What is LOPE revenue?

Grand Canyon Education Inc. (LOPE) reported $1.15B of revenue for the twelve months ended Sep 30, 2026. That is up 5.3% from the year before. Revenue for fiscal 2025 was $1.11B.

Yes. Grand Canyon Education Inc. earned $250.94M in net income for the twelve months ended Sep 30, 2026, a net margin of 21.9%.

How much cash and debt does LOPE have?

Grand Canyon Education Inc. reported $58.76M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is LOPE revenue growing?

Grand Canyon Education Inc.'s revenue changed +7.1% in fiscal 2025, to $1.11B. Its compound annual growth rate was +5.6% over 5 years and +3.6% over 10 years.

What is LOPE free cash flow?

Grand Canyon Education Inc. generated $264.85M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $302.07M less capital expenditures.

What is LOPE earnings per share?

Diluted earnings per share were $9.35 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did LOPE last report financial results?

The latest statements here come from Grand Canyon Education Inc.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.

Financials · LOPE

Grand Canyon Education Inc. (LOPE) financials

For the twelve months ended Sep 30, 2026, Grand Canyon Education Inc. reported $1.15B of revenue and $250.94M of net income.

Revenue, TTM: $1.15B
Revenue growth, YoY: +5.3%
Net income, TTM: $250.94M
Net income growth, YoY: +18.8%
Net margin: 21.9%
Free cash flow, TTM: $264.85M
EPS, diluted, TTM: $9.35
EPS growth, YoY: +26.2%
Cash: $58.76M
P/E: 11.96
P/S: 2.61
Market cap: $3.00B

Annual revenue$1.11B

FY2016FY2025

Annual net income$216.17M

FY2016FY2025

Annual free cash flow$238.65M

FY2016FY2025

LOPE revenue and earnings growth

LOPE revenueQ3 2026$267.35M

Quarter YoY: +2.4%
QoQ: +1.3%
FY YoY: +7.1%
5Y CAGR: +5.6%
10Y CAGR: +3.6%

LOPE revenue was $267.35M in fiscal Q3 2026 (ended Sep 30, 2026), up 2.4% from a year earlier and up 1.3% from the prior quarter. For the full fiscal 2025 it was $1.11B, up 7.1% from fiscal 2024. Compound annual growth was +5.6% over 5 years and +3.6% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

LOPE net incomeQ3 2026$43.01M

Quarter YoY: +164.3%
QoQ: -6.2%
FY YoY: -4.4%
5Y CAGR: -3.4%
10Y CAGR: +5.1%

LOPE net income was $43.01M in fiscal Q3 2026 (ended Sep 30, 2026), up 164.3% from a year earlier and down 6.2% from the prior quarter. For the full fiscal 2025 it was $216.17M, down 4.4% from fiscal 2024. Compound annual growth was -3.4% over 5 years and +5.1% over 10 years. It rose in 7 of the last 10 fiscal years.

LOPE EPSQ3 2026$1.67

Quarter YoY: +187.9%
QoQ: -4.6%
FY YoY: -0.3%
5Y CAGR: +7.2%
10Y CAGR: +10.7%

LOPE diluted EPS was $1.67 in fiscal Q3 2026 (ended Sep 30, 2026), up 187.9% from a year earlier and down 4.6% from the prior quarter. For the full fiscal 2025 it was $7.71, down 0.3% from fiscal 2024. Compound annual growth was +7.2% over 5 years and +10.7% over 10 years.

