Stride's stock experienced a significant pre-market surge of 30.32%, driven by the company's release of better-than-expected second-quarter fiscal 2026 financial results.

The education technology company reported quarterly adjusted earnings per share of $2.50, surpassing analyst estimates ranging from $2.08 to $2.32. Revenue for the quarter reached $631.3 million, also exceeding consensus expectations of approximately $627.9 million. Key performance metrics showed a 7.8% year-over-year increase in enrollments and a 1.8% rise in revenue per enrollment.

Additionally, Stride provided positive forward guidance, forecasting third-quarter revenue between $615 million and $645 million and affirming its full-year revenue outlook of $2.48 billion to $2.555 billion. The company's Career Learning segment demonstrated particularly strong growth, with revenue increasing by 24.5% year-over-year.