Strategic Education, Inc. (STRA)

NASDAQ: STRA · Real-Time Price · USD

52.20

-6.27 (-10.72%)

At close: Nov 6, 2026, 4:00 PM EST

52.47

+0.27 (0.52%)

Pre-market: Nov 9, 2026, 5:53 AM EST

Strategic Education Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	126.58	140.76	137.07	168.48	213.67	268.92
Short-Term Investments	5	7.3	46.95	39.73	9.16	6.5
Cash & Short-Term Investments	131.57	148.05	184.02	208.21	222.82	275.42
Cash Growth	-23.79%	-19.55%	-11.62%	-6.56%	-19.10%	41.19%
Accounts Receivable	112.53	78.2	76.13	76.1	62.95	51.28
Other Receivables	5.6	2.51	-	-	-	0.31
Receivables	118.12	80.71	76.13	76.1	62.95	51.59
Prepaid Expenses	30.26	22.97	20.84	20.03	19.07	17.86
Restricted Cash	5.98	8.25	9.08	12.94	13.29	9.79
Other Current Assets	18.68	17.87	14.87	11.79	10.93	13.12
Total Current Assets	304.62	277.86	304.94	329.07	329.06	367.79
Property, Plant & Equipment	194.92	198.51	214.92	237.73	258.09	300.18
Long-Term Investments	18.93	17.26	31.2	19.36	30.4	42.54
Goodwill	1,141	1,242	1,207	1,252	1,251	1,286
Other Intangible Assets	244.6	249.24	245.1	251.62	260.54	276.38
Long-Term Accounts Receivable	5.71	6.22	7.04	2.52	2.67	2.47
Long-Term Deferred Charges	28.21	27.09	19.14	12.81	7.51	5.96
Other Long-Term Assets	20.5	19.95	20.52	20.22	22.2	24.72
Total Assets	1,958	2,039	2,050	2,125	2,162	2,306

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	67.33	55.99	55.73	49.25	45.83	45.34
Accrued Expenses	57.16	49.81	46.02	41.64	44.76	50.18
Current Portion of Leases	15.05	15.91	22.22	24.19	23.88	27.01
Current Income Taxes Payable	-	-	2.93	2.2	6.99	-
Current Unearned Revenue	143.08	96.25	89.56	92.34	88.49	73.23
Total Current Liabilities	282.62	217.94	216.46	209.62	209.94	195.76
Long-Term Debt	-	-	-	61.4	101.4	141.63
Long-Term Leases	87.86	93.22	103	127.74	134.01	162.82
Long-Term Unearned Revenue	35.88	35.58	34.51	37.19	36.54	34.7
Long-Term Deferred Tax Liabilities	34.28	35.84	27.59	28.34	34.61	44.6
Other Long-Term Liabilities	8.34	9.56	5.68	8.42	9.47	12.39
Total Liabilities	448.99	392.13	387.24	472.7	525.96	591.89

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.22	0.23	0.25	0.24	0.24	0.25
Additional Paid-In Capital	1,361	1,437	1,532	1,518	1,511	1,530
Retained Earnings	165.01	255.5	218.41	168.87	159.69	174.57
Comprehensive Income & Other	-17.53	-46.12	-88.57	-34.25	-35.07	9.2
Shareholders' Equity	1,509	1,646	1,662	1,653	1,636	1,714
Total Liabilities & Equity	1,958	2,039	2,050	2,125	2,162	2,306

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	102.91	109.12	125.23	213.33	259.28	331.46
Net Cash (Debt)	35.66	43.93	73.78	-4.63	-23.34	-32.66
Net Cash Growth	-45.12%	-40.45%	-	-	-	-
Net Cash Per Share	1.64	1.88	3.06	-0.19	-0.97	-1.35
Filing Date Shares Outstanding	21.66	22.49	24.26	24.16	24.16	24.35
Total Common Shares Outstanding	22.74	22.72	24.16	24.16	24.16	24.35
Working Capital	22	59.91	88.48	119.45	119.12	172.03
Book Value Per Share	66.35	72.45	68.81	68.39	67.71	70.40
Tangible Book Value	123.91	154.75	210.52	149.01	123.97	151.75
Tangible Book Value Per Share	5.45	6.81	8.71	6.17	5.13	6.23
Land	-	-	1.5	1.5	3.6	5.38
Buildings	-	-	6.19	6.71	9.86	16.69
Machinery	-	52.17	52.34	52.86	53.69	85.23
Construction In Progress	-	8.24	8.01	6.53	7.02	9.25
Leasehold Improvements	-	65.29	67.86	72.35	70.92	71.63

SEC Filings: 10-K · 10-Q