Strategic Education, Inc. STRA Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Consolidated revenue by Business | ||||||
| Australia / New Zealand | $51.82M-21.0% | $65.59M-4.4% | $68.59M-0.8% | $69.14M+43.3% | $48.26M-27.6% | |
| Education Technology Services | $41.52M+6.2% | $39.09M+2.1% | $38.29M+4.4% | $36.69M+6.9% | $34.32M+12.7% | |
| U.S. Higher Education | $212.59M-2.7% | $218.53M+2.6% | $213.07M-1.2% | $215.64M-2.4% | $221.01M+3.1% | |
| Consolidated income from operations by Business | ||||||
| Australia / New Zealand | -$2.01M-116% | $12.31M-1.4% | $12.49M-2.1% | $12.76M+709% | -$2.1M-120% | |
| Education Technology Services | $19.69M+40.8% | $13.98M-12.4% | $15.96M+6.2% | $15.03M+8.5% | $13.85M+17.3% | |
| U.S. Higher Education | $25.5M-9.9% | $28.3M+23.9% | $22.85M+10.1% | $20.76M-30.7% | $29.96M+67.5% | |
| Direct segment expenses by Business | ||||||
| Australia / New Zealand | $48.32M+1.8% | $47.45M-6.3% | $50.64M-0.5% | $50.87M+12.4% | $45.25M-10.8% | |
| Education Technology Services | $19.71M-8.4% | $21.52M+3.1% | $20.87M+4.6% | $19.95M+6.1% | $18.81M+7.5% | |
| U.S. Higher Education | $171.62M-2.0% | $175.18M-0.9% | $176.81M-1.7% | $179.84M+2.5% | $175.54M-2.4% | |
| Stock-based compensation expense included in operating expense by Business | ||||||
| Australia / New Zealand | $241K-32.5% | $357K-22.7% | $462K+13.5% | $407K+14.6% | $355K-67.1% | |
| Education Technology Services | $445K-31.4% | $649K-9.6% | $718K-4.6% | $753K+19.7% | $629K+9.6% | |
| U.S. Higher Education | $4.6M-2.3% | $4.71M+1.4% | $4.65M-0.2% | $4.66M+6.3% | $4.38M-13.4% | |
| Enterprise shared services allocation by Business | ||||||
| Australia / New Zealand | $5.51M-5.5% | $5.83M+6.7% | $5.47M-0.9% | $5.52M+8.0% | $5.11M-1.7% | |
| Education Technology Services | $2.12M-41.0% | $3.59M+145% | $1.47M-14.6% | $1.72M+2.9% | $1.67M+43.5% | |
| U.S. Higher Education | $15.47M+2.9% | $15.04M+12.2% | $13.4M-10.9% | $15.04M-3.1% | $15.51M-6.4% | |
| Currency translation adjustments by Business | ||||||
| Australia / New Zealand | $13.14M+146% | $5.35M-10.3% | $5.96M-72.1% | $21.4M+657% | $2.83M+105% | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| Goodwill, Acquired During Period by Business | ||||||
| Australia / New Zealand | $0— | $0— | $0— | $0— | $0— | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Australia / New Zealand | $2.22M-8.1% | $2.41M+0.7% | $2.39M-3.7% | $2.49M+6.3% | $2.34M+10.3% | |
| Education Technology Services | $1.42M-3.5% | $1.48M+10.1% | $1.34M+8.2% | $1.24M+11.2% | $1.11M+12.8% | |
| U.S. Higher Education | $7.12M-21.3% | $9.04M+40.3% | $6.44M-15.5% | $7.63M0.0% | $7.63M-5.4% | |
| Impairment of goodwill by Business | ||||||
| Australia / New Zealand | $0— | $0— | $0— | $0— | $0— | |
| Education Technology Services | $0— | $0— | $0— | $0— | $0— | |
| U.S. Higher Education | $0— | $0— | $0— | $0— | $0— | |
| Goodwill by Business | ||||||
| Australia / New Zealand | $523.48M+2.6% | $510.34M+1.1% | $504.99M+1.2% | $499.03M+4.5% | $477.64M+0.6% | |
| Education Technology Services | $100M0.0% | $100M0.0% | $100M0.0% | $100M0.0% | $100M0.0% | |
| U.S. Higher Education | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | $632.08M0.0% | |
| Consolidated revenue by Product | ||||||
| Other | $10.51M-9.5% | $11.62M+2.5% | $11.34M+11.0% | $10.22M-7.8% | $11.08M-4.0% | |
| Tuition, net of discounts, grants and scholarships | $253.9M-6.8% | $272.5M+0.8% | $270.32M-1.5% | $274.56M+6.3% | $258.19M-4.2% | |
| Revenue remaining performance obligation by Product | ||||||
| Learn and Earn Scholarship | $17.3M+3.6% | $16.7M+5.0% | $15.9M+1.3% | $15.7M-1.3% | $15.9M— | |
| Tuition Cap | $8.1M+9.5% | $7.4M+8.8% | $6.8M+4.6% | $6.5M+10.2% | $5.9M+11.3% | |
| Restricted cash included in other current assets by Geography | ||||||
| Australia and New Zealand | $9.6M+20.0% | $8M+21.2% | $6.6M-25.0% | $8.8M-11.1% | $9.9M+35.6% | |
| United States | $300K0.0% | $300K-84.2% | $1.9M-9.5% | $2.1M+10.5% | $1.9M+5.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Strategic Education, Inc. break its business down?
- Strategic Education, Inc. (STRA) reports consolidated revenue by business across 3 parts — Australia / New Zealand, Education Technology Services and U.S. Higher Education. Each is extracted from the segment footnotes and tracked over time.
- Where does Strategic Education, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Strategic Education, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.