Perdoceo Education (PRDO) Cost of Revenue (2016 - 2026)
Quarterly Cost of Revenue fell 3.04% to $47.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $196.1 million through Mar 2026, up 40.5% year-over-year, with the annual reading at $197.5 million for FY2025, 63.45% up from the prior year.
Perdoceo Education filings provide 18 years of Cost of Revenue readings, the most recent being $47.1 million for Q1 2026.
- Cost of Revenue hit $47.1 million in Q1 2026 for Perdoceo Education, down from $49.6 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $50.2 million in Q2 2025 and bottomed at $27.3 million in Q2 2022.
- Average Cost of Revenue over 5 years is $36.0 million, with a median of $32.7 million recorded in 2023.
- The largest annual shift saw Cost of Revenue dropped 15.98% in 2024 before it soared 82.59% in 2025.
- Perdoceo Education's Cost of Revenue stood at $31.2 million in 2022, then dropped by 3.18% to $30.2 million in 2023, then rose by 16.46% to $35.2 million in 2024, then skyrocketed by 40.96% to $49.6 million in 2025, then decreased by 5.14% to $47.1 million in 2026.
- Per Business Quant, the three most recent readings for PRDO's Cost of Revenue are $47.1 million (Q1 2026), $49.6 million (Q4 2025), and $49.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 8.44 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 394.99 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 289.01 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 63.99 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 47.07 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 117.43 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 23.90 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 74.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.07 Mn |
| Mar 31, 2026 | 47.07 Mn |
| Dec 31, 2025 | 49.62 Mn |
| Dec 31, 2025 | 49.62 Mn |
| Sep 30, 2025 | 49.14 Mn |
| Sep 30, 2025 | 49.14 Mn |
| Jun 30, 2025 | 50.24 Mn |
| Jun 30, 2025 | 50.24 Mn |
| Mar 31, 2025 | 48.54 Mn |
| Mar 31, 2025 | 48.54 Mn |
| Dec 31, 2024 | 35.20 Mn |
| Dec 31, 2024 | 35.20 Mn |
| Sep 30, 2024 | 28.29 Mn |
| Sep 30, 2024 | 28.29 Mn |
| Jun 30, 2024 | 27.52 Mn |
| Jun 30, 2024 | 27.52 Mn |
| Mar 31, 2024 | 29.86 Mn |
| Mar 31, 2024 | 29.86 Mn |
| Dec 31, 2023 | 30.22 Mn |
| Dec 31, 2023 | 30.22 Mn |
| Sep 30, 2023 | 33.50 Mn |
| Sep 30, 2023 | 33.50 Mn |
| Jun 30, 2023 | 32.75 Mn |
| Jun 30, 2023 | 32.75 Mn |
| Mar 31, 2023 | 33.85 Mn |
| Mar 31, 2023 | 33.85 Mn |
| Dec 31, 2022 | 31.22 Mn |
| Dec 31, 2022 | 31.22 Mn |
| Sep 30, 2022 | 30.15 Mn |
| Sep 30, 2022 | 30.15 Mn |
| Jun 30, 2022 | 27.27 Mn |
| Jun 30, 2022 | 27.27 Mn |
| Mar 31, 2022 | 28.09 Mn |
| Mar 31, 2022 | 28.09 Mn |
| Dec 31, 2021 | 25.28 Mn |
| Dec 31, 2021 | 25.28 Mn |
| Sep 30, 2021 | 25.96 Mn |
| Sep 30, 2021 | 25.96 Mn |
| Jun 30, 2021 | 28.53 Mn |
| Jun 30, 2021 | 28.53 Mn |
| Mar 31, 2021 | 28.97 Mn |
| Mar 31, 2021 | 28.97 Mn |
| Dec 31, 2020 | 28.62 Mn |
| Dec 31, 2020 | 28.62 Mn |
| Sep 30, 2020 | 27.56 Mn |
| Sep 30, 2020 | 27.56 Mn |
| Jun 30, 2020 | 28.68 Mn |
| Jun 30, 2020 | 28.68 Mn |
| Mar 31, 2020 | 26.91 Mn |
| Mar 31, 2020 | 26.91 Mn |
| Dec 31, 2019 | 24.95 Mn |
| Dec 31, 2019 | 24.95 Mn |
| Sep 30, 2019 | 25.32 Mn |
| Sep 30, 2019 | 25.32 Mn |
| Jun 30, 2019 | 25.35 Mn |
| Jun 30, 2019 | 25.35 Mn |
| Mar 31, 2019 | 26.33 Mn |
| Mar 31, 2019 | 26.33 Mn |
| Dec 31, 2018 | 25.46 Mn |
| Dec 31, 2018 | 25.46 Mn |
| Sep 30, 2018 | 27.20 Mn |
| Sep 30, 2018 | 27.20 Mn |
| Jun 30, 2018 | 30.29 Mn |
| Jun 30, 2018 | 30.29 Mn |
| Mar 31, 2018 | 26.95 Mn |
| Mar 31, 2018 | 26.95 Mn |
| Dec 31, 2017 | 28.98 Mn |
| Dec 31, 2017 | 28.98 Mn |
| Sep 30, 2017 | 37.79 Mn |
| Sep 30, 2017 | 37.79 Mn |
| Jun 30, 2017 | 36.41 Mn |
| Jun 30, 2017 | 36.41 Mn |
| Mar 31, 2017 | 40.17 Mn |
| Mar 31, 2017 | 40.17 Mn |
| Dec 31, 2016 | 64.11 Mn |
| Dec 31, 2016 | 64.11 Mn |
| Sep 30, 2016 | 51.39 Mn |
| Sep 30, 2016 | 51.39 Mn |
| Jun 30, 2016 | 58.06 Mn |
| Jun 30, 2016 | 58.06 Mn |