Strategic Education annual operating margin
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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% | −3.01 pp |
| 2015 | 2015-12-31 | 16.04% | −2.28 pp |
| 2014 | 2014-12-31 | 18.33% | +11.83 pp |
| 2013 | 2013-12-31 | 6.49% | −13.72 pp |
| 2012 | 2012-12-31 | 20.21% | −8.34 pp |
| 2011 | 2011-12-31 | 28.55% | −5.34 pp |
| 2010 | 2010-12-31 | 33.89% | +0.22 pp |
| 2009 | 2009-12-31 | 33.67% | +1.65 pp |
| 2008 | 2008-12-31 | 32.01% | — |
Strategic Education quarterly operating margin
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| 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% | −6.63 pp |
| Q3 2017 | 2017-09-30 | 7.58% | +2.85 pp |
| Q2 2017 | 2017-06-30 | 12.29% | +0.40 pp |
| Q1 2017 | 2017-03-31 | 16.05% | −2.02 pp |
| Q4 2016 | 2016-12-31 | 16.48% | −2.58 pp |
| Q3 2016 | 2016-09-30 | 4.73% | −2.59 pp |
| Q2 2016 | 2016-06-30 | 11.89% | −7.18 pp |
| Q1 2016 | 2016-03-31 | 18.07% | +0.32 pp |
| Q4 2015 | 2015-12-31 | 19.05% | −0.44 pp |
| Q3 2015 | 2015-09-30 | 7.32% | −1.83 pp |
| Q2 2015 | 2015-06-30 | 19.07% | −2.22 pp |
| Q1 2015 | 2015-03-31 | 17.75% | −4.50 pp |
| Q4 2014 | 2014-12-31 | 19.49% | +43.75 pp |
| Q3 2014 | 2014-09-30 | 9.15% | +3.13 pp |
| Q2 2014 | 2014-06-30 | 21.28% | +1.39 pp |
| Q1 2014 | 2014-03-31 | 22.25% | +0.49 pp |
| Q4 2013 | 2013-12-31 | −24.25% | −44.49 pp |
| Q3 2013 | 2013-09-30 | 6.02% | −0.29 pp |
| Q2 2013 | 2013-06-30 | 19.89% | −4.83 pp |
| Q1 2013 | 2013-03-31 | 21.76% | −5.57 pp |
| Q4 2012 | 2012-12-31 | 20.24% | −8.88 pp |
| Q3 2012 | 2012-09-30 | 6.31% | −11.66 pp |
| Q2 2012 | 2012-06-30 | 24.73% | −5.89 pp |
| Q1 2012 | 2012-03-31 | 27.32% | −7.12 pp |
| Q4 2011 | 2011-12-31 | 29.12% | −5.14 pp |
| Q3 2011 | 2011-09-30 | 17.96% | −7.95 pp |
| Q2 2011 | 2011-06-30 | 30.62% | −6.23 pp |
| Q1 2011 | 2011-03-31 | 34.44% | −3.51 pp |
| Q4 2010 | 2010-12-31 | 34.26% | — |
| Q3 2010 | 2010-09-30 | 25.91% | +2.08 pp |
| Q2 2010 | 2010-06-30 | 36.85% | +1.05 pp |
| Q1 2010 | 2010-03-31 | 37.95% | — |
| Q3 2009 | 2009-09-30 | 23.84% | — |
| Q2 2009 | 2009-06-30 | 35.80% | — |
Strategic Education operating margin trends
Over the last five 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.
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