---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000331"
form_type: "8-K"
ticker: "STRA"
cik: "0001013934"
company_name: "Strategic Education, Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T03:59:37.162313+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Strategic Education Q4 revenue down 0.8% to $269.9M; adjusted operating income falls 28%

## Summary
- Revenue $269.9M, down 0.8% YoY from $272.1M.
- Income from operations $27.6M (10.2% margin), flat vs prior year.
- Adjusted income from operations $27.2M, down from $37.8M; adjusted margin 10.1% vs 13.9%.
- CEO cites progress toward growth and focus on diversified portfolio.

## SEC filing metadata
- accession: 0001157523-23-000331
- form_type: 8-K
- ticker: STRA
- cik: 0001013934
- company_name: Strategic Education, Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013934/000115752323000331/0001157523-23-000331-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013934/000115752323000331/a53335282.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000331
- JSON: https://secwatch.observer/filing/0001157523-23-000331.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000331.txt

## Key facts
- Earnings Releases
  Strategic Education, Inc. reported the period ended December 31, 2022 results: revenue $269.9 million.
  - Period: the period ended December 31, 2022
  - Revenue: $269.9 million
  - Result: reported results
  source text: Revenue decreased 0.8% to $269.9 million compared to $272.1 million for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013934/000115752323000331/0001157523-23-000331-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.