Adtalem Global Education Inc.

For the period ended Dec 31, 2025. Filed Jan 28, 2026.

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.

Dec 31, 2025 · Filed Jan 28, 2026

CVSA$113.98+3.3%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(in thousands, except par value)


· · December 31, · · June 30,
· · 2025 · · 2025
Assets:
Current assets:
Cash and cash equivalents	$56,281	$199,601
Restricted cash	2,359	1,563
Accounts and financing receivables, net	162,848	146,189
Prepaid expenses and other current assets	81,494	68,837
Total current assets	302,982	416,190
Noncurrent assets:
Property and equipment, net	266,036	256,131
Operating lease assets	189,483	191,194
Deferred income taxes	—	32,956
Intangible assets, net	759,864	765,474
Goodwill	961,262	961,262
Other assets, net	135,086	129,145
Total noncurrent assets	2,311,731	2,336,162
Total assets	$2,614,713	$2,752,352
Liabilities and shareholders' equity:
Current liabilities:
Accounts payable	$103,103	$105,017
Accrued payroll and benefits	53,153	76,374
Accrued liabilities	72,283	77,286
Deferred revenue	180,429	214,091
Current operating lease liabilities	33,917	35,159
Total current liabilities	442,885	507,927
Noncurrent liabilities:
Long-term debt	504,282	552,669
Long-term operating lease liabilities	191,353	186,172
Deferred income taxes	56,815	31,856
Other liabilities	40,582	40,103
Total noncurrent liabilities	793,032	810,800
Total liabilities	1,235,917	1,318,727
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value per share, 200,000 shares authorized; 34,654 and 35,952 shares outstanding as of December 31, 2025 and June 30, 2025, respectively	847	839
Additional paid-in capital	686,587	664,300
Retained earnings	2,915,782	2,777,574
Accumulated other comprehensive loss	(2,227)	(2,227)
Treasury stock, at cost, 50,086 and 47,990 shares as of December 31, 2025 and June 30, 2025, respectively	(2,222,193)	(2,006,861)
Total shareholders' equity	1,378,796	1,433,625
Total liabilities and shareholders' equity	$2,614,713	$2,752,352

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.