LOPE
$160.36-1.08%
Grand Canyon Education Inc.Stock · Consumer StaplesNasdaq Composite · 0.01% of ONEQRussell 3000 · 0.006% of IWVRussell 1000 · 0.006% of IWBUS Stock Market · 0.005% of VTI
LOPE financial statements
The full income statement, balance sheet, and cash-flow statement for Grand Canyon Education Inc. (LOPE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 29.5M2024-09 29.1M2024-12 28.7M2025-03 28.4M2025-06 28.1M2025-09 28.0M2025-12 27.1M2026-03 26.5M2026-06 26.1M-11.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.11B+7.1% | 1.03B+7.5% | 961M+5.4% | 911M+1.6% | 897M+6.2% | |
| Selling, general & administrative | 47.4M+2.4% | 46.3M+7.1% | 43.2M-5.0% | 45.5M+8.8% | 41.8M-3.5% | |
| General & administrative | 47.4M+2.4% | 46.3M+7.1% | 43.2M-5.0% | 45.5M+8.8% | 41.8M-3.5% | |
| Selling & marketing | 229M+7.9% | 212M+4.7% | 203M+3.4% | 196M+7.2% | 183M+11.3% | |
| Amortization of intangibles | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | |
| Provision for credit losses | — | — | — | — | 5.00M | |
| Operating income | 266M-3.4% | 275M+10.5% | 249M+4.9% | 238M-15.8% | 282M+1.7% | |
| Interest expense | — | 4.00K-87.9% | 33.0K+1550.0% | 2.00K-99.9% | 3.60M-18.2% | |
| Gain (loss) on equity securities | -500K | — | — | — | — | |
| Pre-tax income | 280M-3.9% | 291M+12.2% | 260M+8.1% | 240M-27.5% | 331M-0.6% | |
| Income tax | 63.7M-2.2% | 65.1M+19.0% | 54.7M-1.4% | 55.4M-21.8% | 70.9M-6.6% | |
| Net income | 216M-4.4% | 226M+10.4% | 205M+11.0% | 185M-29.1% | 260M+1.2% | |
| $7.71-0.3% | $7.73+13.7% | $6.80+18.7% | $5.73-3.2% | $5.92+8.6% | ||
| EPS (basic) | $7.76-0.1% | $7.77+13.8% | $6.83+18.8% | $5.75-3.2% | $5.94+8.2% | |
| Weighted-avg shares (basic) | 27.9M-4.3% | 29.1M-3.0% | 30.0M-6.7% | 32.1M-26.7% | 43.8M-6.5% | |
| Weighted-avg shares (diluted) | 28.0M-4.3% | 29.3M-2.9% | 30.1M-6.5% | 32.2M-26.7% | 44.0M-6.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 400M-4.7% | 420M+24.4% | 338M+23.5% | 273M-59.9% | 681M+104.1% | ||
| Cash & equivalents | 112M-65.6% | 325M+121.6% | 146M+21.6% | 120M-80.0% | 601M+144.5% | |
| Accounts receivable | 84.3M+1.6% | 82.9M+5.2% | 78.8M+1.8% | 77.4M+10.5% | 70.1M+12.7% | |
| Other current assets | 13.4M+12.7% | 11.9M-7.6% | 12.9M+13.4% | 11.4M+29.7% | 8.77M+1.5% | |
| 992M-2.6% | 1.02B+9.5% | 930M+11.7% | 833M-31.9% | 1.22B-33.7% | ||
| Property, plant & equipment | 179M+1.2% | 177M+4.2% | 170M+15.0% | 148M+8.4% | 136M+5.8% | |
| Operating lease right-of-use | 96.6M-3.0% | 99.5M+7.7% | 92.5M+27.1% | 72.7M+26.1% | 57.7M-5.5% | |
| Goodwill | 161M+0.0% | 161M+0.0% | 161M+0.0% | 161M+0.0% | 161M+0.0% | |
| Intangible assets | 152M-5.3% | 160M-5.0% | 168M-4.8% | 177M-4.5% | 185M-4.3% | |
| Other non-current assets | 4.29M+216.1% | 1.36M-17.3% | 1.64M-2.7% | 1.69M-13.2% | 1.94M+5.4% | |
| 110M-1.1% | 111M+14.4% | 97.0M-2.7% | 99.7M+1.8% | 97.9M-17.5% | ||
| Accounts payable | 24.3M-8.9% | 26.7M+51.2% | 17.7M-11.6% | 20.0M-17.7% | 24.3M+46.6% | |
| Accrued liabilities | 32.3M+9.0% | 29.6M+10.8% | 26.7M+18.9% | 22.5M-18.6% | 27.6M+25.7% | |
| Deferred revenue | — | — | — | — | 10.0M | |
| Current lease liability | 14.6M+13.1% | 12.9M+16.9% | 11.0M+27.5% | 8.65M+16.5% | 7.43M+0.4% | |
| 245M+4.6% | 235M+10.4% | 212M+8.9% | 195M+9.8% | 178M-34.2% | ||
