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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and BRC Group Holdings, Inc. (RILY). 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 $188.3M, roughly 1.6× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 28.1%, a 19.8% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -21.9%). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -15.4%).
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.
LOPE vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $188.3M |
| Net Profit | $86.7M | $90.3M |
| Gross Margin | — | 79.5% |
| Operating Margin | 35.1% | 32.3% |
| Net Margin | 28.1% | 47.9% |
| Revenue YoY | 5.3% | -21.9% |
| Net Profit YoY | 5.9% | 1710.8% |
| EPS (diluted) | $3.13 | $2.78 |
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 | $188.3M | ||
| Q3 25 | $261.1M | $215.3M | ||
| Q2 25 | $247.5M | $188.2M | ||
| Q1 25 | $289.3M | $197.2M | ||
| Q4 24 | $292.6M | $241.0M | ||
| Q3 24 | $238.3M | $225.5M | ||
| Q2 24 | $227.5M | $256.0M | ||
| Q1 24 | $274.7M | $263.4M |
| Q4 25 | $86.7M | $90.3M | ||
| Q3 25 | $16.3M | $91.1M | ||
| Q2 25 | $41.5M | $139.5M | ||
| Q1 25 | $71.6M | $-10.0M | ||
| Q4 24 | $81.9M | $-5.6M | ||
| Q3 24 | $41.5M | $-284.4M | ||
| Q2 24 | $34.9M | $-433.6M | ||
| Q1 24 | $68.0M | $-49.2M |
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | 35.1% | 32.3% | ||
| Q3 25 | 6.9% | 30.4% | ||
| Q2 25 | 20.9% | 5.7% | ||
| Q1 25 | 30.4% | -31.2% | ||
| Q4 24 | 34.2% | -69.2% | ||
| Q3 24 | 20.2% | -36.4% | ||
| Q2 24 | 18.8% | -90.8% | ||
| Q1 24 | 30.8% | -6.1% |
| Q4 25 | 28.1% | 47.9% | ||
| Q3 25 | 6.2% | 42.3% | ||
| Q2 25 | 16.8% | 74.1% | ||
| Q1 25 | 24.8% | -5.1% | ||
| Q4 24 | 28.0% | -2.3% | ||
| Q3 24 | 17.4% | -126.1% | ||
| Q2 24 | 15.3% | -169.4% | ||
| Q1 24 | 24.8% | -18.7% |
| Q4 25 | $3.13 | $2.78 | ||
| Q3 25 | $0.58 | $2.91 | ||
| Q2 25 | $1.48 | $4.50 | ||
| Q1 25 | $2.52 | $-0.39 | ||
| Q4 24 | $2.83 | $-0.01 | ||
| Q3 24 | $1.42 | $-9.39 | ||
| Q2 24 | $1.19 | $-14.35 | ||
| Q1 24 | $2.29 | $-1.71 |
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 | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $746.9M | $-171.5M |
| Total Assets | $992.3M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | $226.6M | ||
| Q3 25 | $97.3M | $184.2M | ||
| Q2 25 | $192.3M | $267.4M | ||
| Q1 25 | $144.5M | $138.3M | ||
| Q4 24 | $324.6M | $146.9M | ||
| Q3 24 | $263.6M | $159.2M | ||
| Q2 24 | $241.3M | $236.9M | ||
| Q1 24 | $196.2M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $746.9M | $-171.5M | ||
| Q3 25 | $758.0M | $-260.5M | ||
| Q2 25 | $778.0M | $-351.7M | ||
| Q1 25 | $780.7M | $-496.8M | ||
| Q4 24 | $783.9M | $-488.2M | ||
| Q3 24 | $764.1M | $-497.6M | ||
| Q2 24 | $759.2M | $-218.3M | ||
| Q1 24 | $759.4M | $228.4M |
| Q4 25 | $992.3M | $1.7B | ||
| Q3 25 | $1.0B | $1.7B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $1.0B | $1.5B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $992.9M | $2.2B | ||
| Q2 24 | $992.7M | $3.2B | ||
| Q1 24 | $1.0B | $5.0B |
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 | $26.2M |
| Free Cash FlowOCF − Capex | $122.9M | — |
| FCF MarginFCF / Revenue | 39.9% | — |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.50× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.5M | $26.2M | ||
| Q3 25 | $-48.6M | $-60.6M | ||
| Q2 25 | $124.0M | $-25.6M | ||
| Q1 25 | $67.6M | $184.0K | ||
| Q4 24 | $135.8M | $-2.7M | ||
| Q3 24 | $-29.4M | $19.5M | ||
| Q2 24 | $98.6M | $111.5M | ||
| Q1 24 | $85.0M | $135.4M |
| Q4 25 | $122.9M | — | ||
| Q3 25 | $-58.3M | — | ||
| Q2 25 | $115.4M | — | ||
| Q1 25 | $58.7M | — | ||
| Q4 24 | $126.1M | — | ||
| Q3 24 | $-39.0M | — | ||
| Q2 24 | $89.6M | — | ||
| Q1 24 | $76.0M | — |
| Q4 25 | 39.9% | — | ||
| Q3 25 | -22.3% | — | ||
| Q2 25 | 46.6% | — | ||
| Q1 25 | 20.3% | — | ||
| Q4 24 | 43.1% | — | ||
| Q3 24 | -16.3% | — | ||
| Q2 24 | 39.4% | — | ||
| Q1 24 | 27.7% | — |
| Q4 25 | 2.5% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 3.9% | — | ||
| Q1 24 | 3.3% | — |
| Q4 25 | 1.50× | 0.29× | ||
| Q3 25 | -2.99× | -0.66× | ||
| Q2 25 | 2.98× | -0.18× | ||
| 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.
Revenue Breakdown by Segment
LOPE
Segment breakdown not available.
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
