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Strategic Education, Inc.

EDGAR

STRA Quarterly report (10-Q) · filed 2026-07-29

Annual consolidated revenue for 2025: about USD 1.268B, using the latest reported figures. The previous period, 2024, was about USD 1.22B.

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Watchlist

Latest quarter

Revenue

337 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 337264000 USD Source

Operating margin

14.97%

2026 Q2 · %

Exact inputs and evidence

Operating Income: 50480000 USD Source
Revenue: 337264000 USD Source

Operating cash flow

29.2 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 116550000 USD Source
Operating Cash Flow: 87374000 USD Source

Free cash flow

15 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 116550000 USD Source
Operating Cash Flow: 87374000 USD Source
Capital Expenditure: 24198000 USD Source
Capital Expenditure: 10066000 USD Source

Cash and cash equivalents: 124 million USD 2026-06-30 Source
Exact value

123755000 USD
Long-term debt including current maturities: Not available
Shares outstanding: 22.2 million shares 2026-06-30 Source
Exact value

22208559 shares

Reported share-count change

-7.27% · -1.74 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

23948762 shares · 2025-06-30· Source
22208559 shares · 2026-06-30· Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-29.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 9 of 11 periods available· newest 2025-12-31
Operating income: 10 of 11 periods available· newest 2025-12-31
Net income: 10 of 11 periods available· newest 2025-12-31
Operating cash flow: 10 of 11 periods available· newest 2025-12-31
Capital expenditure: 10 of 11 periods available· newest 2025-12-31
Total assets: 8 of 11 periods available· newest 2025-12-31
Total liabilities: 8 of 11 periods available· newest 2025-12-31
Current assets: 8 of 11 periods available· newest 2025-12-31
Current liabilities: 8 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 8 of 11 periods available· newest 2025-12-31
long term debt: No compatible figures in this window
Shares outstanding: 8 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+4%

Prior period

USD 1.22 billion

2024-01-01 – 2024-12-31
Current period

USD 1.27 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

1268220000 − 1219930000 = 48290000 USD

1219930000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
1268220000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Year-over-year change in Revenue: 48290000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 1268220000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1403999 Filing: 000101393426000006 Input fundies:Revenue: 1219930000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1403022 Filing: 000101393426000006
The citation records this snapshot. The page link may show a newer release later.
Net income
+12.4%

Prior period

USD 112.68 million

2024-01-01 – 2024-12-31
Current period

USD 126.61 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

126614000 − 112684000 = 13930000 USD

112684000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
126614000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Year-over-year change in Net income: 13930000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 126614000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1194541 Filing: 000101393426000006 Input fundies:NetIncome: 112684000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1193772 Filing: 000101393426000006
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+17%

Prior period

USD 169.33 million

2024-01-01 – 2024-12-31
Current period

USD 198.2 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

198198000 − 169331000 = 28867000 USD

169331000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
198198000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Year-over-year change in Operating cash flow: 28867000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 198198000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1225594 Filing: 000101393426000006 Input fundies:OperatingCashFlow: 169331000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1224940 Filing: 000101393426000006
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+9%

Prior period

USD 40.58 million

2024-01-01 – 2024-12-31
Current period

USD 44.25 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

44252000 − 40580000 = 3672000 USD

40580000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
44252000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Year-over-year change in Capital expenditure: 3672000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 44252000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228713 Filing: 000101393426000006 Input fundies:CapitalExpenditure: 40580000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228122 Filing: 000101393426000006
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 1.27 billion 100% of revenue
Operating costs Derived USD 1.09 billion 86% of revenue
Operating income USD 174.23 million 14% of revenue
Tax, interest and other Derived USD 47.62 million 3.8% of revenue
Net income USD 126.61 million 10% of revenue

