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Strategic Education, Inc. STRA Cloud computing arrangements

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%

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 stra:HostingArrangementServiceContractImplementationCostCapitalizedAfterAccumulatedAmortizationCurrent.

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

Questions, answered.

What is Strategic Education, Inc.'s cloud computing arrangements?
Strategic Education, Inc. (STRA) reported cloud computing arrangements of $13.25M in Q1 2026.
How has Strategic Education, Inc.'s cloud computing arrangements changed year-over-year?
Strategic Education, Inc.'s cloud computing arrangements increased by 53.2% year-over-year, from $8.65M to $13.25M.
What is the long-term trend for Strategic Education, Inc.'s cloud computing arrangements?
Over 3 years (2022 to 2025), Strategic Education, Inc.'s cloud computing arrangements has grown at a 12.1% compound annual growth rate (CAGR), from $7.86M to $11.07M.