Jun 2026 (Q2 FY26) — Jul 29, 2026
Strategic Education Q2 FY26 — Strong ETS Growth and U.S. Higher Ed Momentum
Read the full callStrategic Education (STRA) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Strategic Education earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 337 | +4.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 15.0 | +0.7 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 37.2 | +14.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$81.2 −0.16% · −$0.13
Performance +0.9% 1Y
1Y: $80.48 on 17 Oct 2025 → $81.2. High $87.62 (29 Jul 2026), low $72.19 (23 Apr 2026).
- Previous close
- $81.33
- 52-week range
- $72.19 – $87.62
- One year
- −0.15%
Overview
- Symbol
- STRA
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Strategic Education earnings calls (STRA)
Financials
What the filings say
Net profit, year on year: +15% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 306 | 311 | 304 | 321 | 320 | 323 | 306 | 337 |
| Expenses | 270 | 275 | 264 | 276 | 283 | 272 | 265 | 287 |
| Operating profit | 36 | 36 | 40 | 46 | 37 | 52 | 41 | 50 |
| Operating margin | 11.9% | 11.6% | 13.1% | 14.2% | 11.6% | 16.0% | 13.4% | 15.0% |
| Profit before tax | 39 | 38 | 42 | 45 | 37 | 53 | 42 | 52 |
| Tax rate | 28.1% | 33.1% | 29.2% | 28.9% | 27.6% | 28.7% | 22.4% | 28.3% |
| Net profit | 28 | 25 | 30 | 32 | 27 | 38 | 33 | 37 |
| EPS ($ per share) | 1.18 | — | 1.28 | 1.41 | 1.18 | — | 1.52 | 1.74 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 118 | 153 | 180 | 175 | 160 | 169 | 218 | 255 |
| Total liabilities | 236 | 327 | 547 | 592 | 526 | 473 | 387 | 392 |
| Fixed assets | 123 | 117 | 159 | 151 | 133 | 119 | 111 | 107 |
| Investments | — | — | — | — | 9 | 40 | 47 | 7 |
| Total assets | 1,661 | 1,789 | 2,296 | 2,306 | 2,162 | 2,125 | 2,050 | 2,039 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 47 | 202 | 143 | 181 | 126 | 117 | 169 | 198 |
| Cash from investing | 130 | -38 | -642 | -33 | -31 | -49 | -64 | 9 |
| Cash from financing | -21 | -56 | 279 | -68 | -142 | -114 | -137 | -206 |
| Net cash flow | 156 | 108 | -218 | 77 | -52 | -46 | -35 | 3 |
| Capital expenditure | -28 | -39 | -47 | -49 | -43 | -37 | -41 | -44 |
| Free cash flow | 19 | 163 | 96 | 131 | 83 | 80 | 129 | 154 |
Insider filings
37 filings between Dec 11, 2025 and Jun 4, 2026.
Open market
decisions to buy or sellPurchases
$106.4K
2 purchases by 2 insiders
Sales
$5.17M
11 sales by 6 insiders
82% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 18
- Award — granted as compensation
- 6
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| MCDONNELL RAYMOND KARL | — | $2.93M | Feb 24, 2026 |
| JACKSON DANIEL WAYNE | — | $1.07M | Mar 2, 2026 |
| HERRAIZ LIZETTE BENEDI | — | $845.8K | Mar 18, 2026 |
| Hokenson Christa | — | $160.0K | Jun 4, 2026 |
| GRUSKY ROBERT R | — | $112.3K | Dec 11, 2025 |
| SILBERMAN ROBERT S | $58.0K | — | Mar 13, 2026 |
| WAITE G THOMAS III | — | $51.7K | May 5, 2026 |
| Thawley Michael | $48.4K | — | Apr 24, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 4, 2026 | Hokenson Christa CHIEF HUMAN RESOURCES OFFICER | Sale 10b5-1 plan | 2,000 | $160.0K |
| May 5, 2026 | WAITE G THOMAS III Director | Sale | 666 | $51.7K |
| Apr 24, 2026 | Thawley Michael Director | Purchase | 665 | $48.4K |
| Apr 22, 2026 | WAITE G THOMAS III Director | Award | 1,436 | $0 |
| Apr 22, 2026 | DINH VIET D Director | Award | 1,436 | $0 |
| Apr 22, 2026 | DINH VIET D Director | Award | 957 | $80.0K |
| Apr 22, 2026 | Cappelli Gregory William Director | Award | 1,436 | $0 |
