Strategic Education (STRA)
Runs degree universities, employer learning benefits, and online course platforms for working adults.
$77.96
After hours+1.58 (+2.07%)
At close$76.38(−2.74%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 286 | 303 | 290 | 312 | 306 | 311 | 304 | 321 | 320 | 323 | 306 | 337 |
| Cost of revenue | 156 | 154 | 158 | 163 | 163 | 167 | 158 | 166 | 163 | 160 | 155 | 178 |
| Gross profit | 130 | 149 | 133 | 149 | 143 | 145 | 145 | 155 | 157 | 163 | 151 | 159 |
| 105 | 95 | 91 | 107 | 107 | 109 | 106 | 110 | 120 | 109 | 108 | 109 | |
| 98 | 92 | 97 | 105 | 106 | 104 | 104 | 107 | 106 | −6 | 108 | 106 | |
| General & administrative | 98 | 92 | 97 | 105 | 106 | 104 | 104 | 107 | 106 | −6 | 108 | 106 |
| Other expenses | 7 | 2 | −6 | 2 | 1 | 4 | 2 | 3 | 14 | 114 | 0 | 2 |
| Operating income | 26 | 54 | 41 | 42 | 36 | 36 | 40 | 46 | 37 | 55 | 43 | 50 |
| 1 | 1 | 2 | 0 | 2 | 2 | 2 | 0 | 0 | −1 | −1 | 1 | |
| Interest income | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −4 | −1 | 6 | −2 | −1 | −4 | −2 | −3 | 0 | 1 | 1 | −2 |
| Income before tax | 26 | 55 | 43 | 42 | 39 | 38 | 42 | 45 | 37 | 53 | 42 | 52 |
| Income tax expense | 8 | 16 | 13 | 12 | 11 | 13 | 12 | 13 | 10 | 15 | 9 | 15 |
| Net income from continuing operations | 18 | 39 | 30 | 30 | 28 | 25 | 30 | 32 | 27 | 38 | 33 | 37 |
| Net income | 18 | 39 | 30 | 30 | 28 | 25 | 30 | 32 | 27 | 38 | 33 | 37 |
| EPS, basic | $0.79 | $1.67 | $1.27 | $1.28 | $1.18 | $1.08 | $1.28 | $1.41 | $1.18 | $1.71 | $1.52 | $1.74 |
| EPS, diluted | $0.77 | $1.63 | $1.23 | $1.24 | $1.15 | $1.05 | $1.24 | $1.37 | $1.15 | $1.66 | $1.48 | $1.71 |
| Weighted average shares, basic | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 22 | 22 | 21 |
| Weighted average shares, diluted | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | 23 | 23 | 22 | 22 |
| EBITDA | 44 | 68 | 47 | 55 | 48 | 52 | 53 | 61 | 49 | 66 | 53 | 64 |
| Depreciation & amortization | 15 | 12 | 11 | 11 | 11 | 11 | 11 | 12 | 12 | 13 | 11 | 11 |
| EBIT | 29 | 55 | 36 | 44 | 37 | 40 | 42 | 49 | 37 | 53 | 42 | 53 |
