Strategic Education, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $129.2m $155.9m $311.7m $419.7m $187.5m $268.9m $213.7m $168.5m $137.1m $140.8m
Assets, Current $160.5m $190.3m $420.4m $524.1m $286.1m $367.8m $329.1m $329.1m $304.9m $277.9m
Property, Plant and Equipment, Net $73.1m $73.8m $122.7m $117.0m $158.9m $150.6m $132.8m $118.5m $111.2m $107.4m
Goodwill $20.7m $20.7m $732.5m $732.1m $1.3b $1.3b $1.3b $1.3b $1.2b $1.2b
Intangible Assets, Net (Excluding Goodwill) $328.3m $273.0m $326.4m $276.4m $260.5m $251.6m $245.1m $249.2m
Operating Lease, Right-of-Use Asset $84.8m $120.7m $149.6m $125.2m $119.2m $103.7m $91.1m
Other Assets, Noncurrent $13.2m $12.0m $19.4m $21.8m $54.9m $52.3m $49.7m $54.4m $62.9m $65.5m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $20.5m $23.1m $55.7m $51.5m $50.2m $51.3m $63.0m $76.1m $76.1m $78.2m
Assets $298.7m $321.3m $1.7b $1.8b $2.3b $2.3b $2.2b $2.1b $2.0b $2.0b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $25.3m $34.8m $27.0m $23.9m $24.2m $22.2m $15.9m
Operating Lease, Liability, Noncurrent $80.6m $106.2m $162.8m $134.0m $127.7m $103.0m $93.2m
Deferred Revenue, Current $16.7m $21.9m
Deferred Revenue, Noncurrent $18.0m $21.0m
Long-term Debt, Excluding Current Maturities $141.8m $141.6m $101.4m $61.4m $0
Liabilities, Current $59.8m $69.1m $125.1m $156.7m $200.1m $195.8m $209.9m $209.6m $216.5m $217.9m
Deferred Income Tax Liabilities, Net $59.4m $47.9m $53.4m $44.6m $34.6m $28.3m $27.6m $35.8m
Other Liabilities, Noncurrent $1.3m $1.8m $46.1m $47.1m $46.0m $45.6m $40.2m $45.1m
Deferred Tax Liabilities, Net $59.4m $47.9m $53.4m $44.6m $34.6m $28.3m $27.6m $35.8m
Liabilities $110.3m $112.1m $235.8m $326.7m $547.5m $591.9m $526.0m $472.7m $387.2m $392.1m
Stockholders’ equity:
Common Stock, Value, Issued $111k $112k $217k $220k $244k $246k $244k $244k $245k $230k
Retained Earnings (Accumulated Deficit) $152.8m $162.0m $118.3m $152.8m $179.6m $174.6m $159.7m $168.9m $218.4m $255.5m
Accumulated Other Comprehensive Income (Loss), Net of Tax $32k $233k $48.9m $9.2m ($35.1m) ($34.2m) ($88.6m) ($46.1m)
Additional Paid in Capital, Common Stock $35.5m $47.1m $1.3b $1.3b $1.5b $1.5b $1.5b $1.5b $1.5b $1.4b
Stockholders' Equity Attributable to Parent $188.4m $209.2m $1.4b $1.5b $1.7b $1.7b $1.6b $1.7b $1.7b $1.6b
Liabilities and Equity $298.7m $321.3m $1.7b $1.8b $2.3b $2.3b $2.2b $2.1b $2.0b $2.0b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.