PERDOCEO EDUCATION Corp (PRDO) Financial Statements (2026 and earlier)

Company Profile

Business Address	1750 E. GOLF ROAD SCHAUMBURG, IL 60173
State of Incorp.	DE
Fiscal Year End	December 31
Industry (SIC)	82 - Educational Services (benchmarking)
More info	Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments		568,925	603,144	508,723	494,195	406,360	294,175
Cash and cash equivalent		109,130	118,009	109,408	319,982	105,684	108,687
Short-term investments		459,795	485,135	399,315	174,213	300,676	185,488
Restricted cash and investments		22,623	1,012	9,476	5,196	4,000
Receivables							55,018
Inventory, net of allowances, customer advances and progress billings		3,388	5,004	1,904	904	596	576
Inventory		3,388	5,004	1,904	904	596	576
Prepaid expense		16,910	11,712	8,411	6,919	8,209	7,299
Other current assets		171	155	597	2,514	341	1,936
Other undisclosed current assets		28,137	33,937	46,008	44,725	47,555	1,381
Total current assets:		640,154	654,964	575,119	554,453	467,061	360,385
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization		15,375
Operating lease, right-of-use asset		50,099	19,096	26,156	36,664	44,773	50,366
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization		95,508	21,371	26,038	28,355	27,761	26,006
Long-term investments and receivables			1,200	1,100		1,300	1,244
Long-term investments			1,200	1,100
Accounts and financing receivable, after allowance for credit loss						1,300	1,244
Intangible asset, including goodwill, after accumulated amortization		353,018	277,381	297,104	194,787	133,834	95,256
Goodwill		258,012	241,162	243,540	162,579	118,312	87,356
Intangible asset, excluding goodwill, after accumulated amortization		95,006	36,219	53,564	32,208	15,522	7,900
Disposal group, including discontinued operation, noncurrent assets							81
Deferred income tax assets		68,774	23,804	24,613	25,114	40,351	60,169
Other noncurrent assets		7,911	6,841	6,488	6,688	6,434	5,639
Other undisclosed noncurrent assets		6,195	2,659	750	1,372	3
Total noncurrent assets:		596,880	352,352	382,249	292,980	254,456	238,761
TOTAL ASSETS:		1,237,034	1,007,316	957,368	847,433	721,517	599,146
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities		74,029	60,927	76,259	51,541	49,243	56,900
Taxes payable	✕	✕	✕	✕	211	1,402	1,376
Employee-related liabilities	✕	✕	✕	✕	25,312	22,661	27,616
Accounts payable		12,805	10,766	13,518	10,838	13,259	11,533
Accrued liabilities		61,224	50,161	62,741	15,180	11,921	16,375
Deferred revenue		36,740	37,215	71,590	70,613	34,534	24,647
Debt		5,466					11,784
Liability for uncertainty in income taxes		2,200	2,000	5,700	1,200	1,000	1,000
Estimated litigation liability							7,100
Disposal group, including discontinued operation							3
Other undisclosed current liabilities		13,727	10,897	9,832	16,890	19,038	2,379
Total current liabilities:		132,162	111,039	163,381	140,244	103,815	103,813
Noncurrent Liabilities
Long-term debt and lease obligation		68,055			35,549	43,405	52,391
Long-term debt, excluding current maturities		56,500
Finance lease, liability		11,555
Liabilities, other than long-term debt		77,281	54,856	68,142	21,530	18,390	11,647
Liability for uncertainty in income taxes
Other liabilities		27,057	33,510	40,856	21,530	18,390	11,647
Operating lease, liability		50,224	21,346	27,286	35,549	43,405	52,391
Other undisclosed noncurrent liabilities
Total noncurrent liabilities:		145,336	54,856	68,142	57,079	61,795	64,038
Total liabilities:		277,498	165,895	231,523	197,323	165,610	167,851
Equity
Equity, attributable to parent		959,536	841,421	725,845	650,110	555,907	431,295
Common stock		910	903	894	887	873	860
Treasury stock, value		(344,424)	(334,220)	(301,624)	(276,895)	(246,088)	(227,315)
Additional paid in capital		707,212	694,798	684,183	674,242	658,423	639,335
Accumulated other comprehensive income (loss)		166	(666)	(5,447)	(96)	364	344
Retained earnings		595,672	480,606	347,839	251,972	142,335	18,071
Total equity:		959,536	841,421	725,845	650,110	555,907	431,295
TOTAL LIABILITIES AND EQUITY:		1,237,034	1,007,316	957,368	847,433	721,517	599,146

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Revenues		681,263	710,004	695,208	693,034	687,314	627,704
Gross profit:		681,263	710,004	695,208	693,034	687,314	627,704
Operating expenses		(507,010)	(559,558)	(565,571)	(544,018)	(544,380)	(541,242)
Operating income:		174,253	150,446	129,637	149,016	142,934	86,462
Nonoperating income		27,187	41,675	4,632	68	3,896	6,560
Investment income, nonoperating		28,993	19,980	6,866	930	3,852	6,392
Other nonoperating income (expense)		(1,193)	22,099	(1,834)	58	211	335
Interest and debt expense		(613)	(404)	(400)	(920)	(167)	(167)
Income from continuing operations before equity method investments, income taxes:		200,827	191,717	133,869	148,164	146,663	92,855
Loss from equity method investments				(1,800)
Income from continuing operations before income taxes:		200,827	191,717	132,069	148,164	146,663	92,855
Income tax expense		(53,850)	(44,469)	(38,402)	(39,430)	(22,476)	(22,428)
Income from continuing operations:		146,977	147,248	93,667	108,734	124,187	70,427
Income before gain (loss) on sale of properties:	✕	✕	✕	✕	108,717	124,097	69,815
Loss from discontinued operations					(17)	(90)	(612)
Other undisclosed net income			404	2,200	920	167	167
Net income:		146,977	147,652	95,867	109,637	124,264	69,982
Other undisclosed net income attributable to parent		613
Net income available to common stockholders, diluted:		147,590	147,652	95,867	109,637	124,264	69,982

Comprehensive Income ($ in thousands)
Annual | Quarterly

	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Net income:	146,977	147,652	95,867	109,637	124,264	69,982
Other comprehensive income (loss)	832	4,781	(5,351)	(460)	20	642
Comprehensive income:	147,809	152,433	90,516	109,177	124,284	70,624
Other undisclosed comprehensive income, net of tax, attributable to parent	613
Comprehensive income, net of tax, attributable to parent:	148,422	152,433	90,516	109,177	124,284	70,624

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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PERDOCEO EDUCATION Corp (PRDO) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly

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PERDOCEO EDUCATION Corp (PRDO) Financial Statements (2026 and earlier)

Company Profile

Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly

Income Statement (P&L) ($ in thousands)Annual | Quarterly

Comprehensive Income ($ in thousands)Annual | Quarterly

Statements Sources

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Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

Comprehensive Income ($ in thousands)
Annual | Quarterly