Strategic Education (STRA) Change in Receivables (2009 - 2026)
Strategic Education (STRA) reported Change in Receivables of $8.0 million for Q1 2026, down 40.04% on a YoY basis from $13.4 million in Q1 2025, and up 122.38% quarter-over-quarter from -$35.9 million in Q4 2025.
Strategic Education (STRA) Change in Receivables (2009 - 2026) Analysis & Trends
Strategic Education has reported Change in Receivables for 18 years, with the latest figure at $8.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Receivables fell 40.04% year-over-year to $8.0 million; the trailing twelve-month figure through Mar 2026 stood at -$4.3 million (down 171.46% YoY), and the FY2025 full-year result was $1.1 million, up 591.4% from the prior year.
- Change in Receivables for Q1 2026 stood at $8.0 million, up from -$35.9 million in the prior quarter.
- The five-year high for Change in Receivables was $16.5 million in Q3 2025, with the low at -$35.9 million in Q4 2025.
- Historically, Change in Receivables has averaged $2.0 million across 5 years, with a median of $8.2 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Receivables jumped 89.84% — and 2024, when it slumped 43.51%.
- Strategic Education's Change in Receivables stood at -$20.8 million in 2022, then slipped by 7.11% to -$22.2 million in 2023, then decreased by 26.22% to -$28.1 million in 2024, then slipped by 27.73% to -$35.9 million in 2025, then jumped by 122.38% to $8.0 million in 2026.
- The last three Change in Receivables figures came in at $8.0 million (Q1 2026), -$35.9 million (Q4 2025), and $16.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | - |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -71.82 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | -48.47 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 29.55 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | -11.73 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 28.97 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 123.54 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 6.94 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | - |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 8.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.03 Mn |
| Mar 31, 2026 | 8.03 Mn |
| Dec 31, 2025 | -35.85 Mn |
| Dec 31, 2025 | -35.85 Mn |
| Sep 30, 2025 | 16.54 Mn |
| Sep 30, 2025 | 16.54 Mn |
| Jun 30, 2025 | 7.01 Mn |
| Jun 30, 2025 | 7.01 Mn |
| Mar 31, 2025 | 13.39 Mn |
| Mar 31, 2025 | 13.39 Mn |
| Dec 31, 2024 | -28.07 Mn |
| Dec 31, 2024 | -28.07 Mn |
| Sep 30, 2024 | 14.60 Mn |
| Sep 30, 2024 | 14.60 Mn |
| Jun 30, 2024 | 6.06 Mn |
| Jun 30, 2024 | 6.06 Mn |
| Mar 31, 2024 | 7.18 Mn |
| Mar 31, 2024 | 7.18 Mn |
| Dec 31, 2023 | -22.24 Mn |
| Dec 31, 2023 | -22.24 Mn |