Phoenix Education Partners, Inc.
For the period ended May 31, 2026. Filed Jul 14, 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.
May 31, 2026 · Filed Jul 14, 2026
PXED$19.22-0.3%Stored close · as of Nov 10, 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) | May 31, 2026 | August 31, 2025 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $155,020 | $136,504 |
| Restricted cash and cash equivalents | 2,973 | 36,497 |
| Marketable securities | 75,051 | 9,005 |
| Accounts receivable, net | 96,475 | 58,957 |
| Prepaid income taxes | 8,173 | 3,160 |
| Other current assets | 23,176 | 21,827 |
| Total current assets | 360,868 | 265,950 |
| Marketable securities | 36,396 | 12,803 |
| Property and equipment, net | 38,282 | 38,846 |
| Goodwill | 3,732 | 3,732 |
| Intangible assets, net | 85,424 | 87,294 |
| Operating lease right-of-use assets, net | 36,532 | 41,920 |
| Deferred income taxes, net | 24,517 | 20,566 |
| Other assets | 22,896 | 22,451 |
| Total assets | $608,647 | $493,562 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $24,375 | $25,696 |
| Accrued compensation and benefits | 19,557 | 28,534 |
| Student deposits | 7,594 | 11,049 |
| Deferred revenue | 76,046 | 37,210 |
| Current operating lease liabilities | 9,822 | 8,948 |
| Other current liabilities | 51,047 | 50,608 |
| Total current liabilities | 188,441 | 162,045 |
| Long-term operating lease liabilities | 55,879 | 64,352 |
| Other long-term liabilities | 37,895 | 27,110 |
| Total liabilities | 282,215 | 253,507 |
| Commitments and contingencies (Note 14 and Note 15) | ||
| 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, 36,010 shares issued and outstanding as of May 31, 2026) | 360 | — |
| Additional paid-in capital | 275,155 | — |
| Retained earnings | 48,747 | — |
| Accumulated other comprehensive (loss) income, net | (7) | 39 |
| Total Phoenix Education Partners, Inc. equity | 324,255 | 246,774 |
| Noncontrolling interests | 2,177 | (6,719) |
| Total equity | 326,432 | 240,055 |
| Total liabilities and equity | $608,647 | $493,562 |
(1)
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