Adtalem Global Education Inc. (ATGE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 503.38M | 462.29M | 457.11M | 466.06M | 447.73M | 417.4M | 409.91M | 412.66M | 393.24M | 368.85M | 364.64M | 369.08M | 362.83M | 354.27M | 360.65M | 364.28M | 371.2M | 289.07M | 280.37M | 230.21M |
| Revenue Growth % | 12.43% | 10.75% | 11.51% | 12.94% | 13.86% | 13.16% | 12.41% | 11.81% | 8.38% | 4.11% | 1.11% | 1.32% | -2.25% | 22.55% | 28.63% | 58.24% | 58.36% | 7.76% | 7.95% | -15.2% |
| Cost of Goods Sold | 205.43M | 200.77M | 185.35M | 199.87M | 186.64M | 186M | 182.54M | 175.32M | 168.6M | 168.62M | 163.72M | 165.82M | 159.3M | 159.65M | 161.28M | 166.03M | 180.42M | 152.05M | 125.64M | 114.98M |
| COGS % of Revenue | 40.81% | 43.43% | 40.55% | 42.89% | 41.69% | 44.56% | 44.53% | 42.49% | 42.88% | 45.72% | 44.9% | 44.93% | 43.91% | 45.06% | 44.72% | 45.58% | 48.6% | 52.6% | 44.81% | 49.94% |
| Gross Profit | 297.96M | 261.52M | 271.75M | 266.19M | 261.09M | 231.41M | 227.37M | 237.34M | 224.64M | 200.23M | 200.92M | 203.26M | 203.53M | 194.62M | 199.37M | 198.25M | 190.78M | 137.02M | 154.74M | 115.24M |
| Gross Margin % | 59.19% | 56.57% | 59.45% | 57.11% | 58.31% | 55.44% | 55.47% | 57.51% | 57.12% | 54.28% | 55.1% | 55.07% | 56.09% | 54.94% | 55.28% | 54.42% | 51.4% | 47.4% | 55.19% | 50.06% |
| Gross Profit Growth % | 14.12% | 13.01% | 19.52% | 12.16% | 16.23% | 15.57% | 13.16% | 16.76% | 10.37% | 2.88% | 0.78% | 2.53% | 6.68% | 42.04% | 28.84% | 72.04% | 67.98% | -11.34% | 7.7% | -24.57% |
| Operating Expenses | 186.85M | 176.04M | 194.44M | 175.68M | 157.22M | 161.17M | 158.84M | 175.61M | 158.4M | 172.03M | 161.37M | 143.83M | 157.98M | 170.99M | 153.41M | 165.31M | 166.04M | 159.08M | 114.5M | 79.28M |
| OpEx % of Revenue | 37.12% | 38.08% | 42.54% | 37.69% | 35.12% | 38.61% | 38.75% | 42.56% | 40.28% | 46.64% | 44.25% | 38.97% | 43.54% | 48.27% | 42.54% | 45.38% | 44.73% | 55.03% | 40.84% | 34.44% |
| Selling, General & Admin | 182.79M | 175.73M | 180.86M | 175.17M | 156.9M | 159.07M | 164.68M | 161.12M | 158.4M | 166.09M | 143.3M | 144.53M | 141.8M | 146.38M | 139.31M | 148.86M | 153.6M | 129.44M | 107.87M | 74.41M |
| SG&A % of Revenue | 36.31% | 38.01% | 39.57% | 37.59% | 35.04% | 38.11% | 40.18% | 39.04% | 40.28% | 45.03% | 39.3% | 39.16% | 39.08% | 41.32% | 38.63% | 40.86% | 41.38% | 44.78% | 38.47% | 32.32% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 310K | 1000K | 510K | 322K | 1000K | -1000K | 1000K | 0 | 1000K | 1000K | -693K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 111.11M | 85.48M | 76.92M | 90.51M | 103.87M | 70.24M | 68.52M | 61.73M | 66.24M | 28.19M | 39.56M | 59.43M | 45.55M | 23.63M | 45.96M | 32.95M | 24.73M | -22.06M | 40.24M | 35.96M |
