Perdoceo Education
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Perdoceo Education's past years’ income statements indicate that its last revenue has increased compared to the previous period by 2% to $710,004,000. The net income raised on $147,652,000 and profit margin reached 21%. Total operating expenses were $429,234,000.
Profit Margin
| 2014 | 741.35M | -178.16M | -24.03% |
|---|---|---|---|
| 2015 | 847.27M | 51.88M | 6.12% |
| 2016 | 704.39M | -18.71M | -2.66% |
| 2017 | 596.43M | -31.89M | -5.35% |
| 2018 | 581.29M | 55.18M | 9.49% |
| 2019 | 627.70M | 69.98M | 11.15% |
| 2020 | 687.31M | 124.26M | 18.08% |
| 2021 | 693.03M | 109.63M | 15.82% |
| 2022 | 695.20M | 95.86M | 13.79% |
| 2023 | 710.00M | 147.65M | 20.8% |
PRDO Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 710.00M | 695.20M | 693.03M | 687.31M | 627.70M | 581.29M | 596.43M | 704.39M | 847.27M | 741.35M |
Cost of revenue | 130.32M | 116.72M | 108.74M | 111.76M | 101.94M | 109.89M | 143.34M | 235.1M | 289.77M | 240.79M |
Gross profit | 579.68M | 578.48M | 584.29M | 575.54M | 525.76M | 471.39M | 453.09M | 469.29M | 557.49M | 500.56M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 102.58M | 126.84M | 137.22M | 143.28M | 130.92M | 126.44M | 136.11M | 154.94M | 220.51M | 212.36M |
Total operating expenses | 429.23M | 445.85M | 435.27M | 432M | 439.29M | 400.10M | 391.38M | 500.47M | 589.14M | 556.38M |
Operating income | 150.44M | 129.63M | 149.01M | 142.93M | 86.46M | 71.29M | 34.13M | -32.34M | -92.16M | -72.71M |
Other income (expenses), net | 41.67M | 4.63M | 68K | 3.89M | 6.56M | 196K | 2.11M | -864K | -2.27M | 446K |
Income before tax | 192.12M | 134.26M | 149.08M | 146.83M | 93.02M | 74.35M | 36.25M | -31.36M | -94.43M | -72.50M |
Income tax expense | 44.46M | 38.40M | 39.43M | 22.47M | 22.42M | 18.56M | 67.12M | -16.55M | -147.45M | 3.73M |
Net income | 147.65M | 95.86M | 109.63M | 124.26M | 69.98M | 55.18M | -31.89M | -18.71M | 51.88M | -178.16M |
Earnings per share | ||||||||||
Basic EPS | 2.22 | 1.41 | 1.57 | 1.79 | 1 | 0.79 | -0.46 | -0.28 | 0.76 | -2.65 |
Diluted EPS | 2.18 | 1.39 | 1.55 | 1.74 | 0.97 | 0.77 | -0.46 | -0.27 | 0.76 | -2.64 |
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