← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $441.1m | $454.9m | $634.2m | $997.1m | $1.0b | $1.1b | $1.1b | $1.1b | $1.2b | $1.3b | |
| Operating Costs and Expenses | — | — | $340.1m | $530.6m | $532.7m | $608.3m | $597.3m | $623.9m | $650.5m | $647.1m | |
| Operating Income (Loss) | $57.5m | $52.2m | ($22.7m) | $110.5m | $109.4m | $73.9m | $70.8m | $95.3m | $155.6m | $174.2m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | $0 | $25.7m | $61.7m | $64.2m | $51.5m | $14.3m | $11.5m | $0 | $0 | |
| Goodwill, Impairment Loss | — | — | $13.9m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Equity Method Investments | — | — | — | $2.3m | $1.9m | $4.9m | $348k | $3.0m | ($2.7m) | ($4.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $57.3m | $52.6m | ($19.1m) | $123.7m | $114.0m | $76.6m | $69.6m | $100.7m | $161.4m | $177.4m | |
| Net Income (Loss) Attributable to Parent | $34.8m | $20.6m | ($15.7m) | $81.1m | $86.3m | $55.1m | $46.7m | $69.8m | $112.7m | $126.6m | |
| Earnings Per Share, Basic | $3.28 | $1.93 | ($1.03) | $3.73 | $3.81 | $2.30 | $1.97 | $2.98 | $4.81 | $5.57 | |
| Earnings Per Share, Diluted | $3.21 | $1.84 | ($1.03) | $3.67 | $3.77 | $2.28 | $1.94 | $2.91 | $4.67 | $5.41 | |
| Common Stock, Dividends, Per Share, Declared | $3.28 | $1.93 | $1.50 | $2.10 | $2.40 | $2.40 | $2.40 | $2.40 | $2.40 | $2.40 | |
| Weighted Average Number of Shares Outstanding, Basic | 10.6m | 10.7m | 15.2m | 21.7m | 22.6m | 24.0m | 23.7m | 23.4m | 23.4m | 22.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 10.8m | 11.2m | 15.2m | 22.1m | 22.9m | 24.1m | 24.0m | 24.0m | 24.1m | 23.4m | |
| Other Nonoperating Income (Expense) | — | — | $3.6m | $13.2m | $4.6m | $2.7m | ($1.2m) | $5.4m | $5.8m | $3.2m | |
| Costs and Expenses | $383.6m | $402.6m | $656.9m | $886.6m | $918.3m | $1.1b | $994.7m | $1.0b | $1.1b | $1.1b | |
| General and Administrative Expense | $45.7m | $55.4m | $57.1m | $272.4m | $295.2m | $361.3m | $379.8m | $384.4m | $412.2m | $425.0m | |
| Interest Expense | $642k | $642k | — | — | — | — | — | — | — | — | |
| Selling and Marketing Expense | $79.0m | $82.6m | $137.0m | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $22.5m | $32.0m | ($3.5m) | $42.6m | $27.7m | $21.5m | $22.9m | $30.9m | $48.7m | $50.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.