NASDAQ$PRDO

Perdoceo Education Corporation · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Perdoceo Education Corporation reported strong Q2 2025 results driven by the USAHS acquisition and organic enrollment growth at CTU and AIUS.

Revenue for the quarter ended June 30, 2025 increased 25.7% to $209.6 million compared to the prior year quarter, primarily due to the USAHS acquisition completed in December 2024 along with enrollment growth at CTU and AIUS. Operating income rose 11.7% to $51.4 million and net income increased 6.8% to $41.0 million. Total student enrollments grew 17.4% year-over-year to 46,500 as of quarter end.

  • Q2 revenue reached $209.6 million, up 25.7% year-over-year, with USAHS contributing $36.7 million.
  • Operating income increased to $51.4 million and diluted EPS rose to $0.62 from $0.57 in Q2 2024.
  • Total student enrollments grew 17.4% to 46,500, with CTU up 7.4% and AIUS up 7.1%.
  • Full year 2025 revenue expected to be higher due to USAHS acquisition and continued growth at CTU and AIUS.

Headline financials

Total Revenue

$210M

Previous: $167M+25.7%
EPS (adj)

$0.62

Previous: $0.57+8.8%
Total Student Enrollments

46.5K

No prior period
Capital Expenditures

-$4.49M

Previous: -$2.02M-122.0%
Net Income

$41M

Previous: $38.4M+6.8%
Operating Income

$51.4M

Previous: $46M+11.7%
Cash & Equivalents

$172M

No prior period

Revenue & EPS history

Perdoceo · Revenue · Quarterly

$210M

Q2 2025+25.7%vs Q2 2024
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Perdoceo · $210M total across 4 segments · Q2 2025

  • CTU
    $118M
  • AIUS
    $54.7M
  • USAHS
    $36.7M
  • Corporate and Other
    $191K

Forward guidance

Full year revenue expected to be higher for 2025 due to the USAHS acquisition and growth in revenue and student enrollments within CTU and AIUS.

Tailwinds

  • High levels of student retention and engagement expected to continue
  • Increased prospective student interest experienced in Q2

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.9%

Avg return

Earnings day

+4.3%

Avg return

5 days after

+4.4%

Avg return

30 days after

49%

34 / 69 earnings

Positive

+31.7%

Q1 2024

Best reaction

-30.4%

Q1 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-0.9%+1.4%-0.5%
Q4 2025+4.2%+5.8%+9.6%
Q3 2025-1.9%-1.0%-8.9%
Q1 2025+22.3%+20.6%+35.2%
Q4 2024-5.9%-9.3%-14.7%
Q3 2024+9.9%+4.4%+7.4%
Q2 2024-2.6%-9.1%-11.1%
Q1 2024+31.7%+33.1%+23.0%
Q4 2023-0.7%+3.6%+4.4%
Q3 2023-3.6%-7.2%-3.7%
Q2 2023+14.9%+20.7%+25.5%
Q1 2023-5.1%-3.0%+0.2%
Q4 2022-2.1%-0.6%-6.5%
Q3 2022+16.0%+24.2%+20.5%
Q2 2022-6.3%-4.8%-15.0%
Q1 2022-3.7%-4.3%-0.5%
Q4 2021+3.1%+5.4%+16.6%
Q3 2021+0.7%-4.2%-4.6%
Q2 2021-1.5%-4.0%-8.0%
Q1 2021+0.7%-1.0%+4.4%
Q4 2020-4.2%-2.2%-7.4%
Q3 2020-10.5%-5.6%-0.2%
Q2 2020+4.0%+14.4%-5.2%
Q1 2020+15.4%+14.6%+31.6%
Q4 2019+0.3%-5.5%-50.7%
Q3 2019+5.8%+8.5%+11.7%
Q2 2019+12.8%+13.6%+6.5%
Q1 2019+7.2%+2.9%+11.3%
Q4 2018+18.0%+20.5%+15.1%
Q3 2018-6.7%-9.3%-6.2%
Q2 2018-4.3%-8.4%-13.3%
Q1 2018+13.5%+12.0%+23.1%
Q4 2017+16.8%+16.6%+12.9%
Q3 2017+13.8%+17.6%+24.9%
Q2 2017+2.3%+6.4%+14.6%
Q1 2017+9.2%+2.1%-0.9%
Q4 2016-12.4%-12.3%-8.8%
Q3 2016-4.1%+3.3%+43.8%
Q2 2016+2.8%+7.0%-5.4%
Q1 2016+12.2%
Q4 2015+29.4%
Q3 2015+8.0%
Q2 2015+29.6%
Q1 2015+17.0%
Q4 2014+12.4%
Q3 2014-7.3%
Q2 2014-1.1%
Q1 2014-30.4%
Q4 2013+10.8%
Q3 2013-18.6%
Q2 2013-1.7%
Q1 2013+4.9%
Q4 2012-11.8%
Q3 2012-18.2%
Q2 2012-19.8%
Q1 2012-11.2%
Q4 2008-23.7%
Q4 2011-23.7%
Q3 2008-10.0%
Q2 2008-15.6%
Q1 2008+1.6%
Q4 2010-6.6%
Q3 2009-2.3%
Q3 2010-2.3%
Q2 2010-7.7%
Q2 2009-7.7%
Q1 2010+1.4%
Q4 2009+1.4%
Q1 2009+1.4%

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