Is Stride's Expanding EBITDA Margin a Sign of Operating Leverage?

Key Takeaways Stride's Q3 adjusted EBITDA rose 40% year over year to a record $168.3 million. LRN's 21% enrollment growth and cost discipline fueled a 190-bp gross margin increase to 40.6%. Shares have surged 104.6% in a year, with FY25 EPS estimates up to$ 7.09 from $6.96 in 60 days.Stride, Inc. (LRN) continues to deliver robust margin growth. In third-quarter fiscal 2025, the company reported a robust performance with adjusted EBITDA rising 40% year over year to a record$ 168.3 million. This expansion s ...