What Perdoceo Education does

Perdoceo Education Corporation (NASDAQ:PRDO) is a publicly traded, for-profit postsecondary education company headquartered in Schaumburg, Illinois, that operates a diversified portfolio of accredited institutions delivering degree and certificate programs in technology, business, healthcare, and creative disciplines through online, campus-based, and hybrid formats. The institutional portfolio includes Colorado Technical University, American InterContinental University, Trident University International, California Southern University, DigitalCrafts, Coding Dojo, and Hippo Education, with the University of St. Augustine for Health Sciences (USAHS) added in December 2024 via a $144 million acquisition. As of December 31, 2025, the company served approximately 44,400 students and reported full-year 2025 revenue of $846.1 million, up 24.2% year-over-year, and operating income of $196.0 million, up 12.5%.

The company's core technology is a set of online learning management and digital delivery platforms that support fully online, hybrid, and on-campus instruction; no proprietary AI/ML systems are disclosed in the available data. Distribution is multi-channel and primarily self-serve to individual consumer-students through each brand's institutional website (coloradotech.edu, aiuniv.edu, trident.edu, calsouthern.edu, digitalcrafts.com, codingdojo.com, hippoed.com, plus USAHS), supported by standard higher-education marketing and direct enrollment workflows.

Revenue is generated predominantly through tuition and educational services fees paid by individual students, classified in the data as subscription/recurring in nature. The customer base is highly fragmented (44,400 individual students across eight brands) with no disclosed enterprise customers, resulting in low customer concentration but material exposure to enrollment trends, accreditation outcomes, and Title IV regulatory dynamics typical of the U.S. for-profit education sector. The asset-light model has produced a $631.9 million net cash position and a $2.1 billion market capitalization, with capital return executed via a new $100 million share repurchase program announced in March 2026.

Name

Perdoceo Education

Legal name

Perdoceo Education Corporation

Website

https://perdoceoed.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Perdoceo Education Corporation is a publicly traded for-profit postsecondary education company that delivers online, campus, and hybrid degree and certificate programs in technology, business, healthcare, and creative disciplines through a portfolio of eight accredited institutional brands, serving approximately 44,400 students.

Ownership category

akta.pro rank

Product category

Postsecondary Education Services

NAICS

Colleges, Universities, and Professional Schools (6113), Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Cooperative Education (Co-op) Technical Universities (EDAHAEAF)

akta.pro secondary industry

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

Keywords

• Postsecondary education services
• Online degree programs
• Career-focused education
• Coding bootcamp training
• Health sciences education

Headquarters

HQ city

Schaumburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Tuition and Educational Services: Perdoceo Education generates revenue primarily through tuition and educational services fees from its postsecondary institutions, including Colorado Technical University, American InterContinental University System, University of St. Augustine for Health Sciences, and other branded education platforms.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Perdoceo Education is a for-profit postsecondary education company that operates a portfolio of accredited institutions (Colorado Technical University, American InterContinental University, Trident University International, California Southern University, DigitalCrafts, Coding Dojo, Hippo Education, and University of St. Augustine for Health Sciences) delivering associate's, bachelor's, master's, and doctoral degree programs plus coding bootcamps and continuing education in business, technology, healthcare, and professional disciplines. Programs are offered through online, campus-based, and hybrid formats and are paid for primarily via tuition. As of December 31, 2025 the company served approximately 44,400 students and generated $846.1 million in FY2025 revenue.

Product overview

Perdoceo Education is a for-profit education company operating a portfolio of postsecondary educational institutions across online, campus-based, and hybrid formats. The company provides career-oriented education through multiple brands including Colorado Technical University, American InterContinental University, Trident University International, California Southern University, DigitalCrafts, Coding Dojo, Hippo Education, and the University of St. Augustine for Health Sciences (acquired December 2024). These institutions offer associate's, bachelor's, master's, and doctoral degree programs across various disciplines including business, technology, healthcare, and legal studies.

