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

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Insight School of Washington (WAVA/ISWA) and Washington Virtual Academies (NYSE:LRN) opened enrollment for the 2026–2027 school year, offering tuition-free, full-time online K–12 education across Washington. Programs feature Washington-certified teachers, live instruction, CTE pathways, AP/dual-credit options, NCAA-approved courses and statewide in-person engagement.

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News Market Reaction – LRN

+0.59%
1 alert
+0.59% News Effect

On the day this news was published, LRN gained 0.59%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Quarterly revenue: $631.3M Quarterly net income: $99.5M First-half revenue: $1.25B +5 more
8 metrics
Quarterly revenue $631.3M Quarter ended Dec 31, 2025
Quarterly net income $99.5M Quarter ended Dec 31, 2025
First-half revenue $1.25B Six months ended Dec 31, 2025
First-half net income $168.3M Six months ended Dec 31, 2025
Cash & equivalents $497.1M As of Dec 31, 2025
Convertible long-term debt $417.2M As of Dec 31, 2025
Repurchase authorization $500M New stock buyback program
Shares repurchased 1,272,790 shares During period ended Dec 31, 2025

Market Reality Check

Price: $91.66 Vol: Volume 941,729 is in line...
normal vol
$91.66 Last Close
Volume Volume 941,729 is in line with 20-day average 901,203 (relative volume 1.04x). normal
Technical Price 86.32 trades below 200-day MA at 114.33 and is 49.57% under the 52-week high 171.17.

Peers on Argus

LRN is modestly down 0.43%. Peers show mixed moves: TAL -0.76%, LOPE +1.33%, EDU...

LRN is modestly down 0.43%. Peers show mixed moves: TAL -0.76%, LOPE +1.33%, EDU +0.72%, ATGE +2.6%, GHC -0.29%. With no peers in the momentum scanner and no same-day peer headlines, trading appears more stock-specific than sector-driven.

Historical Context

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

Recent state-level enrollment-opening releases have coincided with modest single-day moves between about -0.5% and +1%, suggesting these operational updates typically produce limited price reaction.

Recent Company History

Over the past few days, Stride has issued multiple announcements opening 2026–2027 enrollment for K12-powered virtual public schools in Arizona, Colorado, Idaho, Michigan, and Oregon. Each release highlights tuition-free statewide access, certified teachers, and CTE pathways. Price reactions to these updates ranged from about -0.43% to +0.78%, indicating relatively mild market responses to this recurring enrollment theme, into which today’s Washington announcement fits.

Market Pulse Summary

This announcement extends Stride’s 2026–2027 enrollment openings to Washington, adding to recent lau...
Analysis

This announcement extends Stride’s 2026–2027 enrollment openings to Washington, adding to recent launches in Arizona, Colorado, Idaho, Michigan, and Oregon. It underscores K12-powered schools’ focus on CTE pathways, NCAA-approved courses, and statewide virtual access. In parallel, recent results showed quarterly revenue of $631.3M and a new $500M repurchase program. Investors may monitor how continued geographic expansion and enrollment trends interact with the stock’s position below its 52-week high.

Key Terms

career and technical education (cte), ncaa-approved courses, dual credit
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 courses regulatory
"Advanced coursework, honors, AP® and dual credit options where available NCAA-approved courses..."
NCAA-approved courses are high school or college classes that meet the academic standards set by the National Collegiate Athletic Association for student-athlete eligibility—essentially certified core subjects like math, English, science and social studies that count toward the NCAA’s requirements. Investors should care because the availability and recognition of these courses affect how many athletes are eligible to compete or enroll, which can influence recruiting pipelines, program competitiveness, and related revenue streams; they act like a certified checklist that determines who can play.
dual credit technical
"Advanced coursework, honors, AP® and dual credit options where available..."
Dual credit programs let high school students earn both high school and college credits for the same course, like getting two certificates from one class. Investors care because these programs can increase enrollment, subscription or course sales, and long-term customer pipelines for schools, colleges, and education providers; changes in funding, policy, or popularity of dual credit can meaningfully affect revenues and growth prospects.