Cash

Operating cash flow USD 198.2 million 16% of revenue
Capital expenditure USD 44.25 million 3.5% of revenue
Free cash flow Derived USD 153.95 million 12% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2017 89%
2018 Operating loss: operating costs were 104% of revenue.
2019 89%
2020 89%
2021 93%
2022 93%
2023 92%
2024 9.2%87%
2025 10%86%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2017 2017-01-01 – 2017-12-31	454851000	402642000 Derived	52209000	31597000 Derived	20612000	38106000 Derived	Source 2017-01-01 – 2017-12-31: 454851000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 52209000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 20612000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 56157000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 18051000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	634185000	656925000 Derived	-22740000	-7069000 Derived	-15671000	19320000 Derived	Source 2018-01-01 – 2018-12-31: 634185000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -22740000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -15671000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 46867000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 27547000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	997137000	886605000 Derived	110532000	29394000 Derived	81138000	163457000 Derived	Source 2019-01-01 – 2019-12-31: 997137000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 110532000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 81138000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 202146000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 38689000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	1027653000	918269000 Derived	109384000	23116000 Derived	86268000	96093000 Derived	Source 2020-01-01 – 2020-12-31: 1027653000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: 109384000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 86268000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 142905000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 46812000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	1131686000	1057774000 Derived	73912000	18825000 Derived	55087000	131094000 Derived	Source 2021-01-01 – 2021-12-31: 1131686000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 73912000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 55087000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 180527000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 49433000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	1065480000	994720000 Derived	70760000	24090000 Derived	46670000	82882000 Derived	Source 2022-01-01 – 2022-12-31: 1065480000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 70760000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 46670000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 126052000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 43170000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	1132924000	1037603000 Derived	95321000	25530000 Derived	69791000	80176000 Derived	Source 2023-01-01 – 2023-12-31: 1132924000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 95321000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 69791000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 117119000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 36943000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	1219930000	1064302000 Derived	155628000	42944000 Derived	112684000	128751000 Derived	Source 2024-01-01 – 2024-12-31: 1219930000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 155628000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 112684000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 169331000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 40580000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	1268220000	1093989000 Derived	174231000	47617000 Derived	126614000	153946000 Derived	Source 2025-01-01 – 2025-12-31: 1268220000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 174231000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 126614000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 198198000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 44252000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.3B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-31	Revenue	454851000	Revenue: 454851000 Open source
20182018-12-31	Revenue	634185000	Revenue: 634185000 Open source
20192019-12-31	Revenue	997137000	Revenue: 997137000 Open source
20202020-12-31	Revenue	1027653000	Revenue: 1027653000 Open source
20212021-12-31	Revenue	1131686000	Revenue: 1131686000 Open source
20222022-12-31	Revenue	1065480000	Revenue: 1065480000 Open source
20232023-12-31	Revenue	1132924000	Revenue: 1132924000 Open source
20242024-12-31	Revenue	1219930000	Revenue: 1219930000 Open source
20252025-12-31	Revenue	1268220000	Revenue: 1268220000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

4% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20172017-12-31	Year over year	No prior comparable period	Revenue: 454851000 Open source
20182018-12-31	Year over year	39.4%	Revenue: 634185000 Open source Revenue: 454851000 Open source
20192019-12-31	Year over year	57.2%	Revenue: 997137000 Open source Revenue: 634185000 Open source
20202020-12-31	Year over year	3.1%	Revenue: 1027653000 Open source Revenue: 997137000 Open source
20212021-12-31	Year over year	10.1%	Revenue: 1131686000 Open source Revenue: 1027653000 Open source
20222022-12-31	Year over year	-5.9%	Revenue: 1065480000 Open source Revenue: 1131686000 Open source
20232023-12-31	Year over year	6.3%	Revenue: 1132924000 Open source Revenue: 1065480000 Open source
20242024-12-31	Year over year	7.7%	Revenue: 1219930000 Open source Revenue: 1132924000 Open source
20252025-12-31	Year over year	4%	Revenue: 1268220000 Open source Revenue: 1219930000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 13.7% 2025

