Strategic Education Quarterly Cash Flow Statement
NASDAQ: STRAReal EstateOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Strategic Education free cash flow
In the quarter ended Jun 30, 2026, Strategic Education generated $29.2 million of operating cash flow and spent $14.1 million on capital expenditures. That left free cash flow of $15.0 million, a free-cash-flow margin of 4.5% of revenue. Free cash flow was down 26.2% from the prior year's $20.4 million.
Strategic Education returned $46.1 million to shareholders: $13.3 million in dividends and $32.8 million in share repurchases, equal to 306% of free cash flow. Free cash flow covered dividend payments 1.1 times.
Summary generated from market data by MetaCap's automated system. Methodology
Strategic Education cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 37.16M | 32.81M | 37.91M | 26.63M | 32.33M | 29.74M | 25.34M | 27.75M | 29.90M | 29.70M | 39.13M | 18.46M |
| Net Income growth (YoY) | +14.93% | +10.30% | +49.63% | -4.03% | +8.14% | +0.14% | -35.25% | +50.32% | +110.09% | — | +113.48% | +203.00% |
| Depreciation & Amortization | 11.20M | 10.93M | 13.25M | 11.96M | 12.00M | 11.20M | 11.35M | 10.81M | 11.16M | 11.07M | 12.43M | 14.69M |
| Stock-Based Compensation | 4.87M | 5.39M | 5.76M | 5.87M | 5.86M | 5.47M | 6.78M | 6.89M | 6.57M | 5.33M | 4.57M | 4.08M |
| Change in Working Capital | -11.76M | 30.66M | -20.36M | 10.74M | -5.66M | 10.84M | -32.08M | 8.31M | -11.94M | 26.59M | -35.86M | 9.99M |
| Operating Cash Flow | 29.18M | 87.37M | 39.20M | 60.14M | 31.21M | 67.66M | 15.90M | 51.49M | 24.30M | 77.63M | 29.95M | 46.44M |
| Capital Expenditures | -14.13M | -10.07M | -12.24M | -10.86M | -10.83M | -10.32M | -11.23M | -9.42M | -10.74M | -9.19M | -9.63M | -9.52M |
| Investing Cash Flow | -11.70M | -10.18M | 9.04M | 4.09M | -2.93M | -1.70M | -49.19M | -8.96M | -5.21M | -1.00M | -18.08M | -6.71M |
| Dividends Paid | -13.35M | -13.58M | -14.16M | -14.17M | -14.42M | -14.80M | -14.71M | -14.76M | -14.77M | -14.73M | -14.64M | -14.67M |
| Share Repurchases | -32.75M | -39.99M | -44.58M | -34.28M | -28.01M | -32.02M | -6.51M | -5.00M | 0 | 0 | 0 | 0 |
| Financing Cash Flow | -46.10M | -66.08M | -58.73M | -48.99M | -42.33M | -56.09M | -22.72M | -81.03M | -14.60M | -18.42M | -14.54M | -54.63M |
| Net Change in Cash | -28.67M | 11.31M | -11.00M | 15.53M | -11.60M | 9.93M | -60.97M | -36.47M | 6.26M | 55.90M | 480.00K | -16.64M |
| Free Cash Flow | 15.04M | 77.31M | 26.95M | 49.28M | 20.38M | 57.34M | 4.67M | 42.07M | 13.56M | 68.44M | 20.32M | 36.91M |
This table shows 12 quarterly periods of Strategic Education's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow STRA's reporting calendar. What is a cash flow statement?