Filing Flows › Laureate Education (LAUR) › Q3 2026 › vs Q2 2026
Laureate Education (LAUR) Q3 2026 vs Q2 2026 (quarter over quarter)
Laureate Education's revenue fell $131M (-21%) from $616M in Q2 2026 to $485M in Q3 2026. Operating margin 24.6% against 36.3% (-11.7 pts).
Laureate Education, Q3 2026: revenue $485M (+21% year over year), operating margin 24.6%, net earnings $101M, operating cash flow $152M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.6% | 36.3% | -11.7 pts |
| Net margin | 20.9% | 22.3% | -1.4 pts |
| Free cash flow margin | 25.5% | 13.6% | +11.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $485M | $616M | −$131M | -21% |
| Other income, net | $2.1M | −$4.7M | $6.8M | — |
| Operating profit | $119M | $223M | −$104M | -47% |
| Costs & expenses | $366M | $392M | −$26.5M | -7% |
| Pre-tax earnings | $121M | $219M | −$97.6M | -45% |
| Cost of revenue | $353M | $378M | −$24.8M | -7% |
| General & admin | $12.6M | $14.2M | −$1.7M | -12% |
| Net earnings | $101M | $137M | −$35.9M | -26% |
| Income tax | $20.0M | $81.7M | −$61.7M | -76% |
| Share-based compensation | $3.9M | $4.1M | −$251K | -6% |
| Working capital & other | $46.7M | −$30.3M | $76.9M | — |
| Operating cash flow | $152M | $111M | $40.8M | +37% |
| Free cash flow (OCF − capex) | $124M | $83.8M | $40.0M | +48% |
| Capital expenditures | $27.9M | $27.2M | $747K | +3% |
Questions
How much did Laureate Education's revenue grow quarter over quarter in Q3 2026?
Laureate Education's revenue fell $131M (-21%) from $616M in Q2 2026 to $485M in Q3 2026. Operating margin 24.6% against 36.3% (-11.7 pts).