Net margin 10% 2025

Free cash flow margin 12.1% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20172017-12-31	Operating margin	11.5%	Operating Income: 52209000 Open source Revenue: 454851000 Open source
20182018-12-31	Operating margin	-3.6%	Operating Income: -22740000 Open source Revenue: 634185000 Open source
20192019-12-31	Operating margin	11.1%	Operating Income: 110532000 Open source Revenue: 997137000 Open source
20202020-12-31	Operating margin	10.6%	Operating Income: 109384000 Open source Revenue: 1027653000 Open source
20212021-12-31	Operating margin	6.5%	Operating Income: 73912000 Open source Revenue: 1131686000 Open source
20222022-12-31	Operating margin	6.6%	Operating Income: 70760000 Open source Revenue: 1065480000 Open source
20232023-12-31	Operating margin	8.4%	Operating Income: 95321000 Open source Revenue: 1132924000 Open source
20242024-12-31	Operating margin	12.8%	Operating Income: 155628000 Open source Revenue: 1219930000 Open source
20252025-12-31	Operating margin	13.7%	Operating Income: 174231000 Open source Revenue: 1268220000 Open source
20172017-12-31	Net margin	4.5%	Net Income: 20612000 Open source Revenue: 454851000 Open source
20182018-12-31	Net margin	-2.5%	Net Income: -15671000 Open source Revenue: 634185000 Open source
20192019-12-31	Net margin	8.1%	Net Income: 81138000 Open source Revenue: 997137000 Open source
20202020-12-31	Net margin	8.4%	Net Income: 86268000 Open source Revenue: 1027653000 Open source
20212021-12-31	Net margin	4.9%	Net Income: 55087000 Open source Revenue: 1131686000 Open source
20222022-12-31	Net margin	4.4%	Net Income: 46670000 Open source Revenue: 1065480000 Open source
20232023-12-31	Net margin	6.2%	Net Income: 69791000 Open source Revenue: 1132924000 Open source
20242024-12-31	Net margin	9.2%	Net Income: 112684000 Open source Revenue: 1219930000 Open source
20252025-12-31	Net margin	10%	Net Income: 126614000 Open source Revenue: 1268220000 Open source
20172017-12-31	Free cash flow margin	8.4%	Revenue: 454851000 Open source Operating Cash Flow: 56157000 Open source Capital Expenditure: 18051000 Open source
20182018-12-31	Free cash flow margin	3%	Revenue: 634185000 Open source Operating Cash Flow: 46867000 Open source Capital Expenditure: 27547000 Open source
20192019-12-31	Free cash flow margin	16.4%	Revenue: 997137000 Open source Operating Cash Flow: 202146000 Open source Capital Expenditure: 38689000 Open source
20202020-12-31	Free cash flow margin	9.4%	Revenue: 1027653000 Open source Operating Cash Flow: 142905000 Open source Capital Expenditure: 46812000 Open source
20212021-12-31	Free cash flow margin	11.6%	Revenue: 1131686000 Open source Operating Cash Flow: 180527000 Open source Capital Expenditure: 49433000 Open source
20222022-12-31	Free cash flow margin	7.8%	Revenue: 1065480000 Open source Operating Cash Flow: 126052000 Open source Capital Expenditure: 43170000 Open source
20232023-12-31	Free cash flow margin	7.1%	Revenue: 1132924000 Open source Operating Cash Flow: 117119000 Open source Capital Expenditure: 36943000 Open source
20242024-12-31	Free cash flow margin	10.6%	Revenue: 1219930000 Open source Operating Cash Flow: 169331000 Open source Capital Expenditure: 40580000 Open source
20252025-12-31	Free cash flow margin	12.1%	Revenue: 1268220000 Open source Operating Cash Flow: 198198000 Open source Capital Expenditure: 44252000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 198.2M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-31	Operating cash flow	56157000	Operating Cash Flow: 56157000 Open source
20182018-12-31	Operating cash flow	46867000	Operating Cash Flow: 46867000 Open source
20192019-12-31	Operating cash flow	202146000	Operating Cash Flow: 202146000 Open source
20202020-12-31	Operating cash flow	142905000	Operating Cash Flow: 142905000 Open source
20212021-12-31	Operating cash flow	180527000	Operating Cash Flow: 180527000 Open source
20222022-12-31	Operating cash flow	126052000	Operating Cash Flow: 126052000 Open source
20232023-12-31	Operating cash flow	117119000	Operating Cash Flow: 117119000 Open source
20242024-12-31	Operating cash flow	169331000	Operating Cash Flow: 169331000 Open source
20252025-12-31	Operating cash flow	198198000	Operating Cash Flow: 198198000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 153.9M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20172017-12-31	Free cash flow	38106000	Operating Cash Flow: 56157000 Open source Capital Expenditure: 18051000 Open source
20182018-12-31	Free cash flow	19320000	Operating Cash Flow: 46867000 Open source Capital Expenditure: 27547000 Open source
20192019-12-31	Free cash flow	163457000	Operating Cash Flow: 202146000 Open source Capital Expenditure: 38689000 Open source
20202020-12-31	Free cash flow	96093000	Operating Cash Flow: 142905000 Open source Capital Expenditure: 46812000 Open source
20212021-12-31	Free cash flow	131094000	Operating Cash Flow: 180527000 Open source Capital Expenditure: 49433000 Open source
20222022-12-31	Free cash flow	82882000	Operating Cash Flow: 126052000 Open source Capital Expenditure: 43170000 Open source
20232023-12-31	Free cash flow	80176000	Operating Cash Flow: 117119000 Open source Capital Expenditure: 36943000 Open source
20242024-12-31	Free cash flow	128751000	Operating Cash Flow: 169331000 Open source Capital Expenditure: 40580000 Open source
20252025-12-31	Free cash flow	153946000	Operating Cash Flow: 198198000 Open source Capital Expenditure: 44252000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

