How did STRA's revenue and expenses trend in Q4 2024?

Strategic Education (STRA) exhibited robust revenue growth and effective expense management in Q4 2024, underscoring its strong financial performance in the period.

1. **Revenue Trend**: STRA's revenue by business segment reached $857.89 million, with significant contributions from the United States Higher Education and Australia/New Zealand segments at $643.56 million and $257.12 million, respectively. The Education Technology Services segment also contributed $104.92 million, highlighting the diversified revenue streams and geographic expansion efforts of the company.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|STRA|STRA.O|Strategic Education|20240101-2024|Education Technology Services|1.04921E8|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Education Technology Services|7.4463E7|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Education Technology Services|4.8162E7|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Restructuring Costs|0|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Restructuring Costs|0|185|
|STRA|STRA.O|Strategic Education|20240101-2024|United States Higher Education|2.19236E8|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Education Technology Services|2.3639E7|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Australia/New Zealand|4.7375E7|185|
|STRA|STRA.O|Strategic Education|20240101-2024|Merger and Integration Costs|0|185|

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|STRA|STRA.O|Strategic Education|2024 Q1|1564.595660749507|2.9702E7|185|
|STRA|STRA.O|Strategic Education|2024 Q2|110.09064717869438|2.9898E7|185|
|STRA|STRA.O|Strategic Education|2024 Q3|50.322335987864996|2.7748E7|185|
|STRA|STRA.O|Strategic Education|2024 Q4|-35.25007028035472|2.5336E7|185|

2. **Expense Management**: The company's net income stood at $25.34 million, which, while not directly related to operating, R&D, and marketing expenses, reflects the efficiency of these functions in generating profit. The absence of specific data for operating, R&D, and sales and marketing expenses in the provided report prevents a detailed analysis of expense trends. However, the net income figure indicates that these functions are performing well in terms of cost control and efficiency.
3. **Segment Performance**: The United States Higher Education segment remained the cornerstone of STRA's revenue, with contributions from Australia/New Zealand and Education Technology Services segments. This diversity in revenue sources strengthens STRA's financial position and mitigates risks associated with market fluctuations in any single segment.

In conclusion, STRA's Q4 2024 financials reflect a company that is not only growing its top line but also managing its expenses effectively to enhance profitability. The absence of specific expense data prevents a detailed analysis, but the net income figure is a positive indicator of operational efficiency. The company's strategic segmentation of its business is a key factor in its successful revenue growth.