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Strategic Education, Inc. STRA Tuition, net of discounts, grants and scholarships — Consolidated revenue

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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+5.8%
Enterprise value$1.84B+5.8%
P/E13.9×-1.4×
P/S1.5×0.0×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Revenues$321,471$337,264$625,061$643,192
Costs and expenses:
Instructional and support costs166,153177,872324,439332,643
General and administration106,775106,447210,371214,417
Restructuring costs2,7832,4654,6974,567
Total costs and expenses275,711286,784539,507551,627
Income from operations45,76050,48085,55491,565
Other income (expense)(315)1,3511,8962,556

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s tuition, net of discounts, grants and scholarships — consolidated revenue?
Strategic Education, Inc. (STRA) reported tuition, net of discounts, grants and scholarships — consolidated revenue of $280.75M in Q2 2026.
How has Strategic Education, Inc.'s tuition, net of discounts, grants and scholarships — consolidated revenue changed year-over-year?
Strategic Education, Inc.'s tuition, net of discounts, grants and scholarships — consolidated revenue increased by 2.3% year-over-year, from $274.56M to $280.75M.
What is the long-term trend for Strategic Education, Inc.'s tuition, net of discounts, grants and scholarships — consolidated revenue?
Over 4 years (2021 to 2025), Strategic Education, Inc.'s tuition, net of discounts, grants and scholarships — consolidated revenue has grown at a 0.8% compound annual growth rate (CAGR), from $1.04B to $1.08B.
What does tuition, net of discounts, grants and scholarships — consolidated revenue mean?
This metric represents the total revenue generated from educational services after accounting for institutional discounts, financial aid grants, and scholarships provided to students. It serves as a primary indicator of the company's ability to convert its academic offerings into realized cash flow while managing the impact of student financial support programs. By focusing on net revenue, this figure reflects the actual pricing power and enrollment health of the institution's post-secondary programs.

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