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Strategic Education (STRA) Operating Expenses (2016 - 2026)

Strategic Education has reported Operating Expenses over the past 18 years, most recently at $154.8 million for Q1 2026.

  • Quarterly Operating Expenses fell 41.33% to $154.8 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $755.2 million through Mar 2026, down 12.56% year-over-year, with the annual reading at $1.1 billion for FY2025, 68.18% up from the prior year.
  • Operating Expenses was $154.8 million for Q1 2026 at Strategic Education, down from $271.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $549.6 million in Q4 2022 and troughed at $152.9 million in Q1 2023.
  • The 5-year median for Operating Expenses is $245.4 million (2022), against an average of $229.2 million.
  • Biggest five-year swings in Operating Expenses: surged 269.17% in 2022 and later tumbled 54.79% in 2023.
  • Tracing STRA's Operating Expenses over 5 years: stood at $549.6 million in 2022, then tumbled by 54.79% to $248.5 million in 2023, then crashed by 32.84% to $166.9 million in 2024, then skyrocketed by 62.73% to $271.6 million in 2025, then plummeted by 43.01% to $154.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $154.8 million, $271.6 million, and $162.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.