Filing Flows › Perdoceo Education (PRDO) › Q4 2025
Perdoceo Education (PRDO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Perdoceo Education (PRDO) reported revenue of $212M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and -0.1% from the quarter before. Operating margin was 19.8%, net earnings $35.3M (16.7% of revenue).
Perdoceo Education, Q4 2025: revenue $212M (+20% year over year), operating margin 19.8%, net earnings $35.3M, operating cash flow $40.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $212M | -0.1% | +20% |
| Operating profit | $41.9M | -18% | +13% |
| Net earnings | $35.3M | -11% | +12% |
| Operating cash flow | $40.1M | -3% | +128% |
| Free cash flow | $37.9M | -4% | +137% |
What changed
Revenue was $211.6M in Q4 2025, up 20% year over year and roughly flat from the previous quarter. Tuition and Fees Net was the largest line at 99% of revenue.
Operating profit was $41.9M, a 19.8% margin (down 1.3 points year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, below the 21% margin then. Total costs grew 22% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+39%). Net earnings were $35.3M, up 12% year over year. The effective tax rate was 26.5%.
Operating cash flow was $40.1M (up 128% year over year), 113% of net earnings. Non-cash charges added back $9.7M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $8.0M. Capital expenditures of $2.2M left free cash flow of $37.9M.
Questions
What was Perdoceo Education's revenue in the fourth quarter 2025?
Perdoceo Education (PRDO) reported revenue of $212M for the fourth quarter 2025 (Q4 2025), +20% from a year earlier and -0.1% from the quarter before.
Was Perdoceo Education profitable in the fourth quarter 2025?
Operating profit was $41.9M (19.8% of revenue) and net earnings $35.3M.
Source: Perdoceo Education 10-K on SEC EDGAR.