Alex Paris's questions to Stride Inc (LRN) leadership • Q4 2025
Question
Alex Paris of Barrington Research Associates sought clarification on the New Mexico contract situation, asking if the students from the terminated Gallup McKinley contract had migrated to the new multi-district program and whether that program was pre-existing. He also asked about the potential impact of the 'one big beautiful bill' on Stride's business.
Answer
CEO James Rhyu confirmed that the 'vast, vast, vast majority' of families from the previous program reregistered with Stride's new partner schools, resulting in 'no hole to fill' from the contract change. He explained Stride stood by the families and teachers, which strengthened their position. Regarding the legislative bill, Rhyu stated that any administration that favors school choice is aligned with Stride's mission and generally favorable for the company.