STRA | Strategic Education, Inc. Stock Financials Income Statements Annual

(Stock Exchange: NASDAQ)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31
Revenue	1.13B	1.07B	1.13B	1.03B	997.14M	634.18M	454.85M	441.09M	434.44M	446.04M	503.60M	561.98M	627.43M	636.73M	511.96M	396.27M	318.01M	263.65M	220.51M	183.19M	147.03M	116.71M	92.88M	78.21M	69.80M	62.90M	53.10M	45.00M
Cost of Revenue	623.90M	597.32M	608.26M	532.66M	530.60M	340.08M	245.18M	241.03M	234.10M	236.30M	310.45M	300.10M	292.00M	205.21M	166.60M	130.84M	108.85M	91.12M	76.98M	63.86M	53.12M	41.60M	33.70M	28.19M	25.10M	22.40M	19.70M	16.80M
Gross Profit	509.02M	468.16M	523.42M	494.99M	466.53M	294.11M	209.67M	200.06M	200.34M	209.74M	193.15M	261.88M	335.43M	431.52M	345.36M	265.44M	209.16M	172.53M	143.53M	119.33M	93.91M	75.11M	59.18M	50.03M	44.70M	40.50M	33.40M	28.20M
Operating Expenses	413.70M	394.17M	412.84M	359.46M	334.08M	251.19M	157.47M	142.59M	130.64M	127.99M	160.45M	148.29M	156.29M	215.75M	173.00M	269.42M	129.62M	92.99M	68.67M	53.85M	41.01M	33.88M	25.67M	19.10M	17.20M	14.30M	12.70M	12.20M
Selling, General & Admin	384.44M	379.82M	361.35M	295.23M	272.41M	194.03M	137.97M	124.76M	114.34M	111.33M	140.06M	121.92M	156.29M	215.75M	173.00M	138.59M	111.60M	92.99M	68.67M	53.85M	42.78M	33.88M	25.67M	19.10M	17.20M	14.30M	12.70M	11.20M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	29.26M	14.35M	51.49M	64.22M	61.67M	3.60M	19.49M	17.83M	16.30M	16.66M	20.39M	26.37M	N/A	N/A	N/A	N/A	18.02M	N/A	N/A	N/A	-1.77M	N/A	N/A	N/A	N/A	N/A	N/A	1.00M
Operating Income	95.32M	70.76M	147.26M	161.69M	154.38M	-22.74M	52.21M	57.47M	69.70M	81.75M	32.70M	113.59M	179.14M	215.77M	172.35M	126.85M	79.54M	79.54M	74.86M	65.48M	52.90M	41.23M	33.51M	30.93M	27.50M	26.20M	20.70M	16.00M
Other Expenses / Income	5.41M	-1.19M	2.69M	4.57M	13.19M	3.60M	437.00K	-180.00K	-3.57M	-5.13M	-5.42M	-4.61M	-3.62M	1.23M	1.41M	4.53M	6.50M	4.54M	2.98M	1.59M	2.42M	1.28M	3.79M	4.76M	4.30M	3.20M	2.70M	1.00M
Before Tax Income	100.73M	69.57M	76.60M	113.96M	123.72M	-19.14M	52.65M	57.29M	66.13M	76.62M	27.28M	108.97M	175.52M	217.00M	173.76M	131.38M	104.05M	84.08M	77.85M	67.08M	55.32M	42.51M	37.30M	35.68M	31.80M	29.40M	23.40M	17.00M
Income Tax Expenses	30.93M	22.90M	21.51M	27.69M	42.59M	-3.47M	32.03M	22.49M	26.11M	30.26M	10.86M	43.05M	69.48M	85.74M	68.68M	50.57M	39.12M	31.77M	29.78M	25.84M	21.65M	16.73M	14.49M	13.97M	12.50M	11.40M	9.00M	2.70M
Net Income	69.79M	46.67M	55.09M	86.27M	81.14M	-15.67M	20.61M	34.80M	40.02M	46.36M	16.43M	65.93M	106.04M	131.26M	105.08M	80.81M	64.94M	52.31M	48.06M	41.24M	33.67M	25.78M	22.81M	21.71M	19.30M	17.90M	14.40M	14.30M
Interest Expenses	7.20M	7.66M	3.60M	1.40M	N/A	N/A	642.00K	642.00K	3.85M	5.25M	5.42M	4.62M	3.77M	1.23M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	23.40M	23.68M	23.95M	22.63M	21.73M	15.19M	10.68M	10.61M	10.59M	10.56M	10.58M	11.39M	11.91M	13.43M	13.70M	14.02M	14.25M	14.19M	14.47M	13.67M	10.69M	8.62M	10.97M	15.29M	15.44M	15.57M	15.00M	16.44M
Diluted Shares Outstanding	23.96M	24.00M	24.12M	22.86M	22.10M	15.19M	11.20M	10.85M	10.74M	10.65M	10.62M	11.44M	11.94M	13.54M	13.82M	14.24M	14.52M	14.49M	14.74M	15.06M	14.86M	14.52M	14.74M	15.40M	15.69M	15.98M	15.48M	16.44M
EBITDA	167.45M	137.12M	214.00M	244.69M	237.32M	97.46M	75.31M	72.28M	88.22M	102.38M	122.66M	137.56M	200.82M	231.57M	172.35M	126.85M	112.58M	91.14M	84.47M	72.45M	52.90M	44.78M	36.15M	32.99M	29.40M	27.90M	21.90M	17.00M
EBITDA Margin	14.78%	12.87%	18.91%	23.81%	23.80%	15.37%	16.56%	16.39%	20.31%	22.95%	24.36%	24.48%	32.01%	36.37%	33.67%	32.01%	35.40%	34.57%	38.30%	39.55%	35.98%	38.37%	38.92%	42.18%	42.12%	44.36%	41.24%	37.78%
EBIT	107.93M	77.22M	80.20M	115.36M	123.72M	-19.14M	53.29M	57.93M	69.98M	81.86M	32.70M	113.59M	179.29M	218.23M	173.76M	131.38M	104.05M	84.08M	77.85M	67.08M	55.32M	42.51M	37.30M	35.68M	31.80M	29.30M	23.40M	17.00M
EBIT Margin	9.53%	7.25%	7.09%	11.23%	12.41%	-3.02%	11.72%	13.13%	16.11%	18.35%	6.49%	20.21%	28.58%	34.27%	33.94%	33.15%	32.72%	31.89%	35.30%	36.62%	37.63%	36.43%	40.16%	45.62%	45.56%	46.58%	44.07%	37.78%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31