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Strategic Education, Inc. STRA Education Technology Services — D&A

Other segment segments

U.S. Higher Education
$7.2M-5.5%
Australia / New Zealand
$2.21M-11.2%

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Other financials

Income statement

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Revenue$337.3M+4.9%
Operating income$50.5M+10.3%
Net income$37.2M+14.9%
EPS (diluted)$1.71+24.8%

Balance sheet

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Cash & equivalents$132.1M-8.9%
Total debt$106.7M-11.3%
Total equity$1.6B-2.0%
Total assets$2.1B-1.1%

Cash flow

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Operating cash flow$29.2M-6.5%
CapEx$14.1M+30.5%
Free cash flow$15.0M-26.2%

Valuation

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Market cap$1.86B-0.1%
Enterprise value$1.84B-0.1%
P/E13.9×-2.3×
P/S1.5×-0.1×

Profitability

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Operating margin14%+1.3pp
Net margin10.5%+1.2pp
FCF margin13.1%+3.1pp

Returns & leverage

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Return on equity8.2%+1.3pp
Debt / equity0.1×0.0×
Current ratio1.1×-0.2×

Where this comes from

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

Tagged under the XBRL concept us-gaap:DepreciationAndAmortization.

The source filing: Strategic Education, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001013934-26-000018
Line itemFor the three months ended June 30, 2025For the three months ended June 30, 2026For the six months ended June 30, 2025For the six months ended June 30, 2026
Depreciation and amortization
U.S. Higher Education$7,625$7,204$15,250$14,319
Australia/New Zealand2,4862,2084,8244,423
Education Technology Services1,2391,4942,3532,918
Restructuring costs653289771461
Consolidated depreciation and amortization$12,003$11,195$23,198$22,121
Stock-based compensation
U.S. Higher Education$4,655$4,630$9,035$9,234

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s education technology services — D&A?
Strategic Education, Inc. (STRA) reported education technology services — D&A of $1.49M in Q2 2026.
How has Strategic Education, Inc.'s education technology services — D&A changed year-over-year?
Strategic Education, Inc.'s education technology services — D&A increased by 20.6% year-over-year, from $1.24M to $1.49M.
What is the long-term trend for Strategic Education, Inc.'s education technology services — D&A?
Over 4 years (2021 to 2025), Strategic Education, Inc.'s education technology services — D&A has grown at a 48.4% compound annual growth rate (CAGR), from $1.07M to $5.17M.
What does education technology services — D&A mean?
This represents the non-cash expense allocated to the Education Technology Services segment for the systematic write-down of tangible and intangible assets over their useful lives. It reflects the capital intensity of the segment's technology infrastructure and acquired intellectual property. Monitoring this helps investors understand the segment's ongoing reinvestment requirements to maintain its service offerings.

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