# Phoenix Education Partners Forecasts Fiscal 2027 Net Revenue of $970 Million to $1 Billion

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/48633
Published: 2026-11-04T16:19:39.000Z
Updated: 2026-11-04T16:19:39.000Z
Section: Business

> CEO Christopher Lynne called fiscal 2027 a reset period as AI-driven search changes weigh on student acquisition. Phoenix also expects $225 million to $240 million in adjusted EBITDA.

Phoenix Education Partners expects fiscal 2027 net revenue of $970 million to $1 billion as AI-driven search changes weigh on student acquisition, with adjusted EBITDA projected at $225 million to $240 million.

CEO Christopher Lynne described fiscal 2027 as a reset period. Phoenix cited AI-driven changes to search as a factor affecting student acquisition and evaluation.

The company expects growth in employer-affiliated enrollment, expansion in health care and specialized programs, and improved marketing and conversion to help offset the pressure. It also expects about $35 million in cost savings as it integrates Fuel50.

Phoenix expects growth to return in fiscal 2028 and its long-term growth expectations to remain unchanged.