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Adtalem Global Education
Adtalem Global Education (ATGE) investor relations material
Adtalem Global Education Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary28 Jan, 2026
Executive summary
Achieved tenth consecutive quarter of enrollment growth, with total enrollment up 6.3% to 97,010 students and revenue up 12.4% to $503.4 million, driven by strong operational execution and academic outcomes.
Adjusted EPS rose 34.3% year-over-year to $2.43, and adjusted net income grew 26.7% to $87.9 million.
Adjusted EBITDA increased 23.9% to $154.9 million, with margin expanding to 30.8%.
1,727,565 shares were repurchased at an average price of $95.45 per share in Q2 FY2026, with $165 million deployed and $728 million remaining on current authorization.
Maintained a robust position as a leading healthcare educator, with 90% of enrollment in healthcare-focused programs.
Financial highlights
Revenue increased 12.4% year-over-year to $503.4 million, with all segments contributing.
Adjusted EBITDA margin improved to 30.8% (up 290 basis points year-over-year).
Adjusted operating income was $126.1 million, up 24.3% year-over-year.
Free cash flow for the trailing twelve months was $368 million.
Net income was $76.4 million, with diluted EPS of $2.11, up 6.6% year-over-year.
Outlook and guidance
Full-year revenue guidance maintained at $1.9–$1.94 billion, or 6%-8.5% growth year-over-year.
Adjusted EPS guidance raised to $7.80–$8.00, or 17%-20% growth.
Expect continued margin expansion and strong cash flow, with quarter-to-quarter margin fluctuations anticipated due to investment timing and academic calendar shifts.
Walden's underlying Q2 revenue growth ex-shift?
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Capital allocation strategy given 0.9x net leverage?
Chamberlain's application momentum: how to sustain?
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Walden's sustained growth: competitive drivers?
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Next Adtalem Global Education earnings date
Investor Day 202624 Feb, 2026
Adtalem Global Education
Next Adtalem Global Education earnings date
Investor Day 202624 Feb, 2026
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Frequently asked questions
As a provider of workforce solutions, Adtalem Global Education Inc. aims to maximize the value of tuition dollars through innovative programs and expertise in credential management that help universities achieve their goals as an organization and improve bottom line results. The company can help with customized solutions for employee training, customer loyalty, new customer acquisition and overall customer engagement. The company operates through three segments: Medical and Healthcare, Professional Education, and Technology and Business.
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