7Baggers

Laureate Education Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -784.43-597.49-410.55-223.61-36.67150.27337.22524.16Milllion

Laureate Education Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2007-06-30 2006-12-31 2006-09-30 2006-06-30 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 2002-12-31 
                                                   
  revenues524,156,000 236,162,000 423,394,000 368,631,000 499,245,000 275,372,000 409,433,000 361,533,000 462,067,000 251,255,000 346,328,000 300,999,000 385,381,000 209,563,000 296,730,000 267,691,000 327,579,000 194,701,000 285,219,000 243,523,000 791,678,000 528,557,000  773,699,000 1,001,802,000 621,796,000 787,102,000 1,247,917,000 885,288,000 983,394,000 1,277,439,000 855,933,000 375,776,000 884,855,000 260,906,000 303,119,000 49,801,000 199,204,000 217,789,000 184,114,000 36,527,500 146,110,000        
  yoy4.99% -14.24% 3.41% 1.96% 8.05% 9.60% 18.22% 20.11% 19.90% 19.89% 16.71% 12.44% 17.65% 7.63% 4.04% 9.92% -58.62% -63.16%  -68.52% -20.97% -15.00%  -38.00% 13.16% -36.77% -38.38% 45.80% 135.59% 11.14% 389.62% 182.38% 654.56% 344.20% 19.80% 64.64% 36.34% 36.34%            
  qoq121.95% -44.22% 14.86% -26.16% 81.30% -32.74% 13.25% -21.76% 83.90% -27.45% 15.06% -21.90% 83.90% -29.38% 10.85% -18.28% 68.25% -31.74% 17.12% -69.24% 49.78%   -22.77% 61.11% -21.00% -36.93% 40.96% -9.98% -23.02% 49.25% 127.78% -57.53% 239.15% -13.93% 508.66% -75.00% -8.53% 18.29% 404.04% -75.00%         
  costs and expenses:                                                 
  direct costs317,351,000 238,363,000 287,952,000 285,956,000 318,997,000 253,978,000 279,419,000 291,052,000 293,998,000 225,312,000 252,310,000 229,361,000 242,814,000 182,880,000 237,349,000 181,978,000 213,315,000 181,848,000 188,333,000 185,758,000 554,132,000 588,987,000  655,627,000 720,230,000 652,414,000 677,816,000 908,941,000 865,446,000 924,091,000 942,246,000 853,232,000 295,441,000 715,033,000 236,250,000 234,718,000 42,463,000 169,852,000 178,072,000 171,884,000 -119,240,000 122,063,000        
  general and administrative expenses13,468,000 10,990,000 11,223,000 10,635,000 13,653,000 10,265,000 18,566,000 11,772,000 11,960,000 10,314,000 15,998,000 15,321,000 15,926,000 17,505,000 65,100,000 47,315,000 49,361,000 42,594,000 58,978,000 52,602,000 47,241,000 52,937,000  72,342,000 67,405,000 53,911,000 73,680,000 73,203,000 47,301,000 64,999,000 91,343,000 65,567,000 10,330,000 34,925,000 11,154,000 11,420,000 1,793,250 7,173,000 5,687,000 6,214,000 -2,555,000 5,450,000        
  operating income193,337,000 -13,191,000  72,040,000 166,595,000 11,129,000 337,202,000 58,709,000 154,489,000 15,629,000 78,020,000 56,317,000 126,641,000 9,034,000 -11,046,000 35,106,000 57,684,000 -86,391,000 36,876,000 -318,235,000 -254,780,000 -117,135,000  45,730,000 213,697,000 -84,529,000 25,576,000 265,773,000 -27,459,000 -5,696,000 243,850,000 -62,866,000 66,459,000 134,897,000 13,502,000 56,981,000 109,578,000 20,844,000 33,616,000 5,236,000 73,541,000 17,706,000 22,161,000 3,592,000 22,686,000 10,906,000    
  yoy16.05% -218.53%  22.71% 7.84% -28.79% 332.20% 4.25% 21.99% 73.00% -806.32% 60.42% 119.54% -110.46% -129.95% -111.03% -122.64% -26.25%  -795.90% -219.22% 38.57%  -82.79% -878.24% 1384.01% -89.51% -522.76% -141.32% -104.22% 1706.03% -210.33% -39.35% 547.17% -59.83% 988.25% 49.00% 17.72% 51.69% 45.77% 224.17% 62.35%        
  qoq-1565.67%   -56.76% 1396.94% -96.70% 474.36% -62.00% 888.48% -79.97% 38.54% -55.53% 1301.83% -181.79% -131.46% -39.14% -166.77% -334.27% -111.59% 24.91% 117.51%   -78.60% -352.81% -430.50% -90.38% -1067.89% 382.08% -102.34% -487.89% -194.59% -50.73% 899.09% -76.30% -48.00% 425.71% -37.99% 542.02% -92.88% 315.35% -20.10% 516.95% -84.17% 108.01%     
  operating margin %36.89% -5.59%  19.54% 33.37% 4.04% 82.36% 16.24% 33.43% 6.22% 22.53% 18.71% 32.86% 4.31% -3.72% 13.11% 17.61% -44.37% 12.93% -130.68% -32.18% -22.16%  5.91% 21.33% -13.59% 3.25% 21.30% -3.10% -0.58% 19.09% -7.34% 17.69% 15.25% 5.18% 18.80% 220.03% 10.46% 15.44% 2.84% 201.33% 12.12%        
  interest income1,369,000 1,519,000 -241,706,000 2,356,000 2,004,000 1,911,000 -219,742,000 2,830,000 1,951,000 2,158,000 1,944,000 1,970,000 1,685,000 1,968,000 1,922,000 1,268,000 477,000 711,000 575,000 684,000 1,016,000 2,667,000  3,154,000 2,844,000 3,553,000 3,502,000 5,448,000 6,129,000 5,840,000 4,460,000 4,694,000                  
  interest expense-3,145,000 -2,366,000 -24,373,000 -4,979,000 -5,129,000 -4,661,000 -27,925,000 -5,169,000 -6,137,000 -5,952,000 -4,829,000 -3,694,000 -4,164,000 -3,731,000 -5,480,000 -3,736,000 -13,541,000 -23,518,000 -25,196,000 -24,703,000 -33,812,000 -36,110,000  -40,319,000 -41,467,000 -54,655,000 -58,319,000 -65,969,000 -69,465,000 -76,454,000 -98,962,000 -102,633,000                  
