Grand Canyon Education (LOPE)
Provides universities with technology, academic, marketing, and operational services under revenue-linked agreements.
$146.28
vs last close−4.27 (−2.84%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 222 | 278 | 275 | 227 | 238 | 293 | 289 | 247 | 261 | 308 | 309 | 264 |
| Cost of revenue | 113 | 122 | 122 | 119 | 119 | 128 | 128 | 126 | 129 | 134 | 137 | 134 |
| Gross profit | 109 | 156 | 153 | 108 | 119 | 164 | 161 | 121 | 132 | 174 | 172 | 130 |
| 67 | 59 | 68 | 66 | 71 | 64 | 73 | 70 | 76 | 66 | 76 | 72 | |
| 65 | 56 | 66 | 64 | 69 | 60 | 71 | 67 | 74 | 64 | 74 | 70 | |
| Selling & marketing | 53 | 46 | 55 | 53 | 55 | 50 | 60 | 56 | 59 | 54 | 64 | 60 |
| General & administrative | 12 | 10 | 11 | 11 | 14 | 11 | 10 | 11 | 15 | 10 | 10 | 10 |
| Other expenses | 2 | 2 | 2 | 2 | 2 | 4 | 2 | 2 | 2 | 2 | 2 | 2 |
| Operating income | 42 | 98 | 84 | 43 | 48 | 100 | 88 | 52 | 55 | 108 | 95 | 58 |
| 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | −34 | 4 | 3 | 3 | |
| Interest income | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 3 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −3 | −3 | −4 | −4 | −4 | −4 | −3 | −3 | 34 | −4 | 0 | 0 |
| Income before tax | 44 | 101 | 88 | 47 | 52 | 104 | 91 | 55 | 22 | 112 | 98 | 61 |
| Income tax expense | 9 | 20 | 20 | 12 | 11 | 22 | 20 | 13 | 5 | 25 | 23 | 15 |
| Net income from continuing operations | 36 | 81 | 68 | 35 | 41 | 82 | 72 | 42 | 16 | 87 | 75 | 46 |
| Net income | 36 | 81 | 68 | 35 | 41 | 82 | 72 | 42 | 16 | 87 | 75 | 46 |
| EPS, basic | $1.20 | $2.73 | $2.31 | $1.19 | $1.43 | $2.86 | $2.53 | $1.48 | $0.59 | $3.16 | $2.82 | $1.75 |
| EPS, diluted | $1.19 | $2.71 | $2.29 | $1.19 | $1.42 | $2.84 | $2.52 | $1.48 | $0.58 | $3.14 | $2.80 | $1.75 |
| Weighted average shares, basic | 30 | 30 | 29 | 29 | 29 | 29 | 28 | 28 | 28 | 27 | 27 | 26 |
| Weighted average shares, diluted | 30 | 30 | 30 | 29 | 29 | 29 | 28 | 28 | 28 | 28 | 27 | 26 |
| EBITDA | 52 | 109 | 97 | 56 | 62 | 113 | 101 | 65 | 32 | 122 | 106 | 69 |
| Depreciation & amortization | 8 | 9 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 | 10 | 11 |
| EBIT | 44 | 101 | 88 | 47 | 52 | 104 | 91 | 55 | 22 | 112 | 95 | 58 |