19.2% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2017-12-31	Liabilities / assets	Not reported	No source recorded
20182018-12-31	Liabilities / assets	14.2%	Total Liabilities: 235805000 Open source Total Assets: 1661029000 Open source
20192019-12-31	Liabilities / assets	18.3%	Total Liabilities: 326698000 Open source Total Assets: 1789408000 Open source
20202020-12-31	Liabilities / assets	23.8%	Total Liabilities: 547488000 Open source Total Assets: 2295807000 Open source
20212021-12-31	Liabilities / assets	25.7%	Total Liabilities: 591890000 Open source Total Assets: 2305880000 Open source
20222022-12-31	Liabilities / assets	24.3%	Total Liabilities: 525957000 Open source Total Assets: 2161747000 Open source
20232023-12-31	Liabilities / assets	22.2%	Total Liabilities: 472695000 Open source Total Assets: 2125213000 Open source
20242024-12-31	Liabilities / assets	18.9%	Total Liabilities: 387236000 Open source Total Assets: 2049735000 Open source
20252025-12-31	Liabilities / assets	19.2%	Total Liabilities: 392134000 Open source Total Assets: 2038540000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.27× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2017-12-31	Current assets / current liabilities	Not reported	No source recorded
20182018-12-31	Current assets / current liabilities	3.36×	Current Assets: 420361000 Open source Current Liabilities: 125131000 Open source
20192019-12-31	Current assets / current liabilities	3.34×	Current Assets: 524094000 Open source Current Liabilities: 156748000 Open source
20202020-12-31	Current assets / current liabilities	1.43×	Current Assets: 286122000 Open source Current Liabilities: 200052000 Open source
20212021-12-31	Current assets / current liabilities	1.88×	Current Assets: 367786000 Open source Current Liabilities: 195755000 Open source
20222022-12-31	Current assets / current liabilities	1.57×	Current Assets: 329061000 Open source Current Liabilities: 209944000 Open source
20232023-12-31	Current assets / current liabilities	1.57×	Current Assets: 329069000 Open source Current Liabilities: 209619000 Open source
20242024-12-31	Current assets / current liabilities	1.41×	Current Assets: 304943000 Open source Current Liabilities: 216460000 Open source
20252025-12-31	Current assets / current liabilities	1.27×	Current Assets: 277857000 Open source Current Liabilities: 217943000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2015 2015-01-01 – 2015-12-31	USD 40.02 million Exact value Exact value: 40023000 USD 2015-01-01 – 2015-12-31: 40023000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2015-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 40023000 USD Concept: fundies:NetIncome Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:NetIncome: 40023000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000121390016011094/stra-20151231.xml#118219 Filing: 000121390016011094 The citation records this snapshot. The page link may show a newer release later.	USD 76.9 million Exact value Exact value: 76898000 USD 2015-01-01 – 2015-12-31: 76898000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2015-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 76898000 USD Concept: fundies:OperatingCashFlow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 76898000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000121390016011094/stra-20151231.xml#155705 Filing: 000121390016011094 The citation records this snapshot. The page link may show a newer release later.	USD 12.69 million Exact value Exact value: 12692000 USD 2015-01-01 – 2015-12-31: 12692000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2015-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 12692000 USD Concept: fundies:CapitalExpenditure Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 12692000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000121390016011094/stra-20151231.xml#156339 Filing: 000121390016011094 The citation records this snapshot. The page link may show a newer release later.	USD 64.21 million Calculation and evidence 76898000 − 12692000 USD Exact free cash flow: 64206000 USD 2015-01-01 – 2015-12-31: 76898000 USD · Inspect Operating Cash Flow · Source 2015-01-01 – 2015-12-31: 12692000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2015-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 64206000 USD Concept: free-cash-flow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 76898000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000121390016011094/stra-20151231.xml#155705 Filing: 000121390016011094 Input fundies:CapitalExpenditure: 12692000 USD (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000121390016011094/stra-20151231.xml#156339 Filing: 000121390016011094 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	USD 20.61 million Exact value Exact value: 20612000 USD 2017-01-01 – 2017-12-31: 20612000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2017-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 20612000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: 20612000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393420000004/stra-20191231x10k.htm#1357832 Filing: 000101393420000004 The citation records this snapshot. The page link may show a newer release later.	USD 56.16 million Exact value Exact value: 56157000 USD 2017-01-01 – 2017-12-31: 56157000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2017-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 56157000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 56157000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393420000004/stra-20191231x10k.htm#1502428 Filing: 000101393420000004 The citation records this snapshot. The page link may show a newer release later.	