Strategic Education, Inc.

STRA · NASDAQ
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Operating Activities
Net Income$26,630$32,331$29,744$25,336
Dep. & Amort.$11,962-$11,123$11,195$11,345
Deferred Tax$2,921-$3,080$3,076$2,122
Stock-Based Comp.$5,868$5,856$5,471$6,782
Change in WC$9,041-$16,677$18,071-$30,367
Other Non-Cash$3,716$23,901$99$687
Operating Cash Flow$60,138$31,208$67,656$15,905
Investing Activities
PP&E Inv.-$10,858-$10,833-$10,318-$11,234
Net Acquisitions-$20-$16$0-$14
Inv. Purchases-$34-$79-$25,725-$39,438
Inv. Sales/Matur.$15,000$8,233$34,342$1,500
Other Inv. Act.$0-$231$0$0
Investing Cash Flow$4,088-$2,926-$1,701-$49,186
Financing Activities
Debt Repay.$0$0$0$0
Stock Issued$0$0$0$0
Stock Repurch.-$34,284-$28,007-$32,025-$6,510
Dividends Paid-$14,172-$14,418-$14,797-$14,709
Other Fin. Act.-$538$91-$9,273-$1,502
Financing Cash Flow-$48,994-$42,334-$56,095-$22,721
Forex Effect$296$2,451$68-$4,963
Net Chg. in Cash$15,528-$11,601$9,928-$60,965
Supplemental Information
Beg. Cash$144,983$156,584$146,656$207,621
End Cash$160,511$144,983$156,584$146,656
Free Cash Flow$49,280$20,375$57,338$4,671