Every 8-K that Stride, Inc. (LRN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LRN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LRN filings page.
Stride, Inc. (LRN) reported first-quarter fiscal 2027 revenue of $639.4 million, up 3.0% from a year earlier. Income from operations rose 22.2% to $84.3 million, while net income declined 5.6% to $64.9 million. Diluted earnings per share were $1.45, compared with $1.40; adjusted earnings per share fell 9.9% to $1.37 from $1.52. EBITDA was $119.2 million, up 21.4%, and adjusted EBITDA was $111.8 million, up 3.1%.
Average enrollments were 241.4K, down 2.5%; Career Learning enrollments were 112.2K, up 2.0%. Revenue per enrollment was $2,556, up 7.0%. Net cash used in operating activities was $124.8 million, compared with $195.8 million a year earlier. Cash, cash equivalents and marketable securities totaled $884.2 million as of September 30, 2026, versus $1,034.1 million as of June 30, 2026. Fiscal 2027 outlook is revenue of $2.530 billion to $2.610 billion and adjusted operating income of $500 million to $530 million; second-quarter outlook is revenue of $625 million to $645 million and adjusted operating income of $135 million to $145 million.
Stride, Inc. entered a cooperation agreement with Fivespan Partners, its fund and general partner, and Dylan Haggart, setting board changes and forming a Capital Allocation Committee. Haggart is to become an independent director at close of business October 30, 2026, or earlier by mutual written agreement. Dr. Steven Guttentag became a non-voting board observer October 8, 2026, and is to become an independent director after the 2026 annual meeting, scheduled for December 10, 2026.
Allison Lawrence resigned from the board and Compensation Committee effective immediately before Haggart’s appointment; she will serve as a non-voting observer until reappointment after the meeting. The board remains at eight directors before the meeting and will expand to ten afterward, nine independent. The committee has three voting members—Brian Shepherd and Haggart as co-chairs, and Aida Alvarez—and CEO Robert E. Knowling, Jr. as a non-voting member.
The Investor Group withdrew its director nominations, stockholder proposal and books-and-records inspection demand, and agreed to voting commitments, standstill obligations and mutual non-disparagement provisions. The committee will solicit shareholder input; its initial review is expected within the next three months, after which Stride will announce its target capital structure and framework for allocating future cash flows.
Stride, Inc. reported higher results for fiscal year 2026. Revenue was $2,518.1 million versus $2,405.3 million, income from operations $450.8 million versus $360.1 million, and net income $338.2 million versus $287.9 million. Diluted EPS rose to $7.14 from $5.95, while adjusted EPS was $8.33 versus $8.10. Adjusted EBITDA increased to $617.6 million from $571.0 million.
Fourth-quarter 2026 revenue was $636.1 million, down from $653.6 million, but income from operations nearly doubled to $105.9 million from $56.9 million and net income rose to $81.4 million from $51.3 million, with diluted EPS at $1.75 versus $1.03. Some non-GAAP measures eased, including adjusted operating income of $117.8 million versus $130.6 million and adjusted EPS of $2.12 versus $2.29.
Average full-year enrollments increased to 243.9K from 234.0K, including 109.7K Career Learning enrollments. Revenue per enrollment was $9,914, up from $9,677. Cash and marketable securities totaled $1,034.1 million. Stride repurchased about 2.3 million shares for $188.7 million, and its stock repurchase program was extended to October 31, 2027 with $311.3 million of remaining authorization.
Stride, Inc. announced major leadership changes and select preliminary, unaudited results for the fiscal year ended June 30, 2026. James J. Rhyu ceased serving as Chief Executive Officer and as a member and Chair of the Board effective July 29, 2026, with no disagreement cited. The Board appointed long‑time director Robert E. Knowling Jr., age 71, as CEO and named lead independent director Steven B. Fink as Chair. Brian Shepherd, former President and CEO of CSG Systems International, joined the Board and will serve on the Audit and Compensation Committees.
