Grand Canyon Education, Inc. (LOPE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 0 | 308.12M | 261.14M | 247.5M | 289.31M | 292.57M | 238.29M | 227.46M | 274.68M | 278.28M | 221.91M | 210.58M | 250.13M | 258.7M | 208.72M | 199.75M | 244.13M | 251.38M | 206.77M | 201.49M |
| Revenue Growth % | -100% | 5.31% | 9.59% | 8.81% | 5.33% | 5.13% | 7.38% | 8.02% | 9.82% | 7.57% | 6.32% | 5.42% | 2.45% | 2.91% | 0.94% | -0.86% | 3.04% | 5.49% | 4.23% | 8.46% |
| Cost of Goods Sold | 2.1M | 135.86M | 131.42M | 126.16M | 128.49M | 128.33M | 119.12M | 119.11M | 122.01M | 121.98M | 113M | 111.35M | 110.86M | 110.9M | 104.88M | 104.21M | 103.82M | 95.61M | 97.75M | 94.61M |
| COGS % of Revenue | - | 44.09% | 50.32% | 50.97% | 44.41% | 43.86% | 49.99% | 52.36% | 44.42% | 43.83% | 50.92% | 52.88% | 44.32% | 42.87% | 50.25% | 52.17% | 42.53% | 38.04% | 47.27% | 46.95% |
| Gross Profit | -2.1M | 172.26M | 129.72M | 121.34M | 160.82M | 164.24M | 119.17M | 108.36M | 152.67M | 156.3M | 108.92M | 99.23M | 139.26M | 147.8M | 103.84M | 95.54M | 140.31M | 155.76M | 109.02M | 106.88M |
| Gross Margin % | - | 55.91% | 49.68% | 49.03% | 55.59% | 56.14% | 50.01% | 47.64% | 55.58% | 56.17% | 49.08% | 47.12% | 55.68% | 57.13% | 49.75% | 47.83% | 57.47% | 61.96% | 52.73% | 53.05% |
| Gross Profit Growth % | -101.31% | 4.88% | 8.86% | 11.99% | 5.34% | 5.08% | 9.42% | 9.2% | 9.62% | 5.75% | 4.88% | 3.86% | -0.75% | -5.11% | -4.75% | -10.61% | -2.32% | 5.28% | -0.36% | 5.8% |
| Operating Expenses | 211.19M | 64.18M | 74.29M | 69.55M | 72.8M | 64.22M | 71M | 65.64M | 68.19M | 58.5M | 67.38M | 63.79M | 64.79M | 57.13M | 68.33M | 61.69M | 62.85M | 53.36M | 63.71M | 56.63M |
| OpEx % of Revenue | - | 20.83% | 28.45% | 28.1% | 25.16% | 21.95% | 29.79% | 28.86% | 24.82% | 21.02% | 30.36% | 30.29% | 25.9% | 22.08% | 32.74% | 30.89% | 25.74% | 21.23% | 30.81% | 28.11% |
| Selling, General & Admin | 74.31M | 64.18M | 74.29M | 67.45M | 70.7M | 60.21M | 68.89M | 63.53M | 66.08M | 56.4M | 65.27M | 61.68M | 62.68M | 55.02M | 66.23M | 59.59M | 60.74M | 51.26M | 61.6M | 54.53M |
| SG&A % of Revenue | - | 20.83% | 28.45% | 27.25% | 24.44% | 20.58% | 28.91% | 27.93% | 24.06% | 20.27% | 29.41% | 29.29% | 25.06% | 21.27% | 31.73% | 29.83% | 24.88% | 20.39% | 29.79% | 27.06% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 95.46M | 108.08M | 55.43M | 51.79M | 88.02M | 100.03M | 48.17M | 42.72M | 84.48M | 97.8M | 41.54M | 35.44M | 74.48M | 90.68M | 35.51M | 33.84M | 77.47M | 102.4M | 45.32M | 50.25M |
| Operating Margin % | - | 35.08% | 21.23% | 20.92% | 30.43% | 34.19% | 20.22% | 18.78% | 30.76% | 35.14% | 18.72% | 16.83% | 29.78% | 35.05% | 17.01% | 16.94% | 31.73% | 40.74% | 21.92% | 24.94% |
| Operating Income Growth % | 8.45% | 8.05% | 15.06% | 21.23% | 4.2% | 2.28% | 15.98% | 20.53% | 13.43% | 7.85% | 16.97% | 4.72% | -3.86% | -11.45% | -21.63% | -32.64% | -8.03% | 5.25% | -11.21% | 4.01% |
| EBITDA | 95.46M | 118.34M | 65.6M | 61.7M | 97.58M | 109.56M | 57.41M | 51.75M | 93.24M | 106.46M | 49.7M | 42.95M | 82.12M | 98.52M | 43.29M | 41.58M | 85.29M | 110.1M | 53M | 57.75M |
| EBITDA Margin % | - | 38.41% | 25.12% | 24.93% | 33.73% | 37.45% | 24.09% | 22.75% | 33.94% | 38.26% | 22.4% | 20.4% | 32.83% | 38.08% | 20.74% | 20.81% | 34.94% | 43.8% | 25.63% | 28.66% |
| EBITDA Growth % | -2.17% | 8.02% | 14.27% | 19.23% | 4.66% | 2.91% | 15.51% | 20.5% | 13.54% | 8.07% | 14.81% | 3.3% | -3.72% | -10.52% | -18.33% | -28% | -7.04% | 5.06% | -9.68% | 3.63% |
