Laureate Education Inc 2026年季度报告

FORM 10-Q ☒Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the quarterly period ended March31, 2026 OR ☐Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934For the transition period from __________ to __________. Commission File Number: 001-38002 Laureate Education, Inc. (Exact name of registrant as specified in its charter) PMB 1158, 1000 Brickell Avenue, Suite 715,Miami,Florida33131(Address of principal executive offices)(Zip Code) Registrant’s telephone number, including area code: (786) 209-3368Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smallerreporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.Large accelerated filerAccelerated filer☐Non-accelerated filer☐ Smaller reporting company☐Emerging Growth Company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date. Outstanding at March 31, 2026 139,978,289 INDEX PART I. - FINANCIAL INFORMATIONPage No.Item 1.Financial Statements (Unaudited)Consolidated Statements of Operations - Three months ended March31, 2026 and March31, 20252Consolidated Statements of Comprehensive Income - Three months ended March31, 2026 and March31, 20253Consolidated Balance Sheets - March31, 2026 and December31, 20254Consolidated Statements of Cash Flows - Three months ended March31, 2026 and March31, 20256Notes to Consolidated Financial Statements7Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations17Item 3.Quantitative and Qualitative Disclosures About Market Risk31Item 4.Controls and Procedures31PART II. - OTHER INFORMATIONItem 1.Legal Proceedings32Item 1A.Risk Factors32Item 2.Unregistered Sales of Equity Securities and Use of Proceeds32Item 5.Other Information32Item 6.Exhibits33SIGNATURES34 Laureate Education, Inc. and SubsidiariesNotes to Consolidated Financial Statements(Dollars and shares in thousands) Note 1. Description of Business Laureate Education, Inc. and subsidiaries (hereinafter Laureate, we, us, our, or the Company) provide higher education programs andservices to students through a portfolio of degree-granting higher education institutions in Mexico and Peru. Laureate's programs areprovided through institutions that are campus-based and through electronically distributed educational programs (online). We aredomiciled in Delaware as a public benefit corporation, a demonstration of our long-term commitment to our mission to benefit ourstudents and society. The Company completed its initial public offering (IPO) on February 6, 2017, and its shares are listed on theNasdaq Global Select Market under the symbol “LAUR.” The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with accounting principlesgenerally accepted in the United States (GAAP) for interim financial information and with the instructions to Form 10-Q. Accordingly,they do not include all of the information and footnotes required by GAAP for complete financial statements. In our opinion, thesefinancial statements include all adjustments considered necessary to present a fair statement of our consolidated results of operations,financial position and cash flows. Operating results for any interim period are not necessarily indicative of the results that may beexpected for the full year. These unaudited Consolidated Financial Statements should be read in conjunction with Laureate's auditedConsolidated Financial Statements included in our Annual Report on Form 10-K for the fiscal year ended December31, 2025 (the2025 Form