Strategic Education, Inc. (STRA)
NASDAQ: STRA · Real-Time Price · USD
81.96
+1.27 (1.57%)
Aug 18, 2026, 4:00 PM EDT - Market closed

Strategic Education Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
1,2861,2681,2201,1331,0651,132
Revenue Growth
3.53%3.96%7.68%6.33%-5.85%10.12%
Cost of Revenue
655.32647.11650.5623.9597.32608.26
Gross Profit
631.04621.11569.43509.02468.16523.43
Selling, General & Admin
429.02424.97412.16384.44379.82361.35
Amortization of Goodwill & Intangibles
---11.4614.3551.5
Operating Expenses
429.02424.97412.16395.9394.17412.84
Operating Income
202.02196.14157.28113.1273.99110.59
Interest Expense
-1-1-3.8-7.2-5.7-3.6
Interest & Investment Income
8.28.212.510.43.81.1
Earnings From Equity Investments
-1.88-4.35-2.7---
Other Non Operating Income (Expenses)
-1.50.31-0.22.210.715.19
EBT Excluding Unusual Items
205.84199.3163.08118.5372.8113.27
Merger & Restructuring Charges
-21.78-21.91-1.65-17.8-3.23-36.67
Pretax Income
184.06177.39161.43100.7369.5776.6
Income Tax Expense
49.5650.7848.7530.9422.921.51
Net Income
134.51126.61112.6869.7946.6755.09
Net Income to Common
134.51126.61112.6869.7946.6755.09
Net Income Growth
16.80%12.36%61.46%49.54%-15.28%-36.14%
Shares Outstanding (Basic)
222323232424
Shares Outstanding (Diluted)
222324242424
Shares Change
-6.22%-3.06%0.77%-0.18%-0.51%5.52%
EPS (Basic)
6.135.574.812.981.972.30
EPS (Diluted)
5.985.414.672.911.942.28
EPS Growth
24.48%15.85%60.48%50.00%-14.91%-39.52%
Free Cash Flow
168.59153.95128.7580.1882.88131.09
Free Cash Flow Per Share
7.506.585.333.353.455.43
Dividend Per Share
2.4002.4002.4002.4002.4002.400
Dividend Growth
0%0%0%0%0%0%
Gross Margin
49.06%48.98%46.68%44.93%43.94%46.25%
Operating Margin
15.71%15.47%12.89%9.98%6.94%9.77%
Profit Margin
10.46%9.98%9.24%6.16%4.38%4.87%
Free Cash Flow Margin
13.11%12.14%10.55%7.08%7.78%11.58%
EBITDA
246.78241.67201.47167.45131.44204.77
EBITDA Margin
19.18%19.06%16.52%14.78%12.34%18.09%
D&A For EBITDA
44.7645.5344.254.3357.4494.18
EBIT
202.02196.14157.28113.1273.99110.59
EBIT Margin
15.71%15.47%12.89%9.98%6.94%9.77%
Effective Tax Rate
26.92%28.63%30.20%30.71%32.92%28.08%
Advertising Expenses
-0.19186.3185181.3165.1
SEC Filings: 10-K · 10-Q