Enrollment surge fuels 38% profit increase at STI Holdings
STI Education Systems Holdings Inc. posted a 38 percent jump in net income to ₱2.22 billion for the fiscal year ended June 30 this year from ₱1.61 billion the year prior, fueled by continued enrollment growth.
In a disclosure to the Philippine Stock Exchange, the firm, which owns the country’s largest network of private schools, reported that revenues rose 18 percent to ₱5.56 billion, from ₱4.7 billion in 2024.
According to STI, the increase was driven by a 15 percent improvement in total enrollment in its network, reaching 138,060 students for School Year (SY) 2024–2025, compared with 119,543 students in the previous school year.
Operating income also grew by 33 percent to ₱2.36 billion from ₱1.78 billion a year earlier, a result of both higher revenues and efficient cost management.
Moreover, operating margins strengthened to 43 percent in 2025 from 38 percent the previous year.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ₱3.15 billion, rising 27 percent from ₱2.49 billion in the fiscal year 2023–2024.
EBITDA margin grew to 57 percent from 53 percent the year before, marking the third consecutive year of EBITDA margin expansion, which the company says underscores its operational discipline and sustained investment in scalable growth.
“Building on our strong performance in SY 2024–2025, we are committed to delivering quality education through continued focus on academic innovation and digital integration,” STI Holdings President and CEO Monico V. Jacob said.
“We remain focused on optimizing our nationwide education network and building capacity that strengthens our leadership in the Philippine education sector,” he added.
Enrollment in programs regulated by the Commission on Higher Education (CHED)—which typically generate higher revenues per student—grew by 20 percent to 100,161 students. These programs, which include tertiary-level and post-graduate degree programs at STI West Negros University (STI WNU), now account for 73 percent of total enrollment, up from 70 percent in SY 2023–2024.
STI Holdings also offers technical-vocational courses under the Technical Education and Skills Development Authority (TESDA) and junior and senior high school programs under the Department of Education (DepEd).