Private company

POWERSCHOOL HOLDINGS, INC.

POWERSCHOOL HOLDINGS, INC. is an American prepackaged software services company based in Folsom.1

Last updated Oct 20, 2026.

Overview

  • IndustryServices-Prepackaged Software1
  • HeadquartersFolsom, California1
  • Incorporated inDE2
  • Business address150 Parkshore Drive, Folsom, Ca 956302
  • Filer categoryLarge accelerated filer2

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We power the education ecosystem with unified personalized solutions that help educators and students realize their full potential.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

59.3%Gross margin5
3.5%Operating margin5
-4.5%Net margin5
10.6%Revenue growth, 20235
-2.4%Return on equity5
0.62×Debt to equity5
$168.4MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue41¢$283.9M
  • Research and development15¢$105.9M
  • Selling, general and admin31¢$214.8M
  • Other costs4¢$25.9M
  • Interest10¢$66.7M
  • Income tax0¢$476.0K

Out of $697.7M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Capital spending1¢$2.2M
  • Kept or used elsewhere99¢$168.4M

Out of $170.6M of cash from operations.5

Financial statements

Revenue675$697.7M in 2023+91% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $365.0M$365.0M20192020: $434.9M$434.9M2020+19%2021: $558.6M$558.6M2021+28%2022: $630.7M$630.7M2022+13%2023: $697.7M$697.7M2023+11%
Gross profit675$413.8M in 2023+112% since 2019
0$200.0M$400.0M$600.0M2019: $195.0M$195.0M20192020: $243.1M$243.1M2020+25%2021: $317.7M$317.7M2021+31%2022: $358.3M$358.3M2022+13%2023: $413.8M$413.8M2023+15%
Operating income675$24.3M in 2023
-$10.0M0$10.0M$20.0M$30.0M2019: -$7.9M-$7.9M20192020: $22.5M$22.5M20202021: $5.7M$5.7M2021−75%2022: $5.9M$5.9M2022+3%2023: $24.3M$24.3M2023+312%
Net income675-$31.1M in 2023−66% since 2019
-$100.0M-$75.0M-$50.0M-$25.0M02019: -$90.7M-$90.7M20192020: -$46.6M-$46.6M2020−49%2021: -$33.8M-$33.8M2021−28%2022: -$20.8M-$20.8M2022−38%2023: -$31.1M-$31.1M2023+50%
Fiscal year201820192020202120222023
Revenue$365.0M6$434.9M7$558.6M5$630.7M5$697.7M5
Cost of revenue$170.0M6$191.8M7$240.9M5$272.3M5$283.9M5
Gross profit$195.0M6$243.1M7$317.7M5$358.3M5$413.8M5
Research and development$61.2M6$70.7M7$92.7M5$107.5M5$105.9M5
Selling, general and admin$86.9M6$92.7M7$149.2M5$178.3M5$214.8M5
Operating expenses$312.0M5$352.4M5$389.5M5
Operating income-$7.9M6$22.5M7$5.7M5$5.9M5$24.3M5
Interest$85.3M6$68.7M7$58.9M5$40.0M5$66.7M5
Income before tax-$65.5M5-$40.6M5-$39.5M5
Income tax-$2.7M6$39.0K7-$22.4M5-$12.8M5-$476.0K5
Net income-$90.7M6-$46.6M7-$33.8M5-$20.8M5-$31.1M5
Earnings per share$0.006$0.007-$0.215-$0.135-$0.195
Earnings per share (diluted)$0.006$0.007-$0.215-$0.135-$0.195
Shares (weighted, basic)157.6M shares5158.7M shares5163.0M shares5
Shares (weighted, diluted)157.6M shares5198.6M shares5163.0M shares5

Compare POWERSCHOOL HOLDINGS, INC. with another company

Corporate structure

POWERSCHOOL HOLDINGS, INC. sits at the top of its group. 4 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of POWERSCHOOL HOLDINGS, INC.

