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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and Maxeon Solar Technologies, Ltd. (MAXN). Click either name above to swap in a different company.

Maxeon Solar Technologies, Ltd. is the larger business by last-quarter revenue ($509.0M vs $308.1M, roughly 1.7× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs -120.7%, a 148.8% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -54.7%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-322.3M).

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.

Maxeon Solar Technologies, Ltd. is a Singapore-based company that designs and manufactures photovoltaic panels. The company was previously a division of the American company SunPower. Maxeon was spun off from SunPower in August 2020. Maxeon was the primary provider of solar panels for SunPower through March 2024. Beyond the United States, Maxeon has sales operations in more than 100 countries and has the rights to use the SunPower brand in countries outside the United States.

LOPE vs MAXN — Head-to-Head

Bigger by revenue
MAXN
MAXN
1.7× larger
MAXN
$509.0M
$308.1M
LOPE
Growing faster (revenue YoY)
LOPE
LOPE
+60.0% gap
LOPE
5.3%
-54.7%
MAXN
Higher net margin
LOPE
LOPE
148.8% more per $
LOPE
28.1%
-120.7%
MAXN
More free cash flow
LOPE
LOPE
$445.2M more FCF
LOPE
$122.9M
$-322.3M
MAXN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
LOPE
LOPE
MAXN
MAXN
Revenue
$308.1M
$509.0M
Net Profit
$86.7M
$-614.3M
Gross Margin
Operating Margin
35.1%
-113.3%
Net Margin
28.1%
-120.7%
Revenue YoY
5.3%
-54.7%
Net Profit YoY
5.9%
-122.7%
EPS (diluted)
$3.13
$-96.00

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
MAXN
MAXN
Q4 25
$308.1M
Q3 25
$261.1M
Q2 25
$247.5M
Q1 25
$289.3M
Q4 24
$292.6M
$509.0M
Q3 24
$238.3M
Q2 24
$227.5M
Q1 24
$274.7M
Net Profit
LOPE
LOPE
MAXN
MAXN
Q4 25
$86.7M
Q3 25
$16.3M
Q2 25
$41.5M
Q1 25
$71.6M
Q4 24
$81.9M
$-614.3M
Q3 24
$41.5M
Q2 24
$34.9M
Q1 24
$68.0M
Operating Margin
LOPE
LOPE
MAXN
MAXN
Q4 25
35.1%
Q3 25
6.9%
Q2 25
20.9%
Q1 25
30.4%
Q4 24
34.2%
-113.3%
Q3 24
20.2%
Q2 24
18.8%
Q1 24
30.8%
Net Margin
LOPE
LOPE
MAXN
MAXN
Q4 25
28.1%
Q3 25
6.2%
Q2 25
16.8%
Q1 25
24.8%
Q4 24
28.0%
-120.7%
Q3 24
17.4%
Q2 24
15.3%
Q1 24
24.8%
EPS (diluted)
LOPE
LOPE
MAXN
MAXN
Q4 25
$3.13
Q3 25
$0.58
Q2 25
$1.48
Q1 25
$2.52
Q4 24
$2.83
$-96.00
Q3 24
$1.42
Q2 24
$1.19
Q1 24
$2.29

Balance Sheet & Financial Strength

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

Metric
LOPE
LOPE
MAXN
MAXN
Cash + ST InvestmentsLiquidity on hand
$111.8M
$28.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$746.9M
$-293.8M
Total Assets
$992.3M
$376.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
MAXN
MAXN
Q4 25
$111.8M
Q3 25
$97.3M
Q2 25
$192.3M
Q1 25
$144.5M
Q4 24
$324.6M
$28.9M
Q3 24
$263.6M
Q2 24
$241.3M
Q1 24
$196.2M
Stockholders' Equity
LOPE
LOPE
MAXN
MAXN
Q4 25
$746.9M
Q3 25
$758.0M
Q2 25
$778.0M
Q1 25
$780.7M
Q4 24
$783.9M
$-293.8M
Q3 24
$764.1M
Q2 24
$759.2M
Q1 24
$759.4M
Total Assets
LOPE
LOPE
MAXN
MAXN
Q4 25
$992.3M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
$376.3M
Q3 24
$992.9M
Q2 24
$992.7M
Q1 24
$1.0B

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
MAXN
MAXN
Operating Cash FlowLast quarter
$130.5M
$-270.2M
Free Cash FlowOCF − Capex
$122.9M
$-322.3M
FCF MarginFCF / Revenue
39.9%
-63.3%
Capex IntensityCapex / Revenue
2.5%
10.2%
Cash ConversionOCF / Net Profit
1.50×
TTM Free Cash FlowTrailing 4 quarters
$238.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
MAXN
MAXN
Q4 25
$130.5M
Q3 25
$-48.6M
Q2 25
$124.0M
Q1 25
$67.6M
Q4 24
$135.8M
$-270.2M
Q3 24
$-29.4M
Q2 24
$98.6M
Q1 24
$85.0M
Free Cash Flow
LOPE
LOPE
MAXN
MAXN
Q4 25
$122.9M
Q3 25
$-58.3M
Q2 25
$115.4M
Q1 25
$58.7M
Q4 24
$126.1M
$-322.3M
Q3 24
$-39.0M
Q2 24
$89.6M
Q1 24
$76.0M
FCF Margin
LOPE
LOPE
MAXN
MAXN
Q4 25
39.9%
Q3 25
-22.3%
Q2 25
46.6%
Q1 25
20.3%
Q4 24
43.1%
-63.3%
Q3 24
-16.3%
Q2 24
39.4%
Q1 24
27.7%
Capex Intensity
LOPE
LOPE
MAXN
MAXN
Q4 25
2.5%
Q3 25
3.7%
Q2 25
3.5%
Q1 25
3.1%
Q4 24
3.3%
10.2%
Q3 24
4.0%
Q2 24
3.9%
Q1 24
3.3%
Cash Conversion
LOPE
LOPE
MAXN
MAXN
Q4 25
1.50×
Q3 25
-2.99×
Q2 25
2.98×
Q1 25
0.94×
Q4 24
1.66×
Q3 24
-0.71×
Q2 24
2.83×
Q1 24
1.25×

Financial Flow Comparison

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

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