LAUR · XBRL financial data

Laureate Education financial statements, every fiscal year

The same tables from 9 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LAUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,025	1,087	1,242	1,484	—	—
Revenue from contracts with customers	1,025	1,087	1,242	1,484	1,567	1,702
Cost of goods and services sold	802	814	907	1,090	1,147	1,220
General and administrative	200	204	65	53	46	51
Operating income (loss)	(329)	(5)	270	339	374	431
Interest expense	101	46	16	21	18	11
Other income (expense)	(2)	(2)	1	(0)	1	8
Income tax expense (benefit)	(130)	146	185	138	119	117
Net income (loss)	(613)	192	70	108	296	282
Earnings per share, basic USD per share	(2.93)	1.01	0.42	0.69	1.93	1.91
Earnings per share, diluted USD per share	(2.93)	1.01	0.41	0.68	1.92	1.89
Weighted average shares, basic millions of shares	210	190	168	157	153	148
Weighted average shares, diluted millions of shares	210	190	168	158	154	149

Fiscal years (LAUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	750	325	85	89	91	147
Total current assets	1,444	544	226	224	227	318
Property and equipment, net	578	500	523	562	514	629
Right-of-use asset	463	384	390	372	292	336
Goodwill	575	547	583	661	563	637
Total assets	4,971	2,211	1,972	2,126	1,862	2,206
Accounts payable	41	27	43	43	35	57
Accrued liabilities	96	66	51	69	61	73
Total current liabilities	805	372	381	453	368	473
Long-term debt	900	105	176	112	59	73
Lease liability, non-current	475	377	377	360	279	332
Total liabilities	2,705	1,070	1,196	1,176	904	1,018
Retained earnings (accumulated deficit)	(177)	16	39	42	292	417
Total stockholders' equity	2,277	1,141	776	950	960	1,188
Total liabilities and equity	4,971	2,211	1,972	2,126	1,862	2,206
Common shares outstanding (cover page) millions of shares	0	181	157	158	151	143

Fiscal years (LAUR's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(613)	192	70	108	296	282
Stock-based compensation	13	10	9	7	8	13
Depreciation and amortization	—	101	59	70	68	74
Net cash from operating activities	260	(156)	178	251	233	366
Net cash from investing activities	587	2,044	30	(52)	(58)	(103)
Share repurchases	100	381	282	0	102	215
Proceeds from long-term debt	528	46	496	154	155	126
Repayments of long-term debt	705	942	434	243	216	129
Net cash from financing activities	(273)	(2,683)	(462)	(202)	(167)	(222)
Net change in cash	769	(522)	(252)	3	1	54

SIC 8200 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 8200 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Laureate Education	190	485	152*	135.7M	—	Q3 FY26 10-QSep 30, 2026
Graham Holdings	154	1,326	160*	not reported	—	Q3 FY26 10-QSep 30, 2026
Covista	222	512	114	33.3M	—	Q1 FY27 10-QSep 30, 2026
Strategic Education	124	337	29*	22.2M	—	Q2 FY26 10-QJun 30, 2026
Stride	548	639	(125)	42.0M	6.3 quarters	Q1 FY27 10-QSep 30, 2026
Perdoceo Education	163	213	75*	62.6M	—	Q2 FY26 10-QJun 30, 2026
Grand Canyon Education	171	264	109*	26.1M	—	Q2 FY26 10-QJun 30, 2026
Universal Technical Institute	130	219	10*	55.1M	—	Q3 FY26 10-QJun 30, 2026
Udemy	253	not reported	15	146.3M	—	Q1 FY26 10-QMar 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.