Every material Form 8-K Perdoceo Education filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Perdoceo Education reported third-quarter 2026 diluted EPS of $0.70, up from $0.60, on revenue of $215.9 million, up 1.9%. The company also issued fourth-quarter and full-year 2026 outlook, with full-year diluted EPS expected at $2.93 to $2.97 compared with $2.42 in 2025.
Q3 operating income rose 8.1% to $55.1 million; CTU operating income fell 6.1% to $44.9 million, which the company attributes to higher legal fees.
Year-to-date diluted EPS was $2.31 versus $1.87, and year-to-date revenue rose 2.6% to $651.0 million.
Q4 2026 diluted EPS outlook is $0.63 to $0.67, compared with $0.54 in Q4 2025.
Board declared a quarterly dividend of $0.17 per share, payable December 11, 2026; the company repurchased $19.9 million of stock in the quarter.
Perdoceo Education agreed on September 14, 2026 to acquire 100% of South University Savannah, LLC from South University – Member, Inc., with a $150 million initial cash payment at closing before adjustments. The company said it expects to complete the deal as early as April 2027 and that it would be immediately accretive to adjusted operating income beginning in 2027, and it reaffirmed its fiscal 2026 adjusted operating income outlook of $258 million to $263 million.
Cash consideration: about $150 million at closing (subject to adjustments), $18 million deferred over 24 months, and up to $56 million in earn-outs tied to EBITDA for fiscal 2027 through 2029
South reported unaudited 2025 revenues of approximately $291 million and adjusted operating income of approximately $34 million
Closing is expected as early as April 2027, subject to regulatory and accreditor approvals; either party may terminate if closing has not occurred by July 9, 2027, with a termination fee of up to $20 million
Perdoceo reaffirmed its full-year 2026 adjusted operating income outlook of $258 million to $263 million
Perdoceo reported second-quarter 2026 revenue of $213.4 million, up 1.8%, and diluted EPS of $0.75, up from $0.62 a year earlier. It also raised its quarterly dividend 13.3% to $0.17 per share and gave a full-year 2026 diluted EPS outlook of $2.91 to $2.97, compared with $2.42 in 2025.
Q2 2026 operating income rose 6.8% to $54.9 million; adjusted operating income rose 4.4% to $64.2 million.
Year-to-date 2026 revenue rose 3.0% to $435.1 million and diluted EPS was $1.60, versus $1.27 a year earlier.
Third-quarter 2026 diluted EPS outlook is $0.68 to $0.69, versus $0.60 in the prior-year quarter.
The dividend of $0.17 per share is payable September 10, 2026 to holders of record as of September 1, 2026.
At its May 21, 2026 annual meeting, Perdoceo stockholders approved a new 2026 Long-Term Incentive Plan authorizing 4,500,000 shares, plus shares from certain expired or forfeited awards under the 2016 plan. Stockholders also elected nine directors, ratified Grant Thornton LLP as auditor for 2026, and approved executive compensation on an advisory basis, which gives shareholders a record of how the votes went.
The 2026 Plan authorizes 4,500,000 shares for issuance, plus shares underlying certain awards under the 2016 Plan that later expire, terminate, are canceled or are forfeited.
Plan approval vote: 51,753,505 for, 2,443,873 against, 14,331 abstentions and 4,273,446 broker non-votes.
Each of the nine director nominees received more votes for than against, with Alan D. Wheat having the lowest for count at 53,518,792 and 325,112 against.
The Compensation Committee approved forms of restricted stock unit, performance share unit and non-employee director restricted stock unit award agreements on May 21, 2026.
Perdoceo reported first-quarter 2026 results with revenue up 4.1% to $221.7 million, operating income up 22.0% to $63.1 million, and diluted EPS of $0.85 versus $0.65 a year earlier. The company also gave second-quarter and full-year 2026 outlook, with full-year GAAP diluted EPS expected at $2.86 to $2.97, which matters to shareholders because it sets expectations for profit through year-end.
Q1 2026 revenue rose 4.1% to $221.7 million from $213.0 million; net income was $54.0 million versus $43.7 million.
Total student enrollments were 48,740 at March 31, 2026, up 1.1% from 48,190; AIUS enrollment fell 2.2%.
Q2 2026 GAAP diluted EPS outlook is $0.74 to $0.75 (adjusted $0.79 to $0.80); full-year 2026 GAAP EPS outlook is $2.86 to $2.97 (adjusted $3.05 to $3.16).
Board declared a quarterly dividend of $0.15 per share, payable June 12, 2026 to holders of record as of June 1, 2026.
On March 10, 2026, Perdoceo's Compensation Committee approved a 2026 Annual Incentive Plan similar in all material respects to its 2025 plan. The plan ties 80% of payouts to company-wide adjusted operating income and 20% to individual goals, with payouts capped at 200% of target.
Approved by the Compensation Committee on March 10, 2026
Perdoceo Education reported fourth-quarter and full-year 2025 results that showed higher revenue, operating income and earnings per diluted share than in 2024, and gave a 2026 outlook for adjusted earnings per diluted share of $2.97 to $3.12, compared with $2.61 for 2025. For shareholders, the filing shows growth in both periods and a forecast for further adjusted earnings growth in 2026, while the company also declared a $0.15 quarterly dividend.
Q4 2025 revenue rose 20.0% to $211.6 million; GAAP earnings per diluted share were $0.54 versus $0.47 a year earlier.
Full-year 2025 revenue rose 24.2% to $846.1 million; GAAP earnings per diluted share were $2.42 versus $2.19.
2026 full-year outlook: GAAP earnings per diluted share of $2.78 to $2.93 and adjusted earnings per diluted share of $2.97 to $3.12.
Board declared a $0.15 quarterly dividend on February 19, 2026, and approved a new $100.0 million buyback program on January 2, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Perdoceo Education filing is on SEC EDGAR ↗. 8-K briefs of other companies →