Listed

Strategic Education, Inc.

STRANasdaqCIK 1013934OtherFiscal year ends Dec 31

Latest reported revenue, Q2 FY2026$337.3mRevenue, Q2 FY2026, three months to 2026-06-30$337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Jul 29, 2026.

Latest quarter: Q2 FY2026

Three months to Jun 30, 2026, against the same quarter a year earlier.

  • Revenue$337.3mRevenue, Q2 FY2026, three months to 2026-06-30$337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure+4.9% on a year earlier
  • Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
  • Operating margin15.0%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $50.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure+0.7 pts on a year earlier
  • Net margin11.0%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $37.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure+1.0 pts on a year earlier
  • Diluted EPS$1.71Diluted EPS, Q2 FY2026, three months to 2026-06-30$1.71 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure+24.8% on a year earlier
  • Free cash flow$15.0mFree cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $29.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Capital expenditure: $14.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Report this figure−26.2% on a year earlier

Last eight quarters

Full statements
Revenue$337.3mOperating margin 15.0%
Diluted EPS$1.71, Q2 FY2026
Free cash flow$15.0m, Q2 FY2026
Strategic Education, Inc., key figures for the last eight quarters
Line itemUnitQ3 FY20242024-09-30Q4 FY20242024-12-31Q1 FY20252025-03-31Q2 FY20252025-06-30Q3 FY20252025-09-30Q4 FY20252025-12-31Q1 FY20262026-03-31Q2 FY20262026-06-30Shape over the periods
Revenue$m306Revenue, Q3 FY2024, three months to 2024-09-30$306.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure311Revenue, Q4 FY2024, three months to 2024-12-31$311.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure304Revenue, Q1 FY2025, three months to 2025-03-31$303.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure321Revenue, Q2 FY2025, three months to 2025-06-30$321.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure320Revenue, Q3 FY2025, three months to 2025-09-30$319.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure323Revenue, Q4 FY2025, three months to 2025-12-31$323.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure306Revenue, Q1 FY2026, three months to 2026-03-31$305.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure337Revenue, Q2 FY2026, three months to 2026-06-30$337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure
Gross margin%not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)
Operating margin%11.9%Operating margin, Q3 FY2024, three months to 2024-09-30. operating income / revenueOperating income: $36.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Revenue: $306.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure11.6%Operating margin, Q4 FY2024, three months to 2024-12-31. operating income / revenueOperating income: $36.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Revenue: $311.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure13.1%Operating margin, Q1 FY2025, three months to 2025-03-31. operating income / revenueOperating income: $39.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Revenue: $303.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure14.2%Operating margin, Q2 FY2025, three months to 2025-06-30. operating income / revenueOperating income: $45.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $321.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure11.6%Operating margin, Q3 FY2025, three months to 2025-09-30. operating income / revenueOperating income: $37.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Revenue: $319.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure16.0%Operating margin, Q4 FY2025, three months to 2025-12-31. operating income / revenueOperating income: $51.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Revenue: $323.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure13.4%Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: $41.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Revenue: $305.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure15.0%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: $50.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure
Net margin%9.1%Net margin, Q3 FY2024, three months to 2024-09-30. net income / revenueNet income: $27.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Revenue: $306.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure8.1%Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: $25.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Revenue: $311.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure9.8%Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: $29.7m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Revenue: $303.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure10.1%Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: $32.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $321.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure8.3%Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: $26.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Revenue: $319.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figure11.7%Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: $37.9m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Revenue: $323.2m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure10.7%Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: $32.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Revenue: $305.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure11.0%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: $37.2m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Revenue: $337.3m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure
Diluted EPS$ per share1.15Diluted EPS, Q3 FY2024, three months to 2024-09-30$1.15 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figurenot reported (Diluted EPS not reported)1.24Diluted EPS, Q1 FY2025, three months to 2025-03-31$1.24 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure1.37Diluted EPS, Q2 FY2025, three months to 2025-06-30$1.37 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure1.15Diluted EPS, Q3 FY2025, three months to 2025-09-30$1.15 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-06, accession 0001013934-25-000042.Report this figurenot reported (Diluted EPS not reported)1.48Diluted EPS, Q1 FY2026, three months to 2026-03-31$1.48 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure1.71Diluted EPS, Q2 FY2026, three months to 2026-06-30$1.71 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-07-29, accession 0001013934-26-000018.Report this figure
Free cash flow$m42.1Free cash flow, Q3 FY2024, three months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: $51.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001013934-25-000042. Derived: 9-month figure less the 6-month figure.Capital expenditure: $9.4m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-06, accession 0001013934-25-000042. Derived: 9-month figure less the 6-month figure.Report this figure4.7Free cash flow, Q4 FY2024, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $15.9m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Capital expenditure: $11.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure57.3Free cash flow, Q1 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: $67.7m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Capital expenditure: $10.3m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure20.4Free cash flow, Q2 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: $31.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Capital expenditure: $10.8m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Report this figure49.3Free cash flow, Q3 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: $60.1m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-06, accession 0001013934-25-000042. Derived: 9-month figure less the 6-month figure.Capital expenditure: $10.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-06, accession 0001013934-25-000042. Derived: 9-month figure less the 6-month figure.Report this figure27.0Free cash flow, Q4 FY2025, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $39.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Capital expenditure: $12.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001013934-26-000006. Derived: 12-month figure less the 9-month figure.Report this figure77.3Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: $87.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Capital expenditure: $10.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-04-23, accession 0001013934-26-000012.Report this figure15.0Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: $29.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Capital expenditure: $14.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-07-29, accession 0001013934-26-000018. Derived: 6-month figure less the 3-month figure.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$1.27bnOperating margin 13.7%
Diluted EPS$5.41, FY2025
Free cash flow$153.9m, FY2025
Strategic Education, Inc., key figures for the last five fiscal years
Line itemUnitFY20212021-12-31FY20222022-12-31FY20232023-12-31FY20242024-12-31FY20252025-12-31Shape over the periods
Revenue$m1,132Revenue, FY2021, twelve months to 2021-12-31$1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001013934-24-000004.Report this figure1,065Revenue, FY2022, twelve months to 2022-12-31$1.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-27, accession 0001013934-25-000007.Report this figure1,133Revenue, FY2023, twelve months to 2023-12-31$1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure1,220Revenue, FY2024, twelve months to 2024-12-31$1.22bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure1,268Revenue, FY2025, twelve months to 2025-12-31$1.27bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure
Gross margin%not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)not reported (Gross profit not reported)
Operating margin%6.5%Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: $73.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-02-29, accession 0001013934-24-000004.Revenue: $1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001013934-24-000004.Report this figure6.6%Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: $70.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2025-02-27, accession 0001013934-25-000007.Revenue: $1.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-27, accession 0001013934-25-000007.Report this figure8.4%Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: $95.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure12.8%Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: $155.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.22bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure13.7%Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: $174.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.27bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure
Net margin%4.9%Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: $55.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-02-29, accession 0001013934-24-000004.Revenue: $1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2024-02-29, accession 0001013934-24-000004.Report this figure4.4%Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: $46.7m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2025-02-27, accession 0001013934-25-000007.Revenue: $1.07bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2025-02-27, accession 0001013934-25-000007.Report this figure6.2%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $69.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.13bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure9.2%Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: $112.7m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.22bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure10.0%Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: $126.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-02-27, accession 0001013934-26-000006.Revenue: $1.27bn. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure
Diluted EPS$ per share2.28Diluted EPS, FY2021, twelve months to 2021-12-31$2.28 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-02-29, accession 0001013934-24-000004.Report this figure1.94Diluted EPS, FY2022, twelve months to 2022-12-31$1.94 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2025-02-27, accession 0001013934-25-000007.Report this figure2.91Diluted EPS, FY2023, twelve months to 2023-12-31$2.91 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure4.67Diluted EPS, FY2024, twelve months to 2024-12-31$4.67 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure5.41Diluted EPS, FY2025, twelve months to 2025-12-31$5.41 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure
Free cash flow$m131Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: $180.5m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-02-29, accession 0001013934-24-000004.Capital expenditure: $49.4m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2024-02-29, accession 0001013934-24-000004.Report this figure82.9Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: $126.1m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2025-02-27, accession 0001013934-25-000007.Capital expenditure: $43.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2025-02-27, accession 0001013934-25-000007.Report this figure80.2Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: $117.1m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001013934-26-000006.Capital expenditure: $36.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure129Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: $169.3m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001013934-26-000006.Capital expenditure: $40.6m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure154Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: $198.2m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-02-27, accession 0001013934-26-000006.Capital expenditure: $44.3m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-02-27, accession 0001013934-26-000006.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

