Strategic Education (STRA) Shares Outstanding (Weighted Average) (2016 - 2026)
Quarterly Shares Outstanding (Weighted Average) fell 7.29% to $21.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $21.6 million through Mar 2026, down 7.29% year-over-year, with the annual reading at $22.7 million for FY2025, 2.81% down from the prior year.
Strategic Education filings provide 18 years of Shares Outstanding (Weighted Average) readings, the most recent being $21.6 million for Q1 2026.
- Shares Outstanding (Weighted Average) hit $21.6 million in Q1 2026 for Strategic Education, down from $22.7 million in the prior quarter.
- Across five years, Shares Outstanding (Weighted Average) topped out at $23.9 million in Q1 2022 and bottomed at $21.6 million in Q1 2026.
- Average Shares Outstanding (Weighted Average) over 5 years is $23.3 million, with a median of $23.4 million recorded in 2023.
- The largest annual shift saw Shares Outstanding (Weighted Average) increased 0.01% in 2024 before it dropped 7.29% in 2026.
- Strategic Education's Shares Outstanding (Weighted Average) stood at $23.7 million in 2022, then dropped by 1.17% to $23.4 million in 2023, then rose by 0.01% to $23.4 million in 2024, then dropped by 2.81% to $22.7 million in 2025, then decreased by 4.96% to $21.6 million in 2026.
- Per Business Quant, the three most recent readings for STRA's Shares Outstanding (Weighted Average) are $21.6 million (Q1 2026), $22.7 million (Q4 2025), and $22.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Weighted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 355.00 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 4.33 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 142.29 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 26.74 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 42.93 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 62.50 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 54.80 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 21.62 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 31.13 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 18.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.62 Mn |
| Dec 31, 2025 | 22.75 Mn |
| Sep 30, 2025 | 22.58 Mn |
| Jun 30, 2025 | 23.11 Mn |
| Mar 31, 2025 | 23.32 Mn |
| Dec 31, 2024 | 23.41 Mn |
| Sep 30, 2024 | 23.42 Mn |
| Jun 30, 2024 | 23.44 Mn |
| Mar 31, 2024 | 23.39 Mn |
| Dec 31, 2023 | 23.40 Mn |
| Sep 30, 2023 | 23.42 Mn |
| Jun 30, 2023 | 23.45 Mn |
| Mar 31, 2023 | 23.43 Mn |
| Dec 31, 2022 | 23.68 Mn |
| Sep 30, 2022 | 23.55 Mn |
| Jun 30, 2022 | 23.87 Mn |
| Mar 31, 2022 | 23.95 Mn |
| Dec 31, 2021 | 23.96 Mn |
| Sep 30, 2021 | 23.95 Mn |
| Jun 30, 2021 | 23.98 Mn |
| Mar 31, 2021 | 23.97 Mn |
| Dec 31, 2020 | 22.63 Mn |
| Sep 30, 2020 | 23.00 Mn |
| Jun 30, 2020 | 21.79 Mn |
| Mar 31, 2020 | 21.81 Mn |
| Dec 31, 2019 | 21.73 Mn |
| Sep 30, 2019 | 21.69 Mn |
| Jun 30, 2019 | 21.64 Mn |
| Mar 31, 2019 | 21.50 Mn |
| Dec 31, 2018 | 15.19 Mn |
| Sep 30, 2018 | 17.80 Mn |
| Jun 30, 2018 | 10.88 Mn |
| Mar 31, 2018 | 10.75 Mn |
| Dec 31, 2017 | 10.68 Mn |
| Sep 30, 2017 | 10.70 Mn |
| Jun 30, 2017 | 10.68 Mn |
| Mar 31, 2017 | 10.63 Mn |
| Dec 31, 2016 | 10.61 Mn |
| Sep 30, 2016 | 10.62 Mn |
| Jun 30, 2016 | 10.60 Mn |