  • VEP Group, LLC Filed SC 13G/A on POWERSCHOOL HOLDINGS, INC., latest Oct 15, 2024 (3 filings since Feb 10, 2022)
  • Onex Corporation Filed SC 13G/A on POWERSCHOOL HOLDINGS, INC., latest Oct 10, 2024 (3 filings since Feb 8, 2022)
  • GLAZER CAPITAL, LLC Filed SC 13G on POWERSCHOOL HOLDINGS, INC., latest Oct 7, 2024
  • CANADA PENSION PLAN INVESTMENT BOARD Filed SC 13G/A on POWERSCHOOL HOLDINGS, INC., latest Jul 10, 2024 (3 filings since Feb 14, 2022)
  • Select Equity Group, L.P. Filed SC 13G/A on POWERSCHOOL HOLDINGS, INC., latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • POWERSCHOOL HOLDINGS, INC. Folsom, California
    • PowerSchool Canada ULC Subsidiary · British Columbia, Canada
    • PowerSchool Group LLC Subsidiary · Delaware, United States
    • PowerSchool India Private Limited Subsidiary · India

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What POWERSCHOOL HOLDINGS, INC. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$194.3M5 Dec 31, 2023$152.7M5 Dec 31, 2022+27.3%
Property and equipment, before depreciation$20.1M5 Dec 31, 2023$20.2M5 Dec 31, 2022−0.5%
Accumulated depreciation$15.1M5 Dec 31, 2023$14.0M5 Dec 31, 2022+7.5%
Property and equipment, net$5.0M5 Dec 31, 2023$6.2M5 Dec 31, 2022−19.0%
Operating-lease assets (leased space)$16.0M5 Dec 31, 2023$8.9M5 Dec 31, 2022+80.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$39.1M5 Dec 31, 2023$137.5M5 Dec 31, 2022−71.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.7B5 Dec 31, 2023$2.5B5 Dec 31, 2022+10.2%
Intangible assets, net (excluding goodwill)$710.6M5 Dec 31, 2023$722.1M5 Dec 31, 2022−1.6%
Finite-lived intangibles, gross$1.2B5 Dec 31, 2023$1.1B5 Dec 31, 2022+7.8%
Accumulated amortization$464.4M5 Dec 31, 2023$367.5M5 Dec 31, 2022+26.4%
Finite-lived intangibles, net$710.6M5 Dec 31, 2023$722.1M5 Dec 31, 2022−1.6%

Leadership

Who has led POWERSCHOOL HOLDINGS, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Hardeep Gulati2021–2024

President

  1. Eric Ryan Shander2022–2024

Chief financial officer

  1. Eric Ryan Shander2021–2024

Chief operating officer

  1. Maulik Datanwala2021–2022
2025
Board members and other officers (22)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • PowerSchool Canada ULC British Columbia, Canada3
  • PowerSchool Group LLC Delaware3
  • PowerSchool India Private Limited India3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Oct 1, 20248-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale35
  2. Aug 9, 20248-K Results of operations36
  3. Jun 10, 20248-K Entered a material agreement; Shareholder vote37
  4. Jun 7, 20248-K Other events38
  5. May 7, 20248-K Results of operations39
  6. May 7, 20248-K Shareholder vote40
  7. Mar 18, 20248-K Executive or director change41
  8. Feb 26, 20248-K Results of operations42
  9. Nov 7, 20238-K Results of operations43
  10. Oct 12, 20238-K Entered a material agreement; New debt or obligation44
  11. Sep 14, 20238-K Regulation FD disclosure45
  12. Aug 7, 20238-K Results of operations46
  13. Jul 28, 2021New chief executive Hardeep Gulati becomes CEO10

Calendar

When it reported results

  1. Aug 9, 2024Reported quarterly or annual results36
  2. May 7, 2024Reported quarterly or annual results39
  3. Feb 26, 2024Reported quarterly or annual results42
  4. Nov 7, 2023Reported quarterly or annual results43
  5. Aug 7, 2023Reported quarterly or annual results46
  6. May 4, 2023Reported quarterly or annual results47
  7. Feb 22, 2023Reported quarterly or annual results48
  8. Nov 7, 2022Reported quarterly or annual results49

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

403 filings to the SEC since October 2021: 3 annual reports, 9 quarterly reports, 29 major events, 182 insider forms, 12 large holders, 168 other. The latest 20:

