Phoenix Education Partners

What Phoenix Education Partners does

Phoenix Education Partners, Inc. is a publicly traded Delaware corporation (NYSE: PXED) and the parent company of University of Phoenix, Inc., an online higher education institution founded in 1976 that targets working adult learners. The company is headquartered in Phoenix, Arizona, employs approximately 4,600 people, and serves an average of roughly 80,000-86,000 degree-seeking students per quarter, with an alumni base exceeding 1.1 million individuals.

The company's core product is the University of Phoenix online learning platform, which delivers 100+ degree and certificate programs aligned to 300+ career pathways. The technology stack centers on an AI-enabled data foundation that supports student analytics, personalized learning experiences, enrollment tracking, and performance monitoring. Supporting products include digital badges (over 1 million issued to date as verified skills credentials), the Career Services for Life offering for ongoing alumni support, and a wholly owned subsidiary Talent Mobility, LLC focused on education-related services. Faculty average 29 years of experience, and the curriculum embeds AI fluency as part of the company's strategic 'great reskilling' focus.

Phoenix Education Partners operates a hybrid B2C/B2B business model. The primary revenue stream is tuition and educational services from individual students (Q2 FY2026 revenue of $222.5 million; FY2025 revenue of $1.007 billion; FY2026 guidance of $1.025-$1.035 billion) delivered through direct online enrollment at phoenix.edu. The secondary B2B revenue stream leverages 2,500+ employer alliances for skills-based solutions spanning hiring, upskilling, reskilling, and retention. Tuition pricing is subscription-based and varies by program, with federal student aid, grants, and military benefits available for eligible students. Adjusted EBITDA guidance for FY2026 is $244-$249 million, implying margins near 24%. The company completed its IPO on October 10, 2025 at a $1.35 billion valuation following an eight-year period of private-equity ownership by Apollo Global Management and Vistria Group, who acquired the institution in 2017.

Name

Phoenix Education Partners

Legal name

Phoenix Education Partners, Inc.

Website

https://phoenixeducationpartners.com/

Company type

Public

Founded year

1976

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Phoenix Education Partners is the publicly traded parent (NYSE: PXED) of University of Phoenix, an online higher education institution founded in 1976 that delivers 100+ degree and certificate programs to approximately 80,000 working adult learners, supported by an AI-enabled platform, 2,500+ employer alliances, and a 1.1 million-strong alumni network.

Ownership category

akta.pro rank

Product category

Online Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Educational Services (8200)

akta.pro primary industry

University/College Continuing Education (Extension) Programs (EDAAAEAA)

Keywords

• Online higher education
• Adult degree programs
• Workforce upskilling
• Career-aligned education
• Employer alliance solutions

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure

Revenue model

1. Tuition and Educational Services: Revenue from tuition and educational services provided to students enrolled in degree and certificate programs. The company reported Q2 2026 revenue of $222.5 million and FY2025 revenue of $1.007 billion.
2. Employer Alliance Services: B2B relationships with 2,500+ employers providing skills-based solutions for hiring, upskilling, reskilling, and retention

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Phoenix Education Partners is the parent company of University of Phoenix, providing online higher education degree programs (associate, bachelor, master, doctoral) and certificate programs designed for working adult learners. The company complements its academic offerings with Career Services for Life, digital badge credentials, and an AI-enabled learning platform supporting personalized, flexible education delivery.

Product overview

Phoenix Education Partners operates as the parent company of University of Phoenix, offering a comprehensive portfolio of educational products and services for working adults. The company provides online degree programs through University of Phoenix (its core product), supported by a robust AI-enabled technology platform. Key offerings include 100+ career-aligned programs across 300+ career pathways, digital badge credentials for skills verification, and ongoing career services (Career Services for Life) for both active students and alumni. The company serves approximately 80,000 average total degreed enrollment students with 1.1M+ alumni, focusing on personalized, career-relevant, and affordable education delivery.

Differentiator

Problem solved

Functional benefit

Brands

• Career Services for Life: Career support services for active students and graduates through their academic and professional journey
• 2026 Career Optimism Index

Products and services

• University of Phoenix Online Degree and Certificate Programs Online higher education institution offering 100+ degree and certificate programs (associate, bachelor, master, doctoral) aligned to 300+ career pathways, designed for working adult learners seeking flexible, career-relevant education.
• Career Services for Life Ongoing career support service available to active students and graduates throughout their academic and professional journey, assisting with job placement, career advancement, and workforce re-entry.
• Employer Alliance Skills Solutions B2B workforce development offering through 2,500+ employer alliances that delivers skills-based solutions for hiring, upskilling, reskilling, and retention, including access to career-aligned academic programs and digitally badged credentials.

Quantifiable outcome

• Student satisfaction above national averages across all 26 measured attributes in Encoura + Ruffalo Noel Levitz PSOL survey
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

One partnership is on record.

• 2,500+ Employer AlliancescoreStrategic or Co-development PartnerThe company partners with employers to provide skills-based solutions addressing talent needs for hiring, upskilling, reskilling, and retention. These partnerships represent a key growth driver and differentiation.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• National University: National University is a private nonprofit university with a large online and hybrid presence serving adult learners and military-affiliated students. Comparable to Phoenix Education Partners in adult-learner focus and online modality, but operates as a single nonprofit institution with a different funding model.
• Western Governors University: WGU is a large nonprofit competency-based online university focused on working adults seeking affordable, career-aligned degrees. Comparable to Phoenix Education Partners in target market and online delivery, but nonprofit status and competency-based model differentiate the cost and credential structure.
• Southern New Hampshire University: SNHU is a large nonprofit online university with one of the largest online enrollments in the U.S., serving adult learners seeking career-aligned degrees. Comparable to Phoenix Education Partners in online delivery and target persona, but operates under a nonprofit model with different tuition dynamics.

Emerging players

• 2U: 2U partners with nonprofit universities to deliver online degree programs and short-form credentials. Comparable to Phoenix Education Partners in online degree delivery and adult learner focus, but operates as a platform/enabler rather than as an institution itself.
• Coursera: Coursera is an online learning platform partnering with universities and companies to offer courses, certificates, and degree programs. Comparable to Phoenix Education Partners in online adult education and employer-aligned credentials, but operates as a multi-institution platform rather than a single degree-granting university.

Direct peers

• Grand Canyon Education: Grand Canyon Education provides online education services for Grand Canyon University, a large for-profit university with significant online enrollment serving career-minded adult learners. Closely comparable business model and target market to Phoenix Education Partners.
• Adtalem Global Education: Adtalem Global Education operates Walden University, Chamberlain University, and Ross University Schools — a portfolio of for-profit higher education institutions serving working adults and healthcare professionals. Directly comparable to Phoenix Education Partners in for-profit higher education strategy and online delivery.
• Strategic Education: Strategic Education owns Strayer University and Capella University (and recently acquired Purdue University Global), making it the closest for-profit online university peer to Phoenix Education Partners. Both companies target working adults with online degree programs and operate employer-aligned B2B channels.
• Perdoceo Education: Perdoceo Education is the parent company of Colorado Technical University and American InterContinental University, both for-profit online universities serving working adults. Closely comparable to Phoenix Education Partners in business model, target market, and online-only delivery.

Others

• Chegg: Chegg is an online education support platform offering textbook rentals, tutoring, and study resources serving college students. Adjacent to Phoenix Education Partners in supporting higher education learners, but operates as a supplemental service rather than a degree-granting institution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/phoenix-education-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phoenix Education Partners