STRA Q1 2022 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena

STRAStrategic Education, Inc.

$2B

Q1 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$259M-10.8% YoY

Gross Profit

$114M44.1% margin

Operating Income

$13M5.2% margin

Net Income

$7M2.7% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$47M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$644M

Stockholders' Equity

$1.7B

Cash & Equivalents

$293M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$259M	$290M	-10.8%
Gross Profit	$114M	$138M	-16.9%
Operating Income	$13M	$12M	+12.0%
Net Income	$7M	$10M	-26.6%

Revenue Segments

U.S. Higher Education Segment

$196M76%

Australia/New Zealand Segment

$49M19%

Education Technology Services

$15M6%