STI Education Systems Holdings Inc. saw its net income attributable to shareholders more than double in the first fiscal quarter ended September 2025, led by an earlier start to the academic calendar and a change in its revenue recognition method.
The education provider’s net income for the July to September 2025 period reached P611.5 million, marking a 134-percent increase from the P261.1 million recorded in the same quarter last year. Gross revenues also jumped 39 percent to P1.44 billion from P1.04 billion a year earlier.
It attributed the significant growth to classes at its primary subsidiaries, STI Education Services Group (STI ESG) and STI West Negros University (STI WNU), opening on July 28, more than two weeks earlier than the Aug. 12 start in the prior year.
Both institutions shifted to recognizing tuition and school fees based on actual instructional days rather than the previous monthly method, resulting in higher recognized revenues for the period.
Operating income climbed to P657.5 million from P285.3 million, a result of the increased revenues and improved cost efficiencies.
Despite the strong financial performance, total enrollment across the STI network for the SY 2025–2026 declined 4 percent to 132,941 students.
