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STRA Q2 2023 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena
STRA
Strategic Education, Inc.
$2B
Q2 2023 Earnings
Consumer Defensive
Education & Training Services
Income Statement
Revenue
$288M
+5.2% YoY
Gross Profit
$126M
43.9% margin
Operating Income
$17M
5.8% margin
Net Income
$14M
4.9% margin
EPS (Diluted)
$0.59
QoQ Revenue Growth
+12.1%
Cash Flow
Operating Cash Flow
$5M
Free Cash Flow
-$4M
Stock-Based Comp.
$0
Balance Sheet
Total Assets
$2.1B
Total Liabilities
$544M
Stockholders' Equity
$1.6B
Cash & Equivalents
$181M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$288M
$274M
+5.2%
Gross Profit
$126M
$126M
+0.0%
Operating Income
$17M
$22M
-23.1%
Net Income
$14M
$15M
-6.5%
Revenue Segments
U.S. Higher Education Segment
$203M
70%
Australia/New Zealand Segment
$65M
23%
Education Technology Services
$20M
7%
← FY 2023
All Quarters
Q3 2023 →