Earnings Releases·Oct 29, 2026, 7:14 AM ET

Laureate Education — Third Quarter 2026 Earnings Summary

Q3 2026 revenue grew 21% to $485.1 million and net income surged 194% to $101.2 million, while nine-month net income rose 93% to $216.7 million, driven by operating income growth and a $25.4 million discrete tax benefit.
The company reaffirmed its full-year 2026 outlook, projecting total enrollments of 518,000–523,000, revenue of $1,920–$1,930 million, and Adjusted EBITDA of $593–$599 million, with timing impacts from academic calendars expected to offset in Q4.
The Board approved a $150 million increase to the share repurchase program, bringing total authorization capacity to approximately $225.2 million, following $256 million in buybacks during the first nine months of 2026.
Segment performance was robust with Mexico revenue up 32% in Q3 and Peru revenue up 11%, supported by a 9% increase in new enrollments over nine months, the launch of a new campus in Puebla, and expanded online capabilities in Peru.