| Operating Margin % | 22.07% | 18.49% | 16.83% | 19.42% | 23.2% | 16.83% | 16.72% | 14.96% | 16.84% | 7.64% | 10.85% | 16.1% | 12.55% | 6.67% | 12.74% | 9.04% | 6.66% | -7.63% | 14.35% | 15.62% |
| Operating Income Growth % | 6.97% | 21.7% | 12.26% | 46.63% | 56.82% | 149.12% | 73.23% | 3.86% | 45.41% | 19.29% | -13.94% | 80.37% | 84.16% | 207.12% | 14.22% | -8.38% | -14.9% | -160.11% | 85.26% | -34% |
| EBITDA | 132.07M | 105.79M | 97.38M | 114.83M | 124.01M | 89.79M | 91.38M | 88.77M | 95.08M | 57.41M | 61.62M | 93.13M | 81.29M | 72.67M | 80.37M | 81.94M | 79.16M | 17.21M | 64M | 57.23M |
| EBITDA Margin % | 26.24% | 22.88% | 21.3% | 24.64% | 27.7% | 21.51% | 22.29% | 21.51% | 24.18% | 15.57% | 16.9% | 25.23% | 22.4% | 20.51% | 22.29% | 22.49% | 21.33% | 5.95% | 22.83% | 24.86% |
| EBITDA Growth % | 6.5% | 17.82% | 6.57% | 29.36% | 30.43% | 56.4% | 48.3% | -4.69% | 16.97% | -21% | -23.34% | 13.67% | 2.68% | 322.28% | 25.59% | 43.16% | 70.87% | -72.61% | 94.21% | -25.35% |
| D&A (Non-Cash Add-back) | 20.95M | 20.32M | 20.45M | 24.32M | 20.14M | 19.56M | 22.85M | 27.04M | 28.84M | 29.22M | 22.06M | 33.7M | 35.74M | 49.04M | 34.41M | 48.99M | 54.43M | 39.27M | 23.76M | 21.27M |
| EBIT | 111.52M | 86.39M | 79.44M | 90.7M | 103.89M | 70.75M | 72.77M | 80.65M | 62.17M | 30.41M | 57.63M | 62.14M | 43.42M | 23.72M | 60.06M | 32.62M | 25.59M | -42.04M | 41.84M | 37.35M |
| Net Interest Income | -8.04M | -7.71M | -9.15M | -11M | -11.5M | -12.45M | -12.94M | -14.39M | -14.15M | -13M | -15.29M | -14.46M | -12.98M | -16.15M | -19.44M | -35.54M | -25.07M | -46.52M | -24.42M | -7.64M |
| Interest Income | 1.57M | 1.81M | 1.71M | 2.07M | 191K | 2.03M | 1.81M | 2.17M | 2.54M | 2.66M | 0 | 0 | 2.61M | 1.57M | 0 | 1.04M | 861K | 878K | 961K | 910K |
| Interest Expense | 9.62M | 9.52M | 10.85M | 13.07M | 11.69M | 14.48M | 14.75M | 16.56M | 16.69M | 15.66M | 15.29M | 14.46M | 15.59M | 17.76M | 19.44M | 36.59M | 25.93M | 47.39M | 25.38M | 8.55M |
| Other Income/Expense | -9.21M | -8.6M | -8.34M | -11.18M | -11.67M | -11.84M | -12.86M | -13.69M | -20.75M | -13.44M | -11.63M | -10.48M | -17.03M | -17M | -20.77M | -36.91M | -25.07M | -46.52M | -23.79M | -7.17M |
| Pretax Income | 101.9M | 76.87M | 68.58M | 79.33M | 92.2M | 58.4M | 55.67M | 48.04M | 45.48M | 14.75M | 27.93M | 48.95M | 28.52M | 6.63M | 25.2M | -3.96M | -334K | -68.58M | 16.45M | 28.8M |
