Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 146,703	$ 91,350
Restricted cash	5,372	6,504
Receivables:
Accounts and notes receivable	244,070	189,124
Other receivables	15,735	3,190
Allowance for doubtful accounts	(125,056)	(100,527)
Receivables, net	134,749	91,787
Income tax receivable	2,568	7,086
Prepaid expenses and other current assets	28,956	30,020
Current assets held for sale	0	564
Total current assets	318,348	227,311
Property and equipment:
Land	162,595	127,413
Buildings	397,102	347,522
Furniture, equipment and software	596,546	504,648
Leasehold improvements	159,875	125,690
Construction in-progress	26,704	27,997
Accumulated depreciation and amortization	(714,206)	(619,018)
Property and equipment, net	628,616	514,252
Operating lease right-of-use assets, net	335,626	292,387
Goodwill	637,300	563,404
Tradenames, net	166,195	147,911
Deferred costs, net	4,537	4,732
Deferred income taxes	72,159	60,823
Other assets	41,888	40,830
Long-term assets held for sale	1,681	10,410
Total assets	2,206,350	1,862,060
Current liabilities:
Accounts payable	57,126	35,340
Accrued expenses	72,669	60,972
Accrued compensation and benefits	112,591	91,311
Deferred revenue and student deposits	80,161	64,340
Current portion of operating leases	55,971	48,170
Current portion of long-term debt and finance leases	54,585	41,260
Income taxes payable	13,225	2,371
Other current liabilities	26,579	22,941
Current liabilities held for sale	0	1,190
Total current liabilities	472,907	367,895
Long-term operating leases, less current portion	331,792	278,957
Long-term debt and finance leases, less current portion	73,123	59,027
Deferred compensation	7,482	8,269
Income taxes payable	78,979	136,473
Deferred income taxes	15,590	12,433
Other long-term liabilities	37,717	31,984
Long-term liabilities held for sale	0	8,479
Total liabilities	1,017,590	903,517
Redeemable noncontrolling interests and equity	1,398	1,398
Stockholders' equity:
Preferred stock, par value $0.001 per share – 50,000 shares authorized and no shares issued and outstanding as of December 31, 2025 and December 31, 2024	0	0
Common stock, par value $0.004 per share – 700,000 shares authorized, 142,940 shares issued and outstanding as of December 31, 2025 and 150,794 shares issued and outstanding as of December 31, 2024	572	604
Additional paid-in capital	1,075,460	1,129,511
Retained earnings	416,889	291,644
Accumulated other comprehensive loss	(304,984)	(462,210)
Total Laureate Education, Inc. stockholders' equity	1,187,937	959,549
Noncontrolling interests	(575)	(2,404)
Total stockholders' equity	1,187,362	957,145
Total liabilities and stockholders' equity	$ 2,206,350	$ 1,862,060