Strategic Education, Inc. · NASDAQ:STRA
Strategic Education — Q3 2025 Earnings Presentation
10 slides from Strategic Education's earnings presentation, Nov 6, 2025
Slide 1: Investor Presentation November 2025
I N V E S T O R P R E S E N TAT I O N NOVEMBER 2025
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 Q3 2025 revenue of $321.7 million* significant presence in Minneapolis, MN, Australia, and New Zealand USHE: $213.1 million ANZ: $70.3 million ETS: $38.3 million Total enrollment of 104,448 students* ANZ enrollments 18,808 Strong balanc
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: Q3 2025 Highlights – Constant Currency
Q3 2025 Highlights – Constant Currency Strategic Education Financial Performance Segments (YoY) Consolidated2 U.S. Higher Education Education Technology Services Australia/New Zealand2 $321.7 million $213.1 million $38.3 million $70.3 million Revenue +5.1% +2.6% +45.6% -2.3% Adjusted Total Costs and
Slide 8: Q3 2025 Highlights - Current Currency
Q3 2025 Highlights - Current Currency Strategic Education Segments Education Technology Enrollment Performance (YoY) Consolidated U.S. Higher Education Services Australia/New Zealand3 Total Enrollment 104,448 -1.2% 85,640 -1.0% NA1 18,808 -2.1% Financial Performance (YoY) $319.9 million $213.1 milli
Slide 9: 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 10: Investor Presentation November 2025
I N V E S T O R P R E S E N TAT I O N NOVEMBER 2025