PERDOCEO EDUCATION Corp PRDO

Industrials SIC 8200 - Services-Educational Services NAICS Educational Services derived Nasdaq

Perdoceo's accredited academic institutions offer a quality postsecondary education to a diverse student population, with fully online, campus-based and hybrid learning programs. The Company's academic institutions – Colorado Technical University ("CTU"), the American InterContinental University System ("AIUS" or "AIU System") and University of St. Augustine for Health Sciences ("USAHS") – provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Our academic institutions offer students industry-relevant and career-focused academic programs that are designed to meet the educational needs of today's busy adults. CTU and AIUS continue to show innovation in higher education, advancing personalized learning technologies like their intellipath® learning platform and using data analytics and technology to serve and educate students while enhancing overall learning and academic experiences. USAHS prepares medical professionals to provide quality medical care to communities across the country primarily through its graduate health sciences degree offerings in physical therapy, occupational therapy, speech language therapy and nursing, as well as continuing education programs. Perdoceo's academic institutions are committed to providing quality education that closes the gap between learners who seek to advance their careers and employers and communities needing a qualified workforce

Last close 33.90 2026-10-23
Market cap $2.12B 2026-06-30 share count
52-week range 26.66 - 38.50

Valuation FY2025 figures against the last close

P/S2.5x
P/E14.0x
P/FCF9.8x
EV/EBITDA8.9x
Dividend yield—
Diluted EPS2.42

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $846.1M$681.3M$710.0M$695.2M$693.0M$687.3M$627.7M$581.3M$596.4M$704.4M
SG&A $410.9M$367.1M$398.1M$426.1M$418.5M$417.2M$430.2M$390.7M$405.0M$477.7M
Total operating expenses $650.1M$507.0M$559.6M$565.6M$544.0M$544.4M$541.2M$510.0M$562.3M$736.7M
Operating income $196.0M$174.3M$150.4M$129.6M$149.0M$142.9M$86.5M$71.3M$34.1M-$32.3M
Interest expense $6.5M$613.0K$404.0K$400.0K$920.0K$167.0K$167.0K$681.0K$451.0K$584.0K
Pre-tax income $216.8M$201.4M$192.2M$134.3M$149.0M$146.7M$92.4M$73.7M$35.2M-$2.2M
Income tax $56.9M$53.9M$44.5M$38.4M$39.4M$22.5M$22.4M$18.6M$67.1M$16.6M
Net income $159.9M$147.6M$147.7M$95.9M$109.6M$124.3M$70.0M$55.2M-$31.9M-$18.7M
EPS, basic 2.472.252.221.411.571.791.000.79-0.46-0.27
EPS, diluted 2.422.192.181.391.551.740.970.77-0.46-0.27
Shares, diluted (wtd. avg.) 66.2M67.2M67.8M69.0M70.9M71.3M72.1M71.5M68.9M68.4M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $111.0M$109.1M$118.0M$109.4M$320.0M$105.7M$108.7M$32.4M$18.1M$49.5M
Short-term investments $511.2M$459.8M$485.1M$399.3M$174.2M$300.7M$185.5M$196.4M$156.2M—
Receivables ——————$55.0M$28.8M$18.9M$22.8M
Inventory $4.0M$3.4M$5.0M$1.9M$904.0K$596.0K$576.0K$763.0K$1.1M$1.9M
Total current assets $696.9M$640.2M$655.0M$575.1M$554.5M$467.1M$360.4M$269.4M$210.7M$248.2M
Property, plant and equipment $83.3M$95.5M$21.4M$26.0M$28.4M$27.8M$26.0M$30.0M$33.2M$40.5M
Goodwill $265.7M$258.0M$241.2M$243.5M$162.6M$118.3M$87.4M$87.4M$87.4M$87.4M
Other intangibles $77.9M$95.0M$36.2M$53.6M$32.2M$15.5M$7.9M$7.9M$7.9M$8.5M
Total assets $1.25B$1.24B$1.01B$957.4M$847.4M$721.5M$599.1M$482.5M$447.1M$559.6M
Accounts payable $14.3M$12.8M$10.8M$13.5M$10.8M$13.3M$11.5M$9.2M$8.5M$10.1M
Total current liabilities $137.8M$132.2M$111.0M$163.4M$140.2M$103.8M$103.8M$97.1M$112.7M$169.2M
Retained earnings $718.4M$595.7M$480.6M$347.8M$252.0M$142.3M$18.1M-$52.9M-$108.1M-$76.2M
Total equity $972.4M$959.5M$841.4M$725.8M$650.1M$555.9M$431.3M$355.2M$296.2M$321.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $225.2M$161.6M$112.0M$148.2M$191.1M$180.0M$73.1M$57.0M-$21.8M$6.5M
Depreciation and amortisation $41.6M$14.6M$16.9M$19.7M$16.8M$14.8M$9.1M$9.4M$14.0M$22.7M
Stock-based compensation $11.7M$10.2M$8.1M$8.8M$15.0M$13.4M$9.3M$5.6M$5.0M$3.2M
Capital expenditure $8.6M$4.6M$6.4M$12.6M$10.5M$9.8M$5.2M$6.7M$6.3M$4.1M
Investing cash flow -$53.6M-$107.8M-$88.5M-$326.8M$54.3M-$165.9M$7.7M-$41.5M-$11.6M-$34.4M
Financing cash flow -$171.1M-$41.1M-$23.4M-$27.7M-$29.9M-$13.1M-$4.8M-$1.7M$1.5M-$37.8M
Dividends paid ——$14.4M———————
Buybacks $120.8M$6.8M$8.3M$23.1M$25.3M$17.9M$3.9M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-149814.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -250M 0 250M 500M 750M 1B Revenue, FY2016: 704.4M Net income, FY2016: -18.7M Revenue, FY2017: 596.4M Net income, FY2017: -31.9M Revenue, FY2018: 581.3M Net income, FY2018: 55.2M Revenue, FY2019: 627.7M Net income, FY2019: 70M Revenue, FY2020: 687.3M Net income, FY2020: 124.3M Revenue, FY2021: 693M Net income, FY2021: 109.6M Revenue, FY2022: 695.2M Net income, FY2022: 95.9M Revenue, FY2023: 710M Net income, FY2023: 147.7M Revenue, FY2024: 681.3M Net income, FY2024: 147.6M Revenue, FY2025: 846.1M Net income, FY2025: 159.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $704.4M $596.4M $581.3M $627.7M $687.3M $693.0M $695.2M $710.0M $681.3M $846.1M
Gross profit — — — — — — — — — —
Net income -$18.7M -$31.9M $55.2M $70.0M $124.3M $109.6M $95.9M $147.7M $147.6M $159.9M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 8200

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LRN Stride, Inc. $3.30B 11.1x 4.7%
STRA Strategic Education, Inc. $1.82B 15.1x 4.0%
UTI UNIVERSAL TECHNICAL INSTITUTE INC $1.20B 19.3x 14.0%
APEI AMERICAN PUBLIC EDUCATION INC $892.6M 35.9x 3.9%