Adtalem Global Education Inc. (ATGE) — Financial statements
Income statement, balance sheet, and cash flow for Adtalem Global Education Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,788↑12.9% | 1,585↑9.2% | 1,451↑5.0% | 1,382↑53.7% | 899 | |
| Cost of Revenue | 771↑10.4% | 699↑7.7% | 648↓1.7% | 660↑44.1% | 458 | |
| Gross Profit | 1,017↑14.8% | 886↑10.4% | 802↑11.1% | 722↑63.6% | 441 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 424↑9.6% | 387↑8.4% | 357↓5.1% | 376↑71.0% | 220 | |
| Selling & Marketing Expenses | 247↑8.6% | 228↑3.9% | 219↑15.0% | 191↑162.3% | 73 | |
| SG&A Expenses | 671↑9.2% | 614↑6.7% | 576↑1.7% | 566↑93.7% | 292 | |
| Other Expenses | 4↓92.3% | 55↓6.1% | 58↓26.2% | 79↑104.9% | 38 | |
| Operating Expenses | 675↑0.9% | 669↑5.5% | 634↓1.7% | 645↑95.0% | 331 | |
| Total Costs & Expenses | 1,447↑5.8% | 1,368↑6.6% | 1,283↓1.7% | 1,305↑65.4% | 789 | |
| Operating Results | ||||||
| Operating Income | 342↑57.4% | 217↑29.1% | 168↑119.1% | 77↓30.5% | 110 | |
| Depreciation & Amortization | 52↓31.1% | 75↓26.6% | 103↓27.7% | 142↑318.6% | 34 | |
| EBITDA | 398↑14.6% | 347↑5.5% | 329↑10.6% | 297↑62.7% | 183 | |
| EBIT | 346↑27.3% | 272↑20.0% | 226↑45.5% | 156↑4.5% | 149 | |
| Interest & Other Income | ||||||
| Net Interest Income | -44↑30.7% | -64↓21.2% | -53↑58.0% | -125↓222.6% | -39 | |
| Interest Income | 8 | 0.00↓100.0% | 11↑178.9% | 4↓6.7% | 4 | |
| Interest Expense | 52↓17.8% | 64↑0.8% | 63↓51.2% | 129↑201.9% | 43 | |
| Non-Operating Income | -4↑92.3% | -55↑6.1% | -58↑26.2% | -79↓104.9% | -38 | |
| Other Income / Expenses | -43↑19.0% | -53↑5.4% | -56↑56.2% | -128↓270.3% | -35 | |
| Income Before Tax | 299↑82.1% | 164↑46.3% | 112↑317.6% | -51↓168.0% | 76 | |
| Income Tax Expense | 66↑151.1% | 26↑155.0% | 10↑166.2% | -16↓226.1% | 12 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 233↑69.0% | 138↑35.3% | 102↑383.0% | -36↓156.7% | 63 | |
| Net Income from Discontinued Operations | 4↑568.8% | -0.94↑88.8% | -8↓102.4% | 347↑5173.5% | 7 | |
| Net Income | 237↑73.3% | 137↑46.5% | 93↓70.0% | 311↑344.1% | 70 | |
| Bottom-Line Net Income | 233↑69.0% | 138↑35.3% | 102↑383.0% | -36↓156.7% | 63 | |
| EPS (Basic) | 6.27↑80.7% | 3.47↑66.8% | 2.08↑161.9% | -3.36↓324.0% | 1.50 | |
| EPS (Diluted) | 6.07↑79.1% | 3.39↑65.4% | 2.05↑161.0% | -3.36↓325.5% | 1.49 | |
| Weighted Average Shares | 37↓5.9% | 39↓12.0% | 45↓7.5% | 48↓5.7% | 51 | |
| Weighted Average Diluted Shares | 38↓4.9% | 40↓11.6% | 46↓5.8% | 48↓6.3% | 52 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.