Stride reports Q1 FY2027 revenue up 3% and adjusted EPS $1.37, but enrollment falls and Q2 guidance misses estimates
Stride, Inc. released its first‑quarter fiscal 2027 results on Oct. 20, 2026. Revenue rose 3% year‑over‑year to $639.4 million, while average enrollments slipped 2.5% to about 241,400 students. Adjusted earnings per share fell 9.9% to $1.37, beating analyst estimates, and adjusted EBITDA grew 3.1% to $111.8 million. The company kept its full‑year 2027 revenue outlook at $2.53‑$2.61 billion but forecast Q2 revenue of $625‑$645 million, below Street expectations, prompting a modest share decline.
Why it matters
The earnings beat supports the company’s cash position of $884.2 million, but the lower‑than‑expected Q2 guidance pressured the stock, which fell about 1% after the release. The guidance signals that enrollment softness and platform issues may limit near‑term growth, affecting investors’ revenue and earnings expectations for FY2027.
Key facts
- 1Revenue for the quarter was $639.4 million, up 3% from $620.9 million a year earlier. globenewswire.com
- 2Average enrollments were 241.4 K, down 2.5% year‑over‑year. globenewswire.com
- 3Adjusted earnings per share were $1.37, a 9.9% decline from $1.52 a year earlier. globenewswire.com
- 4Adjusted EBITDA was $111.8 million, up 3.1% from $108.4 million. globenewswire.com
- 5Cash, cash equivalents and marketable securities totaled $884.2 million as of Sept. 30, 2026. globenewswire.com
- 6Full‑year 2027 revenue guidance is $2.53 billion to $2.61 billion. globenewswire.com
Summary written by AlphAI AI Desk from 14 of 16 sources. Not investment advice. Figures are as stated by the linked sources.