Grand Canyon Education, Inc.
LOPE- Exchange
- Nasdaq
- Industry
- Services-Educational Services
- SEC CIK
- 0001434588
No open-market purchases or sales by Grand Canyon Education, Inc. insiders were filed in the last 90 days; 452 institutions reported holding it in 13F filings for Q2 2026, worth $3.84B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:15 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 13, 2024 | Feb 16, 2023 | Feb 16, 2022 |
| Revenue | $1.11B | $1.03B | $960.9M | $911.3M | $896.6M |
| Selling, general and administrative | $47.4M | $46.3M | $43.2M | $45.5M | $41.8M |
| Operating income | $265.9M | $275.4M | $249.3M | $237.5M | $282.2M |
| Interest expense | – | – | $33.0K | $2.00K | $3.60M |
| Income tax | $63.7M | $65.1M | $54.7M | $55.4M | $70.9M |
| Net income | $216.2M | $226.2M | $205.0M | $184.7M | $260.3M |
| EPS, basic | $7.76 | $7.77 | $6.83 | $5.75 | $5.94 |
| EPS, diluted | $7.71 | $7.73 | $6.80 | $5.73 | $5.92 |
| Weighted shares, basic | 27.9M | 29.1M | 30.0M | 32.1M | 43.8M |
| Weighted shares, diluted | 28.0M | 29.3M | 30.1M | 32.2M | 44.0M |
| Margins and growth | |||||
| Operating margin | 24.0% | 26.7% | 25.9% | 26.1% | 31.5% |
| Net margin | 19.5% | 21.9% | 21.3% | 20.3% | 29.0% |
| Revenue growth, year over year | +7.1% | +7.5% | +5.4% | +1.6% | +6.2% |
| Net income growth, year over year | −4.4% | +10.4% | +11.0% | −29.1% | +1.2% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 13, 2024 | Feb 16, 2023 | Feb 16, 2022 |
| Cash and equivalents | $111.8M | $324.6M | $146.5M | $120.4M | $600.9M |
| Accounts receivable | $84.3M | $82.9M | $78.8M | $77.4M | $70.1M |
| Total current assets | $400.2M | $420.0M | $337.5M | $273.3M | $681.0M |
| Property, plant and equipment | $179.0M | $176.8M | $169.7M | $147.5M | $136.1M |
| Goodwill | $160.8M | $160.8M | $160.8M | $160.8M | $160.8M |
| Intangible assets | $151.5M | $160.0M | $168.4M | $176.8M | $185.2M |
| Total assets | $992.3M | $1.02B | $930.5M | $832.7M | $1.22B |
| Accounts payable | $24.3M | $26.7M | $17.7M | $20.0M | $24.3M |
| Total current liabilities | $109.8M | $111.0M | $97.0M | $99.7M | $97.9M |
| Total liabilities | $245.4M | $234.6M | $212.4M | $195.1M | $177.7M |
| Shareholders' equity | $746.9M | $783.9M | $718.0M | $637.6M | $1.05B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 18, 2026 | Feb 19, 2025 | Feb 13, 2024 | Feb 16, 2023 | Feb 16, 2022 |
| Operating cash flow | $273.5M | $290.0M | $243.7M | $220.8M | $313.1M |
| Capital expenditures | $34.8M | $37.2M | $44.5M | $35.2M | $28.9M |
| Free cash flow | $238.6M | $252.7M | $199.1M | $185.6M | $284.2M |
| Depreciation and amortization | $31.2M | $27.8M | $23.1M | $22.1M | $21.4M |
| Stock-based compensation | $13.6M | $14.2M | $13.2M | $12.6M | $11.5M |
| Share buybacks | $264.8M | $173.2M | $137.1M | $604.2M | $803.8M |
| Investing cash flow | -$221.6M | $61.4M | -$80.5M | -$97.1M | $951.0M |
| Financing cash flow | -$264.8M | -$173.2M | -$137.1M | -$604.2M | -$908.9M |
| Net change in cash | -$212.9M | $178.1M | $26.1M | -$480.5M | $355.2M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.2% | 1.4% | 1.4% | 1.4% | 1.3% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Nov 2, 2026 | 25.5M | −8.8% | SEC |
| Jul 28, 2026 | 26.1M | −7.2% | SEC |
| Apr 28, 2026 | 26.5M | −6.6% | SEC |
| Feb 13, 2026 | 27.1M | −5.5% | SEC |
| Nov 3, 2025 | 28.0M | −4.0% | SEC |
| Aug 1, 2025 | 28.1M | −4.7% | SEC |
| May 2, 2025 | 28.4M | −4.6% | SEC |
| Feb 14, 2025 | 28.7M | −4.3% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.