LOPE free cash flowQ3 2026-$36.01M

FY YoY: -5.6%
5Y CAGR: -3.1%

LOPE free cash flow was -$36.01M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$58.30M a year earlier. For the full fiscal 2025 it was $238.65M, down 5.6% from fiscal 2024. Compound annual growth was -3.1% over 5 years. It rose in 5 of the last 9 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$1.11B	$1.03B	$960.90M	$911.31M	$896.56M	$844.10M	$778.64M	$845.50M	$974.13M	$873.34M
Selling, general and admin	$47.42M	$46.30M	$43.23M	$45.49M	$41.83M	$43.36M	$44.32M	$29.97M	$27.16M	$28.08M
Operating income	$265.91M	$275.40M	$249.26M	$237.50M	$282.19M	$277.44M	$265.13M	$258.15M	$282.75M	$237.20M
Interest expense	-	$4.0K	$33.0K	$2.0K	$3.60M	$4.40M	$11.31M	$1.54M	$2.17M	$1.33M
Pre-tax income	$279.85M	$291.31M	$259.68M	$240.12M	$331.29M	$333.14M	$317.50M	$287.00M	$283.53M	$236.12M
Income tax	$63.68M	$65.08M	$54.69M	$55.44M	$70.94M	$75.94M	$58.33M	$57.99M	$80.21M	$87.61M
Net income	$216.17M	$226.23M	$204.99M	$184.68M	$260.34M	$257.20M	$259.18M	$229.01M	$203.32M	$148.51M
EPS, basic	$7.76	$7.77	$6.83	$5.75	$5.94	$5.49	$5.42	$4.81	$4.31	$3.22
EPS, diluted	$7.71	$7.73	$6.80	$5.73	$5.92	$5.45	$5.37	$4.73	$4.22	$3.15
Diluted shares	28.0M	29.3M	30.1M	32.2M	44.0M	47.2M	48.3M	48.4M	48.2M	47.1M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$111.76M	$324.62M	$146.47M	$120.41M	$600.94M	$245.77M	$122.57M	$182.01M	$248.01M	$130.91M
Short-term investments	-	-	-	-	-	-	-	-	$89.27M	$138.24M
Receivables	$84.28M	$82.95M	$78.81M	$77.41M	$70.06M	$62.19M	$48.94M	$46.83M	$10.91M	$9.54M
Current assets	$400.18M	$419.98M	$337.52M	$273.27M	$681.04M	$333.74M	$208.34M	$309.47M	$374.86M	$230.07M
Goodwill	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$2.94M	$2.94M	$2.94M
Total assets	$992.30M	$1.02B	$930.46M	$832.75M	$1.22B	$1.84B	$1.69B	$1.32B	$1.30B	$1.09B
Current liabilities	$109.75M	$110.97M	$97.03M	$99.71M	$97.94M	$118.72M	$95.23M	$80.52M	$238.13M	$226.79M
Total debt	-	-	-	-	-	$107.77M	$140.92M	$59.91M	$66.62M	$98.25M
Total liabilities	$245.37M	$234.57M	$212.45M	$195.13M	$177.70M	$270.25M	$246.86M	$110.42M	$317.62M	$318.81M
Shareholders' equity	$746.93M	$783.85M	$718.01M	$637.62M	$1.05B	$1.57B	$1.44B	$1.21B	$985.95M	$773.69M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$273.49M	$289.96M	$243.66M	$220.82M	$313.12M	$308.82M	$306.34M	$199.09M	$304.90M	$237.76M
Capital expenditures	$34.84M	$37.25M	$44.54M	$35.23M	$28.88M	$29.42M	$22.39M	$94.53M	$113.59M	$178.29M
Free cash flow	$238.65M	$252.71M	$199.13M	$185.59M	$284.24M	$279.40M	$283.95M	$104.56M	$191.31M	$59.47M
Investing cash flow	-$221.59M	$61.37M	-$80.47M	-$97.14M	$950.98M	-$19.35M	-$405.88M	-$238.24M	-$152.06M	-$216.00M
Financing cash flow	-$264.76M	-$173.18M	-$137.12M	-$604.21M	-$908.93M	-$166.28M	$40.09M	-$26.84M	-$35.73M	$10.73M
Share repurchases	$264.76M	$173.18M	$137.12M	$604.21M	$803.83M	$134.01M	$43.91M	$24.76M	$11.30M	$20.06M
Depreciation and amortization	$31.19M	$27.76M	$23.11M	$22.11M	$21.44M	$20.83M	$18.39M	$35.52M	$53.61M	$44.83M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	7.1%	7.5%	5.4%	1.6%	6.2%	8.4%	-7.9%	-13.2%	11.5%	12.2%
Net income growth, YoY	-4.4%	10.4%	11.0%	-29.1%	1.2%	-0.8%	13.2%	12.6%	36.9%	13.0%
EPS growth, YoY	-0.3%	13.7%	18.7%	-3.2%	8.6%	1.5%	13.5%	12.1%	34.0%	13.3%
Operating margin	24.0%	26.7%	25.9%	26.1%	31.5%	32.9%	34.1%	30.5%	29.0%	27.2%
Net margin	19.5%	21.9%	21.3%	20.3%	29.0%	30.5%	33.3%	27.1%	20.9%	17.0%
Free cash flow margin	21.6%	24.5%	20.7%	20.4%	31.7%	33.1%	36.5%	12.4%	19.6%	6.8%
Return on equity	28.9%	28.9%	28.5%	29.0%	24.9%	16.3%	18.0%	18.9%	20.6%	19.2%
Return on assets	21.8%	22.2%	22.0%	22.2%	21.3%	13.9%	15.3%	17.3%	15.6%	13.6%
Current ratio	3.65	3.78	3.48	2.74	6.95	2.81	2.19	3.84	1.57	1.01
Debt to equity	-	-	-	-	-	0.07	0.10	0.05	0.07	0.13

