Phoenix Education Partners, Inc. (PXED) Form 8-K — Nov 3, 2026
Phoenix Education Partners (NYSE: PXED), parent of the University of Phoenix, reported Q4 FY2026 net revenue of $260.7 million (up from $257.4 million) and net income of $23.5 million, or $0.60 diluted EPS, versus $17.5 million and $0.46 a year earlier. Fiscal 2026 revenue was $1,017.0 million with net income of $88.9 million, down from $133.9 million, primarily due to IPO-related share-based compensation of $57.2 million and higher advertising spend. The Board approved a ~10% dividend increase to $0.23 per share payable November 27, 2026, and the company has $42.9 million remaining under its $50 million buyback program.
Key figures
- Eps
- 2.29
- Revenue
- 1017000000
- Guidance
- FY2027 net revenue of $970.0M-$1,000.0M; adjusted EBITDA of $225.0M-$240.0M
- Net Income
- 88900000
- Revenue Yoy
- 0.97%
- Total Assets
- 619533000
- Cash Position
- $331.7M (cash, restricted cash and marketable securities as of August 31, 2026)
- Ipo
- 4.9M shares at $32.00, completed October 10, 2025
- Q4 revenue
- $260.7M vs $257.4M prior year
- Q4 net income
- $23.5M vs $17.5M prior year
- Q4 diluted eps
- $0.60 vs $0.46 prior year
- Fy adjusted ebitda
- $249.0M vs $243.9M
- Q4 adjusted ebitda
- $61.5M vs $56.6M
- Quarterly dividend
- $0.23 per share (increased ~10% from $0.21)
- Operating cash flow
- $196.3M
- Fy adjusted diluted eps
- $4.47 vs $4.50
- Share repurchase program
- $50.0M authorized; $42.9M remaining
- Revolving credit facility
- $100.0M undrawn, matures November 2030
- Shares repurchased fy2026
- 0.2 million shares for $7.1M (avg $29.95)
- Avg total degreed enrollment fy
- 83700
- Avg total degreed enrollment q4
- 81500
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.