Strategic Education (STRA) Other Working Capital Changes (2016 - 2026)
Quarterly Other Working Capital Changes fell 0.93% to $37.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $5.7 million through Mar 2026, up 589.04% year-over-year, with the annual reading at $6.1 million for FY2025, 305.63% up from the prior year.
Strategic Education filings provide 18 years of Other Working Capital Changes readings, the most recent being $37.5 million for Q1 2026.
- Other Working Capital Changes hit $37.5 million in Q1 2026 for Strategic Education, up from -$54.1 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $45.5 million in Q2 2022 and bottomed at -$54.1 million in Q4 2025.
- Average Other Working Capital Changes over 5 years is $4.0 million, with a median of $10.9 million recorded in 2023.
- Peak annual rise in Other Working Capital Changes hit 7829.54% in 2022, while the deepest fall reached 1533.92% in 2022.
- Strategic Education's Other Working Capital Changes stood at $19.4 million in 2022, then crashed by 333.29% to -$45.2 million in 2023, then surged by 58.36% to -$18.8 million in 2024, then crashed by 187.64% to -$54.1 million in 2025, then surged by 169.19% to $37.5 million in 2026.
- Per Business Quant, the three most recent readings for STRA's Other Working Capital Changes are $37.5 million (Q1 2026), -$54.1 million (Q4 2025), and $15.4 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 | 37.47 Mn |
| Mar 31, 2026 | 37.47 Mn |
| Dec 31, 2025 | -54.15 Mn |
| Dec 31, 2025 | -54.15 Mn |
| Sep 30, 2025 | 15.35 Mn |
| Sep 30, 2025 | 15.35 Mn |
| Jun 30, 2025 | 7.05 Mn |
| Jun 30, 2025 | 7.05 Mn |
| Mar 31, 2025 | 37.82 Mn |
| Mar 31, 2025 | 37.82 Mn |
| Dec 31, 2024 | -18.83 Mn |
| Dec 31, 2024 | -18.83 Mn |
| Sep 30, 2024 | 3.21 Mn |
| Sep 30, 2024 | 3.21 Mn |
| Jun 30, 2024 | -23.37 Mn |
| Jun 30, 2024 | -23.37 Mn |
| Mar 31, 2024 | 36.04 Mn |
| Mar 31, 2024 | 36.04 Mn |
| Dec 31, 2023 | -45.21 Mn |
| Dec 31, 2023 | -45.21 Mn |
| Sep 30, 2023 | 13.93 Mn |
| Sep 30, 2023 | 13.93 Mn |
| Jun 30, 2023 | 28.02 Mn |
| Jun 30, 2023 | 28.02 Mn |
| Mar 31, 2023 | 10.89 Mn |
| Mar 31, 2023 | 10.89 Mn |
| Dec 31, 2022 | 19.38 Mn |
| Dec 31, 2022 | 19.38 Mn |
| Sep 30, 2022 | -52.32 Mn |
| Sep 30, 2022 | -52.32 Mn |
| Jun 30, 2022 | 45.53 Mn |
| Jun 30, 2022 | 45.53 Mn |
| Mar 31, 2022 | 6.37 Mn |
| Mar 31, 2022 | 6.37 Mn |
| Dec 31, 2021 | 7.89 Mn |
| Dec 31, 2021 | 7.89 Mn |
| Sep 30, 2021 | -3.20 Mn |
| Sep 30, 2021 | -3.20 Mn |
| Jun 30, 2021 | -589,000.00 |
| Jun 30, 2021 | -589,000.00 |
| Mar 31, 2021 | 9.90 Mn |
| Mar 31, 2021 | 9.90 Mn |
| Dec 31, 2020 | -14.64 Mn |
| Dec 31, 2020 | -14.64 Mn |
| Sep 30, 2020 | -1.80 Mn |
| Sep 30, 2020 | -1.80 Mn |
| Jun 30, 2020 | 4.44 Mn |
| Jun 30, 2020 | 4.44 Mn |
| Mar 31, 2020 | 1.90 Mn |
| Mar 31, 2020 | 1.90 Mn |
| Dec 31, 2019 | 6.07 Mn |
| Dec 31, 2019 | 6.07 Mn |
| Sep 30, 2019 | 408,000.00 |
| Sep 30, 2019 | 408,000.00 |
| Jun 30, 2019 | 2.43 Mn |
| Jun 30, 2019 | 2.43 Mn |
| Mar 31, 2019 | -1.19 Mn |
| Mar 31, 2019 | -1.19 Mn |
| Dec 31, 2018 | -17.11 Mn |
| Dec 31, 2018 | -17.11 Mn |
| Sep 30, 2018 | -4.99 Mn |
| Sep 30, 2018 | -4.99 Mn |
| Jun 30, 2018 | 3.70 Mn |
| Jun 30, 2018 | 3.70 Mn |
| Mar 31, 2018 | -931,000.00 |
| Mar 31, 2018 | -931,000.00 |
| Dec 31, 2017 | -3.74 Mn |
| Dec 31, 2017 | -3.74 Mn |
| Sep 30, 2017 | 3.35 Mn |
| Sep 30, 2017 | 3.35 Mn |
| Jun 30, 2017 | -3.63 Mn |
| Jun 30, 2017 | -3.63 Mn |
| Mar 31, 2017 | 2.44 Mn |
| Mar 31, 2017 | 2.44 Mn |
| Dec 31, 2016 | 7.15 Mn |
| Dec 31, 2016 | 7.15 Mn |
| Sep 30, 2016 | -904,000.00 |
| Sep 30, 2016 | -904,000.00 |
| Jun 30, 2016 | -5.82 Mn |
| Jun 30, 2016 | -5.82 Mn |