Strategic Education (STRA) Operating Margin (2009 - 2026)
Strategic Education (STRA) reported Operating Margin of 13.43% for Q1 2026, up 32.0% on a YoY basis from 10.17% in Q1 2025, and down 15.94% quarter-over-quarter from 15.98% in Q4 2025.
Strategic Education (STRA) Operating Margin (2009 - 2026) Analysis & Trends
Strategic Education has reported Operating Margin for 18 years, with the latest figure at 13.43% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 32.0% year-over-year to 13.43%; the trailing twelve-month figure through Mar 2026 stood at 13.81% (up 132.0% YoY), and the FY2025 full-year result was 13.74%, up 98.0% from the prior year.
- Operating Margin for Q1 2026 stood at 13.43%, down from 15.98% in the prior quarter.
- The five-year high for Operating Margin was 17.91% in Q4 2023, with the low at 0.53% in Q1 2023.
- Historically, Operating Margin has averaged 10.47% across 5 years, with a median of 11.58% in 2025.
- The largest YoY upside for Operating Margin was 1477 bps in 2024 against a maximum downside of 635 bps in 2024.
- Strategic Education's Operating Margin stood at 10.24% in 2022, then soared by 75 bps to 17.91% in 2023, then tumbled by 35 bps to 11.57% in 2024, then surged by 38 bps to 15.98% in 2025, then fell by 16 bps to 13.43% in 2026.
- The last three Operating Margin figures came in at 13.43% (Q1 2026), 15.98% (Q4 2025), and 11.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -16.93% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -10.10% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 4.68% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 18.75% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 20.49% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 30.92% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | -1.37% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 0.15% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 28.47% |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 13.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.43% |
| Dec 31, 2025 | 15.98% |
| Sep 30, 2025 | 11.58% |
| Jun 30, 2025 | 14.23% |
| Mar 31, 2025 | 13.11% |
| Dec 31, 2024 | 11.57% |
| Sep 30, 2024 | 11.87% |
| Jun 30, 2024 | 13.43% |
| Mar 31, 2024 | 14.25% |
| Dec 31, 2023 | 17.91% |
| Sep 30, 2023 | 8.96% |
| Jun 30, 2023 | 5.85% |
| Mar 31, 2023 | -0.53% |
| Dec 31, 2022 | 10.24% |
| Sep 30, 2022 | 2.97% |
| Jun 30, 2022 | 7.99% |
| Mar 31, 2022 | 5.19% |
| Dec 31, 2021 | 10.24% |
| Sep 30, 2021 | 2.72% |
| Jun 30, 2021 | 8.92% |