For the year ending 2025-12-31, PRDO has $1,247,717K in assets. $110,970K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents, unrestricted | 110,970 | |||
| Restricted cash | 21,310 | |||
| Total cash, cash equivalents and restricted cash | 132,280 | |||
| Short-term investments | 511,211 | |||
| Total cash and cash equivalents, restricted cash and short-term investments | 643,491 | |||
| Student receivables, gross | 68,346 | |||
| Allowance for credit losses | 41,149 | |||
| Student receivables, net | 27,197 | |||
| Receivables, other | 5,037 | |||
| Prepaid expenses | 16,881 | |||
| Inventories | 4,049 | |||
| Other current assets | 208 | |||
| Total current assets | 696,863 | |||
| Property and equipment, net of accumulated depreciation of 86,908 and 67,492 as of december 31, 2025 and 2024, respectively | 83,314 | |||
| Right of use assets, net - operating | 43,290 | |||
| Right of use assets, net - finance | 10,259 | |||
| Goodwill | 265,697 | |||
| Intangible assets, net of amortization of 44,786 and 27,725 as of december 31, 2025 and 2024, respectively | 77,945 | |||
| Student receivables, gross | 9,073 | |||
| Allowance for credit losses | 4,262 | |||
| Student receivables, net | 4,811 | |||
| Deferred income tax assets, net | 57,438 | |||
| Other assets | 8,100 | |||
| Total assets | 1,247,717 | |||
| Lease liabilities - operating | 6,032 | |||
| Lease liabilities - finance | 5,458 | |||
| Accounts payable | 14,271 | |||
| Payroll and related benefits | 44,363 | |||
| Advertising and marketing costs | 7,838 | |||
| Income taxes | 5,627 | |||
| Other | 16,374 | |||
| Gross deferred revenue | 80,290 | |||
| Gross contract assets | 42,446 | |||
| Deferred revenue | 37,844 | |||
| Total current liabilities | 137,807 | |||
| Lease liabilities - operating | 43,752 | |||
| Lease liabilities - finance | 6,097 | |||
| Sale lease-back financing | 56,992 | |||
| Other liabilities | 30,657 | |||
| Total non-current liabilities | 137,498 | |||
| Common stock, 0.01 par value 300,000,000 shares authorized 92,072,703 and 91,023,660 shares issued, 62,478,373 and 65,719,224 shares outstanding as of december 31, 2025 and 2024, respectively | 921 | |||
| Additional paid-in capital | 720,574 | |||
| Accumulated other comprehensive income | 1,070 | |||
| Retained earnings | 718,365 | |||
| Treasury stock, at cost, 29,594,330 and 25,304,436 shares as of december 31, 2025 and 2024, respectively | 468,518 | |||
| Total stockholders' equity | 972,412 | |||
| Total liabilities and stockholders' equity | 1,247,717 | |||
PERDOCEO EDUCATION Corp (PRDO)
PERDOCEO EDUCATION Corp (PRDO)