Perdoceo Education Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	159.47	109.13	118.01	109.41	319.98	105.68
Short-Term Investments	487.84	459.8	485.14	399.32	174.21	300.68
Cash & Short-Term Investments	647.31	568.93	603.14	508.72	494.2	406.36
Cash Growth	-10.32%	-5.67%	18.56%	2.94%	21.62%	38.14%
Accounts Receivable	41.3	22.81	29.4	42.55	43.03	44.68
Other Receivables	6.15	5.33	4.54	3.46	1.69	2.87
Receivables	47.45	28.14	33.94	46.01	44.73	47.56
Inventory	4.02	3.39	5	1.9	0.9	0.6
Prepaid Expenses	15.88	16.91	11.71	8.41	6.92	8.21
Restricted Cash	21.31	22.62	1.01	9.48	5.2	4
Other Current Assets	0.19	0.17	0.16	0.6	2.51	0.34
Total Current Assets	736.15	640.15	654.96	575.12	554.45	467.06
Property, Plant & Equipment	141.78	160.98	40.47	52.19	65.02	72.53
Goodwill	258.19	258.01	241.16	243.54	162.58	118.31
Other Intangible Assets	82.12	95.01	36.22	53.56	32.21	15.52
Long-Term Accounts Receivable	4.87	6.2	3.86	1.85	1.37	1.3
Long-Term Deferred Tax Assets	68.77	68.77	23.8	24.61	25.11	40.35
Other Long-Term Assets	7.5	7.91	6.84	6.49	6.69	6.43
Total Assets	1,299	1,237	1,007	957.37	847.43	721.52
Accounts Payable	20.22	12.81	10.77	13.52	10.84	13.26
Accrued Expenses	62.87	64.43	53.38	63.9	49.18	44.83
Current Portion of Leases	11.08	13.26	5.7	6.56	9.4	9.79
Current Income Taxes Payable	10.67	4.93	3.97	7.81	0.21	1.4
Current Unearned Revenue	59.8	36.74	37.22	71.59	70.61	34.53
Total Current Liabilities	164.64	132.16	111.04	163.38	140.24	103.82
Long-Term Debt	-	56.5	-	-	-	-
Long-Term Leases	110.41	61.78	21.35	27.29	35.55	43.41
Other Long-Term Liabilities	26.48	27.06	33.51	40.86	21.53	18.39
Total Liabilities	301.53	277.5	165.9	231.52	197.32	165.61
Common Stock	0.92	0.91	0.9	0.89	0.89	0.87
Additional Paid-In Capital	717.39	707.21	694.8	684.18	674.24	658.42
Retained Earnings	692.76	595.67	480.61	347.84	251.97	142.34
Treasury Stock	-414.45	-344.42	-334.22	-301.62	-276.9	-246.09
Comprehensive Income & Other	1.23	0.17	-0.67	-5.45	-0.1	0.36
Shareholders' Equity	997.85	959.54	841.42	725.85	650.11	555.91
Total Liabilities & Equity	1,299	1,237	1,007	957.37	847.43	721.52
Total Debt	121.49	131.54	27.05	33.84	44.95	53.19
Net Cash (Debt)	525.82	437.39	576.1	474.88	449.25	353.17
Net Cash Growth	-24.83%	-24.08%	21.31%	5.71%	27.21%	53.55%
Net Cash Per Share	7.87	6.50	8.49	6.88	6.34	4.96
Filing Date Shares Outstanding	64.32	65.91	65.65	67.18	68.75	70.06
Total Common Shares Outstanding	64.32	65.72	65.54	67.18	68.75	70.06
Working Capital	571.51	507.99	543.93	411.74	414.21	363.25
Book Value Per Share	15.51	14.60	12.84	10.81	9.46	7.93
Tangible Book Value	657.54	606.52	564.04	428.74	455.32	422.07
Tangible Book Value Per Share	10.22	9.23	8.61	6.38	6.62	6.02
Buildings	-	9.16	9.16	9.16	9.16	8.49
Machinery	-	69.85	52.71	47.12	69.12	63.71
Construction In Progress	-	46.73	1.81	4.15	3.19	0.82
Leasehold Improvements	-	37.24	16.45	19.82	60.52	56.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.