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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Skyward Specialty Insurance Group, Inc. is the larger business by last-quarter revenue ($475.9M vs $308.1M, roughly 1.5× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 10.5%, a 17.7% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (44.8% vs 5.3%). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (30.4% CAGR vs 5.9%).
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.
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
LOPE vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $475.9M |
| Net Profit | $86.7M | $49.7M |
| Gross Margin | — | — |
| Operating Margin | 35.1% | 14.9% |
| Net Margin | 28.1% | 10.5% |
| Revenue YoY | 5.3% | 44.8% |
| Net Profit YoY | 5.9% | — |
| EPS (diluted) | $3.13 | $1.09 |
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.
| Q1 26 | — | $475.9M | ||
| Q4 25 | $308.1M | $385.6M | ||
| Q3 25 | $261.1M | $382.5M | ||
| Q2 25 | $247.5M | $319.9M | ||
| Q1 25 | $289.3M | $328.5M | ||
| Q4 24 | $292.6M | $304.4M | ||
| Q3 24 | $238.3M | $300.9M | ||
| Q2 24 | $227.5M | $279.9M |
| Q1 26 | — | $49.7M | ||
| Q4 25 | $86.7M | $43.2M | ||
| Q3 25 | $16.3M | $45.9M | ||
| Q2 25 | $41.5M | $38.8M | ||
| Q1 25 | $71.6M | $42.1M | ||
| Q4 24 | $81.9M | $14.4M | ||
| Q3 24 | $41.5M | $36.7M | ||
| Q2 24 | $34.9M | $31.0M |
| Q1 26 | — | 14.9% | ||
| Q4 25 | 35.1% | 14.2% | ||
| Q3 25 | 6.9% | 15.8% | ||
| Q2 25 | 20.9% | 15.6% | ||
| Q1 25 | 30.4% | 15.7% | ||
| Q4 24 | 34.2% | 6.1% | ||
| Q3 24 | 20.2% | 15.6% | ||
| Q2 24 | 18.8% | 14.4% |
| Q1 26 | — | 10.5% | ||
| Q4 25 | 28.1% | 11.2% | ||
| Q3 25 | 6.2% | 12.0% | ||
| Q2 25 | 16.8% | 12.1% | ||
| Q1 25 | 24.8% | 12.8% | ||
| Q4 24 | 28.0% | 4.7% | ||
| Q3 24 | 17.4% | 12.2% | ||
| Q2 24 | 15.3% | 11.1% |
| Q1 26 | — | $1.09 | ||
| Q4 25 | $3.13 | $1.03 | ||
| Q3 25 | $0.58 | $1.10 | ||
| Q2 25 | $1.48 | $0.93 | ||
| Q1 25 | $2.52 | $1.01 | ||
| Q4 24 | $2.83 | $0.33 | ||
| Q3 24 | $1.42 | $0.89 | ||
| Q2 24 | $1.19 | $0.75 |
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 | $4.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $746.9M | $1.2B |
| Total Assets | $992.3M | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.1M | ||
| Q4 25 | $111.8M | $168.5M | ||
| Q3 25 | $97.3M | $160.1M | ||
| Q2 25 | $192.3M | $136.6M | ||
| Q1 25 | $144.5M | $112.9M | ||
| Q4 24 | $324.6M | $121.6M | ||
| Q3 24 | $263.6M | $105.6M | ||
| Q2 24 | $241.3M | $73.0M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $746.9M | $1.0B | ||
| Q3 25 | $758.0M | $961.4M | ||
| Q2 25 | $778.0M | $899.9M | ||
| Q1 25 | $780.7M | $850.7M | ||
| Q4 24 | $783.9M | $794.0M | ||
| Q3 24 | $764.1M | $797.5M | ||
| Q2 24 | $759.2M | $723.6M |
| Q1 26 | — | $6.5B | ||
| Q4 25 | $992.3M | $4.8B | ||
| Q3 25 | $1.0B | $4.6B | ||
| Q2 25 | $1.0B | $4.3B | ||
| Q1 25 | $1.0B | $4.0B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $992.9M | $3.6B | ||
| Q2 24 | $992.7M | $3.4B |
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 | — |
| Free Cash FlowOCF − Capex | $122.9M | — |
| FCF MarginFCF / Revenue | 39.9% | — |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $130.5M | $408.1M | ||
| Q3 25 | $-48.6M | $171.4M | ||
| Q2 25 | $124.0M | $88.2M | ||
| Q1 25 | $67.6M | $96.8M | ||
| Q4 24 | $135.8M | $305.1M | ||
| Q3 24 | $-29.4M | $168.0M | ||
| Q2 24 | $98.6M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $122.9M | $402.6M | ||
| Q3 25 | $-58.3M | $168.9M | ||
| Q2 25 | $115.4M | $87.1M | ||
| Q1 25 | $58.7M | $96.6M | ||
| Q4 24 | $126.1M | $300.9M | ||
| Q3 24 | $-39.0M | $167.6M | ||
| Q2 24 | $89.6M | $18.4M |
| Q1 26 | — | — | ||
| Q4 25 | 39.9% | 104.4% | ||
| Q3 25 | -22.3% | 44.2% | ||
| Q2 25 | 46.6% | 27.2% | ||
| Q1 25 | 20.3% | 29.4% | ||
| Q4 24 | 43.1% | 98.8% | ||
| Q3 24 | -16.3% | 55.7% | ||
| Q2 24 | 39.4% | 6.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 1.4% | ||
| Q3 25 | 3.7% | 0.6% | ||
| Q2 25 | 3.5% | 0.3% | ||
| Q1 25 | 3.1% | 0.1% | ||
| Q4 24 | 3.3% | 1.4% | ||
| Q3 24 | 4.0% | 0.1% | ||
| Q2 24 | 3.9% | 0.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.50× | 9.44× | ||
| Q3 25 | -2.99× | 3.73× | ||
| Q2 25 | 2.98× | 2.27× | ||
| Q1 25 | 0.94× | 2.30× | ||
| Q4 24 | 1.66× | 21.18× | ||
| Q3 24 | -0.71× | 4.58× | ||
| Q2 24 | 2.83× | 0.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