USD 18.05 million Exact value Exact value: 18051000 USD 2017-01-01 – 2017-12-31: 18051000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2017-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 18051000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 18051000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393420000004/stra-20191231x10k.htm#1511261 Filing: 000101393420000004 The citation records this snapshot. The page link may show a newer release later.	USD 38.11 million Calculation and evidence 56157000 − 18051000 USD Exact free cash flow: 38106000 USD 2017-01-01 – 2017-12-31: 56157000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 18051000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2017-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 38106000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 56157000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393420000004/stra-20191231x10k.htm#1502428 Filing: 000101393420000004 Input fundies:CapitalExpenditure: 18051000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393420000004/stra-20191231x10k.htm#1511261 Filing: 000101393420000004 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−USD 15.67 million Exact value Exact value: -15671000 USD 2018-01-01 – 2018-12-31: -15671000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2018-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: -15671000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -15671000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393421000005/stra-20201231.htm#1409250 Filing: 000101393421000005 The citation records this snapshot. The page link may show a newer release later.	USD 46.87 million Exact value Exact value: 46867000 USD 2018-01-01 – 2018-12-31: 46867000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2018-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 46867000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 46867000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393421000005/stra-20201231.htm#1454995 Filing: 000101393421000005 The citation records this snapshot. The page link may show a newer release later.	USD 27.55 million Exact value Exact value: 27547000 USD 2018-01-01 – 2018-12-31: 27547000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2018-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 27547000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 27547000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393421000005/stra-20201231.htm#1462662 Filing: 000101393421000005 The citation records this snapshot. The page link may show a newer release later.	USD 19.32 million Calculation and evidence 46867000 − 27547000 USD Exact free cash flow: 19320000 USD 2018-01-01 – 2018-12-31: 46867000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 27547000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2018-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 19320000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 46867000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393421000005/stra-20201231.htm#1454995 Filing: 000101393421000005 Input fundies:CapitalExpenditure: 27547000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393421000005/stra-20201231.htm#1462662 Filing: 000101393421000005 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	USD 81.14 million Exact value Exact value: 81138000 USD 2019-01-01 – 2019-12-31: 81138000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2019-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 81138000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 81138000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393422000004/stra-20211231.htm#1295368 Filing: 000101393422000004 The citation records this snapshot. The page link may show a newer release later.	USD 202.15 million Exact value Exact value: 202146000 USD 2019-01-01 – 2019-12-31: 202146000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2019-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 202146000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 202146000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393422000004/stra-20211231.htm#1344479 Filing: 000101393422000004 The citation records this snapshot. The page link may show a newer release later.	USD 38.69 million Exact value Exact value: 38689000 USD 2019-01-01 – 2019-12-31: 38689000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2019-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 38689000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 38689000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393422000004/stra-20211231.htm#1352175 Filing: 000101393422000004 The citation records this snapshot. The page link may show a newer release later.	USD 163.46 million Calculation and evidence 202146000 − 38689000 USD Exact free cash flow: 163457000 USD 2019-01-01 – 2019-12-31: 202146000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 38689000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2019-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 163457000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 202146000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393422000004/stra-20211231.htm#1344479 Filing: 000101393422000004 Input fundies:CapitalExpenditure: 38689000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393422000004/stra-20211231.htm#1352175 Filing: 000101393422000004 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	USD 86.27 million Exact value Exact value: 86268000 USD 2020-01-01 – 2020-12-31: 86268000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2020-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 86268000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: 86268000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393423000004/stra-20221231.htm#1343729 Filing: 000101393423000004 The citation records this snapshot. The page link may show a newer release later.	