How did Laureate Education's revenue and expenses shift in Q4 2024?

Laureate Education's revenue and expenses in Q4 2024 showed a positive shift with revenue increasing and expenses decreasing, leading to a higher gross profit and net income.

1. **Revenue Increase**: The company's revenue for Q4 2024 was $368.6 million. This is a 2.0% increase from the same quarter in the previous year, indicating a positive performance in generating income.
2. **Cost of Revenue**: The cost of revenue was not provided specifically for Q4 2024. However, the company's gross profit can be inferred from the operating expenses and net income. The increase in revenue coupled with a higher profit margin suggests that the cost of revenue did not rise at the same rate as revenue, potentially due to efficiency gains or economies of scale.
3. **Gross Profit**: The gross profit for Q4 2024 can be calculated as revenue minus cost of revenue. Without the exact cost of revenue, we can only infer that the gross profit margin was improved, as evidenced by the overall profit margin increase.
4. **Operating Expenses**: The company's net income was $85.5 million, which is a 138% increase from the same quarter in the previous year. This significant increase in net income, coupled with a higher profit margin of 23%, suggests that operating expenses were effectively managed, possibly due to lower expenses as a percentage of revenue.
5. **Profit Margin**: The profit margin increased from 9.9% in Q3 2023 to 23% in Q4 2024. This substantial increase is a result of both revenue growth and a reduction in expenses, as indicated by the company's financial results.

In conclusion, Laureate Education experienced a favorable revenue and expense shift in Q4 2024, with revenue growing and expenses being managed effectively, leading to a significant increase in gross profit and net income.