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Strategic Education, Inc. STRA Total costs & expenses

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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:CostsAndExpenses.

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
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
Income before income taxes45,44551,83187,45094,121
Provision for income taxes13,11414,67225,37524,153

Item 1. Financial Statements

FAQ

What is Strategic Education, Inc.'s total costs & expenses?
Strategic Education, Inc. (STRA) reported total costs & expenses of $286.78M in Q2 2026.
How has Strategic Education, Inc.'s total costs & expenses changed year-over-year?
Strategic Education, Inc.'s total costs & expenses increased by 4.0% year-over-year, from $275.71M to $286.78M.
What is the long-term trend for Strategic Education, Inc.'s total costs & expenses?
Over 4 years (2021 to 2025), Strategic Education, Inc.'s total costs & expenses has grown at a 0.8% compound annual growth rate (CAGR), from $1.06B to $1.09B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs recognized during a reporting period, including cost of revenue, selling, general, and administrative expenses, and other operational outlays. It serves as a comprehensive measure of the resources consumed to generate revenue and maintain business operations. Analyzing this figure helps investors evaluate the company's overall cost structure and operational efficiency.

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