Q3 FY2026 · ended Sep 30, 2026 · Revenue $325.07M, +1.6% YoY · Filed Nov 5, 2026
Strategic Education, Inc. (STRA) files with the SEC under industry code 8200, Services-Educational Services. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $325.1 million and a net loss of $98.3 million. Free cash flow was $44.3 million. As of Sep 30, 2026 it held $138.6 million in cash and investments and $102.9 million in total debt.
Revenue
$325.07M
+1.6% vs year-ago quarter
Net income
$-98.31M
-469.2% vs year-ago quarter
Operating cash flow
$56.95M
-5.3% vs year-ago quarter
Free cash flow
$44.32M
-10.1% vs year-ago quarter
EPS
$-4.68
-507.0% vs year-ago quarter
Dividend per share
$0.60
+0.0% vs year-ago quarter
Shares outstanding
21.88M
-6.8% vs year-ago quarter
Net cash
$35.66M
Q3 FY2026
Operating margin
4.3%
TTM
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 Oct 8, 2026); STRAYER EDUCATION INC (until Jul 9, 2018)
Other Services-Educational Services companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $325.1M | $337.3M | $305.9M | $323.2M | $319.9M |
| Operating income | -$87.6M | $50.5M | $41.1M | $51.6M | $37.0M |
| Net income | -$98.3M | $37.2M | $32.8M | $37.9M | $26.6M |
| Diluted EPS | -$4.68 | $1.71 | $1.48 | $1.66 | $1.15 |
| Operating cash flow | $56.9M | $29.2M | $87.4M | $39.2M | $60.1M |
| Free cash flow | $44.3M | $15.0M | $77.3M | $27.0M | $49.3M |
| Total assets | $2.0B | $2.1B | $2.1B | $2.0B | $2.1B |
| Total liabilities | $449.0M | $435.3M | $443.9M | $392.1M | $455.9M |
| Stockholders' equity | $1.5B | $1.6B | $1.6B | $1.6B | $1.7B |
| Cash and investments | $138.6M | $133.8M | $162.6M | $153.1M | $182.6M |
| Total debt | $102.9M | $106.7M | $109.2M | $109.1M | $117.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Jul 29, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 10-Q | Quarterly report | Apr 23, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
Apr 23, 2026 | Apr 23, 2026 |
| ARS | Annual report to shareholders | Mar 11, 2026 | Dec 31, 2025 |
| 10-K | Annual report | Feb 27, 2026 | Dec 31, 2025 |
All 1000 Strategic Education, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.