Strategic Education, Inc. (STRA)

Strategic Education Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	150.35	140.76	137.07	168.48	213.67	268.92
Short-Term Investments	7.28	7.3	46.95	39.73	9.16	6.5
Cash & Short-Term Investments	157.63	148.05	184.02	208.21	222.82	275.42
Cash Growth	-13.70%	-19.55%	-11.62%	-6.56%	-19.10%	41.19%
Accounts Receivable	86.19	78.2	76.13	76.1	62.95	51.28
Other Receivables	-	2.51	-	-	-	0.31
Total Trade Receivables	86.19	80.71	76.13	76.1	62.95	51.59
Other Current Assets	60.03	49.09	44.79	44.76	43.29	40.78
Total Current Assets	303.84	277.86	304.94	329.07	329.06	367.79
Net Property, Plant & Equipment	196.64	198.51	214.92	237.73	258.09	300.18
Other Intangible Assets	250.41	249.24	245.1	251.62	260.54	276.38
Goodwill	1,256	1,242	1,207	1,252	1,251	1,286
Long-Term Investments	5	5	14.98	0.48	13.12	23.38
Other Long-Term Assets	66.93	65.51	62.91	54.42	49.65	52.3
Total Assets	2,078	2,039	2,050	2,125	2,162	2,306
Accounts Payable	115.1	105.79	101.75	90.89	90.59	95.52
Current Portion of Leases	14.32	15.91	22.22	24.19	23.88	27.01
Unearned Revenue	132.02	96.25	89.56	92.34	88.49	73.23
Other Current Liabilities	1.49	-	2.93	2.2	6.99	-
Total Current Liabilities	262.93	217.94	216.46	209.62	209.94	195.76
Long-Term Debt	-	-	-	61.4	101.4	141.63
Long-Term Leases	94.88	93.22	103	127.74	134.01	162.82
Other Long-Term Liabilities	86.11	80.98	67.77	73.94	80.61	91.68
Total Long-Term Liabilities	181	174.19	170.78	263.08	316.01	396.14
Total Liabilities	443.92	392.13	387.24	472.7	525.96	591.89
Common Stock	0.23	0.23	0.25	0.24	0.24	0.25
Additional Paid-in Capital	1,399	1,437	1,532	1,518	1,511	1,530
Accumulated Other Comprehensive Income	-30.96	-46.12	-88.57	-34.25	-35.07	9.2
Retained Earnings	265.79	255.5	218.41	168.87	159.69	174.57
Shareholders' Equity	1,634	1,646	1,663	1,653	1,636	1,714
Total Liabilities & Equity	2,078	2,039	2,050	2,125	2,162	2,306
Total Debt	109.2	109.12	125.23	213.33	259.28	331.46
Net Cash (Debt)	48.43	38.93	58.8	-5.12	-36.46	-56.04
Net Cash Growth	24.38%	-33.78%	-	-	-	-
Net Cash Per Share	2.11	1.66	2.44	-0.21	-1.52	-2.32
Book Value	1,634	1,646	1,663	1,653	1,636	1,714
Book Value Per Share	71.28	70.35	68.87	68.98	68.16	71.06
Tangible Book Value	128.48	154.75	210.52	149.01	123.97	151.75
Tangible Book Value Per Share	5.60	6.61	8.72	6.22	5.17	6.29

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q