Welcome to our dedicated page for Phoenix Education Partners SEC filings (Ticker: PXED), 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.
The Phoenix Education Partners, Inc. (NYSE: PXED) SEC filings page brings together the company’s official regulatory disclosures, including current reports, proxy materials, and periodic financial information filed with the U.S. Securities and Exchange Commission. As the parent company of The University of Phoenix, Inc., Phoenix Education Partners uses these filings to report its financial results, governance matters, and significant events affecting its business in the educational services sector.
Among the key filings are current reports on Form 8-K, which the company uses to furnish press releases announcing quarterly and annual results. For example, Phoenix Education Partners has filed 8-Ks to report financial results for the three and twelve months ended August 31, 2025, and for the three months ended November 30, 2025, along with information about scheduled webcasts to discuss those results. Another Form 8-K describes a cybersecurity incident involving the Oracle E-Business Suite software platform used by the University of Phoenix subsidiary, outlining the nature of the incident, remediation steps, and the company’s assessment of its impact on business operations and student programming.
The company’s definitive proxy statement on Schedule 14A (DEF 14A) provides detailed information about its 2026 Annual Meeting of Stockholders, including proposals such as the election of Class I directors and the ratification of the independent registered public accounting firm. The proxy statement also explains how stockholders can attend the virtual annual meeting, submit questions, and vote their shares, and it references additional sections on executive compensation, corporate governance, and security ownership.
Through its Annual Report on Form 10-K and related materials referenced in the proxy statement and news releases, Phoenix Education Partners discloses audited financial statements, earnings per share presentation, and the use of non-GAAP financial measures such as Adjusted Net Income, Adjusted EBITDA, Adjusted earnings per share, and Adjusted EBITDA margin. These filings explain how non-GAAP measures are defined, what items are excluded, and how they relate to the most directly comparable GAAP measures.
On this page, Stock Titan enhances access to PXED filings by pairing real-time updates from EDGAR with AI-powered summaries that highlight the main points of lengthy documents. Users can quickly see what each 8-K, DEF 14A, or 10-K covers, understand definitions of non-GAAP metrics, and identify disclosures about items such as cybersecurity incidents, liquidity arrangements, and dividend decisions. For investors tracking insider activity, this page also provides a path to Forms 3, 4, and 5, where beneficial ownership and changes in holdings by directors, officers, and significant shareholders are reported, with AI-generated explanations that clarify the significance of those transactions.
Phoenix Education Partners, parent of University of Phoenix, generated $271.8 million in net revenue for Q3 FY2026, essentially flat year over year. Net income attributable to the company was $39.2 million, or $1.01 diluted EPS, reflecting higher share-based compensation and strategic, restructuring and cybersecurity-related costs following the 2025 IPO.
For the first nine months, net revenue was $756.3 million and adjusted EBITDA reached $188.1 million (24.9% margin). Operating cash flow improved to $116.7 million, while the company held $155.0 million of cash and cash equivalents and $111.4 million of marketable securities, with no borrowings under a $100 million revolving credit facility.
Average Total Degreed Enrollment rose 2.2% year over year to 84,500 for the nine-month period, supported by growth in employer-related enrollment. The company authorized a $50 million share repurchase program, buying about $4.0 million of stock, and paid a $0.21-per-share Q3 dividend. Key uncertainties include borrower defense to repayment exposure and ongoing data-privacy and cybersecurity litigation, though a comprehensive cyber insurance policy is in place.
Phoenix Education Partners, Inc., parent of University of Phoenix, reported third quarter fiscal 2026 net revenue of $271.8 million, essentially flat with a year earlier, while Average Total Degreed Enrollment edged up to 85,300. Net income attributable to the company declined to $39.2 million, or $1.01 diluted EPS, from $53.8 million, or $1.42, primarily reflecting higher share-based compensation tied to its IPO, increased advertising, and greater strategic alternatives and restructuring costs. Adjusted EBITDA was $78.1 million, down from $83.4 million, and adjusted diluted EPS was $1.43 versus $1.57.
For the first nine months of 2026, net revenue rose to $756.3 million, with Average Total Degreed Enrollment of 84,500, but net income attributable fell to $65.4 million, or $1.69 diluted EPS. The company generated $116.7 million in operating cash flow and ended May 31, 2026 with $269.4 million in cash, restricted cash and marketable securities and no debt, supported by a $100.0 million undrawn revolving credit facility. Management paid and declared regular quarterly dividends of $0.21 per share and repurchased 0.1 million shares for $4.0 million under a $50 million authorization, with $46.0 million remaining. For fiscal 2026, it guides to net revenue of $1,020.0–$1,025.0 million and Adjusted EBITDA of $246.0–$250.0 million.