| Non-current lease liability | 92.8M-3.0% | 95.6M+8.4% | 88.3M+28.3% | 68.8M+28.0% | 53.8M-5.0% | |
| Operating lease liability (total) | 107M-1.1% | 109M+9.3% | 99.3M+28.2% | 77.4M+26.6% | 61.2M-4.4% | |
| Deferred tax liabilities | 41.4M+56.2% | 26.5M-0.8% | 26.7M+2.1% | 26.2M+0.9% | 26.0M+28.0% | |
| Other non-current liabilities | 1.44M-0.3% | 1.44M+252.2% | 410K-6.0% | 436K+1078.4% | 37.0K+1133.3% | |
| 747M-4.7% | 784M+9.2% | 718M+12.6% | 638M-39.0% | 1.05B-33.6% | ||
| Common stock | 542K+0.2% | 541K+0.2% | 540K+0.4% | 538K+0.4% | 536K+0.6% | |
| Additional paid-in capital | 350M+4.1% | 337M+4.4% | 323M+4.3% | 309M+4.3% | 297M+5.0% | |
| Retained earnings | 2.69B+8.7% | 2.47B+10.1% | 2.24B+10.0% | 2.04B+10.0% | 1.86B+16.3% | |
| Treasury stock | 2.29B+13.2% | 2.02B+9.4% | 1.85B+8.1% | 1.71B+54.6% | 1.11B+265.0% | |
| Accumulated other comprehensive income | 511K | — | -57.0K+89.3% | -533K | — | |
| Total liabilities & equity | 992M-2.6% | 1.02B+9.5% | 930M+11.7% | 833M-31.9% | 1.22B-33.7% | |
| Common shares issued | 54.2M+0.2% | 54.1M+0.2% | 54.0M+0.3% | 53.8M+0.4% | 53.6M+0.7% | |
| Common shares outstanding | 27.4M-5.1% | 28.9M-3.7% | 30.0M-3.6% | 31.1M-17.7% | 37.7M-19.1% | |
| Shares outstanding (cover) | 27.1M-5.5% | 28.7M-4.3% | 30.0M-3.3% | 31.0M-12.1% | 35.3M-24.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 273M-5.7% | 290M+19.0% | 244M+10.3% | 221M-29.5% | 313M+1.4% | ||
| Depreciation & amortization | 31.2M+12.3% | 27.8M+20.1% | 23.1M+4.5% | 22.1M+3.1% | 21.4M+2.9% | |
| Intangible amortization | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | 8.42M+0.0% | |
| Deferred income taxes | 14.9M+6810.8% | -222K-140.1% | 554K+137.8% | 233K-95.9% | 5.67M+80.8% | |
| Change in receivables | 1.33M-67.9% | 4.14M+195.9% | 1.40M-81.0% | 7.35M+156.7% | 2.86M-78.4% | |
| -222M-461.1% | 61.4M+176.3% | -80.5M+17.2% | -97.1M-110.2% | 951M+5014.4% | ||
| Capital expenditure | 34.8M-6.5% | 37.2M-16.4% | 44.5M+26.4% | 35.2M+22.0% | 28.9M-1.8% | |
| Free cash flow | 239M-5.6% | 253M+26.9% | 199M+7.3% | 186M-34.7% | 284M+1.7% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| -265M-52.9% | -173M-26.3% | -137M+77.3% | -604M+33.5% | -909M-446.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 265M+52.9% | 173M+26.3% | 137M-77.3% | 604M-24.8% | 804M+499.8% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | -213M-219.5% | 178M+583.4% | 26.1M+105.4% | -481M-235.3% | 355M+188.3% | |
| Interest paid | — | 4.00K-87.9% | 33.0K+1550.0% | 2.00K-99.9% | 3.70M-14.1% | |
| Income taxes paid | 53.9M-17.4% | 65.3M+15.2% | 56.7M+16.6% | 48.6M-21.5% | 61.9M-9.5% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.51B-4.1% | 4.71B+18.7% | 3.96B+20.4% | 3.29B+8.7% | 3.03B-30.6% | |
| P/E | 20.9×+0.4% | 20.8×+2.5% | 20.3×+22.5% | 16.6×+42.4% | 11.6×-31.5% | |
| P/S | 4.1×-10.4% | 4.6×+8.2% | 4.2×+15.6% | 3.6×+7.8% | 3.4×-34.7% | |
| P/B | 6.0×+0.7% | 6.0×-1.5% | 6.1×+9.5% | 5.6×+92.0% | 2.9×+4.5% | |
| P/FCF | 18.9×+1.6% | 18.6×-8.6% | 20.4×+12.0% | 18.2×+70.8% | 10.7×-31.8% | |
| Earnings yield | 4.8%-0.4% | 4.8%-2.4% | 4.9%-18.4% | 6.0%-29.8% | 8.6%+45.9% | |
| FCF yield | 5.3%-1.6% | 5.4%+9.4% | 4.9%-10.7% | 5.5%-41.5% | 9.4%+46.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LOPE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LOPE filings on SEC EDGAR → Not investment advice.