Strategic Education (STRA) Change in Receivables (2016 - 2026)
Quarterly Change in Receivables fell 40.04% to $8.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$4.3 million through Mar 2026, down 171.46% year-over-year, with the annual reading at $1.1 million for FY2025, 591.4% up from the prior year.
Strategic Education filings provide 18 years of Change in Receivables readings, the most recent being $8.0 million for Q1 2026.
- Change in Receivables hit $8.0 million in Q1 2026 for Strategic Education, up from -$35.9 million in the prior quarter.
- Across five years, Change in Receivables topped out at $16.5 million in Q3 2025 and bottomed at -$35.9 million in Q4 2025.
- Average Change in Receivables over 5 years is $2.0 million, with a median of $8.2 million recorded in 2022.
- The largest annual shift saw Change in Receivables surged 89.84% in 2023 before it tumbled 43.51% in 2024.
- Strategic Education's Change in Receivables stood at -$20.8 million in 2022, then dropped by 7.11% to -$22.2 million in 2023, then fell by 26.22% to -$28.1 million in 2024, then dropped by 27.73% to -$35.9 million in 2025, then surged by 122.38% to $8.0 million in 2026.
- Per Business Quant, the three most recent readings for STRA's Change in Receivables are $8.0 million (Q1 2026), -$35.9 million (Q4 2025), and $16.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | -48.47 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -71.82 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 28.97 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | -11.73 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 6.94 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 8.03 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 17.95 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | -26.95 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 |
| Sep 30, 2023 | 15.49 Mn |
| Sep 30, 2023 | 15.49 Mn |
| Jun 30, 2023 | 10.73 Mn |
| Jun 30, 2023 | 10.73 Mn |
| Mar 31, 2023 | 8.89 Mn |
| Mar 31, 2023 | 8.89 Mn |
| Dec 31, 2022 | -20.76 Mn |
| Dec 31, 2022 | -20.76 Mn |
| Sep 30, 2022 | 8.16 Mn |
| Sep 30, 2022 | 8.16 Mn |
| Jun 30, 2022 | 12.49 Mn |
| Jun 30, 2022 | 12.49 Mn |
| Mar 31, 2022 | 12.67 Mn |
| Mar 31, 2022 | 12.67 Mn |
| Dec 31, 2021 | -38.29 Mn |
| Dec 31, 2021 | -38.29 Mn |
| Sep 30, 2021 | 9.54 Mn |
| Sep 30, 2021 | 9.54 Mn |
| Jun 30, 2021 | 15.53 Mn |
| Jun 30, 2021 | 15.53 Mn |
| Mar 31, 2021 | 13.42 Mn |
| Mar 31, 2021 | 13.42 Mn |
| Dec 31, 2020 | -20.88 Mn |
| Dec 31, 2020 | -20.88 Mn |
| Sep 30, 2020 | 5.04 Mn |
| Sep 30, 2020 | 5.04 Mn |
| Jun 30, 2020 | -267,000.00 |
| Jun 30, 2020 | -267,000.00 |
| Mar 31, 2020 | -3.55 Mn |
| Mar 31, 2020 | -3.55 Mn |
| Dec 31, 2019 | 488,000.00 |
| Dec 31, 2019 | 488,000.00 |
| Sep 30, 2019 | 3.52 Mn |
| Sep 30, 2019 | 3.52 Mn |
| Jun 30, 2019 | -930,000.00 |
| Jun 30, 2019 | -930,000.00 |
| Mar 31, 2019 | -4.85 Mn |
| Mar 31, 2019 | -4.85 Mn |
| Dec 31, 2018 | 347,000.00 |
| Dec 31, 2018 | 347,000.00 |
| Sep 30, 2018 | -11.14 Mn |
| Sep 30, 2018 | -11.14 Mn |
| Jun 30, 2018 | 667,000.00 |
| Jun 30, 2018 | 667,000.00 |
| Mar 31, 2018 | 2.25 Mn |
| Mar 31, 2018 | 2.25 Mn |
| Dec 31, 2017 | 2.80 Mn |
| Dec 31, 2017 | 2.80 Mn |
| Sep 30, 2017 | 317,000.00 |
| Sep 30, 2017 | 317,000.00 |
| Jun 30, 2017 | 156,000.00 |
| Jun 30, 2017 | 156,000.00 |
| Mar 31, 2017 | -19,000.00 |
| Mar 31, 2017 | -19,000.00 |
| Dec 31, 2016 | 1.88 Mn |
| Dec 31, 2016 | 1.88 Mn |
| Sep 30, 2016 | -180,000.00 |
| Sep 30, 2016 | -180,000.00 |
| Jun 30, 2016 | 472,000.00 |
| Jun 30, 2016 | 472,000.00 |