Nov 5, 6:35 AM ET
Strategic Education reported third-quarter 2026 revenue up 1.6% to $325.1 million, but a $134.1 million non-cash impairment of goodwill and intangibles tied to Torrens University pushed the company to a net loss of $98.3 million, compared with net income of $26.6 million a year earlier. The company cited persistent international student immigration constraints as the reason for reassessing near-term growth expectations for its Australia/New Zealand business, and it declared a regular quarterly dividend of $0.60 per share.
- Revenue rose 1.6% to $325.1 million from $319.9 million, led by Education Technology Services.
- Diluted loss per share was $4.68, versus diluted earnings of $1.15 in the third quarter of 2025.
- Non-cash impairment of $134.1 million related to the Torrens University acquisition; adjusted diluted EPS (non-GAAP) rose to $1.69 from $1.63.
- Quarterly dividend of $0.60 per share declared, payable December 7, 2026, to holders of record as of November 30, 2026.
Read the filing on SEC.gov ↗
Jul 29, 6:35 AM ET
Strategic Education reported second quarter 2026 revenue of $337.3 million, up 4.9% from $321.5 million a year earlier, and net income of $37.2 million, up from $32.3 million. Diluted EPS rose to $1.71 from $1.37, helped by a lower share count after buybacks, but Australia/New Zealand operating income fell to $1.0 million after a $13.9 million reserve tied to an Australian Fair Work Ombudsman compliance matter.
- Revenue $337.3 million vs. $321.5 million; net income $37.2 million vs. $32.3 million
- Diluted EPS $1.71 vs. $1.37; diluted shares 21.7 million vs. 23.5 million after $32.8 million of buybacks in the quarter
- Australia/New Zealand operating income $1.0 million vs. $12.8 million, including a $13.9 million reserve tied to the Australian Fair Work Ombudsman matter
- Quarterly dividend of $0.60 per share, payable September 14, 2026, to holders of record as of September 4, 2026
Read the filing on SEC.gov ↗
Apr 23, 6:35 AM ET
Strategic Education reported first quarter 2026 results for the period ended March 31, 2026. Revenue rose 0.8% to $305.9 million and diluted earnings per share rose to $1.48 from $1.24, but U.S. Higher Education revenue fell 3.8% and the company's constant currency revenue declined 1.0%.
- Revenue rose 0.8% to $305.9 million from $303.6 million a year earlier; on a constant currency basis, revenue fell 1.0% to $300.4 million.
- Diluted EPS was $1.48 versus $1.24; net income was $32.8 million versus $29.7 million.
- Education Technology Services revenue rose 21.0% to $41.5 million, while U.S. Higher Education revenue fell 3.8% to $212.6 million.
- The board declared a quarterly dividend of $0.60 per share, payable June 1, 2026, to holders of record as of May 22, 2026.
Read the filing on SEC.gov ↗
Feb 26, 4:08 PM ET
Strategic Education reported fourth quarter 2025 revenue of $323.2 million, up 3.8%, and diluted earnings per share of $1.66 compared with $1.05 a year earlier. For full-year 2025, revenue rose 4.0% to $1,268.2 million and diluted EPS was $5.41 versus $4.67, with the company also declaring a $0.60 quarterly dividend for shareholders of record as of March 9, 2026.
- Q4 2025 income from operations was $51.6 million, or 16.0% of revenue, versus $36.0 million, or 11.6%, in Q4 2024
- Full-year 2025 net income was $126.6 million, compared with $112.7 million in 2024, and the company repurchased shares for $138.9 million during the year
- Quarterly cash dividend of $0.60 per share, payable March 16, 2026
- The filing does not include financial guidance for 2026
Read the filing on SEC.gov ↗
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