Phoenix Education Partners Q3 FY26 net income drops 27.14% to $39.2 million; revenue rises to $271.8 million
PXED•Q3 FY2026 results
- Phoenix Education Partners posted Q3 FY2026 revenue of $271.8 million, essentially flat versus Q3 FY2025.
- Net income attributable to shareholders fell 27.14% to $39.2 million; diluted EPS dropped to $1.01.
- Average Total Degreed Enrollment edged up to 85,300 from 84,800 a year earlier.
FY2026 outlook and capital returns
- FY2026 revenue outlook was set at $1.02 billion-$1.03 billion; adjusted EBITDA forecast at $246 million-$250 million.
- The board set a $0.21 per-share dividend payable Aug. 14; $46 million remained on a $50 million buyback plan as of May 31.
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