PXED

EX-99.1

2 pxed-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

News Release

Phoenix Education Partners, Inc. Reports Fourth Quarter and Fiscal Year 2026 Results

Connecting education and skills with evolving workforce needs

Phoenix, AZ, November 3, 2026 – Phoenix Education Partners, Inc. (NYSE: PXED) (the “Company” or “Phoenix Education Partners”), the parent company of The University of Phoenix, Inc. (the “University”), today reported financial results for the three months and fiscal year ended August 31, 2026, with fourth quarter net revenue of $260.7 million and fiscal year 2026 net revenue of $1,017.0 million.

“As workforce needs evolve, the value of higher education increasingly lies in the knowledge and skills students develop and can apply in a changing workplace,” said Chris Lynne, Chief Executive Officer of Phoenix Education Partners and President of the University of Phoenix. “We’re focused on providing that value through programs that deliver career-relevant skills, expanding offerings aligned with in-demand fields, and strengthening our relationships with employers to better understand and meet their workforce needs. With strong student retention and continued investment in the student experience, we remain focused on providing working adults with a relevant, high-quality education that meets their evolving needs.”

Fourth Quarter 2026 Results of Operations

Phoenix Education Partners reported net revenue for fourth quarter 2026 of $260.7 million, compared to $257.4 million for fourth quarter 2025. In fourth quarter 2026, the University’s Average Total Degreed Enrollment1 was 81,500, compared to 79,300 for fourth quarter 2025.

Net income attributable to Phoenix Education Partners for fourth quarter 2026 was $23.5 million, or $0.60 diluted earnings per share, compared to $17.5 million, or $0.46 diluted earnings per share for fourth quarter 2025. The increase in net income attributable to Phoenix Education Partners was primarily due to higher net revenue, lower provision for credit losses and lower strategic alternatives, restructuring and other. This was partially offset by higher share-based compensation resulting from our initial public offering (“IPO”) (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information).

Adjusted EBITDA was $61.5 million for fourth quarter 2026, compared to $56.6 million for fourth quarter 2025, and adjusted diluted earnings per share was $1.07 for fourth quarter 2026, compared to $1.03 for fourth quarter 2025.2

1“Average Total Degreed Enrollment” represents the aggregate of monthly Total Degreed Enrollment during a specified period divided by the number of months in the period. We define “Total Degreed Enrollment” as the number of confirmed students (both new and continuing) enrolled in credit-bearing courses who post attendance at least one time during a calendar month (even if they withdraw later in the same month), excluding students who graduated as of the end of such month.

2 Adjusted EBITDA and adjusted earnings per share are non-GAAP measures. For more information on non-GAAP measures used in this press release and a reconciliation of our GAAP information to our non-GAAP information, refer to the sections titled “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information.”

1

Fiscal Year 2026 Results of Operations

Phoenix Education Partners reported net revenue for fiscal year 2026 of $1,017.0 million, compared to $1,007.2 million for fiscal year 2025. In fiscal year 2026, the University’s Average Total Degreed Enrollment was 83,700, compared to 81,900 for fiscal year 2025.

Net income attributable to Phoenix Education Partners for fiscal year 2026 was $88.9 million, or $2.29 diluted earnings per share, compared to $133.9 million, or $3.51 diluted earnings per share for fiscal year 2025. The decrease in net income attributable to Phoenix Education Partners was primarily due to higher share-based compensation resulting from our IPO (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information) and increased advertising expense. This was partially offset by higher net revenue and lower provision for credit losses.

