Phoenix Education Partners, Inc.
For the period ended Feb 28, 2026. Filed Apr 7, 2026.
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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.
Feb 28, 2026 · Filed Apr 7, 2026
PXED$19.27-1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| As of | ||
|---|---|---|
| (In thousands, except par value) | February 28, 2026 | August 31, 2025 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $194,597 | $136,504 |
| Restricted cash and cash equivalents | 36,752 | 36,497 |
| Marketable securities | 6,770 | 9,005 |
| Accounts receivable, net | 35,015 | 58,957 |
| Prepaid income taxes | 14,956 | 3,160 |
| Other current assets | 29,362 | 21,827 |
| Total current assets | 317,452 | 265,950 |
| Marketable securities | 13,951 | 12,803 |
| Property and equipment, net | 38,510 | 38,846 |
| Goodwill | 3,732 | 3,732 |
| Intangible assets, net | 86,019 | 87,294 |
| Operating lease right-of-use assets, net | 38,335 | 41,920 |
| Deferred income taxes, net | 23,413 | 20,566 |
| Other assets | 24,982 | 22,451 |
| Total assets | $546,394 | $493,562 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $30,521 | $25,696 |
| Accrued compensation and benefits | 28,033 | 28,534 |
| Student deposits | 9,928 | 11,049 |
| Deferred revenue | 38,120 | 37,210 |
| Current operating lease liabilities | 9,541 | 8,948 |
| Other current liabilities | 41,591 | 50,608 |
| Total current liabilities | 157,734 | 162,045 |
| Long-term operating lease liabilities | 58,798 | 64,352 |
| Other long-term liabilities | 36,298 | 27,110 |
| Total liabilities | 252,830 | 253,507 |
| Commitments and contingencies (Note 13 and Note 14) | ||
| Equity:(1) | ||
| General partner | — | — |
| Limited partners (35,596 shares outstanding as of August 31, 2025) | — | 246,735 |
| Preferred Stock ($0.01 par value; 5,000 shares authorized, no shares issued and outstanding) | — | — |
| Common Stock ($0.01 par value; 1,495,000 shares authorized, 35,811 shares issued and outstanding as of February 28, 2026) | 358 | — |
| Additional paid-in capital | 272,814 | — |
| Retained earnings | 17,889 | — |
| Accumulated other comprehensive income, net | 65 | 39 |
| Total Phoenix Education Partners, Inc. equity | 291,126 | 246,774 |
| Noncontrolling interests | 2,438 | (6,719) |
| Total equity | 293,564 | 240,055 |
| Total liabilities and equity | $546,394 | $493,562 |
(1)
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