Phoenix Education Partners Inc. Q1 net income drops 67% to USD 15.5 million

Reuters
Jan 14
<a href="https://laohu8.com/S/PXED">Phoenix Education Partners Inc.</a> Q1 net income drops 67% to USD 15.5 million

Phoenix Education Partners Inc. (NYSE: PXED) reported its first quarter (Q1) fiscal year 2026 results, posting net revenue of USD 262.0 million for the three months ended November 30, 2025. Average Total Degreed Enrollment for the University stood at 85,600 during the quarter. Net income attributable to shareholders for Q1 2026 was USD 15.5 million, with diluted earnings per share of USD 0.40. The company noted that net income decreased significantly, primarily due to expenses related to share-based compensation from its initial public offering $(IPO)$. Phoenix Education Partners completed its IPO on October 10, 2025, with 4.9 million shares sold at USD 32.00 per share.

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