STI Education Systems Holdings Inc. reported flat net income of P1.6 billion for the first nine months of its fiscal year ending March, unchanged from the same period a year earlier.
Total revenues for the nine-month period edged up 2 percent to P4.2 billion, while the company kept its gross profit margin steady at 73 percent.
For the third quarter alone, however, net earnings fell 22 percent to P543.44 million, and revenues dropped 9 percent to P1.37 billion. STI explained the decline stems from a revised revenue recognition policy starting school year 2025–2026: tuition and fees are now recorded based on actual school days per quarter, instead of monthly billing. The change only shifts when revenue is counted between quarters and does not affect full-year totals. Adjustments to tuition rates also contributed to the quarterly difference.
As of March, STI’s total assets rose 9 percent to P18.53 billion, supported by campus expansion, better fee collection, higher cash reserves, and land acquisition in Calamba, Laguna.
Enrollment for 2025–2026 reached 132,941, down 4 percent year-on-year. Tertiary programs regulated by the Commission on Higher Education made up 77 percent of the student base. Basic education numbers fell, mirroring a sector-wide trend as earlier opening of public school classes reduced private school intake.
Management highlighted that core operations remain resilient, with strong tertiary enrollment holding steady. The company continues to expand its network and update programs—adding cybersecurity tools, computer-aided design platforms, and Adobe licenses—to align with industry needs and boost graduate employability.
