How did Stride's revenue and expenses trend in Q2 2025?

**Stride's revenue showed significant growth in Q2 2025, but expenses were not reported**, which makes it difficult to analyze the company's profitability trends solely based on the provided data. However, we can infer the following points:

1. **Revenue Growth**: Stride's revenue by business segments for Q2 2025 shows the company's general education segment generated $329.41 million, career learning $221.68 million, middle-high school $198.89 million, and adult learning $22.79 million. The notable increase in revenue can be attributed to a 21.1% rise in average enrollments, reaching 240.2K students compared to 198.4K in the previous year's same quarter. Career learning enrollments saw a significant rise of 33.7%, totaling 98.7K.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|LRN|LRN.N|Stride|20250101-2025|Career Learning|4.54573E8|169|
|LRN|LRN.N|Stride|20250101-2025|Career Learning|2.21677E8|169|

2. **Financial Performance**: Stride reported a nearly 18% rise in total revenue for the third fiscal quarter of 2025, reaching $613.4 million, with career learning revenue jumping 33% to $223.9 million and general education revenue increasing by 13% to nearly $371 million. This growth reflects strong demand and operational efficiency.
3. **Earnings Projection and Stock Performance**: Stride raised its revenue forecast for the full fiscal year 2025 to a range of $2.370 billion to $2.385 billion, indicating confidence in continued growth. The stock has performed well, with a 37% increase so far this year. Big Money investors are showing institutional support, which is driving the stock's upward trend.
4. **Operational Efficiency**: The company's strategic initiatives and operational efficiencies have been effective, as evidenced by the significant increase in income from operations (48.1% rise) and net income (42.6% increase) for the third quarter of fiscal 2025 compared to the same period last year. Adjusted operating income and adjusted EBITDA also showed substantial increases.

In conclusion, Stride's revenue trend in Q2 2025 was positive, with significant growth across various segments and average enrollments. However, the lack of expense data prevents a comprehensive analysis of the company's profitability for the period.