Phoenix Education Partners, Inc. · NYSE:PXED

Phoenix Education Partners — Q2 2026 Earnings Presentation

10 slides from Phoenix Education Partners's earnings presentation, Apr 7, 2026

  1. Slide 1: Second Quarter 2026 Earnings

    Second Quarter 2026 Earnings April 7, 2026

  2. Slide 2: Forward-Looking Statements

    . Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Additionally, we may make forward-looking statements in our other documents filed or furnished wi

  3. Slide 3: We Are a Mission-Driven Organization

    We Are a Mission-Driven Organization Phoenix Education Partners, Inc., NYSE: PXED, through its subsidiary, The University of Phoenix, Inc., is a pioneer in online education for working adults University of Phoenix provides access to higher education opportunities that enable students to develop the

  4. Slide 4: Q2 FY2026 Performance

    . Q2 FY2026 Performance Average Total Degreed Enrollment (1) 82,600 Enrollment growth resulted from improved student retention. Enrollment through employer relationships represented approximately 35% of Q2 2026 Average Total % Change YoY +1.8% Degreed Enrollment, +400 bps over prior year period Net

  5. Slide 5: Q2 FY2026 Performance

    Q2 FY2026 Performance Q2 Average Total Degreed Enrollment Increased to 82,600, driven by strong retention Avg. Total Degreed Enrollment (1) Net Revenue Adjusted EBITDA (2) Enrollments, thousands $MM $MM -0.4% $223.4 $222.5 + 1 .8 % 82.6 81.1 + 7 .8 % $34.8 $32.3 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 20

  6. Slide 6: FY 2026 Guidance

    . FY 2026 Guidance Fiscal 2026 Net Revenue and Adjusted EBITDA Outlook Reiterated Net Revenue $1,025 million - $1,035 million Adjusted EBITDA $244 million - $249 million Note: Outlook reflects management expectations as of April 7, 2026. For more information on Adjusted EBITDA and other non-GAAP mea

  7. Slide 7: Appendix

    Non-GAAP Financial Measures Disclosure Appendix

  8. Slide 8: Use of Non-GAAP Financial Information

    . Use of Non-GAAP Financial Information The Company’s non-GAAP financial measures are intended to supplement, but not be a substitute for, financial measures prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Management uses, and chooses to

  9. Slide 9: Reconciliation of GAAP Financial Information to Non-GAAP Financial Information (1/2)

    . Reconciliation of GAAP Financial Information to Non-GAAP Financial Information* (1/2) * For a more detailed description of our Reconciliation of GAAP Financial Information to Non-GAAP Financial Information, please refer to our most 9 recent quarterly report filed on Form 10-Q.

  10. Slide 10: Reconciliation of GAAP Financial Information to Non-GAAP Financial Information (2/2)

    . Reconciliation of GAAP Financial Information to Non-GAAP Financial Information* (2/2) * For a more detailed description of our Reconciliation of GAAP Financial Information to Non-GAAP Financial Information, please refer to our most recent quarterly report filed on Form 10-Q. 10

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