Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates in two segments, Colorado Technical University and American InterContinental University. It offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice, as well as business studies, information technologies, education, and health sciences. The company also operates intellipath, a personalized learning platform; and a mobile application and two-way messaging platform. As of December 31, 2021, it had a total student enrollment of approximately 40,400 students. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is based in Schaumburg, Illinois.
Revenue of Perdoceo Education Corporation (PRDO)
Revenue in 2023 (TTM): $710 M
According to Perdoceo Education Corporation's latest financial reports the company's current revenue (TTM) is $710 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Perdoceo Education Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $710 M | $579.68 M | $256.89 M | $192.12 M | $147.65 M |
| 2022 | $695.21 M | $578.49 M | $157.4 M | $134.27 M | $95.87 M |
| 2021 | $693.03 M | $584.29 M | $166.77 M | $149.08 M | $109.64 M |
| 2020 | $687.31 M | $575.55 M | $162.4 M | $146.83 M | $124.26 M |
| 2019 | $627.7 M | $525.76 M | $102.33 M | $93.02 M | $69.98 M |
| 2018 | $581.3 M | $471.4 M | $84.43 M | $74.35 M | $55.18 M |
| 2017 | $596.44 M | $453.09 M | $78.26 M | $36.25 M | $-31,897,000 |
| 2016 | $704.39 M | $469.29 M | $-6,871,000 | $-31,366,000 | $-18,712,000 |
| 2015 | $847.27 M | $557.5 M | $-6,357,000 | $-94,438,000 | $51.89 M |
| 2014 | $741.36 M | $500.56 M | $340 K | $-72,504,000 | $-178,163,000 |
| 2013 | $1.06 B | $651.08 M | $-89,603,000 | $-221,340,000 | $-164,263,000 |
| 2012 | $1.49 B | $918.1 M | $27.38 M | $-181,712,000 | $-142,796,000 |
| 2011 | $1.88 B | $1.25 B | $317.43 M | $41.95 M | $18.57 M |
| 2010 | $2.12 B | $1.49 B | $391.03 M | $246.88 M | $157.77 M |
| 2009 | $1.84 B | $1.22 B | $295.07 M | $224.05 M | $81.22 M |
| 2008 | $1.71 B | $1.05 B | $178.14 M | $97.15 M | $60.14 M |
| 2007 | $1.67 B | $1.08 B | $203.66 M | $143.68 M | $59.55 M |
| 2006 | $1.79 B | $1.23 B | $339.39 M | $187.44 M | $46.57 M |
| 2005 | $2.03 B | $1.41 B | $448.77 M | $383.28 M | $233.88 M |
| 2004 | $1.73 B | $1.17 B | $349.67 M | $295.67 M | $179.62 M |
| 2003 | $1.19 B | $774.8 M | $241.11 M | $199.44 M | $119.17 M |
| 2002 | $751.01 M | $456.47 M | $146.93 M | $114.36 M | $67.47 M |
| 2001 | $529.24 M | $315.32 M | $97.97 M | $69.74 M | $38.36 M |
| 2000 | $325.29 M | $195.67 M | $59.97 M | $39.51 M | $21.41 M |
| 1999 | $199.1 M | $113.6 M | $-500,000 | $19.2 M | $10.9 M |
| 1998 | $144.2 M | $87 M | $21.1 M | $7.7 M | $4.3 M |
| 1997 | $82.6 M | $48.1 M | $10.6 M | $-800,000 | $-900,000 |