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Perdoceo Education Corp (PRDO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER DEFENSIVE · EDUCATION & TRAINING SERVICES · DATA UPDATED 2026-09-06

Perdoceo Education Corp (PRDO) operates in the EDUCATION & TRAINING SERVICES industry and is headquartered in Schaumburg, United States with about 6,000 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, PRDO reported $846M in revenue and $160M in net income.

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates through three segments: Colorado Technical University (CTU), The American InterContinental University System (AIUS), and University of St.

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PRDO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Revenue$859M$846M$681M$710M$695M$693M$687M$628M$581M$596M$704M$847M$741M$1.1B$1.5B$1.9B$2.1B$1.8B$1.7B$1.7B$1.8B
Gross Profit$662M$607M$560M$580M$578M$584M$576M$526M$471M$453M$469M$557M$501M$651M$918M$1.3B$1.5B$1.2B$1.1B$1.1B$1.2B
Gross Margin %77.1%71.7%82.3%81.6%83.2%84.3%83.7%83.8%81.1%76.0%66.6%65.8%67.5%61.6%61.7%66.4%69.9%66.7%61.6%64.6%69.1%
Operating Income (EBIT)$211M$196M$174M$150M$130M$149M$143M$86M$71M$34M($32M)($92M)($73M)($215M)($184M)$39M$246M$223M$78M$120M$167M
Operating Margin %24.6%23.2%25.6%21.2%18.6%21.5%20.8%13.8%12.3%5.7%-4.6%-10.9%-9.8%-20.3%-12.3%2.1%11.6%12.1%4.5%7.2%9.3%
Net Income$177M$160M$148M$148M$96M$110M$124M$70M$55M($32M)($19M)$52M($178M)($164M)($143M)$19M$158M$81M$60M$60M$47M
Net Margin %20.6%18.9%21.7%20.8%13.8%15.8%18.1%11.2%9.5%-5.3%-2.7%6.1%-24.0%-15.5%-9.6%1.0%7.4%4.4%3.5%3.6%2.6%
EBITDA$275M$265M$217M$209M$154M$167M$162M$102M$84M$48M($8M)($69M)($83M)($117M)($109M)$317M$315M$298M$178M$223M$243M
Earnings Per Share (EPS)$2.75$2.42$2.19$2.18$1.39$1.55$1.74$0.97$0.77$-0.46$-0.27$0.76$-2.64$-2.46$-2.13$0.25$1.94$0.94$0.67$0.63$0.47
Shares Outstanding (M)64M66M67M68M69M71M71M72M71M69M68M68M68M67M67M74M81M87M90M94M98M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PRDO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$213M$222M$212M$212M$210M$213M$176M$170M
Gross Profit$213M$165M$114M$169M$159M$164M$141M$142M
Gross Margin %100.0%74.6%54.0%79.7%76.0%77.2%80.0%83.3%
Operating Income (EBIT)$55M$63M$42M$51M$51M$52M$37M$45M
Operating Margin %25.7%28.5%19.8%24.1%24.5%24.3%21.1%26.4%
Net Income$48M$54M$35M$40M$41M$44M$31M$38M
Net Margin %22.5%24.3%16.7%18.8%19.6%20.5%17.8%22.5%
EBITDA$71M$79M$59M$66M$68M$67M$49M$55M
Earnings Per Share (EPS)$0.75$0.85$0.54$0.60$0.61$0.65$0.47$0.57
Shares Outstanding (M)64M63M65M66M67M67M67M67M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PRDO Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Cash from Operations (CFO)$225M$225M$162M$112M$148M$191M$180M$73M$57M($22M)$6M($22M)($119M)($86M)($17M)$230M$272M$288M$187M$202M$216M
Capital Expenditures (CapEx)$7M$9M$5M$6M$13M$10M$10M$5M$7M$6M$4M$12M$13M$20M$38M$78M$127M$100M$54M$58M$69M
Free Cash Flow (FCF)$218M$217M$157M$106M$136M$181M$170M$68M$50M($28M)$2M($33M)($132M)($105M)($55M)$152M$145M$188M$133M$144M$147M
FCF Margin %25.4%25.6%23.0%14.9%19.5%26.1%24.8%10.8%8.6%-4.7%0.2%-3.9%-17.8%-10.0%-3.7%8.1%6.8%10.2%7.8%8.6%8.2%
Dividends Paid$39M$37M$32M$14M$0M$0M$80M$10M$3M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PRDO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$75M$69M$40M$41M$79M$65M$18M$51M
Capital Expenditures (CapEx)$2M$2M$2M$2M$3M$2M$2M$1M
Free Cash Flow (FCF)$73M$68M$38M$39M$76M$63M$16M$50M
FCF Margin %34.2%30.5%17.9%18.6%36.3%29.8%9.0%29.4%
Dividends Paid$9M$10M$9M$10M$9M$9M$9M$9M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

PRDO Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-31
Total Assets$1.3B$1.3B$1.2B$1.0B$957M$847M$722M$599M$482M$447M$560M$611M$574M$805M$1.1B$1.3B$1.6B$1.6B$1.4B$1.4B$1.4B
Cash & Cash Equivalents$898M$132M$109M$118M$109M$320M$106M$109M$32M$18M$50M$67M$94M$319M$241M$281M$289M$284M$245M$215M$188M
Total Liabilities$301M$300M$277M$166M$232M$197M$166M$168M$127M$151M$238M$273M$292M$350M$511M$510M$626M$642M$470M$480M$443M
Total Debt (Short + Long-Term)$14M$11M$70M$6M$7M$9M$10M$24M$55M$76M$123M$38M$10M$110M$80M$2M$1M$2M$1M$12M$12M
Total Shareholders' Equity$1.0B$972M$960M$841M$726M$650M$556M$431M$355M$296M$322M$338M$282M$455M$612M$806M$934M$922M$948M$886M$982M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive PRDO viewer.

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