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Side-by-side financial comparison of Strategic Education, Inc. (STRA) and T1 Energy Inc. (TE). Click either name above to swap in a different company.
Strategic Education, Inc. is the larger business by last-quarter revenue ($305.9M vs $210.5M, roughly 1.5× T1 Energy Inc.). Strategic Education, Inc. runs the higher net margin — 10.7% vs -62.0%, a 72.7% gap on every dollar of revenue. Strategic Education, Inc. produced more free cash flow last quarter ($77.3M vs $55.0M).
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.
Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.
STRA vs TE — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $305.9M | $210.5M |
| Net Profit | $32.8M | $-130.6M |
| Gross Margin | — | 10.0% |
| Operating Margin | 13.4% | -45.0% |
| Net Margin | 10.7% | -62.0% |
| Revenue YoY | 0.8% | — |
| Net Profit YoY | 10.3% | -375.2% |
| EPS (diluted) | $1.48 | $-0.87 |
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.
| Q1 26 | $305.9M | — | ||
| Q4 25 | $323.2M | — | ||
| Q3 25 | $319.9M | $210.5M | ||
| Q2 25 | $321.5M | $132.8M | ||
| Q1 25 | $303.6M | $53.5M | ||
| Q4 24 | $311.5M | — | ||
| Q3 24 | $306.0M | $0 | ||
| Q2 24 | $312.3M | $0 |
| Q1 26 | $32.8M | — | ||
| Q4 25 | $37.9M | — | ||
| Q3 25 | $26.6M | $-130.6M | ||
| Q2 25 | $32.3M | $-31.9M | ||
| Q1 25 | $29.7M | $-16.2M | ||
| Q4 24 | $25.3M | — | ||
| Q3 24 | $27.7M | $-27.5M | ||
| Q2 24 | $29.9M | $-27.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 10.0% | ||
| Q2 25 | — | 24.7% | ||
| Q1 25 | — | 33.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 13.4% | — | ||
| Q4 25 | 16.0% | — | ||
| Q3 25 | 11.6% | -45.0% | ||
| Q2 25 | 14.2% | -22.0% | ||
| Q1 25 | 13.1% | -44.2% | ||
| Q4 24 | 11.6% | — | ||
| Q3 24 | 11.9% | — | ||
| Q2 24 | 13.4% | — |
| Q1 26 | 10.7% | — | ||
| Q4 25 | 11.7% | — | ||
| Q3 25 | 8.3% | -62.0% | ||
| Q2 25 | 10.1% | -24.0% | ||
| Q1 25 | 9.8% | -30.4% | ||
| Q4 24 | 8.1% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 9.6% | — |
| Q1 26 | $1.48 | — | ||
| Q4 25 | $1.65 | — | ||
| Q3 25 | $1.15 | $-0.87 | ||
| Q2 25 | $1.37 | $-0.21 | ||
| Q1 25 | $1.24 | $-0.11 | ||
| Q4 24 | $1.05 | — | ||
| Q3 24 | $1.15 | $-0.20 | ||
| Q2 24 | $1.24 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $150.3M | $34.1M |
| Total DebtLower is stronger | — | $547.3M |
| Stockholders' EquityBook value | $1.6B | $96.9M |
| Total Assets | $2.1B | $1.4B |
| Debt / EquityLower = less leverage | — | 5.65× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $150.3M | — | ||
| Q4 25 | $148.1M | — | ||
| Q3 25 | $172.6M | $34.1M | ||
| Q2 25 | $164.9M | $8.5M | ||
| Q1 25 | $182.6M | $48.9M | ||
| Q4 24 | $184.0M | — | ||
| Q3 24 | $222.1M | $181.9M | ||
| Q2 24 | $256.2M | $219.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $547.3M | ||
| Q2 25 | — | $591.2M | ||
| Q1 25 | — | $603.2M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.7B | $96.9M | ||
| Q2 25 | $1.7B | $183.9M | ||
| Q1 25 | $1.6B | $201.9M | ||
| Q4 24 | $1.7B | — | ||
| Q3 24 | $1.7B | $538.7M | ||
| Q2 24 | $1.7B | $561.6M |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | $1.4B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.1B | $1.4B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.2B | $615.0M | ||
| Q2 24 | $2.2B | $644.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 5.65× | ||
| Q2 25 | — | 3.21× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $87.4M | $63.9M |
| Free Cash FlowOCF − Capex | $77.3M | $55.0M |
| FCF MarginFCF / Revenue | 25.3% | 26.1% |
| Capex IntensityCapex / Revenue | — | 4.2% |
| Cash ConversionOCF / Net Profit | 2.66× | — |
| TTM Free Cash FlowTrailing 4 quarters | $173.9M | $-42.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $87.4M | — | ||
| Q4 25 | $39.2M | — | ||
| Q3 25 | $60.1M | $63.9M | ||
| Q2 25 | $31.2M | $33.4M | ||
| Q1 25 | $67.7M | $-44.8M | ||
| Q4 24 | $15.9M | — | ||
| Q3 24 | $51.5M | $-28.4M | ||
| Q2 24 | $24.3M | $-28.0M |
| Q1 26 | $77.3M | — | ||
| Q4 25 | $27.0M | — | ||
| Q3 25 | $49.3M | $55.0M | ||
| Q2 25 | $20.4M | $10.6M | ||
| Q1 25 | $57.3M | $-74.0M | ||
| Q4 24 | $4.7M | — | ||
| Q3 24 | $42.1M | $-34.0M | ||
| Q2 24 | $13.6M | $-35.6M |
| Q1 26 | 25.3% | — | ||
| Q4 25 | 8.3% | — | ||
| Q3 25 | 15.4% | 26.1% | ||
| Q2 25 | 6.3% | 8.0% | ||
| Q1 25 | 18.9% | -138.4% | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 4.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.8% | — | ||
| Q3 25 | 3.4% | 4.2% | ||
| Q2 25 | 3.4% | 17.2% | ||
| Q1 25 | 3.4% | 54.5% | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 3.4% | — |
| Q1 26 | 2.66× | — | ||
| Q4 25 | 1.03× | — | ||
| Q3 25 | 2.26× | — | ||
| Q2 25 | 0.97× | — | ||
| Q1 25 | 2.27× | — | ||
| Q4 24 | 0.63× | — | ||
| Q3 24 | 1.86× | — | ||
| Q2 24 | 0.81× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
STRA
| U.S. Higher Education | $212.6M | 69% |
| Australia/New Zealand | $51.8M | 17% |
| Education Technology Services | $41.5M | 14% |
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
