Filing Flows › Strategic Education (STRA) › Operating margin
Strategic Education (STRA) operating margin by quarter
Strategic Education's operating margin was 15.0% in Q2 2026 (second quarter 2026), +1.5 pts from Q1 2026. Over the last 6 quarters it ranged from 11.6% (Q3 2025) to 16.0% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 15.0% | +1.5 pts | +0.7 pts |
| Q1 2026 | 13.4% | -2.5 pts | +0.3 pts |
| Q4 2025 | 16.0% | +4.4 pts | — |
| Q3 2025 | 11.6% | -2.7 pts | — |
| Q2 2025 | 14.2% | +1.1 pts | — |
| Q1 2025 | 13.1% | — | — |
Q2 2026 at a glance
Strategic Education, Q2 2026: revenue $337M (+5% year over year), operating margin 15.0%, net earnings $37.2M, operating cash flow $29.2M. The chart follows the revenue to costs, profit and cash.
Questions
What is Strategic Education's operating margin?
Strategic Education's operating margin was 15.0% in Q2 2026 (second quarter 2026), +1.5 pts from Q1 2026.
How has Strategic Education's operating margin changed?
Over the last 6 quarters it ranged from 11.6% (Q3 2025) to 16.0% (Q4 2025).