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v3.25.2

Revenue - Schedule of Revenue by Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 524,156 | $ 499,245 | $ 760,318 | $ 774,617
Percent of net revenues | 100.00% | 100.00% | 100.00% | 100.00%
Tuition and educational services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 626,584 | $ 586,020 | $ 910,160 | $ 907,631
Percent of net revenues | 120.00% | 117.00% | 120.00% | 117.00%
Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 50,105 | $ 53,361 | $ 100,803 | $ 112,550
Percent of net revenues | 9.00% | 11.00% | 13.00% | 15.00%
Gross revenue |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 676,689 | $ 639,381 | $ 1,010,963 | $ 1,020,181
Percent of net revenues | 129.00% | 128.00% | 133.00% | 132.00%
Less: Discounts / waivers / scholarships |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ (152,533) | $ (140,136) | $ (250,645) | $ (245,564)
Percent of net revenues | (29.00%) | (28.00%) | (33.00%) | (32.00%)
Operating Segments | Mexico |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 217,369 | $ 218,582 | $ 406,624 | $ 432,663
Operating Segments | Mexico | Tuition and educational services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 306,224 | 294,425 | 550,293 | 561,739
Operating Segments | Mexico | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 27,650 | 33,563 | 67,250 | 80,733
Operating Segments | Mexico | Gross revenue |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 333,874 | 327,988 | 617,543 | 642,472
Operating Segments | Mexico | Less: Discounts / waivers / scholarships |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | (116,505) | (109,406) | (210,919) | (209,809)
Operating Segments | Peru |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 306,734 | 280,637 | 353,590 | 341,882
Operating Segments | Peru | Tuition and educational services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 320,360 | 291,595 | 359,867 | 345,892
Operating Segments | Peru | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 22,402 | 19,772 | 33,449 | 31,745
Operating Segments | Peru | Gross revenue |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 342,762 | 311,367 | 393,316 | 377,637
Operating Segments | Peru | Less: Discounts / waivers / scholarships |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | (36,028) | (30,730) | (39,726) | (35,755)
Corporate |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 53 | 26 | 104 | 72
Corporate | Tuition and educational services |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 0 | 0 | 0 | 0
Corporate | Other |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 53 | 26 | 104 | 72
Corporate | Gross revenue |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | 53 | 26 | 104 | 72
Corporate | Less: Discounts / waivers / scholarships |  |  |  |
Disaggregation of Revenue [Line Items] |  |  |  |
Revenue | $ 0 | $ 0 | $ 0 | $ 0

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