vs
Side-by-side financial comparison of Grand Canyon Education, Inc. (LOPE) and WORKIVA INC (WK). 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 $238.9M, roughly 1.3× WORKIVA INC). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs 4.9%, a 23.2% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $50.7M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.0% 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.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
LOPE vs WK — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $308.1M | $238.9M |
| Net Profit | $86.7M | $11.8M |
| Gross Margin | — | 80.7% |
| Operating Margin | 35.1% | 22.6% |
| Net Margin | 28.1% | 4.9% |
| Revenue YoY | 5.3% | 19.5% |
| Net Profit YoY | 5.9% | — |
| EPS (diluted) | $3.13 | $0.20 |
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 | — | $238.9M | ||
| Q4 25 | $308.1M | $238.9M | ||
| Q3 25 | $261.1M | $224.2M | ||
| Q2 25 | $247.5M | $215.2M | ||
| Q1 25 | $289.3M | $206.3M | ||
| Q4 24 | $292.6M | $199.9M | ||
| Q3 24 | $238.3M | $185.6M | ||
| Q2 24 | $227.5M | $177.5M |
| Q1 26 | — | $11.8M | ||
| Q4 25 | $86.7M | $11.8M | ||
| Q3 25 | $16.3M | $2.8M | ||
| Q2 25 | $41.5M | $-19.4M | ||
| Q1 25 | $71.6M | $-21.4M | ||
| Q4 24 | $81.9M | $-8.8M | ||
| Q3 24 | $41.5M | $-17.0M | ||
| Q2 24 | $34.9M | $-17.5M |
| Q1 26 | — | 80.7% | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 77.1% | ||
| Q3 24 | — | 76.5% | ||
| Q2 24 | — | 76.8% |
| Q1 26 | — | 22.6% | ||
| Q4 25 | 35.1% | 3.3% | ||
| Q3 25 | 6.9% | -1.5% | ||
| Q2 25 | 20.9% | -10.3% | ||
| Q1 25 | 30.4% | -12.0% | ||
| Q4 24 | 34.2% | -6.7% | ||
| Q3 24 | 20.2% | -11.7% | ||
| Q2 24 | 18.8% | -13.0% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 28.1% | 4.9% | ||
| Q3 25 | 6.2% | 1.2% | ||
| Q2 25 | 16.8% | -9.0% | ||
| Q1 25 | 24.8% | -10.4% | ||
| Q4 24 | 28.0% | -4.4% | ||
| Q3 24 | 17.4% | -9.2% | ||
| Q2 24 | 15.3% | -9.9% |
| Q1 26 | — | $0.20 | ||
| Q4 25 | $3.13 | $0.21 | ||
| Q3 25 | $0.58 | $0.05 | ||
| Q2 25 | $1.48 | $-0.35 | ||
| Q1 25 | $2.52 | $-0.38 | ||
| Q4 24 | $2.83 | $-0.15 | ||
| Q3 24 | $1.42 | $-0.31 | ||
| Q2 24 | $1.19 | $-0.32 |
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 | $338.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $746.9M | — |
| Total Assets | $992.3M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $338.8M | ||
| Q4 25 | $111.8M | $338.8M | ||
| Q3 25 | $97.3M | $315.9M | ||
| Q2 25 | $192.3M | $284.3M | ||
| Q1 25 | $144.5M | $242.0M | ||
| Q4 24 | $324.6M | $301.8M | ||
| Q3 24 | $263.6M | $248.2M | ||
| Q2 24 | $241.3M | $267.9M |
| Q1 26 | — | — | ||
| Q4 25 | $746.9M | $-5.4M | ||
| Q3 25 | $758.0M | $-36.9M | ||
| Q2 25 | $778.0M | $-66.5M | ||
| Q1 25 | $780.7M | $-75.7M | ||
| Q4 24 | $783.9M | $-41.7M | ||
| Q3 24 | $764.1M | $-50.8M | ||
| Q2 24 | $759.2M | $-77.7M |
| Q1 26 | — | $1.5B | ||
| Q4 25 | $992.3M | $1.5B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $992.9M | $1.3B | ||
| Q2 24 | $992.7M | $1.2B |
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 | $51.0M |
| Free Cash FlowOCF − Capex | $122.9M | $50.7M |
| FCF MarginFCF / Revenue | 39.9% | 21.2% |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.50× | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | $238.6M | $196.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $51.0M | ||
| Q4 25 | $130.5M | $51.0M | ||
| Q3 25 | $-48.6M | $46.2M | ||
| Q2 25 | $124.0M | $50.3M | ||
| Q1 25 | $67.6M | $-7.4M | ||
| Q4 24 | $135.8M | $44.0M | ||
| Q3 24 | $-29.4M | $18.9M | ||
| Q2 24 | $98.6M | $-14.0K |
| Q1 26 | — | $50.7M | ||
| Q4 25 | $122.9M | $50.7M | ||
| Q3 25 | $-58.3M | $46.1M | ||
| Q2 25 | $115.4M | $49.3M | ||
| Q1 25 | $58.7M | $-8.1M | ||
| Q4 24 | $126.1M | $43.2M | ||
| Q3 24 | $-39.0M | $18.7M | ||
| Q2 24 | $89.6M | $-122.0K |
| Q1 26 | — | 21.2% | ||
| Q4 25 | 39.9% | 21.2% | ||
| Q3 25 | -22.3% | 20.5% | ||
| Q2 25 | 46.6% | 22.9% | ||
| Q1 25 | 20.3% | -3.9% | ||
| Q4 24 | 43.1% | 21.6% | ||
| Q3 24 | -16.3% | 10.1% | ||
| Q2 24 | 39.4% | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.5% | 0.1% | ||
| Q3 25 | 3.7% | 0.0% | ||
| Q2 25 | 3.5% | 0.5% | ||
| Q1 25 | 3.1% | 0.4% | ||
| Q4 24 | 3.3% | 0.4% | ||
| Q3 24 | 4.0% | 0.1% | ||
| Q2 24 | 3.9% | 0.1% |
| Q1 26 | — | 4.31× | ||
| Q4 25 | 1.50× | 4.31× | ||
| Q3 25 | -2.99× | 16.57× | ||
| Q2 25 | 2.98× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 1.66× | — | ||
| Q3 24 | -0.71× | — | ||
| Q2 24 | 2.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LOPE
Segment breakdown not available.
WK
| Subscription and support | $219.3M | 92% |
| Other | $19.6M | 8% |
