Perdoceo Education Corporation (PRDO) — Financial statements
Income statement, balance sheet, and cash flow for Perdoceo Education Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 846↑24.2% | 681↓4.0% | 710↑2.1% | 695↑0.3% | 693 | |
| Cost of Revenue | 239↑97.9% | 121↓7.3% | 130↑11.7% | 117↑7.3% | 109 | |
| Gross Profit | 607↑8.3% | 560↓3.3% | 580↑0.2% | 578↓1.0% | 584 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 411↑76.8% | 232↓11.4% | 262↑1.8% | 258↑8.8% | 237 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 101↓1.6% | 103↓19.1% | 127↓7.6% | 137 | |
| SG&A Expenses | 411↑23.3% | 333↓8.6% | 365↓5.1% | 385↑2.8% | 374 | |
| Other Expenses | 0.00↓100.0% | 53↓17.9% | 64↑0.1% | 64↑5.2% | 61 | |
| Operating Expenses | 411↑6.4% | 386↓10.0% | 429↓4.4% | 449↑3.1% | 435 | |
| Total Costs & Expenses | 650↑28.2% | 507↓9.4% | 560↓1.1% | 566↑4.0% | 544 | |
| Operating Results | ||||||
| Operating Income | 196↑12.5% | 174↑15.8% | 150↑16.1% | 130↓13.0% | 149 | |
| Depreciation & Amortization | 42↑184.2% | 15↓13.3% | 17↓14.4% | 20↑17.7% | 17 | |
| EBITDA | 265↑22.3% | 217↑3.5% | 209↑35.6% | 154↓7.4% | 167 | |
| EBIT | 223↑10.5% | 202↑4.9% | 193↑43.0% | 135↓10.2% | 150 | |
| Interest & Other Income | ||||||
| Net Interest Income | 20↓30.1% | 28↑45.0% | 20↑202.8% | 6↑64560.0% | 0.01 | |
| Interest Income | 26↓9.3% | 29↑45.1% | 20↑191.0% | 7↑638.3% | 0.93 | |
| Interest Expense | 6↑954.6% | 0.61↑51.7% | 0.40↑1.0% | 0.40↓56.5% | 0.92 | |
| Non-Operating Income | -27↑1.8% | -28↑33.9% | -42↓736.2% | -5↓418.2% | -0.97 | |
| Other Income / Expenses | 21↓23.4% | 27↓34.8% | 42↑799.7% | 5↑8982.4% | 0.05 | |
| Income Before Tax | 217↑7.6% | 201↑4.9% | 192↑43.1% | 134↓9.9% | 149 | |
| Income Tax Expense | 57↑5.7% | 54↑21.1% | 44↑15.8% | 38↓2.6% | 39 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 160↑8.4% | 148↓0.0% | 148↑54.0% | 96↓12.6% | 110 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -0.02 | |
| Net Income | 160↑8.4% | 148↓0.0% | 148↑54.0% | 96↓12.6% | 110 | |
| Bottom-Line Net Income | 160↑8.4% | 148↓0.0% | 148↑54.0% | 96↓12.6% | 110 | |
| EPS (Basic) | 2.47↑9.8% | 2.25↑1.4% | 2.22↑57.4% | 1.41↓10.2% | 1.57 | |
| EPS (Diluted) | 2.42↑10.5% | 2.19↑0.5% | 2.18↑56.8% | 1.39↓10.3% | 1.55 | |
| Weighted Average Shares | 65↓1.3% | 66↓1.2% | 66↓2.2% | 68↓3.0% | 70 | |
| Weighted Average Diluted Shares | 66↓1.6% | 67↓0.9% | 68↓1.7% | 69↓2.6% | 71 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.