  other income804,000 -15,000 15,991,000 923,000 108,000 -548,000 16,933,000 66,000 -129,000 261,000  1,393,000 246,000 -1,226,000 76,245,000 -46,000 -55,000 34,000 -3,234,000 1,301,000 -406,000 -102,000  1,038,000 7,696,000 359,000 8,312,000 2,099,000 2,406,000 -718,000 -380,000 436,000                  
  foreign currency exchange gain-25,576,000  50,175,000 14,523,000 27,451,000  -75,900,000 9,755,000    15,146,000  -3,601,000 38,308,000 6,085,000  28,183,000 -57,600,000 -2,907,000 -4,903,000 35,944,000   8,817,000  -26,492,000  -8,754,000 7,327,000 -9,726,000 2,290,000  3,969,000 854,000     249,000    360,000   305,000   
  income from continuing operations before income taxes166,789,000  -771,500 84,863,000 191,029,000  891,750 69,451,000   -726,500 71,132,000   4,687,250 37,728,000   -92,549,500 -343,239,000    -6,564,000  -145,370,000 -47,565,000  174,077,000 -89,631,000               2,367,000 9,468,000    
  income tax expense-69,359,000 -2,517,000   -63,072,000 -9,922,000 -308,322,000 -33,716,000 -57,468,000 -10,195,000 365,250 -39,280,000 -71,966,000 -47,967,000   -13,184,000    -7,529,000    -74,343,000   -88,889,000   -42,028,000                   
  income from continuing operations97,430,000 -19,766,000 368,268,000 85,331,000 127,957,000 -10,791,000 218,408,000 35,735,000 60,350,000 -26,748,000 -124,276,000 31,852,000 39,414,000 -45,415,000 -166,443,000 -10,390,000 -115,885,000 -164,525,000 -320,779,000 -271,040,000 -301,753,000 124,082,000  -28,526,000 104,500,000 -110,314,000 -43,792,000      59,037,000 98,527,000 9,884,000 40,659,000 73,699,000 12,047,000 22,157,000 3,854,000 2,325,750 9,303,000 23,837,000 2,507,000 1,442,500 5,770,000 -320   
  income from discontinued operations, net of tax of 0 for both periods-4,000 213,000 -1,750 -4,000 394,000 -57,000 -750 246,000 -4,037,000 -14,000                                        
  net income97,426,000 -19,553,000 93,899,000 85,327,000 128,351,000 -10,848,000 37,930,000 35,981,000 56,313,000 -26,762,000 68,908,000 31,036,000 43,559,000 -44,680,000  360,137,000 -29,224,000 -164,943,000 -255,414,000 -784,430,000 -311,628,000 98,316,000  -96,794,000 779,616,000 194,265,000 -96,684,000 223,954,000 171,545,000 -103,490,000 117,098,000 -120,353,000 58,926,000 93,635,000 11,988,000 37,973,000 63,365,000 11,818,000 19,806,000 4,596,000 53,677,000 9,334,000 20,810,000 -384,000 40,710,000 5,425,000 30,851,000 -15,971,000  
  yoy-24.09% 80.25% 147.56% 137.14% 127.92% -59.46% -44.96% 15.93% 29.28% -40.10%  -91.38% -249.05% -72.91%  -145.91% -90.62% -267.77%  710.41% -139.97% -49.39%  -143.22% 354.47% -287.71% -182.57% -286.08% 191.12% -210.52% 876.79% -416.94% -7.01% 692.31% -39.47% 726.22% 18.05% 26.61% -4.82% -1296.88% 31.85% 72.06% -32.55% -97.60%      
  qoq-598.27% -120.82% 10.05% -33.52% -1283.18% -128.60% 5.42% -36.11% -310.42% -138.84% 122.03% -28.75% -197.49%   -1332.33% -82.28% -35.42% -67.44% 151.72% -416.97%   -112.42% 301.32% -300.93% -143.17% 30.55% -265.76% -188.38% -197.30% -304.24% -37.07% 681.07% -68.43% -40.07% 436.17% -40.33% 330.94% -91.44% 475.07% -55.15% -5519.27% -100.94% 650.41% -82.42% -293.17%   
  net income margin %18.59% -8.28% 22.18% 23.15% 25.71% -3.94% 9.26% 9.95% 12.19% -10.65% 19.90% 10.31% 11.30% -21.32%  134.53% -8.92% -84.72% -89.55% -322.12% -39.36% 18.60%  -12.51% 77.82% 31.24% -12.28% 17.95% 19.38% -10.52% 9.17% -14.06% 15.68% 10.58% 4.59% 12.53% 127.24% 5.93% 9.09% 2.50% 146.95% 6.39%        
  net income attributable to noncontrolling interests-2,343,000 57,000 -255,000 136,000 -221,000 97,000 -951,250 177,000 -136,000 155,000 6,462,750 81,000  469,000   224,000 15,000   3,805,000   1,568,000 1,976,000 -3,022,000 1,895,000  -2,666,000 5,531,000 -712,000 -2,454,000                  
  net income attributable to laureate education, inc.95,083,000 -19,496,000 93,644,000 85,463,000 128,130,000 -10,751,000 42,058,000 36,158,000 56,177,000 -26,607,000 65,509,000 31,117,000 43,423,000 -44,211,000 -264,324,000 360,406,000 -29,000,000 -164,928,000 -618,423,000 -784,442,000 -307,823,000 99,615,000  -95,226,000 781,592,000 191,243,000 -94,789,000 224,410,000 168,879,000 -97,959,000 116,386,000 -122,807,000                  
  basic and diluted earnings per share:  3,000    49,000    7,478,750    41,492,500                                   
  income from discontinued operations  50,710,500    16,432,000  -0.03  103,500  0.02  127,000 0.45                                 
  basic and diluted earnings per share0.65   0.56 0.83   0.23   7,582,250 0.19   41,619,500 1.94                                  
  foreign currency exchange loss -3,199,000    -5,607,000   -32,357,000 -28,952,000   -14,451,000    -15,519,000       -14,777,000  -4,659,000  -17,867,000                      
