Strategic Education (STRA) Operating Leases (2019 - 2026)
Quarterly Operating Leases fell 4.55% to $94.9 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $94.9 million through Mar 2026, down 4.55% year-over-year, with the annual reading at $93.2 million for FY2025, 9.5% down from the prior year.
Strategic Education filings provide 8 years of Operating Leases readings, the most recent being $94.9 million for Q1 2026.
- Operating Leases hit $94.9 million in Q1 2026 for Strategic Education, up from $93.2 million in the prior quarter.
- Across five years, Operating Leases topped out at $158.9 million in Q1 2022 and bottomed at $93.2 million in Q4 2025.
- Average Operating Leases over 5 years is $118.7 million, with a median of $116.4 million recorded in 2024.
- The largest annual shift saw Operating Leases rose 3.89% in 2022 before it dropped 19.36% in 2024.
- Strategic Education's Operating Leases stood at $134.0 million in 2022, then decreased by 4.68% to $127.7 million in 2023, then dropped by 19.36% to $103.0 million in 2024, then fell by 9.5% to $93.2 million in 2025, then increased by 1.79% to $94.9 million in 2026.
- Per Business Quant, the three most recent readings for STRA's Operating Leases are $94.9 million (Q1 2026), $93.2 million (Q4 2025), and $99.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 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 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 148.38 Mn |
| Mar 31, 2021 | 152.98 Mn |
| Dec 31, 2020 | 106.15 Mn |
| Sep 30, 2020 | 76.80 Mn |
| Jun 30, 2020 | 77.46 Mn |
| Mar 31, 2020 | 78.77 Mn |
| Dec 31, 2019 | 80.56 Mn |
| Sep 30, 2019 | 83.07 Mn |
| Jun 30, 2019 | 113.83 Mn |
| Mar 31, 2019 | 116.96 Mn |