What is Perdoceo Education's provision for credit losses?

Perdoceo Education (PRDO) reported provision for credit losses of $5.75M in Q1 2026.

How has Perdoceo Education's provision for credit losses changed year-over-year?

Perdoceo Education's provision for credit losses decreased by 24.0% year-over-year, from $7.56M to $5.75M.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

Perdoceo Education PRDO Provision for Credit Losses

Provision for Credit Losses at other companies

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$1.77M-81.1%

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Customers BancorpCUBI

$400K-66.7%

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

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

Reported directly by Perdoceo Education in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

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 provision for credit losses?: Perdoceo Education (PRDO) reported provision for credit losses of $5.75M in Q1 2026.
How has Perdoceo Education's provision for credit losses changed year-over-year?: Perdoceo Education's provision for credit losses decreased by 24.0% year-over-year, from $7.56M to $5.75M.
What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.