  loss on disposal of subsidiaries          103,250             -1,474,000                          
  income from continuing operations before income taxes and equity in net income of affiliates -17,252,000    -862,000   117,818,000 -16,550,000   111,418,000 2,444,000   -102,701,000 -51,664,000   -294,220,000 -111,205,000   178,624,000   312,843,000   159,125,000 -147,447,000                  
  equity in net income of affiliates, net of tax 3,000    -7,000    -3,000   -38,000 108,000       -4,000 185,000   219,000      1,000                   
  gain on disposal of subsidiaries  9,091,750   -3,086,000 -12,888,500 3,260,000 1,000 306,000   1,461,000  -16,750 -949,000 27,000  -294,500 621,000 93,000                             
  income tax benefit  68,757,500 468,000           -144,651,000 -48,118,000  -112,861,000 -163,445,000 72,199,000  235,102,000  -21,962,000  35,056,000 3,773,000  -2,532,000 -13,859,000  27,094,000               3,222,000 8,012,000  
  loss on impairment of assets        1,620,000     144,000 5,327,000 3,292,000 7,219,000 56,650,000 1,032,000 323,398,000 445,085,000 3,768,000   470,000  10,030,000                       
  basic earnings per share:                                                 
  basic earnings per share        0.35    0.26                                     
  diluted earnings per share:                                                 
  diluted earnings per share        0.35    0.25                                     
  income from discontinued operations, net of tax expense of 0 and 248,838, respectively          -39,803,250 -816,000                                      
  loss on debt extinguishment                -77,927,000 -13,000      -200,000 -15,595,000 -10,622,000   -7,481,000  -6,915,000 -1,515,000                  
  loss on derivatives                -53,847,000          -144,000                       
  income from discontinued operations, net of tax benefit of 0 and 1,063, respectively            4,145,000                                     
  net (income) loss attributable to noncontrolling interests            -136,000      -249,435,500 -12,000                              
  gain on derivatives                 29,330,000 -25,354,000  -1,428,000 802,000  284,000 2,632,000 5,183,000  111,596,000 -19,340,000 -19,930,000 26,970,000 12,147,000                  
  income from discontinued operations, net of tax expense of 0 and 9,665, respectively             735,000                                    
  income from discontinued operations, net of tax expense of 248,838 and 103,794, respectively              -43,540,750 370,527,000                                  
  net income (income) attributable to noncontrolling interests              -72,700,000 269,000      1,299,000      456,000                      
  income from discontinued operations, net of tax benefit of 1,063 and 3,043, respectively                86,661,000                                 
  basic and diluted loss per share                -0.15                                 
  income from discontinued operations, net of tax benefit of (9,665) and 5,183, respectively                 -418,000                                
  income from discontinued operations, including tax benefit of (51,081) and 24,070, respectively                  -19,125,750 -169,768,000                              
  loss on sales of discontinued operations, including tax expense of 52,712 and 3,591, respectively                  -139,487,750 -343,622,000                              
  income from discontinued operations, including tax expense of 1,909 and 3,722, respectively                    -12,171,000                             
  gain on sales of discontinued operations, including tax benefit of 3,768 and 34,457, respectively                    2,296,000                             
  gain on sales of subsidiaries                     2,729,000      11,763,000 298,041,000  -172,000                   
  income from discontinued operations, net of tax expense of 1,482 and 10,141, respectively                     -3,804,000                            
  gain on sales of discontinued operations, including tax benefit of 1,591 and 287, respectively                     -21,962,000                            
  income from discontinued operations, including tax benefit of (2,062) and 2,939, respectively                       -27,137,000                          
  loss on sales of discontinued operations, including tax expense of 3,591 and 2,694, respectively                       -41,131,000                          
  accretion of redeemable noncontrolling interests and equity                       -193,000                          