  1. Oct 15, 2024SC 13G/A EDGAR
  2. Oct 11, 202415-12G EDGAR
  3. Oct 10, 2024SC 13G/A EDGAR
  4. Oct 7, 2024SC 13G EDGAR
  5. Oct 4, 2024EFFECT EDGAR
  6. Oct 3, 20244 EDGAR
  7. Oct 3, 20244 EDGAR
  8. Oct 3, 20244 EDGAR
  9. Oct 3, 20244 EDGAR
  10. Oct 3, 20244 EDGAR
  11. Oct 3, 20244 EDGAR
  12. Oct 3, 20244 EDGAR
  13. Oct 3, 20244 EDGAR
  14. Oct 3, 20244 EDGAR
  15. Oct 3, 20244 EDGAR
  16. Oct 3, 20244 EDGAR
  17. Oct 3, 20244 EDGAR
  18. Oct 3, 20244 EDGAR
  19. Oct 1, 2024SC 13E3/A EDGAR
  20. Oct 1, 2024S-8 POS EDGAR

The 403 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

150 open-market trades by officers, directors and large owners since October 2021: 0 buys and 150 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 25, 2024Stumpf ShivaniCPOSale2,088$22.79$47.6KForm 4
Sep 24, 2024Stumpf ShivaniCPOSale1,751$22.79$39.9KForm 4
Sep 19, 2024Stumpf ShivaniCPOSale1,546$22.77$35.2KForm 4
Sep 18, 2024Stumpf ShivaniCPOSale1,296$22.77$29.5KForm 4
Sep 18, 2024Shander Eric RyanPresident, CFOSale4,800$22.77$109.3KForm 4
Sep 18, 2024SINGH DEVENDRAChief Technology OfficerSale2,236$22.77$50.9KForm 4
Sep 18, 2024GULATI HARDEEPChief Executive OfficerSale29,750$22.77$677.4KForm 4
Sep 5, 2024KENDER ANTHONYChief Revenue OfficerSale6,406$22.74$145.7KForm 4
Sep 5, 2024Studer FredChief Marketing OfficerSale5,662$22.74$128.8KForm 4
Sep 5, 2024Shander Eric RyanPresident, CFOSale2,977$22.74$67.7KForm 4
Jul 11, 2024Shander Eric RyanPresident, CFOSale29,200$22.51$657.3KForm 4
Jul 10, 2024Shander Eric RyanPresident, CFOSale7,926$22.50$178.3KForm 4
Jul 9, 2024Shander Eric RyanPresident, CFOSale30,914$22.51$695.9KForm 4
Jun 27, 2024Studer FredChief Marketing OfficerSale1,299$22.35$29.0KForm 4
Jun 27, 2024SINGH DEVENDRAChief Technology OfficerSale5,360$22.35$119.8KForm 4
Jun 27, 2024Shander Eric RyanPresident, CFOSale9,789$22.38$219.1KForm 4
Jun 27, 2024GULATI HARDEEPChief Executive OfficerSale24,409$22.35$545.5KForm 4
Jun 27, 2024Stumpf ShivaniCPOSale2,086$22.34$46.6KForm 4
Jun 26, 2024Stumpf ShivaniCPOSale1,752$22.33$39.1KForm 4
Jun 21, 2024Stumpf ShivaniCPOSale1,547$22.32$34.5KForm 4

All 150 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How POWERSCHOOL HOLDINGS, INC. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPOWERSCHOOL HOLDINGS, INC.1
  • CIK0001835681
  • Employer ID (EIN)85-41660241
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address150 Parkshore Drive, Folsom, CA 956301
  • Phone(916) 767-36281
  • Shares outstanding204,180,143 as of Jul 31, 20249
  • Public float$1.1B as of Jun 30, 20235
  • On EDGAR sinceDec 22, 20201
  • Filings463 in all: 4 (172), 144 (132), 8-K (30), 3 (26), 4/A (15), 10-Q (10), CORRESP (9), UPLOAD (9)1
    All 40 form types

    SC 13G/A (7), SC 13G (5), 144/A (4), S-1/A (4), SC 13E3/A (4), 10-K (3), DEF 14A (3), 424B4 (2), ARS (2), DRS/A (2), EFFECT (2), PRER14C (2), 15-12G (1), 25-NSE (1), 424B7 (1), 8-A12B (1), 8-K/A (1), CERT (1), CT ORDER (1), DEFM14C (1), DEFR14A (1), DRS (1), DRSLTR (1), FWP (1), POS AM (1), PRE 14A (1), PREM14C (1), S-1 (1), S-3ASR (1), S-8 (1), S-8 POS (1), SC 13E3 (1)

  • Latest filingsAnnual report (10-K) Mar 1, 2024
    Quarterly report (10-Q) Aug 9, 2024
    Proxy statement (DEF 14A) Apr 4, 2024
    Latest 8-K (8-K) Oct 1, 2024

Sources

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