Perdoceo Education Corporation

NASDAQ•PRDO

CEO: Mr. Todd S. Nelson

Sector: Consumer Defensive

Industry: Education & Training Services

Listing Date: 1998-01-29

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice. The American InterContinental University System segment provides academic programs, including business studies, information technologies, education, and health sciences. The company also offers non-degree and professional development programs. In addition, it operates intellipath, a learning platform used to educate students; and a mobile application and two-way messaging platform. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is headquartered in Schaumburg, Illinois.

Contact Information

1750 East Golf Road, Schaumburg, IL, 60173, United States

847-781-3600

www.perdoceoed.com

Market Cap

$2.22B

P/E (TTM)

13.7

26.4

Dividend Yield

1.7%

52W High

$38.02

52W Low

$24.05

52W Range

75%

Rank23Top 9.4%

5.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$211.64M+0.00%

4-Quarter Trend

EPS

$0.56+0.00%

4-Quarter Trend

FCF

$37.88M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Revenue Jumps Post-USAHS Acquisition Total revenue reached $846.1M USD, up 24.2%, driven by full year USAHS contribution post-December 2024.

Operating Income Rises Operating income grew 12.5% to $196.0M USD, reflecting revenue growth offsetting increased operating expenses.

Student Enrollment Increases Total student enrollments grew 7.3% to 44,400 students as of December 31, 2025, supported by strong retention.

Bad Debt Expense Declines Bad debt expense decreased 12.5% to $29.5M USD, driven by stronger engagement and retention across CTU and AIUS.

Risk Factors

Regulatory Environment Uncertainty Extensive, evolving regulatory requirements may require substantial business changes, reducing profitability and increasing compliance costs.

Title IV Funding Dependency Risk High dependency on Title IV funds means any reduction or timing impact could materially reduce enrollments and cash flows.

Future Cohort Default Rates CDR rates may increase significantly post-repayment resumption, potentially leading to operational restrictions or loss of Title IV eligibility.

Increased Competition Pressure Competition from public/non-profit online providers creates pricing pressure, potentially impacting enrollments and profitability.

Outlook

2026 Income Expected Higher Full year adjusted operating income expected higher for 2026 versus 2025, driven by anticipated total student enrollment and revenue growth.

Strategic Technology Investment Strategic investments in technology and talent continue to enhance student experiences and support corporate student program expansion.

Balanced Capital Allocation Strategy focuses on maintaining strong liquidity while investing in organic projects and evaluating acquisitions for stockholder value.

New Share Repurchase Program Board authorized new $100.0M USD repurchase program expiring June 2027, replacing prior authorization.

Peer Comparison

Revenue (TTM)

CHEF

$4.15B

+9.4%

CCU

$3.02B

-0.8%

SMPL

$1.45B

+6.3%

Gross Margin (Latest Quarter)

AFYA

61.8%

+1.9pp

COUR

54.2%

-0.1pp

PRDO

54.0%

-3.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
COCO	$3.02B	42.3	23.2%	2.8%
CHEF	$2.36B	31.1	12.7%	58.0%
PRDO	$2.22B	13.7	16.3%	8.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-0.2%

Flat Growth

4Q Net Income CAGR

-6.8%

Declining Profitability

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 29, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data