Stride Inc (LRN)

Gross profit margin

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Gross profit US$ in thousands 943,919 763,603 647,070 596,475 534,900
Revenue US$ in thousands 2,405,320 2,040,070 1,837,360 1,686,670 1,536,760
Gross profit margin 39.24% 37.43% 35.22% 35.36% 34.81%

June 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $943,919K ÷ $2,405,320K
= 39.24%

The gross profit margin of Stride Inc. exhibits a general upward trend over the period from June 30, 2021, to June 30, 2025. Specifically, the gross profit margin increased from 34.81% in 2021 to 35.36% in 2022, reflecting a modest improvement in profitability at the gross level. The margin experienced a slight decline in 2023, decreasing to 35.22%, which may indicate a temporary pressure on gross profitability or cost management challenges during that fiscal year. However, the margin resumed its upward trajectory in 2024, rising significantly to 37.43%, and continued to improve in 2025, reaching 39.24%. This consistent increase suggests that the company has either managed to enhance its sales pricing, reduce the cost of goods sold, or a combination of both, leading to a more favorable gross profit position. Overall, the data indicates a positive trend in Stride Inc.'s gross profitability over the analyzed period.