Strategic Education, Inc. · NASDAQ:STRA
Strategic Education — Q2 2025 Earnings Presentation
11 slides from Strategic Education's earnings presentation, Jul 30, 2025
Slide 1: Investor Presentation
I N V E S T O R P R E S E N TAT I O N J U LY 2 0 2 5
Slide 2: Forward-looking statements
Forward-looking statements Statements Under the Private Securities Litigation Reform Act of 1995 Statements in this presentation are “forward-looking statements” under the federal securities laws. Such statements may be identified by the use of words such as “expect,” “estimate,” “assume,” “believe,
Slide 3: SEI is a global leader in digital education
SEI is a global leader in digital education We own the best education assets in the markets we serve Mission driven We are dedicated to enabling economic mobility with education. Student centric Our students’ best interests are at the center of everything we do. ANZ Quality focused Disciplined execu
Slide 4: SEI's broad, deep, innovative and flexible portfolio
SEI’s broad, deep, innovative and flexible portfolio Employer Technology that growth disseminates opportunities Skills-based learning products International Flagship brands Current U.S. revenue drivers S T R A T E G I C E D U C A T I O N I N C | 4
Slide 5: Strategic Education Overview
Strategic Education Overview Headquartered in Herndon, VA, with Q2 2025 revenue of $324 million* significant presence in Minneapolis, MN, Australia, and New Zealand USHE: $216 million ANZ: $71 million ETS: $37 million Total enrollment of 104,863 students* ANZ enrollments 18,524 Strong balance sheet
Slide 6: Financial Results
Financial Results S T R A T E G I C E D U C A T I O N I N C | 6
Slide 7: Q2 2025 Highlights – Constant Currency
Q2 2025 Highlights – Constant Currency Strategic Education Financial Performance Segments* (YoY) Consolidated2 U.S. Higher Education Education Technology Services Australia/New Zealand2 $323.5 million $215.6 million $36.7 million $71.2 million Revenue +3.6% -0.5% +49.6% +0.1% Adjusted Total Costs an
Slide 8: Q2 2025 Highlights - Current Currency
Q2 2025 Highlights - Current Currency Strategic Education Segments Education Technology Enrollment Performance (YoY) Consolidated U.S. Higher Education Services Australia/New Zealand3 Total Enrollment 104,863 -1.2% 86,339 -0.8% NA1 18,524 -3.1% Financial Performance (YoY) $321.5 million $215.6 milli
Slide 9: Segment Reporting
Segment Reporting Segment Description Education Technology Services Enterprise Partnerships, Sophia Learning, and Workforce Edge Capella University and Strayer University, including the Jack U.S. Higher Education Welch Management Institute, Devmountain, and Hackbright Academy Australia/New Zealand T
Slide 10: Non-GAAP financial measures
Non-GAAP financial measures These materials report certain financial measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States of America ("GAAP"). We discuss management’s reasons for reporting these non-GAAP measures below, and
Slide 11: Investor Presentation
I N V E S T O R P R E S E N TAT I O N J U LY 2 0 2 5