Strategic Education (STRA) Operating Leases (2018 - 2026)
Strategic Education's (STRA) quarterly Operating Leases came in at $92.1 million in Q2 2026, down 8.09% YoY from $100.2 million in Q2 2025, and down 2.95% on a QoQ basis from $94.9 million in Q1 2026.
Analysis
Strategic Education (STRA) Operating Leases (2018 - 2026) Analysis & Trends
Strategic Education (STRA) has 9 years of Operating Leases data on file, last reported at $92.1 million in Q2 2026.
- Quarterly Operating Leases fell 8.09% year-over-year to $92.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $92.1 million (down 8.09% YoY) and the FY2025 annual result came in at $93.2 million, down 9.5% from the prior year.
- Operating Leases eased to $92.1 million in Q2 2026, from $94.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $158.9 million in Q1 2022 to a low of $92.1 million in Q2 2026.
- A 5-year average of $117.2 million and a median of $116.2 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases advanced 3.89% — and 2024, when it slipped 19.36%.
- Tracing STRA's Operating Leases over 5 years: stood at $134.0 million in 2022, then retreated by 4.68% to $127.7 million in 2023, then fell by 19.36% to $103.0 million in 2024, then decreased by 9.5% to $93.2 million in 2025, then dropped by 1.21% to $92.1 million in 2026.
- The last three Operating Leases figures came in at $92.1 million (Q2 2026), $94.9 million (Q1 2026), and $93.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.41 Bn | 91.67 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.12 Bn | 4.96 Bn | 237.67 Mn |
| 3 | Graham Holdings | 4.77 Bn | 3.52 Bn | 777.03 Mn |
| 4 | Covista | 4.52 Bn | 4.11 Bn | 284.63 Mn |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn |
| 6 | Stride | 3.66 Bn | 2.71 Bn | 217.28 Mn |
| 7 | McGraw Hill | 2.53 Bn | 2.33 Bn | 439.20 Mn |
| 8 | Perdoceo Education | 2.07 Bn | 768.24 Mn | 162.46 Mn |
| 9 | TAL Education | 1.94 Bn | -740.46 Mn | 227.32 Mn |
| 10 | Strategic Education | 1.76 Bn | 1.63 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.09 Mn |
| Mar 31, 2026 | 94.88 Mn |
| Dec 31, 2025 | 93.22 Mn |
| Sep 30, 2025 | 99.24 Mn |
| Jun 30, 2025 | 100.19 Mn |
| Mar 31, 2025 | 99.41 Mn |
| Dec 31, 2024 | 103.00 Mn |
| Sep 30, 2024 | 116.09 Mn |
| Jun 30, 2024 | 112.27 Mn |
| Mar 31, 2024 | 116.35 Mn |
| Dec 31, 2023 | 127.74 Mn |
| Sep 30, 2023 | 121.40 Mn |
| Jun 30, 2023 | 126.98 Mn |
| Mar 31, 2023 | 131.91 Mn |
| Dec 31, 2022 | 134.01 Mn |
| Sep 30, 2022 | 136.79 Mn |
| Jun 30, 2022 | 145.84 Mn |
| Mar 31, 2022 | 158.93 Mn |
| Dec 31, 2021 | 162.82 Mn |
| Sep 30, 2021 | 139.03 Mn |