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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
| 1,291 | 1,268 | 1,220 | 1,133 | 1,065 | 1,132 | |
Revenue Growth | 2.79% | 3.96% | 7.68% | 6.33% | -5.85% | 10.12% |
Cost of Revenue | 656.24 | 647.11 | 650.5 | 623.9 | 597.32 | 608.26 |
Gross Profit | 635.23 | 621.11 | 569.43 | 509.02 | 468.16 | 523.43 |
Selling, General & Admin | 433.49 | 424.97 | 412.16 | 384.44 | 379.82 | 361.35 |
Amortization of Goodwill & Intangibles | - | - | - | 11.46 | 14.35 | 51.5 |
Operating Expenses | 433.49 | 424.97 | 412.16 | 395.9 | 394.17 | 412.84 |
Operating Income | 201.75 | 196.14 | 157.28 | 113.12 | 73.99 | 110.59 |
Interest Expense | -1 | -1 | -3.8 | -7.2 | -5.7 | -3.6 |
Interest & Investment Income | 5.9 | 8.2 | 12.5 | 10.4 | 3.8 | 1.1 |
Earnings From Equity Investments | -0.49 | -4.35 | -2.7 | - | - | - |
Other Non Operating Income (Expenses) | -0.04 | 0.31 | -0.2 | 2.21 | 0.71 | 5.19 |
EBT Excluding Unusual Items | 206.12 | 199.3 | 163.08 | 118.53 | 72.8 | 113.27 |
Merger & Restructuring Charges | -12.01 | -21.91 | -1.65 | -17.8 | -3.23 | -36.67 |
Impairment of Goodwill | -126.98 | - | - | - | - | - |
Asset Writedown | -7.12 | - | - | - | - | - |
Pretax Income | 60.01 | 177.39 | 161.43 | 100.73 | 69.57 | 76.6 |
Income Tax Expense | 50.44 | 50.78 | 48.75 | 30.94 | 22.9 | 21.51 |
Net Income | 9.57 | 126.61 | 112.68 | 69.79 | 46.67 | 55.09 |
Net Income to Common | 9.57 | 126.61 | 112.68 | 69.79 | 46.67 | 55.09 |
Net Income Growth | -91.61% | 12.36% | 61.46% | 49.54% | -15.28% | -36.14% |
Shares Outstanding (Basic) | 22 | 23 | 23 | 23 | 24 | 24 |
Shares Outstanding (Diluted) | 22 | 23 | 24 | 24 | 24 | 24 |
Shares Change | -8.53% | -3.06% | 0.77% | -0.18% | -0.51% | 5.52% |
EPS (Basic) | 0.44 | 5.57 | 4.81 | 2.98 | 1.97 | 2.30 |
EPS (Diluted) | 0.44 | 5.41 | 4.67 | 2.91 | 1.94 | 2.28 |
EPS Growth | -90.90% | 15.85% | 60.48% | 50.00% | -14.91% | -39.52% |
Additional Metrics
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 |
Free Cash Flow | 163.63 | 153.95 | 128.75 | 80.18 | 82.88 | 131.09 |
Free Cash Flow Per Share | 7.54 | 6.58 | 5.33 | 3.35 | 3.45 | 5.43 |
Dividend Per Share | 2.400 | 2.400 | 2.400 | 2.400 | 2.400 | 2.400 |
Dividend Growth | 0% | 0% | 0% | 0% | 0% | 0% |
Gross Margin | 49.19% | 48.98% | 46.68% | 44.93% | 43.94% | 46.25% |
Operating Margin | 15.62% | 15.47% | 12.89% | 9.98% | 6.94% | 9.77% |
Profit Margin | 0.74% | 9.98% | 9.24% | 6.16% | 4.38% | 4.87% |
Free Cash Flow Margin | 12.67% | 12.14% | 10.55% | 7.08% | 7.78% | 11.58% |
EBITDA | 247.65 | 241.67 | 201.47 | 167.45 | 131.44 | 204.77 |
EBITDA Margin | 19.18% | 19.06% | 16.52% | 14.78% | 12.34% | 18.09% |
D&A For EBITDA | 45.91 | 45.53 | 44.2 | 54.33 | 57.44 | 94.18 |
EBIT | 201.75 | 196.14 | 157.28 | 113.12 | 73.99 | 110.59 |
EBIT Margin | 15.62% | 15.47% | 12.89% | 9.98% | 6.94% | 9.77% |
Effective Tax Rate | 84.06% | 28.63% | 30.20% | 30.71% | 32.92% | 28.08% |
Advertising Expenses | - | 0.19 | 186.3 | 185 | 181.3 | 165.1 |