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STRA Q2 2024 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena
STRA
Strategic Education, Inc.
$2B
Q2 2024 Earnings
Consumer Defensive
Education & Training Services
Income Statement
Revenue
$312M
+8.5% YoY
Gross Profit
$149M
47.7% margin
Operating Income
$42M
13.4% margin
Net Income
$30M
9.6% margin
EPS (Diluted)
$1.24
QoQ Revenue Growth
+7.6%
Cash Flow
Operating Cash Flow
$24M
Free Cash Flow
$14M
Stock-Based Comp.
$7M
Balance Sheet
Total Assets
$2.2B
Total Liabilities
$499M
Stockholders' Equity
$1.7B
Cash & Equivalents
$230M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$312M
$288M
+8.5%
Gross Profit
$149M
$126M
+18.1%
Operating Income
$42M
$17M
+149.3%
Net Income
$30M
$14M
+110.1%
Revenue Segments
U.S. Higher Education Segment
$217M
69%
Australia/New Zealand Segment
$71M
23%
Education Technology Services
$25M
8%
← FY 2024
All Quarters
Q3 2024 →