Perdoceo Education (PRDO) Operating Expenses (2009 - 2026)
Perdoceo Education (PRDO) reported Operating Expenses of $158.6 million for Q1 2026, down 1.65% on a YoY basis from $161.3 million in Q1 2025, and down 6.54% quarter-over-quarter from $169.7 million in Q4 2025.
Perdoceo Education (PRDO) Operating Expenses (2009 - 2026) Analysis & Trends
Perdoceo Education has reported Operating Expenses for 18 years, with the latest figure at $158.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 1.65% year-over-year to $158.6 million; the trailing twelve-month figure through Mar 2026 stood at $647.4 million (up 18.51% YoY), and the FY2025 full-year result was $650.1 million, up 28.22% from the prior year.
- Operating Expenses for Q1 2026 stood at $158.6 million, down from $169.7 million in the prior quarter.
- The five-year high for Operating Expenses was $169.7 million in Q4 2025, with the low at $120.7 million in Q2 2024.
- Historically, Operating Expenses has averaged $143.6 million across 5 years, with a median of $139.3 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Expenses slipped 19.88% — and 2025, when it jumped 32.21%.
- Perdoceo Education's Operating Expenses stood at $153.5 million in 2022, then declined by 14.01% to $132.0 million in 2023, then grew by 5.52% to $139.3 million in 2024, then climbed by 21.88% to $169.7 million in 2025, then dropped by 6.54% to $158.6 million in 2026.
- The last three Operating Expenses figures came in at $158.6 million (Q1 2026), $169.7 million (Q4 2025), and $160.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 11.13 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 1.18 Bn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 395.69 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 213.30 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 395.25 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 221.06 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 158.62 Mn |
| 10 | Strategic Education | 1.69 Bn | 1.53 Bn | - | 154.77 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 |