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Perdoceo Education PRDO Bad Debt — Operating Expenses

Other product segments

Administrative
$22.83M+7.3%
Academics And Student Related
$15.17M-1.6%
Advertising And Marketing
$13.69M+3.3%
Admissions
$12.24M+0.8%
Depreciation And Amortization
$7.04M-20.6%
All Other Expenses
$4.2M-9.8%

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$3.78M+248%
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CSCOBad Debt
$2M-80.0%
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CBZBad debt expense, net of recoveries
$1.41M+238%
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HCSGBad Debt
$3.78M+248%
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CBZBad debt expense, net of recoveries
$1.41M+238%
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HCSGDietary — Bad Debt
$145K-80.0%

Other financials

Income statement

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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

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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

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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$2.06B+40.1%

Profitability

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Operating margin24.3%-0.5pp
Net margin19.9%-1.0pp
FCF margin25.8%+2.8pp

Returns & leverage

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Return on equity17.3%+0.7pp
Debt / equity0.1×0.0×
Current ratio4.8×+0.4×

Where this comes from

Reported directly by Perdoceo Education in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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 bad debt — operating expenses?
Perdoceo Education (PRDO) reported bad debt — operating expenses of $4.62M in Q1 2026.
How has Perdoceo Education's bad debt — operating expenses changed year-over-year?
Perdoceo Education's bad debt — operating expenses decreased by 21.4% year-over-year, from $5.87M to $4.62M.
What is the long-term trend for Perdoceo Education's bad debt — operating expenses?
Over 3 years (2022 to 2025), Perdoceo Education's bad debt — operating expenses has grown at a -3.4% compound annual growth rate (CAGR), from $21.64M to $19.53M.
What does bad debt — operating expenses mean?
This metric represents the total operating expenses specifically allocated to the bad debt segment, reflecting the costs associated with uncollectible accounts receivable and related credit risk management. It serves as an indicator of the financial impact of student credit defaults on the company's overall operational expenditure. Monitoring this figure helps investors assess the effectiveness of credit policies and the underlying risk profile of the student population.