Pulling SEC filings + quote and writing the call…

Grand Canyon Education, Inc.
Next earnings Aug 4, 2026 · consensus $1.71 EPS, $267M rev
Last earnings -0.1% on 2026-04-30
Quiet compounder: 7% revenue growth, 29% ROE, aggressive buybacks at a reasonable 18.8x P/E — quality at a fair price.
Sources: SEC EDGAR (CIK 0001434588, latest 10-Q filed 2026-04-30) · EODHD · analysis by claude-code · as of 6/25/2026, 1:15:37 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
The fundamentals carry the rating, but the price is rich (~36% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
LOPE is a high-quality, capital-light services business hiding behind a complex GCU relationship. FY2025 delivered $1.11B revenue (+7.1%) on the back of 7.1% partner enrollment growth to 136,239 students, with GCU online enrollments — the core engine — up 8.7% to 107,148. Operating margins held at 24.0% and ROE printed 28.9% on a near-debt-free balance sheet (liabilities/equity 0.33x). Net income dipped 4.4% to $216M, but the MD&A reveals a benign explanation: contract modifications reduced revenue share in exchange for shedding faculty cost reimbursements (margin-neutral to slightly accretive long-term), plus the 2024 leap-day comp ($1.5M) and a slight mix shift to lower-tuition online students. Underlying unit economics remain intact.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $897M | $911M | $961M | $1.03B | $1.11B |
| Gross profit | — | — | — | — | — |
| Operating income | $282M | $238M | $249M | $275M | $266M |
| Net income | $260M | $185M | $205M | $226M | $216M |
| Diluted EPS | $5.92 | $5.73 | $6.80 | $7.73 | $7.71 |
| Net margin | 29.0% | 20.3% | 21.3% | 21.9% | 19.5% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Annual meeting results: directors elected and auditor ratified
Reg FD disclosure, likely investor conference or presentation update
Q1 2026 10-Q showing continued GCU partner-enrollment growth
Q1 2026 10-Q showing continued GCU partner-enrollment growth
2026 proxy: routine board, comp and auditor votes for annual meeting
FY25 10-K: enrollments +7.1% to 136,239; NI dipped 4.4% on cost growth
FY25 10-K: enrollments +7.1% to 136,239; NI dipped 4.4% on cost growth
Disclosed officer or director change (Item 5.02 governance event)
1049 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.
| 2026-06-10 | Warren Kevin F. Director | Award | 498.00 | |
| 2026-06-10 | Humphrey Chevy Director | Award | 498.00 | |
| 2026-06-10 | Keegan Lisa Graham Director | Award | 498.00 | |
| 2026-06-10 | HENRY JACK A Director | Award | 498.00 | |
| 2026-06-10 | Ward Sara Director | Award | 498.00 | |
| 2026-05-05 | BACHUS DANIEL E CHIEF FINANCIAL OFFICER | Gift | 770.00 | |
| 2026-05-05 | Meyer William Stan CHIEF OPERATING OFFICER | Gift | 500.00 | |
| 2026-05-05 | MUELLER BRIAN E CEO | Gift | 300.00 |