STRANasdaqServices-Educational ServicesFiscal year ends December 31

Strategic Education, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026

$81.20−0.13 (-0.16%)

Close on Oct 19, 2026

Market cap: $1.76B
P/E (TTM): 13.5
Dividend yield: 2.96%

Strategic Education, Inc. cash flow statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Depreciation & Amortization	48	44	48	52	59	52	50	31	19	18	18	21	36	24	22	17	14	11
Stock-Based Compensation	23	26	20	22	18	15	12	16	12	11	10	9.45	9.29	5.46	13	12	11	11
Deferred Income Taxes	7.73	-0.15	-6.32	-8.67	-7.71	-13	-8.04	-16	6.43	-8.70	-4.01	-1.04	-20	-1.32	4.05	-0.04	-2.26	0.23
Other Non-Cash Items	–	–	–	–	–	–	–	–	–	–	–	–	–	-0.28	-0.28	-0.28	-0.28	–
Change in Accounts Receivable	-1.09	0.22	-13	-13	-0.20	20	1.77	7.88	-3.25	-1.45	-1.99	0.69	4.02	1.74	-3.00	-4.23	5.21	-31
Change in Accounts Payable	4.22	12	0.55	-4.34	-6.70	-23	0.25	1.14	4.47	-0.26	-0.75	6.55	-0.12	5.67	-3.36	10	5.28	2.96
Change in Unearned Revenue	6.06	-2.95	4.50	19	14	-10	7.72	-19	8.21	7.02	12	12	2.06	-15	12	1.08	-3.96	23
Operating Cash Flow	198	169	117	126	181	143	202	47	56	45	78	78	84	82	154	163	142	89
Capital Expenditures	-44	-41	-37	-43	-49	-47	-39	-28	-18	-13	-13	-6.90	-8.73	-25	-30	-46	-30	-21
Acquisitions	-0.04	-0.18	-0.53	-0.80	0	-629	0	168	0	-7.64	–	–	–	–	-7.00	–	–	–
Sale of Property, Plant & Equipment	2.20	0	5.89	6.53	8.33	0	0	–	–	–	–	–	–	–	–	–	–	–
Purchase of Investments	-28	-55	-27	0	0	-2.81	-2.66	-1.24	0	–	–	–	–	–	0.00	-0.56	-1.09	-51
Sale & Maturity of Investments	79	31	9.80	6.42	9.30	36	0	0	0	–	–	–	–	–	12	41	–	77
Investing Cash Flow	8.51	-64	-49	-31	-33	-642	-38	130	-18	-21	-13	-6.90	-8.73	-25	-25	-5.87	-32	5.16
Dividends Paid	-58	-59	-59	-59	-59	-56	-47	-28	-11	–	–	–	–	-47	-49	-45	-32	-23
Share Repurchases	-139	-12	-10.00	-40	-5.91	-0.25	0	0	–	–	–	–	-25	-25	-203	-116	-80	-109
Stock Issued	–	–	–	0	0	220	0	0	–	–	–	–	–	–	–	–	–	–
Debt Issued	–	–	–	0	0	146	0	0	–	–	–	–	–	48	100	–	–	–
Debt Repaid	–	–	–	–	–	–	–	–	–	–	-119	-3.13	-3.13	-20	-2.50	–	–	–
Taxes Paid on Share-Based Awards	–	–	–	–	–	–	–	-0.86	–	–	–	–	–	–	–	–	–	–
Financing Cash Flow	-206	-137	-114	-142	-68	279	-56	-21	-11	-1.36	-120	-3.55	-28	-67	-137	-157	-103	-132
Foreign Exchange Rate Adjustments	2.31	-3.47	-0.50	-4.09	-2.35	1.62	0	0	–	–	–	–	–	–	–	–	–	–
Net Change in Cash	2.86	-35	-46	-52	77	-218	108	156	27	22	-55	68	47	-9.62	-6.97	0.15	7.58	-39
Free Cash Flow	154	129	80	83	131	96	163	19	38	31	65	71	75	57	124	117	111	68
Income Taxes Paid	49	49	43	27	27	45	49	13	26	32	29	31	27	47	67	82	59	–
Interest Paid	–	–	–	–	–	–	–	0.40	0.40	0.30	2.40	4.40	4.60	3.80	3.10	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 14.0%
Net margin: 10.5%
Return on equity, FY2025: 7.7%

Financial strength

Current ratio: 1.10
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 46.7%

Valuation

P/E ratio: 13.5
Price to sales: 1.37
Price to book: 1.08
Dividend yield: 2.96%