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Companies / Industrials / Grand Canyon Education, Inc.
LOPE

Grand Canyon Education, Inc.

IndustrialsProfessional Services
Ticker LOPEPHOENIX, AZFiscal year ends DecemberBook value per share $25.22Diluted shares 26.5M

Grand Canyon Education, Inc. (NASDAQ: LOPE) is a publicly traded education services company dedicated to serving colleges and universities across the United States. The company operates through a comprehensive suite of technology, academic, counseling, marketing, and back-office services designed to support higher… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.11B
+7.1% year over year
Last 12 mo $1.14B
24.04%
−2.6 percentage points
Last 12 mo 24.49%
$216.17M
−4.4% year over year
Last 12 mo $224.21M
28.94%
+0.1 percentage points
Last 12 mo 33.49%
Cash & financing
$273.49M
−5.7% year over year
Last 12 mo $278.71M
$238.65M
−5.6% year over year
Last 12 mo $242.56M
—
28.0M
−4.3% year over year
Last 12 mo 26.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Grand Canyon Education, Inc. does

In the company’s own words

Grand Canyon Education, Inc. (NASDAQ: LOPE) is a publicly traded education services company dedicated to serving colleges and universities across the United States. The company operates through a comprehensive suite of technology, academic, counseling, marketing, and back-office services designed to support higher education institutions at scale. Grand Canyon Education's website is www.gce.com.

The company's primary business involves providing education services to 20 university partners as of December 31, 2025, with Grand Canyon University serving as its most significant partner. Grand Canyon Education supports over 136,200 students, including more than 131,800 enrolled in Grand Canyon University's programs. The company has invested more than $350 million over 17 years in technology infrastructure and systems that automate key processes and enable scalability across hundreds of thousands of students.

Grand Canyon Education's service offerings span multiple domains. Technology and academic services include a proprietary learning management system called Halo, artificial intelligence tools including the Mosaic platform, curriculum development, faculty recruitment and training, class scheduling, and skills and simulation laboratory sites. The company operates 47 off-campus classroom and laboratory sites designed for healthcare and other specialized programs. Counseling services encompass admissions support, financial aid processing and counseling, student advising, and field experience coordination. Marketing and communication services include lead acquisition, digital strategy, brand development, media planning, video production, and business intelligence. Back-office services provided to certain partners include finance, accounting, human resources, audit, and procurement functions.

The company maintains significant operational infrastructure, including two data centers, a 325,000 square-foot administrative headquarters in Phoenix, Arizona, and a distributed workforce. Grand Canyon Education emphasizes human capital development, community involvement, and diversity initiatives. The company contributes to private school tuition organizations, sponsors K-12 educational programs, and maintains an employee volunteer program. The business model reflects a commitment to addressing educational challenges including affordability, student debt reduction, program-to-career alignment, and enhanced student support services.

Company details
Sector
Industrials
Industry
Professional Services
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
1434588
SIC
8200

Financial performance, year by year

Fiscal 2013–2025 · USD
$-114.21M$228.41M$571.03M$913.65M$1.26B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Grand Canyon Education, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

434
funds hold it
0 of 35
superinvestors hold it
$1.63B
held by funds, at market
41.4%
of shares held by funds

Largest fund holders · Grand Canyon Education, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.10%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.05%of fund net assets
Fidelity Low-Priced Stock Fund
FLPSX · Fidelity Puritan Trust
0.36%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Grand Canyon Education, Inc. and its peers compare on margins and cash generation over ten years?”
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