Phoenix Education Partners posts FY2026 revenue of $1,017.0 million and raises dividend

what happened

Phoenix Education Partners, the parent of the University of Phoenix, reported results for the fourth quarter and fiscal 2026 year ended August 31, 2026, according to TradingView. Fourth-quarter net revenue came in at $260.7 million, up from $257.4 million a year earlier. Net income attributable to the company rose to $23.5 million, or $0.60 per diluted share, from $17.5 million. Adjusted EBITDA reached $61.5 million.

For the full fiscal year, net revenue was $1,017.0 million, but net income fell to $88.9 million from $133.9 million. The main reason was higher share-based compensation tied to the IPO, along with increased advertising expense. The board approved raising the regular quarterly dividend to $0.23 per share from $0.21. For fiscal 2027, the company expects net revenue of $970.0 million to $1,000.0 million and adjusted EBITDA of $225.0 million to $240.0 million.

why it matters

The key points for markets are modest revenue growth, a dividend increase, and a fiscal 2027 revenue range whose lower end sits below fiscal 2026 revenue. The news mainly concerns the company's own shares and has limited spillover to the broader market.

market impact

Phoenix Education Partners shares: dividend increase and revenue guidance are the main drivers; sector impact is limited

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