Perdoceo Education Corporation (PRDO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 221.74M | 211.64M | 211.87M | 209.58M | 213M | 176.43M | 169.83M | 166.74M | 168.26M | 147.92M | 179.92M | 186.56M | 195.6M | 176.15M | 168.42M | 167.68M | 182.96M | 159.86M | 174M | 175.54M |
| Revenue Growth % | 4.1% | 19.96% | 24.76% | 25.69% | 26.59% | 19.28% | -5.61% | -10.63% | -13.97% | -16.02% | 6.83% | 11.26% | 6.91% | 10.19% | -3.21% | -4.47% | -0.37% | -6.6% | 2.88% | -0.28% |
| Cost of Goods Sold | 56.41M | 97.32M | 43.06M | 50.24M | 48.54M | 35.2M | 28.29M | 27.52M | 29.86M | 30.22M | 33.5M | 32.75M | 33.85M | 31.22M | 30.15M | 27.27M | 28.09M | 25.28M | 25.96M | 28.53M |
| COGS % of Revenue | 25.44% | 45.99% | 20.32% | 23.97% | 22.79% | 19.95% | 16.66% | 16.5% | 17.74% | 20.43% | 18.62% | 17.55% | 17.31% | 17.72% | 17.9% | 16.26% | 15.35% | 15.81% | 14.92% | 16.25% |
| Gross Profit | 165.33M | 114.31M | 168.81M | 159.34M | 164.46M | 141.23M | 141.54M | 139.22M | 138.41M | 117.7M | 146.42M | 153.82M | 161.75M | 144.93M | 138.27M | 140.41M | 154.87M | 134.58M | 148.04M | 147.01M |
| Gross Margin % | 74.56% | 54.01% | 79.68% | 76.03% | 77.21% | 80.05% | 83.34% | 83.5% | 82.26% | 79.57% | 81.38% | 82.45% | 82.69% | 82.28% | 82.1% | 83.74% | 84.65% | 84.19% | 85.08% | 83.75% |
| Gross Profit Growth % | 0.53% | -19.06% | 19.27% | 14.45% | 18.83% | 20% | -3.33% | -9.49% | -14.43% | -18.79% | 5.89% | 9.54% | 4.44% | 7.69% | -6.6% | -4.48% | 0.13% | -5.58% | 4.57% | -0.24% |
| Operating Expenses | 102.21M | 72.39M | 117.85M | 107.94M | 112.73M | 104.06M | 96.75M | 93.22M | 92.13M | 101.75M | 103.35M | 105.72M | 118.41M | 122.25M | 108.95M | 106.47M | 111.18M | 100.01M | 110.18M | 111.05M |
| OpEx % of Revenue | 46.09% | 34.21% | 55.62% | 51.5% | 52.93% | 58.98% | 56.97% | 55.91% | 54.75% | 68.79% | 57.44% | 56.67% | 60.54% | 69.41% | 64.69% | 63.49% | 60.77% | 62.56% | 63.32% | 63.26% |
| Selling, General & Admin | 102.21M | 110.44M | 101.76M | 92.34M | 100.93M | 96.56M | 93.69M | 89.31M | 80.93M | 86.06M | 84.46M | 92.42M | 101.93M | 105.32M | 95.98M | 90.67M | 92.58M | 87.06M | 96.1M | 94.68M |
| SG&A % of Revenue | 46.09% | 52.19% | 48.03% | 44.06% | 47.38% | 54.73% | 55.17% | 53.56% | 48.09% | 58.18% | 46.94% | 49.54% | 52.11% | 59.79% | 56.99% | 54.07% | 50.6% | 54.46% | 55.23% | 53.94% |
| 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 | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 63.12M | 41.92M | 50.96M | 51.4M | 51.73M | 37.17M | 44.79M | 46.01M | 46.28M | 15.94M | 43.07M | 48.09M | 43.34M | 22.67M | 29.32M | 33.95M | 43.69M | 34.58M | 37.86M | 35.96M |
