Laureate Education Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,702	1,567	1,484	1,242	1,087
Revenue Growth (YoY)	8.64%	5.55%	19.48%	14.32%	6.03%
Cost of Revenue	1,045	976.82	936.54	775.93	684.96
Gross Profit	656.82	589.82	547.74	466.34	401.74
Selling, General & Admin	225.72	215.84	205.85	196.18	333.9
Operating Expenses	225.72	215.84	205.85	196.18	333.9
Operating Income	431.1	373.98	341.9	270.16	67.84
Interest Expense	-10.66	-18.1	-20.99	-16.42	-46.28
Interest & Investment Income	7.1	8.06	9.09	7.57	4.38
Earnings From Equity Investments	0.22	0.24	0.17	0.26	-
Currency Exchange Gain (Loss)	-34.57	50.66	-75.7	-17.44	13.79
Other Non Operating Income (Expenses)	7.94	1.22	-0.33	0.77	-26.21
EBT Excluding Unusual Items	401.13	416.06	254.14	244.89	13.52
Gain (Loss) on Sale of Assets	-	-1.3	3.57	1.36	-0.6
Asset Writedown	-	-	-3.07	-0.14	-72.49
Other Unusual Items	-	-0.03	-	-	-77.94
Pretax Income	401.13	414.72	254.63	246.11	-137.51
Income Tax Expense	117.31	118.98	137.6	185.39	145.57
Earnings From Continuing Operations	283.82	295.74	117.03	60.72	-283.08
Earnings From Discontinued Operations	-0.03	0.65	-9.76	8.26	486.87
Net Income to Company	283.78	296.4	107.27	68.98	203.79
Minority Interest in Earnings	-2.15	0.08	0.32	0.6	-11.34
Net Income	281.63	296.47	107.59	69.57	192.45
Preferred Dividends & Other Adjustments	-	-	-	-	0.09
Net Income to Common	281.63	296.47	107.59	69.57	192.36
Net Income Growth	-5.01%	175.56%	54.64%	-63.85%	-
Shares Outstanding (Basic)	148	153	157	168	190
Shares Outstanding (Diluted)	149	154	158	168	190
Shares Change (YoY)	-3.40%	-2.52%	-6.17%	-11.29%	-9.55%
EPS (Basic)	1.91	1.93	0.68	0.41	1.01
EPS (Diluted)	1.89	1.92	0.68	0.41	1.01
EPS Growth	-1.79%	183.74%	65.77%	-59.36%	-
Free Cash Flow	263.15	160.85	194.34	125.47	-206.53
Free Cash Flow Per Share	1.77	1.04	1.23	0.75	-1.09
Gross Margin	38.59%	37.65%	36.90%	37.54%	36.97%
Operating Margin	25.33%	23.87%	23.03%	21.75%	6.24%
Profit Margin	16.55%	18.92%	7.25%	5.60%	17.70%
Free Cash Flow Margin	15.46%	10.27%	13.09%	10.10%	-19.00%
EBITDA	505.6	442.22	411.51	329.29	169.02
EBITDA Margin	29.71%	28.23%	27.73%	26.51%	15.55%
D&A For EBITDA	74.5	68.24	69.62	59.13	101.18
EBIT	431.1	373.98	341.9	270.16	67.84
EBIT Margin	25.33%	23.87%	23.03%	21.75%	6.24%
Effective Tax Rate	29.24%	28.69%	54.04%	75.33%	-
Advertising Expenses	97.6	88.48	75.93	61.87	53.63

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