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Perdoceo Education Corp. (PRDO)

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Perdoceo Education Corp. (PRDO) reported revenue of $213 million for Q2 FY2026, the quarter ended 30 June 2026, up 1.8% on the same quarter a year earlier. Net income was $48 million, up 16.9% on the year, and diluted earnings per share $0.75. The figures are the company's own, from the 10-Q it filed with the SEC on 6 August 2026.

Revenue$213 millionup 1.8%
Net income$48 millionup 16.9%
Diluted EPS$0.75
QuarterQ2 FY2026ended 30 June 2026

Perdoceo Education (PRDO) in brief

Perdoceo Education (PRDO) reported revenue of $846 million for fiscal 2025, the year ended 31 December 2025, up 24.2% on the year before.
Read moreNet income was $160 million and diluted earnings per share $2.42. Revenue was $681 million in fiscal 2024, $710 million in fiscal 2023, $695 million in fiscal 2022 and $693 million in fiscal 2021. Net income in the same years was $148 million, $148 million, $96 million and $110 million. Over the twelve months to 30 June 2026, Perdoceo Education reported revenue of $859 million and net income of $177 million. Revenue grew 4.2% a year, compounded, over the five years to fiscal 2025. Perdoceo Education declared $0.56 a share in dividends over the last four quarters and had 63 million shares outstanding at the latest filed count. At 30 September 2024 it carried $0 million of debt and $163 million of cash. At the close of 9 October 2026 the market cap of Perdoceo Education was $2.1 billion, 12.3 times its earnings over the last twelve months.

Ratios

From the filings

ROE17.1%
ROCE20.4%
Operating margin24.6%
Net margin20.6%
FCF margin25.4%
Interest cover34.07
Debt to equity0.00
Cash conversion1.27
Share count, 1 year-3.7%
Sales CAGR, 3 years6.8%
Profit CAGR, 3 years18.6%
EPS, TTM$2.74

At the close of 9 October 2026

Price$33.72
Market cap$2.1 billion
Stock P/E12.31
Price to book2.04
EV / EBITDA7.81
Dividend yield1.7%
Market cap / sales2.46
52-week high$37.95
52-week low$27.41
Price, 1 year-3.1%
Price CAGR, 3 years24.0%
Price CAGR, 5 years24.5%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Perdoceo Education Corp.'s balance sheet of 30 September 2024 shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
PRDOgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on PRDO

