Logo

PXED

Phoenix Education Partners, Inc

PXED

Phoenix Education Partners, Inc NYSE
$33.71 8.88% (+2.75)

Market Cap $1.20 B
52w High $47.08
52w Low $23.52
Dividend Yield 0%
P/E 8.97
Volume 89.50K
Outstanding Shares 35.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $271.703M $83.32M $53.841M 19.816% $1.513 $78.912M
Q3-2025 $223.406M $90.428M $16.125M 7.218% $0.453 $27.485M
Q2-2025 $254.692M $81.955M $46.416M 18.224% $1.304 $68.718M
Q1-2025 $240.216M $101.107M $9.822M 4.089% $0.276 $32.622M
Q4-2024 $253.848M $80.631M $44.389M 17.486% $1.247 $65.094M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $182.006M $493.562M $253.507M $246.774M
Q3-2025 $212.72M $606.754M $282.269M $309.601M
Q4-2024 $313.675M $695.25M $346.32M $0

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $10.019M $22.711M $-21.933M $-17K $761K $16.249M

Five-Year Company Overview

Income Statement

Income Statement PXED’s income statement shows a business that is growing and becoming more profitable. Revenue has been rising at a healthy pace, and profits have grown faster than sales, which suggests better cost control and operating leverage. Gross profitability looks solid for an education provider, and operating income and net income both moved up meaningfully year over year. In plain terms: the core business seems to be scaling well, with improving margins rather than just relying on top‑line growth. The track record is still short, but the direction of travel is clearly positive.


Balance Sheet

Balance Sheet The balance sheet looks relatively conservative and cash‑friendly. Cash makes up a substantial portion of total assets, providing a cushion for investment, marketing, and technology spending, as well as flexibility if conditions weaken. Debt is present but modest relative to the size of the business, and it has been reduced slightly, which points to some de‑risking over time. Total assets have inched up, suggesting steady, not aggressive, expansion. Some details like stated equity and per‑share metrics are not fully clear from the snapshot, but overall the company does not appear highly leveraged or overextended.


Cash Flow

Cash Flow PXED is generating real cash, not just accounting profits. Operating cash flow has improved alongside earnings, showing that customers are paying and working capital is being managed reasonably well. Free cash flow also increased, even after funding ongoing technology and platform investments. Capital spending is meaningful but not excessive, hinting at a business that can both fund its growth and still produce cash. This combination of rising earnings and rising free cash flow is a notable strength, though it will be important to see if it holds through different cycles and regulatory environments.


Competitive Edge

Competitive Edge PXED’s competitive edge rests on three main pillars: a long‑standing brand in online education, deep experience serving working adults, and a growing base of employer partnerships. The University of Phoenix name is widely recognized, and its large alumni network helps with referrals, employer relationships, and credibility. The company’s focus on working adults—flexible schedules, career‑oriented programs, and tailored support—gives it a clear niche that traditional universities often struggle to serve as effectively. On top of that, its business‑to‑business relationships, where employers send and subsidize learners, provide a more stable and “stickier” demand stream than relying only on individual sign‑ups. The flip side is that the online education market is intensely competitive and heavily scrutinized by regulators, so maintaining this edge will require continued product quality, outcomes, and compliance.


Innovation and R&D

Innovation and R&D Innovation is a central part of PXED’s strategy, not an add‑on. The company has committed large sums to its technology stack, with a heavy emphasis on artificial intelligence, data, and skills‑based learning. The Skillmore platform helps employers map workforce skills and training needs, while Career Navigator guides students from coursework to specific job paths. These tools are designed to link education directly to employability, which is exactly what working adults and corporate clients tend to care about most. The focus on adaptive, personalized learning and digital credentials (like skills badges) further differentiates PXED from more generic online programs. The opportunity is substantial, but the strategy is execution‑heavy: the company must keep iterating its platforms, prove clear outcomes to employers and students, and ensure that this tech spend translates into sustained enrollment and retention gains rather than just higher costs.


Summary

Overall, PXED looks like a mature education brand that has been rebuilt around technology, skills, and working‑adult learners. Financially, it shows a pattern of rising sales, improving profitability, and solid cash generation, supported by a balance sheet with meaningful cash and modest leverage. Competitively, its long history in online education, targeted focus on non‑traditional students, and employer partnerships give it a defensible position in a crowded field. Its heavy investment in AI‑driven platforms and skills intelligence creates both a potential moat and a key execution risk: success depends on turning those tools into better student outcomes and deeper corporate relationships. Observers may want to watch enrollment trends, B2B growth, student outcomes, and regulatory developments to gauge how durable this growth story will be over time.