Filing Flows › Phoenix Education Partners (PXED) › Q3 FY26 › vs Q2 FY26
Phoenix Education Partners (PXED) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Phoenix Education Partners's revenue rose $49.3M (+22%) from $222M in Q2 FY26 to $272M in Q3 FY26. Operating margin 19.1% against 6.3% (+12.8 pts).
Phoenix Education Partners, Q3 FY26: revenue $272M (0% year over year), operating margin 19.1%, net earnings $39.2M, operating cash flow $36.7M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Operating margin | 19.1% | 6.3% | +12.8 pts |
| Net margin | 14.4% | 4.8% | +9.6 pts |
| Free cash flow margin | 11.7% | 19.6% | -7.9 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $272M | $222M | $49.3M | +22% |
| Other income, net | $1.5M | $1.2M | $306K | +25% |
| Operating profit | $51.8M | $14.0M | $37.8M | +270% |
| Costs & expenses | $220M | $208M | $11.5M | +6% |
| Pre-tax earnings | $53.4M | $15.2M | $38.1M | +250% |
| General & admin | $97.8M | $98.1M | −$351K | -0.4% |
| Other operating costs | $122M | $110M | $11.9M | +11% |
| Loss borne by minority interests | $261K | $311K | −$50K | -16% |
| Net earnings | $39.2M | $10.8M | $28.4M | +263% |
| Income tax | $14.5M | $4.8M | $9.7M | +203% |
| Depreciation & amortization | $5.6M | $5.7M | −$130K | -2% |
| Share-based compensation | $8.5M | $9.7M | −$1.2M | -13% |
| Working capital & other | $16.5M | −$22.7M | $39.2M | — |
| Operating cash flow | $36.7M | $48.9M | −$12.2M | -25% |
| Free cash flow (OCF − capex) | $31.8M | $43.5M | −$11.7M | -27% |
| Capital expenditures | $4.9M | $5.4M | −$449K | -8% |
Questions
How much did Phoenix Education Partners's revenue grow quarter over quarter in Q3 FY26?
Phoenix Education Partners's revenue rose $49.3M (+22%) from $222M in Q2 FY26 to $272M in Q3 FY26. Operating margin 19.1% against 6.3% (+12.8 pts).