vs

Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and Vital Farms, Inc. (VITL). 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 $213.6M, roughly 1.4× Vital Farms, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 7.6%, a 20.5% gap on every dollar of revenue. On growth, Vital Farms, Inc. posted the faster year-over-year revenue change (28.7% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-32.1M). Over the past eight quarters, Vital Farms, Inc.'s revenue compounded faster (20.2% 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.

Vital Tomosi Dairy Limited is a dairy processing company in Uganda. The company is a joint venture between Vital Capital Fund, "an impact investing fund primarily focused on Sub-Saharan Africa", and "Tomosi Dairy Farms, a Ugandan producer of dairy products".

LOPE vs VITL — Head-to-Head

Bigger by revenue
LOPE
LOPE
1.4× larger
LOPE
$308.1M
$213.6M
VITL
Growing faster (revenue YoY)
VITL
VITL
+23.3% gap
VITL
28.7%
5.3%
LOPE
Higher net margin
LOPE
LOPE
20.5% more per $
LOPE
28.1%
7.6%
VITL
More free cash flow
LOPE
LOPE
$155.0M more FCF
LOPE
$122.9M
$-32.1M
VITL
Faster 2-yr revenue CAGR
VITL
VITL
Annualised
VITL
20.2%
5.9%
LOPE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOPE
LOPE
VITL
VITL
Revenue
$308.1M
$213.6M
Net Profit
$86.7M
$16.3M
Gross Margin
35.8%
Operating Margin
35.1%
10.0%
Net Margin
28.1%
7.6%
Revenue YoY
5.3%
28.7%
Net Profit YoY
5.9%
54.3%
EPS (diluted)
$3.13
$0.35

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
VITL
VITL
Q4 25
$308.1M
$213.6M
Q3 25
$261.1M
$198.9M
Q2 25
$247.5M
$184.8M
Q1 25
$289.3M
$162.2M
Q4 24
$292.6M
$166.0M
Q3 24
$238.3M
$145.0M
Q2 24
$227.5M
$147.4M
Q1 24
$274.7M
$147.9M
Net Profit
LOPE
LOPE
VITL
VITL
Q4 25
$86.7M
$16.3M
Q3 25
$16.3M
$16.4M
Q2 25
$41.5M
$16.6M
Q1 25
$71.6M
$16.9M
Q4 24
$81.9M
$10.6M
Q3 24
$41.5M
$7.4M
Q2 24
$34.9M
$16.3M
Q1 24
$68.0M
$19.0M
Gross Margin
LOPE
LOPE
VITL
VITL
Q4 25
35.8%
Q3 25
37.7%
Q2 25
38.9%
Q1 25
38.5%
Q4 24
36.1%
Q3 24
36.9%
Q2 24
39.1%
Q1 24
39.8%
Operating Margin
LOPE
LOPE
VITL
VITL
Q4 25
35.1%
10.0%
Q3 25
6.9%
10.8%
Q2 25
20.9%
12.9%
Q1 25
30.4%
13.4%
Q4 24
34.2%
7.8%
Q3 24
20.2%
6.4%
Q2 24
18.8%
11.6%
Q1 24
30.8%
16.3%
Net Margin
LOPE
LOPE
VITL
VITL
Q4 25
28.1%
7.6%
Q3 25
6.2%
8.3%
Q2 25
16.8%
9.0%
Q1 25
24.8%
10.4%
Q4 24
28.0%
6.4%
Q3 24
17.4%
5.1%
Q2 24
15.3%
11.1%
Q1 24
24.8%
12.9%
EPS (diluted)
LOPE
LOPE
VITL
VITL
Q4 25
$3.13
$0.35
Q3 25
$0.58
$0.36
Q2 25
$1.48
$0.36
Q1 25
$2.52
$0.37
Q4 24
$2.83
$0.23
Q3 24
$1.42
$0.16
Q2 24
$1.19
$0.36
Q1 24
$2.29
$0.43

