Filing Flows › Phoenix Education Partners (PXED) › Q1 FY26
Phoenix Education Partners (PXED) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jan 13, 2026
Phoenix Education Partners (PXED) reported revenue of $262M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier. Operating margin was 9.8%, net earnings $15.5M (5.9% of revenue).
Phoenix Education Partners, Q1 FY26: revenue $262M (+3% year over year), operating margin 9.8%, net earnings $15.5M, operating cash flow $31.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $262M | — | +3% |
| Operating profit | $25.6M | — | -57% |
| Net earnings | $15.5M | — | -67% |
| Operating cash flow | $31.1M | — | — |
| Free cash flow | $26.4M | — | — |
What changed
Revenue was $262.0M in Q1 FY26, up 3% year over year.
Operating profit was $25.6M, a 9.8% margin (down 13.7 points year over year). Operating profit fell $34.1M even though revenue rose $7.3M versus a year earlier, so costs grew faster than sales. Total costs grew 21% against revenue growth of 3%. The fastest-growing cost line was General & admin (+30%). Net earnings were $15.5M, down 67% year over year. The effective tax rate was 43.0%.
Operating cash flow was $31.1M, 201% of net earnings. Non-cash charges added back $5.5M of depreciation and amortization and $29.5M of share-based compensation. Working capital and other items used $19.4M. Capital expenditures of $4.7M left free cash flow of $26.4M.
Questions
What was Phoenix Education Partners' revenue in the first quarter fiscal 2026?
Phoenix Education Partners (PXED) reported revenue of $262M for the first quarter fiscal 2026 (Q1 FY26), +3% from a year earlier.
Was Phoenix Education Partners profitable in the first quarter fiscal 2026?
Operating profit was $25.6M (9.8% of revenue) and net earnings $15.5M.