- IDP’s income declined by 15% to $882.2m and gross revenue fell by 21% to $525.8m
- IELTS volumes are down 50% in India in 2025, compounding a 42% drop in India in 2024
- Poor efficiency pushed by market-wide declines in scholar volumes, whereas amortisation and organisational restructure have additionally impacted the figures
- IDP’s extremely anticipated launch of IELTS in China has been delayed
International agent and co-owner of the IELTS English language testing service, IDP Schooling has launched its annual report and full monetary outcomes forward of a gathering with shareholders, in addition to asserting a “multi-year transformation” to handle rising prices and handle change.
The corporate has revealed important losses with gross revenue falling by 21% to $525.8m in 2025.
College placements skilled a quantity decline of 29% in FY25 attributed to “policy-driven provide points” with all main examine locations.
Placement volumes had been down in Canada (-56%), Australia ( -22%), UK (-18%) and the US (-25%), whereas college students securing college locations in various examine locations grew; New Zealand (+40%) and Eire (+37%).
Whereas scholar placement income declined by 16% to $427m, the common worth development of IDP merchandise really grew by 15%, pushed by companion negotiations and value-added companies.
English Language Testing volumes fell 18%, linked to the decline in scholar demand. IELTS income declined by 15% to $410.7m regardless of a rise in common take a look at worth of 4%.
IELTS volumes had been notably impacted in India with a 50% decline in take a look at takers compounding a earlier 42% fall in 2024.
IDP operations in Asia have been severely impacted in 2025 with a 40% decline in earnings linked to Indian operations, IELTS UCLES (retesting) price enhance, elevated sub-agent volumes in China and the removing of the British Council royalty.
The extremely anticipated launch of IDP’s IELTS supply in China has additionally been delayed past the present monetary yr.
Different monetary components impacting monetary efficiency embrace the $4.2m of amortisation referring to the acquisitions of The Ambassador Platform (Could 2023), Consumption Schooling (November 2022) and Hotcourses (January 2017), and an additional $2.1m of amortisation arising from the acquisition of Converse (March 2025).
In July 2025, IDP share costs tumbled to the identical degree as their unique IPO market worth cap from 2015, as reviews of revenue losses emerged. The share worth has since rallied by greater than 30% with a number of of the corporate’s administrators reportedly rising their shareholding.
FY25 was additionally a difficult interval, with the smaller market affecting scholar and take a look at taker volumes. Nevertheless, it was additionally a pivotal yr through which we laid the groundwork for a multi-year transformation.
Tennealle O’Shannessy, IDP
The corporate has launched a “multi-year transformation” to reshape IDP for by ‘shifting to a extra agile, AI-enabled working mannequin’. The corporate has already spent $7.6m on restructure prices leading to direct prices financial savings of 6% and overhead prices financial savings of 5%.
Writing within the annual report, Tennealle O’Shannessy, CEO and managing director of IDP mentioned: “For IDP, FY25 was additionally a difficult interval, with the smaller market affecting scholar and take a look at taker volumes. Nevertheless, it was additionally a pivotal yr through which we laid the groundwork for a multi-year transformation.
“The primary part is predicted to ship $25m of internet price discount in FY26 with work to simplify the enterprise considerably offsetting the inherent inflationary parts in our enterprise”.
