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Side-by-side financial comparison of PERDOCEO EDUCATION Corp (PRDO) and Walker & Dunlop, Inc. (WD). Click either name above to swap in a different company.
Walker & Dunlop, Inc. is the larger business by last-quarter revenue ($340.0M vs $211.6M, roughly 1.6× PERDOCEO EDUCATION Corp). On growth, PERDOCEO EDUCATION Corp posted the faster year-over-year revenue change (20.0% vs -0.4%). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $-680.1M). Over the past eight quarters, Walker & Dunlop, Inc.'s revenue compounded faster (22.1% CAGR vs 12.2%).
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.
Walker & Dunlop, Inc. is one of the largest commercial real estate finance and advisory services firms in the United States and internationally.
PRDO vs WD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $211.6M | $340.0M |
| Net Profit | — | $-13.9M |
| Gross Margin | — | — |
| Operating Margin | 19.8% | -17.2% |
| Net Margin | — | -12.9% |
| Revenue YoY | 20.0% | -0.4% |
| Net Profit YoY | — | -131.0% |
| EPS (diluted) | $0.55 | $-0.41 |
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.
| Q4 25 | $211.6M | $340.0M | ||
| Q3 25 | $211.9M | $337.7M | ||
| Q2 25 | $209.6M | $319.2M | ||
| Q1 25 | $213.0M | $237.4M | ||
| Q4 24 | $176.4M | $341.5M | ||
| Q3 24 | $169.8M | $292.3M | ||
| Q2 24 | $166.7M | $270.7M | ||
| Q1 24 | $168.3M | $228.1M |
| Q4 25 | — | $-13.9M | ||
| Q3 25 | $39.9M | $33.5M | ||
| Q2 25 | $41.0M | $34.0M | ||
| Q1 25 | $43.7M | $2.8M | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | $38.3M | $28.8M | ||
| Q2 24 | $38.4M | $22.7M | ||
| Q1 24 | $39.4M | $11.9M |
| Q4 25 | 19.8% | -17.2% | ||
| Q3 25 | 24.1% | 13.6% | ||
| Q2 25 | 24.5% | 14.5% | ||
| Q1 25 | 24.3% | 2.2% | ||
| Q4 24 | 21.1% | 15.3% | ||
| Q3 24 | 26.4% | 12.8% | ||
| Q2 24 | 27.6% | 10.4% | ||
| Q1 24 | 27.5% | 6.0% |
| Q4 25 | — | -12.9% | ||
| Q3 25 | 18.8% | 9.9% | ||
| Q2 25 | 19.6% | 10.6% | ||
| Q1 25 | 20.5% | 1.2% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | 22.5% | 9.9% | ||
| Q2 24 | 23.0% | 8.4% | ||
| Q1 24 | 23.4% | 5.2% |
| Q4 25 | $0.55 | $-0.41 | ||
| Q3 25 | $0.60 | $0.98 | ||
| Q2 25 | $0.62 | $0.99 | ||
| Q1 25 | $0.65 | $0.08 | ||
| Q4 24 | $0.46 | $1.32 | ||
| Q3 24 | $0.57 | $0.85 | ||
| Q2 24 | $0.57 | $0.67 | ||
| Q1 24 | $0.59 | $0.35 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.0M | $299.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $972.4M | $1.7B |
| Total Assets | $1.2B | $5.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.0M | $299.3M | ||
| Q3 25 | $159.5M | $274.8M | ||
| Q2 25 | $172.1M | $233.7M | ||
| Q1 25 | $132.1M | $181.0M | ||
| Q4 24 | $109.1M | $279.3M | ||
| Q3 24 | $238.0M | $179.8M | ||
| Q2 24 | $127.9M | $208.1M | ||
| Q1 24 | $125.8M | $216.5M |
| Q4 25 | $972.4M | $1.7B | ||
| Q3 25 | $997.9M | $1.8B | ||
| Q2 25 | $984.6M | $1.8B | ||
| Q1 25 | $970.3M | $1.7B | ||
| Q4 24 | $959.5M | $1.7B | ||
| Q3 24 | $935.4M | $1.7B | ||
| Q2 24 | $899.5M | $1.7B | ||
| Q1 24 | $866.1M | $1.7B |
| Q4 25 | $1.2B | $5.1B | ||
| Q3 25 | $1.3B | $5.8B | ||
| Q2 25 | $1.3B | $4.7B | ||
| Q1 25 | $1.3B | $4.5B | ||
| Q4 24 | $1.2B | $4.4B | ||
| Q3 24 | $1.1B | $4.6B | ||
| Q2 24 | $1.1B | $4.2B | ||
| Q1 24 | $1.1B | $3.8B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.1M | $-664.3M |
| Free Cash FlowOCF − Capex | $37.9M | $-680.1M |
| FCF MarginFCF / Revenue | 17.9% | -200.0% |
| Capex IntensityCapex / Revenue | 1.1% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $216.7M | $-2.2B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.1M | $-664.3M | ||
| Q3 25 | $41.2M | $-948.1M | ||
| Q2 25 | $78.8M | $-238.5M | ||
| Q1 25 | $65.1M | $-281.1M | ||
| Q4 24 | $17.6M | $129.4M | ||
| Q3 24 | $51.0M | $-202.0M | ||
| Q2 24 | $38.5M | $-237.8M | ||
| Q1 24 | $54.5M | $38.4M |
| Q4 25 | $37.9M | $-680.1M | ||
| Q3 25 | $39.4M | $-950.4M | ||
| Q2 25 | $76.0M | $-241.0M | ||
| Q1 25 | $63.4M | $-284.7M | ||
| Q4 24 | $16.0M | $116.4M | ||
| Q3 24 | $50.0M | $-204.0M | ||
| Q2 24 | $37.7M | $-241.7M | ||
| Q1 24 | $53.3M | $35.2M |
| Q4 25 | 17.9% | -200.0% | ||
| Q3 25 | 18.6% | -281.5% | ||
| Q2 25 | 36.3% | -75.5% | ||
| Q1 25 | 29.8% | -120.0% | ||
| Q4 24 | 9.1% | 34.1% | ||
| Q3 24 | 29.4% | -69.8% | ||
| Q2 24 | 22.6% | -89.3% | ||
| Q1 24 | 31.7% | 15.4% |
| Q4 25 | 1.1% | 4.6% | ||
| Q3 25 | 0.9% | 0.7% | ||
| Q2 25 | 1.3% | 0.8% | ||
| Q1 25 | 0.8% | 1.5% | ||
| Q4 24 | 0.9% | 3.8% | ||
| Q3 24 | 0.6% | 0.7% | ||
| Q2 24 | 0.5% | 1.4% | ||
| Q1 24 | 0.7% | 1.4% |
| Q4 25 | — | — | ||
| Q3 25 | 1.03× | -28.34× | ||
| Q2 25 | 1.92× | -7.02× | ||
| Q1 25 | 1.49× | -102.07× | ||
| Q4 24 | — | 2.89× | ||
| Q3 24 | 1.33× | -7.01× | ||
| Q2 24 | 1.00× | -10.49× | ||
| Q1 24 | 1.38× | 3.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PRDO
| CTU | $107.0M | 51% |
| AIUS | $60.8M | 29% |
| University Of St Augustine For Health Sciences Llc | $43.7M | 21% |
| Other | $1.1M | 1% |
WD
Segment breakdown not available.
