Strategic Education (STRA) Free Cash Flow (2016 - 2026)
Quarterly Free Cash Flow rose 34.83% to $77.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $173.9 million through Mar 2026, up 47.83% year-over-year, with the annual reading at $153.9 million for FY2025, 19.57% up from the prior year.
Strategic Education filings provide 18 years of Free Cash Flow readings, the most recent being $77.3 million for Q1 2026.
- Free Cash Flow hit $77.3 million in Q1 2026 for Strategic Education, up from $27.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $77.3 million in Q1 2026 and bottomed at -$9.3 million in Q4 2022.
- Average Free Cash Flow over 5 years is $30.8 million, with a median of $27.0 million recorded in 2023.
- The largest annual shift saw Free Cash Flow plummeted 362.19% in 2022 before it surged 477.03% in 2025.
- Strategic Education's Free Cash Flow stood at -$9.3 million in 2022, then soared by 317.52% to $20.3 million in 2023, then plummeted by 77.01% to $4.7 million in 2024, then surged by 477.03% to $27.0 million in 2025, then skyrocketed by 186.83% to $77.3 million in 2026.
- Per Business Quant, the three most recent readings for STRA's Free Cash Flow are $77.3 million (Q1 2026), $27.0 million (Q4 2025), and $49.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (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 | 48.56 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 53.60 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 86.48 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 183.49 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 67.65 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | -26.43 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 77.31 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | -10.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 60.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.31 Mn |
| Mar 31, 2026 | 77.31 Mn |
| Dec 31, 2025 | 26.95 Mn |
| Dec 31, 2025 | 26.95 Mn |
| Sep 30, 2025 | 49.28 Mn |
| Sep 30, 2025 | 49.28 Mn |
| Jun 30, 2025 | 20.38 Mn |
| Jun 30, 2025 | 20.38 Mn |
| Mar 31, 2025 | 57.34 Mn |
| Mar 31, 2025 | 57.34 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Dec 31, 2024 | 4.67 Mn |
| Sep 30, 2024 | 42.07 Mn |
| Sep 30, 2024 | 42.07 Mn |
| Jun 30, 2024 | 13.57 Mn |
| Jun 30, 2024 | 13.57 Mn |
| Mar 31, 2024 | 68.44 Mn |
| Mar 31, 2024 | 68.44 Mn |
| Dec 31, 2023 | 20.32 Mn |
| Dec 31, 2023 | 20.32 Mn |
| Sep 30, 2023 | 36.91 Mn |
| Sep 30, 2023 | 36.91 Mn |
| Jun 30, 2023 | -4.03 Mn |
| Jun 30, 2023 | -4.03 Mn |
| Mar 31, 2023 | 26.97 Mn |
| Mar 31, 2023 | 26.97 Mn |
| Dec 31, 2022 | -9.34 Mn |
| Dec 31, 2022 | -9.34 Mn |
| Sep 30, 2022 | 34.24 Mn |
| Sep 30, 2022 | 34.24 Mn |
| Jun 30, 2022 | 11.08 Mn |
| Jun 30, 2022 | 11.08 Mn |
| Mar 31, 2022 | 46.91 Mn |
| Mar 31, 2022 | 46.91 Mn |
| Dec 31, 2021 | 3.56 Mn |
| Dec 31, 2021 | 3.56 Mn |
| Sep 30, 2021 | 24.84 Mn |
| Sep 30, 2021 | 24.84 Mn |
| Jun 30, 2021 | 36.56 Mn |
| Jun 30, 2021 | 36.56 Mn |
| Mar 31, 2021 | 66.13 Mn |
| Mar 31, 2021 | 66.13 Mn |
| Dec 31, 2020 | -27.91 Mn |
| Dec 31, 2020 | -27.91 Mn |
| Sep 30, 2020 | 37.52 Mn |
| Sep 30, 2020 | 37.52 Mn |
| Jun 30, 2020 | 32.04 Mn |
| Jun 30, 2020 | 32.04 Mn |
| Mar 31, 2020 | 54.44 Mn |
| Mar 31, 2020 | 54.44 Mn |
| Dec 31, 2019 | 49.82 Mn |
| Dec 31, 2019 | 49.82 Mn |
| Sep 30, 2019 | 29.43 Mn |
| Sep 30, 2019 | 29.43 Mn |
| Jun 30, 2019 | 34.30 Mn |
| Jun 30, 2019 | 34.30 Mn |
| Mar 31, 2019 | 49.90 Mn |
| Mar 31, 2019 | 49.90 Mn |
| Dec 31, 2018 | 50.00 Mn |
| Dec 31, 2018 | 50.00 Mn |
| Sep 30, 2018 | -52.11 Mn |
| Sep 30, 2018 | -52.11 Mn |
| Jun 30, 2018 | 8.61 Mn |
| Jun 30, 2018 | 8.61 Mn |
| Mar 31, 2018 | 12.82 Mn |
| Mar 31, 2018 | 12.82 Mn |
| Dec 31, 2017 | 8.31 Mn |
| Dec 31, 2017 | 8.31 Mn |
| Sep 30, 2017 | 5.46 Mn |
| Sep 30, 2017 | 5.46 Mn |
| Jun 30, 2017 | 3.64 Mn |
| Jun 30, 2017 | 3.64 Mn |
| Mar 31, 2017 | 20.69 Mn |
| Mar 31, 2017 | 20.69 Mn |
| Dec 31, 2016 | 8.76 Mn |
| Dec 31, 2016 | 8.76 Mn |
| Sep 30, 2016 | 4.03 Mn |
| Sep 30, 2016 | 4.03 Mn |
| Jun 30, 2016 | 5.92 Mn |
| Jun 30, 2016 | 5.92 Mn |