Stride reports Q1 FY2027 revenue up 3% as enrollments fall 2.5% and issues guidance
+1 new source since this summary was written
Stride, Inc. posted first‑quarter fiscal 2027 revenue of $639.4 million, a 3.0% year‑over‑year increase, while average enrollments slipped 2.5% to 241.4 K. Adjusted earnings per share fell 9.9% to $1.37 and adjusted operating income declined 3.1% to $78.6 million. The company kept its full‑year revenue outlook of $2.53‑$2.61 billion and forecast Q2 revenue of $625‑$645 million, but the guidance missed some Street expectations, prompting a modest share dip.
Why it matters
The revenue growth shows the business can raise per‑student pricing despite enrollment pressure, but lower adjusted EPS and operating income signal margin compression that may affect profitability. Investors should note the unchanged full‑year guidance and the Q2 revenue range of $625‑$645 million as the next performance benchmark.
Key facts
- 1Revenue for the quarter was $639.4 million, up from $620.9 million a year earlier. stocktitan.net
- 2Average enrollments were 241.4 K, down 2.5% year‑over‑year. stocktitan.net
- 3Adjusted earnings per share were $1.37, a 9.9% decline from $1.52 a year earlier. stocktitan.net
- 4Adjusted operating income was $78.6 million, down 3.1% from the prior year. investing.com
- 5Full‑year FY2027 revenue guidance is $2.53 billion to $2.61 billion. stocktitan.net
- 6Q2 FY2027 revenue guidance is $625 million to $645 million. investing.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.