What is Perdoceo Education's net debt?

Perdoceo Education (PRDO) reported net debt of -$104.97M in Q1 2026.

How has Perdoceo Education's net debt changed year-over-year?

Perdoceo Education's net debt decreased by 27.0% year-over-year, from -$82.67M to -$104.97M.

What is the long-term trend for Perdoceo Education's net debt?

Over 5 years (2020 to 2025), Perdoceo Education's net debt has grown at a 3.0% compound annual growth rate (CAGR), from -$56.49M to -$65.48M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Perdoceo Education PRDO Net debt

Discontinued — last reported Q1 '26

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Other financials

Income statement

See full

Revenue$221.7M+4.1%

Operating income$63.1M+22.0%

Net income$54.0M+23.5%

EPS (diluted)$0.85+30.8%

Balance sheet

See full

Cash & equivalents$165.1M+7.5%

Total debt$60.2M-15.3%

Total equity$999.9M+3.1%

Total assets$1.3B+1.6%

Cash flow

See full

Operating cash flow$69.4M+6.5%

CapEx$1.7M+0.2%

Free cash flow$67.6M+6.7%

Valuation

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Market cap$2.05B+40.1%

Enterprise value$1.95B+40.8%

P/E12.1×+2.4×

P/S2.4×+0.4×

Profitability

See full

Operating margin24.3%-0.5pp

Net margin19.9%-1.0pp

FCF margin25.8%+2.8pp

Returns & leverage

See full

Return on equity17.3%+0.7pp

Debt / equity0.1×0.0×

Current ratio4.8×+0.4×

Where this comes from

Calculated from Perdoceo Education’s reported figures.

$60.2Mtotal debt−$165.1Mcash and equivalents=-$104.97M

The official record: Perdoceo Education’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Perdoceo Education's net debt?: Perdoceo Education (PRDO) reported net debt of -$104.97M in Q1 2026.
How has Perdoceo Education's net debt changed year-over-year?: Perdoceo Education's net debt decreased by 27.0% year-over-year, from -$82.67M to -$104.97M.
What is the long-term trend for Perdoceo Education's net debt?: Over 5 years (2020 to 2025), Perdoceo Education's net debt has grown at a 3.0% compound annual growth rate (CAGR), from -$56.49M to -$65.48M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.