STRA Q1 2021 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena

STRAStrategic Education, Inc.

$2B

Q1 2021 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$290M+9.4% YoY

Gross Profit

$138M47.4% margin

Operating Income

$12M4.1% margin

Net Income

$10M3.3% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+8.5%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$66M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$634M

Stockholders' Equity

$1.7B

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$290M	$265M	+9.4%
Gross Profit	$138M	$132M	+3.9%
Operating Income	$12M	$44M	-72.7%
Net Income	$10M	$35M	-72.8%

Revenue Segments

U.S. Higher Education Segment

$227M82%

Australia/New Zealand Segment

$51M18%