---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001530"
form_type: "8-K"
ticker: "LRN"
cik: "0001157408"
company_name: "Stride, Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:26:23.748554+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stride Q1 FY2024 revenue $480.2M (+12.9% YoY); net income $4.9M vs $22.7M loss

## Summary
- Record Q1 revenue of $480.2M, up 12.9% from $425.2M; driven by General Education and Career Learning enrollment strength.
- GAAP net income of $4.9M ($0.11 diluted EPS) vs net loss of $22.7M ($0.54 loss per share) in prior year.
- Income from operations of $3.3M, compared to loss from operations of $28.7M; adjusted operating income $14.8M vs loss of $19.9M.
- Adjusted EBITDA of $39.8M, a significant increase from $3.0M in Q1 FY2023.

## SEC filing metadata
- accession: 0001157523-23-001530
- form_type: 8-K
- ticker: LRN
- cik: 0001157408
- company_name: Stride, Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157408/000115752323001530/0001157523-23-001530-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157408/000115752323001530/a53669740.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001530
- JSON: https://secwatch.observer/filing/0001157523-23-001530.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001530.txt

## Key facts
- Earnings Releases
  Stride, Inc. reported first quarter ended September 30, 2023 results: revenue $480.2 million, net income Net income of $4.9 million, EPS Diluted net income per share of $0.11.
  - Period: first quarter ended September 30, 2023
  - Revenue: $480.2 million
  - Net income: Net income of $4.9 million
  - EPS: Diluted net income per share of $0.11
  - Result: reported results
  source text: education companies, today announced the results from its first fiscal quarter ended September 30, 2023. First Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $480.2 million, compared with $425.2 million, driven by General Education and Career Learning enrollment strength. Income from operations of $3.3 million, compared with loss from operations of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1157408/000115752323001530/0001157523-23-001530-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.