Strategic Education annual net debt
2011
2012
2013
2014
2019
2020
2021
2022
2023
2024
2025
Strategic Education Net Debt Growth & History (STRA)
Strategic Education's net debt was −$31.6M for fiscal 2025.
View full Strategic Education company overviewStrategic Education annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$31.6M | −$19.8M | — |
| 2024 | 2024-12-31 | −$11.8M | −$56.7M | — |
| 2023 | 2023-12-31 | $44.8M | −$770,000 | −1.69% |
| 2022 | 2022-12-31 | $45.6M | −$16.9M | −27.06% |
| 2021 | 2021-12-31 | $62.5M | −$32.7M | −34.36% |
| 2020 | 2020-12-31 | $95.3M | $409.1M | — |
| 2019 | 2019-12-31 | −$313.9M | — | — |
| 2014 | 2014-12-31 | −$43.5M | −$70.6M | — |
| 2013 | 2013-12-31 | $27.1M | −$50.4M | −65.01% |
| 2012 | 2012-12-31 | $77.5M | $17.1M | +28.36% |
| 2011 | 2011-12-31 | $60.4M | — | — |
Strategic Education quarterly net debt
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Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
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Q1.15
Q2.15
Q1.19
Q2.19
Q3.19
Q4.19
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Q2.20
Q3.20
Q4.20
Q1.21
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Q1.22
Q2.22
Q3.22
Q4.22
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$17.0M | −$3.7M | — |
| Q1 2026 | 2026-03-31 | −$41.1M | −$16.4M | — |
| Q4 2025 | 2025-12-31 | −$31.6M | −$19.8M | — |
| Q3 2025 | 2025-09-30 | −$33.8M | $23.2M | — |
| Q2 2025 | 2025-06-30 | −$13.3M | $19.2M | — |
| Q1 2025 | 2025-03-31 | −$24.7M | −$3.5M | — |
| Q4 2024 | 2024-12-31 | −$11.8M | −$56.7M | — |
| Q3 2024 | 2024-09-30 | −$57.0M | −$95.0M | — |
| Q2 2024 | 2024-06-30 | −$32.5M | −$103.2M | — |
| Q1 2024 | 2024-03-31 | −$21.2M | −$74.8M | — |
| Q4 2023 | 2023-12-31 | $44.8M | −$770,000 | −1.69% |
| Q3 2023 | 2023-09-30 | $38.1M | −$751,000 | −1.94% |
| Q2 2023 | 2023-06-30 | $70.6M | $21.3M | +43.15% |
| Q1 2023 | 2023-03-31 | $53.6M | $20.5M | +62.10% |
| Q4 2022 | 2022-12-31 | $45.6M | −$16.9M | −27.06% |
| Q3 2022 | 2022-09-30 | $38.8M | $7.2M | +22.86% |
| Q2 2022 | 2022-06-30 | $49.3M | −$8.5M | −14.67% |
| Q1 2022 | 2022-03-31 | $33.1M | −$56.3M | −62.98% |
| Q4 2021 | 2021-12-31 | $62.5M | −$32.7M | −34.36% |
| Q3 2021 | 2021-09-30 | $31.6M | $647.8M | — |
| Q2 2021 | 2021-06-30 | $57.8M | $425.8M | — |
| Q1 2021 | 2021-03-31 | $89.4M | $428.6M | — |
| Q4 2020 | 2020-12-31 | $95.3M | $409.1M | — |
| Q3 2020 | 2020-09-30 | −$616.3M | −$328.4M | — |
| Q2 2020 | 2020-06-30 | −$368.0M | −$106.3M | — |
| Q1 2020 | 2020-03-31 | −$339.3M | −$103.8M | — |
| Q4 2019 | 2019-12-31 | −$313.9M | — | — |
| Q3 2019 | 2019-09-30 | −$287.9M | — | — |
| Q2 2019 | 2019-06-30 | −$261.7M | — | — |
| Q1 2019 | 2019-03-31 | −$235.4M | — | — |
| Q2 2015 | 2015-06-30 | −$79.9M | −$64.2M | — |
| Q1 2015 | 2015-03-31 | −$71.1M | −$66.0M | — |
| Q4 2014 | 2014-12-31 | −$43.5M | −$70.6M | — |
| Q3 2014 | 2014-09-30 | −$30.9M | −$68.4M | — |
| Q2 2014 | 2014-06-30 | −$15.8M | −$71.7M | — |
| Q1 2014 | 2014-03-31 | −$5.1M | −$78.6M | — |
| Q4 2013 | 2013-12-31 | $27.1M | −$50.4M | −65.01% |
| Q3 2013 | 2013-09-30 | $37.4M | −$19.5M | −34.20% |
| Q2 2013 | 2013-06-30 | $55.9M | $4.6M | +8.94% |
| Q1 2013 | 2013-03-31 | $73.5M | $33.7M | +84.58% |
| Q4 2012 | 2012-12-31 | $77.5M | $17.1M | +28.36% |
| Q3 2012 | 2012-09-30 | $56.9M | $14.0M | +32.52% |
| Q2 2012 | 2012-06-30 | $51.3M | $1.9M | +3.78% |
| Q1 2012 | 2012-03-31 | $39.8M | — | — |
| Q4 2011 | 2011-12-31 | $60.4M | — | — |
| Q3 2011 | 2011-09-30 | $42.9M | — | — |
| Q2 2011 | 2011-06-30 | $49.4M | — | — |
Strategic Education net debt trends
Over the last five fiscal years, Strategic Education's net debt decreased from $95.3M to −$31.6M, a change of −$126.9M. The latest reported quarter, Q2 2026, shows −$17.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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