Aspen Group Reports Q1 Revenue of $11.4 Million and Net Income of $0.4 Million

Aspen Group Inc. reported revenue of $11.4 million for the first quarter of fiscal year 2026, an increase from $11.3 million in the same period of 2024. Net income was $0.4 million, marking the second consecutive quarter of positive net income, compared to a net loss of $0.1 million in the prior year period. Gross profit rose to $8.4 million from $7.5 million, with the consolidated gross margin improving to 73% from 66%. Earnings per share were $0.01, up from a loss of $0.01 per share last year. EBITDA was $1.4 million, compared to $1.0 million, while Adjusted EBITDA increased to $1.9 million from $0.4 million. The company reported its third consecutive quarter of positive operating cash flow at $0.4 million. Aspen University’s revenue declined by $0.5 million, or 11%, due to lower post-licensure enrollments following decreased marketing spend, while United States University’s revenue increased by 9%, supported by higher enrollments in the MSN-FNP program, returning students, and tuition increases. The company indicated that ongoing restructuring initiatives are expected to deliver further general and administrative savings by the third quarter of fiscal 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspen Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9566030-en) on October 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)