Phoenix Education Partners, Inc. reported that director Robert Lee Brackenbury received a grant of 2,332 restricted stock units of common stock. The award was made as a compensation-related grant and was acquired directly. These units will vest on the date of the annual meeting of stockholders in 2027, subject to the terms of the company’s 2025 Omnibus Incentive Plan. Following this grant, Brackenbury holds 2,332 shares/units directly as reported in this filing.
Phoenix Education Partners, Inc. filed an initial statement of beneficial ownership (Form 3) for Robert Lee Brackenbury, who is identified as a director of the company. The filing does not list any equity transactions or derivative positions and includes no reported holdings at this time.
Phoenix Education Partners, Inc. appointed Robert Brackenbury to its Board of Directors as a Class I director effective July 9, 2026. He will serve on the Board’s audit committee. Brackenbury previously served at the State of Michigan Retirement System from 2010 to 2026, most recently as Deputy Chief Investment Officer overseeing investment management of more than $170 billion in combined pension and other state trust fund assets.
His background includes roles as a State Tax Tribunal judge, Assistant Attorney General, senior administrative positions at Eastern Michigan University, and service as a U.S. Army officer. He currently serves on the board of Athene Holding Ltd. He has entered into a standard indemnification agreement with the company and will be eligible for director compensation as described in the company’s 2025 proxy statement. The company states there are no related-party transactions involving Brackenbury requiring disclosure under Item 404(a) of Regulation S‑K.
Phoenix Education Partners, Inc. Schedule 13G/A: This amendment reports that affiliated Apollo entities together hold 24,901,319 shares of Common Stock, representing 69.5% of the class based on 35,810,977 shares outstanding as of 03/31/2026. The filing identifies the reporting persons and their shared voting and dispositive power over the disclosed shares.
The statement clarifies record ownership, organizational relationships among the reporting entities, and includes the reporting persons' disclaimers of beneficial ownership. Signatures for the filing were provided by James Elworth on behalf of the reporting persons.
Phoenix Education Partners, Inc. Chief Academic Officer and Provost John Terrence Woods exercised employee stock options and covered related taxes using shares. On May 1, 2026, he exercised options for 60,052 shares of common stock at $11.04 per share.
To satisfy tax obligations, 34,296 shares of common stock were withheld at a reference price of $29.96 per share, classified as a tax-withholding disposition rather than an open-market sale. After these transactions, Woods directly held 68,316 shares, and the exercised option grant was fully used. A footnote states that no shares were sold and that transfer restrictions on his common stock continue until October 8, 2026.
Phoenix Education Partners, Inc. Chief Human Resources Officer Cheryl M. Naumann exercised 15,000 employee stock options on May 1, 2026 at a strike price of $11.04 per share, receiving common stock. To cover exercise price or tax liabilities, 8,114 shares were delivered to the issuer at $29.96 per share. A footnote states no shares were sold in the market and that transfer restrictions on her common stock remain in place until October 8, 2026. After these transactions, she directly holds 42,822 shares of common stock.
Honaker Jeffrey Charles reported acquisition or exercise transactions in this Form 4 filing.
Phoenix Education Partners, Inc. reported that Chief Accounting Officer Jeffrey Charles Honaker received an equity award in the form of restricted stock units. He was granted 5,196 RSUs of common stock at a stated price of $0.00 per share, reflecting a compensation grant rather than a market purchase.
Following this award, Honaker holds 30,132 shares of common stock directly. According to the grant terms, one-third of the RSUs will vest on October 8, 2026, and the remaining two-thirds will vest in eight equal installments on each three-month anniversary thereafter over two years, tying the award to continued service over a multi-year period.
Phoenix Education Partners, Inc. reports relatively stable results for the quarter and six months ended February 28, 2026, with profitability pressured by IPO-related and other one-time costs. Net revenue was $222.5 million for the quarter and $484.5 million for the first half of fiscal 2026, up 1.3% over the prior-year period. Average Total Degreed Enrollment rose to 84,100 students for the six-month period, reflecting stronger retention and more employer-sponsored learners. Net income attributable to Phoenix Education Partners declined to $10.8 million for the quarter and $26.2 million year-to-date, as higher share-based compensation of $39.2 million and $4.8 million of cybersecurity-incident expenses offset modest revenue growth. Adjusted EBITDA improved to $34.8 million for the quarter and $110.0 million for the six months, lifting adjusted EBITDA margin to 22.7% year-to-date. The company ended the period with $231.3 million in cash and restricted cash, $546.4 million in total assets, no borrowings under its new $100 million revolving credit facility, and 35.8 million common shares outstanding.