STRA Q3 2021 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena

STRAStrategic Education, Inc.

$2B

Q3 2021 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$270M+13.0% YoY

Gross Profit

$116M43.1% margin

Operating Income

$7M2.7% margin

Net Income

$4M1.4% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-9.7%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$25M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$621M

Stockholders' Equity

$1.7B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$270M	$239M	+13.0%
Gross Profit	$116M	$112M	+4.1%
Operating Income	$7M	$15M	-52.4%
Net Income	$4M	$11M	-64.8%

Revenue Segments

U.S. Higher Education Segment

$192M75%

Australia/New Zealand Segment

$65M25%