Laureate Education, Inc. - Q1 2026 Earnings Release

Laureate Education, Inc. reported its financial results for the first quarter of 2026. The company experienced a 9% increase in new enrollments and a 6% increase in total enrollments compared to the prior year's quarter. Reported revenue increased by 15% to $272.6 million, although on a constant currency basis, revenue saw a 1% increase, impacted by academic calendar timing. The company reported an operating loss of $27.5 million and a net loss of $21.6 million for the quarter. Adjusted EBITDA was $(2.3) million, down from $5.4 million in Q1 2025, also affected by academic calendar timing. Laureate increased its full-year 2026 Adjusted Earnings Per Share guidance due to approximately $105 million in share repurchases completed in the first quarter. The company expects full-year revenues to be between $1,890 million and $1,905 million, with Adjusted EBITDA projected to be between $583 million and $593 million. The updated full-year Adjusted EPS guidance is now $2.00 to $2.08 per share.