Grand Canyon Education, Inc.
Grand Canyon Education, Inc. (LOPE) Financial Performance & Income Statement Overview
Analyze Grand Canyon Education, Inc. (LOPE) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Grand Canyon Education, Inc. (LOPE) Income Statement & Financial Overview
Explore comprehensive income reports for Grand Canyon Education, Inc. LOPE, broken down by year and quarter.
Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
---|---|---|---|---|
Revenue | $289.31M | $292.57M | $238.29M | $227.46M |
Cost of Revenue | $128.49M | $128.33M | $2.10M | $121.21M |
Gross Profit | $160.82M | $162.14M | $236.19M | $106.25M |
Gross Profit Ratio | $0.56 | $0.55 | $0.99 | $0.47 |
R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
SG&A Expenses | $70.70M | $60.21M | $68.89M | $63.53M |
Operating Expenses | $72.80M | $64.22M | $188.01M | $63.53M |
Total Costs & Expenses | $201.29M | $192.55M | $190.12M | $184.74M |
Interest Income | $3.38M | $3.92M | $4.15M | $4.11M |
Interest Expense | $0.00 | $0.00 | $0.00 | $2000.00 |
Depreciation & Amortization | $9.56M | $9.53M | $9.23M | $9.03M |
EBITDA | $100.96M | $113.48M | $61.56M | $51.75M |
EBITDA Ratio | $0.35 | $0.39 | $0.26 | $0.23 |
Operating Income | $88.02M | $100.03M | $48.17M | $42.72M |
Operating Income Ratio | $0.30 | $0.34 | $0.20 | $0.19 |
Other Income/Expenses (Net) | $3.38M | $3.92M | $4.15M | $4.11M |
Income Before Tax | $91.40M | $103.95M | $52.33M | $46.83M |
Income Before Tax Ratio | $0.32 | $0.36 | $0.22 | $0.21 |
Income Tax Expense | $19.79M | $22.07M | $10.86M | $11.95M |
Net Income | $71.62M | $81.88M | $41.47M | $34.88M |
Net Income Ratio | $0.25 | $0.28 | $0.17 | $0.15 |
EPS | $2.53 | $2.86 | $1.43 | $1.19 |
Diluted EPS | $2.52 | $2.84 | $1.42 | $1.19 |
Weighted Avg Shares Outstanding | $28.28M | $28.68M | $29.003M | $29.29M |
Weighted Avg Shares Outstanding (Diluted) | $28.47M | $28.87M | $29.16M | $29.41M |
Over the past four quarters, Grand Canyon Education, Inc. demonstrated steady revenue growth, increasing from $227.46M in Q2 2024 to $289.31M in Q1 2025. Operating income reached $88.02M in Q1 2025, maintaining a consistent 30% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at $100.96M, reflecting operational efficiency. Net income dropped to $71.62M, with EPS at $2.53. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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