| Operating Margin % | 28.47% | 19.81% | 24.05% | 24.52% | 24.28% | 21.07% | 26.38% | 27.59% | 27.5% | 10.78% | 23.94% | 25.78% | 22.16% | 12.87% | 17.41% | 20.24% | 23.88% | 21.63% | 21.76% | 20.49% |
| Operating Income Growth % | 22.03% | 12.77% | 13.76% | 11.72% | 11.77% | 133.17% | 4% | -4.34% | 6.79% | -29.69% | 46.89% | 41.68% | -0.82% | -34.42% | -22.55% | -5.61% | 7.57% | -4.46% | 18.04% | -3.76% |
| EBITDA | 72.47M | 51.58M | 60.97M | 61.55M | 63.53M | 42.68M | 47.85M | 49.08M | 49.29M | 19.39M | 46.99M | 52.46M | 48.49M | 27.55M | 34.39M | 38.85M | 48.58M | 39.54M | 41.75M | 39.88M |
| EBITDA Margin % | 32.68% | 24.37% | 28.78% | 29.37% | 29.83% | 24.19% | 28.17% | 29.43% | 29.3% | 13.11% | 26.12% | 28.12% | 24.79% | 15.64% | 20.42% | 23.17% | 26.55% | 24.73% | 23.99% | 22.72% |
| EBITDA Growth % | 14.06% | 20.84% | 27.44% | 25.41% | 28.89% | 120.1% | 1.83% | -6.46% | 1.66% | -29.62% | 36.63% | 35.02% | -0.17% | -30.32% | -17.63% | -2.56% | 8.87% | -1.62% | 15.74% | -3.96% |
| D&A (Non-Cash Add-back) | 9.35M | 9.66M | 10.02M | 10.15M | 11.81M | 5.51M | 3.05M | 3.07M | 3.02M | 3.45M | 3.91M | 4.37M | 5.16M | 4.88M | 5.07M | 4.91M | 4.88M | 4.96M | 3.89M | 3.91M |
| EBIT | 63.12M | 49.65M | 56.02M | 57.85M | 54.82M | 43.3M | 52.44M | 46.84M | 53.19M | 21.49M | 48.19M | 74.7M | 47.15M | 24.53M | 31.39M | 34.81M | 43.94M | 34.74M | 37.9M | 36.25M |
| Net Interest Income | 5.01M | 6.73M | 3.47M | 4.85M | 4.79M | 7.22M | 7.62M | 7.08M | 6.46M | 6.3M | 5.11M | 4.43M | 3.72M | 3.07M | 2.17M | 995K | 230K | 95K | -418K | 42K |
| Interest Income | 6.54M | 8.31M | 5.06M | 6.46M | 6.48M | 7.31M | 7.7M | 7.19M | 6.79M | 6.42M | 5.21M | 4.53M | 3.82M | 3.17M | 2.27M | 1.09M | 333K | 95K | 154K | 322K |
| Interest Expense | 1.53M | 1.58M | 1.59M | 1.61M | 1.68M | 84K | 82K | 112K | 335K | 116K | 97K | 96K | 95K | 102K | 96K | 99K | 103K | 0 | 572K | 280K |
| Other Income/Expense | 5.01M | 6.15M | 5.06M | 4.84M | 4.78M | 6.04M | 7.57M | 7.01M | 6.57M | 6.43M | 5.01M | 26.51M | 3.72M | 1.75M | 1.97M | 769K | 141K | 203K | -535K | 6K |
| Pretax Income | 68.13M | 48.07M | 56.02M | 56.24M | 56.51M | 43.21M | 52.36M | 53.01M | 52.85M | 22.38M | 48.09M | 74.6M | 47.05M | 24.43M | 31.29M | 34.72M | 43.83M | 34.78M | 37.33M | 35.97M |
