Laureate Education (NasdaqGS:LAUR) Q4 2025 Earnings call February 19, 2026 08:30 AM ET Company ParticipantsAdam Morse - SVP of FinanceEduardo Resende - Equity ResearchEilif Serck-Hanssen - CEOJeff Silber - Managing DirectorLucas Nagano - Equity Research AssociateRick Buskirk - CFOConference Call ParticipantsMarcelo Santos - Senior Sell-side Equity Analyst of TMT and EducationOperatorGood day, and thank you for standing by. Welcome to the fiscal year 2025 Laureate Education, Inc. earnings conference call. At ...

Laureate Education (NasdaqGS:LAUR) Q4 2025 Earnings call February 19, 2026 08:30 AM ET Speaker6Good day, and thank you for standing by. Welcome to the fiscal year 2025 Laureate Education, Inc. earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star one, one on your telephone. You will then hear an automated message advising that your han ...

Core Insights - Phoenix Education Partners, Inc. reported a fourth quarter revenue of $257.4 million and a fiscal year 2025 revenue of $1,007.2 million, marking a year-over-year increase in both periods [1][5]. Financial Performance - For the fourth quarter of 2025, net revenue was $257.4 million, up from $240.2 million in the fourth quarter of 2024, representing a growth of approximately 7.3% [3]. - The average total degreed enrollment for the fourth quarter of 2025 was 79,300, compared to 75,000 in the same quarter of 2024, indicating a 5.7% increase [3]. - Net income for the fourth quarter of 2025 was $17.6 million, compared to $10.0 million in the fourth quarter of 2024, reflecting a 76% increase [3]. - Adjusted EBITDA for the fourth quarter of 2025 was $56.6 million, up from $41.6 million in the fourth quarter of 2024, showing a growth of 36.1% [4]. Annual Results - For fiscal year 2025, net revenue totaled $1,007.2 million, compared to $950.0 million in fiscal year 2024, marking a 6% increase [5]. - The average total degreed enrollment for fiscal year 2025 was 81,900, compared to 78,900 in fiscal year 2024, indicating a 3.8% increase [5]. - Net income for fiscal year 2025 was $135.4 million, compared to $115.1 million in fiscal year 2024, representing a 17.5% increase [5]. - Adjusted EBITDA for fiscal year 2025 was $243.9 million, compared to $229.1 million in fiscal year 2024, reflecting a growth of 6.5% [5]. Initial Public Offering - On October 10, 2025, Phoenix Education Partners completed an IPO of 4.9 million shares at a price of $32.00 per share, with no proceeds received by the company as the shares were sold by existing shareholders [8]. Balance Sheet and Liquidity - As of August 31, 2025, the company's cash and cash equivalents totaled $194.8 million, down from $382.9 million as of August 31, 2024, primarily due to $250.6 million in distributions and $22.5 million in capital expenditures [10]. - The company had no outstanding debt as of August 31, 2025, and entered into a $100 million senior secured revolving credit facility on November 13, 2025 [11]. Business Outlook - For fiscal year 2026, the company expects revenue to be in the range of $1,025.0 million to $1,035.0 million, with adjusted EBITDA projected between $244.0 million and $249.0 million [12].