Adjusted EBITDA was $249.0 million for fiscal year 2026, compared to $243.9 million for fiscal year 2025, and adjusted diluted earnings per share was $4.47 for fiscal year 2026, compared to $4.50 for fiscal year 2025.2

Common Stock Cash Dividend

Beginning with our second quarter 2026, the Company paid a regular quarterly common stock cash dividend of $0.21 per share, which continued through the remainder of fiscal year 2026. Today, the Company is announcing that its Board of Directors approved an increase in its regular quarterly common stock cash dividend to $0.23 per share, representing an increase of

EX-99.1

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EX-99.1

EX-99.1

Exhibit 99.1

News Release

Phoenix Education Partners, Inc. Reports Third Quarter Fiscal Year 2026 Results

Expanding opportunity for career mobility through skills-aligned education

Phoenix, July 14, 2026 – Phoenix Education Partners, Inc. (NYSE: PXED) (the “Company” or “Phoenix Education Partners”), the parent company of The University of Phoenix, Inc. (the “University”), today reported financial results for the three months ended May 31, 2026, with third quarter net revenue of $271.8 million.

“The pace of change in the workforce continues to accelerate the need for continuous learning and career mobility,” said Chris Lynne, Chief Executive Officer of Phoenix Education Partners and President of the University of Phoenix. “For nearly five decades, the University of Phoenix has helped working adults adapt, grow and succeed through periods of economic and technological transformation. Today, we are building on that legacy by innovating on behalf of our students, enhancing the learning experience, strengthening employer connections and delivering the skills and education that help learners achieve their educational and career goals. As the workforce continues to evolve, we remain committed to expanding opportunity and helping learners build the capabilities needed to thrive in the future of work.”

Third Quarter 2026 Results of Operations

Phoenix Education Partners reported net revenue for third quarter 2026 of $271.8 million, compared to $271.7 million for third quarter 2025. In third quarter 2026, the University’s Average Total Degreed Enrollment1 was 85,300, compared to 84,800 for third quarter 2025. Net income attributable to Phoenix Education Partners for third quarter 2026 was $39.2 million, or $1.01 diluted earnings per share, compared to $53.8 million, or $1.42 diluted earnings per share, for third quarter 2025. The decrease in net income attributable to Phoenix Education Partners was primarily due to share-based compensation resulting from our initial public offering (“IPO”) (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information), increased advertising expense and higher strategic alternatives, restructuring and other expense.

Adjusted EBITDA was $78.1 million for third quarter 2026, compared to $83.4 million for third quarter 2025, and adjusted diluted earnings per share was $1.43 for the third quarter 2026, compared to $1.57 for third quarter 2025.2

1“Average Total Degreed Enrollment” represents the aggregate of monthly Total Degreed Enrollment during a specified period divided by the number of months in the period. We define “Total Degreed Enrollment” as the number of confirmed students (both new and continuing) enrolled in credit-bearing courses who post attendance at least one time during a calendar month (even if they withdraw later in the same month), excluding students who graduated as of the end of such month.

2 Adjusted EBITDA and adjusted earnings per share are non-GAAP measures. For more information on non-GAAP measures used in this press release and a reconciliation of our GAAP information to our non-GAAP information, refer to the sections titled “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information.”

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First Nine Months of 2026 Results of Operations

Phoenix Education Partners reported net revenue for the first nine months of 2026 of $756.3 million, compared to $749.8 million for the first nine months of 2025. In the first nine months of 2026, the University’s Average Total Degreed Enrollment was 84,500, compared to 82,700 for the first nine months of 2025. Net income attributable to Phoenix Education Partners for the first nine months of 2026 was $65.4 million, or $1.69 diluted earnings per share, compared to $116.4 million, or $3.08 diluted earnings per share, for the first nine months of 2025. The decrease in net income attributable to Phoenix Education Partners was primarily due to share-based compensation resulting from our IPO (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information), increased advertising expense and higher strategic alternatives, restructuring and other expense.

Adjusted EBITDA was $188.1 million for the first nine months of 2026, compared to $185.8 million for the first nine months of 2025, and adjusted diluted earnings per share was $3.40 for the first nine months of 2026, compared to $3.49 for the first nine months of 2025.2

Common Stock Cash Dividend

During third quarter 2026, the Company paid a regular common stock cash dividend of $0.21 per share. Today, the Company is announcing that its Board of Directors approved a regular, common stock cash dividend of $0.21 per share to be paid on August 14, 2026 to stockholders of record and holders of ce

EX-99.1

2 pxed-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

News Release

Phoenix Education Partners, Inc. Reports Second Quarter Fiscal Year 2026 Results

Advancing student success through flexible, career-relevant education

Phoenix, April 7, 2026 – Phoenix Education Partners, Inc. (NYSE: PXED) (the “Company” or “Phoenix Education Partners”), the parent company of The University of Phoenix, Inc. (the “University”), today reported financial results for the three months ended February 28, 2026, with second quarter revenue of $222.5 million.