Filings16 in twelve months: 8 current reports (8-K), about 4 results of operations; 2 regulation FD disclosure; 2 officer or director change; 1 material agreement; 1 shareholder vote
Planned insider sales20 Form 144 notices in twelve months, $16.6 million; latest 15 September 2026
Options tapeput/call 2.55 by open interest at the 9 October 2026 close; the straddle prices a 10.8% move to 16 October 2026
13F holders6 of the followed funds hold it; largest Renaissance Technologies; 5 Schedule 13D or 13G filings in twelve months
Insider trading21 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.3 million shares short, 5.01 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023 †Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue180148168167170176213210212212222213
Operating income43.115.946.346.044.837.251.751.451.041.963.154.9
Operating margin24%11%28%28%26%21%24%25%24%20%28%26%
Interest expense0.10.10.30.10.10.11.71.61.61.61.51.5
Net income41.317.239.438.438.331.543.741.039.935.354.048.0
Net margin23%12%23%23%23%18%21%20%19%17%24%22%
Diluted EPS$0.62$0.26$0.59$0.57$0.57$0.47$0.65$0.62$0.60$0.54$0.85$0.75
Operating cash flow32.613.254.538.551.017.665.178.841.240.169.474.6
Capital expenditure1.21.61.20.81.01.61.72.81.92.21.71.5
Free cash flow31.411.653.337.750.016.063.476.039.437.967.673.1
Buybacks0.05.66.80.00.00.025.220.920.654.18.16.8
Dividends paidn/an/a7.2n/an/an/an/an/an/an/an/an/a
Shares outstanding66m66m66m66m66m66m66m65m64m62m63m63m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014 †FY2015 †FY2016 †FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue914847704596581628687693695710681846859
Operating income-139-92.2-32.334.171.386.5143149130150174196211
Operating margin-15.2%-10.9%-4.6%5.7%12.3%13.8%20.8%21.5%18.6%21.2%25.6%23.2%24.6%
Interest expense0.50.80.60.50.70.20.20.90.40.40.66.56.2
Pre-tax income-139-94.4n/an/an/an/an/an/an/an/an/an/an/a
Income tax3.7-147-16.667.118.622.422.539.438.444.553.956.955.3
Net income-17851.9-18.7-31.955.270.012411095.9148148160177
Net margin-19.5%6.1%-2.7%-5.3%9.5%11.1%18.1%15.8%13.8%20.8%21.7%18.9%20.6%
Diluted EPS-$2.65$0.76-$0.27-$0.46$0.77$0.97$1.74$1.55$1.39$2.18$2.19$2.42$2.74
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Tuition and Fees, Net70367684199.4%
Other7.15.24.70.6%
Tuition and Fees, NetOther
710FY2023681FY2024846FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014 †FY2015 †FY2016 †FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-119-21.26.5-21.857.073.1180191148112162225225
Capital expenditure13.211.74.16.36.75.29.810.512.66.44.68.67.4
Free cash flow-132-32.92.3-28.150.367.9170181136106157217218
Free cash flow margin-14.4%-3.9%0.3%-4.7%8.6%10.8%24.8%26.1%19.5%14.9%23.0%25.6%25.4%
Cash from investing-108-8.0-34.4-11.6-41.57.7-16654.3-327-88.5-108-53.6-112
Cash from financing1.029.0-37.81.5-1.7-4.8-13.1-29.9-27.7-23.4-41.1-171-143
Depreciation and amortisation55.524.922.714.09.49.114.816.819.716.914.641.638.4
Share-based compensation4.32.93.25.05.69.313.415.08.88.110.211.712.4
Buybacksn/an/an/an/an/a3.917.925.323.18.36.812189.7
Dividends paidn/an/an/an/an/an/an/an/an/a14.4n/an/an/a
Dividend per sharen/an/an/an/an/an/an/an/an/a$0.22$0.48$0.56n/a
Diluted shares, weighted67m68m68m69m71m72m71m71m69m68m67m66m64m
Shares outstanding at period end68m68m69m69m70m70m70m69m67m66m66m62m63m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 †FY2015 †FY2016 †FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity2823383222963554315566507268419609721,033
Short-term borrowings10.038.0n/an/an/an/an/an/an/an/an/an/an/a
Debtn/an/an/an/an/an/an/an/a0.00.0n/an/an/a
Operating lease liabilitiesn/an/an/an/an/a52.443.435.527.321.350.243.839.2
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/a11.66.13.2
Other liabilities282235238151127115122162204145216225259
Total liabilities and equity5746115604474825997228479571,0071,2371,2481,334
Owned
Fixed assets11658.240.533.230.026.027.828.426.021.495.583.378.6
Goodwill87.487.487.487.487.487.4118163244241258266266
Intangible assets28.29.38.57.97.97.915.532.253.636.295.077.969.6
Investments123115148156196185301174399485460511571
Cash and equivalents93.866.949.518.132.4109106320109118109111163
Receivables31.431.622.818.928.855.0n/an/an/an/an/an/an/a
Inventory5.03.41.91.10.80.60.60.91.95.03.44.02.6
Other assets89.223920112498.9128153129124100216195184
Total assets5746115604474825997228479571,0071,2371,2481,334
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded-0.0%4.2%6.8%11.7%
Profit growth, compounded11.9%5.2%18.6%14.7%
Return on equity, average11.7%15.9%16.5%16.4%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Perdoceo Education's revenue in fiscal 2025?

Perdoceo Education (PRDO) reported revenue of $846 million for fiscal 2025, the year ended 31 December 2025, up 24.2% on the year before.

How much did Perdoceo Education earn in fiscal 2025?