AI-generated analysis. Not financial advice.

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

OLYMPIA, WA, March 06, 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 Washington: 

  • Insight School of Washington (ISWA), serving grades K–12
  • Washington Virtual Academies (WAVA), serving grades K–12 

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

  • Washington-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 AV technology & communications, business, marketing, health science, IT, construction and game and graphic design
  • Advanced coursework, honors, AP® and dual credit options where available
  • NCAA-approved courses for student-athletes
  • Credit recovery opportunities and additional academic support for students pursuing alternative pathways to graduation
  • Social and career clubs, school activities and in-person engagement opportunities statewide 

How to Enroll 

Families can apply now at: 

ISWA – https://insightwa.k12.com/ 

WAVA – https://wava.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 Washington?
    • Insight School of Washington and Washington Virtual Academies are tuition-free virtual public schools serving students across Washington. 
  • How does online public school work?
    • Students attend a full-time virtual public school taught by Washington-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 Washington, includes business, marketing, hospitality, agriculture and health and human services. 
  • Are online public schools accredited?
    • ISWA and WAVA are public schools authorized in Washington. Students complete state-aligned coursework and earn a high school diploma recognized by the state of Washington. 
  • 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 Washington?
    • Enrollment for the 2026–2027 school year at Insight School of Washington and Washington Virtual Academies is now open. Families interested in online public school in Washington can apply at each school's website listed above. 

About Insight School of Washington 

At Insight School of Washington (ISWA), students in grades K-12 have access to a tuition-free, full-time online education designed to support diverse learning needs. ISWA provides individualized instruction, career readiness opportunities, and a flexible learning environment. Powered by K12, a Stride, Inc. portfolio brand, ISWA benefits from 25 years of innovation in online education. Learn more at insightwa.k12.com

About Washington Virtual Academies 

Washington Virtual Academies (WAVA) offers a full-time, tuition-free online education for K-12th grade students statewide. Combining an engaging curriculum with the flexibility of online learning, WAVA helps students thrive in a supportive and interactive environment. As a K12-powered school, WAVA is backed by 25 years of experience in online education. Learn more at wava.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. 



Cameron Bell | Public Relations Manager
K12
cbell7@k12.com

FAQ

Is enrollment now open for Insight School of Washington and Washington Virtual Academies (LRN) for 2026–2027?

Yes — enrollment for the 2026–2027 school year is open now for both ISWA and WAVA. According to the company, families statewide can apply immediately at each school's website or call 866.968.7512 for assistance with applications and enrollment questions.

Are Insight School of Washington and Washington Virtual Academies (LRN) tuition-free for Washington students?

Yes — both ISWA and WAVA are tuition-free public online schools serving Washington students. According to the company, they operate as full-time public schools with state authorization and provide state-aligned coursework culminating in a Washington-recognized high school diploma.

What academic options and certifications do K12-powered Washington virtual schools (LRN) offer?

They offer live instruction, honors, AP, dual credit and CTE pathways with industry certifications. According to the company, CTE areas include AV technology, business, health science, IT, construction and game and graphic design where available to high school students.

Who teaches at ISWA and WAVA (LRN) and what support do families provide?

Instruction is delivered by Washington-certified teachers through live, interactive lessons and assessments. According to the company, parents or guardians support daily learning at home while teachers assign work, provide feedback and offer regular instructional support for students.

Do students at Insight School of Washington and Washington Virtual Academies (LRN) have social and extracurricular opportunities?

Yes — students can join clubs, school activities, in-person events and the K12 Zone virtual campus. According to the company, these options include competitions, career fairs, assemblies and social spaces to help students connect and engage beyond coursework.

How can Washington families apply to ISWA or WAVA (LRN) for the 2026–2027 school year?

Families can apply online at each school's enrollment portal or call the provided phone line for help. According to the company, ISWA and WAVA applications are available now at insightwa.k12.com and wava.k12.com, or by calling 866.968.7512.