Strategic Education (STRA) Revenue & Revenue Breakdown


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Strategic Education Revenue Highlights


Latest Revenue (Y)

$1.13B

Latest Revenue (Q)

$312.27M

Main Segment (Y)

US Higher Education Segment

Main Geography (Y)

Australia New Zealand Segment

Strategic Education Revenue by Period


Strategic Education Revenue by Year

DateRevenueChange
2023-12-31$1.13B6.33%
2022-12-31$1.07B-5.85%
2021-12-31$1.13B10.12%
2020-12-31$1.03B3.06%
2019-12-31$997.14M57.23%
2018-12-31$634.18M39.43%
2017-12-31$454.85M3.12%
2016-12-31$441.09M1.53%
2015-12-31$434.44M-2.60%
2014-12-31$446.04M-11.43%
2013-12-31$503.60M-10.39%
2012-12-31$561.98M-10.43%
2011-12-31$627.43M-1.46%
2010-12-31$636.73M24.37%
2009-12-31$511.96M29.19%
2008-12-31$396.27M24.61%
2007-12-31$318.01M20.62%
2006-12-31$263.65M19.56%
2005-12-31$220.51M20.37%
2004-12-31$183.19M24.60%
2003-12-31$147.03M25.97%
2002-12-31$116.71M25.66%
2001-12-31$92.88M18.75%
2000-12-31$78.21M12.05%
1999-12-31$69.80M10.97%
1998-12-31$62.90M18.46%
1997-12-31$53.10M18.00%
1996-12-31$45.00M-

Strategic Education generated $1.13B in revenue during NA 2023, up 6.33% compared to the previous quarter, and up 178.64% compared to the same period a year ago.

Strategic Education Revenue by Quarter

DateRevenueChange
2024-06-30$312.27M7.59%
2024-03-31$290.25M-4.11%
2023-12-31$302.70M5.86%
2023-09-30$285.94M-0.61%
2023-06-30$287.68M12.11%
2023-03-31$256.61M-4.94%
2022-12-31$269.94M2.59%
2022-09-30$263.12M-3.82%
2022-06-30$273.56M5.68%
2022-03-31$258.86M-4.87%
2021-12-31$272.10M0.75%
2021-09-30$270.08M-9.73%
2021-06-30$299.17M3.04%
2021-03-31$290.34M8.54%
2020-12-31$267.49M11.91%
2020-09-30$239.03M-6.57%
2020-06-30$255.83M-3.57%
2020-03-31$265.30M0.58%
2019-12-31$263.77M9.11%
2019-09-30$241.75M-1.37%
2019-06-30$245.11M-0.57%
2019-03-31$246.51M1.82%
2018-12-31$242.10M50.43%
2018-09-30$160.94M40.36%
2018-06-30$114.67M-1.55%
2018-03-31$116.47M-1.89%
2017-12-31$118.71M9.40%
2017-09-30$108.51M-3.73%
2017-06-30$112.72M-1.91%
2017-03-31$114.91M-3.66%
2016-12-31$119.28M16.76%
2016-09-30$102.16M-5.84%
2016-06-30$108.49M-2.41%
2016-03-31$111.17M-2.19%
2015-12-31$113.66M14.64%
2015-09-30$99.14M-9.67%
2015-06-30$109.75M-1.91%
2015-03-31$111.89M-3.61%
2014-12-31$116.07M15.20%
2014-09-30$100.76M-10.64%
2014-06-30$112.75M-3.19%
2014-03-31$116.47M-6.14%
2013-12-31$124.08M12.77%
2013-09-30$110.03M-16.63%
2013-06-30$131.98M-4.02%
2013-03-31$137.51M-3.12%
2012-12-31$141.93M14.22%
2012-09-30$124.26M-15.04%
2012-06-30$146.25M-2.19%
2012-03-31$149.53M-4.04%
2011-12-31$155.82M14.69%
2011-09-30$135.87M-17.05%
2011-06-30$163.79M-4.75%
2011-03-31$171.96M0.00%
2010-12-31$171.95M16.50%
2010-09-30$147.60M-7.34%
2010-06-30$159.28M0.88%
2010-03-31$157.90M7.27%
2009-12-31$147.20M28.73%
2009-09-30$114.35M-9.20%
2009-06-30$125.93M1.17%
2009-03-31$124.48M8.92%
2008-12-31$114.28M31.37%
2008-09-30$86.99M-11.17%
2008-06-30$97.93M0.88%
2008-03-31$97.07M8.91%
2007-12-31$89.13M-

Strategic Education generated $312.27M in revenue during Q2 2024, up 7.59% compared to the previous quarter, and up 121.69% compared to the same period a year ago.

