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Press release February 26, 2026

Strategic Education, Inc. Reports Fourth Quarter 2025 Results

Strategic Education, Inc. (STRA)

Education Technology Services revenue up 28% YOY and operating income up 18% YOY Sophia Learning subscribers up 47% YOY and revenue up 41% YOY Technology and AI-enabled productivity initiatives contributed to 35% operating income growth Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced financial results for the period ended December 31, 2025. STRATEGIC EDUCATION CONSOLIDATED RESULTS Year Ended December 31 Revenue increased 4.0% to $1,268.2 million compared to $1,219.9 million in 2024, driven by strength within the Education Technology Services segment. Revenue on a constant currency basis, which is a non-GAAP financial measure, increased 4.4% to $1,274.0 million in 2025 compared to $1,219.9 million in 2024. For more details on non-GAAP financial measures used in this press release, refer to the information in the Non-GAAP Financial Measures section of this press release. Income from operations was $174.2 million or 13.7% of revenue, compared to $155.6
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