Filing Flows › Phoenix Education Partners (PXED) › Q4 FY26
Phoenix Education Partners (PXED) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Nov 3, 2026
Phoenix Education Partners (PXED) reported revenue of $261M for the fourth quarter fiscal 2026 (Q4 FY26), +1% from a year earlier and -4% from the quarter before. Operating margin was 12.0%, net earnings $23.5M (9.0% of revenue).
Phoenix Education Partners, Q4 FY26: revenue $261M (+1% year over year), operating margin 12.0%, net earnings $23.5M, operating cash flow $79.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $261M | -4% | +1% |
| Operating profit | $31.2M | -40% | +44% |
| Net earnings | $23.5M | -40% | +34% |
| Operating cash flow | $79.6M | +117% | +124% |
| Free cash flow | $74.2M | +133% | +151% |
What changed
Revenue was $260.7M in Q4 FY26, up 1% year over year and down 4% from the previous quarter.
Operating profit was $31.2M, a 12.0% margin (up 3.6 points year over year). Of the extra revenue versus Q4 FY25, 290% reached operating profit, above the 8% margin then. Total costs fell 3% while revenue rose 1%. Net earnings were $23.5M, up 34% year over year ($23.2M including minority interests, which bore $263K of losses). The effective tax rate was 30.4%.
Operating cash flow was $79.6M (up 124% year over year), 343% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $9.6M of share-based compensation. Working capital and other items added $40.2M. Capital expenditures of $5.5M left free cash flow of $74.2M.
Questions
What was Phoenix Education Partners' revenue in the fourth quarter fiscal 2026?
Phoenix Education Partners (PXED) reported revenue of $261M for the fourth quarter fiscal 2026 (Q4 FY26), +1% from a year earlier and -4% from the quarter before.
Was Phoenix Education Partners profitable in the fourth quarter fiscal 2026?
Operating profit was $31.2M (12.0% of revenue) and net earnings $23.5M.