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Side-by-side financial comparison of Pacira BioSciences, Inc. (PCRX) and Strategic Education, Inc. (STRA). Click either name above to swap in a different company.

Strategic Education, Inc. is the larger business by last-quarter revenue ($305.9M vs $177.4M, roughly 1.7× Pacira BioSciences, Inc.). Strategic Education, Inc. runs the higher net margin — 10.7% vs 1.6%, a 9.1% gap on every dollar of revenue. On growth, Pacira BioSciences, Inc. posted the faster year-over-year revenue change (5.0% vs 0.8%). Over the past eight quarters, Pacira BioSciences, Inc.'s revenue compounded faster (-0.2% CAGR vs -1.0%).

Pacira BioSciences, Inc. is a specialty pharmaceutical company focused on developing and commercializing non-opioid pain management solutions. Its core product line targets post-surgical pain relief for patients, serving hospitals, ambulatory surgery centers and other healthcare providers primarily in the U.S., with ongoing expansion efforts in select international markets.

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.

PCRX vs STRA — Head-to-Head

Bigger by revenue
STRA
STRA
1.7× larger
STRA
$305.9M
$177.4M
PCRX
Growing faster (revenue YoY)
PCRX
PCRX
+4.2% gap
PCRX
5.0%
0.8%
STRA
Higher net margin
STRA
STRA
9.1% more per $
STRA
10.7%
1.6%
PCRX
Faster 2-yr revenue CAGR
PCRX
PCRX
Annualised
PCRX
-0.2%
-1.0%
STRA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PCRX
PCRX
STRA
STRA
Revenue
$177.4M
$305.9M
Net Profit
$2.9M
$32.8M
Gross Margin
Operating Margin
3.9%
13.4%
Net Margin
1.6%
10.7%
Revenue YoY
5.0%
0.8%
Net Profit YoY
10.3%
EPS (diluted)
$0.07
$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
PCRX
PCRX
STRA
STRA
Q1 26
$177.4M
$305.9M
Q4 25
$196.9M
$323.2M
Q3 25
$179.5M
$319.9M
Q2 25
$181.1M
$321.5M
Q1 25
$168.9M
$303.6M
Q4 24
$187.3M
$311.5M
Q3 24
$168.6M
$306.0M
Q2 24
$178.0M
$312.3M
Net Profit
PCRX
PCRX
STRA
STRA
Q1 26
$2.9M
$32.8M
Q4 25
$37.9M
Q3 25
$5.4M
$26.6M
Q2 25
$-4.8M
$32.3M
Q1 25
$4.8M
$29.7M
Q4 24
$25.3M
Q3 24
$-143.5M
$27.7M
Q2 24
$18.9M
$29.9M
Gross Margin
PCRX
PCRX
STRA
STRA
Q1 26
Q4 25
79.5%
Q3 25
80.9%
Q2 25
77.4%
Q1 25
79.7%
Q4 24
78.7%
Q3 24
76.9%
Q2 24
75.1%
Operating Margin
PCRX
PCRX
STRA
STRA
Q1 26
3.9%
13.4%
Q4 25
1.2%
16.0%
Q3 25
3.5%
11.6%
Q2 25
4.7%
14.2%
Q1 25
1.2%
13.1%
Q4 24
13.2%
11.6%
Q3 24
-82.8%
11.9%
Q2 24
15.9%
13.4%
Net Margin
PCRX
PCRX
STRA
STRA
Q1 26
1.6%
10.7%
Q4 25
11.7%
Q3 25
3.0%
8.3%
Q2 25
-2.7%
10.1%
Q1 25
2.8%
9.8%
Q4 24
8.1%
Q3 24
-85.1%
9.1%
Q2 24
10.6%
9.6%
EPS (diluted)
PCRX
PCRX
STRA
STRA
Q1 26
$0.07
$1.48
Q4 25
$0.05
$1.65
Q3 25
$0.12
$1.15
Q2 25
$-0.11
$1.37
Q1 25
$0.10
$1.24
Q4 24
$0.38
$1.05
Q3 24
$-3.11
$1.15
Q2 24
$0.39
$1.24

