Strategic Education, Inc. Reports First Quarter 2026 Results

Education Technology Services revenue up 21% YOY and operating income up 42% YOY Sophia Learning subscribers up 40% YOY and revenue up 32% YOY Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced financial results for the period ended March 31, 2026. STRATEGIC EDUCATION CONSOLIDATED RESULTS Three Months Ended March 31 Revenue increased 0.8% to $305.9 million compared to $303.6 million for the same period in 2025, driven by strength within the Education Technology Services segment and favorable foreign currency impacts. Revenue on a constant currency basis, which is a non-GAAP financial measure, decreased 1.0% to $300.4 million in the first quarter of 2026 compared to $303.6 million for the same period in 2025. 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 $41.1 million or 13.4% of revenue, compared to $39.8