cash flow reconciliationreview2021-12-31
Operating, investing and financing flows differ from the reported change in cash by 288126000, beyond tolerance 26832350.00.
Revenue
$1.70B
Fiscal year ended 2025-12-31Operating income
$431.10M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31LAUREATE EDUCATION, INC. (LAUR) reported revenue of $1.70B and net income of $281.63M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from LAUREATE EDUCATION, INC.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Educational Services.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.70B | $1.57B | $1.48B | $1.24B | $1.09B | $1.02B | $1.21B | $1.14B | $3.33B | $3.30B |
| Cost of revenue | $1.22B | $1.15B | $1.09B | $907.36M | $814.49M | $802.46M | $949.47M | $904.00M | $2.78B | $2.79B |
| Gross profit | $482.18M | $419.76M | $394.51M | $334.91M | $272.21M | $222.46M | $262.60M | $240.57M | $557.75M | $513.17M |
| Operating income | $431.10M | $373.98M | $338.82M | $270.01M | -$4.65M | -$329.30M | $36.02M | -$26.79M | $235.16M | $290.68M |
| Net income | $281.63M | $296.47M | $107.59M | $69.57M | $192.45M | -$613.33M | $938.48M | $370.07M | $91.46M | $371.85M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 148.67M | shares 153.90M | shares 157.88M | shares 168.27M | shares 189.69M | shares 209.71M | shares 221.93M | shares 212.77M | shares 172.41M | shares 134.41M |
| Pretax income | $400.91M | $414.48M | $254.46M | $245.85M | -$137.51M | -$450.84M | -$119.66M | -$120.12M | -$76.77M | $367.09M |
| Income tax expense | $117.31M | $118.98M | $137.60M | $185.39M | $145.57M | -$130.07M | $31.04M | $71.20M | -$92.99M | $34.44M |
| Diluted EPS | $1.89 | $1.92 | $0.68 | $0.41 | $1.01 | $-2.93 | $4.23 | $1.73 | $-1.20 | $2.76 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $51.07M | $45.78M | $52.61M | $64.75M | $204.37M | $199.79M | $226.33M | $267.36M | $315.47M | $222.50M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $146.70M | $91.35M | $89.39M | $85.17M | $324.80M | $750.15M | $61.58M | $77.76M | $319.04M | $295.78M |
| Total assets | $2.21B | $1.86B | $2.13B | $1.97B | $2.21B | $4.97B | $6.50B | $6.77B | $7.39B | $7.06B |
| Current assets | $318.35M | $227.31M | $224.41M | $226.20M | $544.32M | $1.44B | $916.07M | $1.22B | $1.29B | $1.12B |
| Total liabilities | $1.02B | $903.52M | $1.18B | $1.20B | $1.07B | $2.71B | $3.68B | $4.70B | $5.39B | $6.04B |
| Current liabilities | $472.91M | $367.90M | $453.21M | $381.39M | $371.93M | $804.56M | $1.05B | $1.19B | $1.37B | $1.44B |
| Total equity incl. NCI | $1.19B | $957.14M | $947.74M | $774.36M | $1.14B | $2.26B | $2.80B | $2.05B | $1.59B | $664.39M |
| Temporary (mezzanine) equity | $1.40M | $1.40M | $1.40M | $1.40M | $1.71M | $1.72M | $12.30M | $14.40M | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $260.48M | $225.28M | $311.06M | $334.84M |
| Goodwill | $637.30M | $563.40M | $661.48M | $583.49M | $546.80M | $574.83M | $606.48M | $578.52M | $1.83B | $1.79B |
| Long-term debt | $73.12M | $59.03M | $112.24M | $175.93M | $104.59M | $899.90M | $1.10B | $2.59B | $2.97B | $3.63B |
| Accounts payable | $57.13M | $35.34M | $43.24M | $42.84M | $26.87M | $41.07M | $63.43M | $65.36M | $70.14M | $86.70M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $366.19M | $232.73M | $250.78M | $178.23M | -$156.08M | $259.56M | $339.77M | $396.86M | $192.16M | $192.26M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$102.65M | -$57.55M | -$51.92M | $30.35M | $2.04B | $587.40M | $1.12B | $115.49M | -$284.68M | $297.30M |
| Financing cash flow | -$222.46M | -$166.94M | -$201.89M | -$461.57M | -$2.68B | -$272.72M | -$1.67B | -$410.13M | $157.57M | -$445.72M |
| Net change in cash | $54.22M | $957.00K | $3.11M | -$251.79M | -$521.72M | $769.48M | -$27.80M | $1.68M | $57.97M | $43.82M |
| Stock-based compensation | $13.34M | $7.84M | $7.11M | $8.78M | $10.17M | $13.30M | $12.99M | $10.79M | $64.79M | $38.81M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $215.17M | $102.07M | $0 | $282.15M | $380.50M | $99.52M | $264.09M | $0 | $0 | Unavailable |
| Depreciation & amortization | $74.50M | $68.24M | $69.62M | $59.13M | $101.23M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 28.3% | 26.8% | 26.6% | 27.0% | 25.0% | 21.7% | 21.7% | 21.0% | 16.7% | 15.5% |
| Operating margin | 25.3% | 23.9% | 22.8% | 21.7% | -0.4% | -32.1% | 3.0% | -2.3% | 7.1% | 8.8% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.8% | 0.5% | 0.5% | 0.7% | 0.9% | 1.3% | 1.1% | 0.9% | 1.9% | 1.2% |
| Current ratio | 0.67x | 0.62x | 0.50x | 0.59x | 1.46x | 1.79x | 0.88x | 1.02x | 0.94x | 0.77x |
| Revenue YoY growth | 8.6% | 5.5% | 19.5% | 14.3% | 6.0% | -15.4% | 5.9% | -65.7% | 0.9% | Unavailable |
| Net margin | 16.5% | 18.9% | 7.2% | 5.6% | 17.7% | -59.8% | 77.4% | 32.3% | 2.7% | 11.3% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 0.06x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 29.3% | 28.7% | 54.1% | 75.4% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 9.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LAUR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
Reconciliation checks needing review
7 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
cash flow reconciliationreview2020-12-31
Operating, investing and financing flows differ from the reported change in cash by 195787000, beyond tolerance 5874000.00.
cash flow reconciliationreview2019-12-31
Operating, investing and financing flows differ from the reported change in cash by 184578000, beyond tolerance 16739770.00.
cash flow reconciliationreview2018-12-31
Operating, investing and financing flows differ from the reported change in cash by 109546000, beyond tolerance 4101290.00.
cash flow reconciliationreview2017-12-31
Operating, investing and financing flows differ from the reported change in cash by 32983000, beyond tolerance 2846820.00.
balance equationreview2017-12-31
Difference 413997000 exceeds tolerance 7391285.000. Presentation or filing-vintage differences need review.
balance equationreview2016-12-31
Difference 356833000 exceeds tolerance 7062470.000. Presentation or filing-vintage differences need review.