Grand Canyon Education, Inc.LOPEEarnings & Financial Report
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
LOPE Q3 2025 Key Financial Metrics
Revenue
$261.1M
Gross Profit
N/A
Operating Profit
$18.0M
Net Profit
$16.3M
Gross Margin
N/A
Operating Margin
6.9%
Net Margin
6.2%
YoY Growth
9.6%
EPS
$0.58
Financial Flow
Grand Canyon Education, Inc. Q3 2025 Financial Summary
Grand Canyon Education, Inc. reported revenue of $261.1M for Q3 2025, with a net profit of $16.3M (6.2% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $261.1M |
|---|---|
| Net Profit | $16.3M |
| Gross Margin | N/A |
| Operating Margin | 6.9% |
| Report Period | Q3 2025 |
Grand Canyon Education, Inc. Annual Revenue by Year
Grand Canyon Education, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $1.0B).
| Year | Annual Revenue |
|---|---|
| 2024 | $1.0B |
| 2023 | $960.9M |
| 2022 | $911.3M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $278.3M | $274.7M | $227.5M | $238.3M | $292.6M | $289.3M | $247.5M | $261.1M |
| YoY Growth | 7.6% | 9.8% | 8.0% | 7.4% | 5.1% | 5.3% | 8.8% | 9.6% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $930.5M | $1.04B | $992.7M | $992.9M | $1.02B | $1.03B | $1.02B | $1.03B |
| Liabilities | $212.4M | $276.1M | $233.5M | $228.8M | $234.6M | $250.7M | $243.0M | $274.8M |
| Equity | $718.0M | $759.4M | $759.2M | $764.1M | $783.9M | $780.7M | $778.0M | $758.0M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $116.4M | $85.0M | $98.6M | $-29.4M | $135.8M | $67.6M | $124.0M | $-48.6M |
