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Strategic Education, Inc. STRA Education Technology Services — Goodwill

Other segment segments

U.S. Higher Education
$632.08M0.0%
Australia / New Zealand
$526.46M+5.5%

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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:Goodwill.

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 itemU.S. Higher EducationAustralia / New ZealandEducation Technology ServicesTotal
Balance as of December 31, 2024$632,075$474,808$100,000$1,206,883
Additions
Impairments
Currency translation adjustments24,22224,222
Balance as of June 30, 2025$632,075$499,030$100,000$1,231,105

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s education technology services — goodwill?
Strategic Education, Inc. (STRA) reported education technology services — goodwill of $100M in Q2 2026.
How has Strategic Education, Inc.'s education technology services — goodwill changed year-over-year?
Strategic Education, Inc.'s education technology services — goodwill decreased by 0.0% year-over-year, from $100M to $100M.
What is the long-term trend for Strategic Education, Inc.'s education technology services — goodwill?
Over 3 years (2022 to 2025), Strategic Education, Inc.'s education technology services — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $400M to $400M.
What does education technology services — goodwill mean?
This represents the carrying value of goodwill associated with the Education Technology Services segment, resulting from past business acquisitions. It reflects the premium paid over the fair value of net identifiable assets, representing intangible synergies and market presence. Monitoring this balance is essential for assessing the long-term value of historical strategic investments.

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