Strategic Education annual operating margin
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Strategic Education Operating Margin Growth & History (STRA)
Strategic Education's operating margin was 13.74% for fiscal 2025.
View full Strategic Education company overviewStrategic Education annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.74% | +0.98 pp |
| 2024 | 2024-12-31 | 12.76% | +4.34 pp |
| 2023 | 2023-12-31 | 8.41% | +1.77 pp |
| 2022 | 2022-12-31 | 6.64% | +0.11 pp |
| 2021 | 2021-12-31 | 6.53% | −4.11 pp |
| 2020 | 2020-12-31 | 10.64% | −0.44 pp |
| 2019 | 2019-12-31 | 11.08% | +14.67 pp |
| 2018 | 2018-12-31 | −3.59% | −15.06 pp |
| 2017 | 2017-12-31 | 11.48% | −1.55 pp |
| 2016 | 2016-12-31 | 13.03% | — |
Strategic Education quarterly operating margin
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Q2.17
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Q4.17
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Q2.19
Q3.19
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Q3.20
Q4.20
Q1.21
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.97% | +0.73 pp |
| Q1 2026 | 2026-03-31 | 13.43% | +0.32 pp |
| Q4 2025 | 2025-12-31 | 15.98% | +4.41 pp |
| Q3 2025 | 2025-09-30 | 11.58% | −0.30 pp |
| Q2 2025 | 2025-06-30 | 14.23% | +0.81 pp |
| Q1 2025 | 2025-03-31 | 13.11% | −1.14 pp |
| Q4 2024 | 2024-12-31 | 11.57% | −6.35 pp |
| Q3 2024 | 2024-09-30 | 11.87% | +2.91 pp |
| Q2 2024 | 2024-06-30 | 13.43% | +7.58 pp |
| Q1 2024 | 2024-03-31 | 14.25% | +14.77 pp |
| Q4 2023 | 2023-12-31 | 17.91% | +7.67 pp |
| Q3 2023 | 2023-09-30 | 8.96% | +6.00 pp |
| Q2 2023 | 2023-06-30 | 5.85% | −2.15 pp |
| Q1 2023 | 2023-03-31 | −0.53% | −5.72 pp |
| Q4 2022 | 2022-12-31 | 10.24% | +0.00 pp |
| Q3 2022 | 2022-09-30 | 2.97% | +0.25 pp |
| Q2 2022 | 2022-06-30 | 7.99% | −0.93 pp |
| Q1 2022 | 2022-03-31 | 5.19% | +1.06 pp |
| Q4 2021 | 2021-12-31 | 10.24% | +8.89 pp |
| Q3 2021 | 2021-09-30 | 2.72% | −3.73 pp |
| Q2 2021 | 2021-06-30 | 8.92% | −9.21 pp |
| Q1 2021 | 2021-03-31 | 4.13% | −12.44 pp |
| Q4 2020 | 2020-12-31 | 1.35% | −12.76 pp |
| Q3 2020 | 2020-09-30 | 6.45% | −1.82 pp |
| Q2 2020 | 2020-06-30 | 18.14% | +6.88 pp |
| Q1 2020 | 2020-03-31 | 16.57% | +6.13 pp |
| Q4 2019 | 2019-12-31 | 14.11% | +6.31 pp |
| Q3 2019 | 2019-09-30 | 8.27% | +43.77 pp |
| Q2 2019 | 2019-06-30 | 11.26% | +7.61 pp |
| Q1 2019 | 2019-03-31 | 10.43% | +0.71 pp |
| Q4 2018 | 2018-12-31 | 7.80% | −2.05 pp |
| Q3 2018 | 2018-09-30 | −35.49% | −43.07 pp |
| Q2 2018 | 2018-06-30 | 3.65% | −8.64 pp |
| Q1 2018 | 2018-03-31 | 9.73% | −6.32 pp |
| Q4 2017 | 2017-12-31 | 9.85% | — |
| Q3 2017 | 2017-09-30 | 7.58% | — |
| Q2 2017 | 2017-06-30 | 12.29% | — |
| Q1 2017 | 2017-03-31 | 16.05% | — |
Strategic Education operating margin trends
Over the last five reported fiscal years, Strategic Education's operating margin increased from 10.64% to 13.74%, a change of +3.09 percentage points. The latest reported quarter, Q2 2026, shows 14.97%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Strategic Education filings at SEC.gov ↗