Strategic Education, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | $1.1B | $1.1B |
| Operating income | $174.2M | $155.6M | $95.3M | $70.8M | $73.9M |
| Cash from operations | $198.2M | $169.3M | $117.1M | $126.1M | $180.5M |
| Capital expenditure | $44.3M | $40.6M | $36.9M | $43.2M | $49.4M |
| Free cash flow | $153.9M | $128.8M | $80.2M | $82.9M | $131.1M |
| Share repurchases | $138.9M | $11.5M | $10.0M | $40.1M | $5.9M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $2.0B | $2.0B | $2.1B | $2.2B | $2.3B |
| Total liabilities | $392.1M | $387.2M | $472.7M | $526.0M | $591.9M |
Shares outstanding 22.6M · Free float 90.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.