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-1.1% | $251.58M-2.2% | $252.66M-0.4% | $256.02M+4.5% | $258M+7.8% | |
| Education Technology Services | $155.59M+34.6% | $148.4M+41.4% | $139.77M+45.1% | $127.77M+40.6% | $115.6M+34.6% | |
| U.S. Higher Education | $859.82M0.0% | $868.24M+1.2% | $864.04M+0.3% | $858.68M+0.4% | $859.66M+2.2% | |
| Consolidated income from operations by Business | ||||||
| Australia / New Zealand | $35.54M-5.4% | $35.45M-5.2% | $33.89M-18.4% | $36.25M-10.6% | $37.55M-7.9% | |
| Education Technology Services | $64.66M+39.1% | $58.81M+37.7% | $56.63M+42.6% | $51.47M+38.2% | $46.48M+39.2% | |
| U.S. Higher Education | $97.42M+23.1% | $101.87M+32.0% | $91.45M-0.8% | $80.04M-12.2% | $79.11M+1.4% | |
| Direct segment expenses by Business | ||||||
| Australia / New Zealand | $197.28M-1.8% | $194.21M-3.3% | $197.5M+1.4% | $199.24M+6.5% | $200.82M+11.9% | |
| Education Technology Services | $82.05M+27.6% | $81.15M+40.1% | $77.12M+47.6% | $70.76M+42.8% | $64.29M+34.2% | |
| U.S. Higher Education | $703.45M-2.2% | $707.37M-1.6% | $712.06M-0.4% | $716.91M+1.1% | $719.06M+2.3% | |
| Stock-based compensation expense included in operating expense by Business | ||||||
| Australia / New Zealand | $1.47M-57.0% | $1.58M-60.0% | $2.3M-18.9% | $2.9M+65.7% | $3.41M+323% | |
| Education Technology Services | $2.57M+17.7% | $2.75M+41.7% | $2.67M+48.7% | $2.45M+41.6% | $2.18M+29.3% | |
| U.S. Higher Education | $18.62M-6.0% | $18.4M-4.9% | $18.74M+0.3% | $19.35M+8.4% | $19.81M+15.5% | |
| Enterprise shared services allocation by Business | ||||||
| Australia / New Zealand | $22.32M+13.7% | $21.92M+15.7% | $21.28M+15.4% | $20.53M+11.5% | $19.63M+6.3% | |
| Education Technology Services | $8.89M+83.7% | $8.44M+96.4% | $6.01M+44.6% | $5.54M+32.7% | $4.84M+15.6% | |
| U.S. Higher Education | $58.95M-4.1% | $58.99M-4.1% | $60.54M+2.6% | $61.73M+5.6% | $61.5M+6.5% | |
| Currency translation adjustments by Business | ||||||
| Australia / New Zealand | $45.85M— | $35.53M— | -$23.53M— | -$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+6.1% | $9.63M+6.2% | $9.34M+1.7% | $8.88M-6.4% | $8.96M-2.2% | |
| Education Technology Services | $5.48M+44.7% | $5.17M+49.0% | $4.68M+50.4% | $4.23M+48.1% | $3.79M+40.8% | |
| U.S. Higher Education | $30.22M-3.9% | $30.73M-2.9% | $29.75M-7.1% | $31.29M-3.6% | $31.46M-4.9% | |
| 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+2.4% | $1.99B-0.9% | $1.96B-4.8% | $1.98B-2.1% | $1.99B-1.5% | |
| 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-2.0% | $44.25M-1.1% | $44.17M-2.2% | $43.64M-2.9% | $44.59M+1.8% | |
| Tuition, net of discounts, grants and scholarships | $1.07B-0.2% | $1.08B+0.5% | $1.07B+0.3% | $1.07B+1.5% | $1.07B+3.5% | |
| Revenue remaining performance obligation by Product | ||||||
| Learn and Earn Scholarship | $65.6M— | $64.2M— | —— | —— | —— | |
| Tuition Cap | $28.8M+24.7% | $26.6M+18.2% | $24.5M+11.9% | $24.4M— | $23.1M— | |
| Restricted cash included in other current assets by Geography | ||||||
| Australia and New Zealand | $33M-13.2% | $33.3M-19.8% | $32.6M-28.0% | $35.4M-24.8% | $38M-24.8% | |
| United States | $4.6M-39.5% | $6.2M-17.3% | $7.7M+2.7% | $7.6M-2.6% | $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.