Perdoceo Education Corporation (PRDO)

Perdoceo Education Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	763.89	676.07	702.92	687.67	688.42	684.58
Other Revenue	4.95	5.19	7.08	7.54	4.62	2.74
Revenue	768.84	681.26	710	695.21	693.03	687.31
Revenue Growth (YoY)	15.99%	-4.05%	2.13%	0.31%	0.83%	9.50%
Cost of Revenue	144.97	112.22	120.02	99.41	91.43	90.66
Gross Profit	623.87	569.05	589.98	595.8	601.61	596.66
Selling, General & Admin	406.28	375.7	408.39	443.43	435.83	438.32
Operating Expenses	436.79	390.34	425.27	463.17	452.59	453.11
Operating Income	187.08	178.71	164.71	132.63	149.02	143.55
Interest Expense	-3.46	-0.61	-0.4	-0.4	-0.92	-0.17
Interest & Investment Income	27.95	28.99	19.98	6.87	0.93	3.85
Earnings From Equity Investments	-0.1	-0.1	-	-0.6	0.2	0.2
Other Non Operating Income (Expenses)	-0.06	0.01	0.01	-0.03	-0.16	-0.08
EBT Excluding Unusual Items	211.4	206.99	184.3	138.46	149.07	147.35
Gain (Loss) on Sale of Investments	-1.1	-1.1	-	-1.2	-	-
Gain (Loss) on Sale of Assets	-	-	22.09	-	-	-
Asset Writedown	-1.99	-4.45	-14.26	-2.99	-	-0.61
Pretax Income	208.32	201.44	192.12	134.27	149.07	146.74
Income Tax Expense	53.88	53.85	44.47	38.4	39.43	22.48
Earnings From Continuing Operations	154.44	147.59	147.65	95.87	109.64	124.26
Net Income	154.44	147.59	147.65	95.87	109.64	124.26
Net Income to Common	154.44	147.59	147.65	95.87	109.64	124.26
Net Income Growth	13.25%	-0.04%	54.02%	-12.56%	-11.77%	77.57%
Shares Outstanding (Basic)	66	66	66	68	70	69
Shares Outstanding (Diluted)	67	67	68	69	71	71
Shares Change (YoY)	0.11%	-0.86%	-1.75%	-2.61%	-0.54%	-1.14%
EPS (Basic)	2.35	2.25	2.22	1.41	1.57	1.79
EPS (Diluted)	2.30	2.19	2.18	1.39	1.55	1.74
EPS Growth	12.96%	0.46%	56.84%	-10.32%	-10.92%	79.10%
Free Cash Flow	205.39	156.97	105.61	135.57	180.66	170.19
Free Cash Flow Per Share	3.06	2.33	1.56	1.96	2.55	2.39
Dividend Per Share	0.540	0.500	0.330	-	-	-
Dividend Growth	17.39%	51.52%	-	-	-	-
Gross Margin	81.14%	83.53%	83.09%	85.70%	86.81%	86.81%
Operating Margin	24.33%	26.23%	23.20%	19.08%	21.50%	20.89%
Profit Margin	20.09%	21.66%	20.80%	13.79%	15.82%	18.08%
Free Cash Flow Margin	26.71%	23.04%	14.88%	19.50%	26.07%	24.76%
EBITDA	217.6	193.35	181.6	152.37	165.78	158.33
EBITDA Margin	28.30%	28.38%	25.58%	21.92%	23.92%	23.04%
D&A For EBITDA	30.52	14.65	16.89	19.73	16.77	14.79
EBIT	187.08	178.71	164.71	132.63	149.02	143.55
EBIT Margin	24.33%	26.23%	23.20%	19.08%	21.50%	20.89%
Effective Tax Rate	25.87%	26.73%	23.15%	28.60%	26.45%	15.32%
Revenue as Reported	768.84	681.26	710	695.21	693.03	687.31

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q