| Apr 22, 2026 | BROGLEY RITA D Director | Award | 1,436 | $0 |
| Apr 22, 2026 | McRobbie Michael A. Director | Award | 1,436 | $0 |
| Apr 22, 2026 | Thawley Michael Director | Award | 1,436 | $0 |
| Apr 22, 2026 | Sasse Benjamin E Director | Award | 1,436 | $0 |
| Apr 22, 2026 | Sasse Benjamin E Director | Award | 957 | $80.0K |
| Apr 22, 2026 | Slocum William J Director | Award | 1,436 | $0 |
| Apr 22, 2026 | BEASON CHARLOTTE F Director | Award | 1,436 | $0 |
| Apr 22, 2026 | GRUSKY ROBERT R Director | Award | 1,436 | $0 |
| Mar 18, 2026 | HERRAIZ LIZETTE BENEDI GENERAL COUNSEL | Sale 10b5-1 plan | 2,982 | $238.2K |
| Mar 13, 2026 | SILBERMAN ROBERT S CHAIRMAN | Purchase | 718 | $58.0K |
| Mar 13, 2026 | HERRAIZ LIZETTE BENEDI GENERAL COUNSEL | Sale 10b5-1 plan | 2,686 | $213.6K |
| Mar 13, 2026 | HERRAIZ LIZETTE BENEDI GENERAL COUNSEL | Sale 10b5-1 plan | 4,912 | $393.9K |
| Mar 2, 2026 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 5,675 | $463.8K |
| Mar 2, 2026 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 5,273 | $435.1K |
| Mar 2, 2026 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Sale 10b5-1 plan | 2,052 | $171.9K |
| Feb 26, 2026 | MCDONNELL RAYMOND KARL CHIEF EXECUTIVE OFFICER | Award 10b5-1 plan | 52,646 | $0 |
| Feb 26, 2026 | Darmon Tal CHIEF ACCOUNTING OFFICER | Award | 4,607 | $0 |
| Feb 26, 2026 | SILBERMAN ROBERT S CHAIRMAN | Award | 52,646 | $0 |
| Feb 26, 2026 | HERRAIZ LIZETTE BENEDI GENERAL COUNSEL | Award | 13,162 | $0 |
| Feb 26, 2026 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Award | 26,323 | $0 |
| Feb 26, 2026 | Hokenson Christa CHIEF HUMAN RESOURCES OFFICER | Award | 13,162 | $0 |
| Feb 24, 2026 | HERRAIZ LIZETTE BENEDI GENERAL COUNSEL | Tax withheld | 8,724 | $653.5K |
| Feb 24, 2026 | Hokenson Christa CHIEF HUMAN RESOURCES OFFICER | Tax withheld | 6,722 | $503.5K |
| Feb 24, 2026 | SILBERMAN ROBERT S CHAIRMAN | Tax withheld | 28,260 | $2.12M |
| Feb 24, 2026 | MCDONNELL RAYMOND KARL CHIEF EXECUTIVE OFFICER | Tax withheld 10b5-1 plan | 28,293 | $2.12M |
| Feb 24, 2026 | MCDONNELL RAYMOND KARL CHIEF EXECUTIVE OFFICER | Sale 10b5-1 plan | 18,052 | $1.36M |
| Feb 24, 2026 | MCDONNELL RAYMOND KARL CHIEF EXECUTIVE OFFICER | Sale 10b5-1 plan | 20,788 | $1.57M |
| Feb 24, 2026 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Tax withheld | 17,363 | $1.30M |
| Feb 24, 2026 | Darmon Tal CHIEF ACCOUNTING OFFICER | Tax withheld | 4,784 | $358.4K |
| Dec 11, 2025 | GRUSKY ROBERT R Director | Sale | 1,403 | $112.3K |
| Aug 29, 2025 | JACKSON DANIEL WAYNE CHIEF FINANCIAL OFFICER | Purchase | 1,900 | $154.8K |
| Aug 26, 2025 | WAITE G THOMAS III Director | Sale | 700 | $57.2K |
| Apr 25, 2025 | GRUSKY ROBERT R Director | Sale | 1,494 | $119.9K |
| Apr 23, 2025 | BEASON CHARLOTTE F Director | Award | 1,498 | $0 |
| Apr 23, 2025 | BROGLEY RITA D Director | Award | 1,498 | $0 |
| Apr 23, 2025 | Cappelli Gregory William Director | Award | 1,498 | $0 |
| Apr 23, 2025 | DINH VIET D Director | Award | 999 | $80.1K |
| Apr 23, 2025 | GRUSKY ROBERT R Director | Award | 1,498 | $0 |
| Apr 23, 2025 | Johnson Jerry Lavell Director | Award | 1,498 | $0 |
| Apr 23, 2025 | McRobbie Michael A. Director | Award | 1,498 | $0 |
| Apr 23, 2025 | Sasse Benjamin E Director | Award | 1,498 | $0 |
| Apr 23, 2025 | Slocum William J Director | Award | 1,498 | $0 |
| Apr 23, 2025 | Thawley Michael Director | Award | 1,498 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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