LOPE
Grand Canyon Education, Inc.165.23
+3.87+2.4%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
4.64BP/E (TTM)
22.27Basic EPS (TTM)
7.42Dividend Yield
0%Recent Filings
10-K
FY2025 results
Grand Canyon Education drove FY2025 service revenue to $1.11B, up 7.1% y/y on 7.1% partner enrollment growth to 136,200, with GCU at 131,800 students and off-campus sites surging 16.6% to 5,700 amid five new openings. Q4 momentum accelerated via 8.7% online gains and ABSN program strength, though revenue per student held flat against leap-year drag and mix shifts; margins held firm as counseling costs dipped to 31.0%. Robust $273M operating cash funded $255M buybacks, leaving $300M cash and $344M repurchase capacity. GCU's provisional Title IV status through June 2026 risks quarterly funding hiccups.
8-K
Q4 revenue up 5.3%, guidance issued
Grand Canyon Education reported Q4 2025 service revenue of $308.1 million, up 5.3% on 7.1% enrollment growth to 136,239. Operating income rose 8.1% to $108.1 million at 35.1% margin, driving net income to $86.7 million. Full-year revenue hit $1,106.1 million, but a $35 million litigation settlement trimmed margins. Cash dipped to $300.1 million after repurchases. 2026 revenue outlook: $1.17B-$1.19B.
8-K
CIO appointment effective Feb 9
8-K
GCU nonprofit status confirmed
Grand Canyon Education's key partner GCU secured formal U.S. Department of Education recognition as a non-profit on December 12, 2025, resolving the last major regulatory overhang. Board approved $300.0 million stock buyback boost on December 10, lifting total authorization to $2,545.0 million through March 1, 2027. Buybacks signal confidence.
8-K
Q3 revenue up, profits hammered
Grand Canyon Education posted Q3 service revenue of $261.1M, up 9.6% on 7.9% enrollment growth to 138,073, yet operating income plunged 62.6% to $18.0M from a $35.0M qui tam lawsuit settlement reserve and $2.4M lease impairments. Adjusted operating margin hit 22.3%, edging past last year's 21.1%. Cash dipped to $277.0M. Q4 revenue guides $305M-$310M.
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