USD 142.91 million Exact value Exact value: 142905000 USD 2020-01-01 – 2020-12-31: 142905000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2020-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 142905000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 142905000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393423000004/stra-20221231.htm#1392905 Filing: 000101393423000004 The citation records this snapshot. The page link may show a newer release later.	USD 46.81 million Exact value Exact value: 46812000 USD 2020-01-01 – 2020-12-31: 46812000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2020-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 46812000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 46812000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393423000004/stra-20221231.htm#1400569 Filing: 000101393423000004 The citation records this snapshot. The page link may show a newer release later.	USD 96.09 million Calculation and evidence 142905000 − 46812000 USD Exact free cash flow: 96093000 USD 2020-01-01 – 2020-12-31: 142905000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 46812000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2020-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 96093000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 142905000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393423000004/stra-20221231.htm#1392905 Filing: 000101393423000004 Input fundies:CapitalExpenditure: 46812000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393423000004/stra-20221231.htm#1400569 Filing: 000101393423000004 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	USD 55.09 million Exact value Exact value: 55087000 USD 2021-01-01 – 2021-12-31: 55087000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2021-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 55087000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 55087000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393424000004/stra-20231231.htm#1218149 Filing: 000101393424000004 The citation records this snapshot. The page link may show a newer release later.	USD 180.53 million Exact value Exact value: 180527000 USD 2021-01-01 – 2021-12-31: 180527000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2021-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 180527000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 180527000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393424000004/stra-20231231.htm#1249638 Filing: 000101393424000004 The citation records this snapshot. The page link may show a newer release later.	USD 49.43 million Exact value Exact value: 49433000 USD 2021-01-01 – 2021-12-31: 49433000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2021-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 49433000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 49433000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393424000004/stra-20231231.htm#1252909 Filing: 000101393424000004 The citation records this snapshot. The page link may show a newer release later.	USD 131.09 million Calculation and evidence 180527000 − 49433000 USD Exact free cash flow: 131094000 USD 2021-01-01 – 2021-12-31: 180527000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 49433000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2021-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 131094000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 180527000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393424000004/stra-20231231.htm#1249638 Filing: 000101393424000004 Input fundies:CapitalExpenditure: 49433000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393424000004/stra-20231231.htm#1252909 Filing: 000101393424000004 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	USD 46.67 million Exact value Exact value: 46670000 USD 2022-01-01 – 2022-12-31: 46670000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2022-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 46670000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 46670000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393425000007/stra-20241231.htm#1228838 Filing: 000101393425000007 The citation records this snapshot. The page link may show a newer release later.	USD 126.05 million Exact value Exact value: 126052000 USD 2022-01-01 – 2022-12-31: 126052000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2022-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 126052000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 126052000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393425000007/stra-20241231.htm#1260475 Filing: 000101393425000007 The citation records this snapshot. The page link may show a newer release later.	USD 43.17 million Exact value Exact value: 43170000 USD 2022-01-01 – 2022-12-31: 43170000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2022-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 43170000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 43170000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393425000007/stra-20241231.htm#1263745 Filing: 000101393425000007 The citation records this snapshot. The page link may show a newer release later.	