v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 161,674 $ 146,703
Restricted cash 5,708 5,372
Receivables:    
Accounts and notes receivable 285,853 244,070
Other receivables 1,952 15,735
Allowance for doubtful accounts (128,271) (125,056)
Receivables, net 159,534 134,749
Income tax receivable 3,928 2,568
Prepaid expenses and other current assets 34,529 28,956
Total current assets 365,373 318,348
Property and equipment:    
Land 161,666 162,595
Buildings 417,203 397,102
Furniture, equipment and software 613,801 596,546
Leasehold improvements 163,615 159,875
Construction in-progress 34,953 26,704
Accumulated depreciation and amortization (744,072) (714,206)
Property and equipment, net 647,166 628,616
Operating lease right-of-use assets, net 466,215 335,626
Goodwill 648,304 637,300
Tradenames, net 168,134 166,195
Deferred costs, net 4,841 4,537
Deferred income taxes 78,056 72,159
Other assets 43,685 41,888
Long-term assets held for sale 1,717 1,681
Total assets 2,423,491 2,206,350
Current liabilities:    
Accounts payable 57,068 57,126
Accrued expenses 83,371 72,669
Accrued compensation and benefits 99,884 112,591
Deferred revenue and student deposits 121,193 80,161
Current portion of operating leases 45,774 55,971
Current portion of long-term debt and finance leases 57,552 54,585
Income taxes payable 15,954 13,225
Other current liabilities 32,681 26,579
Total current liabilities 513,477 472,907
Long-term operating leases, less current portion 466,153 331,792
Long-term debt and finance leases, less current portion 164,513 73,123
Deferred compensation 7,680 7,482
Income taxes payable 74,439 78,979
Deferred income taxes 15,616 15,590
Other long-term liabilities 40,107 37,717
Total liabilities 1,281,985 1,017,590
Redeemable equity 699 1,398
Stockholders' equity:    
Preferred stock, par value $0.001 per share – 50,000 shares authorized and no shares issued and outstanding as of June 30, 2026 and December 31, 2025 0 0
Common stock, par value $0.004 per share – 700,000 shares authorized, 137,749 shares issued and outstanding as of June 30, 2026 and 142,940 shares issued and outstanding as of December 31, 2025 551 572
Additional paid-in capital 1,039,885 1,075,460
Retained earnings 390,505 416,889
Accumulated other comprehensive loss (289,559) (304,984)
Total Laureate Education, Inc. stockholders' equity 1,141,382 1,187,937
Noncontrolling interests (575) (575)
Total stockholders' equity 1,140,807 1,187,362
Total liabilities and stockholders' equity $ 2,423,491 $ 2,206,350