Bridgepoint Education offers innovative approaches to the challenges faced in higher education. Bridgepoint subsidiaries tackle issues such as affordability, transferability of credits and online convenience, without sacrificing overall academic quality. By providing both online and campus-based programs at Ashford University and University of the Rockies, Bridgepoint offers access to both traditional and adult learners seeking high quality, convenient higher education degree programs.
Bridgepoint thrives on an ethos of invention. We are innovators and educators who make learning more accessible, valuable, and meaningful for all. Our people are empowering learners to succeed. We offer technology solutions in Waypoint Outcomes and Thuze. Our Mission: To design innovative solutions that advance learning. Our mission is to provide high quality, innovative educational services to enrich the lives and communities we serve. Bridgepoint Education cares about our community. We direct our efforts toward three philanthropic aims: Education, Youth, and the Military.
Company Growth (employees)
Bridgepoint Education was founded in 2004 and is headquartered in San Diego, US
Bridgepoint Education Office Locations
Bridgepoint Education has an office in San Diego
San Diego, US (HQ)
13500 Evening Creek Dr N
Bridgepoint Education Data and Metrics
Bridgepoint Education Financial Metrics
Bridgepoint Education's revenue was reported to be $129.5 m in Q1, 2017
USD
Revenue (Q1, 2017) | 129.5 m |
Net income (Q1, 2017) | 9.9 m |
EBIT (Q1, 2017) | 9.7 m |
Market capitalization (18-Aug-2017) | 376.2 m |
Cash (31-Mar-2017) | 164.7 m |
Bridgepoint Education's current market capitalization is $376.2 m.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 768.6 m | 638.7 m | 561.7 m | 527.1 m |
Revenue growth, % | (17%) | (12%) | (6%) | |
Gross profit | 372.7 m | 317.4 m | 280.2 m | |
Gross profit Margin, % | 48% | 50% | 50% | |
General and administrative expense | 48.8 m | |||
Operating expense total | 312.3 m | 303.1 m | 322.5 m | 567.3 m |
EBIT | 60.4 m | 14.3 m | (42.3 m) | (40.2 m) |
EBIT margin, % | 8% | 2% | (8%) | (8%) |
Pre tax profit | (40.2 m) | (37.9 m) | ||
Income tax expense | 30.3 m | (7.9 m) | ||
Net Income | 41 m | 9.7 m | (70.5 m) | (30 m) |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 171.5 m | 162.7 m | 142.5 m | 147.1 m | 140.8 m | 133 m | 138 m | 136.6 m | 129.5 m |
General and administrative expense | 16.7 m | 15.6 m | 16.3 m | 13.2 m | 13.3 m | 13.5 m | 11.7 m | 11.6 m | 12 m |
Operating expense total | 16.7 m | 15.6 m | 16.3 m | 13.2 m | 13.3 m | 13.5 m | 11.7 m | 11.6 m | 12 m |
EBIT | 22.4 m | 10.6 m | (1.2 m) | (512 k) | (34.5 m) | (16.3 m) | 3.4 m | (8.8 m) | 9.7 m |
EBIT margin, % | 13% | 7% | (1%) | (0%) | (24%) | (12%) | 2% | (6%) | 7% |
Pre tax profit | 23.1 m | 11.7 m | (511 k) | (167 k) | (34 m) | (15.6 m) | 4 m | (8.3 m) | 10.1 m |
Income tax expense | 10.2 m | 5.4 m | (140 k) | 483 k | 28.7 m | (5.5 m) | 671 k | 1.2 m | 236 k |
Net Income | 13 m | 6.3 m | (371 k) | (650 k) | (62.7 m) | (10.1 m) | 3.3 m | (9.5 m) | 9.9 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 249.5 m | 207 m | 282.1 m | 307.8 m |
Accounts Receivable | 28.6 m | 21.3 m | 24.1 m | 26.5 m |
Inventories | 21.4 m | 22.8 m | 52.2 m | 23.5 m |
Current Assets | 381.6 m | 311.4 m | 403.3 m | 431.7 m |
PP&E | 91.4 m | 78.2 m | 21.7 m | 12.2 m |
Total Assets | 574 m | 558.1 m | 506.8 m | 463.4 m |
Accounts Payable | 5.2 m | 1 m | 4.8 m | 77.9 m |
Current Liabilities | 192.7 m | 160.5 m | 168 m | 152.5 m |
