stride inc 2026年季度报告

Form10-Q Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, asmaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transitionperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of theExchange Act.◻ As of January 23, 2026, the Registrant had 42,580,290 shares of common stock, $0.0001par value per share outstanding. Signatures43 STRIDE, INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1.Description of the Business Stride, Inc., together with its subsidiaries (“Stride” or the “Company”) is a technology companyproviding an educational platform to deliver online learning to students throughout the U.S. The brandreflects the Company’s continued growth into lifelong learning, regardless of a student’s age or location.The Company’s platform hosts products and services to attract, enroll, educate, track progress, and supportstudents. These products and services, spanning curriculum, systems, instruction, and support services, aredesigned to help learners of all ages reach their full potential through inspired teaching and personalized ●General Education products and services are predominantly focused on core subjects, includingmath, English, science and history, for kindergarten through twelfth grade students to help build acommon foundation of knowledge. These programs provide an alternative to traditional schooloptionsand address a range of student needs.Products and services are delivered as acomprehensive school-as-a-service offering for schools or as stand-alone products and services. A ●Career Learning products and services are focused on developing skills to enter and succeed incareers in high-growth, in-demand industries—including information technology, healthcare andgeneral business. The Company provides middle and high school students with Career Learningprograms that complement their core general education coursework. Stride offers multiple careerpathways through a broad catalog of courses. The middle school program exposes students to avariety of career options and introduces career skill development. In high school, students mayengage in industry content pathway courses, project-based learning in virtual teams, and careerdevelopmentservices.High school students have the opportunity to progress towardcertifications, connect with industry professionals, earn college credits while in high school, and 2.Basis of Presentation The accompanying condensed consolidated balance sheet as of December31,2025, the condensedconsolidated statements of operations and comprehensive income for the three and six months endedDecember31,2025 and 2024, the condensed consolidated statements of cash flows for the six monthsended December31,2025 and 2024, and the condensed consolidated statements of stockholders’ equityfor the three and six months ended December31,2025 and 2024 are unaudited. The unaudited interimfinancial statements have been prepared on the same basis as the annual financial statements, and in theopinion of management, reflect all adjustments, which include only normal recurring adjustments, The accompanying unaudited condensed consolidated financial statements of the Company have beenprepared in accordance with accounting principles generally accepted in the United States of America(“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 ofRegulation S-X of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Accordingly, STRIDE, INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - adjustments (consisting of normal recurring adjustments) considered necessary to present a fair statementof the Company’s condensed consolidated results of operations, financial position and cash flows.Preparation of the Company’s financial statements in conformity with GAAP requires management tomake estimates and assumptions that affect the reported amounts in the financial statements and footnotes.Actual results could differ from those estimates. This quarterly report on Form 10-Q should be read in 3.Summary of Significant Accounting Policies Recent Accounting Pronouncements Accounting Standards Not Yet Adopted In December 2023, the Financial Accounting Standards Board (“FASB”) issued ASU 2023-09,Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”). ASU 2023-09 isintended to enhance the transparency and decision usefulness of income tax disclosures. The amendmentsin ASU 2023-09 address investor requests for enhanced income tax information primarily through changesto the rate reconciliation and income taxes paid information. ASU 2023-09 is effective for fiscal yearsbeginning after December 15,