CVSANYSEServices-Educational ServicesUS GAAP · USD

Covista Inc.

Covista Inc. appears to be an educational services business operating in the U.S. higher-education market, with disclosures that align to Adtalem Global Education’s portfolio of professional and health-care focused schools. Its business is built around enrolling students into degree and credential programs, delivering instruction, and supporting student outcomes through campus, online, and administrative services.

Kysy yhtiöstä
Liikevaihto1 954milj. USD
+9,3 %v/v
Liikevoitto (EBIT)383milj. USD
+12,2 %v/v
EBIT-marginaali19,6%
+0,5 %-yks.v/v
Nettotulos252milj. USD
+6,1 %v/v
Vapaa kassavirta393milj. USD
+36,6 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

05001 0001 5002 000milj. USD2021: 907 milj. USD2021: EBIT 118 milj. USD20212022: 1 387 milj. USD2022: EBIT 80 milj. USD20222023: 1 451 milj. USD2023: EBIT 168 milj. USD20232024: 1 585 milj. USD2024: EBIT 217 milj. USD20242025: 1 788 milj. USD2025: EBIT 342 milj. USD20252026: 1 954 milj. USD2026: EBIT 383 milj. USD20261 954383
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Covista Inc.

Liiketoiminta

Osuus liikevaihdosta
Chamberlain41 %

Nursing and health-professions education delivered through degree programs and campus/online formats.

Walden39 %

Online graduate and professional education across health, education, and related fields.

Medical and Veterinary20 %

Medical and veterinary school programs, including international and clinical training offerings.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,5%FY2026100 %
  • Tuition99,5 %
  • Other Services0,5 %

Lähde: 10-K FY2026, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company serves students seeking career-focused higher education, especially in nursing, healthcare, medicine, and veterinary fields. Its customers are typically adult learners and working professionals who value flexible delivery, licensure-oriented curricula, and direct pathways to employment. The business also depends on student financing sources and Title IV-related funding access, which shape enrollment and affordability.

Nursing students

Enroll in Chamberlain programs for nursing degrees and licensure-focused training.

Online graduate students

Buy Walden programs for flexible, remote professional and graduate education.

Medical and veterinary students

Attend specialized schools for clinical and professional degree programs.

Adult career changers

Choose programs that offer practical credentials and better employment outcomes.

Financing-dependent students

Need federal aid or private lending to fund tuition and enrollment.

Strategia

Management is focused on growing student enrollment, improving student outcomes, and expanding capacity through technology and campus investment. The company is also working to adapt to changing federal student-aid rules by securing alternative financing sources for students and maintaining operational rigor across its portfolio. Capital allocation has included share repurchases, debt repayment, and targeted investment in IT and campus infrastructure.

Enrollment growth and student outcomesLyhyt aikaväli

Revenue depends on attracting and retaining students in competitive professional education markets.

Alternative student financingLyhyt aikaväli

Federal aid changes could limit funding available to students and affect enrollment conversion.

Campus and technology investmentKeskipitkä aikaväli

Capacity, digital delivery, and facility quality support growth and program competitiveness.

Capital disciplineLyhyt aikaväli

Share repurchases and debt repayment support shareholder returns and balance-sheet flexibility.

Maantiede

The business is primarily U.S.-based, with consolidated operations and cash generation centered in the United States. The filings also reference international operations, but the disclosed cash balance there is small, indicating limited geographic diversification. Geography matters because the company is exposed to U.S. higher-education regulation, Title IV funding rules, and state/federal oversight.

Riskit

The company operates in a heavily regulated education sector, so compliance failures, adverse rule changes, or investigations could materially affect enrollment and cash flows. It also faces cyber and data-privacy risks because it stores sensitive student and employee information, and system disruptions could interrupt operations. In addition, credit losses, legal contingencies, and impairment risk on long-lived assets and intangibles can create earnings volatility.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Regulatory and Title IV compliance risk1OBBBA-related funding changes2Cybersecurity and data privacy breaches3Goodwill and intangible asset impairment4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Regulatory and Title IV compliance riskVaikutus: KorkeaTodennäköisyys: Korkea

    The business depends on U.S. postsecondary education rules and aid eligibility.

    Kohdistuu: Federal student aid and institutional compliance

  2. OBBBA-related funding changesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    New student-aid limits may reduce available financing and pressure enrollment.

    Kohdistuu: Student funding and loan availability

  3. Cybersecurity and data privacy breachesVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Student financial data, grades, and personal information are stored on company systems.

    Kohdistuu: IT systems and third-party providers

  4. Goodwill and intangible asset impairmentVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Program performance or weaker forecasts could trigger impairment charges.

    Kohdistuu: Reporting units and indefinite-lived intangibles

  5. Credit loss and receivables collection riskVaikutus: Keskitaso

    Tuition collections depend on student payment behavior and financing access.

    Kohdistuu: Accounts and financing receivables

Kysy Clarifolta: Covista Inc.

Kirjanpito

Harkinnanvaraiset erät
Allowance for credit losses

Management estimates lifetime expected losses on accounts and financing receivables.

Vaikutus: Affects receivables, bad-debt expense, and operating margin

Contingencies and legal reserves

Accruals depend on judgment about probable losses and settlement timing.

Vaikutus: Can materially affect expenses and liabilities

Goodwill and intangible impairment

Valuation depends on revenue forecasts, discount rates, and terminal growth assumptions.

Vaikutus: May create large non-cash charges if forecasts weaken

Revenue recognition and student obligations

Tuition and related services may be recognized over time as instruction is delivered.

Vaikutus: Affects quarterly revenue timing and deferred revenue balances

Restructuring and campus exit costs

Workforce reductions and course-offering exits generate periodic charges.

Vaikutus: Reduces comparability across periods

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Legacy Education Inc.

LGCY · Services-Educational Services

Envista Holdings Corp

NVST · Dental Equipment & Supplies

Coursera, Inc.

COUR · Services-Prepackaged Software

Integra LifeSciences Holdings Corporation

IART · Surgical & Medical Instruments & Apparatus

Perdoceo Education Corporation

PRDO · Services-Educational Services

Strategic Education, Inc.

STRA · Services-Educational Services

Päivitetty: 24.9.2026

Covista Inc. (CVSA) liikevaihto, tulos ja tunnusluvut 2026 – Clarifo