This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.
Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.
AI-extracted from the 10-Q filed 2026-07-14 — Q3 FY2026 (nine months ended May 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net revenue grew 0.9% to $756.3M driven by 2.2% enrollment growth, but net income fell 43.8% to $65.4M due to $47.6M IPO-related share-based compensation and higher operating costs.
Biggest Revenue Drivers
University of Phoenix tuition-bearing degree programs$756.3M+0.9% YoY
Enrollment growth of 2.2% primarily from improved student retention, partially offset by higher discounts from increased employer relationship enrollment.
Biggest Revenue Drivers
Total revenue: $756.3M+0.9% YoY
University of Phoenix tuition-bearing degree programs$756.3M+0.9% YoY
Enrollment growth of 2.2% primarily from improved student retention, partially offset by higher discounts from increased employer relationship enrollment.
Largest Expense Items
Instructional and support$330.8M+1.5% YoY
Increase primarily from $14.6M higher compensation and related costs including $9.7M IPO share-based compensation, partially offset by $11.3M lower credit losses.
General and administrative$302.4M+18.3% YoY
Increase principally from $36.4M higher compensation and related costs including $36.0M IPO share-based compensation and $8.1M higher advertising expense.
Strategic alternatives, restructuring and other$31.7M+77.1% YoY
Cybersecurity incident costs of $5.1M, increased litigation charges, and lease restructuring expenses from exited space.
Margins: Net income margin compressed to 8.6% from 15.5% YoY primarily due to $47.6M non-cash IPO-related share-based compensation expense and $31.7M in restructuring and other charges. Adjusted EBITDA margin improved slightly to 24.9% from 24.8%, indicating core operational stability.
Watch Items from the Filing
Cybersecurity incident in November 2025 affecting Oracle EBS; putative class action consolidated in Western District of Texas (Case 1:25-cv-01805); company recorded $5.1M expense through May 31, 2026 with comprehensive insurance policy providing coverage subject to deductibles and limits.
Borrower defense to repayment claims: Department of Education approved 1,200+ BDR claims totaling ~$37M in loan discharges related to 'Let's Get to Work' ad campaign; Department indicated intent to commence recoupment but has not yet done so; outcome uncertain and no liability accrued.
IPO lock-up expiration April 6, 2026 released selling restrictions on pre-IPO shareholders; conversion of University stock options to company common stock may result in significant dilution depending on exercise patterns and settlement methods, with timing and impact uncertain.
Employer-sponsored enrollment reached ~35% of average total degreed enrollment, up 3 percentage points YoY, representing growing revenue diversification and higher-margin student segment with better retention and graduation rates.
Student retention rates improved significantly to 76.6% for 2024/2025 cohort from 59.7% for 2016/2017 cohort; this structural improvement is primary driver of average total degreed enrollment growth and revenue durability.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Officers, directors and 10% owners with a Form 4 filed in the last 24 months, most recent first. From SEC EDGAR.
Woods John TerrenceChief Academic Off. & ProvostOption exercise · Oct 12, 2026
Honaker Jeffrey CharlesChief Accounting OfficerShares withheld for tax or exercise price · Oct 8, 2026
Krishnaiah Raghu RamChief Operating OfficerShares withheld for tax or exercise price · Oct 8, 2026
Lynne Christopher MarkChief Executive OfficerShares withheld for tax or exercise price · Oct 8, 2026
Medi SriniChief Legal Officer & Sec.Shares withheld for tax or exercise price · Oct 8, 2026
Naumann Cheryl M.Chief Human Resources OfficerShares withheld for tax or exercise price · Oct 8, 2026
Westblom Blair WildeReporting ownerShares withheld for tax or exercise price · Oct 8, 2026
Brackenbury Robert LeeDirectorGrant or award · Jul 9, 2026
Bird Andrew PeterDirectorGrant or award · Feb 20, 2026
Cohen Peter JonathanDirectorGrant or award · Feb 20, 2026
About Phoenix Education Partners, Inc. (PXED): stock profile, AI score and financials
Phoenix Education Partners, Inc. (PXED) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. PXED is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q2 2026), Phoenix Education Partners, Inc. reports quarterly revenue of $271.8M, net income of $39.2M, an operating margin of 19.1%. Top institutional holders of PXED by reported 13-F value include Apollo Management , L.P., Van Berkom & Associates, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. PXED trades on the NYSE exchange and files with the SEC under CIK 1600222. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PXED daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Phoenix Education Partners, Inc. directly from SEC EDGAR.