Perdoceo Education (PRDO) Operating Expenses (2016 - 2026)
Quarterly Operating Expenses fell 1.65% to $158.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $647.4 million through Mar 2026, up 18.51% year-over-year, with the annual reading at $650.1 million for FY2025, 28.22% up from the prior year.
Perdoceo Education filings provide 18 years of Operating Expenses readings, the most recent being $158.6 million for Q1 2026.
- Operating Expenses hit $158.6 million in Q1 2026 for Perdoceo Education, down from $169.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $169.7 million in Q4 2025 and bottomed at $120.7 million in Q2 2024.
- Average Operating Expenses over 5 years is $143.6 million, with a median of $139.3 million recorded in 2024.
- The largest annual shift saw Operating Expenses dropped 19.88% in 2024 before it surged 32.21% in 2025.
- Perdoceo Education's Operating Expenses stood at $153.5 million in 2022, then fell by 14.01% to $132.0 million in 2023, then increased by 5.52% to $139.3 million in 2024, then grew by 21.88% to $169.7 million in 2025, then decreased by 6.54% to $158.6 million in 2026.
- Per Business Quant, the three most recent readings for PRDO's Operating Expenses are $158.6 million (Q1 2026), $169.7 million (Q4 2025), and $160.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 1.18 Bn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 11.13 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 213.30 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 158.62 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 221.06 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 154.77 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 137.55 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 153.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 158.62 Mn |
| Dec 31, 2025 | 169.72 Mn |
| Sep 30, 2025 | 160.91 Mn |
| Jun 30, 2025 | 158.18 Mn |
| Mar 31, 2025 | 161.28 Mn |
| Dec 31, 2024 | 139.26 Mn |
| Sep 30, 2024 | 125.03 Mn |
| Jun 30, 2024 | 120.73 Mn |
| Mar 31, 2024 | 121.99 Mn |
| Dec 31, 2023 | 131.98 Mn |
| Sep 30, 2023 | 136.85 Mn |
| Jun 30, 2023 | 138.47 Mn |
| Mar 31, 2023 | 152.26 Mn |
| Dec 31, 2022 | 153.47 Mn |
| Sep 30, 2022 | 139.10 Mn |
| Jun 30, 2022 | 133.74 Mn |
| Mar 31, 2022 | 139.27 Mn |
| Dec 31, 2021 | 125.28 Mn |
| Sep 30, 2021 | 136.14 Mn |
| Jun 30, 2021 | 139.58 Mn |
| Mar 31, 2021 | 143.02 Mn |
| Dec 31, 2020 | 134.97 Mn |
| Sep 30, 2020 | 137.05 Mn |
| Jun 30, 2020 | 138.67 Mn |
| Mar 31, 2020 | 133.69 Mn |
| Dec 31, 2019 | 126.44 Mn |
| Sep 30, 2019 | 130.67 Mn |
| Jun 30, 2019 | 156.26 Mn |
| Mar 31, 2019 | 127.88 Mn |
| Dec 31, 2018 | 125.32 Mn |
| Sep 30, 2018 | 126.41 Mn |
| Jun 30, 2018 | 130.73 Mn |
| Mar 31, 2018 | 127.54 Mn |
| Dec 31, 2017 | 132.41 Mn |
| Sep 30, 2017 | 140.45 Mn |
| Jun 30, 2017 | 137.12 Mn |
| Mar 31, 2017 | 152.33 Mn |
| Dec 31, 2016 | 211.16 Mn |
| Sep 30, 2016 | 168.33 Mn |
| Jun 30, 2016 | 165.34 Mn |