Phoenix Education Partners, Inc.

For the period ended Feb 28, 2026. Filed Apr 7, 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.

Feb 28, 2026 · Filed Apr 7, 2026

PXED$19.22-0.3%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Income

	Three Months Ended February 28,		Six Months Ended February 28,
(In thousands, except per share data)	2026	2025	2026	2025
Net revenue	$222,461	$223,406	$484,488	$478,098
Costs and expenses:
Instructional and support	105,242	107,210	220,490	215,333
General and administrative	98,105	90,428	204,662	172,383
Strategic alternatives, restructuring and other	5,108	6,103	19,736	11,049
Total costs and expenses	208,455	203,741	444,888	398,765
Operating income	14,006	19,665	39,600	79,333
Interest income	1,776	2,198	3,537	6,056
Interest expense	(550)	(111)	(765)	(225)
Income before income taxes	15,232	21,752	42,372	85,164
Provision for income taxes	4,763	5,648	16,425	21,942
Net income	10,469	16,104	25,947	63,222
Net loss (income) attributable to noncontrolling interests	311	21	287	(681)
Net income attributable to Phoenix Education Partners, Inc.	$10,780	$16,125	$26,234	$62,541
Earnings per share:(1)
Basic	$0.30	$0.45	$0.73	$1.76
Diluted	$0.28	$0.43	$0.68	$1.66
Shares used in computing earnings per share:
Basic	35,778	35,560	35,714	35,532
Diluted	38,888	37,898	38,744	37,764

(1)

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