| Pretax Margin % | 20.24% | 16.63% | 15% | 17.02% | 20.59% | 13.99% | 13.58% | 11.64% | 11.57% | 4% | 7.66% | 13.26% | 7.86% | 1.87% | 6.99% | -1.09% | -0.09% | -23.72% | 5.87% | 12.51% |
| Income Tax | 25.73M | 15.81M | 14.12M | 18.54M | 21.02M | 12.16M | 5.07M | 10.6M | 7.77M | 2.79M | 4.38M | 389K | 4.39M | 1.12M | 24.06M | -8.36M | -39.37M | 8.6M | 3.59M | 4.56M |
| Effective Tax Rate % | 25.25% | 20.57% | 20.59% | 23.37% | 22.8% | 20.82% | 9.1% | 22.06% | 17.08% | 18.93% | 15.67% | 0.79% | 15.41% | 16.91% | 95.49% | 211.03% | 11786.83% | -12.55% | 21.84% | 15.83% |
| Net Income | 76.38M | 61.83M | 54.21M | 60.83M | 75.86M | 46.16M | 49.42M | 36.82M | 39.89M | 10.65M | 22.24M | 45.87M | 24.65M | 592K | 6.75M | 347.74M | 17.85M | -58M | 9.01M | 24.65M |
| Net Margin % | 15.17% | 13.38% | 11.86% | 13.05% | 16.94% | 11.06% | 12.06% | 8.92% | 10.14% | 2.89% | 6.1% | 12.43% | 6.79% | 0.17% | 1.87% | 95.46% | 4.81% | -20.07% | 3.21% | 10.71% |
| Net Income Growth % | 0.69% | 33.94% | 9.7% | 65.21% | 90.16% | 333.64% | 122.17% | -19.73% | 61.81% | 1698.31% | 229.74% | -86.81% | 38.09% | 101.02% | -25.14% | 1310.6% | -23.43% | -391.04% | 103.52% | -83.66% |
| Net Income (Continuing) | 76.17M | 61.06M | 54.46M | 60.79M | 71.18M | 46.24M | 50.6M | 37.44M | 37.71M | 11.96M | 23.55M | 48.56M | 24.13M | 5.51M | 1.14M | 4.4M | 39.03M | -77.18M | 12.86M | 24.24M |
| Discontinued Operations | 205K | 770K | -250K | 38K | 1000K | -80K | -1000K | -620K | 1000K | -1000K | -1000K | -1000K | 527K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 312K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.79M | 1.79M | 1.79M | 2.49M |
| EPS (Diluted) | 2.10 | 1.65 | 1.45 | 1.59 | 1.98 | 1.18 | 1.32 | 0.93 | 0.98 | 0.25 | 0.50 | 1.01 | 0.52 | 0.13 | 0.05 | 0.12 | 0.36 | -1.17 | 0.18 | 0.48 |
| EPS Growth % | 6.06% | 39.83% | 9.85% | 70.97% | 102.04% | 372% | 164% | -7.92% | 88.46% | 92.31% | 829.37% | 741.67% | 44.44% | 111.11% | -70.11% | -75% | -18.18% | -407.89% | 103.7% | -83.04% |
| EPS (Basic) | 2.11 | 1.69 | 1.51 | 1.64 | 2.03 | 1.22 | 1.34 | 0.95 | 1.00 | 0.26 | 0.51 | 1.03 | 0.53 | 0.13 | 0.05 | 0.12 | 0.36 | -1.17 | 0.18 | 0.49 |
| Diluted Shares Outstanding | 36.23M | 37.06M | 37.58M | 38.23M | 38.4M | 39.11M | 38.59M | 39.64M | 40.79M | 42.18M | 44.13M | 45.8M | 46.12M | 46.34M | 45.76M | 49.38M | 50.24M | 49.66M | 50.33M | 51.11M |
| Basic Shares Outstanding | 35.73M | 36.11M | 36.03M | 37.14M | 37.44M | 37.72M | 37.64M | 38.71M | 39.87M | 41.4M | 43.29M | 45.13M | 45.42M | 45.27M | 45.16M | 48.92M | 49.78M | 49.66M | 49.88M | 50.66M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |