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Strategic Education, Inc. STRA United States — Restricted cash included in other current assets

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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$1.92B+1.5%
Enterprise value$1.89B+1.5%
P/E14.3×-2.2×
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:RestrictedCashAndCashEquivalentsAtCarryingValue.

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

In the United States, a significant portion of the Company’s revenues are funded by various federal and state government programs. The Company generally does not receive funds from these programs prior to the start of the corresponding academic term. The Company may be required to return certain funds for students who withdraw from a U.S. higher education institution during the academic term. The Company had approximately $0.3 million and $0.3 million of these unpaid obligations as of December 31, 2025 and June 30, 2026, respectively. In Australia and New Zealand, advance tuition payments from international students are required to be restricted until a student commences his or her course. In addition, a portion of tuition prepayments from students enrolled in a vocational education and training program are held in trust by a third-party law firm to adhere to tuition protection requirements. As of December 31, 2025 and June 30, 2026, the Company had approximately $8.0 million and $7.5 million, respectively, of restricted cash related to these requirements in Australia and New Zealand. These balances are recorded as restricted cash and included in other current assets in the unaudited condensed consolidated balance sheets.

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s united states — restricted cash included in other current assets?
Strategic Education, Inc. (STRA) reported united states — restricted cash included in other current assets of $300K in Q2 2026.
How has Strategic Education, Inc.'s united states — restricted cash included in other current assets changed year-over-year?
Strategic Education, Inc.'s united states — restricted cash included in other current assets decreased by 85.7% year-over-year, from $2.1M to $300K.
What is the long-term trend for Strategic Education, Inc.'s united states — restricted cash included in other current assets?
Over 4 years (2021 to 2025), Strategic Education, Inc.'s united states — restricted cash included in other current assets has grown at a 19.9% compound annual growth rate (CAGR), from $3M to $6.2M.
What does united states — restricted cash included in other current assets mean?
This metric represents the portion of cash and cash equivalents within the United States segment that is legally or contractually restricted from immediate use for general operating purposes. It typically reflects funds held in escrow, collateral requirements, or regulatory reserves necessary for maintaining educational accreditation and compliance. Monitoring this balance helps investors assess the liquidity constraints and potential capital tied up in regulatory or operational obligations.

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