Laureate Education, Inc. (NASDAQ: LAUR) has reported its financial results for the fourth quarter and the year ended December 31, 2025, along with its outlook for 2026. The company, which operates higher education institutions across Mexico and Peru, announced a $150 million increase in its share repurchase authorization.
For the fourth quarter of 2025, the company reported a 28% increase in revenue to $541.4 million compared to the same period in 2024. Operating income for the quarter was $179.5 million, up from $124.2 million in the fourth quarter of 2024. Net income for the quarter stood at $171.5 million, compared to $93.6 million in the same period the previous year. Adjusted EBITDA also saw an increase, reaching $204.3 million in the fourth quarter of 2025 compared to $141.1 million in the fourth quarter of 2024.
Looking at the full-year 2025, the company reported a 9% increase in revenue to $1,701.9 million, with operating income at $431.1 million, up from $374.0 million in 2024. However, net income for the full year decreased to $283.8 million from $296.4 million in 2024. Adjusted EBITDA for the full year 2025 was $518.9 million, compared to $450.1 million in 2024.
The company also provided an outlook for fiscal 2026, expecting total enrollments to be in the range of 516,000 to 521,000 students, reflecting growth of 4%-5% versus 2025. Revenues are expected to be in the range of $1,890 million to $1,905 million, reflecting growth of 11%-12% on an as-reported basis and growth of 6%-7% on an organic constant currency basis versus 2025. Adjusted EBITDA is expected to be in the range of $583 million to $593 million, reflecting growth of 12%-14% on an as-reported basis and 7%-9% on an organic constant currency basis versus 2025. Adjusted earnings per share (adjusted EPS) is expected to be in the range of $1.95 * $2.03 per share, reflecting growth of 13%-18% on an as-reported basis.
The company also announced a $150 million increase to its existing stock repurchase program, bringing it to $400 million. As of December 31, 2025, the company had approximately $31 million of share repurchase authorization remaining on its previously announced stock repurchase program.
Today the company's shares have moved -2.34% to a price of $34.59. If you want to know more, read the company's complete 8-K report here.
