. Families can apply at each school’s website or call 866.968.7512.

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Key Figures

Quarterly revenue: $631.3 million Quarterly net income: $99.5 million First-half revenue: $1.25 billion +5 more
8 metrics
Quarterly revenue $631.3 million Quarter ended December 31, 2025
Quarterly net income $99.5 million Quarter ended December 31, 2025
First-half revenue $1.25 billion Six months ended December 31, 2025
First-half net income $168.3 million Six months ended December 31, 2025
Total assets $2.31 billion As of December 31, 2025
Cash & equivalents $497.1 million As of December 31, 2025
Convertible long-term debt $417.2 million As of December 31, 2025
Buyback authorization $500 million New stock repurchase program authorized

Market Reality Check

Price: $86.83 Vol: Volume 903,343 is near th...
normal vol
$86.83 Last Close
Volume Volume 903,343 is near the 20-day average of 875,151 (relative 1.03x). normal
Technical Price 86.83 is trading below the 200-day MA of 113.97 and 49.27% under the 52-week high.

Peers on Argus

LRN is up 0.59% as peers TAL, LOPE, EDU, ATGE and GHC all show positive moves (e...
1 Up

LRN is up 0.59% as peers TAL, LOPE, EDU, ATGE and GHC all show positive moves (e.g., ATGE 2.6%, GHC 2.32%), indicating broader strength in education services.

Historical Context

5 past events · Latest: 2026-03-05 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
2026-03-05 State enrollment news Neutral -0.4% Opened 2026–2027 enrollment for K12-powered virtual public schools in Oregon.
2026-03-05 State enrollment news Neutral -0.4% Announced 2026–2027 enrollment for multiple K12-powered virtual schools in Michigan.
2026-03-04 State enrollment news Neutral +0.1% Opened 2026–2027 enrollment for Idaho Technical Career Academy and Idaho Virtual Academy.
2026-03-04 State enrollment news Neutral +0.1% Launched 2026–2027 enrollment for three K12-powered virtual schools in Colorado.
2026-03-03 State enrollment news Neutral +0.8% Opened 2026–2027 enrollment for Arizona Virtual Academy and Insight School of Arizona.
Pattern Detected

Recent state-level enrollment-opening releases have been followed by modest, mixed price reactions clustered within +/-1%.

Recent Company History

Over the past week, LRN issued multiple announcements opening 2026–2027 enrollment for K12-powered virtual public schools in Arizona, Colorado, Idaho, Michigan and Oregon. These releases highlight recurring themes: statewide availability, certified teachers, CTE pathways, NCAA-approved courses and in-person activities. Price reactions were small, ranging from about -0.43% to +0.78%, suggesting these enrollment updates have been treated as incremental, ongoing operating news rather than major standalone catalysts.

Market Pulse Summary

This announcement opens 2026–2027 enrollment for three K12-powered, tuition-free virtual public scho...
Analysis

This announcement opens 2026–2027 enrollment for three K12-powered, tuition-free virtual public schools serving students across Alabama, emphasizing career and technical education pathways, advanced coursework, and statewide access. It continues a series of similar state-level enrollment launches seen in recent days. Against a backdrop of higher quarterly revenue of $631.3 million and a new $500 million buyback program, investors may watch how recurring enrollment updates contribute to long-term enrollment trends and capacity utilization across the network.

Key Terms

career and technical education (cte), ncaa-approved, industry-recognized certifications
3 terms
career and technical education (cte) technical
"Career and technical education (CTE) pathways that allow high school students..."
Career and technical education (CTE) are school- and college-based programs that teach practical job skills—like healthcare procedures, manufacturing, IT, or trade work—alongside basic academics so students can enter the workforce or continue training. Investors care because CTE shapes the future labor pool and demand for equipment, software, and services; think of it as a factory line that supplies trained workers and creates predictable markets for related businesses and public funding.
ncaa-approved regulatory
"NCAA-approved courses for student-athletes (ALVA)"
NCAA-approved means a product, program, partnership, policy or transaction has been reviewed and cleared by the National Collegiate Athletic Association as meeting its rules and standards for college sports. For investors, that clearance is like a safety inspection certificate: it reduces the risk of sanctions, preserves access to college teams and audiences, and can unlock contracts, licensing or broadcast opportunities that drive revenue and protect reputation.
industry-recognized certifications technical
"earn industry-recognized certifications in fields such as business, education..."
Industry-recognized certifications are formal approvals given by third-party organizations that confirm a company, product, or process meets established standards for quality, safety, or competence. For investors, these certifications act like a trusted seal on a product label — they reduce uncertainty about risks, can improve market access or pricing power, and often signal stronger operational controls that may protect revenue and reputation over time.

AI-generated analysis. Not financial advice.

Alabama Families Can Enroll in Online Public School Led by State-Certified Teachers

MONTGOMERY, AL, March 09, 2026 (GLOBE NEWSWIRE) -- Enrollment is now open for the 2026–2027 school year at the following K12-powered tuition-free virtual public schools serving students across Alabama:

  • Alabama Destinations Career Academy (ALDCA), serving grades K–12
  • Alabama Virtual Academy (ALVA), serving grades K–12
  • Legends Virtual Academy (LVA), serving grades K–12 

Each school is a full-time online public school taught by state-certified teachers and aligned to Alabama academic standards. The schools are powered by K12, a national leader in online public education and provide: 

  • Alabama-certified teachers delivering live, interactive instruction
  • Career and technical education (CTE) pathways that allow high school students to explore careers, prepare for the workforce and earn industry-recognized certifications in fields such as business, education, health science, IT and manufacturing
  • Advanced coursework, honors, AP® and dual credit options where available
  • NCAA-approved courses for student-athletes (ALVA)
  • Credit recovery opportunities and additional academic support for students pursuing alternative pathways to graduation
  • Clubs, school activities and in-person engagement opportunities statewide 

How to Enroll 

Families can apply now at: 

ALDCA – https://aldca.k12.com/ 
ALVA – https://alva.k12.com/ 
LVA – https://lva.k12.com/ 

Call: 866.968.7512 
Enrollment is open to students statewide. 

