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Strategic Education, Inc. STRA Lease impairment charges

Lease impairment charges at other companies

Strategic Education, Inc. logo
Strategic Education, Inc.STRA
$233K+195%
Huron Consulting Group logo
Huron Consulting GroupHURN
$0-100%
Fortrea Holdings Inc. logo
Fortrea Holdings Inc.FTRE
$0-100%
Target Hospitality logo
Target HospitalityTH
$0
Wolfspeed logo
WolfspeedWOLF
$0-100%
Novanta logo
NovantaNOVT
$463.25K

Other financials

Income statement

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Revenue$305.9M+0.8%
Operating income$41.1M+3.2%
Net income$32.8M+10.3%
EPS (diluted)$1.48+19.4%

Balance sheet

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Cash & equivalents$160.8M+2.7%
Total debt$109.2M-8.6%
Total equity$1.6B-0.5%
Total assets$2.1B+0.2%

Cash flow

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Operating cash flow$87.4M+29.1%
CapEx$10.1M-2.4%
Free cash flow$77.3M+34.8%

Valuation

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Market cap$1.74B-9.4%
Enterprise value$1.69B-10.3%
P/E13.5×-3.6×
P/S1.4×-0.2×

Profitability

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Operating margin13.8%+1.3pp
Net margin10.2%+1.1pp
FCF margin13.7%+4.1pp

Returns & leverage

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Return on equity7.9%+1.1pp
Debt / equity0.1×0.0×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by Strategic Education, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.

The official record: Strategic Education, Inc.’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Strategic Education, Inc.'s lease impairment charges?
Strategic Education, Inc. (STRA) reported lease impairment charges of $233K in Q1 2026.
How has Strategic Education, Inc.'s lease impairment charges changed year-over-year?
Strategic Education, Inc.'s lease impairment charges increased by 194.9% year-over-year, from $79K to $233K.
What is the long-term trend for Strategic Education, Inc.'s lease impairment charges?
Over 3 years (2021 to 2025), Strategic Education, Inc.'s lease impairment charges has grown at a -37.2% compound annual growth rate (CAGR), from $18.89M to $4.69M.
What does lease impairment charges mean?
Represents a non-cash charge recognized when the carrying amount of a right-of-use lease asset exceeds its recoverable value. This indicates a reduction in the expected future utility or economic benefit of leased property, such as office space or campus facilities. It serves as an indicator of potential operational downsizing or underutilized physical assets.