Mr. Knowling will receive a $1,000,000 annual base salary, a target annual cash bonus equal to 200% of salary beginning in fiscal 2027, and severance protections that increase following a change in control. Preliminary analysis shows income from operations of $450,767 thousand for fiscal 2026, compared with $360,094 thousand in 2025, and net income of $338,192 thousand versus $287,941 thousand. Adjusted operating income was $498,373 thousand and adjusted EBITDA $617,584 thousand, compared with $466,233 thousand and $571,035 thousand, respectively. All results are preliminary, unaudited, and subject to change when full fiscal 2026 results are released on August 4, 2026.
Stride, Inc. reported third quarter fiscal 2026 revenue of $629.9 million, up 2.7% from 2025, while income from operations slipped slightly to $129.1 million and net income declined to $88.5 million, with diluted EPS of $1.93.
For the first nine months of fiscal 2026, revenue rose 7.4% to $1.88 billion, income from operations increased 13.7% to $344.9 million, and net income grew to $256.8 million, or diluted EPS of $5.39. Adjusted EBITDA reached $467.8 million, up 13.4%.
Career Learning remained a key growth driver, with nine‑month revenue up 17.6%, while General Education was roughly flat. Third quarter enrollments were 244.5K, up 1.8%, and cash plus marketable securities totaled $856.0 million. The company reaffirmed a fiscal 2026 outlook with revenue of $2.49–$2.52 billion and adjusted operating income of $490–$500 million.
Stride, Inc. furnished an 8-K stating it issued a press release announcing its financial results for the second quarter of fiscal 2026, which ended on December 31, 2025. The press release is included as Exhibit 99.1 and provides the detailed quarterly numbers and commentary. The company notes that this information, including Exhibit 99.1, is being furnished rather than filed, which limits its exposure to certain Exchange Act liabilities and affects how it may be incorporated by reference into future registration statements or reports.
Stride, Inc. reported the results of its annual stockholder meeting held on December 4, 2025. Stockholders approved an amendment and restatement of the company’s 2016 Equity Incentive Award Plan, increasing the number of common shares available for equity awards by 740,000 and extending the plan’s term to October 17, 2035. They also approved a new 2025 Employee Stock Purchase Plan authorizing the issuance of 4,000,000 shares, allowing eligible employees to buy stock at a discount through payroll deductions.
All eight director nominees were elected, and KPMG LLP was ratified as independent auditor for the fiscal year ending June 30, 2026. On an advisory basis, stockholders approved compensation for named executive officers and supported both the updated equity plan and the new employee stock purchase plan by wide voting margins.
Stride, Inc. announced a stock repurchase program authorizing the buyback of up to $500 million of its common stock, effective November 3, 2025 and running until October 31, 2026.
Repurchases may occur from time to time via open market purchases, privately negotiated transactions, or otherwise, in accordance with SEC rules and other legal requirements. The timing, price, and size of any purchases will depend on prevailing stock prices, general economic and market conditions, and other considerations.
The program does not obligate Stride to repurchase any particular amount of shares and may be suspended or discontinued at any time at the Company’s discretion.
Stride, Inc. (LRN) furnished a press release announcing financial results for its first quarter of fiscal 2026, covering the period ended September 30, 2025. The release is provided as Exhibit 99.1 to this report.
The information under Item 2.02, including Exhibit 99.1, is furnished, not filed, and is not subject to Section 18 liability. It will not be incorporated by reference into other filings except as expressly stated.
Stride, Inc. reported that its Board of Directors elected Robert E. Knowling, Jr. as a new director effective September 16, 2025. The Board size was increased from seven to eight members to accommodate his appointment.
Knowling was also appointed to the Audit Committee and the Compensation Committee. As a non-employee director, he will be compensated under Stride’s Amended Non-Employee Directors Compensation Plan, including an annual restricted stock award valued at $250,000, an annual cash retainer of $70,000, and an additional annual fee of $10,000 for each of the Audit and Compensation Committees, with cash amounts prorated from his appointment date through December 31, 2025.