Frequently Asked Questions About Online Public School 

  • Is online public school free in Alabama?
    • Alabama Destinations Career Academy, Alabama Virtual Academy and Legends Virtual Academy are tuition-free virtual public schools serving students across Alabama. 
  • How does online public school work?
    • Students attend a full-time virtual public school taught by Alabama-certified teachers. Online school students follow a structured academic schedule that includes live instruction, independent coursework and regular teacher support. 
  • Do online public schools offer career pathways or career training?
    • Yes. Many K12-powered online public schools offer career and technical education (CTE) pathways, career exploration opportunities, industry certifications and apprenticeships. Career pathway availability varies by school and, in Alabama, includes business, education, health science, IT and manufacturing. 
  • Are online public schools accredited?
    • ALDCA, ALVA and LVA are public schools authorized in Alabama. Students complete state-aligned coursework and earn a high school diploma recognized by the state of Alabama. 
  • Do parents have to teach their child in online public school?
    • Instruction is provided by state-certified teachers. A parent or guardian supports daily learning at home while teachers deliver lessons, assign work and assess progress. 
  • How do students socialize in online public school?
    • Students can participate in clubs (where available), school activities and in-person events throughout the year. Students can also join the K12 Zone, a virtual school campus where they can meet friends, play games, join competitions, explore career fairs and attend school assemblies. 
  • When does enrollment open for online public school in Alabama?
    • Enrollment for the 2026–2027 school year at Alabama Destinations Career Academy, Alabama Virtual Academy and Legends Virtual Academy is now open. Families interested in online public school in Alabama can apply at each school's website listed above. 

About Alabama Destinations Career Academy 

Alabama Destinations Career Academy (ALDCA), is a full-time, tuition-free online public school serving students statewide. ALDCA provides career-focused learning pathways in high-demand fields such as information technology, health sciences, and business, allowing students to gain industry certifications while earning their high school diploma. Powered by K12, a Stride, Inc. portfolio brand, ALDCA combines a proven online curriculum with certified teachers to offer a flexible, high-quality education. Learn more at aldca.k12.com

About Alabama Virtual Academy 

Alabama Virtual Academy at Eufaula City Schools (ALVA) is a tuition-free online public school serving K-12th grade students across Alabama, offering a flexible education designed to meet a variety of learning needs. ALVA provides a well-rounded curriculum with rigorous academics, certified teachers, and opportunities for advanced coursework, career readiness, and extracurricular activities. As a K12-powered school, ALVA benefits from 25 years of expertise in online learning, helping students gain the knowledge and skills to succeed. Learn more at alva.k12.com

About Legends Virtual Academy 

Legends Virtual Academy (LVA) is a tuition-free, full-time online school open to all Alabama students in grades K–12. We offer flexible learning options, caring teachers, and a welcoming community where students—and their families—can thrive. We’re dedicated to inspiring and empowering students through an education experience tailored to each child’s needs. As a K12-powered school, LVA benefits from 25 years of expertise in online learning, helping students gain the knowledge and skills to succeed. Learn more at lva.k12.com

About K12 

For 25 years, K12 has been a national leader in virtual education, serving more than three million students across the country. K12 provides families with flexible learning options, including online public and private schools, personalized tutoring and accredited homeschool curriculum. K12 is a portfolio brand of Stride, Inc. 

Contact Information

Cameron Bell | Public Relations Manager

K12

cbell7@k12.com


FAQ

Is enrollment open for K12-powered Alabama virtual schools for 2026–2027 (LRN)?

Yes. Enrollment for ALDCA, ALVA and LVA is open for the 2026–2027 school year. According to the company, families may apply online now at each school’s website or call 866.968.7512 for assistance and statewide enrollment is available.

Are ALDCA, ALVA and LVA free public schools in Alabama (LRN)?

Yes. ALDCA, ALVA and LVA are tuition-free, full-time online public schools serving Alabama students. According to the company, each school is state-authorized, delivers state-aligned coursework, and awards a diploma recognized by Alabama upon completion.

What academic options and supports do K12-powered Alabama schools offer (LRN)?

They offer live instruction, advanced coursework, AP and dual-credit options, and credit recovery programs. According to the company, students get Alabama-certified teachers, additional academic support, clubs, and in-person engagement opportunities statewide.

Do Alabama virtual schools offer career and technical education pathways (LRN)?

Yes. Career and technical education pathways are available in fields like IT, health science, business and manufacturing. According to the company, high school students can pursue industry-recognized certifications and career exploration tied to workforce readiness.

How do student socialization and extracurriculars work at ALVA, ALDCA and LVA (LRN)?

Students can join clubs, attend in-person events, and use the K12 Zone virtual campus for social activities. According to the company, the K12 Zone hosts competitions, career fairs, assemblies, and virtual meeting spaces to foster peer connections.
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