NASDAQ$STRA

Strategic Education Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Strategic Education reported Q4 2025, revenue of $155.6M, net income of $126.6M, diluted EPS of $5.41.

For Q4 2025, Strategic Education reported revenue of $155.6M, net income of $126.6M, diluted EPS was $5.41. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $155.6M.
  • Net income $126.6M.
  • Diluted EPS $5.41.

Headline financials

Total Revenue

$156M

Previous: $303M-48.6%
EPS (adj)

$5.41

Previous: $4.67+15.8%
USHE Enrollment

85.3K

Previous: 88.9K-4.0%
FlexPath Enrollment %

23.0%

Previous: 24.0%-4.2%
Sophia Subscriber Growth

47.0%

No prior period
Workforce Edge Agreements

80

No prior period
Employees Covered

4.0M

No prior period
ANZ Enrollment

19.5K

Previous: 19.8K-1.6%
Bad Debt % of Revenue

3.8%

Previous: 4.5%-15.6%
Net Income

$127M

Previous: $113M+12.3%
Operating Income

$51.6M

Previous: $36M+43.3%

Revenue & EPS history

Strategic Education · Revenue · Quarterly

$156M

Q4 2025-48.6%vs Q4 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Strategic Education · $223M total across 2 segments · Q3 2023

  • U.S. Higher Education
    $202M+8.8%
  • Education Technology Services
    $20.8M+26.7%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.7%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.6%

Avg return

30 days after

54%

37 / 68 earnings

Positive

+38.1%

Q4 2013

Best reaction

-23.2%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-13.7%-7.0%-6.1%
Q4 2025+4.8%+4.1%+3.9%
Q3 2025+0.9%+7.4%+7.2%
Q1 2025-0.2%+2.5%+9.1%
Q4 2024-18.5%-16.9%-12.5%
Q3 2024+3.6%+1.6%+1.8%
Q2 2024-19.8%-22.0%-20.1%
Q1 2024+20.3%+14.1%+14.1%
Q4 2023+14.3%+11.2%+9.5%
Q3 2023+5.1%+6.5%+8.4%
Q2 2023+7.7%+7.6%+12.3%
Q1 2023-4.8%-10.6%-14.1%
Q4 2022-8.4%-7.4%-7.0%
Q3 2022+11.9%+17.1%+20.5%
Q2 2022+4.8%+3.1%-3.2%
Q1 2022-7.6%-7.2%-4.2%
Q4 2021+17.9%+20.8%+34.8%
Q3 2021-8.2%-11.9%-23.0%
Q2 2021+11.1%+9.3%+6.4%
Q1 2021-9.3%-6.3%-14.4%
Q4 2020-4.4%-12.6%+2.9%
Q3 2020-12.5%-10.0%-6.8%
Q2 2020-17.9%-26.4%-36.6%
Q1 2020+6.1%-0.5%+13.0%
Q4 2019+2.0%+6.2%-13.6%
Q3 2019+9.7%+13.3%+19.4%
Q2 2019-2.8%-8.1%-7.0%
Q1 2019+13.4%+16.5%+22.8%
Q4 2018+8.7%+6.5%+0.4%
Q3 2018+4.5%+6.2%-10.9%
Q2 2018+7.3%+4.5%+17.8%
Q1 2018+3.6%+0.9%+5.6%
Q4 2017+0.0%+8.4%+12.7%
Q3 2017+2.2%+2.4%+7.5%
Q2 2017-12.0%-12.4%-11.6%
Q1 2017+5.0%+5.5%+2.8%
Q4 2016-3.6%-6.1%-1.8%
Q3 2016+23.8%+24.6%+58.4%
Q2 2016-8.1%-5.9%+1.6%
Q1 2016-8.7%
Q4 2015-16.7%
Q3 2015-8.9%
Q2 2015+33.7%
Q1 2015-2.1%
Q4 2014-10.4%
Q3 2014+9.8%
Q2 2014+9.3%
Q1 2014+20.7%
Q4 2013+38.1%
Q3 2013-23.2%
Q2 2013-10.5%
Q1 2013-6.0%
Q4 2012-18.8%
Q3 2012-17.2%
Q2 2012-0.5%
Q1 2012-0.2%
Q4 2010+0.9%
Q4 2011+0.9%
Q3 2011+1.2%
Q2 2011-3.9%
Q1 2010-1.6%
Q1 2011+0.9%
Q4 2008-0.9%
Q3 2010+9.1%
Q3 2009+9.1%
Q2 2009+1.8%
Q4 2009+1.8%
Q2 2010+1.8%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro