Every 8-K that Perdoceo Education Corporation (PRDO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PRDO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PRDO filings page.
Perdoceo Education Corporation (PRDO) agreed to acquire 100% of the membership interests of South University Savannah, LLC, expanding its footprint in health sciences and other professional programs. The cash purchase price includes an initial $150 million at closing, plus $18 million in deferred payments and up to $56 million in earn-outs tied to EBITDA targets for 2027–2029, all expected to be funded from existing cash. South generated unaudited 2025 revenue of $291 million, adjusted operating income of $34 million, and served about 10,500 students. Closing is expected as early as April 2027, subject to extensive educational and regulatory approvals, antitrust clearance and other customary conditions, with an outside date of July 9, 2027 and a potential termination fee of up to $20 million. Perdoceo reaffirmed its 2026 adjusted operating income outlook of $258–$263 million.
Perdoceo Education Corporation reported higher results for the quarter and year to date ended June 30, 2026 and raised its quarterly dividend. Second-quarter revenue rose 1.8% to $213.4 million, with net income of $48.0 million and earnings per diluted share of $0.75 versus $0.62 a year earlier. Adjusted earnings per diluted share were $0.80 versus $0.67.
For the first half of 2026, revenue was $435.1 million, net income $101.9 million and diluted EPS $1.60, all above the prior-year period. Total student enrollments increased to 46,830. The board declared a quarterly dividend of $0.17 per share, a 13.3% increase. Cash, cash equivalents, restricted cash and short-term investments totaled $734.8 million as of June 30, 2026. Management issued third-quarter and full-year 2026 outlooks that project higher operating income and adjusted earnings per diluted share compared with 2025.
Perdoceo Education Corporation reported results of its annual stockholder meeting held on May 21, 2026. Stockholders approved the new 2026 Long-Term Incentive Plan authorizing 4,500,000 shares for equity awards, with additional shares eligible as awards under the prior 2016 plan lapse.
They also elected nine directors, with each nominee receiving more than 51.4 million votes for, and approved the 2026 plan with 51,753,505 votes for versus 2,443,873 against. Executive compensation was approved on a nonbinding advisory basis, and Grant Thornton LLP was ratified as auditor with 57,810,135 votes for.
Perdoceo Education Corporation reported a strong first quarter for 2026, with revenue rising 4.1% to $221.7 million and operating income increasing 22.0% to $63.1 million versus the prior year. Net income reached $54.0 million, and earnings per diluted share were $0.85, up from $0.65. Adjusted earnings per diluted share grew to $0.90 from $0.70.
Total student enrollments as of March 31, 2026 were 48,740, up 1.1%, with growth at CTU and USAHS partially offset by a decline at AIUS. The company generated $69.4 million in net cash from operating activities and held $680.0 million in cash, cash equivalents, restricted cash and short-term investments as of March 31, 2026. The board declared a quarterly dividend of $0.15 per share payable June 12, 2026.
Perdoceo issued an outlook for the second quarter and updated full-year 2026, targeting full-year operating income of $217–$226 million and adjusted earnings per diluted share of $3.05–$3.16, based on assumptions around student demand, regulatory stability and continued access to federal student aid.
Perdoceo Education Corporation approved a new 2026 Annual Incentive Plan (2026 AIP) for senior leaders, including executive officers. The plan is described as materially similar to the 2025 AIP.
Under the 2026 AIP, annual bonuses are driven 80% by company-wide adjusted operating income and 20% by individual goals. Hitting the target level of adjusted operating income corresponds to a 100% payout factor, with a required threshold level before any payout and a maximum payout of 200% of a participant’s AIP target value. Individual goals payouts are generally tied to adjusted operating income performance and can be adjusted to reflect each participant’s contribution to business objectives.
Perdoceo Education Corporation reported strong growth for 2025 and issued higher 2026 guidance. Full-year 2025 revenue rose 24.2% to $846.1 million, with operating income up 12.5% to $196.0 million. Earnings per diluted share increased to $2.42 from $2.19, and adjusted earnings per diluted share grew to $2.61 from $2.26.
Fourth-quarter 2025 revenue grew 20.0% to $211.6 million, while EPS improved to $0.54 and adjusted EPS to $0.59. Total student enrollments reached 44,400 at December 31, 2025, up 7.3% year over year.
Perdoceo ended 2025 with $643.5 million in cash, cash equivalents, restricted cash and short-term investments and generated $225.2 million of operating cash flow. The company repurchased 4.1 million shares for $120.8 million and the board declared a quarterly dividend of $0.15 per share. For 2026, Perdoceo projects EPS of $2.78–$2.93 and adjusted EPS of $2.97–$3.12, assuming stable student demand and no major regulatory disruptions.
Perdoceo Education Corporation furnished an update on its latest performance. The company issued a press release with financial results for the quarter and year to date ended September 30, 2025, and provided its 2025 outlook. The press release is attached as Exhibit 99.1 and incorporated by reference.
The company plans to host a conference call and webcast following the release to discuss the results and outlook. The information under Item 2.02 is being furnished, not filed, under the Exchange Act.