Business
Strategic Education, Inc. Reports Fourth Quarter 2025 Results
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
About this update from Strategic Education, Inc.
[{"type":"text","content":"\nEducation Technology Services revenue up 28% YOY and operating income up 18% YOY\n\n\nSophia Learning subscribers up 47% YOY and revenue up 41% YOY\n\n\nTechnology and AI-enabled productivity initiatives contributed to 35% operating income growth\n\n\n HERNDON, Va.--(BUSINESS WIRE)--\nStrategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced financial results for the period ended December 31, 2025.\n\n\nSTRATEGIC EDUCATION CONSOLIDATED RESULTS\n\n\nYear Ended December 31\n\n\n\nRevenue 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.\n\n\n\nIncome from operations was $174.2 million or 13.7% of revenue, compared to $155.6 million or 12.8% of revenue in 2024. Adjusted income from operations on a constant currency basis, which is a non-GAAP financial measure, was $197.0 million in 2025 compared to $157.3 million in 2024. Adjusted income from operations excludes one-time charges associated with restructuring activities conducted during the year. Technology and AI-enabled productivity initiatives contributed to margin performance in 2025. The adjusted operating income margin on a constant currency basis, which is a non-GAAP financial measure, was 15.5% compared to 12.9% in 2024.\n\n\n\nNet income was $126.6 million in 2025 compared to $112.7 million in 2024. Adjusted net income on a constant currency basis, which is a non-GAAP financial measure, was $145.3 million compared to $117.7 million in 2024.\n\n\n\nAdjusted EBITDA, which is a non-GAAP financial measure, was $273.2 million compared to $233.8 million in 2024.\n\n\n\nDiluted earnings per share was $5.41 compared to $4.67 in 2024. Adjusted diluted earnings per share on a constant currency basis, which is a non-GAAP financial measure, increased to $6.21 from $4.87 in 2024. Diluted weighted average shares outstanding decreased to 23,402,000 from 24,140,000 in 2024. During the year ended December 31, 2025, the Company repurchased 1,708,368 shares of ...