10-K · February 19, 2026
Laureate’s 2025 10‑K emphasizes a scale-driven, country-network strategy in Mexico and Peru (approximately 497,700 students as of December 31, 2025) and a push to expand online/hybrid delivery (targeting 40%–60% of…
Earnings analysis · 10-Q
LAUR earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Laureate Education reported Q1 2026 results with revenue of $272.6 million, an increase of 15% compared to Q1 2025. However, it posted a net loss of $21.6 million, reflecting external pressures such as unfavorable…
Read full summary
Laureate Education reported Q1 2026 results with revenue of $272.6 million, an increase of 15% compared to Q1 2025. However, it posted a net loss of $21.6 million, reflecting external pressures such as unfavorable academic calendar timing and increased costs, particularly in the Mexico segment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.21
- Segment
- Mexico
- Segment
- Peru
What stood out
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Revenue Growth
Q1 2026 revenue rose to $272.6 million, up $36.4 million from $236.2 million in Q1 2025, a 15% increase.
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Increased Enrollment
Higher average total enrollment contributed an increase of $9.6 million in revenues compared to Q1 2025.
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Operating Margin Decline
Operating loss expanded to $(27.5) million, worsening by $14.3 million from $(13.2) million in Q1 2025.
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Cash Flow Details
Free cash flow for Q1 2026 is not specified, but total cash flow from operations noted as $53M in Q1 2025.
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Tax Benefit Improvement
Income tax benefit improved by $8.2 million to a benefit of $5.7 million in Q1 2026 from an expense of $(2.5) million in Q1 2025.
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Foreign Currency Impact
Foreign currency exchange positively impacted revenues by $34.8 million due to the strengthening of the Mexican peso.
What to watch
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Increased Operating Loss
Operating loss rose to $(27.5) million from $(13.2) million year-over-year, highlighting operational challenges.
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Academic Calendar Timing Issues
The firm faced about $9 million in revenue loss due to unfavorable academic calendar timing, impacting Q1 results.
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Rising Depreciation Costs
Increased depreciation expenses related to campus expansions contributed to the higher operating losses.
Management's outlook
Management has indicated expectations of challenges ahead but has increased Adjusted EPS guidance for the full year.
Earlier filings 4
10-K · February 20, 2025
Laureate’s 10-K (Dec 31, 2024) emphasizes a scale-driven strategy focused on Mexico and Peru (approximately 472,000 students across five institutions and >50 campuses) and expansion of online/hybrid delivery (targeting…
10-Q · October 31, 2024
Laureate reported quarter revenue of $368,631 (three months ended September 30, 2024) and GAAP diluted EPS of $0.56, both improving versus the prior-year quarter. Operating income rose to $72,040 and segment performance…
10-Q · November 3, 2022
Laureate reported Q3 revenue of $300,999 (up $33,308 or +12.45% vs $267,691 in Q3 2021) and GAAP diluted EPS of $0.19. Operating income rose to $56,317 (up $21,211 or +60.4% vs $35,106), and operating margin improved to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.