Balance Sheet & Financial Strength

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

Metric
LOPE
LOPE
VITL
VITL
Cash + ST InvestmentsLiquidity on hand
$111.8M
$48.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$746.9M
$351.3M
Total Assets
$992.3M
$518.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOPE
LOPE
VITL
VITL
Q4 25
$111.8M
$48.8M
Q3 25
$97.3M
$93.8M
Q2 25
$192.3M
$108.2M
Q1 25
$144.5M
$156.3M
Q4 24
$324.6M
$150.6M
Q3 24
$263.6M
$149.5M
Q2 24
$241.3M
$133.2M
Q1 24
$196.2M
$113.8M
Stockholders' Equity
LOPE
LOPE
VITL
VITL
Q4 25
$746.9M
$351.3M
Q3 25
$758.0M
$331.2M
Q2 25
$778.0M
$309.8M
Q1 25
$780.7M
$288.9M
Q4 24
$783.9M
$269.3M
Q3 24
$764.1M
$253.4M
Q2 24
$759.2M
$238.4M
Q1 24
$759.4M
$213.3M
Total Assets
LOPE
LOPE
VITL
VITL
Q4 25
$992.3M
$518.7M
Q3 25
$1.0B
$481.5M
Q2 25
$1.0B
$430.8M
Q1 25
$1.0B
$376.9M
Q4 24
$1.0B
$359.3M
Q3 24
$992.9M
$344.7M
Q2 24
$992.7M
$320.5M
Q1 24
$1.0B
$300.2M

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
VITL
VITL
Operating Cash FlowLast quarter
$130.5M
$5.8M
Free Cash FlowOCF − Capex
$122.9M
$-32.1M
FCF MarginFCF / Revenue
39.9%
-15.1%
Capex IntensityCapex / Revenue
2.5%
17.8%
Cash ConversionOCF / Net Profit
1.50×
0.35×
TTM Free Cash FlowTrailing 4 quarters
$238.6M
$-48.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOPE
LOPE
VITL
VITL
Q4 25
$130.5M
$5.8M
Q3 25
$-48.6M
$23.4M
Q2 25
$124.0M
$-761.0K
Q1 25
$67.6M
$5.3M
Q4 24
$135.8M
$14.8M
Q3 24
$-29.4M
$10.0M
Q2 24
$98.6M
$16.1M
Q1 24
$85.0M
$23.9M
Free Cash Flow
LOPE
LOPE
VITL
VITL
Q4 25
$122.9M
$-32.1M
Q3 25
$-58.3M
$-10.6M
Q2 25
$115.4M
$-7.6M
Q1 25
$58.7M
$2.1M
Q4 24
$126.1M
$-3.4M
Q3 24
$-39.0M
$6.4M
Q2 24
$89.6M
$10.5M
Q1 24
$76.0M
$22.6M
FCF Margin
LOPE
LOPE
VITL
VITL
Q4 25
39.9%
-15.1%
Q3 25
-22.3%
-5.3%
Q2 25
46.6%
-4.1%
Q1 25
20.3%
1.3%
Q4 24
43.1%
-2.0%
Q3 24
-16.3%
4.4%
Q2 24
39.4%
7.2%
Q1 24
27.7%
15.3%
Capex Intensity
LOPE
LOPE
VITL
VITL
Q4 25
2.5%
17.8%
Q3 25
3.7%
17.1%
Q2 25
3.5%
3.7%
Q1 25
3.1%
1.9%
Q4 24
3.3%
10.9%
Q3 24
4.0%
2.5%
Q2 24
3.9%
3.8%
Q1 24
3.3%
0.9%
Cash Conversion
LOPE
LOPE
VITL
VITL
Q4 25
1.50×
0.35×
Q3 25
-2.99×
1.43×
Q2 25
2.98×
-0.05×
Q1 25
0.94×
0.31×
Q4 24
1.66×
1.40×
Q3 24
-0.71×
1.34×
Q2 24
2.83×
0.99×
Q1 24
1.25×
1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOPE
LOPE

Segment breakdown not available.

VITL
VITL

Eggs And Egg Related Products$205.8M96%
Butter And Butter Related Products$7.7M4%

Related Comparisons