| D&A (Non-Cash Add-back) | 0 | 10.26M | 10.17M | 9.91M | 9.56M | 9.53M | 9.23M | 9.03M | 8.76M | 8.66M | 8.16M | 7.51M | 7.64M | 7.84M | 7.78M | 7.73M | 7.83M | 7.7M | 7.68M | 7.5M |
| EBIT | 0 | 108.08M | 21.66M | 55.02M | 91.4M | 103.95M | 52.33M | 46.83M | 88.21M | 100.77M | 44.28M | 38.03M | 76.63M | 92M | 36.26M | 34.19M | 77.67M | 110.17M | 60.56M | 65.26M |
| Net Interest Income | 0 | 3.7M | 3.64M | 3.23M | 3.38M | 3.92M | 4.15M | 4.11M | 3.73M | 2.96M | 2.74M | 2.58M | 2.13M | 1.33M | 745K | 339K | 205K | 6.47M | 14.51M | 14.25M |
| Interest Income | 0 | 3.7M | 3.64M | 3.23M | 3.38M | 3.92M | 4.15M | 4.11M | 3.73M | 2.97M | 2.74M | 2.59M | 2.15M | 1.33M | 745K | 344K | 205K | 7.77M | 15.25M | 15.01M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2K | 2K | 6K | 1K | 7K | 19K | 0 | 0 | 5K | 0 | 1.3M | 741K | 763K |
| Other Income/Expense | 3.02M | 3.7M | -33.77M | 3.23M | 3.38M | 3.92M | 4.15M | 4.11M | 3.73M | 2.96M | 2.74M | 2.58M | 2.13M | 1.33M | 745K | 339K | 205K | 6.47M | 14.51M | 14.25M |
| Pretax Income | 98.48M | 111.78M | 21.66M | 55.02M | 91.4M | 103.95M | 52.33M | 46.83M | 88.2M | 100.76M | 44.28M | 38.02M | 76.61M | 92.01M | 36.26M | 34.18M | 77.67M | 108.87M | 59.82M | 64.5M |
| Pretax Margin % | - | 36.28% | 8.29% | 22.23% | 31.59% | 35.53% | 21.96% | 20.59% | 32.11% | 36.21% | 19.95% | 18.06% | 30.63% | 35.57% | 17.37% | 17.11% | 31.81% | 43.31% | 28.93% | 32.01% |
| Income Tax | 23.14M | 25.04M | 5.38M | 13.47M | 19.79M | 22.07M | 10.86M | 11.95M | 20.2M | 20.05M | 8.54M | 9.05M | 17.05M | 20.98M | 6.25M | 8.62M | 19.59M | 23.76M | 12.17M | 15.04M |
| Effective Tax Rate % | 23.49% | 22.41% | 24.85% | 24.48% | 21.65% | 21.23% | 20.76% | 25.52% | 22.9% | 19.9% | 19.28% | 23.81% | 22.25% | 22.8% | 17.24% | 25.22% | 25.22% | 21.82% | 20.34% | 23.31% |
| Net Income | 75.35M | 86.73M | 16.27M | 41.55M | 71.62M | 81.88M | 41.47M | 34.88M | 68.01M | 80.71M | 35.74M | 28.97M | 59.56M | 71.03M | 30.01M | 25.56M | 58.08M | 85.11M | 47.66M | 49.46M |
| Net Margin % | - | 28.15% | 6.23% | 16.79% | 24.75% | 27.99% | 17.4% | 15.33% | 24.76% | 29% | 16.11% | 13.76% | 23.81% | 27.46% | 14.38% | 12.8% | 23.79% | 33.86% | 23.05% | 24.55% |
| Net Income Growth % | 5.21% | 5.93% | -60.75% | 19.12% | 5.31% | 1.45% | 16.03% | 20.38% | 14.18% | 13.63% | 19.1% | 13.34% | 2.56% | -16.55% | -37.03% | -48.32% | -25.65% | -1.89% | -8.43% | 5.21% |
| Net Income (Continuing) | 75.35M | 86.73M | 16.27M | 41.55M | 71.62M | 81.88M | 41.47M | 34.88M | 68.01M | 80.71M | 35.74M | 28.97M | 59.56M | 71.03M | 30.01M | 25.56M | 58.08M | 85.11M | 47.66M | 49.46M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.80 | 3.14 | 0.58 | 1.48 | 2.52 | 2.84 | 1.42 | 1.19 | 2.29 | 2.71 | 1.19 | 0.96 | 1.94 | 2.30 | 0.96 | 0.80 | 1.66 | 2.15 | 1.08 | 1.09 |
| EPS Growth % | 11.11% | 10.56% | -59.15% | 24.37% | 10.04% | 4.8% | 19.33% | 23.96% | 18.04% | 17.83% | 23.96% | 20% | 16.87% | 6.98% | -11.11% | -26.61% | -1.78% | 15.59% | -2.7% | 9% |
| EPS (Basic) | 2.82 | 3.16 | 0.59 | 1.48 | 2.53 | 2.86 | 1.43 | 1.19 | 2.31 | 2.73 | 1.20 | 0.96 | 1.96 | 2.32 | 0.96 | 0.80 | 1.67 | 2.15 | 1.08 | 1.09 |
| Diluted Shares Outstanding | 26.87M | 27.61M | 27.9M | 28.13M | 28.47M | 28.87M | 29.16M | 29.41M | 29.64M | 29.76M | 29.91M | 30.29M | 30.64M | 30.84M | 31.39M | 31.88M | 34.9M | 39.67M | 44.3M | 45.58M |
| Basic Shares Outstanding | 26.74M | 27.45M | 27.74M | 28M | 28.28M | 28.68M | 29M | 29.29M | 29.46M | 29.55M | 29.78M | 30.18M | 30.46M | 30.67M | 31.3M | 31.8M | 34.81M | 39.57M | 44.21M | 45.49M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |