Keystone Education Group Reports Q2 Revenue Decline Amid International Recruitment Pressures
Keystone Education Group reported a 10% year-over-year decrease in Q2 revenue, citing pressure in international student recruitment markets. The company noted progress on its cost reduction program.
Oslo, Norway – Keystone Education Group announced its financial results for the second quarter (Q2) and first half (H1) of 2026 on Tuesday, September 21, 2026.
Revenue for Q2-26 was USD 15.7 million, a 10% decrease from USD 17.5 million in Q2-25. For the first half of 2026, revenue stood at USD 35.3 million, compared to USD 37.2 million in H1-25, marking a 5% decline.
The company stated that Q2 was financially weak, experiencing continued pressure in international student recruitment markets. Despite these challenges, the group reported progress in implementing its cost program and advancing strategic priorities.
Keystone Education Group is focused on strengthening its financial flexibility. The company has worked to improve its financial position following the end of the quarter.