“At the University, we remain focused on helping students develop skills that translate directly into their careers. We are proud to have issued more than one million digital badges representing verified skills to our students and alumni,” said Chris Lynne, Chief Executive Officer of Phoenix Education Partners and President of the University of Phoenix. “During the quarter, our teams continued to enhance the student experience, expand employer partnerships, and invest in capabilities that support high-quality, affordable programs. Our commitment to strong student outcomes was reflected in the Encoura + Ruffalo Noel Levitz Priorities Survey for Online Learners (PSOL)—a national survey of 150 institutions and approximately 90,000 learners—where the University performed above national averages across all 26 measured attributes, including exceeding the benchmark for overall satisfaction.”

Second Quarter 2026 Results of Operations

Phoenix Education Partners reported net revenue for second quarter 2026 of $222.5 million, compared to $223.4 million for second quarter 2025. In second quarter 2026, the University’s Average Total Degreed Enrollment1 was 82,600, compared to 81,100 for second quarter 2025. Net income attributable to Phoenix Education Partners for second quarter 2026 was $10.8 million, or $0.28 diluted earnings per share, compared to $16.1 million, or $0.43 diluted earnings per share, for second quarter 2025. The decrease in net income attributable to Phoenix Education Partners was primarily due to share-based compensation resulting from our initial public offering (“IPO”) (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information).

Adjusted EBITDA was $34.8 million for second quarter 2026, compared to $32.3 million for second quarter 2025, and adjusted diluted earnings per share was $0.58 for the second quarter 2026, compared to $0.56 for second quarter 2025.2

1“Average Total Degreed Enrollment” represents the aggregate of monthly Total Degreed Enrollment during a specified period divided by the number of months in the period. We define “Total Degreed Enrollment” as the number of confirmed students (both new and continuing) enrolled in credit-bearing courses who post attendance at least one time during a calendar month (even if they withdraw later in the same month), excluding students who graduated as of the end of such month.

2 Adjusted EBITDA and adjusted earnings per share are non-GAAP measures. For more information on non-GAAP measures used in this press release and a reconciliation of our GAAP information to our non-GAAP information, refer to the sections titled “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information.”

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First Six Months of 2026 Results of Operations

Phoenix Education Partners reported net revenue for the first six months of 2026 of $484.5 million, compared to $478.1 million for the first six months of 2025. In the first six months of 2026, the University’s Average Total Degreed Enrollment was 84,100, compared to 81,700 for the first six months of 2025. Net income attributable to Phoenix Education Partners for the first six months of 2026 was $26.2 million, or $0.68 diluted earnings per share, compared to $62.5 million, or $1.66 diluted earnings per share, for the first six months of 2025. The decrease in net income attributable to Phoenix Education Partners was primarily due to share-based compensation resulting from our IPO (see sections “Initial Public Offering” and “Reconciliation of GAAP Financial Information to Non-GAAP Financial Information” for additional information).

Adjusted EBITDA was $110.0 million for the first six months of 2026, compared to $102.4 million for the first six months of 2025, and adjusted diluted earnings per share was $1.97 for the first six months of 2026, compared to $1.92 for the first six months of 2025.2

Common Stock Cash Dividend

During second quarter 2026, the Company paid a regular common stock cash dividend of $0.21 per share. Today, the Company is announcing that its Board of Directors approved a regular, common stock cash dividend of $0.21 per share to be paid on May 22, 2026 to stockholders of record and holders of certain share-based awards as of April 29, 2026.

Share Repurchase Program

The Company announced today that its Board of