Adtalem Global Education Inc.

For the period ended Sep 30, 2025. Filed Oct 30, 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.

Sep 30, 2025 · Filed Oct 30, 2025

CVSA$116.50+2.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(in thousands, except per share data)


· · Three Months Ended
· · September 30,
· · 2025 · · 2024
Revenue	$462,288	$417,400
Operating cost and expense:
Cost of educational services	200,767	185,995
Student services and administrative expense	175,734	159,073
Restructuring expense	310	2,094
Total operating cost and expense	376,811	347,162
Operating income	85,477	70,238
Interest expense	(11,090)	(14,482)
Other income, net	2,486	2,646
Income from continuing operations before income taxes	76,873	58,402
Provision for income taxes	(15,811)	(12,157)
Income from continuing operations	61,062	46,245
Discontinued operations:
Income (loss) from discontinued operations before income taxes	747	(107)
Benefit from income taxes	23	27
Income (loss) from discontinued operations	770	(80)
Net income and comprehensive income	$61,832	$46,165

Earnings (loss) per share:
Basic:
Continuing operations	$1.69	$1.23
Discontinued operations	$0.02	$(0.00)
Total basic earnings per share	$1.71	$1.22
Diluted:
Continuing operations	$1.65	$1.18
Discontinued operations	$0.02	$(0.00)
Total diluted earnings per share	$1.67	$1.18

Weighted-average shares outstanding:
Basic shares	36,111	37,721
Diluted shares	37,057	39,109

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.