| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 112,252 | 77,873 |
| Depreciation and amortization | 53,333 | 33,737 |
| Amortization of operating lease right-of-use assets | 26,473 | 16,977 |
| (gain) loss on lease terminations and disposals of subsidiaries and property and equipment, net | 324 | 265 |
| Non-cash interest expense | 1,139 | 762 |
| Non-cash share-based compensation expense | 9,709 | 5,944 |
| Bad debt expense | 40,478 | 23,701 |
| Deferred income taxes | -39 | -1,791 |
| Unrealized foreign currency exchange loss (gain) | -30,949 | -28,866 |
| Other, net | 5,752 | 7,069 |
| Receivables | 26,199 | 72,350 |
| Prepaid expenses and other assets | -834 | 493 |
| Accounts payable and accrued expenses | 17,476 | 3,401 |
| Income tax receivable/payable, net | 5,210 | 11,071 |
| Deferred revenue and other liabilities | 7,271 | 11,467 |
| Net cash provided by operating activities | 272,810 | 131,831 |
| Purchase of property and equipment | 36,065 | 17,879 |
| Receipts from sales of property and equipment | 248 | 134 |
| Net receipts from sales of discontinued operations | -108 | 0 |
| Net cash used in investing activities | -35,709 | -17,745 |
| Proceeds from issuance of long-term debt, net of original issue discount | 94,504 | 86,053 |
| Payments on long-term debt | 117,111 | 85,617 |
| Payment of dividend equivalent rights for vested share-based awards | 455 | 455 |
| Proceeds from exercise of stock options | 128 | 128 |
| Withholding of shares to satisfy tax withholding for vested stock awards and exercised stock options | 2,345 | 2,345 |
| Payments to repurchase common stock and excise tax payments | 71,591 | 71,591 |
| Payments of debt issuance costs | 0 | 0 |
| Net cash used in financing activities | -96,870 | -73,827 |
| Effects of exchange rate changes on cash and cash equivalents and restricted cash | 8,095 | 4,775 |
| Change in cash included in current assets held for sale | 269 | -815 |
| Net change in cash and cash equivalents and restricted cash | 148,595 | 44,219 |
| Cash and cash equivalents at beginning of period | 97,854 | - |
| Cash and cash equivalents at end of period | 246,449 | - |
LAUREATE EDUCATION, INC. (LAUR)
LAUREATE EDUCATION, INC. (LAUR)