10x Insights
Loading account…
Companies / Consumer Discretionary / Grand Canyon Education, Inc.
LOPE

Grand Canyon Education, Inc.

Consumer DiscretionaryProfessional Services
Ticker LOPEPHOENIX, AZFiscal year ends DecemberBook value per share $24.33Diluted shares 26.3M

Grand Canyon Education, Inc. (Nasdaq: LOPE) provides technology, academic, counseling, marketing and back-office services to colleges and universities in the United States. It supports partner institutions with online learning systems, curriculum development, faculty recruitment and training, student admissions and… From the company’s description.

Over the twelve months to Sep 30, 2026, Grand Canyon Education, Inc. reported revenue of $1.15B, up 5.3% from a year earlier, and net income of $250.94M. Its operating margin was 27.3%, and operations generated $302.07M in cash. In fiscal 2025, it reported revenue of $1.11B, up 7.1% from fiscal 2024, and net income of $216.17M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$1.11BFY2025
+7.1% year over year
Last 12 mo $1.15B
24.04%FY2025
−2.6 percentage points
Last 12 mo 27.27%
$216.17MFY2025
−4.4% year over year
Last 12 mo $250.94M
28.94%FY2025
+0.1 percentage points
Last 12 mo 39.25%
Cash & financing
$273.49MFY2025
−5.7% year over year
Last 12 mo $302.07M
$238.65MFY2025
−5.6% year over year
Last 12 mo $264.85M
—
28.0MFY2025
−4.3% year over year
Last 12 mo 26.3M

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) provides technology, academic, counseling, marketing and back-office services to colleges and universities in the United States. It supports partner institutions with online learning systems, curriculum development, faculty recruitment and training, student admissions and financial aid, enrollment marketing, and student advising and retention services. It also develops and finances off-campus classrooms and simulation laboratories, particularly for healthcare education programs. Its largest university partner is Grand Canyon University (GCU), a nonprofit institution that offers undergraduate and graduate programs online and on campus; other partners include universities and healthcare networks. The company’s proprietary offerings include the Halo learning management system and Mosaic, a suite of artificial-intelligence tools. Grand Canyon Education serves 20 university partners and supported more than 136,200 students as of December 31, 2025. It sold GCU to an independent nonprofit in 2018 and now operates as an education services provider rather than as a university owner. Its website is www.gce.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Professional Services
Headquarters
PHOENIX, AZ
Fiscal year end
December
CIK
1434588
SIC
8200

Financial performance, year by year

Fiscal 2011–2025 · USD
$-114.83M$229.65M$574.13M$918.62M$1.26B201120122013201420152016201720182019202020212022202320242025Last 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
42.3%
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
—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.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Grand Canyon Education, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Grand Canyon Education, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Grand Canyon Education, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.