Strategic Education
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Strategic Education's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $1,132,924,000. The net income raised on $69,791,000 and profit margin reached 6%. Total operating expenses were $413,700,000.
Profit Margin
| 2014 | 446.04M | 46.35M | 10.39% |
|---|---|---|---|
| 2015 | 434.43M | 40.02M | 9.21% |
| 2016 | 441.08M | 34.80M | 7.89% |
| 2017 | 454.85M | 20.61M | 4.53% |
| 2018 | 634.18M | -15.67M | -2.47% |
| 2019 | 997.13M | 81.13M | 8.14% |
| 2020 | 1.02B | 86.26M | 8.39% |
| 2021 | 1.13B | 55.08M | 4.87% |
| 2022 | 1.06B | 46.67M | 4.38% |
| 2023 | 1.13B | 69.79M | 6.16% |
STRA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.13B | 1.06B | 1.13B | 1.02B | 997.13M | 634.18M | 454.85M | 441.08M | 434.43M | 446.04M |
Cost of revenue | 623.90M | 597.32M | 608.26M | 532.66M | 530.60M | 340.07M | 245.17M | 241.02M | 234.09M | 236.30M |
Gross profit | 509.02M | 468.15M | 523.42M | 494.99M | 466.53M | 294.10M | 209.67M | 200.06M | 200.34M | 209.73M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 185M | 181.3M | 165.1M | 161.5M | 149.8M | 136.97M | 82.57M | 79.02M | 70.08M | 66.49M |
Total operating expenses | 413.7M | 394.16M | 412.84M | 359.45M | 334.07M | 251.19M | 157.46M | 142.59M | 130.64M | 127.99M |
Operating income | 95.32M | 70.76M | 147.25M | 161.68M | 154.37M | -22.74M | 52.20M | 57.47M | 69.69M | 81.74M |
Other income (expenses), net | 5.40M | -1.19M | -70.65M | 4.57M | -30.65M | -62.05M | 437K | 462K | -3.56M | -5.13M |
Income before tax | 100.72M | 69.56M | 76.59M | 113.95M | 123.72M | -19.13M | 52.64M | 57.29M | 66.13M | 76.61M |
Income tax expense | 30.93M | 22.89M | 21.51M | 27.68M | 42.58M | -3.46M | 32.03M | 22.49M | 26.10M | 30.26M |
Net income | 69.79M | 46.67M | 55.08M | 86.26M | 81.13M | -15.67M | 20.61M | 34.80M | 40.02M | 46.35M |
Earnings per share | ||||||||||
Basic EPS | 2.98 | 1.97 | 2.3 | 3.81 | 3.73 | -1.03 | 1.93 | 3.28 | 3.78 | 4.39 |
Diluted EPS | 2.91 | 1.94 | 2.28 | 3.77 | 3.67 | -1.03 | 1.84 | 3.21 | 3.73 | 4.35 |
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