Strategic Education Revenue Breakdown


Strategic Education Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
US Higher Education Segment$818.95M$770.98M$829.27M--
Education Technology Services$80.45M$63.75M---
Education Technology Services Segment--$52.29M--
Strayer University---$537.63M-
Capella University---$466.64M-
Capella Segment----$455.32M
Strayer Segment----$527.03M
Other Segments----$14.79M

Strategic Education's latest annual revenue breakdown by segment (product or service), as of Dec 23: US Higher Education Segment (91.05%), and Education Technology Services (8.95%).

Quarterly Revenue by Product

Product/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18
Education Technology Services$21.87M$20.84M$19.53M$18.21M$16.73M$16.45M$15.99M$14.58M------------
U.S. Higher Education Segment-$201.83M$202.68M$196.90M$185.50M$190.03M$195.77M$191.89M$212.21M$226.55M----------
US Higher Education Segment----$199.69M$198.62M--------------
Alternative Learning Segment---------$12.96M$12.91M$12.52M--------
Strayer Segment------------$128.41M$138.08M$145.65M$142.23M$127.84M$128.91M$128.06M$127.46M
Capella Segment------------$110.61M$117.75M$119.65M$117.90M$110.55M$112.17M$114.70M$111.13M
Other Segments---------------$3.64M$3.36M$4.03M$3.75M-
All Other Segments-------------------$3.52M

Strategic Education's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Education Technology Services (100.00%).

Strategic Education Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20
Australia New Zealand Segment$233.52M$230.75M$250.12M-
Australia and New Zealand---$23.38M

Strategic Education's latest annual revenue breakdown by geography, as of Dec 23: Australia New Zealand Segment (100.00%).

Quarterly Revenue by Country

CountryJun 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Australia/New Zealand Segment$71.13M$63.26M$63.77M$41.50M$61.18M$67.54M$48.51M$65.22M$74.06M$51.27M--
Australia New Zealand Segment----$53.52M$59.58M------

Strategic Education's latest quarterly revenue breakdown by geography, as of Jun 24: Australia/New Zealand Segment (100.00%).

Strategic Education Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ESIElement Solutions$2.33B$612.70M
STRAStrategic Education$1.13B$312.27M
APEIAmerican Public Education$600.54M$154.43M
DVDoubleVerify$572.54M$155.89M
CECOCECO Environmental$544.85M$137.52M
LOPEGrand Canyon Education--

STRA Revenue FAQ


Strategic Education's yearly revenue for 2023 was $1.13B, representing an increase of 6.33% compared to 2022. The company's yearly revenue for 2022 was $1.07B, representing a decrease of -5.85% compared to 2021. STRA's yearly revenue for 2021 was $1.13B, representing an increase of 10.12% compared to 2020.

Strategic Education's quarterly revenue for Q2 2024 was $312.27M, a 7.59% increase from the previous quarter (Q1 2024), and a 8.55% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $290.25M, a -4.11% decrease from the previous quarter (Q4 2023), and a 13.11% increase year-over-year (Q1 2023). STRA's quarterly revenue for Q4 2023 was $302.7M, a 5.86% increase from the previous quarter (Q3 2023), and a 12.14% increase year-over-year (Q4 2022).

Strategic Education's revenue growth rate for the last 3 years (2021-2023) was 0.11%, and for the last 5 years (2019-2023) was 13.62%.

Strategic Education's revenue streams in c 23 are US Higher Education Segment, and Education Technology Services. US Higher Education Segment generated $818.95M in revenue, accounting 91.05% of the company's total revenue, up 6.22% year-over-year. Education Technology Services generated $80.45M in revenue, accounting 8.95% of the company's total revenue, up 26.19% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Strategic Education was US Higher Education Segment. This segment made a revenue of $818.95M, representing 91.05% of the company's total revenue.