Strategic Education, Inc. revenue by segment STRA

Strategic Education, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was US Higher Education at $213.7 million, 66% of the total. By sales mix, the largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Tuition Grants And Scholarship at $200.2 million, 62% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
1,291
325
337
306
323
320
321
304
311
Operating segments
US Higher Education
865
+0.1%
share 67.0%
214
+0.3%
share 65.7%
221
+2.3%
share 65.4%
213
-3.8%
share 69.5%
219
+2.0%
share 67.6%
213
share 66.6%
216
share 67.1%
221
share 72.8%
214
share 68.8%
Australia New Zealand
260
+3.0%
share 20.2%
69
-0.0%
share 21.1%
74
+7.6%
share 22.1%
—
66
-1.6%
share 20.3%
69
share 21.4%
69
share 21.5%
48
share 15.9%
67
share 21.4%
Education Technology Services
166
+18.6%
share 12.8%
43
+11.9%
share 13.2%
42
+15.4%
share 12.6%
42
+21.0%
share 13.6%
39
+28.3%
share 12.1%
38
share 12.0%
37
share 11.4%
34
share 11.3%
30
share 9.8%
Sales mix
Tuition Grants And Scholarship
819
-1.0%
share 63.4%
200
-1.5%
share 61.6%
207
+0.3%
share 61.5%
203
-4.2%
share 66.3%
208
+1.7%
share 64.4%
203
share 63.5%
207
share 64.3%
212
share 69.7%
205
share 65.7%
Australia New Zealand
260
+3.0%
share 20.2%
69
-0.0%
share 21.1%
74
+7.6%
share 22.1%
—
66
-1.6%
share 20.3%
69
share 21.4%
69
share 21.5%
48
share 15.9%
67
share 21.4%
Education Technology Services
166
+18.6%
share 12.8%
43
+11.9%
share 13.2%
42
+15.4%
share 12.6%
42
+21.0%
share 13.6%
39
+28.3%
share 12.1%
38
share 12.0%
37
share 11.4%
34
share 11.3%
30
share 9.8%
Other services
47
+24.3%
share 3.6%
13
+38.0%
share 4.1%
13
+47.8%
share 3.9%
10
+5.6%
share 3.2%
10
+6.8%
share 3.2%
10
share 3.0%
9
share 2.8%
9
share 3.1%
10
share 3.1%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.