PERDOCEO EDUCATION Corp

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

PRDO$28.87+5.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income (Unaudited)

CONDENSED CONSOLIDATED STATE MENTS OF INCOME

	For the Quarter Ended June 30,		For the Year to Date Ended June 30,
(In Thousands, Except Per Share Amounts)	2025	2024	2025	2024
REVENUE:
Tuition and fees, net	$208,375	$165,404	$420,223	$332,402
Other	1,206	1,336	2,362	2,602
Total revenue	209,581	166,740	422,585	335,004
OPERATING EXPENSES:
Educational services and facilities	50,241	27,516	98,783	57,374
General and administrative	97,793	89,311	198,721	176,793
Depreciation and amortization	10,148	3,069	21,955	6,085
Asset impairment	-	838	-	2,468
Total operating expenses	158,182	120,734	319,459	242,720
Operating income	51,399	46,006	103,126	92,284
OTHER INCOME:
Interest income	6,460	7,190	12,936	13,983
Interest expense	(1,611)	(112)	(3,293)	(447)
Miscellaneous (expense) income	(10)	(70)	(26)	45
Total other income	4,839	7,008	9,617	13,581
PRETAX INCOME	56,238	53,014	112,743	105,865
Provision for income taxes	15,210	14,585	28,027	27,994
NET INCOME	41,028	38,429	84,716	77,871
NET INCOME PER SHARE - BASIC:	$0.63	$0.59	$1.29	$1.19
NET INCOME PER SHARE - DILUTED:	$0.62	$0.57	$1.27	$1.16
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic	65,331	65,611	65,504	65,583
Diluted	66,582	67,077	66,722	66,956

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.