  net income available to common stockholders                       -95,419,000 781,786,000 191,506,000 -94,465,000 294,196,000 111,476,000 -182,019,000 47,174,000 -161,683,000                  
  income from discontinued operations, net of tax benefit of (3,942) and 3,765, respectively                        33,600,000                         
  gain on sales of discontinued operations, net of tax benefit of 34,457 and 0, respectively                        641,516,000                         
  accretion of series a convertible redeemable preferred stock and other redeemable noncontrolling interests and equity                        194,000  324,000 -4,324,000 -57,403,000 -84,060,000 -69,212,000 -38,876,000                  
  gain upon conversion of series a convertible redeemable preferred stock                           74,110,000                      
  income from discontinued operations, including tax expense of (9,350) and (46,382), respectively                         56,574,000                        
  gain on sales of discontinued operations, net, including tax benefit of 287 and 20,792, respectively                         248,005,000                        
  accretion of other redeemable noncontrolling interests and equity and series a convertible redeemable preferred stock                         263,000                        
  income from discontinued operations, net of tax benefit (expense) of 2,905 and (1,329), respectively                          -34,466,000                       
  loss on sales of discontinued operations, net of tax expense of 2,694 and 0                          -18,426,000                       
  costs and expenses                                                 
  transaction costs                                3,546,000                 
  total costs and expenses                                309,317,000 749,958,000 247,404,000 246,138,000 566,594,000 178,360,000 184,173,000 178,878,000 428,368,000 128,404,000 136,090,000 128,564,000 343,793,000 95,421,000 127,361,000 110,587,000  
  interest and other income                                4,875,000 1,131,750 4,527,000 4,282,000 719,000 2,876,000 3,273,000 2,416,000          
  gain on sale of chancery software, ltd.                                809,000   9,322,000              
  income from continuing operations before income taxes, minority interest, and equity in net income of affiliates                                63,950,000 130,497,000 13,997,000 67,240,000 109,249,000 21,019,000 33,249,000 5,527,000 4,072,500 16,290,000 36,312,000 5,696,000      
  minority interest in income of consolidated subsidiaries, net of tax                                                 
  income from discontinued operations, net of income tax expense of 0 in 2007 and 314 in 2006                                                 
  loss on disposal of discontinued operations, net of income tax benefit of (103) in 2007 and 415 in 2006                                                 
  earnings available to common shareholders:                                                 
  effect of minority put arrangements                                                 
  income from continuing operations available to common shareholders                                52,861,000                 
  net income available to common shareholders                                52,750,000                 
  earnings per common share, basic:                                                 
  earnings per common share, diluted:                                                 
  income from discontinued operations, net of income tax expense of 0 in 2006 and 0 in 2005                                                 
  gain from disposal of discontinued operations, net of income tax benefit of 2,341 in 2006 and 0 in 2005                                 554,250 2,217,000               
  income from discontinued operations, net of income tax expense of 314 in 2006 and 0 in 2005                                                 
  income from disposal of discontinued operations, net of income tax benefit (expense of 415 in 2006 and (10,531) in 2005                                                 
  non-cash stock compensation expense                                    3,253,000 1,335,000 414,000 780,000 4,827,000 891,000 2,283,000 712,000      
  income from discontinued operations, net of income tax benefit of 0 in 2005 and 974 in 2004                                                 
  composition of non-cash stock compensation expense:                                                 
  total                                    333,750 1,335,000  780,000          
