Earnings ·
Reports Q3 net income of $101M and announces $150 million increase in share repurchase authorization
LAURLaureate Education, Inc.
Laureate Education reported third-quarter 2026 revenue of $485.1 million, a 21% increase from the prior year period, driven by enrollment growth and favorable academic calendar timing. Net income rose to $101.2 million compared to $34.4 million in Q3 2025, aided by higher operating income and a discrete tax benefit of $25.4 million. Adjusted EBITDA reached $146.8 million, up from $94.8 million. The company also announced that its board approved an additional $150 million to its existing stock repurchase program, bringing the total available authorization to approximately $225.2 million. Laureate reaffirmed its full-year 2026 guidance for revenue and adjusted EBITDA growth. The company operates five higher education institutions across Mexico and Peru.