STRA Q4 2022 Earnings — Strategic Education, Inc. Revenue & Financial Results | Market Cap Arena

STRAStrategic Education, Inc.

$2B

Q4 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$270M-0.8% YoY

Gross Profit

$118M43.6% margin

Operating Income

$28M10.2% margin

Net Income

$18M6.8% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$9M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$526M

Stockholders' Equity

$1.6B

Cash & Equivalents

$214M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$270M	$272M	-0.8%
Gross Profit	$118M	$123M	-4.4%
Operating Income	$28M	$28M	-0.8%
Net Income	$18M	$22M	-15.5%

Revenue Segments

U.S. Higher Education Segment

$200M74%

Australia/New Zealand Segment

$54M20%

Education Technology Services

$17M6%