Overview
Adtalem Global Education Inc., renamed Covista Inc. in 2026, is a postsecondary education company focused on preparing healthcare professionals. Its programs are delivered online and on campuses through three core businesses: Chamberlain, focused on nursing and health professions; Walden, offering degrees and certificates across fields including nursing, education, counseling, business and public health; and Medical and Veterinary, which includes AUC and Ross University’s medical and veterinary schools.[1][2][3][4]
The company describes its purpose as opening doors and unlocking students’ potential through education, including in nursing, medicine, veterinary medicine, and social and behavioral sciences. Its footprint combines U.S. campuses and online study with international medical education locations, including AUC in St. Maarten and a satellite campus in England.[5][6][7]
For the fiscal year ended June 30, 2026, the company reported revenue of approximately $1.95 billion and 10,680 employees. It reported serving 100,000 students and having 400,000 alumni across its five accredited institutions.[8][9][6] [1][2][3][5][6][7][8][9][4]
Products & services
Chamberlain University offers pre-licensure BSN programs, RN-to-BSN completion, and online MSN and DNP degrees. Its BSN pathways include a three-year pre-licensure option and an RN-BSN designed for completion in three full-time semesters. MSN specializations include nurse practitioner tracks, Nurse Educator, Nurse Executive, Nursing Informatics, Population Health, Healthcare Policy, and Clinical Nurse Leadership. Additional offerings include an online MPH and MSW, and an onsite Master of Physician Assistant Studies; MSW tracks include Crisis and Response Interventions, Trauma, and Medical Social Work.[10][11][12][13][14][15]
Walden University offers degree and certificate programs across nursing, education, counseling, business, information technology, psychology, public health, social work, public administration, and criminal justice. Nearly all programs are online, with some requiring in-person clinicals. Its Tempo Learning® option includes more than 25 programs and specializations, as well as a certificate, delivered through direct-assessment competency-based education; students may also pursue accelerated course-based study.[16][17]
Adtalem’s medical and veterinary offerings include MD programs at American University of the Caribbean and Ross University School of Medicine, with medical-sciences study followed by clinical education and rotations supported by more than 40 clinical relationships. AUC also offers a pathway with the University of Lancashire that combines a postgraduate diploma in International Medical Sciences with AUC’s MD. Preparatory offerings include MedOrigin, a 15-week, hands-on, on-campus medical-preparation program, and the Medical Education Readiness Program. Ross University School of Veterinary Medicine offers an AVMA-accredited DVM, with the option to complete the final three clinical semesters at affiliated accredited colleges, as well as postgraduate MS and PhD research degrees.[18][19][20][21][22][23]
The FY2026 filing reports revenue by segment rather than by individual program. Based on reported segment revenue and consolidated revenue, Chamberlain represented approximately 38.4%, Walden 41.2%, and Medical and Veterinary 20.4% of consolidated revenue.[8] [10][11][12][13][14][15][16][17][18][19][20][21][22][23][8]
Geographic presence
Adtalem Global Education’s FY2026 filing describes a primarily U.S.-based campus footprint alongside medical and veterinary campuses in St. Maarten (AUC), Barbados (RUSM), and St. Kitts (RUSVM). AUC also identifies a satellite campus in Preston, England. Chamberlain operated 24 campuses across 16 U.S. states, while Walden operated online and had no campus space.[24][25][7][26][27][23]
The company’s headquarters are in Chicago, Illinois, with additional leased offices in Lisle, Illinois; Columbia, Maryland; and Washington, D.C. Walden also leases office space in Minneapolis, Minnesota. AUC, RUSM, and RUSVM have admissions representatives throughout the United States and Canada, indicating recruitment reach in those markets; the filing does not provide a corresponding geographic sales breakdown.[28][25][29]
The FY2026 filing reports revenue by business segment, but does not disclose revenue by country or region or geographic percentages. It likewise does not provide an employee breakdown by geography.[30] [24][25][7][26][27][23][28][29][30][31]
Business segments
In FY2026, the year ended June 30, 2026, the company reported three operating segments: Chamberlain, Walden, and Medical and Veterinary. Chamberlain comprises Chamberlain University, focused on nursing and health-professions education, including nursing, public health, social work, and physician-assistant programs. Its FY2026 revenue was $750.2 million, approximately 38.4% of consolidated revenue.[32][33][14][8]
Walden comprises Walden University, offering degree and certificate programs across areas including nursing, education, counseling, business, information technology, psychology, public health, social work and human services, public administration and policy, and criminal justice. FY2026 revenue was $804.9 million, approximately 41.2% of consolidated revenue.[34][17][8]
Medical and Veterinary includes American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine, focused on medical and veterinary education. FY2026 revenue was $398.9 million, approximately 20.4% of consolidated revenue. Revenue shares are calculated from reported segment revenue and consolidated revenue of $1,954.1 million.[35][36][8] [32][33][14][34][17][35][36][8]
Company history
DeVry’s institutional roots date to DeForest Training School, founded in 1931. Its corporate predecessor, DeVry Inc., was formed in 1987 through the merger of DeVry Institute of Technology and Keller Graduate School of Management, and became publicly held in 1991.[37][38] From 2003 onward, the company expanded into health education through acquisitions including Ross University, Deaconess College of Nursing—which became Chamberlain College of Nursing in 2006—and the American University of the Caribbean in 2011.[38][39]
The company changed its name from DeVry Inc. to DeVry Education Group in 2013, acquired a controlling interest in Brazil’s Grupo Ibmec in 2015, and became Adtalem Global Education in 2017; Lisa Wardell became president and CEO in 2016.[40][41][42][43] In 2018 it divested DeVry University and Carrington College, followed by the sale of its Brazilian operations in 2020.[44][45] Adtalem acquired Walden University in 2021 and sold its Financial Services segment in 2022.[46][47] In February 2026, the company changed its legal name to Covista Inc.[48] [37][38][39][40][41][42][43][44][45][46][47][48]
Sources
- Adtalem Global Education Inc. — Full financial report (2026 Y)
- www.covista.com[4]
- www.sec.gov[31]
- www.devry.edu[37]
- www.sec.gov[38]
- www.chamberlain.edu[39]
- www.sec.gov[40]
- investors.covista.com[41]
- www.businesswire.com[42]
- investors.covista.com[43]
- investors.covista.com[44]
- investors.covista.com[45]
- investors.covista.com[46]
- investors.covista.com[47]
- www.sec.gov[48]
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