Total Liabilities | 182.7 m | |||
Additional Paid-in Capital | 168.8 m | 180.7 m | 188.9 m | 195.9 m |
Retained Earnings | 515.6 m | 521.8 m | 451.3 m | 421.3 m |
Total Equity | 348 m | 365.9 m | 303.7 m | 280.7 m |
Financial Leverage | 1.6 x | 1.5 x | 1.7 x | 1.7 x |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 150.5 m | 188.8 m | 241.3 m | 261 m | 242.7 m | 243.1 m | 265.4 m | 258.4 m | 164.7 m |
Accounts Receivable | 25.9 m | 31.4 m | 30.9 m | 28.2 m | 30.8 m | 34.2 m | 29.8 m | 30.6 m | 32.9 m |
Current Assets | 331.2 m | 332 m | 349.1 m | 379.2 m | 367.2 m | 378.7 m | 394.5 m | 382.2 m | 273 m |
PP&E | 88.7 m | 88.1 m | 75.7 m | 71.1 m | 30.6 m | 19.6 m | 17.4 m | 16 m | 12.2 m |
Total Assets | 555.5 m | 568.3 m | 562.1 m | 562.5 m | 505.3 m | 480.9 m | 486.3 m | 464.2 m | 305.1 m |
Accounts Payable | 4 m | 10.5 m | 6.9 m | 5.5 m | 2.1 m | 70.8 m | 74.6 m | 69.2 m | 67.2 m |
Current Liabilities | 163 m | 168.4 m | 165.6 m | 159.4 m | 164.1 m | 153.2 m | 155.9 m | 144.9 m | 139 m |
Additional Paid-in Capital | 176.1 m | 178.1 m | 181.6 m | 184.8 m | 186.4 m | 190 m | 191.6 m | 193 m | 196.6 m |
Retained Earnings | 520.7 m | 527 m | 521.4 m | 520.8 m | 458 m | 441.2 m | 444.5 m | 435.1 m | 431.2 m |
Total Equity | 360.3 m | 368.5 m | 366.6 m | 369.1 m | 307.9 m | 294.9 m | 299.8 m | 291.6 m | 139.3 m |
Financial Leverage | 1.5 x | 1.5 x | 1.5 x | 1.5 x | 1.6 x | 1.6 x | 1.6 x | 1.6 x | 2.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 45.9 m | 9.7 m | (70.5 m) | (30 m) |
Depreciation and Amortization | 21.7 m | 23.3 m | 19.6 m | 13.1 m |
Accounts Receivable | (34 m) | (27 m) | (32 m) | (34.8 m) |
Inventories | (2.4 m) | 659 k | (14 m) | 13.2 m |
Cash From Operating Activities | 75.5 m | 25.2 m | 26.7 m | 11.1 m |
Capital Expenditures | (14.8 m) | (11.4 m) | (2.5 m) | (1.9 m) |
Cash From Investing Activities | 115.2 m | (33 m) | 44.6 m | 14.7 m |
Cash From Financing Activities | (197.2 m) | 2.3 m | 3.8 m | (319 k) |
Interest Paid | 146 k | 128 k | 198 k | 62 k |
Income Taxes Paid | 38.6 m | 15.5 m | 6.1 m | |
Free Cash Flow | 90.4 m | 36.6 m | 29.2 m | 9.2 m |
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 13 m | 6.3 m | (371 k) | (650 k) | (62.7 m) | (10.1 m) | 3.3 m | (9.5 m) | 9.9 m |
Accounts Receivable | 25.9 m | 31.4 m | 30.9 m | 28.2 m | 30.8 m | 34.2 m | 29.8 m | 30.6 m | 32.9 m |
Accounts Payable | 4 m | 10.5 m | 6.9 m | 5.5 m | 2.1 m |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 924.9 k |
Financial Leverage | 2.2 x |
Bridgepoint Education Market Value History
Bridgepoint Education Median Salaries
Source: 14 public H-1B filings from Bridgepoint Education
Market Position of Bridgepoint Education
Traffic Overview of Bridgepoint Education
Bridgepoint Education Online and Social Media Presence
Bridgepoint Education News and Updates
May 15, 2017
The unusual case of the cheaply valued share buyback
In theory, companies should only buy back their own shares when they're cheap, but this rarely happens. Andrew Lyddon, author on The Value Perspective blog, highlights a case where it has. The share buyback can be a beautiful thing – at least in theory. The idea is that a company buys back some …
September 13, 2016
For-Profit College Ordered To Forgive $24 Million In Student Loans
CFPB director Richard Cordray.
Pete Marovich / Getty Images
A large for-profit college company, Bridgepoint Education, has been ordered to forgive $23.5 million in private student loans after lying to students about how much the loans would cost.The Consu…