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$267.35M	$264.05M	$308.76M	$308.12M	$261.14M	$247.50M	$289.31M	$292.57M	$238.29M	$227.46M	$274.68M	$278.28M
Selling, general and admin	$16.92M	$10.11M	$10.32M	$10.49M	$15.15M	$11.41M	$10.37M	$10.57M	$14.36M	$10.64M	$10.73M	$10.40M
Operating income	$51.47M	$58.15M	$95.46M	$108.08M	$18.02M	$51.79M	$88.02M	$100.03M	$48.17M	$42.72M	$84.48M	$97.80M
Interest expense	-	-	-	-	-	-	-	$0	$0	$2.0K	$2.0K	$6.0K
Pre-tax income	$53.76M	$60.85M	$98.48M	$111.78M	$21.66M	$55.02M	$91.40M	$103.95M	$52.33M	$46.83M	$88.20M	$100.76M
Income tax	$10.74M	$15.00M	$23.14M	$25.04M	$5.38M	$13.47M	$19.79M	$22.07M	$10.86M	$11.95M	$20.20M	$20.05M
Net income	$43.01M	$45.85M	$75.35M	$86.73M	$16.27M	$41.55M	$71.62M	$81.88M	$41.47M	$34.88M	$68.01M	$80.71M
EPS, basic	$1.67	$1.75	$2.82	$3.16	$0.59	$1.48	$2.53	$2.84	$1.43	$1.19	$2.31	$2.71
EPS, diluted	$1.67	$1.75	$2.80	$3.13	$0.58	$1.48	$2.52	$2.83	$1.42	$1.19	$2.29	$2.71
Diluted shares	25.8M	26.2M	26.9M	-	27.9M	28.1M	28.5M	-	29.2M	29.4M	29.6M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$58.76M	$171.06M	$96.14M	$111.76M	$97.28M	$192.28M	$144.51M	$324.62M	$263.58M	$241.32M	$196.21M	$146.47M
Receivables	$114.47M	$34.24M	$113.25M	$84.28M	$122.04M	$27.70M	$115.70M	$82.95M	$116.39M	$29.45M	$111.71M	$78.81M
Current assets	$297.71M	$331.46M	$379.98M	$400.18M	$433.99M	$422.48M	$436.44M	$419.98M	$393.38M	$389.82M	$444.45M	$337.52M
Goodwill	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M	$160.77M
Total assets	$894.49M	$919.18M	$967.89M	$992.30M	$1.03B	$1.02B	$1.03B	$1.02B	$992.93M	$992.69M	$1.04B	$930.46M
Current liabilities	$112.74M	$117.64M	$138.42M	$109.75M	$136.74M	$118.99M	$128.20M	$110.97M	$106.55M	$107.47M	$160.13M	$97.03M
Total liabilities	$255.09M	$249.67M	$271.70M	$245.37M	$274.75M	$243.03M	$250.74M	$234.57M	$228.79M	$233.50M	$276.12M	$212.45M
Shareholders' equity	$639.40M	$669.51M	$696.19M	$746.93M	$758.04M	$777.98M	$780.70M	$783.85M	$764.14M	$759.20M	$759.45M	$718.01M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	-$25.27M	$108.65M	$88.21M	$130.49M	-$48.63M	$124.01M	$67.63M	$135.82M	-$29.39M	$98.56M	$84.96M	$116.39M
Capital expenditures	$10.74M	$10.73M	$8.13M	$7.62M	$9.66M	$8.61M	$8.95M	$9.75M	$9.57M	$8.95M	$8.98M	$10.35M
Free cash flow	-$36.01M	$97.91M	$80.08M	$122.87M	-$58.30M	$115.39M	$58.68M	$126.07M	-$38.95M	$89.61M	$75.98M	$106.03M
Investing cash flow	-$11.54M	$41.55M	$24.08M	-$15.98M	-$6.87M	-$28.86M	-$169.89M	-$9.93M	$91.29M	-$14.73M	-$5.26M	-$9.94M
Financing cash flow	-$75.49M	-$75.28M	-$127.91M	-$100.03M	-$39.49M	-$47.38M	-$77.86M	-$64.85M	-$39.63M	-$38.73M	-$29.97M	-$16.84M
Share repurchases	$75.14M	$75.28M	$127.91M	$100.03M	$39.49M	$47.38M	$77.86M	$64.85M	$39.63M	$38.73M	$29.97M	$16.84M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	2.4%	6.7%	6.7%	5.3%	9.6%	8.8%	5.3%	5.1%	7.4%	8.0%	9.8%	7.6%
Net income growth, YoY	164.3%	10.4%	5.2%	5.9%	-60.8%	19.1%	5.3%	1.4%	16.0%	20.4%	14.2%	13.6%
EPS growth, YoY	187.9%	18.2%	11.1%	10.6%	-59.2%	24.4%	10.0%	4.4%	19.3%	24.0%	18.0%	17.3%
Operating margin	19.3%	22.0%	30.9%	35.1%	6.9%	20.9%	30.4%	34.2%	20.2%	18.8%	30.8%	35.1%
Net margin	16.1%	17.4%	24.4%	28.1%	6.2%	16.8%	24.8%	28.0%	17.4%	15.3%	24.8%	29.0%
Free cash flow margin	-13.5%	37.1%	25.9%	39.9%	-22.3%	46.6%	20.3%	43.1%	-16.3%	39.4%	27.7%	38.1%
Current ratio	2.64	2.82	2.75	3.65	3.17	3.55	3.40	3.78	3.69	3.63	2.78	3.48

