Stride Inc (LRN)

Net profit margin

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	204,183	184,773	170,548	154,417	126,867	111,585	99,042	90,341	107,130	89,535	70,405	52,902	71,451	65,844	50,809	46,902	24,506	22,935	32,643	35,761
Revenue (ttm)	US$ in thousands	2,036,610	1,987,713	1,937,438	1,890,964	1,836,068	1,806,731	1,758,305	1,709,439	1,684,896	1,625,762	1,596,760	1,564,135	1,535,397	1,408,686	1,273,532	1,154,604	1,040,639	1,029,236	1,025,395	1,022,758
Net profit margin		10.03%	9.30%	8.80%	8.17%	6.91%	6.18%	5.63%	5.28%	6.36%	5.51%	4.41%	3.38%	4.65%	4.67%	3.99%	4.06%	2.35%	2.23%	3.18%	3.50%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $204,183K ÷ $2,036,610K
= 10.03%

The net profit margin for Stride Inc has shown a generally positive trend over the past several quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, increased from 3.50% in Sep 2019 to 10.03% in Jun 2024.

This improvement indicates that Stride Inc has been effectively managing its costs and generating higher profits relative to its revenue. The company's ability to consistently expand its net profit margin suggests operational efficiency and effective financial management practices.

However, it is important to note that while the trend shows improvement, there are fluctuations in the net profit margin over the quarters, indicating potential variability in the company's profitability. It would be beneficial for Stride Inc to continue monitoring its cost structure and revenue generation to sustain and potentially further enhance its net profit margin in the future.