# Strategic Education (STRA) — Earnings

STRA · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/stra/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.76 |
| EPS estimate | $1.80 |
| EPS surprise | −2.22% |
| Revenue surprise | +0.82% |
| Revenue | $330.2M |
| Revenue estimate | $327.5M |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1013934/000101393426000018/stra-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/a2fdd5c7-2819-0fc2-efff-bc4eefc66c0a.html) |

Strategic Education reported Q2 2026 results on July 29, 2026. Earnings per share were $1.76, short of the $1.80 estimate by 2.22%. Revenue was $330.2 million, 0.82% above the $327.5 million consensus. Compared with Q2 2025, EPS rose about 16% from $1.52 and revenue rose about 3% from $321.5 million.

Earnings have grown much faster than sales. Annual EPS climbed from $2.52 in 2022 to $3.71 in 2023, $4.87 in 2024 and $6.19 in 2025, about 2.5 times the 2022 level. Revenue rose more gently, from $1,065.5 million in 2022 to $1,268.2 million in 2025. Q2 2026 set the table's highs for both EPS and revenue. The first half of 2026 earned $3.18 per share, about 13% more than the $2.82 a year earlier. Strategic Education beat the EPS estimate 15 times in the last 20 quarters, including 12 in a row from Q1 2023 to Q4 2025. The last two quarters were small misses.

Q3 results came out between November 2 and November 7 in each of the past four years. That points to early November 2026 for the next report. It will show whether the year-over-year EPS growth carries on after two quarters below estimates.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $1.80 | $1.76 | -2.22% | $327.5M | $330.2M |
| Q1 2026 | Apr 23, 2026 | $1.49 | $1.42 | -4.91% | $309.8M | $305.9M |
| Q4 2025 | Feb 26, 2026 | $1.41 | $1.74 | 23.12% | $322.3M | $323.2M |
| Q3 2025 | Nov 6, 2025 | $1.30 | $1.63 | 25.07% | $314.7M | $319.9M |
| Q2 2025 | Jul 30, 2025 | $1.43 | $1.52 | 6.06% | $323.0M | $321.5M |
| Q1 2025 | Apr 24, 2025 | $0.96 | $1.30 | 34.95% | $300.7M | $303.6M |
| Q4 2024 | Feb 27, 2025 | $1.24 | $1.27 | 2.42% | $315.2M | $311.5M |
| Q3 2024 | Nov 7, 2024 | $0.80 | $1.16 | 44.24% | $301.6M | $306.0M |
| Q2 2024 | Jul 31, 2024 | $1.19 | $1.33 | 12.00% | $308.2M | $312.3M |
| Q1 2024 | Apr 25, 2024 | $0.58 | $1.11 | 90.92% | $274.3M | $290.3M |
| Q4 2023 | Feb 29, 2024 | $1.34 | $1.68 | 25.61% | $297.5M | $302.7M |
| Q3 2023 | Nov 2, 2023 | $0.81 | $0.97 | 19.75% | $283.2M | $285.9M |
| Q2 2023 | Jul 27, 2023 | $0.69 | $0.82 | 18.84% | $282.4M | $287.7M |
| Q1 2023 | Apr 27, 2023 | $0.22 | $0.24 | 7.48% | $259.3M | $256.6M |
| Q4 2022 | Feb 22, 2023 | $0.93 | $0.78 | -16.13% | $271.7M | $269.9M |
| Q3 2022 | Nov 3, 2022 | $0.26 | $0.33 | 25.33% | $260.4M | $263.1M |
| Q2 2022 | Jul 27, 2022 | $0.87 | $0.87 | 0.38% | $275.8M | $273.6M |
| Q1 2022 | Apr 28, 2022 | $0.74 | $0.54 | -27.35% | $261.9M | $258.9M |
| Q4 2021 | Feb 25, 2022 | $0.95 | $1.15 | 21.05% | $270.5M | $272.1M |
| Q3 2021 | Nov 4, 2021 | $0.84 | $0.59 | -29.34% | $283.6M | $270.1M |

## Frequently Asked Questions

### When did Strategic Education (STRA) last report earnings?

Strategic Education last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did STRA beat earnings estimates?

No. Strategic Education reported EPS of $1.76 for Q2 2026 against a $1.80 estimate — a 2.22% miss.

### How much revenue did STRA report last quarter?

Strategic Education reported $330.2M in revenue for Q2 2026, against a consensus estimate of $327.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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