Phoenix Education Partners, Inc. reported financial results for the three months ended November 30, 2025, with first quarter revenue of $262.0 million.
The University of Phoenix, Inc., the parent company, showed strong growth in retention and enrollment.
Net income for the first quarter of 2026 was $15.5 million, a decrease from $46.4 million in the same period of 2025.
First Quarter Revenue
Revenue for the first quarter of fiscal year 2026 reached $262.0 million.
Net Income Decline
Net income attributable to Phoenix Education Partners decreased to $15.5 million in the first quarter of 2026.
Adjusted EBITDA Increase
Adjusted EBITDA rose to $75.2 million in the first quarter of 2026, up from $70.1 million in the same period of 2025.
- Phoenix Education Partners showed revenue growth in the first quarter of 2026 compared to the same period in 2025.
- The decrease in net income was attributed to expenses, including share-based compensation, related to the initial public offering in 2025.
- The Company's focus on enhancing student experience and affordability remains strong, despite the income decline.
In conclusion, Phoenix Education Partners' first quarter results demonstrate revenue growth but also highlight the impact of expenses from the IPO. The company's commitment to providing flexible, career-relevant programs for adult learners continues to drive success.