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Strategic Education, Inc. STRA Education Technology Services — Enterprise shared services allocation

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RESTechnical Service — Enterprise Shared Service Costs
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RESSupport Services — Enterprise Shared Service Costs
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NNIEducation Technology Services and Payments (ETSP) — Intersegment expenses, net
$6.03M+7.7%
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NNIEducation Technology Services and Payments (ETSP) — Cost of Services
$49.95M+4.0%
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NNIEducation Technology Services and Payments (ETSP) — Other expenses
$11.76M+30.0%
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NNIEducation technology services and payments revenue — Cost of Services
$49.95M+4.0%

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:EnterpriseSharedServicesAllocationExpense.

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

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Questions, answered.

What is Strategic Education, Inc.'s education technology services — enterprise shared services allocation?
Strategic Education, Inc. (STRA) reported education technology services — enterprise shared services allocation of $2.12M in Q1 2026.
How has Strategic Education, Inc.'s education technology services — enterprise shared services allocation changed year-over-year?
Strategic Education, Inc.'s education technology services — enterprise shared services allocation increased by 27.1% year-over-year, from $1.67M to $2.12M.
What is the long-term trend for Strategic Education, Inc.'s education technology services — enterprise shared services allocation?
Over 3 years (2022 to 2025), Strategic Education, Inc.'s education technology services — enterprise shared services allocation has grown at a 32.6% compound annual growth rate (CAGR), from $3.61M to $8.44M.
What does education technology services — enterprise shared services allocation mean?
This represents the portion of corporate-level shared services costs, such as administrative, legal, or IT support, allocated to the Education Technology Services segment. It ensures that the segment bears its fair share of the enterprise's centralized operational burden. Understanding this allocation is crucial for determining the true fully-loaded profitability of the segment.