LRN · 10-Q · 2026Q1 · Full report

Financing Activities

Stride, Inc. · 2026-04-29 · Importance 77 · Surprise 82

Net cash used in financing activities for the nine months ended March 31, 2026 was $166.1 million compared to $50.6 million in the prior year, an increase in cash outflows of $115.5 million. The increase was primarily due to purchase of treasury stock of $88.7 million, increases in repurchase of restricted stock for income tax withholding of $15.5 million, and repayment of finance lease obligations of $11.3 million. The financing outflows reflect active capital return through repurchases and lease repayments that together constitute a meaningful use of cash in fiscal 2026 to date. These financing uses, combined with investing and operating cash flow trends, bear on the company’s liquidity and capital allocation strategy for the remainder of the fiscal year.

Key facts

• Net cash used in financing activities for the nine months ended March 31, 2026 was $166.1 million compared to $50.6 million for the nine months ended March 31, 2025, an increase in cash used of $115.5 million primarily due to purchase of treasury stock of $88.7 million, increases in repurchase of restricted stock for income tax withholding of $15.5 million and repayment of finance lease obligations of $11.3 million.
• Stride continues to explore acquisitions, strategic investments and joint ventures that it may acquire using cash, stock, debt, contribution of assets or a combination thereof.

Impact estimates