Every 10-Q that Grand Canyon Ed Inc (LOPE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LOPE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOPE filings page.
Grand Canyon Education, Inc. reported solid first-quarter 2026 growth. Service revenue reached $308.8 million, up 6.7% year over year, driven by a 7.1% increase in university partner enrollments to 136,884 students, including 132,354 at Grand Canyon University (GCU).
Net income rose to $75.3 million, with diluted EPS of $2.80, compared with $71.6 million and $2.52 a year earlier. Operating income was $95.5 million as costs were largely held in line with revenue, keeping margins stable. Operating cash flow strengthened to $88.2 million.
The company ended the quarter with $251.7 million in cash, cash equivalents and investments, even after repurchasing about 724,000 shares for roughly $120.4 million. GCE remains highly dependent on GCU, which contributed about 90% of service revenue, and it continues to defend several lawsuits related to GCU graduate program marketing.
Grand Canyon Education (LOPE) filed its Q3 2025 10‑Q. Service revenue rose to $261.1 million (up 9.6% year over year) on higher partner enrollments. Operating income fell to $18.0 million, driven by a $35.0 million reserve for litigation settlement and $2.4 million of lease termination and impairment charges. Net income was $16.3 million with diluted EPS of $0.58, compared to $1.42 a year ago.
Enrollments increased 7.9% to 138,073 as of September 30, 2025, including GCU at 132,486 and off‑campus classroom and lab sites at 6,912. Year to date, service revenue reached $798.0 million. Cash and cash equivalents were $97.3 million and investments were $179.7 million at September 30, 2025. The company repurchased 874 thousand shares year to date for $156.7 million; shares outstanding were 27,968,476 as of November 3, 2025.
Management notes slightly lower revenue per student due to partner contract changes and mix, partly offset by higher ABSN revenue per student and an extra day of ground campus revenue in Q3 2025.