15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.6% per year over the past 5 years.
Net income has grown slower than revenue (-75.7% vs 5.6% per year).
Operating margin has contracted, at 24.0% in the latest year.
Free cash flow has declined 3.1% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-23.5% vs 5.6% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.1B
$216170
0.0%
24.0%
$239M
—
$112M
2024
$1.0B
$226234
0.0%
26.7%
$253M
—
$325M
2023
$961M
$204985
0.0%
25.9%
$199M
—
$146M
2022
$911M
$184675
0.0%
26.1%
$186M
—
$120M
2021
$897M
$260344
0.0%
31.5%
$284M
—
$601M
2020
$844M
$257M
0.0%
32.9%
$279M
$108M
$246M
2019
$779M
$259M
0.0%
34.1%
$284M
$141M
$122M
2018
$846M
$229M
0.0%
30.5%
$105M
—
$120M
2017
$974M
$203M
0.0%
29.0%
$191M
—
$153M
2016
$873M
$149M
0.0%
27.2%
$59M
—
$46M
2015
—
$131M
—
—
—
—
$23M
2014
—
$111M
—
—
—
—
$65M
2013
—
$89M
—
—
$40M
$93M
$56M
2012
—
$69M
—
—
$47M
$100M
$105M
2011
—
$51M
—
—
$7M
$22M
$21M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$309M
$75M
0.0%
30.9%
$80M
—
$96M
Dec '25
$308M
$87M
0.0%
35.1%
$123M
—
$112M
Sep '25
$261M
$16M
0.0%
6.9%
-$58M
—
$97M
Jun '25
$247M
$42M
0.0%
20.9%
$115M
—
$192M
Mar '25
$289M
$72M
0.0%
30.4%
$59M
—
$145M
Dec '24
$293M
$82M
0.0%
34.2%
$126M
—
$325M
Sep '24
$238M
$41M
0.0%
20.2%
-$39M
—
$264M
Jun '24
$227M
$35M
0.0%
18.8%
$90M
—
$241M
Mar '24
$275M
$68M
0.0%
30.8%
$76M
—
$196M
Dec '23
$278M
$81M
0.0%
35.1%
$106M
—
$146M
Sep '23
$222M
$36M
0.0%
18.7%
-$46M
—
$57M
Jun '23
$211M
$29M
0.0%
16.8%
$85M
—
$143M
Mar '23
$250M
$60M
0.0%
29.8%
$54M
—
$105M
Dec '22
$259M
$71M
0.0%
35.1%
$101M
—
$120M
Sep '22
$209M
$30M
0.0%
17.0%
-$47M
—
$40M
Jun '22
$200M
$26M
0.0%
16.9%
$67M
—
$139M
Mar '22
$244M
$58M
0.0%
31.7%
$63M
—
$202M
Dec '21
$251M
$85M
0.0%
40.7%
$97M
—
$601M
Sep '21
$207M
$48M
0.0%
21.9%
-$7M
—
$61M
Jun '21
$201M
$49M
0.0%
24.9%
$114M
—
$69M
Valuation over time
How the market has priced LOPE against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 16348.6× (Mar '23) to 17549.5× (Jun '26).
The price-to-sales ratio has risen from 3.3× (Mar '23) to 3.4× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is LOPE growing its revenue and profit?
Over the past 5 years, Grand Canyon Education, Inc.'s revenue has grown 5.6% per year, and net income declined 75.7% per year. These are computed facts, not advice.
How much debt does LOPE have?
As of FY2025, Grand Canyon Education, Inc. reported — of total debt against $112M of cash.
What is LOPE's profit margin?
In FY2025, gross margin was —, operating margin 24.0%, and net margin 0.0%.
What is LOPE's P/E ratio?
As of Jun '26, Grand Canyon Education, Inc. traded at a price-to-earnings ratio of about 17549.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.