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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and PHOTRONICS INC (PLAB). 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 $210.4M, roughly 1.5× PHOTRONICS INC). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 10.9%, a 17.3% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -5.5%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $25.2M). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -3.8%).
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.
Photronics, Inc. is an American semiconductor photomask manufacturer. It was the third largest photomask supplier globally as of 2009. Photronics is a member of the eBeam Initiative.
LOPE vs PLAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $210.4M |
| Net Profit | $86.7M | $22.9M |
| Gross Margin | — | 33.7% |
| Operating Margin | 35.1% | 22.9% |
| Net Margin | 28.1% | 10.9% |
| Revenue YoY | 5.3% | -5.5% |
| Net Profit YoY | 5.9% | -32.4% |
| EPS (diluted) | $3.13 | $0.39 |
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 | — | ||
| Q3 25 | $261.1M | $210.4M | ||
| Q2 25 | $247.5M | $211.0M | ||
| Q1 25 | $289.3M | $212.1M | ||
| Q4 24 | $292.6M | $222.6M | ||
| Q3 24 | $238.3M | $211.0M | ||
| Q2 24 | $227.5M | $217.0M | ||
| Q1 24 | $274.7M | $216.3M |
| Q4 25 | $86.7M | — | ||
| Q3 25 | $16.3M | $22.9M | ||
| Q2 25 | $41.5M | $8.9M | ||
| Q1 25 | $71.6M | $42.9M | ||
| Q4 24 | $81.9M | $33.9M | ||
| Q3 24 | $41.5M | $34.4M | ||
| Q2 24 | $34.9M | $36.3M | ||
| Q1 24 | $68.0M | $26.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | 33.7% | ||
| Q2 25 | — | 36.9% | ||
| Q1 25 | — | 35.6% | ||
| Q4 24 | — | 37.0% | ||
| Q3 24 | — | 35.6% | ||
| Q2 24 | — | 36.5% | ||
| Q1 24 | — | 36.6% |
| Q4 25 | 35.1% | — | ||
| Q3 25 | 6.9% | 22.9% | ||
| Q2 25 | 20.9% | 26.4% | ||
| Q1 25 | 30.4% | 24.6% | ||
| Q4 24 | 34.2% | 25.1% | ||
| Q3 24 | 20.2% | 24.7% | ||
| Q2 24 | 18.8% | 25.8% | ||
| Q1 24 | 30.8% | 26.6% |
| Q4 25 | 28.1% | — | ||
| Q3 25 | 6.2% | 10.9% | ||
| Q2 25 | 16.8% | 4.2% | ||
| Q1 25 | 24.8% | 20.2% | ||
| Q4 24 | 28.0% | 15.2% | ||
| Q3 24 | 17.4% | 16.3% | ||
| Q2 24 | 15.3% | 16.7% | ||
| Q1 24 | 24.8% | 12.1% |
| Q4 25 | $3.13 | — | ||
| Q3 25 | $0.58 | $0.39 | ||
| Q2 25 | $1.48 | $0.15 | ||
| Q1 25 | $2.52 | $0.68 | ||
| Q4 24 | $2.83 | $0.54 | ||
| Q3 24 | $1.42 | $0.55 | ||
| Q2 24 | $1.19 | $0.58 | ||
| Q1 24 | $2.29 | $0.42 |
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 | $575.8M |
| Total DebtLower is stronger | — | $16.0K |
| Stockholders' EquityBook value | $746.9M | $1.1B |
| Total Assets | $992.3M | $1.8B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | — | ||
| Q3 25 | $97.3M | $575.8M | ||
| Q2 25 | $192.3M | $558.4M | ||
| Q1 25 | $144.5M | $642.2M | ||
| Q4 24 | $324.6M | $640.7M | ||
| Q3 24 | $263.6M | $606.4M | ||
| Q2 24 | $241.3M | $559.9M | ||
| Q1 24 | $196.2M | $521.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $16.0K | ||
| Q2 25 | — | $19.0K | ||
| Q1 25 | — | $21.0K | ||
| Q4 24 | — | $25.0K | ||
| Q3 24 | — | $28.0K | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $2.7M |
| Q4 25 | $746.9M | — | ||
| Q3 25 | $758.0M | $1.1B | ||
| Q2 25 | $778.0M | $1.1B | ||
| Q1 25 | $780.7M | $1.1B | ||
| Q4 24 | $783.9M | $1.1B | ||
| Q3 24 | $764.1M | $1.1B | ||
| Q2 24 | $759.2M | $1.0B | ||
| Q1 24 | $759.4M | $1.0B |
| Q4 25 | $992.3M | — | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $992.9M | $1.6B | ||
| Q2 24 | $992.7M | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
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 | $50.1M |
| Free Cash FlowOCF − Capex | $122.9M | $25.2M |
| FCF MarginFCF / Revenue | 39.9% | 12.0% |
| Capex IntensityCapex / Revenue | 2.5% | 11.8% |
| Cash ConversionOCF / Net Profit | 1.50× | 2.19× |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | $64.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.5M | — | ||
| Q3 25 | $-48.6M | $50.1M | ||
| Q2 25 | $124.0M | $31.5M | ||
| Q1 25 | $67.6M | $78.5M | ||
| Q4 24 | $135.8M | $68.4M | ||
| Q3 24 | $-29.4M | $75.1M | ||
| Q2 24 | $98.6M | $76.5M | ||
| Q1 24 | $85.0M | $41.5M |
| Q4 25 | $122.9M | — | ||
| Q3 25 | $-58.3M | $25.2M | ||
| Q2 25 | $115.4M | $-29.1M | ||
| Q1 25 | $58.7M | $43.3M | ||
| Q4 24 | $126.1M | $25.2M | ||
| Q3 24 | $-39.0M | $50.7M | ||
| Q2 24 | $89.6M | $56.5M | ||
| Q1 24 | $76.0M | $-1.8M |
| Q4 25 | 39.9% | — | ||
| Q3 25 | -22.3% | 12.0% | ||
| Q2 25 | 46.6% | -13.8% | ||
| Q1 25 | 20.3% | 20.4% | ||
| Q4 24 | 43.1% | 11.3% | ||
| Q3 24 | -16.3% | 24.0% | ||
| Q2 24 | 39.4% | 26.0% | ||
| Q1 24 | 27.7% | -0.8% |
| Q4 25 | 2.5% | — | ||
| Q3 25 | 3.7% | 11.8% | ||
| Q2 25 | 3.5% | 28.7% | ||
| Q1 25 | 3.1% | 16.6% | ||
| Q4 24 | 3.3% | 19.4% | ||
| Q3 24 | 4.0% | 11.6% | ||
| Q2 24 | 3.9% | 9.2% | ||
| Q1 24 | 3.3% | 20.0% |
| Q4 25 | 1.50× | — | ||
| Q3 25 | -2.99× | 2.19× | ||
| Q2 25 | 2.98× | 3.55× | ||
| Q1 25 | 0.94× | 1.83× | ||
| Q4 24 | 1.66× | 2.02× | ||
| Q3 24 | -0.71× | 2.18× | ||
| Q2 24 | 2.83× | 2.11× | ||
| Q1 24 | 1.25× | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOPE
Segment breakdown not available.
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
