Strategic Education, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was US Higher Education at $868.2 million, 68% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Tuition Grants And Scholarship at $830.1 million, 65% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1,291
|
1,268
|
1,220
|
1,133
|
1,065
|
1,132
|
1,028
|
997
|
634
|
—
|
—
|
| Operating segments | |||||||||||
| US Higher Education |
865
+0.1%
share 67.0%
|
868
+1.2%
share 68.5%
|
858
+4.8%
share 70.3%
|
819
+6.2%
share 72.3%
|
771
-7.0%
share 72.4%
|
829
-14.2%
share 73.3%
|
967
+0.4%
share 94.1%
|
963
share 96.6%
|
—
|
—
|
—
|
| Australia New Zealand |
260
+3.0%
share 20.2%
|
252
-2.2%
share 19.8%
|
257
+10.1%
share 21.1%
|
234
+1.2%
share 20.6%
|
231
-7.7%
share 21.7%
|
250
+969.8%
share 22.1%
|
23
share 2.3%
|
—
|
—
|
—
|
—
|
| Education Technology Services |
166
+18.6%
share 12.8%
|
148
+41.4%
share 11.7%
|
105
+30.4%
share 8.6%
|
80
+26.2%
share 7.1%
|
64
+21.9%
share 6.0%
|
52
+38.7%
share 4.6%
|
38
+10.6%
share 3.7%
|
34
share 3.4%
|
—
|
—
|
—
|
| Sales mix | |||||||||||
| Tuition Grants And Scholarship |
819
-1.0%
share 63.4%
|
830
+1.1%
share 65.5%
|
821
+4.7%
share 67.3%
|
784
+6.2%
share 69.2%
|
738
-7.2%
share 69.3%
|
795
-14.3%
share 70.3%
|
928
+0.5%
share 90.3%
|
924
+104.5%
share 92.6%
|
452
+4.1%
share 71.2%
|
434
|
—
|
| Australia New Zealand |
260
+3.0%
share 20.2%
|
252
-2.2%
share 19.8%
|
257
+10.1%
share 21.1%
|
234
+1.2%
share 20.6%
|
231
-7.7%
share 21.7%
|
250
+969.8%
share 22.1%
|
23
share 2.3%
|
—
|
—
|
—
|
—
|
| Education Technology Services |
166
+18.6%
share 12.8%
|
148
+41.4%
share 11.7%
|
105
+30.4%
share 8.6%
|
80
+26.2%
share 7.1%
|
64
+21.9%
share 6.0%
|
52
+38.7%
share 4.6%
|
38
+10.6%
share 3.7%
|
34
share 3.4%
|
—
|
—
|
—
|
| Other services |
47
+24.3%
share 3.6%
|
38
+3.2%
share 3.0%
|
37
+6.0%
share 3.0%
|
35
+5.9%
share 3.1%
|
33
-3.2%
share 3.1%
|
34
-10.8%
share 3.0%
|
38
-3.6%
share 3.7%
|
40
+103.1%
share 4.0%
|
19
+24.7%
share 3.1%
|
16
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Services-Educational Services (SIC 8200)
- Listed as
- STRA (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- MD
- Headquarters
- Herndon, VA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1013934
- Former names
- Strategic Education, Inc. (until Nov 5, 2026); STRAYER EDUCATION INC (until Jul 9, 2018)
Other Services-Educational Services companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.