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Strategic Education (STRA) Operating Expenses (2016 - 2025)

Strategic Education (STRA) has disclosed Operating Expenses for 17 consecutive years, with $606.8 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 120.32% year-over-year to $606.8 million, compared with a TTM value of $1.1 billion through Dec 2025, up 2.79%, and an annual FY2025 reading of $1.1 billion, up 2.79% over the prior year.
  • Operating Expenses was $606.8 million for Q4 2025 at Strategic Education, up from $53.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $606.8 million in Q4 2025 and bottomed at $53.2 million in Q3 2025.
  • Average Operating Expenses over 5 years is $230.3 million, with a median of $159.9 million recorded in 2023.
  • The sharpest move saw Operating Expenses surged 272.91% in 2023, then plummeted 80.28% in 2025.
  • Year by year, Operating Expenses stood at $244.2 million in 2021, then plummeted by 37.7% to $152.2 million in 2022, then soared by 272.91% to $567.5 million in 2023, then tumbled by 51.46% to $275.4 million in 2024, then surged by 120.32% to $606.8 million in 2025.
  • Business Quant data shows Operating Expenses for STRA at $606.8 million in Q4 2025, $53.2 million in Q3 2025, and $275.7 million in Q2 2025.