Stride Inc (LRN)

Gross profit margin

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Gross profit (ttm) US$ in thousands 943,919 893,213 845,252 806,568 763,603 747,472 721,395 690,309 647,070 642,666 622,253 599,722 596,475 565,399 549,577 531,411 534,900 480,094 419,263 379,961
Revenue (ttm) US$ in thousands 2,405,317 2,285,854 2,193,315 2,110,972 2,040,069 1,989,375 1,938,822 1,892,389 1,837,358 1,809,080 1,760,518 1,711,590 1,686,666 1,628,965 1,599,388 1,566,026 1,536,760 1,408,181 1,273,190 1,154,604
Gross profit margin 39.24% 39.08% 38.54% 38.21% 37.43% 37.57% 37.21% 36.48% 35.22% 35.52% 35.34% 35.04% 35.36% 34.71% 34.36% 33.93% 34.81% 34.09% 32.93% 32.91%

June 30, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $943,919K ÷ $2,405,317K
= 39.24%

The gross profit margin of Stride Inc demonstrates a consistent upward trend over the analyzed period, indicating an improvement in the company's ability to retain revenue after cost of goods sold. Starting from approximately 32.91% as of September 30, 2020, the margin experienced gradual increases through subsequent quarters, with minor fluctuations, reaching approximately 36.48% by September 30, 2023. This upward trajectory continued, with the margin surpassing 37% by March 2024 and steadily rising to over 39% by June 2025.

Throughout the period, the gross profit margin exhibits a steady and sustained enhancement, suggestive of either improved pricing strategies, better cost management, or a combination of both. The overall trend reflects a favorable development in the firm's core profitability from gross operations, potentially attributable to efficiencies gained or favorable market conditions. The incremental increases in gross profit margin over successive periods indicate an ongoing strengthening of Stride Inc’s gross profitability profile.