Filing Flows › Perdoceo Education (PRDO) › Q3 2026
Perdoceo Education (PRDO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Perdoceo Education (PRDO) reported revenue of $216M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +1% from the quarter before. Operating margin was 25.5%, net earnings $44.4M (20.6% of revenue).
Perdoceo Education, Q3 2026: revenue $216M (+2% year over year), operating margin 25.5%, net earnings $44.4M, operating cash flow $79.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216M | +1% | +2% |
| Operating profit | $55.1M | +0.4% | +8% |
| Net earnings | $44.4M | -7% | +11% |
| Operating cash flow | $79.7M | +7% | +93% |
| Free cash flow | $77.6M | +6% | +97% |
What changed
Revenue was $215.9M in Q3 2026, up 2% year over year and up 1% from the previous quarter. Tuition and Fees Net was the largest line at 99% of revenue. Tuition and Fees Net added $4.0M year over year (up 2%), 101% of the total change. Product and Service Other declined 4%.
Operating profit was $55.1M, a 25.5% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 104% reached operating profit, above the 24% margin then. Total costs fell 0% while revenue rose 2%. Net earnings were $44.4M, up 11% year over year. The effective tax rate was 27.0%.
Operating cash flow was $79.7M (up 93% year over year), 180% of net earnings. Non-cash charges added back $9.4M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $22.9M. Capital expenditures of $2.2M left free cash flow of $77.6M.
Questions
What was Perdoceo Education's revenue in the third quarter 2026?
Perdoceo Education (PRDO) reported revenue of $216M for the third quarter 2026 (Q3 2026), +2% from a year earlier and +1% from the quarter before.
Was Perdoceo Education profitable in the third quarter 2026?
Operating profit was $55.1M (25.5% of revenue) and net earnings $44.4M.
Source: Perdoceo Education 10-Q on SEC EDGAR.