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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and MASIMO CORP (MASI). Click either name above to swap in a different company.

MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $308.1M, roughly 1.2× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs -27.0%, a 55.2% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -26.4%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $50.9M). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -17.7%).

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.

Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.

LOPE vs MASI — Head-to-Head

Bigger by revenue
MASI
MASI
1.2× larger
MASI
$371.5M
$308.1M
LOPE
Growing faster (revenue YoY)
LOPE
LOPE
+31.7% gap
LOPE
5.3%
-26.4%
MASI
Higher net margin
LOPE
LOPE
55.2% more per $
LOPE
28.1%
-27.0%
MASI
More free cash flow
LOPE
LOPE
$72.0M more FCF
LOPE
$122.9M
$50.9M
MASI
Faster 2-yr revenue CAGR
LOPE
LOPE
Annualised
LOPE
5.9%
-17.7%
MASI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
LOPE
LOPE
MASI
MASI
Revenue
$308.1M
$371.5M
Net Profit
$86.7M
$-100.4M
Gross Margin
62.1%
Operating Margin
35.1%
22.5%
Net Margin
28.1%
-27.0%
Revenue YoY
5.3%
-26.4%
Net Profit YoY
5.9%
-1124.5%
EPS (diluted)
$3.13
$-1.84

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LOPE
LOPE
MASI
MASI
Q4 25
$308.1M
Q3 25
$261.1M
$371.5M
Q2 25
$247.5M
$370.9M
Q1 25
$289.3M
$372.0M
Q4 24
$292.6M
$600.7M
Q3 24
$238.3M
$504.6M
Q2 24
$227.5M
$496.3M
Q1 24
$274.7M
$492.8M
Net Profit
LOPE
LOPE
MASI
MASI
Q4 25
$86.7M
Q3 25
$16.3M
$-100.4M
Q2 25
$41.5M
$51.3M
Q1 25
$71.6M
$-170.7M
Q4 24
$81.9M
$-349.6M
Q3 24
$41.5M
$9.8M
Q2 24
$34.9M
$16.0M
Q1 24
$68.0M
$18.9M
Gross Margin
LOPE
LOPE
MASI
MASI
Q4 25
Q3 25
62.1%
Q2 25
62.9%
Q1 25
62.9%
Q4 24
40.7%
Q3 24
52.2%
Q2 24
51.3%
Q1 24
49.0%
Operating Margin
LOPE
LOPE
MASI
MASI
Q4 25
35.1%
Q3 25
6.9%
22.5%
Q2 25
20.9%
17.4%
Q1 25
30.4%
21.0%
Q4 24
34.2%
-59.8%
Q3 24
20.2%
6.0%
Q2 24
18.8%
5.7%
Q1 24
30.8%
6.9%
Net Margin
LOPE
LOPE
MASI
MASI
Q4 25
28.1%
Q3 25
6.2%
-27.0%
Q2 25
16.8%
13.8%
Q1 25
24.8%
-45.9%
Q4 24
28.0%
-58.2%
Q3 24
17.4%
1.9%
Q2 24
15.3%
3.2%
Q1 24
24.8%
3.8%
EPS (diluted)
LOPE
LOPE
MASI
MASI
Q4 25
$3.13
Q3 25
$0.58
$-1.84
Q2 25
$1.48
$0.94
Q1 25
$2.52
$-3.12
Q4 24
$2.83
$-6.54
Q3 24
$1.42
$0.18
Q2 24
$1.19
$0.29
Q1 24
$2.29
$0.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LOPE
LOPE
MASI
MASI
Cash + ST InvestmentsLiquidity on hand
$111.8M
$312.3M
Total DebtLower is stronger
$559.1M
Stockholders' EquityBook value
$746.9M
$810.0M
Total Assets
$992.3M
$1.8B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
MASI
MASI
Q4 25
$111.8M
Q3 25
$97.3M
$312.3M
Q2 25
$192.3M
$149.6M
Q1 25
$144.5M
$130.8M
Q4 24
$324.6M
$177.6M
Q3 24
$263.6M
$158.5M
Q2 24
$241.3M
$129.6M
Q1 24
$196.2M
$157.6M
Total Debt
LOPE
LOPE
MASI
MASI
Q4 25
Q3 25
$559.1M
Q2 25
$613.7M
Q1 25
$651.0M
Q4 24
$765.2M
Q3 24
$772.6M
Q2 24
$781.6M
Q1 24
$876.0M
Stockholders' Equity
LOPE
LOPE
MASI
MASI
Q4 25
$746.9M
Q3 25
$758.0M
$810.0M
Q2 25
$778.0M
$1.0B
Q1 25
$780.7M
$946.4M
Q4 24
$783.9M
$1.1B
Q3 24
$764.1M
$1.5B
Q2 24
$759.2M
$1.4B
Q1 24
$759.4M
$1.4B
Total Assets
LOPE
LOPE
MASI
MASI
Q4 25
$992.3M
Q3 25
$1.0B
$1.8B
Q2 25
$1.0B
$2.4B
Q1 25
$1.0B
$2.3B
Q4 24
$1.0B
$2.6B
Q3 24
$992.9M
$3.1B
Q2 24
$992.7M
$2.9B
Q1 24
$1.0B
$3.0B
Debt / Equity
LOPE
LOPE
MASI
MASI
Q4 25
Q3 25
0.69×
Q2 25
0.59×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.53×
Q2 24
0.57×
Q1 24
0.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LOPE
LOPE
MASI
MASI
Operating Cash FlowLast quarter
$130.5M
$56.8M
Free Cash FlowOCF − Capex
$122.9M
$50.9M
FCF MarginFCF / Revenue
39.9%
13.7%
Capex IntensityCapex / Revenue
2.5%
1.6%
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters
$238.6M
$191.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
MASI
MASI
Q4 25
$130.5M
Q3 25
$-48.6M
$56.8M
Q2 25
$124.0M
$69.4M
Q1 25
$67.6M
$31.1M
Q4 24
$135.8M
$50.5M
Q3 24
$-29.4M
$25.6M
Q2 24
$98.6M
$74.5M
Q1 24
$85.0M
$45.8M
Free Cash Flow
LOPE
LOPE
MASI
MASI
Q4 25
$122.9M
Q3 25
$-58.3M
$50.9M
Q2 25
$115.4M
$65.6M
Q1 25
$58.7M
$28.5M
Q4 24
$126.1M
$46.0M
Q3 24
$-39.0M
$16.9M
Q2 24
$89.6M
$66.9M
Q1 24
$76.0M
$37.6M
FCF Margin
LOPE
LOPE
MASI
MASI
Q4 25
39.9%
Q3 25
-22.3%
13.7%
Q2 25
46.6%
17.7%
Q1 25
20.3%
7.7%
Q4 24
43.1%
7.7%
Q3 24
-16.3%
3.3%
Q2 24
39.4%
13.5%
Q1 24
27.7%
7.6%
Capex Intensity
LOPE
LOPE
MASI
MASI
Q4 25
2.5%
Q3 25
3.7%
1.6%
Q2 25
3.5%
1.0%
Q1 25
3.1%
0.7%
Q4 24
3.3%
0.7%
Q3 24
4.0%
1.7%
Q2 24
3.9%
1.5%
Q1 24
3.3%
1.7%
Cash Conversion
LOPE
LOPE
MASI
MASI
Q4 25
1.50×
Q3 25
-2.99×
Q2 25
2.98×
1.35×
Q1 25
0.94×
Q4 24
1.66×
Q3 24
-0.71×
2.61×
Q2 24
2.83×
4.66×
Q1 24
1.25×
2.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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