Funds that report holding Strategic Education, Inc.
FundQuarter endedReported valueSharesPut or callChange on the quarter before
BlackRock, Inc.2026-06-30$291.2m3,800,430Added+99,367
VANGUARD PORTFOLIO MANAGEMENT LLC2026-06-30$111.9m1,460,171Added+41,009
DIMENSIONAL FUND ADVISORS LP2026-06-30$111.7m1,457,242Reduced−1,498
BANK OF MONTREAL /CAN/2026-06-30$96.3m1,257,266Reduced−150,937
VANGUARD CAPITAL MANAGEMENT LLC2026-06-30$72.4m945,402Reduced−34,360
STATE STREET CORP2026-06-30$69.7m909,679Added+33,331
GEODE CAPITAL MANAGEMENT, LLC2026-06-30$45.9m598,896Added+7,563
MORGAN STANLEY2026-06-30$45.3m591,719Added+280,749
MARSHFIELD ASSOCIATES2026-06-30$42.8m559,012Reduced−233,918
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP2026-06-30$34.3m447,693Reduced−6,816

Recent filings

All 939 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

Strategic Education, Inc., recent filings
FiledFormWhat it isAccession number
2026-07-2920:06 ET10-QQuarterly reportPeriod 2026-06-300001013934-26-000018
2026-07-2910:35 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001013934-26-000015
2026-04-2320:01 ET10-QQuarterly reportPeriod 2026-03-310001013934-26-000012
2026-04-2310:35 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001013934-26-000008
2026-03-1120:05 ETDEF 14AProxy statementPeriod 2026-04-220001104659-26-026380
2026-02-2721:06 ET10-KAnnual reportPeriod 2025-12-310001013934-26-000006
2026-02-2621:08 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001013934-26-000002
2025-11-0621:07 ET10-QQuarterly reportPeriod 2025-09-300001013934-25-000042
2025-11-0611:48 ET8-K2.02 Results of operations; 9.01 Financial statements and exhibits0001013934-25-000039
2025-07-3020:05 ET10-QQuarterly reportPeriod 2025-06-300001013934-25-000035

Latest annual report

Form 10-K for the fiscal year ended Dec 31, 2025Filed Feb 27, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by [object Promise].Forecast this quarter

About the filer

CIK
1013934
Tickers
STRA
Exchange
Nasdaq
SIC code
8200 Services-Educational Services
Sector
Other
Fiscal year ends
Dec 31
Incorporated in
MD
Filer category
Large accelerated filer
Former names
Strategic Education, Inc. (to 2026-10-08); STRAYER EDUCATION INC (to 2018-07-09)

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. Listed shows no prices and gives no investment advice.