Perdoceo Education Reports Strong Q4 and Full-Year 2025 Results

Company highlights revenue, operating income, and enrollment growth ahead of expectations

Published on Feb. 27, 2026

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Perdoceo Education, a for-profit postsecondary education provider, reported strong fourth-quarter and full-year 2025 results, with revenue, operating income, and total student enrollment growth exceeding internal expectations. The company saw continued gains in student retention, increased investments in marketing and admissions, and contributions from the University of St. Augustine for Health Sciences acquisition completed in late 2024.

Why it matters

Perdoceo's performance highlights the continued demand for its career-focused degree programs, particularly in fields like business, IT, healthcare, and criminal justice. The company's ability to drive enrollment growth and operational efficiencies across its Colorado Technical University and American InterContinental University brands, as well as the integration of the University of St. Augustine acquisition, demonstrate its strategic positioning in the for-profit education sector.

The details

For the fourth quarter, Perdoceo reported net income of $35.3 million, or $0.54 per diluted share. Adjusted earnings per diluted share increased 20% to $0.59. Revenue in the quarter rose 20% to $211.6 million. For the full year 2025, Perdoceo reported net income of $159.9 million, or $2.42 per diluted share, and revenue increased 24.2% to $846.1 million. Total student enrollments at the end of 2025 grew 7.3% from the prior year, driven by gains across the company's academic institutions.

  • Perdoceo completed the acquisition of the University of St. Augustine for Health Sciences in December 2024.
  • Perdoceo reported its fourth-quarter and full-year 2025 results on February 20, 2026.

The players

Perdoceo Education Corporation

A for-profit postsecondary education provider offering certificate, associate, bachelor's and master's degree programs through its Colorado Technical University and American InterContinental University brands.

Todd Nelson

Chief Executive Officer of Perdoceo Education.

Ashish Ghia

Chief Financial Officer of Perdoceo Education.

University of St. Augustine for Health Sciences

A health sciences-focused institution acquired by Perdoceo Education in December 2024.

Colorado Technical University (CTU)

One of Perdoceo Education's academic institutions, offering career-focused degree programs.

American InterContinental University (AIU) System

Another of Perdoceo Education's academic institutions, offering career-focused degree programs.

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What they’re saying

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— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

What’s next

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The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.