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Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). 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 $208.0M, roughly 1.5× VIRTUS INVESTMENT PARTNERS, INC.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 16.3%, a 11.9% gap on every dollar of revenue. On growth, Grand Canyon Education, Inc. posted the faster year-over-year revenue change (5.3% vs -10.9%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-74.1M). Over the past eight quarters, Grand Canyon Education, Inc.'s revenue compounded faster (5.9% CAGR vs -3.2%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
LOPE vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $208.0M |
| Net Profit | $86.7M | $33.9M |
| Gross Margin | — | — |
| Operating Margin | 35.1% | 19.1% |
| Net Margin | 28.1% | 16.3% |
| Revenue YoY | 5.3% | -10.9% |
| Net Profit YoY | 5.9% | -14.2% |
| EPS (diluted) | $3.13 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $261.1M | $216.4M | ||
| Q2 25 | $247.5M | $210.5M | ||
| Q1 25 | $289.3M | $217.9M | ||
| Q4 24 | $292.6M | $233.5M | ||
| Q3 24 | $238.3M | $227.0M | ||
| Q2 24 | $227.5M | $224.4M | ||
| Q1 24 | $274.7M | $222.0M |
| Q4 25 | $86.7M | $33.9M | ||
| Q3 25 | $16.3M | $31.3M | ||
| Q2 25 | $41.5M | $42.7M | ||
| Q1 25 | $71.6M | $28.1M | ||
| Q4 24 | $81.9M | $39.5M | ||
| Q3 24 | $41.5M | $49.1M | ||
| Q2 24 | $34.9M | $26.0M | ||
| Q1 24 | $68.0M | $37.9M |
| Q4 25 | 35.1% | 19.1% | ||
| Q3 25 | 6.9% | 21.7% | ||
| Q2 25 | 20.9% | 21.5% | ||
| Q1 25 | 30.4% | 16.8% | ||
| Q4 24 | 34.2% | 21.7% | ||
| Q3 24 | 20.2% | 24.3% | ||
| Q2 24 | 18.8% | 19.7% | ||
| Q1 24 | 30.8% | 14.5% |
| Q4 25 | 28.1% | 16.3% | ||
| Q3 25 | 6.2% | 14.5% | ||
| Q2 25 | 16.8% | 20.3% | ||
| Q1 25 | 24.8% | 12.9% | ||
| Q4 24 | 28.0% | 16.9% | ||
| Q3 24 | 17.4% | 21.6% | ||
| Q2 24 | 15.3% | 11.6% | ||
| Q1 24 | 24.8% | 17.1% |
| Q4 25 | $3.13 | $5.15 | ||
| Q3 25 | $0.58 | $4.65 | ||
| Q2 25 | $1.48 | $6.12 | ||
| Q1 25 | $2.52 | $4.05 | ||
| Q4 24 | $2.83 | $4.65 | ||
| Q3 24 | $1.42 | $5.71 | ||
| Q2 24 | $1.19 | $2.43 | ||
| Q1 24 | $2.29 | $4.10 |
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 | — |
| Total DebtLower is stronger | — | $390.0M |
| Stockholders' EquityBook value | $746.9M | $934.0M |
| Total Assets | $992.3M | $4.3B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.8M | — | ||
| Q3 25 | $97.3M | — | ||
| Q2 25 | $192.3M | — | ||
| Q1 25 | $144.5M | — | ||
| Q4 24 | $324.6M | — | ||
| Q3 24 | $263.6M | — | ||
| Q2 24 | $241.3M | — | ||
| Q1 24 | $196.2M | — |
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $746.9M | $934.0M | ||
| Q3 25 | $758.0M | $918.7M | ||
| Q2 25 | $778.0M | $896.4M | ||
| Q1 25 | $780.7M | $893.7M | ||
| Q4 24 | $783.9M | $897.5M | ||
| Q3 24 | $764.1M | $889.0M | ||
| Q2 24 | $759.2M | $868.7M | ||
| Q1 24 | $759.4M | $871.7M |
| Q4 25 | $992.3M | $4.3B | ||
| Q3 25 | $1.0B | $3.9B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $1.0B | $3.7B | ||
| Q4 24 | $1.0B | $4.0B | ||
| Q3 24 | $992.9M | $3.6B | ||
| Q2 24 | $992.7M | $3.6B | ||
| Q1 24 | $1.0B | $3.5B |
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $122.9M | $-74.1M |
| FCF MarginFCF / Revenue | 39.9% | -35.6% |
| Capex IntensityCapex / Revenue | 2.5% | 3.3% |
| Cash ConversionOCF / Net Profit | 1.50× | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.5M | $-67.2M | ||
| Q3 25 | $-48.6M | $108.3M | ||
| Q2 25 | $124.0M | $75.8M | ||
| Q1 25 | $67.6M | $-3.8M | ||
| Q4 24 | $135.8M | $1.8M | ||
| Q3 24 | $-29.4M | $69.1M | ||
| Q2 24 | $98.6M | $70.0M | ||
| Q1 24 | $85.0M | $-34.5M |
| Q4 25 | $122.9M | $-74.1M | ||
| Q3 25 | $-58.3M | $106.9M | ||
| Q2 25 | $115.4M | $74.2M | ||
| Q1 25 | $58.7M | $-6.8M | ||
| Q4 24 | $126.1M | $-3.8M | ||
| Q3 24 | $-39.0M | $68.7M | ||
| Q2 24 | $89.6M | $68.6M | ||
| Q1 24 | $76.0M | $-36.5M |
| Q4 25 | 39.9% | -35.6% | ||
| Q3 25 | -22.3% | 49.4% | ||
| Q2 25 | 46.6% | 35.2% | ||
| Q1 25 | 20.3% | -3.1% | ||
| Q4 24 | 43.1% | -1.6% | ||
| Q3 24 | -16.3% | 30.3% | ||
| Q2 24 | 39.4% | 30.6% | ||
| Q1 24 | 27.7% | -16.4% |
| Q4 25 | 2.5% | 3.3% | ||
| Q3 25 | 3.7% | 0.7% | ||
| Q2 25 | 3.5% | 0.7% | ||
| Q1 25 | 3.1% | 1.4% | ||
| Q4 24 | 3.3% | 2.4% | ||
| Q3 24 | 4.0% | 0.2% | ||
| Q2 24 | 3.9% | 0.6% | ||
| Q1 24 | 3.3% | 0.9% |
| Q4 25 | 1.50× | -1.99× | ||
| Q3 25 | -2.99× | 3.45× | ||
| Q2 25 | 2.98× | 1.77× | ||
| Q1 25 | 0.94× | -0.13× | ||
| Q4 24 | 1.66× | 0.04× | ||
| Q3 24 | -0.71× | 1.41× | ||
| Q2 24 | 2.83× | 2.69× | ||
| Q1 24 | 1.25× | -0.91× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOPE
Segment breakdown not available.
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
