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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and Nerdy Inc. (NRDY). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $49.1M, roughly 6.3× Nerdy Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs -18.8%, a 47.0% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs 2.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-4.3M). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -4.4%).
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.
Nerdy Inc. is a leading U.S.-based edtech firm best known for operating the Varsity Tutors platform, offering live one-on-one tutoring, on-demand courses, test prep resources, and skill-building content. It serves K-12 students, higher ed learners, and working professionals across hundreds of academic and professional subject areas.
LOPE vs NRDY — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $49.1M |
| Net Profit | $86.7M | $-9.2M |
| Gross Margin | — | 51.0% |
| Operating Margin | 35.1% | -28.3% |
| Net Margin | 28.1% | -18.8% |
| Revenue YoY | 5.3% | 2.3% |
| Net Profit YoY | 5.9% | 8.9% |
| EPS (diluted) | $3.13 | $-0.07 |
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.
| Q4 25 | $308.1M | $49.1M | ||
| Q3 25 | $261.1M | $37.0M | ||
| Q2 25 | $247.5M | $45.3M | ||
| Q1 25 | $289.3M | $47.6M | ||
| Q4 24 | $292.6M | $48.0M | ||
| Q3 24 | $238.3M | $37.5M | ||
| Q2 24 | $227.5M | $51.0M | ||
| Q1 24 | $274.7M | $53.7M |
| Q4 25 | $86.7M | $-9.2M | ||
| Q3 25 | $16.3M | $-12.3M | ||
| Q2 25 | $41.5M | $-7.9M | ||
| Q1 25 | $71.6M | $-10.5M | ||
| Q4 24 | $81.9M | $-10.1M | ||
| Q3 24 | $41.5M | $-15.9M | ||
| Q2 24 | $34.9M | $-9.1M | ||
| Q1 24 | $68.0M | $-7.4M |
| Q4 25 | — | 51.0% | ||
| Q3 25 | — | 62.9% | ||
| Q2 25 | — | 61.5% | ||
| Q1 25 | — | 58.0% | ||
| Q4 24 | — | 66.6% | ||
| Q3 24 | — | 70.5% | ||
| Q2 24 | — | 65.7% | ||
| Q1 24 | — | 68.0% |
| Q4 25 | 35.1% | -28.3% | ||
| Q3 25 | 6.9% | -51.5% | ||
| Q2 25 | 20.9% | -27.1% | ||
| Q1 25 | 30.4% | -34.8% | ||
| Q4 24 | 34.2% | -34.0% | ||
| Q3 24 | 20.2% | -68.5% | ||
| Q2 24 | 18.8% | -29.9% | ||
| Q1 24 | 30.8% | -23.9% |
| Q4 25 | 28.1% | -18.8% | ||
| Q3 25 | 6.2% | -33.2% | ||
| Q2 25 | 16.8% | -17.4% | ||
| Q1 25 | 24.8% | -22.1% | ||
| Q4 24 | 28.0% | -21.1% | ||
| Q3 24 | 17.4% | -42.4% | ||
| Q2 24 | 15.3% | -17.8% | ||
| Q1 24 | 24.8% | -13.9% |
| Q4 25 | $3.13 | $-0.07 | ||
| Q3 25 | $0.58 | $-0.10 | ||
| Q2 25 | $1.48 | $-0.07 | ||
| Q1 25 | $2.52 | $-0.09 | ||
| Q4 24 | $2.83 | $-0.09 | ||
| Q3 24 | $1.42 | $-0.14 | ||
| Q2 24 | $1.19 | $-0.08 | ||
| Q1 24 | $2.29 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.8M | $47.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $746.9M | $19.0M |
| Total Assets | $992.3M | $76.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | $47.9M | ||
| Q3 25 | $97.3M | $32.7M | ||
| Q2 25 | $192.3M | $36.7M | ||
| Q1 25 | $144.5M | $44.9M | ||
| Q4 24 | $324.6M | $52.5M | ||
| Q3 24 | $263.6M | $65.0M | ||
| Q2 24 | $241.3M | $69.8M | ||
| Q1 24 | $196.2M | $77.0M |
| Q4 25 | $746.9M | $19.0M | ||
| Q3 25 | $758.0M | $24.3M | ||
| Q2 25 | $778.0M | $31.8M | ||
| Q1 25 | $780.7M | $34.4M | ||
| Q4 24 | $783.9M | $39.5M | ||
| Q3 24 | $764.1M | $43.3M | ||
| Q2 24 | $759.2M | $52.2M | ||
| Q1 24 | $759.4M | $52.8M |
| Q4 25 | $992.3M | $76.2M | ||
| Q3 25 | $1.0B | $70.4M | ||
| Q2 25 | $1.0B | $73.7M | ||
| Q1 25 | $1.0B | $83.0M | ||
| Q4 24 | $1.0B | $92.5M | ||
| Q3 24 | $992.9M | $106.8M | ||
| Q2 24 | $992.7M | $111.3M | ||
| Q1 24 | $1.0B | $121.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $130.5M | $-2.9M |
| Free Cash FlowOCF − Capex | $122.9M | $-4.3M |
| FCF MarginFCF / Revenue | 39.9% | -8.7% |
| Capex IntensityCapex / Revenue | 2.5% | 2.7% |
| Cash ConversionOCF / Net Profit | 1.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | $-24.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.5M | $-2.9M | ||
| Q3 25 | $-48.6M | $-2.4M | ||
| Q2 25 | $124.0M | $-7.0M | ||
| Q1 25 | $67.6M | $-6.4M | ||
| Q4 24 | $135.8M | $-11.3M | ||
| Q3 24 | $-29.4M | $-3.1M | ||
| Q2 24 | $98.6M | $-5.6M | ||
| Q1 24 | $85.0M | $4.4M |
| Q4 25 | $122.9M | $-4.3M | ||
| Q3 25 | $-58.3M | $-4.1M | ||
| Q2 25 | $115.4M | $-8.2M | ||
| Q1 25 | $58.7M | $-7.6M | ||
| Q4 24 | $126.1M | $-12.5M | ||
| Q3 24 | $-39.0M | $-5.0M | ||
| Q2 24 | $89.6M | $-7.1M | ||
| Q1 24 | $76.0M | $2.1M |
| Q4 25 | 39.9% | -8.7% | ||
| Q3 25 | -22.3% | -11.2% | ||
| Q2 25 | 46.6% | -18.1% | ||
| Q1 25 | 20.3% | -16.0% | ||
| Q4 24 | 43.1% | -26.0% | ||
| Q3 24 | -16.3% | -13.3% | ||
| Q2 24 | 39.4% | -14.0% | ||
| Q1 24 | 27.7% | 4.0% |
| Q4 25 | 2.5% | 2.7% | ||
| Q3 25 | 3.7% | 4.6% | ||
| Q2 25 | 3.5% | 2.6% | ||
| Q1 25 | 3.1% | 2.5% | ||
| Q4 24 | 3.3% | 2.4% | ||
| Q3 24 | 4.0% | 5.2% | ||
| Q2 24 | 3.9% | 3.0% | ||
| Q1 24 | 3.3% | 4.1% |
| 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.
