PRDO · Perdoceo Education Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $221.74M | - | $211.87M | $209.58M | $213.00M | - | $169.83M | $166.74M | $168.26M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $102.21M | - | $101.76M | $97.79M | $100.93M | - | $93.69M | $89.31M | $87.48M | - |
| Total Operating Expenses | $158.62M | - | $160.91M | $158.18M | $161.28M | - | $125.03M | $120.73M | $121.99M | - |
| D&A | $9.35M | - | $10.02M | $10.15M | $11.81M | - | $3.05M | $3.07M | $3.02M | - |
| Operating Income | $63.12M | - | $50.96M | $51.40M | $51.73M | - | $44.79M | $46.01M | $46.28M | - |
| Interest Expense | $1.53M | - | $1.59M | $1.61M | $335.0K | - | $82.0K | $112.0K | $335.0K | - |
| Income Tax | $14.18M | - | $16.17M | $15.21M | $12.82M | - | $14.11M | $14.59M | $13.41M | - |
| Net Income | $53.95M | - | $39.85M | $41.03M | $43.69M | - | $38.26M | $38.43M | $39.44M | - |
| EPS - Basic | $0.86 | - | $0.62 | $0.63 | $0.67 | - | $0.58 | $0.59 | $0.60 | - |
| EPS - Diluted | $0.85 | - | $0.60 | $0.62 | $0.65 | - | $0.57 | $0.57 | $0.59 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $164.31M | $110.97M | $159.47M | $172.07M | $132.06M | $109.13M | $238.05M | $127.85M | $125.81M | $118.01M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $3.28M | $4.05M | $4.02M | $2.63M | $3.25M | $3.39M | $3.87M | $4.47M | $4.25M | $5.00M |
| Accounts Payable | $18.66M | $14.27M | $20.22M | $16.64M | $13.37M | $12.80M | $13.65M | $13.27M | $11.83M | $10.77M |
| Current Assets | $747.35M | $696.86M | $736.15M | $721.21M | $686.00M | $640.15M | $773.52M | $732.48M | $706.02M | $654.96M |
| Total Assets | $1.29B | $1.25B | $1.30B | $1.29B | $1.27B | $1.24B | $1.12B | $1.08B | $1.05B | $1.01B |
| Current Liabilities | $155.18M | $137.81M | $164.64M | $168.80M | $153.96M | $132.16M | $141.17M | $134.86M | $142.51M | $111.04M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $999.91M | $972.41M | $997.85M | $984.63M | $970.25M | $959.54M | $935.43M | $899.52M | $866.11M | $841.42M |
| Retained Earnings | $762.68M | $718.37M | $692.76M | $662.86M | $630.54M | $595.67M | $573.03M | $543.61M | $512.62M | $480.61M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $69.39M | - | - | - | $65.13M | - | - | - | $54.49M | - |
| Investing Cash Flow | ($7.06M) | - | - | - | $1.18M | - | - | - | ($30.80M) | - |
| Financing Cash Flow | ($29.49M) | - | - | - | ($44.41M) | - | - | - | ($15.88M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 28.5% | - | 24.1% | 24.5% | 24.3% | - | 26.4% | 27.6% | 27.5% | - |
| EBITDA margin | 32.7% | - | 28.8% | 29.4% | 29.8% | - | 28.2% | 29.4% | 29.3% | - |
| Net margin | 24.3% | - | 18.8% | 19.6% | 20.5% | - | 22.5% | 23.0% | 23.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 46.1% | - | 48.0% | 46.7% | 47.4% | - | 55.2% | 53.6% | 52.0% | - |
| Effective tax rate | 20.8% | - | 28.9% | 27.0% | 22.7% | - | 26.9% | 27.5% | 25.4% | - |
| Return on assets | 4.2% | - | 3.1% | 3.2% | 3.4% | - | 3.4% | 3.6% | 3.7% | - |
| Return on equity | 5.4% | - | 4.0% | 4.2% | 4.5% | - | 4.1% | 4.3% | 4.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.82 | 5.06 | 4.47 | 4.27 | 4.46 | 4.84 | 5.48 | 5.43 | 4.95 | 5.90 |
| Quick ratio | 4.79 | 5.03 | 4.45 | 4.26 | 4.43 | 4.82 | 5.45 | 5.40 | 4.92 | 5.85 |
| Cash ratio | 1.06 | 0.81 | 0.97 | 1.02 | 0.86 | 0.83 | 1.69 | 0.95 | 0.88 | 1.06 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 41.4x | - | 32.0x | 31.9x | 154.4x | - | 546.3x | 410.8x | 138.1x | - |
| Equity multiplier | 1.29 | 1.28 | 1.30 | 1.31 | 1.31 | 1.29 | 1.19 | 1.20 | 1.21 | 1.20 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.16 | 0.16 | 0.17 | - | 0.15 | 0.15 | 0.16 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 43.8x | - | 62.8x | 52.7x | 38.7x | - | 39.0x | 37.6x | 29.8x | - |
| P / B | 2.4x | - | 2.5x | 2.2x | 1.7x | - | 1.6x | 1.6x | 1.4x | - |
| P / S | 10.6x | - | 11.7x | 10.4x | 7.9x | - | 8.8x | 8.6x | 7.0x | - |
| EV / EBITDA | 30.3x | - | 38.2x | 32.6x | 24.4x | - | 26.3x | 26.7x | 21.3x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.1% | - | 24.8% | 25.7% | 26.6% | - | -5.6% | -10.6% | -14.0% | - |
| Revenue CAGR (3y) | 4.3% | - | 8.0% | 7.7% | 5.2% | - | -0.8% | -1.7% | -2.9% | - |
| Revenue CAGR (5y) | 3.8% | - | 4.6% | 3.6% | 4.5% | - | 1.8% | 1.3% | 1.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 22.0% | - | 13.8% | 11.7% | 11.8% | - | 4.0% | -4.3% | 6.8% | - |
| Net income growth (YoY) | 23.5% | - | 4.2% | 6.8% | 10.8% | - | -7.4% | -29.7% | 14.4% | - |
| EPS growth (YoY) | 30.8% | - | 5.3% | 8.8% | 10.2% | - | -8.1% | -28.8% | 18.0% | - |
| EPS CAGR (3y) | 19.3% | - | 23.3% | 18.8% | 12.2% | - | 13.5% | 15.5% | 11.1% | - |
| EPS CAGR (5y) | 14.6% | - | 1.4% | 9.2% | 9.7% | - | 17.9% | - | 11.0% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.1% | 1.3% | 6.7% | 9.5% | 12.0% | 14.0% | 12.7% | 13.5% | 13.8% | 15.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$462.30M totalUniversity Group$461.60M · 99.8%
Corporate And Other$698.0K · 0.2%
Product / service
$846.10M totalTuition And Fees Net$841.40M · 99.4%
Product And Service Other$4.69M · 0.6%
Peer comparison
Same SIC group: Services-Educational Services
Comparing PERDOCEO EDUCATION Corp against the 5 most active filers in the same SIC group.
Dividends
$0.60/share trailing 12 months · +15.4% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.1500 |
| Mar 2, 2026 | $0.1500 |
| Nov 28, 2025 | $0.1500 |
| Sep 2, 2025 | $0.1500 |
| May 30, 2025 | $0.1300 |
| Feb 28, 2025 | $0.1300 |
| Dec 2, 2024 | $0.1300 |
| Aug 30, 2024 | $0.1300 |
| May 31, 2024 | $0.1100 |
| Feb 29, 2024 | $0.1100 |
| Nov 30, 2023 | $0.1100 |
| Aug 31, 2023 | $0.1100 |