USD 82.88 million Calculation and evidence 126052000 − 43170000 USD Exact free cash flow: 82882000 USD 2022-01-01 – 2022-12-31: 126052000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 43170000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2022-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 82882000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 126052000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393425000007/stra-20241231.htm#1260475 Filing: 000101393425000007 Input fundies:CapitalExpenditure: 43170000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393425000007/stra-20241231.htm#1263745 Filing: 000101393425000007 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	USD 69.79 million Exact value Exact value: 69791000 USD 2023-01-01 – 2023-12-31: 69791000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2023-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 69791000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 69791000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1193004 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 117.12 million Exact value Exact value: 117119000 USD 2023-01-01 – 2023-12-31: 117119000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2023-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 117119000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 117119000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1224286 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 36.94 million Exact value Exact value: 36943000 USD 2023-01-01 – 2023-12-31: 36943000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2023-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 36943000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 36943000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1227531 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 80.18 million Calculation and evidence 117119000 − 36943000 USD Exact free cash flow: 80176000 USD 2023-01-01 – 2023-12-31: 117119000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 36943000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2023-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 80176000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 117119000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1224286 Filing: 000101393426000006 Input fundies:CapitalExpenditure: 36943000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1227531 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	USD 112.68 million Exact value Exact value: 112684000 USD 2024-01-01 – 2024-12-31: 112684000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2024-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 112684000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 112684000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1193772 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 169.33 million Exact value Exact value: 169331000 USD 2024-01-01 – 2024-12-31: 169331000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2024-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 169331000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 169331000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1224940 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 40.58 million Exact value Exact value: 40580000 USD 2024-01-01 – 2024-12-31: 40580000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2024-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 40580000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 40580000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228122 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 128.75 million Calculation and evidence 169331000 − 40580000 USD Exact free cash flow: 128751000 USD 2024-01-01 – 2024-12-31: 169331000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 40580000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2024-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 128751000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 169331000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1224940 Filing: 000101393426000006 Input fundies:CapitalExpenditure: 40580000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228122 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	USD 126.61 million Exact value Exact value: 126614000 USD 2025-01-01 – 2025-12-31: 126614000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Net Income: 126614000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 126614000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1194541 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 198.2 million Exact value Exact value: 198198000 USD 2025-01-01 – 2025-12-31: 198198000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Operating Cash Flow: 198198000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 198198000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1225594 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 44.25 million Exact value Exact value: 44252000 USD 2025-01-01 – 2025-12-31: 44252000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Capital Expenditure: 44252000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 44252000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228713 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.	USD 153.95 million Calculation and evidence 198198000 − 44252000 USD Exact free cash flow: 153946000 USD 2025-01-01 – 2025-12-31: 198198000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 44252000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · Strategic Education, Inc. · 2025-12-31 Strategic Education, Inc. (edgar:1013934) Free cash flow: 153946000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:30Z Snapshot: 8584cf069903416cc41881e8af308f4ab433f886df7f9fc24a8aea8744c83009 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1013934?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 198198000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1225594 Filing: 000101393426000006 Input fundies:CapitalExpenditure: 44252000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1013934/000101393426000006/stra-20251231.htm#1228713 Filing: 000101393426000006 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

129 filings · 8,585 latest values · 8,585 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001013934, 1013934, STRA, edgar:1013934

Also known as STRATEGIC EDUCATION, INC., STRAYER EDUCATION INC, Strategic Education, Inc., Strategic Education, Inc.

Strategic Education, Inc.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation