The Inventing Press

LAUREATE EDUCATION, INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$1.7B$1.6B$1.5B$1.2B$1.1B
Cost of revenue$1.2B$1.1B$1.1B$907.4M$814.5M
Operating income$431.1M$374.0M$338.8M$270.0M-$4.6M
Interest expense$10.7M$18.1M$21.0M$16.4M$46.3M
Pretax income$400.9M$414.5M$254.5M$245.9M-$137.5M
Income tax expense$117.3M$119.0M$137.6M$185.4M$145.6M
Net income$281.6M$296.5M$107.6M$69.6M$192.4M
Balance Sheet
Cash and equivalents$146.7M$91.3M$89.4M$85.2M$324.8M
Current assets$318.3M$227.3M$224.4M$226.2M$544.3M
Total assets$2.2B$1.9B$2.1B$2.0B$2.2B
Current liabilities$472.9M$367.9M$453.2M$381.4M$371.9M
Total liabilities$1.0B$903.5M$1.2B$1.2B$1.1B
Total debt$129.1M$102.1M$167.4M$234.2M$157.3M
Stockholders' equity$1.2B$959.5M$950.1M$776.2M$1.1B
Cash Flow Statement
Cash from operations$366.2M$232.7M$250.8M$178.2M-$156.1M
Depreciation and amortization$74.5M$68.2M$69.6M$59.1M$101.2M
Stock-based compensation$13.3M$7.8M$7.1M$8.8M$10.2M
Capital expenditure$103.0M$71.9M$56.4M$52.8M$50.4M
Free cash flow$263.1M$160.8M$194.3M$125.5M-$206.5M
Share repurchases$215.2M$102.1M$0$282.2M$380.5M
Impairments$0$0$3.1M$144,000$73.8M

Shares outstanding 140.0M

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.