IDP Education posts steep FY26 profit drop but stays on transformation track
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5 Articles
IDP Education posts steep FY26 profit drop but stays on transformation track
The language placement and student placement provider had a tough 12 months. The post IDP Education posts steep FY26 profit drop but stays on transformation track appeared first on The Motley Fool Australia.
IDP warns of further student volume drops as revenue plummets
The warning came as IDP – one of the three co-owners of IELTS – reported a 9% fall in revenue to AUD $795.4m for FY26. Student placement numbers fell 27% during the year, while English language testing volumes fell 8%. Language teaching volumes increased 1%. IDP said it earned more from each student and test than in previous years, helping to offset some of the decline in volumes. “Our focus this year has been to manage financial performance whi…
IDP Education Group's study abroad agency business is declining. (Spencer Platt/Getty Images)
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