Strategic Education(STRA) - 2025 Q2 - Earnings Call Presentation

Financial Performance - Strategic Education's Q2 2025 revenue reached $323.5 million, a 3.6% increase year-over-year on a constant currency basis[16] - Adjusted operating income for Q2 2025 was $49.1 million, up 11.7% year-over-year[16] - Adjusted net income for Q2 2025 increased by 12.3% to $36.2 million[16] - Adjusted diluted earnings per share for Q2 2025 rose by 15.8% to $1.54[16] - The company holds a strong balance sheet with $180 million in cash, cash equivalents, and marketable securities as of June 30, 2025[12] - Free cash flow for the six months ended June 30, 2025, was $78 million[12] Segment Performance - U.S Higher Education revenue was $215.6 million, a decrease of 0.5% year-over-year[16] - Education Technology Services revenue increased significantly by 49.6% to $36.7 million[16] - Australia/New Zealand (ANZ) revenue was $71.2 million, a slight increase of 0.1% year-over-year on a constant currency basis[16] Enrollment - Total enrollment reached 104,863 students in Q2 2025[10] - U.S Higher Education enrollments accounted for 86,339 students[10] - ANZ enrollments totaled 18,524 students[10]