| Pretax Margin % | 30.72% | 22.71% | 26.44% | 26.83% | 26.53% | 24.49% | 30.83% | 31.79% | 31.41% | 15.13% | 26.73% | 39.99% | 24.06% | 13.87% | 18.58% | 20.7% | 23.96% | 21.76% | 21.45% | 20.49% |
| Income Tax | 14.18M | 12.72M | 16.17M | 15.21M | 12.82M | 11.75M | 14.11M | 14.59M | 13.41M | 5.19M | 6.78M | 19.93M | 12.57M | 8.47M | 9.22M | 8.95M | 11.76M | 10.31M | 9.56M | 9.32M |
| Effective Tax Rate % | 20.81% | 26.47% | 28.87% | 27.05% | 22.68% | 27.19% | 26.94% | 27.51% | 25.37% | 23.19% | 14.1% | 26.71% | 26.71% | 34.69% | 29.48% | 25.78% | 26.82% | 29.64% | 25.6% | 25.91% |
| Net Income | 53.95M | 35.35M | 39.85M | 41.03M | 43.69M | 31.46M | 38.26M | 38.43M | 39.44M | 17.19M | 41.31M | 54.67M | 34.48M | 15.96M | 22.07M | 25.77M | 32.08M | 24.47M | 27.77M | 26.65M |
| Net Margin % | 24.33% | 16.7% | 18.81% | 19.58% | 20.51% | 17.83% | 22.53% | 23.05% | 23.44% | 11.62% | 22.96% | 29.31% | 17.63% | 9.06% | 13.1% | 15.37% | 17.53% | 15.3% | 15.96% | 15.18% |
| Net Income Growth % | 23.49% | 12.34% | 4.17% | 6.76% | 10.77% | 83.06% | -7.39% | -29.71% | 14.38% | 7.73% | 87.19% | 112.18% | 7.5% | -34.79% | -20.53% | -3.31% | 4.31% | -9.56% | -30.47% | -5.39% |
| Net Income (Continuing) | 53.95M | 35.35M | 39.85M | 41.03M | 43.69M | 31.46M | 38.26M | 38.43M | 39.44M | 17.19M | 41.31M | 54.67M | 34.48M | 15.96M | 22.07M | 25.77M | 32.08M | 24.47M | 27.77M | 26.65M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4K | -1K | -1K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.85 | 0.54 | 0.60 | 0.62 | 0.65 | 0.47 | 0.57 | 0.57 | 0.59 | 0.26 | 0.62 | 0.80 | 0.50 | 0.23 | 0.32 | 0.37 | 0.46 | 0.35 | 0.39 | 0.37 |
| EPS Growth % | 30.77% | 14.89% | 5.26% | 8.77% | 10.17% | 80.77% | -8.06% | -28.75% | 18% | 13.04% | 93.75% | 116.22% | 8.7% | -34.29% | -17.95% | 0% | 6.98% | -7.89% | -30.36% | -7.5% |
| EPS (Basic) | 0.86 | 0.56 | 0.62 | 0.63 | 0.67 | 0.48 | 0.58 | 0.59 | 0.60 | 0.26 | 0.63 | 0.81 | 0.51 | 0.24 | 0.33 | 0.38 | 0.47 | 0.35 | 0.40 | 0.38 |
| Diluted Shares Outstanding | 63.43M | 64.97M | 66.01M | 66.87M | 66.87M | 67.46M | 67.31M | 67.08M | 66.84M | 67.19M | 67.1M | 68.53M | 68.51M | 68.42M | 68.55M | 69.18M | 69.57M | 70.33M | 71.47M | 71.68M |
| Basic Shares Outstanding | 62.5M | 63.59M | 66.42M | 65.68M | 65.68M | 65.72M | 65.7M | 65.61M | 65.56M | 65.61M | 65.63M | 67.42M | 67.23M | 67.17M | 67.51M | 68.34M | 68.75M | 69.56M | 70.09M | 70.3M |
| Dividend Payout Ratio | 19.05% | 26.8% | 24.25% | 20.76% | 21.06% | 27.15% | 22.33% | 19.3% | 18.25% | 41.86% | 17.48% | - | - | - | - | - | - | - | - | - |