Differentiator

Problem solved

Functional benefit

Products and services

• Colorado Technical University (CTU) Postsecondary educational institution offering online and campus-based degree programs; part of the Perdoceo portfolio and noted for achieving nine consecutive quarters of enrollment growth.
• American InterContinental University (AIU) Postsecondary educational institution offering online, campus-based, and hybrid programs focused on career-oriented education in business, technology, and professional fields.
• Trident University International Online postsecondary university offering degree programs focused on career advancement and professional development for adult learners.
• California Southern University Online postsecondary university providing degree programs and professional development opportunities, including offerings in psychology and counseling.
• DigitalCrafts Technology education provider offering coding bootcamp and full-stack software development training programs.
• Coding Dojo Coding bootcamp provider offering full-stack software development and data science training programs.
• Hippo Education Medical and healthcare education platform offering exam prep and continuing education resources for practicing healthcare professionals.
• University of St. Augustine for Health Sciences (USAHS) Health sciences university with campuses in California, Florida, and Texas, offering accredited graduate health science programs including physical therapy, occupational therapy, and other healthcare professional degrees.

Quantifiable outcome

• 24.2% revenue growth in FY 2025
• +3 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• University of St. Augustine for Health SciencescoreStrategic or Co-development Partner · 1 December 2024Perdoceo Education acquired University of St. Augustine for Health Sciences (USAPC) for approximately $142-$144 million, with the transaction completed in December 2024. The acquisition diversifies Perdoceo's offerings and capitalizes on growing demand for health science professionals. USAPC operates campuses in California, Florida, and Texas and offers health sciences programs including physical therapy, occupational therapy, and other healthcare professional degrees.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Universal Technical Institute: Universal Technical Institute (NYSE: UTI) is a for-profit education provider focused on skilled trades, transportation, and technical training. While more narrowly focused on technical/vocational training, it shares Perdoceo's career-oriented for-profit education model and serves a similar working adult learner base through programs like DigitalCrafts.
• Strategic Education Inc: Strategic Education (NASDAQ: STRA) operates Strayer University and Capella University, two of the most direct for-profit postsecondary education peers to Perdoceo's CTU and AIU brands. Both companies target working adult learners through online and hybrid degree programs with similar tuition and federal-aid-dependent revenue models.
• Adtalem Global Education: Adtalem (NYSE: ATGE) operates Chamberlain University, Ross University School of Medicine, and American University of the Caribbean, focusing on healthcare and professional education. Its Chamberlain nursing and health sciences programs make it a direct peer to Perdoceo, especially after the USAHS acquisition expanded Perdoceo into health sciences.
• Grand Canyon Education: Grand Canyon Education (NASDAQ: LOPE) provides services to Grand Canyon University, a large for-profit university offering online and ground degree programs. It is a close comparable in scale, online postsecondary focus, and degree-program business model serving similar student demographics to Perdoceo's brands.

Others

• Chegg Inc: Chegg (NYSE: CHGG) provides direct-to-student learning support, textbook rentals, and skill-building services. While not a direct degree competitor, Chegg represents an alternative path to learning outcomes for the same student demographic Perdoceo targets, making it a thematic competitor in the education services ecosystem.

Broad incumbents

• Stride Inc: Stride Inc (NYSE: LRN), formerly K12 Inc, is a broader online education provider primarily serving K-12 students, but it competes in the online learning space and shares the technology-enabled education delivery model. As a larger education incumbent, it provides a read on online learning penetration and operating leverage in education.

Emerging players

• Western Governors University: Western Governors University is a nonprofit, accredited online university serving working adult learners with competency-based degree programs at flat-rate tuition. It competes head-to-head with Perdoceo's CTU and AIU in online adult education and represents the disruptive nonprofit model pressuring for-profit incumbents.
• 2U Inc: 2U is an online education platform that partners with nonprofit universities to offer degree programs (e.g., USC Rossier, George Washington University). After financial restructuring, it represents a thinner competitor but remains a relevant comparable for understanding online degree program economics and partnerships.
• Udemy Inc: Udemy (NASDAQ: UDMY) operates a global online learning marketplace with a focus on professional and technology skill development. Its lower-cost, shorter-format courses compete with Perdoceo's Coding Dojo and DigitalCrafts bootcamps for adult learners seeking career-oriented technology training outside traditional degree programs.
• Coursera Inc: Coursera (NYSE: COUR) partners with universities to offer online certificates, MicroMasters, and degree programs. While Coursera is a platform rather than a direct degree-granting institution, it is increasingly competitive with Perdoceo's online programs in technology and business credentials, especially with employer and consumer acceptance of alternative credentials.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A3 records

Investments

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

Frequently asked questions about Perdoceo Education