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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and SelectQuote, Inc. (SLQT). Click either name above to swap in a different company.

SelectQuote, Inc. is the larger business by last-quarter revenue ($537.1M vs $308.1M, roughly 1.7× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 12.9%, a 15.2% gap on every dollar of revenue. On growth, SelectQuote, Inc. posted the faster year-over-year revenue change (11.6% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-1.0M). Over the past eight quarters, SelectQuote, Inc.'s revenue compounded faster (19.5% 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.

SelectQuote is a direct-to-consumer distribution platform for selling insurance policies and healthcare services. Their insurance business earns commissions by connecting consumers with insurance carriers that provide senior health, life, automobile, and home insurance. The healthcare services business mainly consists of SelectRx, an accredited pharmacy. The company went public on May 21, 2020.

LOPE vs SLQT — Head-to-Head

Bigger by revenue
SLQT
SLQT
1.7× larger
SLQT
$537.1M
$308.1M
LOPE
Growing faster (revenue YoY)
SLQT
SLQT
+6.3% gap
SLQT
11.6%
5.3%
LOPE
Higher net margin
LOPE
LOPE
15.2% more per $
LOPE
28.1%
12.9%
SLQT
More free cash flow
LOPE
LOPE
$123.9M more FCF
LOPE
$122.9M
$-1.0M
SLQT
Faster 2-yr revenue CAGR
SLQT
SLQT
Annualised
SLQT
19.5%
5.9%
LOPE

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
LOPE
LOPE
SLQT
SLQT
Revenue
$308.1M
$537.1M
Net Profit
$86.7M
$69.3M
Gross Margin
61.8%
Operating Margin
35.1%
14.0%
Net Margin
28.1%
12.9%
Revenue YoY
5.3%
11.6%
Net Profit YoY
5.9%
30.2%
EPS (diluted)
$3.13
$0.26

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
SLQT
SLQT
Q4 25
$308.1M
$537.1M
Q3 25
$261.1M
$328.8M
Q2 25
$247.5M
$345.1M
Q1 25
$289.3M
$408.2M
Q4 24
$292.6M
$481.1M
Q3 24
$238.3M
$292.3M
Q2 24
$227.5M
$307.2M
Q1 24
$274.7M
$376.4M
Net Profit
LOPE
LOPE
SLQT
SLQT
Q4 25
$86.7M
$69.3M
Q3 25
$16.3M
$-30.5M
Q2 25
$41.5M
$12.9M
Q1 25
$71.6M
$26.0M
Q4 24
$81.9M
$53.2M
Q3 24
$41.5M
$-44.5M
Q2 24
$34.9M
$-31.0M
Q1 24
$68.0M
$8.6M
Gross Margin
LOPE
LOPE
SLQT
SLQT
Q4 25
61.8%
Q3 25
41.4%
Q2 25
47.2%
Q1 25
60.2%
Q4 24
67.5%
Q3 24
55.7%
Q2 24
60.7%
Q1 24
71.8%
Operating Margin
LOPE
LOPE
SLQT
SLQT
Q4 25
35.1%
14.0%
Q3 25
6.9%
-12.4%
Q2 25
20.9%
-3.6%
Q1 25
30.4%
5.4%
Q4 24
34.2%
14.7%
Q3 24
20.2%
-4.1%
Q2 24
18.8%
-0.5%
Q1 24
30.8%
8.8%
Net Margin
LOPE
LOPE
SLQT
SLQT
Q4 25
28.1%
12.9%
Q3 25
6.2%
-9.3%
Q2 25
16.8%
3.7%
Q1 25
24.8%
6.4%
Q4 24
28.0%
11.1%
Q3 24
17.4%
-15.2%
Q2 24
15.3%
-10.1%
Q1 24
24.8%
2.3%
EPS (diluted)
LOPE
LOPE
SLQT
SLQT
Q4 25
$3.13
$0.26
Q3 25
$0.58
$-0.26
Q2 25
$1.48
$-0.06
Q1 25
$2.52
$0.03
Q4 24
$2.83
$0.30
Q3 24
$1.42
$-0.26
Q2 24
$1.19
$-0.17
Q1 24
$2.29
$0.05

