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Perdoceo Education PRDO Bad Debt — Operating Expenses

Other product segments

Administrative
$23.7M+12.0%
Academics And Student Related
$17.02M+3.3%
Advertising And Marketing
$14.05M+6.1%
Admissions
$12.3M+1.2%
Depreciation And Amortization
$7.06M-2.0%
All Other Expenses
$4.19M+1.0%

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Other financials

Income statement

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Revenue$213.4M+1.8%
Operating income$54.9M+6.8%
Net income$48.0M+16.9%
EPS (diluted)$0.75+21.0%

Balance sheet

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Cash & equivalents$163.7M-15.5%
Total debt$56.6M-16.5%
Total equity$1.0B+5.0%
Total assets$1.3B+3.1%

Cash flow

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Operating cash flow$74.6M-5.3%
CapEx$1.5M-43.8%
Free cash flow$73.1M-3.9%

Valuation

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Market cap$2.03B+0.1%
Enterprise value$1.93B+1.1%
P/E11.5×-1.7×
P/S2.4×-0.3×

Profitability

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Operating margin24.6%+0.5pp
Net margin20.6%+0.5pp
FCF margin25.4%-1.3pp

Returns & leverage

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Return on equity17.6%+1.2pp
Debt / equity0.1×0.0×
Current ratio4.7×+0.4×

Where this comes from

Reported directly by Perdoceo Education in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Perdoceo Education’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337926
Significant expense categoriesFor the Quarter Ended June 30, / CTU / 2026For the Quarter Ended June 30, / CTU / 2025For the Quarter Ended June 30, / AIUS / 2026For the Quarter Ended June 30, / AIUS / 2025For the Quarter Ended June 30, / USAHS / 2026For the Quarter Ended June 30, / USAHS / 2025
Advertising and marketing14,05413,24910,2529,9923,9943,798
Admissions12,29512,1458,7738,8751,4781,330
Administrative (1)23,70421,16110,33211,2443,0085,659
Bad debt2,8372,5451,9272,63566279
Depreciation and amortization1,0571,4381,1841,4257,0607,204
All other expenses (2)4866211,0791,0584,1864,143
For the Year to Date Ended June 30,
Significant expense categoriesCTUAIUSUSAHS

Cover / Front Matter

FAQ

What is Perdoceo Education's bad debt — operating expenses?
Perdoceo Education (PRDO) reported bad debt — operating expenses of $2.84M in Q2 2026.
How has Perdoceo Education's bad debt — operating expenses changed year-over-year?
Perdoceo Education's bad debt — operating expenses increased by 7.7% year-over-year, from $2.64M to $2.84M.
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.

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