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Side-by-side financial comparison of Offerpad Solutions Inc. (OPAD) and PERDOCEO EDUCATION Corp (PRDO). Click either name above to swap in a different company.

PERDOCEO EDUCATION Corp is the larger business by last-quarter revenue ($211.6M vs $114.1M, roughly 1.9× Offerpad Solutions Inc.). On growth, PERDOCEO EDUCATION Corp posted the faster year-over-year revenue change (20.0% vs -34.5%). Offerpad Solutions Inc. produced more free cash flow last quarter ($65.7M vs $37.9M). Over the past eight quarters, PERDOCEO EDUCATION Corp's revenue compounded faster (12.2% CAGR vs -36.8%).

Offerpad Solutions Inc is a prominent U.S. proptech firm focused on simplifying residential real estate transactions. Operating under the iBuyer model, it purchases homes directly from sellers, conducts required renovations, and resells properties to buyers. It also provides supporting services including mortgage assistance, title services, and flexible moving options for clients across dozens of U.S. states.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

OPAD vs PRDO — Head-to-Head

Bigger by revenue
PRDO
PRDO
1.9× larger
PRDO
$211.6M
$114.1M
OPAD
Growing faster (revenue YoY)
PRDO
PRDO
+54.5% gap
PRDO
20.0%
-34.5%
OPAD
More free cash flow
OPAD
OPAD
$27.9M more FCF
OPAD
$65.7M
$37.9M
PRDO
Faster 2-yr revenue CAGR
PRDO
PRDO
Annualised
PRDO
12.2%
-36.8%
OPAD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPAD
OPAD
PRDO
PRDO
Revenue
$114.1M
$211.6M
Net Profit
Gross Margin
7.0%
Operating Margin
19.8%
Net Margin
Revenue YoY
-34.5%
20.0%
Net Profit YoY
49.1%
EPS (diluted)
$0.55

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPAD
OPAD
PRDO
PRDO
Q4 25
$114.1M
$211.6M
Q3 25
$132.7M
$211.9M
Q2 25
$160.3M
$209.6M
Q1 25
$160.7M
$213.0M
Q4 24
$174.3M
$176.4M
Q3 24
$208.1M
$169.8M
Q2 24
$251.1M
$166.7M
Q1 24
$285.4M
$168.3M
Net Profit
OPAD
OPAD
PRDO
PRDO
Q4 25
Q3 25
$-11.6M
$39.9M
Q2 25
$-10.9M
$41.0M
Q1 25
$-15.1M
$43.7M
Q4 24
$-17.3M
Q3 24
$-13.5M
$38.3M
Q2 24
$-13.8M
$38.4M
Q1 24
$-17.5M
$39.4M
Gross Margin
OPAD
OPAD
PRDO
PRDO
Q4 25
7.0%
Q3 25
7.0%
Q2 25
8.9%
Q1 25
6.5%
Q4 24
6.1%
Q3 24
8.2%
Q2 24
8.7%
Q1 24
7.9%
Operating Margin
OPAD
OPAD
PRDO
PRDO
Q4 25
19.8%
Q3 25
-5.1%
24.1%
Q2 25
-4.9%
24.5%
Q1 25
-7.2%
24.3%
Q4 24
-7.8%
21.1%
Q3 24
-4.3%
26.4%
Q2 24
-3.9%
27.6%
Q1 24
-4.8%
27.5%
Net Margin
OPAD
OPAD
PRDO
PRDO
Q4 25
Q3 25
-8.7%
18.8%
Q2 25
-6.8%
19.6%
Q1 25
-9.4%
20.5%
Q4 24
-9.9%
Q3 24
-6.5%
22.5%
Q2 24
-5.5%
23.0%
Q1 24
-6.1%
23.4%
EPS (diluted)
OPAD
OPAD
PRDO
PRDO
Q4 25
$0.55
Q3 25
$-0.37
$0.60
Q2 25
$-0.39
$0.62
Q1 25
$-0.55
$0.65
Q4 24
$-0.64
$0.46
Q3 24
$-0.49
$0.57
Q2 24
$-0.50
$0.57
Q1 24
$-0.64
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPAD
OPAD
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$26.5M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.2M
$972.4M
Total Assets
$154.8M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPAD
OPAD
PRDO
PRDO
Q4 25
$26.5M
$111.0M
Q3 25
$31.0M
$159.5M
Q2 25
$22.6M
$172.1M
Q1 25
$30.8M
$132.1M
Q4 24
$43.0M
$109.1M
Q3 24
$48.5M
$238.0M
Q2 24
$56.9M
$127.9M
Q1 24
$68.5M
$125.8M
Stockholders' Equity
OPAD
OPAD
PRDO
PRDO
Q4 25
$38.2M
$972.4M
Q3 25
$39.9M
$997.9M
Q2 25
$24.5M
$984.6M
Q1 25
$34.2M
$970.3M
Q4 24
$47.7M
$959.5M
Q3 24
$64.7M
$935.4M
Q2 24
$77.6M
$899.5M
Q1 24
$88.1M
$866.1M
Total Assets
OPAD
OPAD
PRDO
PRDO
Q4 25
$154.8M
$1.2B
Q3 25
$223.5M
$1.3B
Q2 25
$268.0M
$1.3B
Q1 25
$274.5M
$1.3B
Q4 24
$313.1M
$1.2B
Q3 24
$338.5M
$1.1B
Q2 24
$406.6M
$1.1B
Q1 24
$369.7M
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPAD
OPAD
PRDO
PRDO
Operating Cash FlowLast quarter
$66.8M
$40.1M
Free Cash FlowOCF − Capex
$65.7M
$37.9M
FCF MarginFCF / Revenue
57.6%
17.9%
Capex IntensityCapex / Revenue
0.9%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPAD
OPAD
PRDO
PRDO
Q4 25
$66.8M
$40.1M
Q3 25
$40.0M
$41.2M
Q2 25
$-13.5M
$78.8M
Q1 25
$-10.2M
$65.1M
Q4 24
$20.8M
$17.6M
Q3 24
$39.6M
$51.0M
Q2 24
$-54.4M
$38.5M
Q1 24
$2.4M
$54.5M
Free Cash Flow
OPAD
OPAD
PRDO
PRDO
Q4 25
$65.7M
$37.9M
Q3 25
$39.4M
Q2 25
$-13.6M
$76.0M
Q1 25
$-11.2M
$63.4M
Q4 24
$15.4M
$16.0M
Q3 24
$38.7M
$50.0M
Q2 24
$-54.4M
$37.7M
Q1 24
$2.0M
$53.3M
FCF Margin
OPAD
OPAD
PRDO
PRDO
Q4 25
57.6%
17.9%
Q3 25
18.6%
Q2 25
-8.5%
36.3%
Q1 25
-7.0%
29.8%
Q4 24
8.9%
9.1%
Q3 24
18.6%
29.4%
Q2 24
-21.7%
22.6%
Q1 24
0.7%
31.7%
Capex Intensity
OPAD
OPAD
PRDO
PRDO
Q4 25
0.9%
1.1%
Q3 25
0.0%
0.9%
Q2 25
0.1%
1.3%
Q1 25
0.6%
0.8%
Q4 24
3.1%
0.9%
Q3 24
0.4%
0.6%
Q2 24
0.0%
0.5%
Q1 24
0.1%
0.7%
Cash Conversion
OPAD
OPAD
PRDO
PRDO
Q4 25
Q3 25
1.03×
Q2 25
1.92×
Q1 25
1.49×
Q4 24
Q3 24
1.33×
Q2 24
1.00×
Q1 24
1.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPAD
OPAD

Segment breakdown not available.

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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