Strategic Education (STRA) Operating Leases (2019 - 2026)

Strategic Education has reported Operating Leases for 8 years, with the latest figure at $94.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 4.55% year-over-year to $94.9 million; the trailing twelve-month figure through Mar 2026 stood at $94.9 million (down 4.55% YoY), and the FY2025 full-year result was $93.2 million, down 9.5% from the prior year.
• Operating Leases for Q1 2026 stood at $94.9 million, up from $93.2 million in the prior quarter.
• The five-year high for Operating Leases was $158.9 million in Q1 2022, with the low at $93.2 million in Q4 2025.
• Historically, Operating Leases has averaged $118.7 million across 5 years, with a median of $116.4 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Leases advanced 3.89% — and 2024, when it slipped 19.36%.
• Strategic Education's Operating Leases 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 grew by 1.79% to $94.9 million in 2026.
• The last three Operating Leases figures came in at $94.9 million (Q1 2026), $93.2 million (Q4 2025), and $99.2 million (Q3 2025), per Business Quant data.