Strategic Education shares outstanding STRA
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 21.7M
- On a year earlier
- −7.6%
- fewer shares
Strategic Education had 21.7M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 7.6% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 22.8M | −5% |
| FY2024 | 24.1M | +1% |
| FY2023 | 24M | +0% |
| FY2022 | 23.9M | −1% |
| FY2021 | 24.1M | −0% |
| FY2020 | 24.1M | +9% |
| FY2019 | 22.1M | +4% |
| FY2018 | 21.3M | +99% |
| FY2017 | 10.7M | −2% |
| FY2016 | 11M | +2% |
| FY2015 | 10.8M | +0% |
| FY2014 | 10.7M | +2% |
| FY2013 | 10.5M | −7% |
| FY2012 | 11.3M | −3% |
| FY2011 | 11.6M | −12% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 21.7M | −8% | |
| Q1 FY26 | 22.2M | −8% | |
| Q4 FY25 | 22.8M | −5% | |
| Q3 FY25 | 23.2M | −4% | |
| Q2 FY25 | 23.5M | −3% | |
| Q1 FY25 | 24.1M | +0% | |
| Q4 FY24 | 24.1M | +1% | |
| Q3 FY24 | 24.2M | +1% | |
| Q2 FY24 | 24.2M | +1% | |
| Q1 FY24 | 24.1M | +3% | |
| Q4 FY23 | 24M | +0% | |
| Q3 FY23 | 23.9M | −0% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Strategic Education
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.