Grand Canyon Education financials
$146.40−0.60%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $264.0M | $308.8M | $308.1M | $261.1M | $247.5M | $289.3M | $292.6M | $238.3M | $227.5M | $274.7M | $278.3M | $221.9M |
| Gross profit | $264.0M | $308.8M | $308.1M | $261.1M | $247.5M | $289.3M | $292.6M | $238.3M | $227.5M | $274.7M | $278.3M | $221.9M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $58.2M | $95.5M | $108.1M | $18.0M | $51.8M | $88.0M | $100.0M | $48.2M | $42.7M | $84.5M | $97.8M | $41.5M |
| Net income | $45.9M | $75.3M | $86.7M | $16.3M | $41.5M | $71.6M | $81.9M | $41.5M | $34.9M | $68.0M | $80.7M | $35.7M |
| Net margin | 17.4% | 24.4% | 28.1% | 6.2% | 16.8% | 24.8% | 28.0% | 17.4% | 15.3% | 24.8% | 29.0% | 16.1% |
| Diluted EPS | $1.75 | $2.80 | $3.14 | $0.58 | $1.48 | $2.52 | $2.84 | $1.42 | $1.19 | $2.29 | $2.71 | $1.19 |
| EBITDA | $60.3M | $97.6M | $110.2M | $22.5M | $53.9M | $90.1M | $104.0M | $50.3M | $44.8M | $86.6M | $106.5M | $49.7M |
| Operating cash flow | $108.6M | $88.2M | $130.5M | -$48.6M | $124.0M | $67.6M | $135.8M | -$29.4M | $98.6M | $85.0M | $116.4M | -$29.9M |
| Free cash flow | $97.9M | $80.1M | $122.9M | -$58.3M | $115.4M | $58.7M | $126.1M | -$39.0M | $89.7M | $75.9M | $106.0M | -$46.4M |
| Diluted shares | 26.2M | 26.9M | 27.6M | 27.9M | 28.1M | 28.5M | 28.9M | 29.2M | 29.4M | 29.6M | 29.8M | 29.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $171.1M | $96.1M | $111.8M | $97.3M | $192.3M | $144.5M |
| Short-term investments | $103.5M | $155.6M | $188.3M | $179.7M | $181.6M | $160.1M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $919.2M | $967.9M | $992.3M | $1.03B | $1.02B | $1.03B |
| Total liabilities | $249.7M | $271.7M | $245.4M | $274.8M | $243.0M | $250.7M |
| Shareholders' equity | $669.5M | $696.2M | $746.9M | $758.0M | $778.0M | $780.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology