Phoenix Education Partners, Inc.

For the period ended May 31, 2026. Filed Jul 14, 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.

May 31, 2026 · Filed Jul 14, 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 May 31,		Nine Months Ended May 31,
(In thousands, except per share data)	2026	2025	2026	2025
Net revenue	$271,801	$271,703	$756,289	$749,801
Costs and expenses:
Instructional and support	110,284	110,446	330,774	325,779
General and administrative	97,754	83,320	302,416	255,703
Strategic alternatives, restructuring and other	11,937	6,837	31,673	17,886
Total costs and expenses	219,975	200,603	664,863	599,368
Operating income	51,826	71,100	91,426	150,433
Interest income	2,183	2,278	5,720	8,334
Interest expense	(651)	(107)	(1,416)	(332)
Income before income taxes	53,358	73,271	95,730	158,435
Provision for income taxes	14,452	18,622	30,877	40,564
Net income	38,906	54,649	64,853	117,871
Net loss (income) attributable to noncontrolling interests	261	(808)	548	(1,489)
Net income attributable to Phoenix Education Partners, Inc.	$39,167	$53,841	$65,401	$116,382
Earnings per share:(1)
Basic	$1.09	$1.51	$1.83	$3.27
Diluted	$1.01	$1.42	$1.69	$3.08
Shares used in computing earnings per share:
Basic	35,882	35,560	35,766	35,542
Diluted	38,920	37,966	38,799	37,831

(1)

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