Net income was $160 million for fiscal 2025, and diluted earnings per share $2.42.

What is Perdoceo Education's P/E ratio?

At the close of 9 October 2026, Perdoceo Education traded at 12.3 times its earnings over the twelve months to 30 June 2026.

What is Perdoceo Education's market cap?

The market cap of Perdoceo Education was $2.1 billion at the close of 9 October 2026.

Does Perdoceo Education pay a dividend?

Yes. Perdoceo Education declared $0.56 a share in dividends over the four quarters to 30 June 2026.

Peers: Personal Services

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Laureate Education, Inc. LAUR$5.4 billion17.9528.2%24.4%17.9%0.14n/a
Graham Holdings Co. GHC$5.1 billion9.4611.4%5.1%4.8%0.190.6%
Unifirst Corp. UNF$4.8 billion41.145.3%5.8%1.4%0.00n/a
Covista Inc. CVSA$4.4 billion18.3817.4%19.6%9.3%0.460.0%
Grand Canyon Education, Inc. LOPE$4.2 billion19.3333.5%24.5%7.0%0.00n/a
Avis Budget Group, Inc. CAR$3.7 billionn/an/a-4.6%0.4%n/a9.5%
Stride, Inc. LRN$3.5 billion11.8720.7%17.9%4.7%0.26n/a
Bright Horizons Family Solutions Inc. BFAM$3.4 billion22.0018.6%10.3%8.5%1.14n/a
Perdoceo Education Corp. PRDO$2.1 billion12.3117.1%24.6%11.7%0.001.7%
Strategic Education, Inc. STRA$1.8 billion13.738.2%14.0%3.5%0.002.9%
Universal Technical Institute Inc. UTI$1.1 billion33.2810.0%5.0%9.1%0.460.0%
Yelp Inc. YELP$1.0 billion8.8919.6%11.7%1.5%0.16n/a
All 15 in Personal Services
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Service Corp. International SCI$10.5 billion20.0835.0%22.4%2.9%3.451.7%
Ryder System Inc. R$9.1 billion19.4117.2%n/a1.1%1.911.4%
Laureate Education, Inc. LAUR$5.4 billion17.9528.2%24.4%17.9%0.14n/a
H&R Block Inc. HRB$5.4 billion7.70624.4%23.0%4.9%12.693.8%
Graham Holdings Co. GHC$5.1 billion9.4611.4%5.1%4.8%0.190.6%
Unifirst Corp. UNF$4.8 billion41.145.3%5.8%1.4%0.00n/a
Covista Inc. CVSA$4.4 billion18.3817.4%19.6%9.3%0.460.0%
Grand Canyon Education, Inc. LOPE$4.2 billion19.3333.5%24.5%7.0%0.00n/a
Avis Budget Group, Inc. CAR$3.7 billionn/an/a-4.6%0.4%n/a9.5%
Stride, Inc. LRN$3.5 billion11.8720.7%17.9%4.7%0.26n/a
Bright Horizons Family Solutions Inc. BFAM$3.4 billion22.0018.6%10.3%8.5%1.14n/a
Perdoceo Education Corp. PRDO$2.1 billion12.3117.1%24.6%11.7%0.001.7%
Strategic Education, Inc. STRA$1.8 billion13.738.2%14.0%3.5%0.002.9%
Universal Technical Institute Inc. UTI$1.1 billion33.2810.0%5.0%9.1%0.460.0%
Yelp Inc. YELP$1.0 billion8.8919.6%11.7%1.5%0.16n/a
7 companies share its SEC industry code (Services-Educational Services); the rest are the names nearest in size in its wider industry, Personal Services, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20266 August 2026EDGAR
10-Q31 March 20267 May 2026EDGAR
10-K31 December 202519 February 2026EDGAR
10-Q30 September 20254 November 2025EDGAR
10-Q30 June 202531 July 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-K31 December 202418 February 2025EDGAR
10-Q30 September 202412 November 2024EDGAR
10-Q30 June 202431 July 2024EDGAR
10-Q31 March 20241 May 2024EDGAR

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