Balance Sheet & Financial Strength

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

Metric
PCRX
PCRX
STRA
STRA
Cash + ST InvestmentsLiquidity on hand
$144.3M
$150.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$653.9M
$1.6B
Total Assets
$1.2B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCRX
PCRX
STRA
STRA
Q1 26
$144.3M
$150.3M
Q4 25
$238.4M
$148.1M
Q3 25
$246.3M
$172.6M
Q2 25
$445.9M
$164.9M
Q1 25
$493.6M
$182.6M
Q4 24
$484.6M
$184.0M
Q3 24
$453.8M
$222.1M
Q2 24
$404.2M
$256.2M
Total Debt
PCRX
PCRX
STRA
STRA
Q1 26
Q4 25
$372.2M
Q3 25
$376.7M
Q2 25
$580.5M
Q1 25
$583.4M
Q4 24
$585.3M
Q3 24
Q2 24
Stockholders' Equity
PCRX
PCRX
STRA
STRA
Q1 26
$653.9M
$1.6B
Q4 25
$693.1M
$1.6B
Q3 25
$727.2M
$1.7B
Q2 25
$757.8M
$1.7B
Q1 25
$798.5M
$1.6B
Q4 24
$778.3M
$1.7B
Q3 24
$749.6M
$1.7B
Q2 24
$879.3M
$1.7B
Total Assets
PCRX
PCRX
STRA
STRA
Q1 26
$1.2B
$2.1B
Q4 25
$1.3B
$2.0B
Q3 25
$1.3B
$2.1B
Q2 25
$1.5B
$2.1B
Q1 25
$1.6B
$2.1B
Q4 24
$1.6B
$2.0B
Q3 24
$1.5B
$2.2B
Q2 24
$1.6B
$2.2B
Debt / Equity
PCRX
PCRX
STRA
STRA
Q1 26
Q4 25
0.54×
Q3 25
0.52×
Q2 25
0.77×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PCRX
PCRX
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
PCRX
PCRX
STRA
STRA
Q1 26
$87.4M
Q4 25
$43.7M
$39.2M
Q3 25
$60.8M
$60.1M
Q2 25
$12.0M
$31.2M
Q1 25
$35.5M
$67.7M
Q4 24
$33.1M
$15.9M
Q3 24
$53.9M
$51.5M
Q2 24
$53.2M
$24.3M
Free Cash Flow
PCRX
PCRX
STRA
STRA
Q1 26
$77.3M
Q4 25
$43.5M
$27.0M
Q3 25
$57.0M
$49.3M
Q2 25
$9.3M
$20.4M
Q1 25
$26.9M
$57.3M
Q4 24
$31.0M
$4.7M
Q3 24
$49.8M
$42.1M
Q2 24
$51.6M
$13.6M
FCF Margin
PCRX
PCRX
STRA
STRA
Q1 26
25.3%
Q4 25
22.1%
8.3%
Q3 25
31.7%
15.4%
Q2 25
5.1%
6.3%
Q1 25
15.9%
18.9%
Q4 24
16.6%
1.5%
Q3 24
29.6%
13.8%
Q2 24
29.0%
4.3%
Capex Intensity
PCRX
PCRX
STRA
STRA
Q1 26
Q4 25
0.1%
3.8%
Q3 25
2.2%
3.4%
Q2 25
1.5%
3.4%
Q1 25
5.1%
3.4%
Q4 24
1.1%
3.6%
Q3 24
2.4%
3.1%
Q2 24
0.9%
3.4%
Cash Conversion
PCRX
PCRX
STRA
STRA
Q1 26
2.66×
Q4 25
1.03×
Q3 25
11.20×
2.26×
Q2 25
0.97×
Q1 25
7.37×
2.27×
Q4 24
0.63×
Q3 24
1.86×
Q2 24
2.82×
0.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCRX
PCRX

EXPAREL$143.3M81%
ZILRETTA$26.8M15%
iovera°$6.2M3%
Bupivacaine liposome injectable suspension$1.2M1%

STRA
STRA

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

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