Source: XBRL data Grand Canyon Education Inc. files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

LOPE peers

Company	Revenue	Growth	Net income	Net margin	Market cap
LOPE	$1.15B	+5.3%	$250.94M	21.9%	$3.00B
SESea Limited	$22.94B	+36.4%	$1.58B	6.9%	$46.38B
ITGartner Inc.	$6.44B	-0.2%	$954.41M	14.8%	$11.99B
RTORentokil Initial plc	$6.91B	+4.4%	$470.00M	6.8%	$11.91B
SCIService Corporation International	$3.31B	+3.4%	$561.30M	17.0%	$10.02B
EDUNew Oriental Education & Technology Group Inc. Sponsored ADR r	$5.66B	+15.5%	$475.17M	8.4%	$8.53B
HRBH&R Block Inc.	$3.95B	+4.9%	$733.60M	18.6%	$6.46B
TALTAL Education Group	$3.01B	+33.7%	$530.75M	17.6%	$5.63B
GHCGraham Holdings Company	$5.12B	+4.3%	$496.96M	9.7%	$5.05B

LOPE FAQ

8 questions

What is LOPE revenue?
Grand Canyon Education Inc. (LOPE) reported $1.15B of revenue for the twelve months ended Sep 30, 2026. That is up 5.3% from the year before. Revenue for fiscal 2025 was $1.11B.
Is LOPE profitable?
Yes. Grand Canyon Education Inc. earned $250.94M in net income for the twelve months ended Sep 30, 2026, a net margin of 21.9%.
How much cash and debt does LOPE have?
Grand Canyon Education Inc. reported $58.76M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is LOPE revenue growing?
Grand Canyon Education Inc.'s revenue changed +7.1% in fiscal 2025, to $1.11B. Its compound annual growth rate was +5.6% over 5 years and +3.6% over 10 years.
What is LOPE free cash flow?
Grand Canyon Education Inc. generated $264.85M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $302.07M less capital expenditures.
What is LOPE earnings per share?
Diluted earnings per share were $9.35 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did LOPE last report financial results?
The latest statements here come from Grand Canyon Education Inc.'s 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
Where does this LOPE financial data come from?
Quantisnow builds these statements from the structured XBRL data Grand Canyon Education Inc. files with the SEC. It is provided for information only and is not investment advice.