Strategic Education, Inc. STRA Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Consolidated revenue by Business | ||||||
| Australia / New Zealand | $255.14M+1.4% | $251.58M-0.4% | $252.66M-1.3% | $256.02M-0.8% | $258M+0.3% | |
| Education Technology Services | $155.59M+4.8% | $148.4M+6.2% | $139.77M+9.4% | $127.77M+10.5% | $115.6M+10.2% | |
| U.S. Higher Education | $859.82M-1.0% | $868.24M+0.5% | $864.04M+0.6% | $858.68M-0.1% | $859.66M+0.2% | |
| Consolidated income from operations by Business | ||||||
| Australia / New Zealand | $35.54M+0.3% | $35.45M+4.6% | $33.89M-6.5% | $36.25M-3.5% | $37.55M+0.4% | |
| Education Technology Services | $64.66M+9.9% | $58.81M+3.8% | $56.63M+10.0% | $51.47M+10.7% | $46.48M+8.8% | |
| U.S. Higher Education | $97.42M-4.4% | $101.87M+11.4% | $91.45M+14.3% | $80.04M+1.2% | $79.11M+2.5% | |
| Direct segment expenses by Business | ||||||
| Australia / New Zealand | $197.28M+1.6% | $194.21M-1.7% | $197.5M-0.9% | $199.24M-0.8% | $200.82M0.0% | |
| Education Technology Services | $82.05M+1.1% | $81.15M+5.2% | $77.12M+9.0% | $70.76M+10.1% | $64.29M+11.0% | |
| U.S. Higher Education | $703.45M-0.6% | $707.37M-0.7% | $712.06M-0.7% | $716.91M-0.3% | $719.06M0.0% | |
| Stock-based compensation expense included in operating expense by Business | ||||||
| Australia / New Zealand | $1.47M-7.2% | $1.58M-31.4% | $2.3M-20.6% | $2.9M-14.9% | $3.41M-13.6% | |
| Education Technology Services | $2.57M-6.7% | $2.75M+2.8% | $2.67M+9.0% | $2.45M+12.6% | $2.18M+12.4% | |
| U.S. Higher Education | $18.62M+1.2% | $18.4M-1.9% | $18.74M-3.2% | $19.35M-2.3% | $19.81M+2.4% | |
| Enterprise shared services allocation by Business | ||||||
| Australia / New Zealand | $22.32M+1.9% | $21.92M+3.0% | $21.28M+3.6% | $20.53M+4.6% | $19.63M+3.6% | |
| Education Technology Services | $8.89M+5.3% | $8.44M+40.4% | $6.01M+8.4% | $5.54M+14.5% | $4.84M+12.7% | |
| U.S. Higher Education | $58.95M-0.1% | $58.99M-2.5% | $60.54M-1.9% | $61.73M+0.4% | $61.5M0.0% | |
| Currency translation adjustments by Business | ||||||
| Australia / New Zealand | $45.85M+29.0% | $35.53M+251% | -$23.53M-139% | -$9.86M— | —— | |
| 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 | $9.51M-1.3% | $9.63M+3.1% | $9.34M+5.1% | $8.88M-0.9% | $8.96M-1.2% | |
| Education Technology Services | $5.48M+6.0% | $5.17M+10.4% | $4.68M+10.7% | $4.23M+11.7% | $3.79M+9.2% | |
| U.S. Higher Education | $30.22M-1.7% | $30.73M+3.3% | $29.75M-4.9% | $31.29M-0.5% | $31.46M-0.6% | |
| 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 | $2.04B+2.3% | $1.99B+1.8% | $1.96B-1.2% | $1.98B-0.5% | $1.99B-1.0% | |
| Education Technology Services | $400M0.0% | $400M0.0% | $400M0.0% | $400M0.0% | $400M0.0% | |
| U.S. Higher Education | $2.53B0.0% | $2.53B0.0% | $2.53B0.0% | $2.53B0.0% | $2.53B0.0% | |
| Consolidated revenue by Product | ||||||
| Other | $43.69M-1.3% | $44.25M+0.2% | $44.17M+1.2% | $43.64M-2.1% | $44.59M-0.4% | |
| Tuition, net of discounts, grants and scholarships | $1.07B-0.4% | $1.08B+0.3% | $1.07B+0.1% | $1.07B-0.2% | $1.07B+0.3% | |
| Revenue remaining performance obligation by Product | ||||||
| Learn and Earn Scholarship | $65.6M+2.2% | $64.2M— | —— | —— | —— | |
| Tuition Cap | $28.8M+8.3% | $26.6M+8.6% | $24.5M+0.4% | $24.4M+5.6% | $23.1M+2.7% | |
| Restricted cash included in other current assets by Geography | ||||||
| Australia and New Zealand | $33M-0.9% | $33.3M+2.1% | $32.6M-7.9% | $35.4M-6.8% | $38M-8.4% | |
| United States | $4.6M-25.8% | $6.2M-19.5% | $7.7M+1.3% | $7.6M0.0% | $7.6M+1.3% |
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.
