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

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PRDOTuition And Fees Net — Revenue
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LAURLess: Discounts / waivers / scholarships — Revenue
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LAURTuition — Percent of net revenues
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LAURTuition and educational services — Percent of net revenues
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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%
Enterprise value$1.69B-10.3%
P/E13.5×-3.6×
P/S1.4×-0.2×

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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 tuition, net of discounts, grants and scholarships — consolidated revenue?
Strategic Education, Inc. (STRA) reported tuition, net of discounts, grants and scholarships — consolidated revenue of $253.9M in Q1 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 decreased by 1.7% year-over-year, from $258.19M to $253.9M.
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.