Welcome to our dedicated page for Perdoceo Education Corporation SEC filings (Ticker: PRDO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Perdoceo Education Corporation (NASDAQ: PRDO) files reports and current disclosures with the U.S. Securities and Exchange Commission as a public provider of postsecondary education programs. This SEC filings page aggregates the company’s regulatory documents, including current reports on Form 8-K that furnish press releases about quarterly and year-to-date financial results and outlook.
Form 8-K filings for Perdoceo typically include Item 2.02 disclosures on results of operations and financial condition, along with Exhibit 99.1 press releases. These documents describe revenue, operating income, adjusted operating income, earnings per diluted share and adjusted earnings per diluted share, as well as total student enrollments at Colorado Technical University, the American InterContinental University System and the University of St. Augustine for Health Sciences. They also outline key assumptions behind the company’s outlook, such as prospective student interest, student retention and engagement, and considerations related to the regulatory environment and federal student aid.
Through this page, users can access Perdoceo’s SEC-reported information on capital allocation decisions, including stock repurchase programs and dividend policies, when these are discussed in filed materials. The filings also reference non-GAAP measures and provide reconciliations to the most directly comparable GAAP measures, giving additional context for evaluating operating performance.
Stock Titan’s platform enhances these filings with AI-powered summaries that explain the main points of lengthy documents in plain language. Real-time updates from EDGAR help users see new Form 8-Ks and other filings as they are posted, while AI-generated highlights can draw attention to changes in outlook, enrollment metrics, segment performance and other items relevant to Perdoceo’s postsecondary education operations.
Peppers Michele A reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education Corp reported that Principal Accounting Officer Michele A. Peppers received equity compensation in the form of restricted stock units. On March 10, 2026 she was granted 3,365 time-based restricted stock units and 2,243 performance-based restricted stock units at no cash cost. The time-based units vest in four equal installments on March 14 of 2027, 2028, 2029 and 2030. The performance-based units have a target vesting on March 14, 2029, with the actual shares delivered ranging from 0% to 200% of target based on specified operating criteria. Following these awards, she directly holds 51,484 common shares, which include 30,227 unvested restricted stock units granted under the company’s 2016 Incentive Compensation Plan.
PERDOCEO EDUCATION Corp SVP and CIO David C. Czeszewski reported two stock awards of 4,197 common shares each on March 10, 2026. The awards are structured as restricted stock units under the company’s 2016 Incentive Compensation Plan rather than open-market purchases.
One grant consists of time-based restricted stock units that vest in four equal installments on March 14 of 2027, 2028, 2029, and 2030. The other grant is performance-based, with a target of 4,197 units vesting on March 14, 2029, where the actual shares issued can range from 0–200% of target depending on operating metrics.
Following these acquisitions, Czeszewski directly holds 77,269 common shares, which include 47,435 unvested restricted stock units that each represent the contingent right to receive one share of Perdoceo’s common stock.
Leeman Julia A. reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education senior vice president of campus operations Julia A. Leeman reported equity compensation awards in the form of restricted stock units tied to the company’s common stock. She received time-based units vesting annually from March 14, 2027 through 2030 and performance-based units targeted to vest on March 14, 2029, with the actual payout ranging from 0–200% of the target based on operating performance. Following these grants, she directly holds 34,097 common shares, including 22,782 unvested restricted stock units.
Perdoceo Education senior vice president and CIO David C. Czeszewski exercised 12,972 stock options and sold a total of 36,225 shares of common stock. The sales occurred at weighted average prices of about $32.81 and $32.80, with individual trades ranging roughly from the low $32 to the low $33 range.
The options exercised were originally granted in 2018 and vested between 2019 and 2022. After these transactions, Czeszewski directly owns 68,875 shares of common stock and holds 39,041 unvested restricted stock units, each representing one future share, along with a one-share correction to previously reported ownership.
Morgan Stanley Smith Barney LLC Executive Financial Services reported an intended resale of 36,225 common shares on a Form 144. The filing lists an aggregate offering price of $1,188,319.35 and total shares outstanding of 62,478,373 as of 02/25/2026. The securities listed include restricted stock, performance shares, and a stock option exercise, with examples shown such as 12,972 shares from a stock option exercise and 9,502 performance shares.
Perdoceo Education Corporation files its annual report outlining its 2025 operations, enrollment profile, and regulatory environment. The company serves approximately 44,400 students as of December 31, 2025, up from 41,380 a year earlier, with about 91% enrolled in fully online programs.
Most students are over age 30 and concentrated in business studies, with 66% in business, 12% in information technology, and 22% in health education. Bachelor’s degrees account for 63% of enrollments, with 22% in master’s and doctoral programs. CTU, AIUS, and USAHS emphasize non-traditional adult learners, military students, and employer-supported education, with 38.3% of CTU and 7.5% of AIUS enrollments coming through employer engagements.
The filing highlights extensive use of data analytics, mobile apps, and AI-enabled virtual assistants to support recruitment, advising, and retention. It also details heavy regulatory oversight, including accreditation status, state authorization, expanded 90-10 revenue rules, changes to federal loan limits and Grad PLUS under the Reconciliation Act, and new Department of Education certification and accountability initiatives that could affect borrowing capacity and program eligibility.
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.
Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation reported a 5.68% beneficial ownership stake in PERDOCEO EDUCATION Corp common stock. They disclosed beneficial ownership of 3,654,064 shares of common stock, $0.01 par value, with sole voting and dispositive power over all reported shares as of the event date of 12/31/2025.
The shares are held for certain funds managed by Renaissance Technologies LLC, which have the right to receive dividends and sale proceeds. The holders certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of PERDOCEO EDUCATION Corp.
First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation report beneficial ownership of 3,315,353 Perdoceo Education Corporation common shares, representing 5.15% of the class as of the event date.
The firms report shared voting power over 3,104,588 shares and shared dispositive power over 3,315,353 shares. Most holdings are in unit investment trusts and other client accounts, and the reporting persons state the position is held in the ordinary course, not to change or influence control, and they disclaim beneficial ownership.
Perdoceo Education Corporation reported Q3 2025 results with total revenue of $211.9M, up from $169.8M a year ago. Operating income was $51.0M and net income was $39.9M, or diluted EPS of $0.60. Segment revenue was led by CTU at $117.1M, followed by AIUS at $56.7M and USAHS at $38.0M.
Year to date, revenue reached $634.5M with operating income of $154.1M. Operating cash flow was $185.1M. Liquidity remained strong with cash, restricted cash and short-term investments totaling $668.6M as of September 30, 2025. The company paid a Q3 dividend of $0.15 per share and $0.41 year to date.
Capital returns included repurchasing 2.3M shares for $66.7M year to date and a new $75.0M repurchase authorization with $54.3M remaining. A failed sale-leaseback related to the new St. Augustine campus resulted in a $56.9M financing liability. Shares outstanding were 64,322,476 as of October 29, 2025.