Balance Sheet & Financial Strength

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

Metric
LOPE
LOPE
SLQT
SLQT
Cash + ST InvestmentsLiquidity on hand
$111.8M
$18.3M
Total DebtLower is stronger
$405.8M
Stockholders' EquityBook value
$746.9M
$359.7M
Total Assets
$992.3M
$1.4B
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
SLQT
SLQT
Q4 25
$111.8M
$18.3M
Q3 25
$97.3M
$10.7M
Q2 25
$192.3M
$32.4M
Q1 25
$144.5M
$80.1M
Q4 24
$324.6M
$7.3M
Q3 24
$263.6M
$10.4M
Q2 24
$241.3M
$42.7M
Q1 24
$196.2M
$37.8M
Total Debt
LOPE
LOPE
SLQT
SLQT
Q4 25
$405.8M
Q3 25
$393.1M
Q2 25
$385.1M
Q1 25
$391.5M
Q4 24
$711.9M
Q3 24
$680.4M
Q2 24
$683.3M
Q1 24
$686.0M
Stockholders' Equity
LOPE
LOPE
SLQT
SLQT
Q4 25
$746.9M
$359.7M
Q3 25
$758.0M
$305.1M
Q2 25
$778.0M
$351.1M
Q1 25
$780.7M
$350.2M
Q4 24
$783.9M
$326.0M
Q3 24
$764.1M
$269.4M
Q2 24
$759.2M
$316.8M
Q1 24
$759.4M
$346.8M
Total Assets
LOPE
LOPE
SLQT
SLQT
Q4 25
$992.3M
$1.4B
Q3 25
$1.0B
$1.2B
Q2 25
$1.0B
$1.2B
Q1 25
$1.0B
$1.3B
Q4 24
$1.0B
$1.3B
Q3 24
$992.9M
$1.1B
Q2 24
$992.7M
$1.2B
Q1 24
$1.0B
$1.2B
Debt / Equity
LOPE
LOPE
SLQT
SLQT
Q4 25
1.13×
Q3 25
1.29×
Q2 25
1.10×
Q1 25
1.12×
Q4 24
2.18×
Q3 24
2.53×
Q2 24
2.16×
Q1 24
1.98×

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
SLQT
SLQT
Operating Cash FlowLast quarter
$130.5M
$52.0K
Free Cash FlowOCF − Capex
$122.9M
$-1.0M
FCF MarginFCF / Revenue
39.9%
-0.2%
Capex IntensityCapex / Revenue
2.5%
0.2%
Cash ConversionOCF / Net Profit
1.50×
0.00×
TTM Free Cash FlowTrailing 4 quarters
$238.6M
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
SLQT
SLQT
Q4 25
$130.5M
$52.0K
Q3 25
$-48.6M
$-21.6M
Q2 25
$124.0M
$-37.5M
Q1 25
$67.6M
$71.1M
Q4 24
$135.8M
$-28.7M
Q3 24
$-29.4M
$-16.6M
Q2 24
$98.6M
$20.0M
Q1 24
$85.0M
$44.5M
Free Cash Flow
LOPE
LOPE
SLQT
SLQT
Q4 25
$122.9M
$-1.0M
Q3 25
$-58.3M
$-22.7M
Q2 25
$115.4M
$-38.0M
Q1 25
$58.7M
$70.2M
Q4 24
$126.1M
$-29.0M
Q3 24
$-39.0M
$-17.1M
Q2 24
$89.6M
$19.7M
Q1 24
$76.0M
$43.4M
FCF Margin
LOPE
LOPE
SLQT
SLQT
Q4 25
39.9%
-0.2%
Q3 25
-22.3%
-6.9%
Q2 25
46.6%
-11.0%
Q1 25
20.3%
17.2%
Q4 24
43.1%
-6.0%
Q3 24
-16.3%
-5.8%
Q2 24
39.4%
6.4%
Q1 24
27.7%
11.5%
Capex Intensity
LOPE
LOPE
SLQT
SLQT
Q4 25
2.5%
0.2%
Q3 25
3.7%
0.3%
Q2 25
3.5%
0.1%
Q1 25
3.1%
0.2%
Q4 24
3.3%
0.1%
Q3 24
4.0%
0.2%
Q2 24
3.9%
0.1%
Q1 24
3.3%
0.3%
Cash Conversion
LOPE
LOPE
SLQT
SLQT
Q4 25
1.50×
0.00×
Q3 25
-2.99×
Q2 25
2.98×
-2.91×
Q1 25
0.94×
2.73×
Q4 24
1.66×
-0.54×
Q3 24
-0.71×
Q2 24
2.83×
Q1 24
1.25×
5.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOPE
LOPE

Segment breakdown not available.

SLQT
SLQT

Healthcare Services Segment$230.7M43%
Pharmacy$227.2M42%
Other$30.4M6%
Final Expense$20.4M4%
Term$18.5M3%
Other Senior$6.3M1%
All Other Revenue$3.9M1%

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