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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Strategic Education, Inc. (STRA). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $305.9M, roughly 1.1× Strategic Education, Inc.). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 10.7%, a 17.5% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs 0.8%). Over the past eight quarters, FULTON FINANCIAL CORP's revenue compounded faster (0.2% CAGR vs -1.0%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

Strategic Education, Inc. (SEI) is an education services holding company and is formerly known as Strayer Education, Inc. The company owns for-profit, online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning.

FULT vs STRA — Head-to-Head

Bigger by revenue
FULT
FULT
1.1× larger
FULT
$336.2M
$305.9M
STRA
Growing faster (revenue YoY)
FULT
FULT
+3.4% gap
FULT
4.2%
0.8%
STRA
Higher net margin
FULT
FULT
17.5% more per $
FULT
28.2%
10.7%
STRA
Faster 2-yr revenue CAGR
FULT
FULT
Annualised
FULT
0.2%
-1.0%
STRA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FULT
FULT
STRA
STRA
Revenue
$336.2M
$305.9M
Net Profit
$94.8M
$32.8M
Gross Margin
Operating Margin
13.4%
Net Margin
28.2%
10.7%
Revenue YoY
4.2%
0.8%
Net Profit YoY
1.9%
10.3%
EPS (diluted)
$0.55
$1.48

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
STRA
STRA
Q1 26
$336.2M
$305.9M
Q4 25
$336.0M
$323.2M
Q3 25
$334.6M
$319.9M
Q2 25
$324.1M
$321.5M
Q1 25
$318.4M
$303.6M
Q4 24
$319.6M
$311.5M
Q3 24
$317.7M
$306.0M
Q2 24
$334.7M
$312.3M
Net Profit
FULT
FULT
STRA
STRA
Q1 26
$94.8M
$32.8M
Q4 25
$99.0M
$37.9M
Q3 25
$100.5M
$26.6M
Q2 25
$99.2M
$32.3M
Q1 25
$93.0M
$29.7M
Q4 24
$68.6M
$25.3M
Q3 24
$63.2M
$27.7M
Q2 24
$95.0M
$29.9M
Operating Margin
FULT
FULT
STRA
STRA
Q1 26
13.4%
Q4 25
35.7%
16.0%
Q3 25
38.2%
11.6%
Q2 25
37.8%
14.2%
Q1 25
36.1%
13.1%
Q4 24
27.0%
11.6%
Q3 24
25.1%
11.9%
Q2 24
30.8%
13.4%
Net Margin
FULT
FULT
STRA
STRA
Q1 26
28.2%
10.7%
Q4 25
29.5%
11.7%
Q3 25
30.0%
8.3%
Q2 25
30.6%
10.1%
Q1 25
29.2%
9.8%
Q4 24
21.5%
8.1%
Q3 24
19.9%
9.1%
Q2 24
28.4%
9.6%
EPS (diluted)
FULT
FULT
STRA
STRA
Q1 26
$0.55
$1.48
Q4 25
$0.53
$1.65
Q3 25
$0.53
$1.15
Q2 25
$0.53
$1.37
Q1 25
$0.49
$1.24
Q4 24
$0.36
$1.05
Q3 24
$0.33
$1.15
Q2 24
$0.52
$1.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
STRA
STRA
Cash + ST InvestmentsLiquidity on hand
$150.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$1.6B
Total Assets
$32.2B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
STRA
STRA
Q1 26
$150.3M
Q4 25
$148.1M
Q3 25
$172.6M
Q2 25
$164.9M
Q1 25
$182.6M
Q4 24
$184.0M
Q3 24
$222.1M
Q2 24
$256.2M
Stockholders' Equity
FULT
FULT
STRA
STRA
Q1 26
$3.5B
$1.6B
Q4 25
$3.5B
$1.6B
Q3 25
$3.4B
$1.7B
Q2 25
$3.3B
$1.7B
Q1 25
$3.3B
$1.6B
Q4 24
$3.2B
$1.7B
Q3 24
$3.2B
$1.7B
Q2 24
$3.1B
$1.7B
Total Assets
FULT
FULT
STRA
STRA
Q1 26
$32.2B
$2.1B
Q4 25
$32.1B
$2.0B
Q3 25
$32.0B
$2.1B
Q2 25
$32.0B
$2.1B
Q1 25
$32.1B
$2.1B
Q4 24
$32.1B
$2.0B
Q3 24
$32.2B
$2.2B
Q2 24
$31.8B
$2.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
STRA
STRA
Operating Cash FlowLast quarter
$87.4M
Free Cash FlowOCF − Capex
$77.3M
FCF MarginFCF / Revenue
25.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.66×
TTM Free Cash FlowTrailing 4 quarters
$173.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
STRA
STRA
Q1 26
$87.4M
Q4 25
$304.5M
$39.2M
Q3 25
$116.1M
$60.1M
Q2 25
$91.7M
$31.2M
Q1 25
$703.0K
$67.7M
Q4 24
$416.6M
$15.9M
Q3 24
$-22.0M
$51.5M
Q2 24
$157.8M
$24.3M
Free Cash Flow
FULT
FULT
STRA
STRA
Q1 26
$77.3M
Q4 25
$27.0M
Q3 25
$49.3M
Q2 25
$20.4M
Q1 25
$57.3M
Q4 24
$4.7M
Q3 24
$42.1M
Q2 24
$13.6M
FCF Margin
FULT
FULT
STRA
STRA
Q1 26
25.3%
Q4 25
8.3%
Q3 25
15.4%
Q2 25
6.3%
Q1 25
18.9%
Q4 24
1.5%
Q3 24
13.8%
Q2 24
4.3%
Capex Intensity
FULT
FULT
STRA
STRA
Q1 26
Q4 25
3.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
3.4%
Q4 24
3.6%
Q3 24
3.1%
Q2 24
3.4%
Cash Conversion
FULT
FULT
STRA
STRA
Q1 26
2.66×
Q4 25
3.08×
1.03×
Q3 25
1.16×
2.26×
Q2 25
0.92×
0.97×
Q1 25
0.01×
2.27×
Q4 24
6.07×
0.63×
Q3 24
-0.35×
1.86×
Q2 24
1.66×
0.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

STRA
STRA

U.S. Higher Education$212.6M69%
Australia/New Zealand$51.8M17%
Education Technology Services$41.5M14%

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