Phoenix Education Partners (PXED) Q4 FY2026 earnings: revenue $261 million, up 1.3% on the year
Phoenix Education Partners, Inc. (PXED) reported revenue of $261 million for Q4 FY2026, the quarter ended 31 August 2026, up 1.3% on the same quarter a year earlier. Net income was $23 million, up 34.1% on the year, and diluted earnings per share $0.60. The figures are the company's own, from the 10-K it filed with the SEC on 3 November 2026.
Revenue
$261 million
+1.3% on the year · -4.1% on the quarter
Q1 FY2025Q4 FY2026
Operating margin
12.0%
8.4% a year earlier
Q1 FY2025Q4 FY2026
Net income
$23 million
+34.1% on the year · -40.1% on the quarter
Q1 FY2025Q4 FY2026
Diluted EPS
$0.60
+30.4% on the year · -40.6% on the quarter
Q1 FY2025Q4 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 2 new.
Fourth quarter revenue up year over year: Net revenue was $260.7 million, compared with $257.4 million a year earlier. Net income attributable to the company was $23.5 million, or $0.60 diluted EPS, against $17.5 million, or $0.46.
Fiscal net income declined year over year: Net income attributable to the company was $88.9 million, or $2.29 diluted EPS, against $133.9 million, or $3.51 a year earlier. Management attributed the decline mainly to share-based compensation from the IPO, with advertising expense also cited.
Fiscal revenue below earlier guidance range: Fiscal 2026 net revenue was $1,017.0 million, against $1,007.2 million. The result compares with the $1,020.0 million to $1,025.0 million range given in the third quarter release.
$ million except per share. Read moreFourth quarters are the year less the first three quarters. 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. 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.
Cash flow
$ million
Q4 FY2026
Q3 FY2026
Q4 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
79.6
36.7
35.6
+116.8%
+123.7%
Capital expenditure
5.5
4.9
6.1
+11.6%
-9.4%
Free cash flow
74.2
31.8
29.5
+133.1%
+151.0%
Free cash flow margin
28.4%
11.7%
11.5%
Cash from investing
-61.0
-95.7
-4.2
Cash from financing
-12.8
-14.4
-102
Depreciation and amortisation
6.7
5.6
5.7
+19.6%
+18.2%
Share-based compensation
9.6
8.5
0.7
+13.5%
+1,227.7%
Dividends paid
8.2
8.3
0.0
-1.0%
Dividend per share
n/a
$0.21
n/a
Diluted shares, weighted
39m
39m
38m
+0.4%
+2.2%
Shares outstanding at period end
36m
36m
37m
+0.8%
-1.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q4 FY2026
Q3 FY2026
Q4 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
344
324
247
+6.2%
+39.6%
Non-controlling interest
1.9
2.2
-6.7
-12.1%
Debt
0.0
55.9
64.4
Operating lease liabilities
52.9
55.9
64.4
-5.4%
-17.8%
Other liabilities
220
170
125
+29.2%
+76.5%
Total liabilities and equity
620
609
494
+1.8%
+25.5%
Fixed assets
37.9
38.3
38.8
-1.1%
-2.5%
Goodwill
3.7
3.7
3.7
0.0%
0.0%
Intangible assets
84.8
85.4
87.3
-0.7%
-2.8%
Investments
168
111
21.8
+50.6%
+669.7%
Cash and equivalents
159
155
137
+2.8%
+16.7%
Receivables
54.4
96.5
59.0
-43.6%
-7.8%
Other assets
112
118
146
-5.7%
-23.8%
Total assets
620
609
494
+1.8%
+25.5%
Questions
What was Phoenix Education Partners' revenue in Q4 FY2026?
Phoenix Education Partners (PXED) reported revenue of $261 million for Q4 FY2026, the quarter ended 31 August 2026, up 1.3% on the same quarter a year earlier.
How much did Phoenix Education Partners earn in Q4 FY2026?
Net income for Q4 FY2026 was $23 million, up 34.1% on the year, and diluted earnings per share $0.60.
When did Phoenix Education Partners report Q4 FY2026 results?
Phoenix Education Partners filed its 10-K for the year that ended with the quarter on 3 November 2026; the fourth quarter is the year less the first three.
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 its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. 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.
10-K for the period ended 31 August 2026, filed 3 November 2026: the filing.