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.
Revenue
$247.5M
Gross Profit
N/A
Operating Profit
$51.8M
Net Profit
$41.5M
Gross Margin
N/A
Operating Margin
20.9%
Net Margin
16.8%
YoY Growth
8.8%
EPS
$1.48
Grand Canyon Education, Inc. Q2 FY2025 Financial Summary
Grand Canyon Education, Inc. reported revenue of $247.5M (up 8.8% YoY) for Q2 FY2025, with a net profit of $41.5M (up 19.1% YoY) (16.8% margin).
Key Financial Metrics
| Total Revenue | $247.5M |
|---|---|
| Net Profit | $41.5M |
| Gross Margin | N/A |
| Operating Margin | 20.9% |
| Report Period | Q2 FY2025 |
Grand Canyon Education, Inc. Annual Revenue by Year
Grand Canyon Education, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.0B |
| 2023 | $960.9M |
| 2022 | $911.3M |
Grand Canyon Education, Inc. Quarterly Revenue & Net Profit History
Grand Canyon Education, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $308.1M | +5.3% | $86.7M | 28.1% |
| Q3 FY2025 | $261.1M | +9.6% | $16.3M | 6.2% |
| Q2 FY2025 | $247.5M | +8.8% | $41.5M | 16.8% |
| Q1 FY2025 | $289.3M | +5.3% | $71.6M | 24.8% |
| Q4 FY2024 | $292.6M | +5.1% | $81.9M | 28.0% |
| Q3 FY2024 | $238.3M | +7.4% | $41.5M | 17.4% |
| Q2 FY2024 | $227.5M | +8.0% | $34.9M | 15.3% |
| Q1 FY2024 | $274.7M | +9.8% | $68.0M | 24.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $274.7M | $227.5M | $238.3M | $292.6M | $289.3M | $247.5M | $261.1M | $308.1M |
| YoY Growth | 9.8% | 8.0% | 7.4% | 5.1% | 5.3% | 8.8% | 9.6% | 5.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.04B | $992.7M | $992.9M | $1.02B | $1.03B | $1.02B | $1.03B | $992.3M |
| Liabilities | $276.1M | $233.5M | $228.8M | $234.6M | $250.7M | $243.0M | $274.8M | $245.4M |
| Equity | $759.4M | $759.2M | $764.1M | $783.9M | $780.7M | $778.0M | $758.0M | $746.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $85.0M | $98.6M | $-29.4M | $135.8M | $67.6M | $124.0M | $-48.6M | $130.5M |