  see accompanying notes to financial statements.                                                 
  income from discontinued operations, net of income tax expense of 0 in 2005 and 633 in 2004                                                 
  loss on disposal of discontinued operations, net of income tax expense of 3,131 in 2005 and 0 in 2004                                                 
  income from discontinued operations, net of income tax benefit (expense) of 285 in 2005 and (186) in 2004                                       742,000          
  investment and other income                                        290,000 1,160,000 16,043,000 2,798,000 3,705,000 3,162,000 210,000 206,000  
  income from discontinued operations, net of income tax benefit of 974 in 2004 and 285 in 2003                                        7,750 31,000        
  core operating segments                                          158,251,000 132,156,000 365,576,000 106,327,000 115,774,000 108,286,000  
  ventures                                                 
  total revenues                                          158,251,000 132,156,000 366,479,000 106,327,000 116,242,000 108,721,000  
  direct costs:                                                 
  general and administrative expenses:                                                 
  minority interest in income of consolidated subsidiaries, net of tax:                                                 
  other                                            156,000 38,000 65,000 66,000  
  equity in net income of affiliates, net of tax:                                                 
  income from discontinued operations, net of income tax expense of 633 in 2004 and 3,446 in 2003                                                 
  gain on disposal of discontinued operations, net of income tax expense of 40,295 in 2003                                                 
  sylvan ventures                                              468,000 435,000  
  sylvan ventures investment loss                                                 
  gain on sale of investment                                           504,000      
  minority interest in (income) loss of consolidated subsidiaries, net of tax:                                                 
  income from discontinued operations, net of income tax expense of 186 in 2004 and 1,655 in 2003                                                 
  loss on disposal of discontinued operations, net of income tax expense of 7,425 in 2003                                                 
  non-cash compensation expense                                            88,750 355,000 22,158,000   
  loss on investments                                                 
  equity in net income of affiliates:                                                 
  minority interest in consolidated subsidiaries:                                                 
  income from discontinued operations, net of income tax benefit of (285) in 2003 and 3,676 in 2002                                                 
  gain on disposal of discontinued operations                                                 
  income from discontinued operations, net of income tax expense of 3,446 in 2003 and 5,392 in 2002                                                 
  gain on disposal of discontinued operations, net of income tax expense of 40,295 in 2003 and 6,035 in 2002                                              44,640,000   
  earnings per common share, basic and diluted:                                                 
  loss on sylvan ventures investments held for sale                                                 
  income from continuing operations before income taxes and cumulative effect of change in accounting principle                                                 
  income from continuing operations before cumulative effect of change in accounting principle                                               -330  
  income from discontinued operations, net of income tax expense of 1,655 in 2003 and 3,286 in 2002                                               2,388,000  
  loss on disposal of discontinued operations, net of income tax benefit of 7,425 in 2003                                                 
  income before cumulative effect of change in accounting principle                                                 
  cumulative effect of change in accounting principle, net of income tax benefit of 7,700 in 2002                                                 
  loss per common share, basic and diluted:                                                 

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