For the quarter ending 2025-12-31, LRN has $2,306,550K in assets. $758,709K in debts. $497,098K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 497,098 | 518,439 | 782,497 | 528,547 |
| Accounts receivable, net of allowance of 31,507 and 31,124 | 868,964 | 809,302 | 559,646 | 699,817 |
| Inventories, net | 17,942 | 19,814 | 37,570 | 22,375 |
| Prepaid expenses | 74,384 | 91,261 | 35,579 | 49,733 |
| Marketable securities | 128,615 | 196,659 | 202,769 | 195,144 |
| Other current assets | 13,314 | 14,634 | 14,673 | 17,361 |
| Total current assets | 1,600,317 | 1,650,109 | 1,632,734 | 1,512,977 |
| Operating lease right-of-use assets, net | - | - | 15,960 | 46,011 |
| Property and equipment, net | 110,580 | 112,993 | 78,582 | 88,490 |
| Capitalized software, net | 79,084 | 76,156 | 75,314 | 76,932 |
| Capitalized curriculum development costs, net | 61,066 | 59,642 | 58,584 | 55,860 |
| Intangible assets, net | 14,416 | 16,294 | 18,227 | 52,759 |
| Goodwill | 246,676 | 246,676 | 246,676 | 246,676 |
| Deferred tax asset | - | - | 26,377 | 3,363 |
| Deposits and other assets | 194,411 | 171,245 | 141,505 | 124,876 |
| Total assets | 2,306,550 | 2,333,115 | 2,293,959 | 2,207,944 |
| Accounts payable | 45,739 | 55,596 | 43,962 | 40,204 |
| Accrued liabilities | 63,369 | 59,468 | 103,276 | 71,185 |
| Accrued compensation and benefits | 43,409 | 43,870 | 74,939 | 68,959 |
| Deferred revenue | 5,084 | 18,820 | 26,995 | 32,902 |
| Current portion of finance lease liability | 58,459 | 55,278 | 42,316 | 44,011 |
| Current portion of operating lease liability | 4,073 | 10,528 | 11,391 | 12,306 |
| Total current liabilities | 220,133 | 243,560 | 302,879 | 269,567 |
| Long-term finance lease liability | 65,986 | 69,735 | 44,567 | 52,763 |
| Long-term operating lease liability | 10,566 | 35,743 | 35,164 | 36,790 |
| Long-term debt | 417,182 | 416,751 | 416,322 | 415,913 |
| Deferred tax liability | 26,533 | 21,570 | - | - |
| Other long-term liabilities | 18,309 | 18,348 | 15,408 | 15,539 |
| Total liabilities | 758,709 | 805,707 | 814,340 | 790,572 |
| Common stock, par value 0.0001 100,000,000 shares authorized 49,194,315 and 48,852,419 shares issued and 42,586,782 and 43,517,676 shares outstanding, respectively | 4 | 4 | 4 | 4 |
| Additional paid-in capital | 724,366 | 714,697 | 735,711 | 724,767 |
| Accumulated other comprehensive loss | -63 | -64 | -67 | -50 |
| Retained earnings | 1,014,730 | 915,253 | 846,453 | 795,133 |
| Treasury stock of 6,607,533 and 5,334,743 shares at cost, respectively | 191,196 | 102,482 | 102,482 | 102,482 |
| Total stockholders' equity | 1,547,841 | 1,527,408 | 1,479,619 | 1,417,372 |
| Total liabilities and stockholders' equity | 2,306,550 | 2,333,115 | 2,293,959 | 2,207,944 |
Stride, Inc. (LRN)
Stride, Inc. (LRN)