Phoenix Education Partners, Inc.PXED

The University of Phoenix just turned in a set of results that look like a spreadsheet designed by someone who really enjoys Excel’s conditional formatting. Revenue for the nine months to 31 May 2026 clocked in at $756.3 million, a 0.9% increase on the prior year-so modest it could be mistaken for a rounding error. Net income came in at $39.2 million, an achievement that would earn the finance team a polite golf clap rather than a bonus. Cash and equivalents stood at $155 million, which sounds healthy until you remember universities still bill students $2,000 for a single course retake.

Phoenix Education Partners exists to own and operate the University of Phoenix, a for-profit higher-education institution whose brand has long traded on convenience rather than prestige. The group’s consolidated statements include the university and its subsidiaries, and the filing makes clear that the core asset is the university itself. Management consulting fees to Apollo and Vistria-once described as strategic partners-were terminated at IPO pricing and are now immaterial, with technology services costing $5.4 million and $3.2 million in the nine months to May 31 2026 and 2025 respectively. Translation: the adults in the room have left the building.

According to the 10-Q for the period ending 31 May 2026, Phoenix Education Partners reported revenue from contracts with customers of $271.8 million, net income attributable to parent of $39.2 million, operating income of $51.8 million, total assets of $608.6 million, liabilities of $282.2 million, stockholders’ equity of $324.3 million, cash and cash equivalents of $155.0 million, net cash provided by operating activities of $116.7 million, property-plant-and-equipment spend of $15.0 million, diluted earnings per share of $1.01, and a diluted weighted average share count of 38.9 million. The same filing shows the University of Phoenix as the dominant contributor to these figures.

On the disclosure front, Phoenix Education Partners filed a routine 8-K on 14 July 2026 to announce its third-quarter results and reiterate its operating metrics. The press release accompanying the 10-Q confirms third-quarter revenue of $271.8 million versus $271.7 million in the prior-year comparator, and nine-month revenue of $756.3 million versus $749.8 million, all of which underscores the glacial pace of growth. The 8-K also notes the termination of management consulting agreements with Apollo and Vistria and confirms immaterial payments for technology services. Meanwhile, a 4 and a 3 filing on 13 July 2026 disclose director and officer shareholdings and related-party transactions, respectively, offering a glimpse into the governance mechanics behind the numbers.

If you want a chart, the company is quoted on an over-the-counter venue rather than a national exchange, and the SEC filings do not supply a primary market ticker symbol or a TradingView route. The company’s SEC company facts JSON and submissions JSON exist, but none of the source list includes a chart or level data. The operating story, therefore, must be read straight from the filings: modest growth, a strong cash position, and an asset base built around a single for-profit university whose enrolment model hinges on adult learners juggling work, family, and debt.