How Stride makes money

Period

FY2026

How does Stride make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Stride Inc. · FY2026 · year ended 2026-06-30

Revenue$2.5BGross profit$951M · 38%Cost of revenue$1.6B · 62%Operating income$451M · 18%Operating expenses$500M · 20%R&D$22M · 1%Other opex$478M · 19%Net income$338M · 13%Income tax$103M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.